Expo Engineering and Projects Ltd Directors Report

Dear Members,

The Board of Directors of the Company takes pleasure in presenting the Forty-Three Annual Report on the business and operation of Expo Engineering and Projects Limited (Formerly known as Expo Gas Containers Limited) together with Audited Financial statement for the year ended 31st March 2026.

FINANCIAL RESULTS

(Rs. in Lacs)

Particulars	As on 31.03.2026	As on 31.03.2025
Sales Turnover	6822.55	11474.36
Profit / (Loss) before Depreciation and Interest	649.70	848.48
Less: - Interest	370.74	390.77
Less: - Depreciation	38.21	45.97
Net Profit / (Loss) before Tax	240.75	411.73
Less: - Tax
- Current tax	81.24	95.26
- Earlier Tax	-4.37	2.49
- Deferred Tax Liabilities / (Assets)	-10.26	-4.31
Net Profit/Loss after Tax	174.13	318.28
Other Comprehensive Income	18.66	-5.22
Net Profit after Tax & Comprehensive Income	192.80	313.06
Profit / (Loss) brought forward	1086.51	773.45
Balance Carried to Balance Sheet	1279.30	1086.51

OPERATIONAL PERFORMANCE

During the Financial Year ended 31st March, 2026, your Company has achieved on standalone basis an operational turnover Rs. 6822.55 lakh as compared to Rs. 11474.36 lakh in the previous financial year and the Profit after Tax of Rs. 174.13lakh as compared to Rs.318.28lakh in the previous financial year.

MANAGEMENT OUTLOOK FOR THE YEAR 2026-27

The outlook for the process plant industry in India for 2026-27 is exceptionally robust, entering a super- cycle of capacity expansion and high capital expenditure (Capex). Driven by Indias decision to aggressively expand domestic processing infrastructure while Western nations scale back, the market is on track to reach $183.85 billion in 2026, supported by a projected downstream refining and petrochemical annual growth rate of 5.4%.

FUTURE OUTLOOK:

The Indian oil and gas industry in 2026-27 is navigating a transition marked by stabilizing crude prices, shifting global trade dynamics, and a strong government push for energy diversification.

The sectors outlook is defined by several key elements:

Crude Oil Prices & Economic Impact: Global crude supply has stabilized, leading the Indian crude oil basket to cool from earlier highs, ultimately projected to settle below $90 per barrel. While this eases inflation slightly, elevated energy prices remain a concern, nudging the IMF to forecast Indias FY27 GDP growth at 6.4%.

Energy Import Dynamics: India continues to import about 85% of its crude requirements, relying heavily on suppliers like Russia, Iraq, and Saudi Arabia. However, the country is diversifying its portfolio, highlighted by major agreements to import Liquid Petroleum Gas (LPG) from the United States.

Regulatory Environment: The government has expanded the formula-based pricing system for natural gas to incentivize exploration while retaining some administrative controls. The Union Budget has also exempted central excise duty on compressed biogas (CBG) blended with CNG to promote cleaner alternative fuels.

Green Transition Goals: Long-term domestic demand is projected to double by 2045, but the industry is actively shifting toward cleaner solutions. Through initiatives showcased at events like the India Energy Week, India is scaling up green hydrogen production and deploying hydrogen buses in cities like Delhi NCR.

The outlook for the process plant industry in India for 2026-27 is exceptionally robust, entering a super- cycle of capacity expansion and high capital expenditure (Capex). Driven by Indias decision to aggressively expand domestic processing infrastructure while Western nations scale back, the market is on track to reach $183.85 billion in 2026, supported by a projected downstream refining and petrochemical annual growth rate of 5.4%.

India is positioned to lead global refinery additions through 2030. Total refining capacity is projected to expand significantly, rising toward 6.32 million barrels per day by the end of 2027.

Greenfield Petrochemical Integration: The massive $8.3 billion, 180,000 bpd HPCL Rajasthan Refinery (HRRL) in Pachpadra officially commenced commercial operations. This integrated refinery-cum- petrochemical complex acts as a primary anchor for regional process industries, churning out 2.4 million tonnes annually of polypropylene, polyethylene, butadiene, and benzene.

Public Sector Expansion Blast: Massive public sector undertaking (PSU) brownfield expansions are hitting critical construction phases for 2026-27 delivery:

Panipat Refinery: Adding a massive 200,000 bpd expansion crude unit.

Barauni Refinery: Implementing a new 180,000 bpd processing unit.

Numaligarh Refinery: Undergoing a 120,000-bpd capacity boost.

Strategic Infrastructure: ONGC has approved major capital allocation to build out 13 million barrels of national strategic oil reserves via new underground rock caverns (such as in Mangalore), requiring massive specialized process, piping, and safety equipment

The Company is actively pursuing business opportunities with prospective clients for their upcoming projects through the submission of budgetary and firm quotations. Some of the projects currently being pursued are outlined below:

• Ammonia-Urea train-4 (CFG4) Project of Chambal Fertilisers & Chemicals Limited located at Gadepan, Kota, Rajasthan, India.

• Hydrocracker Unit (HCU), Revamp & its Associated facilities Projects at Bharat Petroleum Corporation Limited, Mahul, Mumbai.

• Petro Resid Fluidized Catalytic Cracking (PRFCC) Unit & its Associated facilities Projects at Bharat Petroleum Corporation Limited, Mahul, Mumbai.

• BINA PETCHEM AND REFINERY EXPANSION PROJECT (BPREP), BPCL, Bina, M.P

• LUBE MODERNIZATION & BOTTOMS UPGRADATION (LMBU) PROJECT, HPCL - Mumbai.

• 1200 MTPD Green Ammonia Project of ACME Clean Energy Private Limited (ACEPL) - Gopalpur, Odisha, India.

• 0.3MMTPA Green Ammonia Plant of L&T Energy Green Tech Limited, Kandla Phase-I, Gandhi Dham, Gujarat

• Poly Propylene Project for M/s Petronet LNG Limited, Dahej, Gujarat, India.

• Polypropylene Unit (PPU) Project at Numaligarh Refinery, Assam

• 27 KTA Standalone Rubber Plant Facility Project of Styrenix Performance Materials Limited at Nandesari, Gujarat.

• Ammonia-Urea Fertilizer Plant Project of Assam Valley Fertilizer and Chemical Company Limited (AVFCCL) , Namrups, Dibrugarh, Assam, India

• Lube Modernisation & Bottom Upgradation Project of HPCL, Mumbai Refinery

• Crystal Project of Perstorp Industries India Pvt. Ltd at Sayakha, Gujarat, India CHANGE IN NATURE OF BUSINESS OF THE COMPANY

During the year under review there has been no change in the nature of business of the company. DIVIDEND

The Dividend for the year ended 31st March, 2026 is not advisable as in order to conserve the resources, your directors feel that the profits be retained in the business to overcome any unforeseen difficulties.

TRANSFER TO RESERVE

The Company has not transferred any amount to the Reserves during the year.

MANAGEMENT DISCUSSION & ANALYSIS REPORTS

In compliance with Regulation 34(2), read with Part B of Schedule V of the Listing Regulations, the Managements Discussion and Analysis (“MDA “) Report giving the details on review of operations, performance, opportunities, and outlook of the Company forms an integral part of this Report and is annexed herewith as Annexure I

MATERIAL CHANGES AND COMMITMENT AFFECTING THE FINANCIAL POSITION

There was no a material changes affecting the financial position of the Company INDIAN ACCOUNTING STANDARD (IND AS):

The financial statements for the year under review have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act, 2013 (‘Act) read with Companies (Accounts) Rules, 2014 to the extent applicable to the Company.

DEPOSITS

During the financial year 2025-26 your Company has not accepted any deposit within the meaning of Sections 73 and 74 of the Companies Act,2013 read together with the Companies (Acceptance of Deposits) Rules, 2014.

Hence, the requirement of furnishing details relating to Deposits covered under Chapter V of the Act or the details of Deposits that are not in compliance with Chapter V of the Act is not applicable.

SUBSIDIARY COMPANIES ASSOCIATE AND JOINT VENTURE COMPANIES:

As on March 31, 2026, according to the Companies Act,2013 and rules made there under the Company doesnt have any Subsidiary Company, Associate Company and Joint Venture Company.

CHANGE OF NAME & ALTERATION IN THE MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION

During the year 2025-26, the Shareholders of the Company vide passed Special Resolution dated 27th June, 2025 through EGM have approved the Change of Name of the Company from “Expo Gas Containers Limited” to “Expo Engineering and Projects Limited” which has approved by Central Registration Centre (CRC), Ministry of Corporate Affairs vide Fresh Certificate of Incorporation dated 21st July,2025.

Further, the Company has received approval for Change in Name from Stock Exchange i.e. BSE Limited vide Notice No. 20250731-21 dated 31st July, 2025 and accordingly the Name of the Company has been changed from “Expo Gas Containers Limited” to “Expo Engineering and Projects Limited”

For this Clause I of the Memorandum of Association has been substituted and accordingly changes in Article of Association of the Company.

Clause I - “Name of Company is “Expo Engineering and Projects Limited “

The new name reflects its evolving aspirations and values. The Company aims to pursue aggressive growth plans with an aim to be a truly global operation with addition of wide set of differentiated offerings

SHARE CAPITAL.

The Authorized Capital of the Company is 4,00,00,000 Equity shares of the Company of Rs. 4/- each and the paid capital of the Company as on 31.03.2026 is 2,27,96,400 Equity shares of the Company of Rs. 4/- each.

There is no change in Equity Share Capital of the Company during the year, the shares of the Company are listed and regularly traded at the trading platform of BSE Ltd.

Pursuant to Section 62(1)(c) of the Companies Act, 2013 read with Companies (Share Capital and Debentures) Rules, 2014 made thereunder and the SEBI (ICDR) Regulations, 2018 in financial year 2025-26, your company had issued 31,45,715 convertible warrants face value of Rs.4/- each (‘Warrants) at a price of Rs. 70/- (Rupees Seventy) each (‘Issue Price) including premium of Rs. 66/- (Rupees Sixty- Six) each aggregating to Rs. 22,02,00,050 within a period 18 (Eighteen) months from the date of issue of such warrants at the option of the warrant holder to the Promoter and Non-Promoter group and others through preferential issue. Shareholders approval has been taken by passing the special resolution on June 27,2025 and for the same the in-principal approval was also obtained by the company from BSE Ltd vide letter LOD/PREF/PB/FIP /863/2025-26 dated September 12,2025.

During the year on 26th September,2025 Board of Director of the Company had allotted 31,45,715 (as per the provisions of the ICDR Regulations, by way of preferential issue on private placement basis within the time limit and convert the same into equal number of equity shares within 18 months from the date of allotments of warrants to following allotees;

Sl. No.	Name of the Proposed Allottees	Category	Maximum no. of Warrants to be allotted	Maximum Amount to be raised (In Rs.)
1	Aegis Investment Fund PCC	Non-Promoters	14,14,285	9,89,99,950
2	Yasmin Merchant	Non-Promoters	85,715	60,00,050
3	Neelam Salim Bachooli	Non-Promoters	85,715	60,00,050
4	Mumtaz sajjadhussien Nathani	Non-Promoters	85,715	60,00,050
5	Murtuza Shaukatali Mewawala	Promoters	13,32,856	9,32,99,920
6	Hasanain Shaukatali Mewawala	Promoters	1,41,429	99,00,030
	Total		31,45,715	22,02,000,50

DIRECTORS AND KEY MANAGERIAL PERSONNEL

The Companys Board comprises accomplished professionals from diverse fields, each contributing significant expertise, domain knowledge, and experience. This well-balanced composition of Executive and Independent Directors ensures robust deliberations and effective decision-making by blending strong business insight with independent judgment.

Mr. Murtuza S. Mewawala, Director (DIN:00125534) retires by rotation at the ensuing Annual General Meeting (‘AGM) of your Company and being eligible, offers himself for re-appointment in accordance with the provisions of Section 152(6) of the Act read with Articles of Association of the Company.

Particulars in pursuance of Regulation 36 of the SEBI LODR Regulations read with Secretarial Standard -2 on General Meetings, brief profile of retiring Directors, Mr. Murtuza S. Mewawala is provided as an Annexure-I to the Notice of the 43rd Annual General Meeting.

DECLARATION BY AN INDEPENDENT DIRECTOR(S)

Based on the confirmation / disclosures received from the Directors, the following Non-Executive Directors are Independent as on March 31, 2026:

1) Mr. Venkateswaran Manickam Chittoor

2) Mrs. Sayada Mukadam

3) Mrs. Fatema Soyel Nayani

The Company has received the necessary declaration from each Independent Director under Section 149 (7) of the Companies Act, 2013 that they meet the criteria of independence laid down under Companies Act, 2013 along with a declaration received pursuant to sub rule (3) of Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014. They have also furnished the declaration pursuant to relevant regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) (‘Listing Regulations). The Independent Directors have individually confirmed that they are not aware of any circumstances or situation, which exist or may be reasonably anticipated, that could impair or impact their ability to discharge their duties with an objective independent judgment and without any external influence and that they comply with the Companys Code of Conduct.

Based on the declarations and confirmations of the Independent Directors and after undertaking due assessment of the veracity of the same, the Board of Directors recorded their opinion that all the Independent Directors are independent of the Management and have fulfilled all the conditions as specified under the governing provisions of the Companies Act, 2013 and the Listing Regulations

MERGER OF EXPO PROJECT ENGINEERING SERVICES PVT. LTD. WITH THE COMPANY

The Board of Directors of the Company have approved the proposal to merge the “Expo Projects Engineering Services Private Limited” with the company “Expo Engineering and Projects Limited” at the Board Meeting held on 30th June,2026.

Your Company is in process to take further action for the implementation of the proposed merger.

ANNUAL EVALUATION BY THE BOARD OF ITS OWN PERFORMANCE, ITS COMMITTES AND INDIVIDUAL DIRECTORS

The Board of Directors of the Company has initiated and put in place evaluation of its own performance, its committees and individual directors. In a separate meeting of independent directors, performance of non-independent directors, the Board as a whole and the Chairman of the Company was evaluated, considering the views of executive directors and non-executive directors. The results of the evaluation are satisfactory and adequate and meet the requirement of the Company.

The Board of Directors of the Company is of the opinion that all the Independent Directors of the Company possess the highest standard of integrity, relevant expertise, and experience required to best serve the interest of the Company.

BOARD MEETINGS

During the year Seven (07) Board Meetings, (4) Audit Committee Meetings Two (02) Nomination and Remuneration Committee Meeting and Four (04) Stakeholders Relationship Committee Meetings were held. The details of which are given in the Corporate Governance Report. The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013. The maximum gap between two Board meetings did not exceed 120 days

A separate meeting of Independent Directors, pursuant to Section 149 (7) read with Schedule VI of the Companies Act, 2013 was held on 24th March 2026.

COMMITTEES OF THE BOARD

In accordance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015 the Board has the following Three (3) committees as on 31st March,2026

(i) Audit Committee

(ii) Nomination and Remuneration Committee

(iii) Stakeholders Relationship Committee

A detailed update on the Board committees, its composition, detailed charter including terms of reference of various Board Committees, number of Committee meetings held, and attendance of the directors at each meeting is provided in the Corporate Governance Report, which forms part of this Annual Report.

CORPORATE GOVERNANCE

The Company is committed to maintaining the highest standards of Corporate Governance and complying with the corporate governance requirements prescribed by the Securities and Exchange Board of India (“SEBI”) and other applicable laws. The Company continuously endeavours to adopt and implement best governance practices to ensure transparency, accountability and ethical conduct in all aspects of its operations.A detailed Report on Corporate Governance pursuant to Regulation 34(3) read with Schedule V(C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 forms an integral part of this Annual Report and is annexed herewith as Annexure-II

STATUTORY AUDITOR AND THEIR REPORT

The shareholders at their 39th Annual General Meeting (AGM) held on 21st September,2022 as per the recommendation of Audit Committee and Board had appointed M/s. K. S Shah & Co., Chartered Accountants (Firm Reg. No. 109644W) from the conclusion of the Thirty Ninth (39th) Annual General Meeting until the conclusion of the Forty Fourth (44th) Annual General Meeting for the financial year 2026-2027 and that the Board is authorized to fix the remuneration as may be determined by the Audit Committee in consultation with the Auditors. Now it is proposed to confirm their appointment for the financial year 2026-27 i. e. from the conclusion of the ensuing Annual General Meeting till the conclusion of the next Annual General Meeting

The Auditors Report and the Notes on financial statement for the year 2025-26 referred to in the Auditors Report are self-explanatory and do not contain any qualification, reservation or adverse remark, therefore, do not call for any further comments.

INTERNAL AUDITOR

Pursuant to the provisions of Section 138 of the Companies Act, 2013 and rules made thereunder (including any amendment(s), modification(s) or re-enactment(s) thereof for the time being in force), the Board of Directors of the Company, on the recommendation of Audit Committee, at their meeting held 11th May,2026 has re-appointed Mr. Sunil Sawant as Internal Auditors of the Company for the Financial Year 2026-27, to conduct Internal Audit of the Company.

The Internal Auditors are appointed to audit the function and activities of the Company and to review various operations of the Company and the Company has continued to implement their suggestions and recommendations to improve the control environment.

The observations of Auditors are self-explanatory in the notes referred to by them.

SECRETARIAL AUDITOR

Pursuant to Regulation 24A(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and in compliance with SEBIs circular SEBI/HO/CFD/CFD-Pod- 2/CIR/P/2024/185 dated 31st December, 2024 read with the applicable provisions of Companies Act, 2013 and other applicable regulations/ notifications, Ms. Neeta Desai of M/s ND and Associates, Practising Company Secretaries (COP No: 4741) has been appointed as the Secretarial Auditor of the Company for a period of five consecutive years, from the conclusion of the 42nd Annual General Meeting held on FY 2024-25 till the conclusion of the 47th Annual General Meeting by passing the special resolution in the last Annual General Meeting of the Company on such terms and remunerations as may be mutually agreed upon between the said secretarial auditor and Board of Directors of the Company for the secretarial Audit of the Company.

The Report of the Secretarial Audit for the financial year ended 31st March 2026 annexed herewith as “Annexure- III.”

The observations of Auditors are self-explanatory in the reports referred to by them.

COST RECORDS

Pursuant to sub-section (1) of section 148 ofthe Act for any ofthe products ofthe company Accordingly, during the year, maintenance of Cost Records and Cost Audit was not applicable to the Company.

RISK MANAGEMENT POLICY

The Company has a well-defined process to ensure the risks are identified and mitigation steps are put in place. The Companys Risk Management process focuses on ensuring that these risks are identified on a timely basis and reasonably addressed. The Audit Committee oversees financial risks and controls. Major risks are identified by the businesses and functions and these are systematically addressed through mitigating actions on a continuing basis.

INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Board of Directors of the Company is responsible for ensuring that Internal Financial Controls have been established in the Company and that such controls are adequate and operating effectively. The Company has laid down certain guidelines and processes which enables implementation of appropriate internal financial controls across the organization. The Internal Financial Control with reference to the financial statement was adequate and operating effectively. During the Financial Year, no frauds were reported by auditors in terms of section 143(12) of the Companies Act, 2013.

VIGIL MECHANISM/WHISTLE BLOWER POLICY

The Board of Directors has formulated a Whistle Blower Policy in compliance with the Section 177(10) read with Regulation 22 of SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015. The Company has a vigil mechanism to deal with instance of fraud and mismanagement, if any. The policy is in place and the Company has uploaded the same to its website.

PARTICULARS OF LOAN, GUARANTEE & INVESTMENTS

The particulars of loans, guarantees and investments as per Section 186 of the Act by the Company, have been disclosed in the financial statements.

ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE

The information required under Section 134(3)(m) of the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014, with respect to conservation of energy, technology absorption and foreign exchange earnings/outgo is given hereto and forms a part of this report.

FORM - A

Form for disclosure of particulars with respect to Conservation of Energy.

Power and Fuel Consumption	Current year 31.03.2026	Previous year 31.03.2025
1) Electricity
Purchase Unit (KWH)	1.05	2.53
Total Amount (Rupees in lacs)	24.60	37.13
Rate per Unit (Rupees)	23.21	14.66
2) Coal	N.A.	N.A.
3) Furnace Oil	N.A.	N.A.
4) Internal Generation	N.A.	N.A.

TECHNOLOGY ABSORPTION, ADAPTATION AND INNOVATION

Energy conservation is not only a national priority but also a key value driver for your Company. Employees are also encouraged to give suggestion that will result in energy saving.

As prescribed under the Section 134 (3) (m) of the Companies Act, 2013 read with the Companies (Accounts) Rules, 2014 is not applicable, as there is no technology absorption, adaptation and innovation made by your Company in the goods manufactured.

FOREIGN EXCHANGE EARNING AND OUTGO

Particulars	2025-26	2024-25
CIF Value of Imports	5.98	87.03
Expenditure in foreign currency	16.66	5.88
Foreign Exchange earned	Nil	Nil

PARTICULARS OF EMPLOYEES

Disclosures pertaining to remuneration and other details as required under Section 197(12) of the Companies Act, 2013 and Rule 5(1), 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is attached as Annexure-IV

EXTRACT OF ANNUAL RETURN

Pursuant to the provisions of Sections 92(3) and 134(3)(a) of the Act read with Rule 12 ofthe Companies (Management and Administration) Rules, 2014 (as substituted by the Companies (Management and Administration) Amendment Rules, 2021 dated March 05, 2021), a copy of the Annual Return (MGT - 7) is available on the website of the Company at www. expogas.com.

RELATED PARTY TRANSACTIONS

All related party transactions that were entered into during the financial year were on arms length basis and were in the ordinary course of business. There are no materially significant related party transactions made by the Company with promoters, Directors, Key Managerial Personnel or other designated persons which may have a potential conflict with the interest of the Company at large.

Separate disclosure as per Regulation 34(3) of SEBI (LODR) Regulations, 2015 is made in the notes to the accounts attached with the financial statement, therefore not reproduced here under. The policy on Related Party Transactions duly approved by the Board has been posted on the Companys https://www.expogas.com/Investor%20Relations.html

HUMAN RESOURCES AND INDUSTRIAL RELATIONS

Industrial Relations continued to be harmonious throughout the year under review. Many initiatives have been taken to support business through organizational efficiency, process change support and various employee engagement programs which have helped the Organization achieve higher productivity levels.

PREVENTION OF INSIDER TRADING

The Company has adopted a Code of Conduct for Prevention of Insider Trading with a view to regulate trading in securities by the Directors and designated employees of the Company. The Code requires pre- clearance beyond threshold limit mentioned in the policy for dealing in the Companys shares and prohibits the purchase or sale of Company shares by the Directors and the designated employees while in possession of unpublished price sensitive information in relation to the Company and during the period when the Trading Window is closed.

As per the requirements of Regulation 8(1) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015, the Company has formulated code of fair disclosure of unpublished price sensitive information and has uploaded the same on the official website of the Company. All Board Directors and the designated employees have confirmed compliance with the Code.

STATEMENT PURSUANT TO LISTING AGREEMENT

The Companys Equity shares are listed at Bombay Stock Exchange Limited. The Annual Listing fee for the year 2026-27 has been paid.

STATUTORY DISCLOSURES

None of the Directors of the Company are disqualified as per provisions of Section 164(2) of the Companies Act, 2013. Your directors have made necessary disclosures, as required under various provisions of the Companies Act, 2013 and Listing regulations. Certificate as required under Part C of Schedule V of Listing Regulations is enclosed as Annexure V.

QUALITY/ SAFETY CERTIFICATIONS

Your Company has obtained the prestigious OHSAS(ISO45001:2018 certification. Your Company is also ISO 900:2015& ISO 14001:2015 certified by URS.

During the year company has been awarded certificate of authorization {R} & {NB} stamp under the National Board of Boiler & Pressure Vessel Inspector. Company has also secured “The American Society of Mechanical Engineers (ASME)” Boiler and Pressure Vessel Code.

COMMITTEE AND POLICY UNDER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION ANDREDRESSAL) ACT, 2013

An Internal Complaints Committee has been duly constituted by the Company in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules thereunder to redress complaints received on sexual harassment.

During the financial year under review, the Company has not received any complaints of sexual harassment.

Under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, the Company takes continuous efforts to ensure that the Women in our workplace are safe, and have trust in the organization to speak up and report to the Internal Complaints Committee if they are faced with any kind of harassment. When employers and employees know the rules and regulations regarding sexual harassment, they are better equipped to identify and prevent it.

COMPLIANCE OF THE PROVISIONS RELATING TO THE MATERNITY BENEFIT ACT 1961:

As required under Rule 8(5) (xiii) of the Companies (Accounts) Rule, 2014, the Company affirms that it that it adheres to the provisions requirement under Maternity Benefit Act, 1961, during the year.

Your Company always protect the employment of women and ensure their well-being during and after childbirth. During the period under review, there was no case of maternity benefit.

Company is committed to ensuring compliance with all applicable statutory requirements related to maternity benefits, including maternity leave, benefits during the period of absence, and protection of employment. The Company remains dedicated to providing a safe, inclusive, and supportive work environment for all its employees

CORPORATE SOCIAL RESPONSIBILITY

As per the Section 134 (o) Corporate Social Responsibility is not applicable to our Company.

BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT

Pursuant to Regulation 34 of the SEBI Listing Regulations, top one thousand listed entities based on market capitalization shall provide Business Responsibility and Sustainability Report. The Company is outside the purview of top one thousand listed entities. In view of this Business Responsibility and Sustainability Report is not applicable.

CODE OF CONDUCT

The Company has a defined code of conduct for its Directors and Senior Management Personnel and the same is uploaded on the website https://www.expogas.com/Policies.html

As on March 31, 2026, all the Board Members and Senior Management of the Company have affirmed compliance with the Code of Conduct- Annexure-VI

INDUSTRIAL RELATIONS

During the year under review, your Company enjoyed cordial relationship with contractor and employees at all levels.

THE DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

The company has not made any application under aforesaid bankruptcy code nor is the company facing any proceeding under the said Insolvency and Bankruptcy Code, 2016.

DIRECTORS RESPONSIBILTY STATEMENT AS REQUIRED UNDER SECTION 134(3)(c)

OF THE COMPANIES ACT 2013

The Directors state that: -

a) In the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation by way of notes to accounts relating to material departures;

b) The selected accounting policies were applied consistently and the judgments and estimates made by them are reasonable and prudent so as to give true and fair view of the state of affairs of the Company as at 31st March 2026 and of the profit for the year ended on that date;

c) The proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) The annual accounts have been prepared on a going concern basis.

e) The Directors had laid down internal financial controls to be followed by the Company and that such internal controls are adequate and were operating effectively.

f) The Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively

OTHER GENERAL DISCLOUSER;

SECRETARIAL STANDARDS:

The Institute of Company Secretaries of India, a Statutory Body, has issued Secretarial Standards on various aspects of corporate law and practices and the same is approved by the Government of India under section 118 (10) of the Companies Act, 2013.The Company has devised a proper system to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

EMPLOYEES STOCK OPTION SCHEME (ESOS), SWEAT EQUITY & SHARES HAVING DIFFERENTIAL VOTING RIGHTS:

Your Company has not issued any shares to the employees of the Company under the Employee Stock Option Scheme, Sweat Equity and with differential voting rights in the previous financial year.

ACKNOWLEDGEMENT

Your directors place on records their deep appreciation to employees at all levels for their hard work, dedication and commitment. The enthusiasm and unstinting efforts of the employees have enabled the Company to remain an industry leader.

The Board places on record its appreciation for the support and co-operation your Company has been receiving from its suppliers, distributors, retailers and others associated with it.

Your directors also take this opportunity to thank all Shareholders, Clients, Vendors, Banks, Government and Regulatory Authorities and Stock Exchanges, for their continued support.

	For and on behalf of the Board
	For Expo Engineering and Projects Limited
	(Formerly known as Expo Gas Containers Limited)
Place : - Mumbai
Dated : -11.08.2026	Sd/-
	Hasanain S. Mewawala
	Managing Director
	DIN:00125472