Faalcon Concepts Ltd Directors Report

Dear Members,

Your Directors have pleasure in presenting this 08^th Boards Report and the Companys Audited Standalone & Consolidated Financial Statements for the Financial Year ended on 31^st March, 2026.

1. FINANCIAL HIGHLIGHTS

The Companys financial performance for the year ended 31^st March 2026 is summarized below: -

(Amount in Lacs )

PARTICULARS	STANDALONE		CONSOLIDATED
	FY 2025-26	FY 2024-25	FY 2025-26	FY 2024-25
Revenue from Operations	3,001.71	2875.24	3,387.29	-
Other Income	1.20	1.13	1.56	-
Total Revenue	3,0001.91	2876.37	3,388.85	-
Expenditure	2,608.05	2495.89	2,928.54	-
Profit before Exceptional Items &	393.86	380.48	460.31	-
Tax
Exceptional Items	-	-	-	-
Profit before Tax	393.86	380.48	460.31	-
Current Tax	114.50	107.95	137.34	-
Deferred Tax	13.14	-3.38	14.47	-
Earlier Year Tax	-	8.58	-
Profit after Tax	292.50	267.32	337.44	-
Earning per equity share				-
a) Basic	3.48	3.99	3.77	-
b) Diluted	3.48	3.99	3.77	-

2. REVIEW OF BUSINESS OPERATIONS AND FUTURE PROSPECTS

STANDALONE During the year under review, the Company has earned a net revenue from operations of Rs. 3,001.71 lacs for the financial year 2025- 2026. Further, the Company has earned a Profit before Tax (PBT) of Rs. 393.86 and Profit after tax (PAT) of Rs. 292.50 Lacs.

CONSOLIDATED During the year under review, the Company has earned a net revenue from operations of Rs. 3,387.29 lacs for the financial year 2025- 2026. Further, the Company has earned a Profit before Tax (PBT) of Rs. 460.31 and Profit after tax (PAT) of Rs. 337.44 Lacs.

The financial statements are prepared under the historical cost convention, in accordance with Indian Generally Accepted Accounting Principles ("GAAP"), including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014, on the accrual basis, as adopted consistently by the Company.

3. DIVIDEND

With a view to conserve and save the resources for future prospects of the Company, the directors have not declared any dividend for the Financial Year 2025-26.

4. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION & PROTECTION FUND

There is no unclaimed/unpaid Dividend within the meaning of the provisions of Section 125 of the Companies Act, 2013 under the financial year 2025-26.

5. TRANSFER TO RESERVES

The Company has transferred amount to General Reserve as per notes in financial statement.

6. SHARE CAPITAL

CHANGES IN THE CAPITAL STRUCTURE: AUTHORISED SHARE CAPITAL

The Company increased its Authorised Share Capital to 14,00,00,000 from 10,50,00,000 as on 31^st March, 2026.

ISSUED, SUBSCRIBED AND PAID-UP SHARE CAPITAL

29,15,000 Equity Shares of Rs. 10/- issued on a preferential basis at the price of Rs. 69/- per share issued to Promoters & Non-Promoters on preferential basis pursuant to share swap basis.

The present the issued, subscribed and paid-up share capital of the Company is 9,74,51,200 divided into 9,74,51,20 Equity Shares of the Rs. 10/- each and the entire shares of the Company is listed on BSE-SME exchange.

BUY BACK OF SECURITIES:

The Company has not bought back any of its securities during the period under review.

BONUS SHARES:

No bonus shares were issued during the period under review.

ISSUE OF EQUITY SHARES UNDER ESOP:

No Equity shares under ESOP were issued during the period under review.

ISSUE OF EQUITY SHARES WITH DIFFERENTIAL RIGHTS AS TO DIVIDEND, VOTING OR OTHERWISE: No Equity shares with differential rights as to dividend, voting or otherwise were issued during the period under review.

7. DETAILS OF UTILIZATION OF FUNDS AND STATEMENT OF DEVIATION(S) OR VARIATION(S)

Pursuant to Regulation 32 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations/ LODR) not applicable on the company during the financial year 2025-26. However 29,15,000 Equity Shares of Rs. 10/- issued on a preferential basis at the price of Rs. 69/- per share issued to Promoters & Non-Promoters on preferential basis pursuant to share swap basis. It is for consideration other than cash. So, Regulation 32 (1) of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations/ LODR) not applicable.

8. CHANGE IN THE NATURE OF BUSINESS

There is no change in the nature of the business of the company during the Financial year 2025-26.

9. DETAILS OF THE SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE COMPANIES & ITS PERFORMANCE AND FINANCIAL POSITION

As defined under the Companies Act, 2013, the Company has one subsidiary as of March 31, 2026, namely:

Sr. No.	Name of the company	% of Shareholding	Relation
1.	Chrome Coaters Private Limited	53	Subsidiary Company

10. CONSOLIDATED FINANCIAL STATEMENT

The Company has prepared the Audited Consolidated Financial Statements in accordance with Section 129(3) of the Act read with the applicable Accounting Standards and Listing Regulations. The Audited Consolidated Financial Statements of the Company reflecting the Consolidation of the Accounts of its subsidiary is included in this Annual Report.

Further, a statement containing the salient features of the financial statements of subsidiary pursuant to sub-section 3 of Section 129 of the Companies Act, 2013 (the Act) in the prescribed form AOC-1 is appended to this Board Report as Annexure IV.

11. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS/ COURTS/

TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANYS OPERATIONS IN

FUTURE

There are no significant/material orders passed by the Regulators or Courts or Tribunals impacting the going concern status of the Company and its operations in future.

12. STATEMENT IN RESPECT OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE

TO THE FINANCIAL STATEMENTS

The Internal Financial Controls of the Company are adequate keeping in mind Companys business size and mode of operations. All process and safety measures are followed to protect from any financial or business loss, unauthorized use or disposition of its assets. All the transactions are properly regulated through proper channels to maintain control.

The Board has adopted policies and procedures to ensure orderly and efficient conduct of its business, including adherence to the Companys policies, safeguarding of its assets, prevention and detection of fraud, error reporting mechanisms, accuracy and completeness of the accounting records, and timely preparation of reliable financial disclosures.

13. MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE

COMPANY OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR AND THE DATE OF THIS REPORT

The company increased its Authorised Share Capital the existing from 14,00,00,000/- (Rupees Fourteen Crore only) divided into 1,40,00,000 (One Crore Forty Lakh) Equity Shares of 10/- each to 20,00,00,000/- (Rupees Twenty Crore only) divided into 2,00,00,000 (Two Crore) Equity Shares of

10/- each

14. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION

The policy of the Company on directors appointment and remuneration, including the criteria for determining qualifications, positive attributes, independence of a director and other matters, as required under Companies Act, 2013, is available on our website, at www.faalcon.in.

15. SECRETARIAL STANDARDS

The Company has complied with applicable Secretarial Standards issued by the Institute of Company Secretaries of India during the financial year 2025-26.

16. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE

COMPANIES ACT, 2013

The Company has not provided any loans nor it has provided any guarantees under the provisions of Section 186 of the Companies Act, 2013 during the financial year under review and hence the said provision is not applicable during the financial year 2025-26.

17. PARTICULARS OF CONTRACTS OR ARRANGMENTS MADE WITH RELATED PARTIES UNDER

SECTION 188

Related party transactions that were entered during the financial year 2025-26 were on an arms length basis and were in the ordinary course of business. There were no materially significant related party transactions with the Companys Promoters, Directors, Management or their relatives, which could have had a potential conflict with the interests of the Company. The details of these transactions are part of Notes to Accounts and Form AOC 2 attached to this report as Annexure B.

The Board of Directors of the Company has in place the policy to regulate transactions between the Company and its related parties, in compliance with the applicable provisions of the Companies Act 2013, the Rules thereunder and the Listing Regulations. This policy has been uploaded on the website of the Company at www.faalcon.in.

18. POLICIES

The Company is committed to adhere to the highest standards of ethical, social, moral and legal conduct of business operations. The different types of policies has been uploaded on the website of the Company at www.faalcon.in.

19. DIRECTORS

Board of Directors and Key Managerial Personnel:

NAME	DESIGANTION
Mrs. Ekta Seth	Chairman & Managing Director
Mr. Prithvi Seth	Whole Time Director
Mr. Tribhuvan Seth	Whole Time Director
Mrs. Ruchi Arora	Non-Executive Non-Independent Director
Ms. Renu Kaur	Non-Executive Independent Director
Mr. Ankur Sharma	Non-Executive Independent Director
Mr. Praveen Pathania	Chief Financial Officer
Mr. Vinod Kumar	Company Secretary & Compliance Officer

20. MEETINGS

A. Board Meeting

During the year under review, total 07 (Seven) Board Meetings were convened. The intervening gap between the meetings was within the period prescribed under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time.

Sr. No.	Meeting Dates	Present
1	10.04.2025	06
2	30.05.2025	06
3	07.09.2025	06
4	17.09.2025	06
5	01.11.2025	06
6	14.11.2025	06
7	09.01.2026	06

B. General Meeting

Sr. No. Type of Meeting	Date of meeting	Total Number of Members entitled to attend the meeting	Attendance Number	% of total shareholding
1. Annual	30.09.2025	512	12	72.19
General
Meeting
2 Extraordinary	28.11.2025	501	8	70.49
General
Meeting

Committees of the Board of Directors

In compliance with the requirement of applicable laws and as part of the best governance practice, the Board has constituted various Committees of its members. These Committees hold meetings at such frequencies as is deemed necessary by them to effectively undertake and deliver upon the responsibilities and tasks assigned to them. Minutes of the meetings of each of these Committees are tabled regularly at the Board Meetings.

AUDIT COMMITTEE

The Audit Committee of the Company is constituted in accordance with the provisions of Section 177 of the Companies Act, 2013. The Audit Committee is constituted to monitor and provide effective supervision of the managements financial reporting process, to ensure accurate and timely disclosures, with the highest level of transparency, integrity, and quality of Financial Reporting. During the Financial Year under review 05 (Five) meetings of the Audit Committee were held. Following are the dates on which the said meetings were held: 10^th April 2025 30^th May 2025 05^th September 2025 14^th November, 2025 20^th February 2026

		AUDIT COMMITTEE
Name of Director	Status	Nature of Directorship	No. of Meetings attended during the year
Mrs. Renu Kaur	Chairperson	Independent Director	5
Mr. Ankur	Member	Independent Director	5
Sharma
Mrs. Ekta Seth	Member	Managing Director	5

NOMINATION AND REMUNERATION COMMITTEE

The Nomination and Remuneration Committee of the Board was constituted as per the provisions of Section 178 of the Companies Act, 2013. The Nomination and Remuneration Committee recommends the appointment of Directors and KMPs and their remuneration. The level and structure of appointment and remuneration of all Key Managerial personnel and Senior Management Personnel of the Company, as per the Remuneration Policy, is also overseen by this Committee.

During the Financial Year 2025-26 under review 01 (One) meeting of the Nomination and Remuneration Committee was held. Following is the date on which the said meetings was held:

14^th November, 2025

NOMINATION AND REMUNERATION COMMITTEE				NO. OF ATTENDED YEAR	MEETINGS DURING THE
Mr. Ankur Sharma	Chairperson	Independent Director		1
Ms. Renu Kaur	Member	Independent Director		1
Mrs. Ruchi Arora	Member	Non-Executive	Non-Independent	1
		Director

STAKEHOLDERS RELATIONSHIP COMMITTEE:

The Company has a Stakeholder Relationship Committee of Directors in compliance with provisions of the Companies Act, 2013 to look into the redressal of complaints of investors such as transfer or credit of shares, non-receipt of dividend/notices /annual reports, etc.

During the Financial Year under review meeting of Stakeholders Relationship Committee were held 31^st March, 2026

NOMINATION AND REMUNERATION COMMITTEE		NO. OF	MEETINGS
		ATTENDED	DURING THE
		YEAR
Ms. Renu Kaur Chairperson	Independent Director	1
Mr. Ankur Member	Independent Director	1
Sharma
Mrs. Ruchi Arora Member	Non-Executive Non	1
	Independent Director

21. RETIRES BY ROTATION OF DIRECTORS

In pursuant to the provisions of Section 152 of the Companies Act, 2013, Mrs. Ekta Seth Managing Director would retire by rotation at the 08^th Annual General Meeting of the Company and being eligible for re-appointment. Mrs. Ekta Seth has offered herself for re-appointment.

22. CREDIT RATING OF SECURITIES

The Company has not obtained any credit rating of its securities due to non-applicability.

23. FRAUD REPORTING

There have been no instances of fraud reported by the Statutory Auditors under Section 143(12) of the Act and Rules framed thereunder either to the Company or to the Central Government.

24. GENERAL INFORMATION

There is no major change in the industry to which your company belongs. The overall view of the industry is positive. Your Board feels that the external environment and economic outlook is also encouraging. The Company has not inducted any strategic partner.

25. DEVELOPMENT AND IMPLEMENTATION OF RISK MANAGEMENT POLICY

The company has been addressing various risks impacting the company and the policy of the company on risk management is provided as required under the provisions of Section 134(3) (n) as under: The company has established a risk management policy commensurate with the size and pursuant to the nature of business of the company. The Company is also in the process of skill development of the employees to improve the quality and efficiency. The operational risks of fire and accidents etc are mitigated through insurance cover, safety norms and continued training to employees.

26. DETAILS OF CORPORATE INSOLVENCY RESOLUTION PROCESS INITIATED UNDER THE

INSOLVENCY AND BANKRUPTCY CODE, 2016 (IBC)

No corporate insolvency resolution process is initiated against our Company under Insolvency and Bankruptcy Code, 2016 (IBC) in Financial Year 2025-26.

27. DETAILS OF FAILURE TO IMPLEMENT ANY CORPORATE ACTION

The provisions relating to failure to implement any corporate action are not applicable to the company during the Financial Year 2025-26.

28. KEY INITIATIVES WITH RESPECT TO STAKEHOLDER RELATIONSHIP, CUSTOMER RELATIONSHIP,

ENVIRONMENT, SUSTAINABILITY, HEALTH AND SAFETY

The company has taken all possible effort in respect of Stakeholder relationship, Customer relationship, Environment, Sustainability, Health and Safety during the Financial Year 2025-26.

29. NUMBER OF COMPLAINTS RELATING TO CHILD LABOUR, FORCED LABOUR, INVOLUNTARY

LABOUR

The Company has complied with provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

No cases of child labor, forced labor, involuntary labour and discriminatory employment were reported in the financial year 2025-26 under review.

30. CORPORATE GOVERNANCE

The Company strives to incorporate the appropriate standards for corporate governance. However, pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company is not required to mandatorily comply with the provisions of certain regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and therefore the Company has not provided a separate report on Corporate Governance, although few of the information are provided in this report under relevant heading.

31. STATEMENT SHOWING THE NAMES OF THE TOP TEN EMPLOYEES IN TERMS OF

REMUNERATION DRAWN AND THE NAME OF EVERY EMPLOYEE AS PER RULE 5(2) & (3) OF THE COMPANIES (APPOINTMENT & REMUNERATION) RULES, 2014

Disclosures pertaining to remuneration and other details as required under Section 197(12) of the Act read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is attached as Annexure C which forms part of this report.

32. DISCLOSURES PURSUANT TO SECTION 197 (14) OF THE COMPANIES ACT, 2013

Managing director or whole time director of the company shall not be disqualified from receiving any remuneration or commission from any holding company or subsidiary company of such company during the financial year.

33. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to the requirement under section 134(3)(c) of the Companies Act, 2013 with respect to

Directors Responsibility Statement, it is hereby confirmed that:

(i) in the preparation of the annual accounts for the financial year ended 31^st March, 2026, the applicable accounting standards read with requirement set out under Schedule III of the Companies Act, 2013 had been followed and there is no material departure from the same; (ii) the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company as at March 31, 2026 and of the profit and loss of the company for that period; (iii) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; (iv) the directors had prepared the annual accounts on a going concern basis; and (v) 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.

34. DECLARATION BY INDEPENDENT DIRECTORS

Pursuant to Section 149 (7) of the Companies Act, 2013 ("the Act") read with the Companies

(Appointment and Qualifications of Directors) Rules, 2014, the Company has received declarations from all the Independent Directors of the Company confirming that they meet the criteria of

Independence as prescribed under Section 149 (6) of the Act and have submitted their respective declarations as required under Section 149 (7) of the Act and the Listing Regulations. In terms of Section 150 of the Act read with Rule 6 of Companies (Appointment and Qualification of Directors) Rules, 2014, as amended, Independent Directors of the Company have included their names in the data bank of Independent Directors maintained with the Indian Institute of Corporate Affairs. In the opinion of the Board, the independent directors possess the requisite integrity, experience, expertise and proficiency required under all applicable laws.

35. SEPARATE MEETING OF INDEPENDENT DIRECTOR

The Companys Independent Directors meet at least once in every financial year without the presence of Executive Directors or management personnel to review the performance of non-independent Directors and the Board as a whole, to review the performance of the Chairperson of the company, taking into account the views of executive Directors and non-executive Directors and to assess the quality, quantity and timeliness of flow of information between the company management and the Board that is necessary for the Board to effectively and reasonably perform their duties.

During the year under review, one Meeting of the Independent Directors was held on March 15, 2026 for the Financial Year 2025-26 at the Registered Office of the Company situated at N-75, Ground Floor, Mayfield Garden, Sector-51, Gurgaon-122018, Haryana, India.

36. DETAILED REASON OR REPORT ON REVISION OF FINANCIAL STATEMENTS

There is no revision of financial statement during the year. Hence, it is not applicable to our company.

37. FORMAL ANNUAL EVALUTION OF THE PERFORMANCE OF THE BOARD, ITS COMMITTEES AND

OF INDIVIDUAL DIRECTORS

The Board of Directors has carried out an annual evaluation of its own performance, Board committees and individual directors pursuant to the provisions of the Act and the corporate governance requirements as prescribed by Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations 2015 ("SEBI Listing Regulations").

The performance of the Board was evaluated by the Board after seeking inputs from all the directors on the basis of the criteria such as the board composition and structure, effectiveness of board processes, information and functioning, etc.

The performance of the committees was evaluated by the Board after seeking inputs from the committee members on the basis of the criteria such as the composition of committees, effectiveness of committee meetings, etc.

The Board and the Nomination and Remuneration Committee reviewed the performance of the individual directors on the basis of the criteria such as the contribution of the individual director to the Board and Committee meetings like preparedness on the issues to be discussed, meaningful and constructive contribution and inputs in meetings, etc. In addition, the chairman was also evaluated on the key aspects of his role.

In a separate meeting of independent directors, performance of non-independent directors, performance of the board as a whole and performance of the chairman was evaluated, taking into account the views of executive directors and non-executive directors. The same was discussed in the board meeting that followed the meeting of the independent directors, at which the performance of the board, its committees and individual directors was also discussed. Performance evaluation of independent directors was done by the entire board, excluding the independent director being evaluated.

The Board evaluated the performance of Independent Directors and Individual Directors considering various parameters such as their familiarity with the Companys vision, policies, values, code of conduct, their attendance at Board and Committee Meetings, whether they participate in the meetings constructively by providing inputs and provide suggestions to the Management/Board in areas of domain expertise, whether they seek clarifications by raising appropriate issues on the presentations made by the Management/reports placed before the Board, practice confidentiality, etc. It was observed that the Directors discharged their responsibilities in an effective manner. The Directors possess integrity, expertise and experience in their respective fields.

38. STATUTORY AUDITOR

M/s Sharma Sharma & Co, Chartered Accountants having Firm Regd. No. 009462N, Statutory Auditors of the Company having Firm Registration Number 009462N, appointed as the Statutory Auditors of the Company in the Annual General Meeting ("AGM") held on September 28, 2024, for a period of five years i.e. till the conclusion of the Annual General Meeting ("AGM") to be held in 2029.

39. INTERNAL AUDITOR:

The Company has duly complied with the provisions of Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014, and other applicable provisions of the Act. In line with these requirements, the Board of Directors appointed M/s Ishan Monga & Co. (Proprietorship Firm), Chartered Accountants as the Internal Auditor for the Financial Year 2025-26.

40. AUDITORS REPORT

There is no qualification or observation or adverse remark made by the Auditor in its Report. Moreover, notes on financial statement are self-explanatory and does not call for any further comment. Hence Board of Director is not required to give any comment under section 134(3) (f) of Companies Act 2013.

41. SECRETARIAL AUDIT

Pursuant to the provision of Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board of Directors have appointed M/s Kundan Kumar Mishra & Associates, Company Secretaries for conducting Secretarial Audit of the Company for the year ended 31^st March 2026. Due to sudden demise of Mr. Kundan Kumar Mishra on 30^th May 2026. The Board of Directors and all employees of the Company express their deepest condolences and heartfelt sympathies to the bereaved family. So there was casual vacancy in Secretarial Auditor appointment. In order to fill the casual vacancy so caused and to conduct the Secretarial Audit of the Company for the financial year 2025 - 26, M/s Rishi Sohar & Associates, Practising Company Secretary (Membership No. A54334, COP No. 26984), Peer Review No.: 7714/2026 was appointed as the Secretarial Auditor of the Company.

Secretarial Audit Report issued by M/s Rishi Sohar & Associates, in Form MR-3 (Annexure D) forms part of this report. There is no qualifications, reservations or adverse remarks made by M/s Rishi Sohar & Associates, Secretarial Auditors of the Company in their Audit Report for the year under review.

42. DEPOSITS

The Company has not invited/ accepted any deposits from the public during the year ended March 31, 2026. There were no unclaimed or unpaid deposits as on March 31, 2026.

43. DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE

TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH REASONS THEREOF

During the reporting period, no such valuation has been conducted in the financial year.

44. CORPORATE SOCIAL RESPONSIBILITY

As on 31^st March, 2026, the provisions prescribed under Section 135 of the Companies Act, 2013 in respect of CSR is not applicable to the Company. Hence, the Company has neither made any provision towards CSR nor have constituted the Corporate Social Responsibility (CSR) Committee.

45. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS

AND OUTGO

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, is annexed herewith as "Annexure-A".

46. WEBSITE OF THE COMPANY

Company maintains a website www.faalcon.in where detailed information of the Company and specified details in terms of the Companies Act, 2013 as per Regulation 46 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

47. VIGIL MECHANISM

The Company has established a vigil mechanism, through a Whistle Blower Policy, where Directors and employees can voice their genuine concerns or grievances about any unethical or unacceptable business practice. A whistle-blowing mechanism not only helps the Company in detection of fraud, but is also used as a corporate govemance tool leading to prevention and deterrence of misconduct.

It provides direct excess to the employees of the Company to approach the Compliance Officer or the Chairman of the Audit Committee, where necessary. The Company ensures that genuine Whistle Blowers are accorded complete protection from any kind of unfair treatment or victimization. The Whistle Blower Policy is disclosed on the website of the Company at www.faalcon.in .

48. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION,

PROHIBITION AND REDRESSAL) ACT, 2013.

The Company has zero tolerance towards sexual harassment at the workplace and towards this end, has adopted a policy in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules there under. The Company has complied with provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 which redresses complaints received on sexual harassment. During the financial year 2025-26 under review, the Company has not received any complaints of sexual harassment from any of the women employees of the Company.

49. MATERNITY BENEFIT

The Company affirms that it has duly complied with all provisions of the Maternity Benefit Act, 1961, and has extended all statutory benefits to eligible women employees during the year.

50. ANNUAL RETURN

The Annual Return required under section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and Administration) Rules, 2014 is applicable to the company as the company have website. The web link of such annual return is on www.faalcon.in.

51. RELATED PARTY TRANSACTIONS

For financial year 2025-26, particulars of contracts or arrangements with related parties referred to in sub-section (1) of section 188 in the form AOC-2 is annexed herewith as "Annexure-B".

52. PREVENTION OF INSIDER TRADING

The Company has a Code of Conduct for Prevention of Insider Trading with a view to regulate trading in securities by the Directors and certain designated employees of the Company. The Code requires preclearance for dealing in the Companys shares and prohibits the purchase or sale of

Company shares by the Directors and 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. The Board is responsible for implementation of the Code. All Board Directors and the designated employees have confirmed compliance with the Code.

53. CODE OF CONDUCT

Commitment to ethical professional conduct is a must for every employee, including Board Members and Senior Management Personnel of the Company. The Code is intended to serve as a basis for ethical decision making in conduct of professional work. The Code of Conduct enjoins that each individual in the organization must know and respect existing laws, accept and provide appropriate professional views, and be upright in his/her conduct and observe corporate discipline.

The duties of Directors including duties as an Independent Director as laid down in the Companies Act, 2013 also forms part of the Code of Conduct. All Board Members and Senior Management Personnel affirm compliance with the Code of Conduct annually

54. EQUITY SHARES IN THE SUSPENSE ACCOUNT

In accordance with the requirements of the Listing Regulations there are no equity shares in the suspense account.

55. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

In terms of Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a review of the performance of the Company for the year under review, Management Discussion and Analysis Report, highlighting the important aspects of the business of the Company is presented in a separate section forming part of this Annual Report as Annexure - E.

56. MAINTENANCE OF COST RECORD

The cost record is not applicable on the company during the financial year 2025-26.

57. HUMAN RESOURCES

The Management has a healthy relationship with the officers and the Employees of the company during the financial year 2025-26.

58. ACKNOWLEDGMENTS

Your Directors take this opportunity to place on record their appreciation and sincere gratitude to the Government of India, Government of Haryana, Government of Uttar Pradesh and the Bankers to the Company for their valuable support and look forward to their continued co-operation in the years to come.

Your Directors acknowledge the support and co-operation received from the employees and all those who have helped in the day to day management.