Indo-City Infotech Ltd Management Discussions

1. Industry Structure and Developments:

The Company was incorporated on 22^nd September, 1992 and is engaged in the finance business.

With a view to aligning its corporate identity with its business activities and future growth plans, the Company has proposed to change its name, subject to necessary approvals.

The Company is continuously strengthening and restructuring its operations with the support of a dedicated team of professionals to achieve sustainable growth in the financial services sector.

The Company intends to continue and expand its finance activities prudently and in compliance with the applicable laws, rules and regulations applicable to NBFCs.

2. Opportunities, threats risk and concerns:

NBFCs continue to play a vital role in supporting credit availability and strengthening Indias credit ecosystem. Their ability to provide customized and specialized funding solutions enables them to cater to diverse financing requirements across sectors, while also creating a conducive platform for corporate transactions and structured funding opportunities. Their strong presence in niche and underserved segments further positions them as an important source of last-mile financing for both small and large projects.

During FY 2025-26, the Company continued to demonstrate resilience and adaptability, supported by its sector- specific expertise, diversified business model and customer-centric approach. Its ability to address funding gaps and provide timely and customized credit solutions is expected to support sustainable growth and further strengthen its role in contributing to Indias economic and infrastructure development.

3. Segment-wise or product-wise performance:

The company has only finance related income, hence the company does not have separate reportable business segment.

4. Business Outlook:

The Company remains optimistic about its future prospects and expects improved overall performance in the coming years. It will continue to pursue sustainable growth through lending activities and investments in shares/stocks of fundamentally sound, growth-oriented entities, subject to prudent evaluation and prevailing market conditions.

5. Internal Control System and their adequacy:

The Company has adequate internal control procedures commensurate with the size and nature of its business. The internal control system provides for policies, guidelines, authorization and procedures. The Audit Committee of the Board of Directors headed by an independent director periodically reviews significant risk area assessment and adequacy of internal controls for ensuring checks and balances.

6. Discussion on Financial Performance:

The financial results and performance for the year are elaborated in the Directors Report.

7. Human resources:

Various Human Resource initiatives are taken to align the HR Policies according to the emerging requirement including training programmes to upgrade their professional, interpersonal and management skills. Our relationship with the employees continues to remain cordial throughout the year.

8. Cautionary Statement:

This report contains estimates and expectations, or may be considered to be forward looking Statements within the meaning of applicable laws and regulations. Actual results could differ or vary materially from those expressed or implied due to various factors.

	For and on behalf of the Board
Place: Mumbai	Aneel Jain
Date: 12thAugust, 2026	Chairman & Managing Director
	DIN: 00030742