Tusaldah Limited Directors Report

To,

The Members

The Board of Directors ("the Board”) are pleased to present the 32^nd Annual Report of Tusaldah Limited (formerly known as High Street Filatex Limited) ("the Company”) together with Audited Financial Statements of the Company for the Financial Year ("FY”) ended March 31,2026.

01. FINANCIAL HIGHLIGHTS:

[Rs. In Hundreds]

Particulars	FY 2025-26	FY 2024-25
Net Sales/ Income from Operation	3,02,109.50	4,16,793.00
Other Income	1,055.69	7,197.33
Total Income	3,03,165.19	4,23,990.33
Profit before interest, Depreciation & Tax	(56,265.11)	(10,193.90)
Less Interest (Financial Cost)	1,022.72	0
Depreciation	5,336.18	200
Profit/Loss Before Exceptional Item &Tax Exp.	(62,624.01)	(10,393.90)
Add/Less Exceptional Items	0	0
Profit/Loss Before Tax	(62,624.01)	(10,393.90)
Less Previous years Adjustments	0	0
Provision for Current & Deferred	(179.30)	0
Net Profit/Loss after tax	(62,444.71)	(10,393.90)
Total Comprehensive Income/loss	0	0
Total	(62,444.71)	(10,393.90)
Add: Balance carried from Profit & Loss A/c	0	0
Less: Provision for earlier year taxation	0	0
Net Profit/Loss after tax and adjustments	(62,444.71)	(10,393.90)
Transferred to general Reserve	0	0
Balance carried to the balance sheet	(62,444.71)	(10,393.90)
EPS (Basic & Diluted)	(2.66)	(1.56)

Your directors have decided not to declare any dividend for the financial year 2025-26. This is mainly due loss

incurred during the year under review.

03. TRANSFER TO RESERVES

No amount is proposed to be transferred to general reserves for the financial year ended on March 2026. The entire amount of profit of FY 2025-26 has been retained under retain earnings and not transferred to General reserve.

04. CHANGE IN THE NATURE OF BUSINESS, IF ANY:

There has been no change in the nature of business of the Company during the financial year ended 31.03.2026.

05. MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY BETWEEN BALANCE SHEET DATE AND DATE OF BOARDS REPORT:

In terms of Section 134(3)(l) of the Companies Act, 2013, there have not been any material changes and commitments affecting the financial position of the Company which have occurred during the financial year ended on 31^st March 2026 and between the end of the financial year and the date of this Report.

06. STATE OF COMPANYS AFFAIRS AND REVIEW OF BUSINESS OPERATIONS & FUTURE PROSPECTS:

During the year under review, the revenue from operations has decreased from Rs. 4,16,793.00 hundreds in FY 2024-25 to 3,02,109.50 hundreds in FY 2025-26. Profit before interest, tax, depreciation, and amortization (‘EBITDA) decreased from Rs. (10,393.90) Hundreds in FY 2024-25 to Rs. (62,624.01) Hundreds in FY 2025-26. Profit after tax from Operations decreased from Rs. (10,393.90) Hundreds in FY 2024-25 to Rs. (62,444.71) Hundreds in FY 2025-26. Earnings per share have also decreased from Rs. (1.56) per share in the FY 2024-25 to Rs. (2.66) per share in FY 2025-26.

07. SHARE CAPITAL AND CHANGE THEREIN Authorised Share Capital

During the Financial year under review, there has been no change in Authorised Share Capital of the Company. The Authorised Share Capital of the Company is Rs. 8,50,00,000 divided into 85,00,000 (Eighty Five Lakhs) Equity Shares of Rs. 10/- (Rupee Ten only) each.

Issued, Subscribed and Paid-Up Share Capital Equity Share Capital

During the Financial year under review, there has been no change in Paid-up Share Capital of the Company. The issued, subscribed and paid-up Equity Share Capital of the Company is Rs. 2,34,34,300 consisting of 23,43,430 Equity Shares of Rs. 10/- each.

Preference Share Capital

Your Company has not issued any Preference Shares during the year under review.

Buy Back of Securities

Your Company has not bought back any of its securities during the year under review.

Sweat Equity

Your Company has not issued any Sweat Equity Shares during the year under review.

Bonus Shares

Your Company has not issued any Bonus Shares during the year under review.

Employee Stock Option Plan

Your Company has not provided any Stock Option Scheme to the employees.

08. DIRECTORS, KEY MANAGERIAL PERSONNEL AND SENIOR MANAGEMENT AND CHANGE THEREIN

During the year under review, there were changes in the composition of the board of directors and KMP of the company.

At the end of the vear. following are the directors of the company

Sr. No.	Name of Directors	Designation	Date of Appointment
1	Madhura Alok Singh	Additional Director	03/11/2025
2	Manish Jhanwar	Independent Director	13/08/2025
3	Anupriya Sandeep Agrawal	Whole-time Director	26/06/2025

Pursuant to the provisions of Sections 2(51) and 203 of the Act read with Rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the following persons were acting as Key Managerial Personnel of the Company as on 31^st March, 2026:

i. Mr. Vipin Bihari Chaturvedi: CFO

ii. Mr. Sandeep Jagdishprasad Agrawal: CEO

iii. Mr. Gazal Inani: Company Secretary cum Compliance Officer

There were following changes in the composition of the Board of Directors:

Sr. No. Name	Designation	Type of Change	Date of Appointment/ Resignation
1. Anupriya Sandeep Agrawal	Additional Director	Appointment	26/06/2025
2. Charan Singh	Director	Resignation	19/06/2025
3. Sunil Kumar Bairwa	Director	Resignation	19/06/2025
4. Dharmesh Saraiya	Director	Resignation	16/06/2025
5. Manish Jhanwar	Additional Director	Appointment	13/08/2025
6. Aishwarya Sethia	Director	Resignation	13/08/2025
7. Madhura Alok Singh	Additional Director	Appointment	03/11/2025
8. Bhagwan Singh	Whole-Time Director	Resignation	03/11/2025

Based on the confirmation received from the Directors, neither of these Directors are disqualified under Section 164(2) of the Act.

09. INDEPENDENT DIRECTORS

Your Company has received declarations from all the Independent Directors confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Act read with sub rule (1) and sub rule (2) of Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014 and Regulation 16(1)(b) of the SEBI Listing Regulations and they are independent of the management and they have complied with the code for Independent prescribed in Schedule IV of the Act.

The Board is of the opinion that the all Directors including the Independent Directors of the Company possess requisite qualifications, experience and expertise in their relative fields and that they hold highest standards of integrity.

The Independent Directors of the Company have confirmed that they have enrolled themselves in the Independent Directors Databank maintained with the Indian Institute of Corporate Affairs ("IICA”) in terms of Section 150 of the Act read with Rule 6 of the Companies (Appointment & Qualification of Directors) Rules, 2014 and registration has been valid as on date of this report.

10. OPINION OF THE BOARD WITH REGARD TO INTEGRITY, EXPERTISE AND EXPERIENCE (INCLUDING PROFICIENCY) OF THE INDEPENDENT DIRECTORS:

The Board is of the opinion that the Independent Directors of the Company are professionally qualified and well experienced in their respective domains and meet the criteria regarding integrity, expertise, experience and proficiency. Their qualifications, specialized domain knowledge, strategic thinking, decision making and vast experience in varied fields has immensely contributed in strengthening the Companys processes to align the same with good industry practices.

11. FAMILIARISATION PROGRAMME FOR INDEPENDNET DIRECTOR:

In compliance with the requirements of Regulation 25(7) of the SEBI Listing Regulations, the Company has put in place a Familiarisation Programs for the Independent Directors to familiarise them with the Company, their roles, rights, responsibilities in the Company, nature of the industry in which the Company operates, business model etc. The details of the Familiarisation Programme imparted to Independent Directors are also available on the Companys official website at https://tusaldah.ltd/wp-content/uploads/2026/05/Details-of

Familiarization-Programs-for-Independent-Directors.pdf

12. FORMAL ANNUAL EVALUATION

Pursuant to the provisions of Section 134(3)(p) of the Act and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has carried out an annual performance evaluation of its own, the Chairperson, Boards Committees, as well as, Directors individually including performance of Independent Directors, after seeking inputs from all the Directors/Committee members and finds it satisfactory. The manner in which the evaluation has been carried out has been explained in the Corporate Governance Report.

Your Company has also received declaration from all the Directors and senior management personnel on compliance of Code of Conduct as, formulated by the Company.

13. BOARD AND COMMITTEE MEETINGS

During the Financial Year 2025-26 under review, 08 (Eight) meetings of the Board of Directors were held in accordance with the provisions of the Companies Act, 2013 read with rules made there under and the applicable secretarial standards. The details of the Board Meetings with regard to their dates and attendance of each of the Directors thereat have been provided below

Sr.No Date of Board Meeting	No of Directors entitled to attend the meeting	No of Directors attended the meeting
1. 07/04/2025	05	05
2. 24/05/2025	05	05
3. 26/06/2025	05	05
4. 13/08/2025	03	03
5. 03/11/2025	03	03
6. 14/11/2025	03	03
7. 12/02/2026	03	03
8. 09/03/2026	03	03

Details of Committee Meetings of Board of Directors

The Company has duly constituted the following mandatory Committees in terms of the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time viz.

a. Audit Committee;

b. Nomination and Remuneration Committee;

c. Stakeholders Relationship Committee and

The Composition of all such Committees, number of meetings held during the year under review, attendance of each of the members at such meetings have been provided below.

Audit Committee

Composition

Sr.No Name of Member	Position	Designation
1. Manish Jhanwar	Chairperson	Non-Executive, Independent Director
2. Madhura Alok Singh	Member	Non-Executive, Independent Director
3. Anupriya Sandeep Agrawal	Member	Whole time Director

Meeting held during the year

Sr.No Date of Audit Meeting	No of Members entitled to attend the meeting	No of Members attended the meeting
1. 24/05/2025	03	03
2. 26/06/2025	03	03
3. 13/08/2025	03	03
4. 14/11/2025	03	03
5. 12/02/2026	03	03

Further as per Section 177(8) of the Act, as amended from time to time, there have been no instances during the year where recommendations of the Audit Committee were not accepted by the Board of Directors.

Nomination and Remuneration Committee Composition

Sr.No Name of Member	Position in the Committee	Designation
1. Madhura Alok Singh	Chairperson	Non-Executive, Director Independent
2. Manish Jhanwar	Member	Non-Executive, Director Independent
3. Anupriya Sandeep Agrawal	Member	Whole time Director

Meeting held during the year

Sr.No Date of Meeting	No of Members entitled to attend the meeting	No of Members attended the meeting
1. 26/06/2025	03	03
2. 13/08/2025	03	03
3. 03/11/2025	03	03
4. 12/02/2025	03	03
5. 03/03/2026	03	03

There have been no instances during the year where recommendations of the Nomination and Remuneration Committee were not accepted by the Board of Directors.

Stakeholders Relationship Committee

Sr.No Name of Member	Position in the Committee	Designation
1. Madhura Alok Singh	Chairperson	Non-Executive, Independent Director
2. Manish Jhanwar	Member	Non-Executive, Independent Director
3. Anupriya Sandeep Agrawal	Member	Whole time Director

Meeting held during the year

Sr.No Date of Meeting	No of Members entitled to attend the meeting	No of Members attended the meeting
1. 12/02/2026	03	03

There have been no instances during the year where recommendations of the Stakeholders Relationship Committee were not accepted by the Board of Directors.

14. SEPARATE MEETING OF INDEPENDENT DIRECTORS

During the year under review, two Separate meeting of Independent Directors were held on 7^th April, 2025 and 12^th February,2026. All the Independent Directors were present in the both meetings.

15. LISTING ON STOCK EXCHANGES

The Equity Shares of the Company continue to remain listed on BSE Limited ("BSE”). The annual listing fees for the 2026-27 has been paid.

16. DIRECTORS RESPONSIBILITY STATEMENT

In accordance with the provisions of Section 134(3)(C) of the Companies Act, 2013, in relation to financial statements of the Company for the year ended 31^st March, 2026 the Board hereby submits its Responsibility Statements that: -

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

b) 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 at the end of the financial year and of the loss of the Company for that period;

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

d) The directors had prepared the annual accounts on a going concern basis;

e) 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.

f) Internal financial controls (as required by explanation to section 134(5)(e) of the Act) is being followed by the Company and that such internal financial controls are adequate and were operating effectively;

17. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186 OF THE COMPANIES ACT 2013

During the year under review, the Company has not given any loans or guarantee or provided security in connection with a loan nor it has acquired by way of subscription, purchase or otherwise the securities of any other body corporate.

18. INDUSTRIAL RELATIONS

During the year under review, the Industrial Relations remained cordial. Your Company is committed to uphold its excellent reputation in the field of Industrial relations.

19. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

The Company has zero tolerance for sexual harassment at its workplace and has adopted a Policy on prevention, prohibition and redressal of sexual harassment at the workplace in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules thereunder for prevention and redressal of complaints of sexual harassment at workplace.

Pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 ("POSH Act”) and Rules made thereunder, the Company has formed an Internal Complaint Committee ("ICC”) for its workplaces to address complaints pertaining to sexual harassment in accordance with the POSH Act. The Company has a detailed policy for prevention of sexual harassment at workplace which ensures a free and fair enquiry process with clear timelines for resolution.

The Policy is uploaded on the website of the Company at https://tusaldah.ltd.

During the Year under review, the details regarding complaints on sexual harassment are given as under.

a) Number of complaints of sexual harassment received in the year	Nil
b) Number of complaints disposed off during the year	NA
c) Number of cases pending for more than ninety days	NA

20. COMPLIANCE OF THE PROVISIONS RELATING TO THE MATERNITY BENEFIT ACT, 1961

During the FY 2025-26, the Company has implemented the policy for the benefit of the maternity in compliance of the provisions of the Maternity Benefit Act, 1961.

During the Year under review, there was no any application received for the maternity leave and for other benefits applicable under the Maternity Benefit Act, 1961.

21. BOARD DIVERSITY

The Company recognizes and embraces the importance of a diverse Board in its success. The Board has adopted the Board Diversity Policy which sets out the approach to diversity of the Board of Directors. The policy is available on our website at https://tusaldah.ltd.

22. PARTICULARS OF EMPLOYEES AND RELATED DISCLOSURES

The information required pursuant to section 197 (12) of the Act read with Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of the employees of the Company is given in Annexure “A”. The disclosure is available for inspection by the Members at the Registered Office of your Company during business hours on all working days of the Company up to the date of the ensuing AGM. Any Member interested in obtaining such information may send their email to info@tusaldah.ltd.

There is no Employee in the company who was / is drawing remuneration more than managerial personnel nor there did any employee who has drawn remuneration more than Rs. 102.00 Lakhs p.a. or 8.50 Lakhs p.m. as describe under Rules Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

23. SUBSIDIARY, ASSOCIATE AND JOINT VENTURE COMPANIES

During the financial year the Company does not have any Subsidiary, joint venture or associate company.

24. RELATED PARTY TRANSACTIONS

During the FY 2025-26, the Company has not entered into transactions with related parties as referred to in sub-section (1) of section 188 of the Companies Act, 2013. Hence, the requirement of providing details as per format AOC-2 is not applicable.

25. DISCLOSURE ON CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO

In terms of Sub-section 3(m) of Section 134 of the Act read with Rule 12(1) of the Companies (Management and Administration) Rules, 2014, particulars relating to conservation of energy, technology absorption, foreign exchange earnings and outgo are given in Annexure “B” forming part of this report.

26. ANNUAL RETURN

As per provisions of Section 92 and 134(3) (a) of the Companies Act, 2013 read with Rules made thereunder, the Annual Return in Form no. MGT-7 for the FY 2025-26 is placed on the website of the Company, web-link of which is https://tusaldah.ltd.

27. CORPORATE SOCIAL RESPONSIBILITY (“CSR”) POLICY

The provisions of Section 135 of the Companies Act, 2013 are not applicable to the Company, as it does not meet the prescribed criteria during the financial year under review. Accordingly, the Company was not required to constitute a Corporate Social Responsibility Committee or formulate a Corporate Social Responsibility Policy.

28. VIGIL MECHANISM / WHISTLE BLOWER POLICY

Your Company has a well-defined Whistle Blower Policy and has established Vigil Mechanism which provides adequate safeguards against victimization of Reporting persons who follow such mechanism and also make provisions for direct access to the Chairman of Audit Committee in appropriate cases. The Vigil Mechanism / Whistle Blower Policy has been placed on the Companys website at https://tusaldah.ltd/wp-content/uploads/2026/05/Whistle-Blower-Policy-Vigil-Mechanism-of-the-Company.pdf.

29. POLICY ON NOMINATION AND REMUNERATION

In compliance with the requirements of Section 178 of the Companies Act, 2013 and Regulation 19 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has laid down a Nomination and Remuneration policy which has been uploaded on the Companys website at

https://tusaldah.ltd/wp-content/uploads/2025/12/Nomination-Remuneration-Policy.pdf.

30. RISK MANAGEMENT POLICY

The Risk Management Process is designed to safeguard the organization from various risks through adequate and timely actions. It is designed to anticipate, evaluate and mitigate risks in order to minimize its impact on the business. The potential risks are inventoried and integrated with the management process so that they receive the

necessary consideration during decision making. It is dealt with in greater details in the management discussion and analysis section.

31. AUDITORS

A) STATUTORY AUDITORS

M/s. N.D. Kapur & Co. Chartered Accountants (FRN: 001196N), were appointed as the Statutory Auditors of the Company to hold office for a term of five years from the conclusion of the 31st Annual General Meeting till the conclusion of the 36th Annual General Meeting of the at such remuneration as mentioned in the explanatory statement and further authorizing the Board of Directors to determine remuneration of remaining period on recommendation of Audit Committee.

The Statutory Auditors report does not contain any qualification, reservation or adverse remark and is self-explanatory and unmodified and thus does not require any further clarifications / comments.

B) SECRETARIAL AUDITORS

Pursuant to the provisions of section 204 of the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board has recommended to appoint M/s. Krishna Rathi & Associates, Company Secretary in Practice, as Secretarial Auditors to undertake Secretarial Audit of the Company for for the Financial Year 2025-26.

The Secretarial Audit Report for the financial year 2025-26 is annexed herewith as Annexure “C”.

C) COST AUDITOR

In terms of Section 148 of the Act, the Company is not required to maintain cost records and have the audit of its cost records conducted by a Cost Accountant.

D) INTERNAL AUDITORS

M/s. A.R. Sodha & Co, Chartered Accountants, have been appointed as Internal Auditors for conducting internal audit of the Company for the financial year 2025-26.

32. REPORTING OF FRAUD DURING THE YEAR UNDER REVIEW

During the FY 2025-26, The Auditors have not reported any instances of frauds committed in your Company by its officers or employees, to the Audit Committee under Section 143(12) of the Act details of which needs to be mentioned in this Report.

33. REPORT ON CORPORATE GOVERNANCE AND MANAGEMENT DISCUSSIONS & ANALYSIS REPORT

Pursuant to the provisions of Regulation 15 and Chapter V of the SEBI Listing Regulations, Companies having paid up equity share capital not exceeding Rs. 10 Crore and Net Worth not exceeding Rs. 25 Crore, as on the last day of the previous financial year are not required to comply with the provisions of Regulation 27 of the SEBI Listing Regulations. As per the Audited Financial Statements of the Company the paid-up Equity Share and Net worth does not exceed the limit as mentioned above; hence compliance with the provisions of the Corporate Governance is not applicable to the Company. However, your Company has complied with all the disclosures and requirements which are applicable under all the rules, regulations for the time being in force. Therefore,

declaration/certification/information required to be disclosed as per Para C, D and E of Schedule V read with Regulation 34 are not applicable to the Company and hence, Corporate Governance Report, Declaration and Compliance Certificate pursuant to Para C, D and E of Schedule V of Listing Regulations, respectively, not attached to this report.

A statement on Management Discussions & Analysis Report which forms part of this Report is annexed as Annexure “D”.

34. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANYS OPERATIONS IN FUTURE

No significant and/or material orders were passed by any Regulator or Court or Tribunal impacting the going concern status and the Companys operation in future.

35. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has adequate internal control systems, commensurate with the size and scale of the Company. However, looking to the need of the time it has been decided to widen the scope of internal audit and accordingly internal auditors have been appointed who submit their periodical reports to the Board and their advices are adopted and needful is done, if required for better control.

36. UNCLAIMED EQUITY SHARES AND DIVIDEND AND TRANSFER OF FUND TO IEPF AUTHORITY

During the year under review, no amount was required to be transferred to Investor Education and Protection Fund (IEPF) as Company has not declared any dividend in the past.

37. SECRETARIAL STANDARDS

All the applicable secretarial standards issued by the Institute of Company Secretaries of India (ICSI) with respect to Board and General Meeting are being followed by the Company.

38. DEPOSITS

The Company has not accepted any fixed deposits, within the meaning of section 73 of the companies Act 2013, Read with the Companies (Acceptance of Deposits) Rules, 2014 during the period under review.

39. DETAILS OF LOANS AVAILED FROM DIRECTORS OR THEIR RELATIVES

The details of loans availed by the Company from its Directors and/or from their relatives, are given below:

(Amount in Hundreds)

Loan from Directors and/or Relatives

Opening balance of loan the year	Loans availed during	Loans repaid during the year	Outstanding balance as on 31st March, 2026
47,431.26	3,072.00	-	50,503.26

40. FAILURE TO IMPLEMENT ANY CORPORATE ACTION

During the year under review, no such instance where the Company has failed to complete or implement any corporate action within specified time limit.

41. PROCEEDINGS PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (“IBC”)

There is no such proceeding or appeal pending under Insolvency and Bankruptcy Code, 2016 (31 of 2016) during the year and at the end of the financial year, even up to the date of this report.

42. THE 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

No such instance of One-time settlement or valuation was done while taking or discharging loan from the Banks / Financial institutions occurred during the year.

43. REVISION IN FINANCIAL STATEMENT OR BOARDS REPORT

During the year under review, no revision in Financial Statement or Boards Report has been made pursuant to section 131 of the Companies Act, 2013.

44. EVENTS SUBSEQUENT TO THE DATE OF FINANCIAL STATEMENTS

As on the date of this Report, your directors are not aware of any circumstances not otherwise dealt with in this Report or in the financial statements of your Company, which would render any amount stated in the Accounts of the Company misleading. In the opinion of the Directors, no item, transaction or event of a material and unusual nature has arisen in the interval between the end of the financial year and the date of this report, which would affect substantially the result or the operations of your Company for the financial year in respect of which this report is made.

45. CAUTIONARY STATEMENT

Statements in the Annual Report, including those which relate to Management Discussion and Analysis describing the Companys objectives, projections, estimates and expectations, may constitute ‘forward looking statements within the meaning of applicable laws and regulations. Although the expectations are based on reasonable assumptions, the actual results might differ.

46. ACKNOWLEDGEMENTS

The Bankers and financial institutions have extended their full support, cooperation and valuable assistance to the Company. Your Directors place on record their appreciation for the same.

For and on behalf of the Board of Directors of

Tusaldah Limited (formerly known as High Street Filatex Limited)

Sd/-	Sd/-
Anupriya Agrawal	Madhura Singh
Whole time Director	Director
(DIN: 06417793)	(DIN:11323203)
DATE: 12/08/2026
PLACE: Mumbai