Indian Link Chain Manufacturers Ltd Directors Report

To

The Members,

THE INDIAN LINK CHAIN MANUFACTURERS LIMITED

CIN: L47211MH1956PLC009882

The Directors have the pleasure in presenting the 67th Annual Report on the Business and Operations of your Company and the Audited Financial Statements for the year ended 31st March, 2025.

FINANCIAL HIGHLIGHTS

1. FINANCIAL RESULTS

The Companys financial performance for the year ended March 31, 2025 is summarized below.

Particular	2024-25	2023-24
	(Amt in INR)	(Amt in INR)
Total Income	29,46,918	26,16,463
Depreciation	1,32,536	1,32,536
Other Expenses	9,68,425	11,27,828
Total Expenses	14,84,961	17,19,464
Profit before Tax	14,61,957	8,96,999
Tax Expense:	3,67,995	(13,678)
Profit after Tax	10,93,962	9,10,677

2. STATE OF COMPANYS AFFAIRS

The Company is presently enaged in the business of trading for all kinds of crops, Grains, pulses, spices, dry fruits, other edible products, plantation of trees of all types and production of all kinds of organic food products, fruits, vegetables, dairy, forestry, agricultural, horticulture, tea, coffee, rubber, mineral, cotton, silk, cereals, cotton - silk, vetiveria, wood, lac culture, timber, fuel, floriculture, bee keeping, fodder raising, seeding and manufacturing, trading, processing of agriculture products and allied activities.

Further the Company is actively evaluating business opportunities and is identifying the most viable long-term business model. This evaluation process has now culminated in a strategic decision to focus on scalable and high-growth sectors aligned with national priorities and emerging market needs.

Accordingly, while the Company has not recorded income from operations in the financial year due to the restructuring and planning phase, it is in the process of capital infusion which will enable commencement of full-scale commercial activities for the company.

During the financial year 2024-25, the Company earned a profit of ^10,93,962 on a standalone basis, as against a profit of ^ 9,10,677 in the previous financial year 2023-24.

3. CHANGE IN NATURE OF BUSINESS, IF ANY

There was no change in the nature of business during the financial year 2024-2025.

4. SHARE CAPITAL

During the Financial Year 2024-2025

a) The Company has not issued any equity shares with differential rights.

b) The Company has not issued any Sweat Equity Shares.

c) Issue of Employee Stock Options: The Company has not issued any Employee Stock Options.

d) Post Closure of the financial year, the Company initiated the process to raise funds by way of Preferential issue of Equity Shares and Convertible Warrants; details of the said fund raising are as follows.

The Board of Directors, at its meeting held on 13th May, 2025, and subsequently the shareholders at the Extra-Ordinary General Meeting held on 9th June, 2025, approved fund raising by way of preferential issue and allotment of 25,50,000 equity shares for cash at price of Rs. 71/- per Equity Shares including a (including a premium of Rs. 61/- per Equity share) on preferential basis to the Non-Promoter Group and 53,00,000 convertible warrants into equity shares of face value of Rs. 10/- each and on conversion to be fully paid up, for cash, at a price 71/- per convertible warrants (at premium of Rs. 61/-) on on preferential basis to the Non-Promoter Group. The Shareholders of the Company further approved the increase in the authorized share capital of the Company from Rs. 1,00,00,000/- (Rupees One Crore only) divided into 10,00,000 (Ten Lakh) equity shares of Rs. 10/- (Rupees Ten only) each to Rs. 8,40,00,000/- (Rupees Eight Crore Forty Lakh only) divided into 84,00,000 (Eighty-Four Lakh) equity shares of Rs. 10/- (Rupees Ten only) each."

In addition, pursuant to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, an Open Offer has been made by Mr. Rajendra Chodankar [Acquirer] for acquisition of up to 7,93,000 equity shares, representing 26% of the emerging equity share capital of the Company, and Bonanza Portfolio Limited has been appointed as the Manager to the Offer.

The above developments have occurred subsequent to the closure of the financial year and the same have been appropriately reported under Point No. 5 "Material Changes and Commitments Affecting the Financial Position of the Company" of this Report.

5. MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY

The Company is in the process of raising funds by way of issue of securities. The details relating to the preferential issue of equity shares and convertible warrants, and increase in authorized share capital have been disclosed under the heading "Share Capital" of this Report and may be referred to for further information.

Additionaly, Pursuant to Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, an Open Offer has been made by Mr. Rajendra Chodankar [ Acquirer] to acquire up to 7,93,000 equity shares, representing 26.00% of the emerging equity and voting share capital of the Company, from the public shareholders.

In this regard, a Public Announcement was made on 13th May, 2025, and a Detailed Public Announcement was published on 20th May , 2025, in connection with the said acquisition of equity shares of the Company. Further, the Draft Letter of Offer dated 27th May, 2025 has been issued on behalf of the Acquirer under Regulations 3(1) and 4, read with Regulations 13, 14, and 15(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the proposed acquisition of up to 7,93,000 equity shares from public shareholders and Bonanza Portfolio Limited has been appointed as the Manager to the Offer for the said Open Offer process.

Apart from the above, there have been no material changes and commitments affecting the financial position of the Company subsequent to the close of the financial year 2024-25

6. DIVIDEND

The Board of Directors does not propose to declare any Dividend for the Financial Year 2024-25.

7. TRANSFER TO RESERVE

No amounts were transferred to any reserves.

8. BOARD MEETING AND COMMITTEES

During the reporting period, 06 (Six) Board Meetings were held and the gap between the Meetings was within the period prescribed under the Companies Act, 2013 and the Company has complied with all the provisions of Companies Act 2013 and Secretarial Standard applicable to it with respect to conducting Board Meetings. Furthermore, the Board has constituted three key committees, namely.

• Audit Committee

• Nomination and Remuneration Committee

• Stakeholders Relationship Committee

9. DIRECTORS RESPONSIBILITY STATEMENT

Based on the the framework of internal financial control and Compliance system established and maintained by the Company, work performed by the respective auditors and audit of internal financial control over financial reporting by the Statutory Auditor and the reviews performed by the management / Board. The Board is of the opinion that the Companys internal financial control were adequate and effective during the financial year ended 31st March 2025.

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of directors, to the best of their knowledge and ability, confirm 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 profit and 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; and

e) the directors, in the case of a listed company, had laid down internal financial controls to be followed by the company and that such internal financial 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.

10. DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS UNDER SUB-SECTION (12) OF SECTION 143 OTHER THAN THOSE WHICH ARE REPORTABLE TO THE CENTRAL GOVERNMENT

There is no reporting made by the Auditor of the Companys, with respect to the Fraud for the financial year 2024-2025.

11. DIRECTORS AND KEY MANAGERIAL PERSONNEL

During the year under review, the following change took place in the composition of the Board of Directors:

Mr. Jaynish Kothari (DIN: 00281312) was appointed as an Additional Non-Executive Independent Director at the Board Meeting held on 24th June, 2024, pursuant to the provisions of Sections 149, 150, 152, 161, 197 and other applicable provisions of the Companies Act, 2013.

Subsequently, the shareholders, at the 66th Annual General Meeting of the Company, approved his appointment as an Independent Director for a term of five (5) consecutive years, commencing from 24th June, 2024 and ending on 23rd June, 2029.

12. DECLARATION FROM INDEPENDENT DIRECTORS

The Company has received declarations from all Independent Directors under Section 149(7) of the Companies Act, 2013, confirming that they meet the criteria of independence as laid down in Section 149(6) of the Act and Regulation 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Independent Directors have further confirmed compliance with the Code for Independent Directors as prescribed in Schedule IV to the Act.

13. EXPLANATIONS OR COMMENTS BY THE BOARD ON EVERY QUALIFICATION, RESERVATION OR ADVERSE REMARK OR DISCLAIMER MADE

(i) Statutory Auditors Report: The Statutory Auditor of the Company has issued clean/ clear report for the FY 2024-2025 therefore board has not mentioned any explanation or comments on the same report.

(ii) Secretarial Auditors Report: Following are the observation raised by the Secretarial Auditor:

A. that Composition of Audit Committee and Nomination and Remuneration Committee of the Board during the part of reporting period and the quorums present in few meetings is not as per the requirements of the Companies Act, 2013.

B. The Company is yet to appoint Internal Auditor as per provision of section 138 of the Companies Act 2013.

C. The Company is in process to rectify the Index of charges appearing on the MCA portal. During the reporting period.

Managements Response:

A. The Board acknowledges the observation and submits that the composition of the Audit Committee and Nomination & Remuneration Committee was not fully compliant with the requirements of the Companies Act, 2013 during part of the reporting period, due to resignation/changes in the Board of Directors. The Board has since reconstituted the Committees in line with the applicable provisions and the composition now meets the statutory requirements.

B. The Company is in the process of appointing an Internal as per Section 138 of the Companies Act, 2013. Necessary steps for the appointment are being taken and the same will be finalized shortly.

C. The discrepancies in the Index of Charges appearing on the MCA portal are being rectified. The Company has initiated the process of filing the necessary forms/clarifications with the Registrar of Companies, and the matter is expected to be regularized soon.

14. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY

In view of the changes in the Companies Act, the Company has taken additional measures to strengthen its internal control systems. Additional measures in this regard are fraud risk assessment, mandatory leave for employees, strengthening background verification process of new joiners, whistle blower policy and strengthening the process of risk management. The Company maintains a system of internal controls designed to provide a high degree of assurance regarding the effectiveness and efficiency of operations, the adequacy of safeguards for assets, the reliability of financial controls, and compliance with applicable laws and regulations.

The organization is well structured and the policy guidelines are well documented with pre-defined authority. The Company has also implemented suitable controls to ensure that all resources are utilized optimally, financial transactions are reported with accuracy and there is strict adherence to applicable laws and regulations.

The Company has put in place adequate systems to ensure that assets are safeguarded against loss from unauthorized use or disposition and that transactions are authorized, recorded and reported. The Company also has an exhaustive budgetary control system to monitor all expenditures against approved budgets on an ongoing basis.

Recognizing the important role of internal scrutiny, the Company has an internal audit function which is empowered to examine the adequacy of, and compliance with, policies, plans and statutory requirements. It is also responsible for assessing and improving the effectiveness of risk management, control and governance process.

Periodical audit and verification of the systems enables the various business groups to plug any shortcomings in time. As stated earlier the Company has improved effectiveness of the risk management process wherein it evaluates the Companys risk management system and suggests improvement in strengthening risk mitigation measures for all key operations, controls and governance process. In addition, the top management and the Audit committee of the Board periodically review the findings and ensure corrective measures are taken.

15. RISK MANAGEMENT

The Board of the Company has formed a risk management policy to frame, implement and monitor the risk management plan for the Company. The Board of Directors are responsible for reviewing the risk management plan and ensuring its effectiveness. Major risks identified by the businesses and functions are systematically addressed through mitigating actions on a continuing basis.

In the opinion of Board the rising costs and changing government policies and regulations are the key risk factors that may threaten the existence of the company.

16. PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS UNDER SECTION 186 OF THE COMPANIES ACT 2013

During the year under review, the Company has not given any guarantee to any party as provided under Section 186 of the Companies Act, 2013. The details of loans granted by the Company are provided in Note No. 4 to the financial statements.

17. CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES

During the year, the Company did not enter into any transactions, contracts or arrangements with related parties that could be considered material in accordance with the Companys policy on related party transactions drawn in accordance with relevant regulations applicable to the Company. Accordingly, the disclosure of related party transactions in Form AOC-2 is not applicable.

The details of such transactions entered by the Company with Related Party Transactions which are at Arms Length Price and in Ordinary Course of Business are provided in Note No. 21 of the Financial Statements.

18. STATEMENT ON PERFORMANCE OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES.

The Company does not have any Subsidiary, Associate and Joint Ventures.

19. OTHER MATTERS AS PER RULE 8(5) OF COMPANIES (ACCOUNTS) RULES, 2014

> Subsidiaries, Joint Ventures or Associate Companies: During the financial year no Companies became/ ceased to be Companys Subsidiaries, Joint Ventures or Associate Companies

> During the year under review, there were no instance of one-time settlement with banks or financial institutions and hence the differences in valuation as enumerated under Rule 8(5) (xii) of Companies (Accounts) Rules, 2014, as amended, do not arise.

> During the financial year the Company has not accepted any deposits, not renewed any deposit or made any default in repayment of any deposits.

> The Privision relating CSR as per the Section 135 of the Companies Act 2013 is not applicable to the Company.

20. BORROWINGS FROM DIRECTORS

The Company has not borrowed funds from any Director of the Company during the financial year 2024 - 2025.

21. BOARD EVALUATION

The Board of Director has carried out an annual evaluation of its own performances, Board Committees and Individual Director pursuant to section 178(2) of the companies Act 2013.

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 composition of Board and its structure, effectiveness of board processes, information and functioning, etc.

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

The Board and the Nomination and Remuneration Committee ("NRC") 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

The Independent Directors in their meeting, evaluated the performance of non-independent directors, the Board as a whole and performance of the Chairman after taking into account the views of Executive Directors and Non-Executive Directors. The same was also reviewed and discussed in the board meeting that followed the meeting of the independent Directors.

22. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION AND OTHER DETAILS

In terms of Section 178 of the Companies Act, 2013 the policy on Nomination and Remuneration of Directors, Key Managerial Personnel (KMP), Senior Management and other employees of the Company has been formulated by the Nomination and Remuneration Committee of the Company and approved by the Board of Directors. This policy acts as a guideline for determining, inter-alia, qualifications, positive attributes and independence of a Directors, matter relating to the remunerations, appointment, removal and evaluation of performance of the Directors, Key Managerial Personnel, Senior Management and other employees.

23. VIGIL MECHANISM FOR DIRECTORS AND EMPLOYEES

The Company has formulated and published a Whistle Blower Policy to provide Vigil Mechanism for employees including directors of the Company to report genuine concerns. The contents of this policy are in line with the provisions of the Section 177(9) of the Act.

24. AUDIT COMMITTEE

The composition, quorum, powers, role, and scope of the Audit Committee are in accordance with the provisions of Section 177 of the Companies Act, 2013. The Committee comprises the following members as on 31st March, 2025. In the financial year 2024-25.

Sr. No	Name	Chairman/Member	Category
1.	Mr. Ashok Jain	Chairman	Independent Director
2.	Mr. Vishal Thakkar	Member	Managing Director
3.	Mr. Jaynish Kothari (Appointed w.e.f 24th June, 2024)	Member	Independent Director

During the financial year 2024-25, the Audit Committee duly met 4 times and the attendance of each member at such meetings are provided below.

Sr. No	Name	Number of Meetings during the financial year ended 2024-2025
		Entitled to Attend	Attended
1.	Mr. Ashok Jain	4	4
2.	Mr. Vishal Thakkar	4	4
3.	Ms. Bhavika Thakkar	1	1
4.	Mr. Jaynish Kothari	3	3

• Ms. Bhavika Thakkar ceased to be member of the Audit Committee w.e.f 24-06-2025.

25. NOMINATION AND REMUNERATION COMMITTEE

The composition, quorum, powers, role, and scope of the Nomination and Remunneration Committee are in accordance with the provisions of Section 178 of the Companies Act, 2013. The Committee comprises the following members as on 31st March, 2025.

Sr. No	Name	Chairman/Member	Category
1.	Mrs. BhavikaThakkar	Chairman	Non- Executive Director
2.	Mr. Ashok Jain	Member	Independent Director
3.	Mr. Jaynish Kothari (Appointed w.e.f 24th June, 2024)	Member	Independent Director

In the financial year 2024-25, the Nomination and Remuneration Committee duly met 2 times and the attendance of each member at such meetings are provided below.

Sr. No	Name	Number of Meetings during the financial year ended 2024-2025
		Entitled to Attend	Attended
1.	Mr. Ashok Jain	2	2
2.	Mrs. Bhavika Thakkar	2	2
3.	Mr. Jaynish Kothari	1	1

The Committee reviews and approves the remuneration of Managerial Personnel and the terms and conditions of appointment and in accordance with the provisions of Companies Act, 2013.

The Committee reviews following matters:

Recommend to the Board the set up and composition of the Board and its committees. Including the "formulation of the criteria for determining qualifications, positive attributes and independence of a director". The committee will consider periodically reviewing the composition of the board with the objective of achieving an optimum balance of size, skills, independence, knowledge, age, gender and experience:

• Recommend to the board the appointment or reappointment of directors.

• Devise a policy on board diversity.

• Recommend to the board appointment of key managerial personnel ("KMP" as defined by the Act) and executive team members of the Company (as defined by this committee).

• Carry out evaluation of every directors performance and support the board and independent directors in evaluation of the performance of the board, its committees and individual directors.

• This shall include "formulation of criteria for evaluation of independent directors and the board".

• Recommend to the board the remuneration policy for directors, executive team or key managerial personnel as well as the rest of the employees.

• On an annual basis, recommend to the board the remuneration payable to the directors and oversee the remuneration to executive team or key managerial personnel of the Company.

• Oversee familiarisation programmes for directors.

• Oversee the human resource philosophy, human resource and people strategy and human resource practices including those for leadership development, rewards and recognition, talent management and succession planning (specifically for the board, key managerial personnel and executive team).

• Provide guidelines for remuneration of directors on material subsidiaries.

26. STAKEHOLDER RELATIONSHIP COMMITTEE

The composition, quorum, powers, role, and scope of the Stakeholder Relationship Committee are in accordance with the provisions of Section 178 of the Companies Act, 2013. The Committee comprises the following members as on 31st March, 2025.

Sr. No	Name	Chairman/Member	Category
1.	Ashok Jain	Chairman	Independent Director
2.	Jaynish Kothari	Member	Non-Executive Director Independent Director
3.	Bhavika Thakkar	Member	Non -Executive Director

In the financial year 2024-25, the Stakeholders Relationship Committee duly met 1 times and the attendance of each member at such meetings are provided below

Sr. No.	Name	Number of Meetings during the financial year ended 2024-2025
		Entitled to Attend	Attended
1.	Bhavika Thakkar	1	1
2.	Jaynish Kothari	1	1
3.	Ashok Jain	1	1

The committee has the following roles and responsibilities:

1) Resolve the grievances of security holders.

2) Monitors and reviews the performance and service standards of the Registrar and Share Transfer Agents of the Company

3) Provides continuous guidance to improve the service levels for investor.

27. AUDITORS AND THEIR REPORT

• Statutory Auditors

Pursunat to Section 139 and Section 141 of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) and based on the recommendation of the Board, the shareholders have approved the appointment of M/s. NK Jalan & Co., Statutory Auditors, at the 66th Annual General Meeting held on 28th September, 2024, for a term of 5 (five) consecutive years, commencing from the conclusion of the 66th Annual General Meeting till the conclusion of the 71st Annual General Meeting of the Company to be held in the year 2029.

As required under Regulation 33 of the Listing Regulations, Statutory Auditors have confirmed that they hold a valid certificate issued by the Peer Review Board of the Institute of Chartered Accountants of India.

The Statutory Auditors of the Company have issued an unmodified (clean) audit report for the financial year ended 31st March, 2025. The said Audit Report forms part of this Annual Report.

• Secretarial Auditor

Pursuant to the provisions of Section 204 of the Companies Act 2013 and the rules made there under the Company has appointed M/s. Rachana Maru Furia & Associates, Company Secretaries, Mumbai, in the Board Meeting held on 14th February, 2025, to undertake the Secretarial Audit of the Company for the F.Y. 2024-25.

The Secretarial Audit Report is included as Annexure 1 and forms an integral part of this report.

• Cost Auditor

Appointment of cost auditors is not applicable to company for the financial year 2024-2025.

28. THE CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:

a) CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION:

In terms of the requirements of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014, with respect to conservation of energy, the Board of Directors wishes to inform the members that considering the nature of operations, the Company has limited scope for undertaking energy conservation exercises, but nevertheless continues to emphasize work practices that result in conservation of energy.

Further, the Company actively spreads awareness among its employees on the importance of optimal utilization and conservation of electricity, water, and other natural resources critical to steel production. The management remains vigilant in monitoring technological advancements and continuously explores opportunities to adopt and implement modern, energy-efficient technologies in its production processes to enhance operational efficiency and reduce the carbon footprint of its steel manufacturing operations."

b) FOREIGN EXCHANGE EARNINGS AND OUTGO

During the financial year 2024-2025 there is Foreign exchange earnings and Outgo.

29. PARTICULARS OF EMPLOYEES

The information required under Section 197 of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are in Annexure 2.

30. MANAGEMENT DISCUSSION AND ANALYSIS

A separate section on Management Discussion and Analysis report (MD&A) is included in the Annual Report as Annexure 3 required under Regulation 34(2)(e) of the Listing regulations.

31. FOLLOWING MATTERS WERE NOT APPLICABLE TO THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025 AND THUS NO COMMENTS ARE REQUIRED BY THE BOARD OF DIRECTORS ON THE SAME:

• Details of Voting Rights not exercised by the employees u/s 67(3)(c) of Companies Act, 2013 r.w. Rule 16(4) of Companies (Share Capital and Debentures) Rules, 2014.

• Disclosure about issue of equity shares with Differential Rights as per Rule 4(4) of Companies (Share Capital and Debentures) Rules, 2014.

• Maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies Act, 2013

32. SIGNIFICANT AND MATERIAL ORDER PASSED BY REGULATORS OR COURT

No significant and material order has been passed by the regulators, courts, tribunals impacting the going concern status and Companys operations in future.

33. REPORT ON THE SEXUAL HARRESSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REPRESSED ACT 2013.

The Company has in place a policy for prevention of Sexual Harassment at the Workplace in line with the requirements of Sexual Harassment of Women at the Workplace (Prevention, Prohibition and Redressal) Act, 2013.

The policy on Prevention of Sexual Harassment at Workplace aims at prevention of harassment of employees and lays down the guidelines for identification, reporting and prevention of undesired behaviour. During the year ended 31st March, 2025:

• Number of complaints of sexual harassment received in a year -Nil

• Number of complaints disposed off during the year - Nil

• Number of cases pending for more than 90 days - Nil

34. STATEMENT BY THE COMPANY WITH RESPECT TO THE COMPLIANCE OF PROVISIONS RELATING TO THE MATERNITY BENEFITS ACT, 1961

The said disclosure is not applicable to the Company.

35. STATEMENT ON COMPLIANCES OF SECRETARIAL STANDARDS

The Board of Directors have complied with applicable Secretarial Standards as specified u/s 118 of the Companies Act, 2013.

36. ANNUAL RETURN

Pursuant to Section 92(3) read with Section 134(3)(a) of the Act, the Annual Return of the Company is available on the website of the Company at https://www.inlinch.com.

37. CORPORATE GOVERNANCE REPORT

Regulations 17 to 27 and Clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D, and E of Schedule V of the SEBI (LODR) Regulations, 2015 are not applicable to the Company as the paid up Share Capital of the Company is less than 10 Crores and its Net Worth does not exceed 25 Crores as on the last day of previous financial year. Hence, the Corporate Governance Report is not included in this Report.

38. UNCLAIMED DIVIDEND AND UNCLAIMED SHARES

During the period under review there is no unpaid/ unclaimed Dividend and the shares required to be transferred to the Investor Education & Protection Fund.

39. BUSINESS RESPONSIBILITY REPORT

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

40. STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY- EXPERTISE AND EXPERIENCE (INCLUDING THE PROFICIENCY) OF THE INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR:

In the opinion of the Board, all Independent Directors possess requisite qualifications, experience, expertise and hold high standards of integrity required to discharge their duties with an objective independent judgment and without any external influence

41. LISTING WITH STOCK EXCHANGE

The Companys Equity Shares are listed at BSE Limited with script code 504746. The Company confirms that it has paid the Annual Listing Fees for the year 2023-2024 and 2024-2025 to BSE where the Companys Shares are listed.

42. SECRETARIAL STANDARDS

The Company has devised proper systems 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

43. THE DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (31 OF 2016) DURING THE YEAR ALONG WITH THEIR STATUS AS AT THE END OF THE FINANCIAL YEAR.

There is no such application made or proceeding initiated against the Company

ACKNOWLEDGEMENTS

Your Directors wish to place on record their sense of appreciation for the excellent support received from the government authorities, bankers, consultants and the dedicated efforts of all employees in the working of the Company.

	For The Indian Link Chain Manufacturers Limited
	Sd/-	Sd/-
	Vishal Thakkar	Bhavika Thakkar
Place: Mumbai	Managing Director	Director
Date: 13-08-2025	DIN:09798551	DIN: 09854905