Goenka Business & Finance Ltd Directors Report

To,

The Members

Goenka Business & Finance Limited

The Directors have pleasure in presenting before you the 38th Annual Report on the business and operations of the Company along with the Audited Financial Statement for the financial year ended 31st March, 2025.

Financial Performance:

(in Lakhs)

Particulars	31/03/2025	31/03/2024
Revenue from Operation	7502.71	8596.07
Other Income	308.30	0.00
Less: Expenditure	7811.01	7137.12
Profit/(Loss) before, Interest, Depreciation & Tax	1641.63	1458.95
Less: Interest	1690.31	1118.29
Less: Depreciation & Amortisation Cost	2.05	1.89
Less: Extra Ordinary Items	-	-
Profit/Loss Before Tax	(50.73)	338.77
Less Tax Expense:
• Current Tax	7.90	59.57
• Deferred Tax	(0.25)	59.94
Add: Other Comprehensive Income	24.91	13.64
Net Profit/ Loss after Tax	(33.47)	232.90

Operational performance of the company

For the financial year ended 31st March 2025, the Company reported Revenue from Operations of ^7,502.71 lakhs, down 12.70% from the previous year due to market conditions and strategic realignment. Other Income stood at ^308.30 lakhs, with total expenditure rising to ^7,811.01 lakhs. PBIDT improved by 12.51% to ^1,641.63 lakhs, reflecting operational efficiency. However, higher finance costs of ^1,690.31 lakhs and depreciation of ^2.05 lakhs led to a Loss before Tax of ^50.73 lakhs. After tax and other comprehensive income adjustments, the Net Loss stood at ^33.47 lakhs. The Company remains focused on efficiency, cost control, and long-term growth.

Annual Return

In accordance with the provisions of Section 92(3) of the Companies Act, 2013, the Annual Return of the Company for the financial year 2024-25 has been placed on the Companys website at the following address:

www.goenkabusinessfinancelimited.in

Change in Nature of Business

There has been no change in the nature of the Business and operations of the Company during the year under review.

Dividend

In view of the Companys plans for future business expansion and to conserve resources, the Board of Directors has not recommended any dividend for the financial year 2024-25.

Transfer to Reserves

In accordance with Section 45-IC(1) of the Reserve Bank of India Act, 1934, no amount has been transferred to the Statutory Reserve for the financial year 2024-25, as the Company has incurred a loss during the year.

Share Capital

As on 31st March, 2025, the authorised share capital of the Company stood at ^13,30,00,000, and the issued, subscribed, and paid-up equity share capital stood at ^13,00,01,000. During the financial year under review, there was no alteration in the share capital structure of the Company.

Deposits

Pursuant to the provisions of Section 73 to 76 of the Companies Act, 2013 read with the Companies (Acceptance of Deposits) Rules, 2014, the Company, being a Non-Banking Financial Company registered with the Reserve Bank of India and classified as a nondeposit taking NBFC, has neither accepted nor renewed any deposits from the public during the financial year under review. Accordingly, the provisions relating to acceptance of deposits under the aforesaid sections and rules are not applicable to the Company.

Material Changes and Commitments Affecting the Financial Position of the Company

There have been no material changes and commitments, occurring after the end of the financial year on 31st March, 2025 and till the date of this

Report, which would have a material impact on the financial position of the Company.

Subsidiaries, Associates, and Joint Venture Companies

During the financial year under review, the Company does not have any subsidiary, associate, or joint venture company within the meaning of the Companies Act, 2013.

Directors and Key Managerial Personnel

The composition of the Board of Directors is in accordance with the provisions of Section 149 of the Companies Act, 2013 and Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), comprising an appropriate mix of Executive and Non-Executive Directors, including one Woman Independent Director.

As on 31st March, 2025, the Board comprised two Executive Directors, one Non-Executive Independent Woman Director, and two other Independent Directors.

I. Appointments / Re-appointments:

During the financial year under review, there were no new appointments of Directors.

II. Resignations:

There were no resignations of Directors during the financial year.

III. Director Retiring by Rotation:

In accordance with the provisions of Section 152 of the Companies Act, 2013 and the Articles of Association of the Company, Mr. Bhavikkumar Shankarlal Prajapati (DIN: 08480627), Executive Director, is liable to retire by rotation at the ensuing Annual General Meeting and being eligible, has offered himself for re-appointment. The Board recommends his re-appointment for the approval of shareholders. Brief details of the Director proposed to be re-appointed are provided in the Notice convening the Annual General Meeting in accordance with Regulation 36 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Declaration by Independent Directors

Pursuant to Section 149(7) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, all Independent Directors have submitted declarations confirming that they meet the criteria of independence as prescribed under the Act and the Listing Regulations.

In the opinion of the Board, the Independent Directors fulfill the conditions for independence and are independent of the management. Further, as per Section 149(13) of the Act, Independent Directors are not liable to retire by rotation.

The policy on familiarization programmes for Independent Directors is available on the Companys website at: www.goenkabusinessfinancelimited.in.

Key Managerial Personnel

In accordance with Section 2(51) and Section 203 of the Companies Act, 2013 read with applicable Rules, the following are the Key Managerial Personnel (KMP) of the Company as on the date of this Report:

Mr. Bhavikkumar Prajapati - Chief Financial Officer Mr. Yasin Gori - Whole-Time Director Mr. Dharmik Ripinbhai Solanki - Company Secretary (appointed w.e.f. 2nd September, 2024)

Change in Key Managerial Personnel:

During the financial year under review, the following changes occurred in the Key Managerial Personnel of the Company pursuant to the provisions of Section 2(51) and Section 203 of the Companies Act, 2013 read with the applicable rules:

• Ms. Pooja Hemang Khakhi (ACS: 36184) resigned from the position of Company Secretary & Compliance Officer and ceased to be a Key Managerial Personnel with effect from 11th April, 2024.

• The Board appointed Mr. Maunishkumar Gandhi as the Company Secretary & Compliance Officer of the Company with effect from 5th July, 2024. He resigned from the said position with effect from 31st August, 2024.

• Subsequently, Mr. Dharmik Ripinbhai Solanki was appointed as the Company Secretary & Compliance Officer of the Company with effect from 2nd September, 2024, and is designated as a Key Managerial Personnel under Section 203 of the Companies Act, 2013.

These changes have been duly noted and taken on record by the Board.

Directors Disqualification and Fit & Proper Criteria

The Company has received declarations from all Directors under Section 164(2) of the Companies Act, 2013 confirming that they are not disqualified from being appointed or continuing as Directors. The Board has taken the same on record.

Further, a certificate from a Practicing Company Secretary confirming that none of the Directors are disqualified from being appointed or continuing as Directors of the Company has been obtained and is annexed to this Report as Annexure-VII.

Policy on Appointment and Remuneration of Directors

The Company has formulated a Nomination and Remuneration Policy in accordance with the provisions of Section 178 of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Policy lays down the criteria for selection, appointment, and remuneration of Directors and Key Managerial Personnel, including the evaluation framework for their performance.

The said policy is available on the Companys website at: www.goenkabusinessfinancelimited.in.

Performance Evaluation of the Board and Directors

Pursuant to the provisions of Section 134(3)(p) of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has carried out the annual evaluation of its own performance, its Committees, and individual Directors.

The evaluation was conducted through a structured questionnaire covering various aspects such as Board composition and structure, effectiveness of meetings, decision-making processes, and performance of individual Directors. The performance of the Chairman and Non-Independent Directors was evaluated by the Independent Directors, while the performance of the Board as a whole was reviewed by the Board.

The Nomination and Remuneration Committee also reviewed the performance of individual Directors based on parameters including level of preparedness, participation in meetings, and meaningful contributions.

Familiarization Program for Directors

The Company conducts structured orientation and familiarization programmes for its Directors, including Independent Directors, to enable them to understand their roles, rights, responsibilities, and the Companys operations and business environment.

The details of the familiarization programme are available on the Companys website at:

www.goenkabusinessfinancelimited.in

Directors Responsibility Statement

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors hereby confirms that:

I. In the preparation of the Annual Accounts, the applicable Accounting Standards have been followed along with proper explanation relating to material departures;

II. The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit of the Company for the year under review;

III. The Directors have taken proper & sufficient care of 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 prevention & detecting fraud & other irregularities;

IV. The Directors have prepared the accounts for the year ended 31st March, 2025 on a going concern basis.

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

VI. The directors had devised proper system to ensure compliance with the provision of all applicable laws and that such systems were adequate and operating effectively.

Meetings of the Board and its Committees

a. Board Meetings:

During the financial year 2024-25, the Board of Directors met six (6) times. The meetings were held on the following dates: 29.05.2024, 05.07.2024, 14.08.2024, 02.09.2024, 29.10.2024, and 12.02.2025

The gap between two consecutive meetings did not exceed 120 days, as prescribed under the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details regarding the attendance of Directors at the Board meetings are provided in the Corporate Governance Report, which forms part of this Annual Report.

b. Committees of the Board

The Company has constituted the following Committees of the Board in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

I. Audit Committee

II. Nomination and Remuneration Committee

III. Stakeholders Relationship Committee

I. Audit Committee:

As on 31st March, 2025, the Audit Committee comprised the following members:

• Mr. Nigamkumar Sathavara - Chairman (Independent Director)

• Mr. Yasin Gori - Member (Executive Director)

• Ms. Charmi Parikh - Member (Independent Director)

The Committee met at regular intervals to review financial reporting and internal control systems. During the financial year, the Audit Committee met four (4) times. The Board accepted all the recommendations made by the Committee during the year.

II. Nomination and Remuneration Committee:

As on 31st March, 2025, the Nomination and Remuneration Committee comprised:

• Ms. Charmi Parikh - Chairperson

(Independent Director)

• Mr. Nigamkumar Sathavara - Member (Independent Director)

• Mr. Yasin Gori - Member (Executive Director)

The Committee met three (3) times during the financial year under review to evaluate and recommend appointments, reappointments, and performance evaluation frameworks.

III. Stakeholders Relationship Committee:

As on 31st March, 2025, the Stakeholders Relationship Committee comprised:

• Mr. Nigamkumar Sathavara - Chairman (Independent Director)

• Mr. Yasin Gori - Member (Executive Director)

• Ms. Charmi Parikh - Member (Independent Director)

The Committee met two (2) times during the financial year to consider and resolve stakeholder grievances.

c. Meeting of Independent Directors:

In accordance with the provisions of Schedule IV of the Companies Act, 2013 and Regulation 25(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a separate meeting of Independent Directors was held on 24th March, 2025, without the presence of Non-Independent Directors and members of management. The Independent Directors reviewed the performance of the Board, its Committees, the Chairman, and Non-Independent Directors.

Shareholders Meeting

During the financial year under review, one Shareholders Meeting, i.e., the Annual General Meeting (AGM), was held on 27th September, 2024 at 04:00 P.M. IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with applicable provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs.

The proceedings of the meeting were conducted in a manner that ensured compliance with statutory requirements while enabling effective shareholder participation.

Particulars of Loans, Guarantees and Investments

During the year under review, the Company has, in the ordinary course of its business, provided loans and made investments in accordance with its principal business activities.

The Company is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and is engaged in the business of providing loans and making investments as part of its ordinary course of business.

In view of the same, and in terms of the exemption granted under Section 186(11)(d) of the Companies Act, 2013, the provisions of Section 186(2) to 186(4) relating to disclosure of particulars of loans given, guarantees provided, and investments made are not applicable to the Company.

Vigil Mechanism

Pursuant to the provisions of Section 177(9) and 177(10) of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has established a Vigil Mechanism through the implementation of a Whistle Blower Policy.

The Vigil Mechanism provides a secure and confidential platform for the Directors and employees of the Company to report genuine concerns regarding unethical behaviour, actual or suspected fraud, or violation of the Companys Code of Conduct and Ethics Policy. The policy ensures adequate safeguards against victimization of individuals who avail of the mechanism and provides for direct access to the Chairperson of the Audit Committee.

The amended/updated Whistle Blower Policy is available on the Companys website at: www.goenkabusinessfinancelimited.in

During the financial year under review, no complaints were received under the Vigil Mechanism.

Internal Financial Controls and Audit

The Company has established a comprehensive framework of Internal Financial Controls (IFC) to ensure the orderly and efficient conduct of its business, including adherence to internal policies, safeguarding of assets, prevention and detection of frauds and errors, accuracy and completeness of accounting records, and timely preparation of reliable financial statements and disclosures.

These controls are aligned with the requirements of the Companies Act, 2013 and are designed to operate effectively at all levels of the organization. The Company has implemented structured policies and standard operating procedures that define authority limits, operational workflows, and accountability mechanisms to support effective decision-making and risk management.

The Board of Directors periodically evaluates the adequacy and effectiveness of the internal control systems and ensures that appropriate corrective actions are taken, wherever necessary. The Company also conducts regular assessments to strengthen controls and improve processes in line with evolving business needs and regulatory requirements.

Based on the framework of internal financial controls and compliance systems established and maintained by the Company, the Board is of the opinion that the internal financial controls are adequate and operating effectively throughout the financial year.

Risk Management Policy

The Company has adopted a comprehensive Risk Management Policy to identify, assess, monitor, and mitigate various risks associated with its operations. The risk management framework is designed to proactively recognize internal and external risks, evaluate their potential impact, and implement appropriate mitigation strategies to safeguard the interests of stakeholders.

The Company has laid down structured procedures for the assessment and minimization of probable risks, which are periodically reviewed by the management and overseen by the Board. This approach ensures that key risks are identified in a timely manner and managed effectively through well-defined processes, controls, and contingency plans.

The Risk Management Policy covers, inter alia, operational risk, financial risk, market risk, credit risk, legal and compliance risk, and reputational risk. The Company continues to enhance its risk management practices in alignment with evolving business complexities and regulatory expectations.

Compliance Management

The Company has complied with all applicable provisions of the Companies Act, 2013, including rules made thereunder, as well as various applicable regulations prescribed by the Securities and Exchange Board of India (SEBI) such as the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other circulars and guidelines issued from time to time. As a registered Non-Banking Financial Company (NBFC), the Company also adheres to the regulatory framework and directions issued by the Reserve Bank of India (RBI), including the Master Direction - Non-Banking Financial Company - Non- Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016, and subsequent Master Circulars and notifications applicable to NBFCs. The Company has established an internal compliance framework to monitor and ensure adherence to all statutory, regulatory, and governance requirements, and confirms that it has complied with all applicable legal provisions during the financial year under review.

Corporate Governance

The Company is committed to maintaining the highest standards of corporate governance and has adopted a set of best governance practices to ensure transparency, accountability, and integrity in all its operations and stakeholder interactions.

Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015"), a detailed Corporate Governance Report forms part of this Annual Report and is annexed hereto as Annexure - III.

In accordance with Para C and Para E of Schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has obtained the following certificates from M/s. Aanal Satyawadi & Co. , Company Secretaries:

• Certificate of Non-Disqualification of Directors, annexed as Annexure - VIII; and

• Certificate on Corporate Governance, Annexure - IV

Management Discussion and Analysis Report

In accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the applicable provisions of the Master Direction issued by the Reserve Bank of India for NonBanking Financial Companies, the Management Discussion and Analysis Report forms an integral part of the Annual Report. This report provides a detailed overview of the business performance, industry outlook, opportunities, risks, and other key aspects of the Companys operations. The said report is annexed to this Report and marked as Annexure - I.

Auditors

a. Statutory Auditors

Pursuant to the recommendation of the Audit Committee and the Board of Directors, the Members of the Company at the 34th Annual General Meeting held on 30th September, 2021, appointed M/s. MAAK & Associates, Chartered Accountants (ICAI Firm Registration No.: 013811N), as the Statutory Auditors of the Company for a term of five consecutive years, from the conclusion of the 34th AGM until the conclusion of the 39th Annual General Meeting, to be held in the year 2026. The Members also approved the remuneration payable to the Statutory Auditors and authorised the Board to finalise the terms and conditions of their appointment, including remuneration, based on the recommendation of the Audit Committee.

During the year, the Statutory Auditors have provided a confirmation that they continue to satisfy the independence criteria as prescribed under the Companies Act, 2013 and the Code of Ethics issued by the Institute of Chartered Accountants of India (ICAI), and are not disqualified in terms of Regulation 33(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations").

Explanation to Auditors Remarks

The Statutory Auditors Report on the financial statements for the financial year ended March 31, 2025, is self-explanatory and does not contain any qualifications, reservations, or adverse remarks requiring further explanation or clarification by the Board.

Reporting of Frauds by Auditors

During the year under review, there have been no instances of fraud reported by the Statutory Auditors under Section 143(12) of the Companies Act, 2013.

b. Secretarial Auditor

In terms of the provisions of Section 204 of the Companies Act, 2013 and Regulation 24A of the SEBI LODR Regulations, the Company has appointed M/s. Aanal Satyawadi & Co., Practicing Company Secretary, to conduct the Secretarial Audit of the Company for the financial year ended March 31, 2025.

The Secretarial Audit Report, in Form MR-3, is annexed to this Report and marked as Annexure - VI. The Report does not contain any qualifications, reservations, or adverse remarks, and reflects the Companys strong compliance culture and governance framework.

c. Cost Records and Cost Audit

As per the provisions of Section 148 of the Companies Act, 2013, read with the Companies (Cost Records and Audit) Rules, 2014, the maintenance of cost records and the appointment of cost auditors is not applicable to the Company for the financial year under review, since the Company does not fall within the prescribed thresholds.

d. Internal Auditor

In accordance with the provisions of Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014, the Board of Directors has appointed M/s. Harsh Prajapati & Co., Chartered Accountants (Firm Registration No. 157458W) as the Internal Auditor of the Company for the financial year 2024-25. The Internal Auditor reports to the Audit Committee and assists in monitoring the effectiveness of the internal control systems, risk management, and governance processes in the Company, as part of the overall internal financial controls framework.

Particulars of Employees and Related Disclosures:

Pursuant to the provisions of Section 197(12) of the Companies Act, 2013 read with Rules 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, it is hereby confirmed that during the financial year under review, no employee of the Company was in receipt of remuneration requiring disclosure under the said provisions, including any employee in receipt of remuneration in excess of that drawn by the Managing Director or Whole-Time Director and holding, either individually or along with their spouse and dependent children, not less than the prescribed percentage of equity shares in the Company. hence, the provisions relating to disclosure of particulars of employees are not applicable.

Listing with Stock Exchanges

The Company confirms that it has duly paid the Annual Listing Fees for the financial year 2024-2025 to the BSE Limited (Bombay Stock Exchange) and the Metropolitan Stock Exchange of India Limited (MSEI), where the equity shares of the Company are listed.

Disclosure under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

The Company has adopted an Anti-Sexual Harassment Policy in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The policy is applicable to all employees of the Company, across all locations.

Status of complaints received during the year:

Number of complaints received: Nil Number of complaints disposed of: Nil

Industry-Based Disclosures

As a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI), the Company has complied with all applicable provisions and guidelines prescribed under the Reserve Bank of India Act, 1934 and the relevant Master Directions/Circulars issued by the RBI during the financial year under review.

Related Party Transactions

All transactions entered into by the Company with related parties during the financial year were in the ordinary course of business and on an arms length basis, and were reviewed and approved by the Audit Committee in accordance with the applicable laws and the Companys policy on related party transactions. There were no material related party transactions during the year as defined under the Companys policy on materiality of related party transactions.

The required disclosure under Section 134(3)(h) of the Companies Act, 2013 in the prescribed Form AOC-2 is attached as Annexure - II to this Report.

The policy on materiality and dealing with related party transactions is available on the Companys website at: www.goenkabusinessfinancelimited.in

Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and Outgo

Pursuant to Rule 8(3) of the Companies (Accounts) Rules, 2014, the required disclosures are as follows:

A. Conservation of Energy:

The operations of the Company are not energyintensive. However, the Company has taken adequate measures to conserve energy by using energy-efficient equipment and promoting responsible energy consumption practices.

B. Technology Absorption:

Research and Development (R&D): Not applicable Technology Absorption, Adaptation and Innovation: Not applicable

C. Foreign Exchange Earnings and Outgo:

Foreign Exchange Earnings: Nil Foreign Exchange Outgo: Nil

Disclosure of Frauds under Section 143 of the Companies Act, 2013

During the financial year under review, the Board of Directors confirms that no frauds were reported or observed in the Company which would fall under the purview of Section 143(12) of the Companies Act, 2013.

Corporate Social Responsibility (CSR)

The provisions of Section 135 of the Companies Act, 2013 relating to Corporate Social Responsibility are not applicable to the Company during the year under review. Accordingly, no CSR policy or initiatives have been undertaken by the Company.

Significant and Material Orders Passed by Regulators or Courts

There were no significant or material orders passed by the Regulators, Courts, or Tribunals during the year under review that would impact the going concern status or future operations of the Company.

Compliance with Secretarial Standards

The Company has duly complied with the applicable provisions of the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI), namely:

• SS-1: Secretarial Standard on Meetings of the

Board of Directors; and

• SS-2: Secretarial Standard on General

Meetings.

Details of Applications Made or Proceedings Pending under the Insolvency and Bankruptcy Code, 2016

There were no applications made or proceedings pending against the Company under the provisions of the Insolvency and Bankruptcy Code, 2016, during the financial year under review.

Details of Valuation for One-Time Settlement

During the financial year under review, the Company has not entered into any one-time settlement with banks or financial institutions. Accordingly, the requirement of providing details of valuation at the time of such settlement does not arise.

Acknowledgements

The Board of Directors places on record its sincere appreciation for the continued support and cooperation received from shareholders, investors, regulatory authorities, bankers, and other stakeholders. The Board also acknowledges the contributions made by employees at all levels for their dedication, commitment, and professionalism, which has enabled the Company to achieve consistent growth and performance

For and on behalf of the Board of Directors of GOENKA BUSINESS FINANCE LIMITED
Yasin Gori	Bhavikkumar S Prajapati
Whole Time Direcor	Director
DIN:08221979	DIN:08480627
Place: Ahmedabad
Date: 28.08.2025