Interiors & More Ltd Directors Report

To,

The Members,

INTERIORS & MORE LIMITED,

Mumbai,

Your Directors have pleasure in presenting their Annual Report of the Company together with the Audited Statements of Accounts for the Financial Year ended 31^st March, 2025.

1. FINANCIAL RESULTS

Your Directors delightfully presents the 13^th Annual Report on the business and operation of the Company together with the Audited Financial Accounts for the year ended 31^st March, 2025.

				(Rs. in lakh)
Particulars	Standalone		Consolidated
	Financial year ended March 31, 2025	Financial year ended March 31, 2024	Financial year ended March 31, 2025	Financial year ended March 31, 2024
Revenue from Operations	5,403.10	3,225.33	5,889.19	3,242.24
Other Income	22.19	11.30	23.95	11.30
Total Income	5,425.29	3,236.63	5913.14	3,253.54
Total Expenses	4,007.21	2,107.27	4330.68	2,220.94
Profit Before Interest, Tax & Depreciation	1,610.82	1,314.83	1,779.67	1,220.37
Less: Finance cost	87.19	143.40	87.19	143.40
Less: Depreciation	105.55	41.80	110.01	44.36
Profit before Exceptional items & Extraordinary Items	1,418.08	1,129.36	1,582.47	1,032.61
Exceptional items	-	18.50	-	18.50
Profit /(Loss) Before Tax	1,418.08	1,110.87	1,582.47	1,014.11
Less: Current Tax (including earlier years tax)	369.15	309.85	369.15	309.85
Less: Deferred Tax Asset / (Liability)	16.35	(0.39)	16.35	(0.39)
Profit after	1,032.57	801.41	1,196.96	704.65
Earnings per share of Rs. 10/-
Basic and Diluted	14.76	15.00	17.11	13.19

2. RESULT HIGHLIGHTS

On a consolidated basis, the revenue from operation including other income for the financial year 2024-25 was Rs. 5,913.14 (in lakhs), which is higher by 81.74% over the previous years revenue of Rs. 3253.54 (in lakhs). The profit after tax for the financial year 2025 stood at Rs. 1,196.96 (in lakhs) registering the growth of 69.87 % over the PAT of Rs. 704.65 (in lakhs) in financial year 2024

On a standalone basis, the revenue from operation including other income for the financial year 2024-25 was Rs. 5,425.29 (in lakhs), which is higher by 67.62 % over the previous years revenue of Rs. 3236.63 (in lakhs). The profit after tax for the financial year 2025 stood at Rs. 1032.57 (in lakhs) registering the growth of 28.84 % over the PAT of Rs. 801.41 (in lakhs) in financial year 2024.

The above data has been extracted from the Audited Standalone and Consolidated Financial Statements prepared in accordance with the Generally Accepted Accounting

Principles in India (‘Indian GAAP) to comply with the Accounting Standards specified under Section 133 of the Act and the relevant provisions of the Act, as applicable. Your directors are hopeful that the performance of the Company will further improve in the coming years.

3. DIVIDEND

Considering the Companys financial performance for the year 2024-25, the Company has declared and paid an amount of Rs. 0.25 per equity share towards interim dividend for the financial year ended March 31, 2025.

On May 26, 2025, the Board of directors of Company has proposed a final final subject to the approval of shareholders at the ensuing Annual

General Meeting to be held for the financial year 2024-25.

4. TRANSFER TO RESERVE

During the year, no amount was transferred to general reserve.

5. CHANGE IN SHARE CAPITAL

During the year under review, there have been no changes in share capital of the Company.

Buy Back of Securities: The Company has not bought back any of its securities during the year under review. Sweat Equity: The Company has not issued any Sweat Equity Shares during the year under review.

Bonus Shares: No Bonus Shares were issued during the year under review.

Shares with differential rights: The Company has not issued any equity shares with differential rights during the year under review.

During the year under review, the Company has not made any provision of money for the purchase of, or subscription for, shares in your Company or its holding Company, to be held by or for the benefit of the employees of the Company and hence the disclosure as required under Rule 16(4) of Companies (Share Capital and Debentures) Rules, 2014 is not required.

6. MAJOR EVENTS DURING THE FY 2024-25

During the financial year under review, the Company initiatives and achieved notable undertookseveralsignificant milestones: -

a. The Company commissioned its self-owned integrated manufacturing facility at Umbergaon, Gujarat, spread across of 2,00,000 sq. ft., which became partially operational till financial year ended March 31, 2025 enabling enhanced production scale and efficiency.

b. The Company strengthened its retail presence through the opening of a Company-owned showroom in Pune (~7,300 sq. ft.) and a large-format franchise outlet in Hyderabad (~20,000 sq. ft.) and Jaipur (~6,500 sq. ft.).

c. The Company showcased its products and capabilities at major international exhibitions and conferences, including: i. Exotic Wedding Planning Conference 2025 (EWPC 2025) (UAE); and ii. Ambiente 2025 (Frankfurt, Germany).

d. Expanded into leading online marketplaces such as

Amazon, Meesho, IndiaMART, and Myntra, thereby increasing accessibility to a broader consumer base.

7. CHANGE IN THE NATURE OF BUSINESS

During the year under review, there was no change in the nature of the business of the Company.

8. LISTING

The Equity Shares of the Company are listed on SME Emerge Platform of NSE Limited w.e.f. 23^rd February, 2024. The Company is regular in payment of Annual Listing Fees. The Company has paid Listing fees up to the year 2024-25.

9. CORPORATE GOVERNANCE

The Company being listed on the Small and Medium Enterprise Platform of National Stock Exchange of India Ltd (NSE) is exempted from provisions of Corporate Governance as per Regulation 15 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015. Hence no Corporate Governance report is disclosed in this Annual Report for the financial year 2024-25.

It is pertinent to note that the Company follows Majority of the provisions of the Corporate Governance voluntarily.

10. CREDIT RATING

During the year under review, the Company has not obtained any credit rating from any credit rating agencies.

11. DIRECTORS AND KEY MANAGERIAL PERSONNEL

With the right balance of independent, executive, and non-executive members, the board of the company is well-balanced and capable of making independent decisions on matters of performance and strategy. It also plays an indispensable part in board proceedings. The companys board of directors is made up of distinguished people with years of experience and knowledge in their respective industries from a variety of backgrounds. The board possesses 6 (six) directors as of

March 31, 2025, 3 (three) of whom act as executive directors,

3 (three) are non-executive and independent directors. The maximum tenure of the independent directors is in compliance with the provisions of the Act.

None of the directors on the board holds the directorship in more than 20 (twenty) companies and out of them none of the directors holds the directorship in more than 10 (ten) public companies at a time, pursuant to Regulation 165 of the Act.

Details regarding our Board of Directors as on the date 31^st March, 2025 are set forth in the table hereunder:

Name of directors	Designation	Original Date of appointment	Date of appointment in Current Designation	DIN
Mr. Manish Mohan Tibrewal	Managing Director	30/07/2012	31/10/2022	05164854
Ms. Ekta Tibrewal$	Non- Executive Director	30/07/2012	23/01/2025	01289275
Mr. Rajat Vijender Singhal*	Executive Director	30/09/2022	30/09/2022	09660995
Mr. Rahul Jhunjhunwala**	Executive Director	07/08/2018	23/01/2025	00527214
	Chief Financial Officer	·	24/09/2024	·
Mr. Gopal Krishna Tharad	Independent Director	16/06/2023	16/06/2023	07361902
Ms. Rupa Lachhiramka	Independent Director	16/06/2023	16/06/2023	08126792
Mr. Jatin Amareliya #	Company Secretary	·	28/12/2024	·

During the year under review, following changes took place: -

$ The change in designation of Ms. Ekta Tibrewal from Executive Director to Non-Executive Director was approved by the members of the Company through postal ballot w.e.f. January 23, 2025.

* Mr. Rajat Vijender Singhal resigned from the position of Chief Financial Officer of the Company with effect from September 23, 2024.

** Mr. Rahul Jhunjhunwala was appointed as Chief Financial Officer of the Company with effect from September 24, 2024.

Further the change in designation of Mr. Rahul Jhunjhunwala from Non-Executive Director to Executive Director was approved by the members of the company through postal ballot with effect from January 23, 2025.

Further, Ms. Kuntal Sharma had resigned from the position of Company secretary cum Compliance Officer with effect from May 31, 2024 and Ms. Tasneem Marfatia was appointed for the position of Company Secretary cum Compliance Officer on July 12, 2024 and resigned from the said position on September 30, 2024.

# Mr. Jatin Amareliya was appointed as Company Secretary cum Compliance Officer of the Company with effect from December 28, 2024.

Pursuant to the provisions of Sections 149 and Section 152 read with Schedule IV and all other applicable provisions of the Companies

Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014, Mr. Gopal Krishna Tharad (DIN: 07361902), Ms. Rupa Lachhiramka (DIN: 08126792), continue as Independent Directors of the Company.

The Company has received necessary declaration from each Independent Director of the Company under Section 149(7) of the Companies Act, 2013 (the Act) that they meet the criteria of their independence laid down in Section 149(6) of the Act.

Retirement by Rotation:

In terms of Section 152 of the Companies Act, 2013 Mr. Rahul Jhunjhunwala (DIN: 00527214), Director of the Company is liable to retire by rotation at the forthcoming Annual General Meeting and being eligible, offered himself for re-appointment. The Board recommends re-appointment of Mr. Rahul Jhunjhunwala for the consideration of the Members of the Company at the forthcoming

AGM. The relevant details including profile of Mr. Rahul Jhunjhunwala is included separately in the Notice of AGM. The Board hereby confirms that Mr. Rahul Jhunjhunwala is not debarred from the holding the office of director pursuant to any SEBI order or any other authority.

The Board confirms that none of the Directors of the Company is disqualified from being appointed as Director in terms of Section 164 of the Companies Act, 2013 and necessary declaration has been obtained from all the Directors in this regard.

12. MEETING OF THE BOARD OF DIRECTORS

During the year under review, 11 (Eleven) Board meetings were held. The Date of Board meeting are as follows:

28/05/2024	04/06/2024	12/07/2024	23/08/2024	24/09/2024	30/09/2024
13/11/2024	23/12/2024	28/12/2024	12/02/2025	13/03/2025	·

13. ATTENDANCE OF EACH DIRECTOR AT THE BOARD MEETINGS AND THE LAST ANNUAL GENERAL MEETING:

The attendance of the Directors at the Board Meeting and the Annual General Meeting held during the financial year 2024-25 was as follows:

Name of Director	Board Meetings attended during the financial year	Whether attended last AGM.	Other Directorships including this listed company	Other Committees Membership/ Chairmanship including this listed company
Mr. Manish Mohan Tibrewal	7	Yes	3	1
Ms. Ekta Tibrewal	8	Yes	1	3
Mr. Rajat Vijender Singhal	10	Yes	2	0
Mr. Rahul Jhunjhunwala	10	Yes	1	1
Mr. Gopal Krishna Tharad	9	Yes	1	4
Ms. Rupa Lachhiramka	10	Yes	1	3

14. SECRETARIAL STANDARDS RELATING TO THE MEETINGS

The Institute of Company Secretaries of India (ICSI) has established Secretarial Standards relating to the Meetings of the Board thereof and Annual General Meetings. Approval of the Central Government under sub-section (10) of Section 118 of the Companies Act, 2013 has been accorded to the Secretarial Standards (SS) namely SS-1 on Meetings of the Board and SS-2 on General Meetings.

15. EXTRACT OF ANNUAL RETURN

In compliance with Section 92(3) and 134(3)(a) of the Act, Annual Return is uploaded on Companys website and can be accessed at www.inm.net.in.

16. PARTICULARS OF EMPLOYEES AND REMUNERATION

Disclosures concerning the remuneration of Directors, KMPs and employees as per Section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is given in Annexure · I to this Report. Your directors affirm that the remuneration paid to Directors, KMPs and employees is as per the remuneration policy of the Company.

No employee of the Company was in receipt of the remuneration exceeding the limits prescribed under Rule 5 (2) and (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, hence, not applicable to the Company.

17. ANNUAL EVALUATION OF PEFORMANCE OF THE BOARD

Pursuant to the provisions of the Act, and SEBI Listing Regulations, 2015, the Nomination and Remuneration Committee (“NRC”) and the Board has carried out the annual performance evaluation of the Board, its Committees and individual Directors by way of individual and collective feedback from Directors. The Independent Directors have also carried out annual performance evaluation of the Chairperson, the non-independent directors and the Board as a whole.

The Company has devised a questionnaire to evaluate the performances of Executive Directors, Independent Directors, Committees and Board as whole. Such questionnaire is prepared considering the business of the Company, circumstances, organization requirements and the expectations that the Board have from each of the Directors. The above criteria are broadly based on the Guidance Note on Board Evaluation issued by the Securities and Exchange Board of India on January 5, 2017.

18. SUBSIDIARY, JOINT VENTURE AND ASSOCIATE COMPANIES

On March 31, 2025, the Company has 2 wholly owned subsidiaries namely Interiors & More LLLC-SP, Dubai (Foreign Wholly Owned Subsidiary) and INM House Pvt Ltd

(Indian Wholly Owned Subsidiary) and there has been no material change in the nature of the business of the subsidiaries. There are no associates or joint venture companies within the meaning of Section 2(6) of the Companies Act, 2013 (“Act”). Pursuant to the provisions of Section 129(3) of the Act, a statement containing the salient features of financial statements of the Companys subsidiaries in Form No. AOC-1 is annexed as Annexure-II.

Further, pursuant to the provisions of Section 136 of the Act, the financial statements of the Company, consolidated financial statements along with relevant documents and separate audited financial statements in respect of subsidiaries, are available on the Companys website at www.inm.net.in.

19. FAMILIARIZATION PROGRAMME FOR INDEPENDENT DIRECTORS:

Pursuant to Regulation 25(7) of the SEBI Listing Regulations, your Company has put in place a system to familiarize its Independent Directors with their roles, responsibilities in the Company, nature of the industry, business model, processes, policies, technology, risk management systems of the Company, operational and financial performance of the developments so as to enable them Companyandsignificant to take well informed decisions in timely manner.

During the Financial Year 2024-25, familiarization programmes were conducted and the Independent Directors were updated from time to time on continuous basis on Companys business model, risks & opportunities, significant changes in the regulations and duties and responsibilities of Independent Directors under the Act and SEBI Listing Regulations and other matters.

Further, at the time of appointment of an independent director, the Company had issued a formal letter of appointment outlining his/her role, functions, duties and responsibilities as a director.

20. DECLARATION BY INDEPENDENT DIRECTORS

The Board confirms that based on the declaration of Independence received from each Independent Director, all Independent Directors fulfill the conditions specified for independence as stipulated in Regulation 16 of the SEBI Listing Regulations, as amended, read with Section 149(6) of the Act along with rules framed thereunder and are independent of the Management. Further, the Independent Directors have also registered their names in the Databank maintained by the Indian Institute of Corporate Affairs (“IICA”), Manesar, Gurgaon as mandated in the Companies (Appointment and Qualification of Directors), Rules, 2014.

The Independent Directors have complied with the Code for Independent Directors prescribed in Schedule IV to the Act. None of the Independent Directors have any other material pecuniary relationship or transaction with the Company, its Promoters, or Directors, or Senior Management which, in their judgement, would affect their independence.

In terms of Regulation 25(8) of the SEBI Listing Regulations, they have confirmed that they are not aware of any circumstance or situation which exists or may be reasonably anticipated that could impair or impact their ability to discharge their duties with an objective independent judgement and without any external influence.

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

Further, none of the Directors are related to each other.

21. SECRETARIAL AUDIT REPORT

Pursuant to provisions of Section 204 of Companies Act, 2013 and other applicable provisions of the Act and pursuant to the recommendation of Audit Committee, the Board of Directors at its meeting held on May 28, 2024 appointed M/s. CS Satyajit Mishra, Practicing Company Secretary, (C. P. No. 4997), was appointed as the Secretarial Auditor of the Company for FY 2024-25 as per Section 204 of the Act, and rules made thereunder.

The Secretarial Audit Report is annexed in the prescribed form MR - 3 as Annexure - III and forms part of this report.

The Secretarial Audit Report does not contain any qualifications, reservations, adverse remarks or disclaimer.

22. DISQUALIFICATION OF DIRECTORS

In compliance with Section 164(2) of the Act and the Companies (Appointment and Qualification of Directors) Rules, 2014, the Company received and reviewed the Form DIR-8 from each and every Director during the financial year 2024 2025. This form certifies that none of the Directors of your Company are disqualified to hold office as a director under the provisions of Section 164(2) of the Act, nor are they barred from holding the office of a director by any order of the SEBI or any such authority in accordance with SEBI letter dated June 14, 2018, and NSE circular dated June 20, 2018 on the subject “Enforcement of SEBI orders regarding appointment of Directors by Listed Companies.”

23. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION

Your Company has a Nomination and Remuneration Policy for Directors and Senior Managerial Personnel in compliance with the provisions of Section 178 of the Act and Regulation 19 of SEBI Listing Regulations as approved by the Nomination and Remuneration Committee and the Board.

The policy is available on the website of the Company at https://inm.net.in/codes-policies.

24. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134(3)(c) read with Section 134(5) of the Act, on the basis of information placed before them, the Directors state that:

a. In the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures, if any;

b. Appropriate accounting policies have been selected and applied consistently, and the judgments and estimates that have been made are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as on 31^st March, 2025 and of the profit of the Company for the said period;

c. Proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d. The annual accounts have been prepared on a going concern basis;

e. The internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

f. There is a proper system to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

25. COMMITTEES OF OUR BOARD

The Board receives regular communication regarding policy-related issues as well as other pertinent and important information.

The following committees have been constituted in terms of

SEBI (LODR) Regulations, 2015 and the Companies Act, 2013:

Audit Committee

Stakeholders Relationship Committee

Nomination and Remuneration Committee Corporate Social Responsibility Committee Internal Complaints Committee

Audit Committee

The Audit Committee acts as a link between the Statutory and Internal Auditors and the Board of Directors where they are primarily responsible for accurate financial reporting and strong internal controls. The Audit Committee plays a major role in assisting the Board in fulfilling its oversight responsibilities of monitoring financial reporting processes, reviewing the Companys established systems and processes for internal financial controls, governance and reviewing the Companys statutory and internal audit activities.

Our Company has constituted an Audit Committee (“Audit Committee”), as per Section 177 of the Companies Act, 2013 read with its rules and Regulation 18 of the SEBI (LODR) Regulation, 2015 and adheres to the terms of reference prepared in compliance with Section 177 of Companies Act, 2013 and Regulation 18 of the SEBI (LODR) Regulation, 2015.

None of the recommendations made by the Audit Committee were rejected by the Board.

The Company Secretary & Compliance Officer of our Company shall act as the Secretary to the Audit Committee.

Meetings and Attendance of Audit Committee

As required under Regulation 18 of the SEBI (LODR) Regulation, 2015, the Audit Committee shall meet at least 4 (four) times in a year, and not more than 120 (one hundred twenty) days shall elapse between two meetings.

The Audit Committee met 5 (Five) times during the financial year 2024-25 on May 28, 2024, August 23, 2024, September 24, 2024,

November 13, 2024 and March 13, 2025 and the attendance record of the members are as follows:

Sr No Name of the member	Designation	Category	Attendance
1 Mrs. Rupa Lachhiramka	Chairman	Independent Director	5/4
2 Mr. Gopal Tharad	Member	Independent Director	5/5
3 Mr. Rahul Jhunjhunwala	Member	Executive Director & CFO	5/5

The role and responsibilities of the Audit Committee are described in the Audit Committee Policy of the Company. The policy is available on the website of the Company at https://inm.net.in/codes-policies.

Stakeholders Relationship Committee

Our Company has constituted a shareholder / investors grievance committee namely “Stakeholders Relationship Committee” to redress complaints of the shareholders. The Stakeholders Relationship Committee was constituted pursuant to the provisions of Regulation 20 of Listing Regulations and Section 178(3) of the Act.

None of the recommendations made by the Stakeholders Relationship Committee were rejected by the Board.

The Stakeholders Relationship Committee comprises:

Sr No Name of the member	Designation	Category
1 Ms. Ekta Tibrewal	Chairman	Non-Executive Director
2 Mrs. Rupa Lachhiramka	Member	Independent Director
3 Mr. Gopal Tharad	Member	Independent Director

The Company Secretary & Compliance Officer of our Company shall act as the Secretary to the Stakeholders Relationship Committee.

Tenure

The Stakeholders Relationship Committee shall continue to be in function as a committee of the Board until otherwise resolved by the Board, to carry out the functions of the Stakeholders Relationship Committee as approved by the Board.

Meetings & Attendance of Stakeholder Relationship Committee

As required under Regulation 20 of the SEBI (LODR) Regulation, 2015, The Stakeholders Relationship Committee shall meet at least 1 (one) time in a financialyear. The Chairperson of the Stakeholders Relationship Committee shall be present at the annual general meetings to answer queries of the security holders.

The Stakeholders Relationship Committee met 4 (Four) timesduringthefinancialyear 2024-25 on May 28, 2024, September 24,

2024, December 23, 2024 and March 13, 2025 and the attendance record of the members are as follows:

Sr No Name of the member	Category	Attendance
1. Ms. Ekta Tibrewal#	Non-Executive Director	1/1
2. Mrs. Rupa Lachhiramka	Independent Director	4/3
3. Mr. Gopal Tharad	Independent Director	4/4
4. Mr. Rahul Jhunjhunwala*	Non-Executive Director	3/3

*Mr. Rahul Jhunjhunwala ceased to be a member of the Committee w.e.f. January 23, 2025.

# Ms. Ekta Tibrewal was appointed as member of the Committee w.e.f. January 23, 2025.

The roles and responsibilities of the Stakeholder Relationship Committee is described in the Stakeholder relationship Policy. The policy is available on the website of the Company at https://inm.net.in/codes-policies.

The status of investor grievance redressal mechanism as required under the SEBI (LODR) Regulations, 2015 is filed with the Stock Exchange within twenty-one days from the end of each quarter a statement giving the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter and the statement is placed before the Committee and the Board periodically. There were no instances where the grievance was not solved to the satisfaction of the shareholders.

During the year, the Company did not receive any complaints from the shareholders of the Company.

Nomination and Remuneration Committee

Our Company has constituted a “Nomination and Remuneration Committee” in accordance Section 178 of Companies Act, 2013 and

Regulation 19 of Listing Regulations.

None of the recommendations made by the Nomination and Remuneration Committee were rejected by the Board.

The Nomination and Remuneration Committee comprises the following Directors:

Sr No Name of the members	Designation	Category
1. Mr. Gopal Tharad	Chairman	Independent Director
2. Ms. Rupa Lachhiramka	Member	Independent Director
3. Ms. Ekta Tibrewal *	Member	Non-Executive Director

* Ms. Ekta Tibrewal was appointed as member of the Committee w.e.f. January 23, 2025.

Tenure

The Nomination and Remuneration Committee shall continue to be in function as a committee of the Board until otherwise resolved by the Board.

Meetings

Pursuant to Regulation 19 of SEBI Listing Regulations and Nomination and Remuneration Policy of the Company, the committee shall meet at least once in a financial year in accordance with the regulations and the quorum for a meeting of the nomination and remuneration committee shall be either two members or one third of the members of the committee, whichever is greater, including at least one independent director in attendance.

The Nomination and Remuneration Committeemet6(Six)timesduringthefinancialyear 2024-25 on May 28, 2024, July 12, 2024,

September 24, 2024, September 30, 2024, December 23, 2024 and December 28, 2024 and the attendance record of the members are as follows:

Sr No Name of the member	Category	Attendance
1. Mr. Gopal Tharad	Independent Director	6/6
2. Mrs. Rupa Lachhiramka	Independent Director	6/5
3. Ms. Ekta Tibrewal#	Non-Executive Director	0/0
4. Mr. Rahul Jhunjhunwala*	Non-Executive Director	6/6

* Mr. Rahul Jhunjhunwala ceased to be a member of the Committee w.e.f. January 23, 2025.

# Ms. Ekta Tibrewal was appointed as member of the Committee w.e.f. January 23, 2025.

Company Secretary & Compliance Officer of our Company shall act as the secretary to the Corporate Social Responsibility Committee. The roles and responsibilities of the Nomination Remuneration Committee is described in the Stakeholder relationship Policy. The policy is available on the website of the Company at https://inm.net.in/codes-policies.

Corporate Social Responsibility Committee

The Company has constituted a Corporate Social Responsibility Committee (CSR Committee) pursuant to provisions of Section 135 of Companies Act, 2013. The Corporate Social Responsibility Committee shall formulate and recommend a CSR policy to the Board and the activities that the Company will engage in. The Corporate Social Responsibility Committee shall recommend the amount of expenditure to be incurred on the CSR activities to be undertaken by the company, monitor the CSR policy of the Company from time to time and establish the transparent controlling mechanism for the implementation of the CSR projects or programs or activities undertaken by the company as per the requirements of the Companies Act, 2013, Listing Agreement and SEBI LODR for

Corporate Governance.

None of the recommendations made by the CSR Committee were rejected by the Board.

The Corporate Social Responsibility Committee comprises the following members:

Sr No Name of the members	Designation	Category
1. Mr. Gopal Tharad	Chairman	Independent Director
2. Mrs. Ekta Tibrewal	Member	Non-Executive Director
3. Mr. Manish Mohan Tibrewal	Member	Managing Director

Meetings

The Corporate Social Responsibility Committee met 2 (two) times during the financial year 2024-25 on November 13, 2024 and

March 13, 2025 and the attendance record of the members are as follows:

Sr No Name of the members	Category	Attendance
1. Mr. Gopal Tharad	Independent Director	2/2
2. Ms. Ekta Tibrewal	Non-Executive Director	2/2
3. Mr. Manish Mohan Tibrewal	Managing Director	2/1

Company Secretary & Compliance Officer of our Company shall act as the secretary to the Corporate Social Responsibility Committee.

The roles and responsibilities of the Corporate Social Responsibility Committee is described in the Corporate Social Responsibility Policy. The policy is available on the website of the Company at https://inm.net.in/codes-policies.

Internal Complaints Committee

An “Internal Complaints Committee” is constituted for our Company by the Board to look into the matters concerning sexual harassment. The Internal Complaints consists of the following members.

Sr No Name	Designation	Designation in the Company
1. Mrs. Ashwini Gondlekar	Presiding Officer	Executive Assistant to MD
2. Mr. Suhas More	Member	Account manager
3. Ms. Mayuri Nandiwadekar	Member	Graphic Designer
4. Ms. Krupa Bharat Thakar	Member	Founding Member of NGO (We Can We Will)

Tenure

The President and other members of the committee shall hold office for such period, not exceeding 3 (three) years, from the date of their nomination as may be specified by the employer.

Scope

This policy is applicable to employees, workers, volunteers, probationer and trainees including those on deputation, part time, contract, working as consultants or otherwise (whether in the office premises or outside while on assignment). This policy shall be considered to be a part of the employment contract or terms of engagement of the persons in the above categories.

Where the alleged incident occurs to our employee by a third party while on a duty outside our premises, the Company shall perform all reasonable and necessary steps to support our employee.

The Company has formulated a comprehensive policy on Prevention, Prohibition and Redressal against Sexual Harassment of Women at Workplace, which is also in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (“POSH”). The said policy has been made available on the website of the Company.

Disclosure Under Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act 2013

In accordance with Rule 8(5)(x) of the Companies (Accounts) Rules, 2014, the Company hereby confirm relating to the constitution of Internal Complaint Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and states the following information related to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 for the financial year ended 31 ^st March, 2025:

Sr No Particulars	Status
1. Complaints received	NIL
2. Complaints disposed	NIL
3. Complaints pending for more than 90 days	NIL

26. CORPORATE SOCIAL RESPONSIBILITY (“CSR”)

Your Company is dedicated to add value to every individual in the country through its business by integrating societal, economic, environmental and sustainable commitments. Business practices of the Company shall contribute to make the world a better place. The main CSR objective of the Company for the financial year 2024-25 was animal welfare by providing shelter and sustenance to stray cows and cattle, to enhance the well-being of infirm, their care.

Disclosures as required under Rule 9 of the Companies (Corporate Social Responsibility Policy) Rules, 2014 are annexed to this

Report as Annexure · IV. The CSR Policy of the Company is also hosted on the website of the Company at www.inm.net.in.

27. Disclosures Under Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act 2013

Your Company has zero tolerance for sexual harassment at workplace and has formulated a comprehensive policy on Prevention, Prohibition and Redressal against Sexual Harassment of Women at Workplace, which is also in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (“POSH”). The said policy has been made available on the website of the Company.

Your Company has constituted an Internal Complaints Committee (“ICC”) under the POSH and has complied with the provisions relating to the same. All employees (permanent, contractual, temporary, trainees) are covered under this Policy.

The constitution of ICC is as per the POSH Act and includes an external member who is an independent POSH consultant with relevant experience.

In accordance with Rule 8(5)(x) of the Companies (Accounts) Rules, 2014, the Company hereby confirm the compliance of provisions relating to the constitution of Internal Complaint Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and states the following information related to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 for the financial year ended 31 ^st March, 2025:

Sr No Particulars	Status
1. Complaints received	NIL
2. Complaints disposed	NIL
3. Complaints pending for more than 90 days	NIL

28. COMPLIANCE WITH MATERNITY BENEFIT ACT, 1961

In compliance with the Companies (Accounts) Second Amendment Rules, 2025, the Company confirms applicable provisions of the Maternity BenefitAct, 1961 during the year 2024-25 and has extended all statutory benefits to eligible women employees during the year.

29. GENERAL BODY MEETINGS

I. GENERAL MEETING

A. LOCATION AND TIME, WHERE LAST THREE AGMS WERE HELD

Following table details the particulars of the last Three Annual General Meetings of the Company.

Date of Meeting	Venue	Time	Special Resolution passed
30/09/2022	Registered Office	2.30 P.M. IST	·
08/08/2023	Registered Office	2.00 P.M. IST	To consider and approve the alteration in remuneration and term of remuneration of Mr. Manish Tibrewal as managing director of the company;
			The alteration in remuneration and term of remuneration of Mr. Rajat Vijender Singhal (DIN: 09660995), executive director of the company;
			To consider and approve the remuneration of Mrs. Ekta Tibrewal (DIN: 01289275), executive director of the company.
21/09/2024	Through Video Conferencing/ Other Audio Visual Means (VC/OAVM) and Remotely at the Registered Office of the Company	2.00 P.M. IST	To consider and approve the Loan and investment by the company to subsidiary.

B. Extra Ordinary General Meeting: - No extraordinary general meeting of the members was held during FY 2024- 25.

II. Details of special resolution passed through postal ballot, the persons who conducted the postal ballot exercise, details of the voting pattern and procedure of postal ballot:

The Company sought the approval of the shareholders by way of a Special Resolution through notice of postal ballot dated December 24, 2024 for: - Change in designation of Mr. Rahul Jhunjhunwala (DIN: 00527214) from Non-Executive Director to Executive Director.

Change in designation of Mrs. Ekta Tibrewal (DIN: 01289275) from Executive Director to Non-Executive Director.

All the aforesaid resolutions were duly passed and the results of which were announced on January 23, 2025.

M/s. Satyajit Mishra (Membership No. F5759), Practicing Company Secretaries, was appointed as the Scrutinizer to scrutinize the postal ballot process by voting through electronic means only (remote e-voting) in a fair and transparent manner.

Procedure for postal ballot: The postal ballot was carried out as per the provisions of Sections 108 and 110 and other applicable provisions of the Act, read with the Rules framed thereunder and read with the General Circular nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 and subsequent circulars issued in this regard, the latest being 9/2023 dated September 25, 2023, respectively issued by the Ministry of Corporate Affair.

III. Details of special resolution proposed to be conducted through postal ballot:

None of the businesses proposed to be transacted at the ensuing AGM requires passing of a special resolution through postal ballot.

30. MEETING OF INDEPENDENT DIRECTORS

During the year under review, a meeting of the Independent Directors was held on March 13, 2025. All Independent Directors were present at the meeting to: - Review of the performance of the Non-Independent Directors and the Board of Directors as a whole.

Review the performance of the Chairman of the Company, taking into the account of the views of the Executive and Non- Executive Directors.

Assess the quality, content and timeliness of flow of information between the management and the Board that is necessary for the Board to effectively and reasonably perform its duties.

All the Independent Directors were present in the meeting.

31. POSTAL BALLOT

During the year, The Company sought the approval of the shareholders by way of a Special Resolution through notice of postal ballot dated December 24, 2024 for: -i. Change in designation of Mr. Rahul Jhunjhunwala (DIN: 00527214) from Non-Executive Director to Executive Director. ii. Change in designation of Mrs. Ekta Tibrewal (DIN: 01289275) from Executive Director to Non-Executive Director.

All the aforesaid resolutions were duly passed and the results of which were announced on January 23, 2025.

The Company provided electronic voting facility to all its members in compliance with Regulation 44 of Listing Regulations and as per the provisions of Sections 108 and 110 of the Companies Act, 2013, (the Act), read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, as amended (Rules), read with the General Circulars issued by the MCA (MCA Circulars).

The Company engaged the services of Bigshare Services Pvt Ltd., Registrar and Share Transfer Agents (RTA) of the Company for facilitating e-voting to enable the Members to cast their votes electronically. The Board of Directors had appointed M/s. Satyajit Mishra (FCS: 4997), Practicing Company Secretary as the Scrutinizer, for conducting the Postal Ballot process, in a fair and transparent manner. The Scrutiniser, after the completion of scrutiny, submitted his report to Mr. Manish Tibrewal, Managing Director, who was duly authorised by the Chairperson to accept, acknowledge and countersign the Scrutinisers Report as well as declare the voting results in accordance with the provisions of the Act, the Rules framed thereunder and the Secretarial Standard - 2 issued by the Institute of Company Secretaries of India. The results were displayed on the website of the Company and also communicated to National Stock Exchange of India Limited (NSE).

32. MATERIALCHANGESANDCOMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY

There are no material changes and commitments, affecting the financial position of the Company which have occurred between the financial year of the Company to which the financial statements relate and the date of signing of this report.

33. INSTANCES OF FRAUD, IF ANY REPORTED BY THE AUDITORS

In pursuance to the provisions of Section 143(12) of the Act, the Statutory Auditors had not reported any incident of frauds (other than those which are reportable to the Central Government) to the Board of Directors of the Company during the financial year under review.

34. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

As required under the Listing Regulation, Management

Discussion and Analysis Report is presented in the separate section and forms an integral part of the Annual Report. A detailed review of the operations, performance and future prospects of the Company and its businesses is given in the Management Discussion and Analysis Report, which forms part of this Annual Report.

35. PARTICULARS OF LOANS, GUARANTEES, OR INVESTMENTS

The details of Loans given, Investments made and guarantees given and securities provided under the Section 186 of the Companies Act, 2013 have been provided in the notes to the Financial Statements.

36. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

All transactions undertaken by the Company during the financial year 2024-25 with related parties were on arms length basis & in ordinary course of business and in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI Listing Regulations. All such related party transactions were placed before the Audit Committee for approval, wherever applicable. Further, The Company has not entered any material transactions with the related party falling under the purview of section 188 of the Companies Act, 2013.

Accordingly, the details are not required to be given under AOC-2. The Policy on materiality of related party transactions and dealing with related party transactions as approved by the Board may be accessed on the Companys website at the link: www.inm.net.in.

37. ENVIRONMENTAL LEGISLATIONS

The Company core activity is manufacturing and trading of artificial flowers, plastic loose leaves, green mates and trading of decorative items such as vases, plants, planters, wedding props, lights, furniture, fabric, chandeliers, candles, fragrance, and other related decor items and selling them domestically and internationally. We have an in-house manufacturing unit where we produce wide range of decor products. Raw materials are sourced from both domestic and international suppliers to meet our quality, design, and innovation requirements.

As our most of the raw material is plastic, provision of The Plastic Waste Management Rules, 2016, The Municipal Solid Wastes (Management and Handling) Rules, The Hazardous and other Wastes (Management & Transboundary Movement) Rules, 2016, is applicable to the company. The Company is making every effort to conserve the usage of plastic and for gainful utilization of waste and also address the waste disposal issue.

38. PARTICULARS REGARDING CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The particulars on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134(3)(m) of the Act read with Rule 8(3) of The Companies (Accounts) Rules, 2014, is described as follows: -

A. Conservation of Energy:

Your Company operates in an industry where the level of energy consumption is relatively moderate. Nevertheless, your Company remains committed to responsible energy management and sustainable operational practices, particularly in its manufacturing and warehousing activities. Conservation of energy remains an integral focus area, and the Company has adopted several initiatives to enhance energy efficiency and reduce overall consumption.

I. Steps/Measures Taken for Conservation of Energy:

The Company ensures that the operations are conducted in the manner whereby optimum utilization and maximum possible savings of energy is achieved.

II. Steps taken by the company for utilizing alternate sources of energy;

A 350 kW rooftop solar power plant was installed at the Companys Umbergaon facility located at Mamakwada,

Gujarat. This initiative is expected to reduce dependency on non-renewable power sources, lower energy costs over the long term and promote the Companys commitment to environmental sustainability by significantly reducing its carbon footprint.

III. The Capital Investment on Energy Conservation Equipments: -

In its continued efforts to enhance sustainability and reduce energy consumption from conventional sources, the Company capital investment in renewable energy hasmadea significant infrastructure during the year under review.

A 350 kW Solar Power Plant has been installed at the Companys Umbergaon Unit, located at Mamakwada, Gujarat, at a total cost of Rs. 122.50 lakhs.

This said investment is expected to reduce dependency on non-renewable power sources, lower energy costs over the long term and promote the Companys commitment to environmental sustainability by significantly reducing its carbon footprint.

B. Technology Absorption (R&D, Adaptation and Innovation):

I. Efforts, in brief, made towards technology absorption, adaptation and innovation: i. Upgradation of machinery and equipment at the manufacturing units to improve production accuracy, reduce material wastage, and ensure consistency in quality.

II. Benefits derived as a result of the above efforts: i. Enhanced production accuracy resulting in higher consistency andfewerdefectsinthefinal . products ii. Reduction in material wastage, leading to cost savings and improved environmental sustainability. iii. Improved speed and efficiency of manufacturing processes, enabling higher throughput and meeting increased demand. iv. Better product finish and quality, strengthening brand reputation in both domestic and international markets. v. Lower maintenance downtime, leading to better asset utilization and continuous operations. vi. Upgrade of existing products.

III. in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)-

Not applicable.

IV. Expenditure incurred on Research and Development: NIL

C. Foreign Exchange Earnings and Outgo:

The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange outgo during the year in terms of actual Outflows: -

(in lakhs)

Particulars	2024-25	2023-24
Foreign Exchange Earnings	75.47	-
Foreign Exchange Outgo	1343.02	748.96
Foreign Exchange Gain	7.79	2.32

39. RISKS MANAGEMENT

The Company has established a comprehensive Risk Management Policy that encompasses risk mapping, trend analysis, risk exposure assessment, potential impact evaluation, and a structured risk mitigation process. A detailed exercise is undertaken to identify, evaluate, manage, and monitor both business and non-business risks. The Board periodically reviews these risks and recommends measures to control and mitigate them through a well-defined framework. While market conditions are expected to remain competitive, the Companys future success will depend on offering improved products through technological innovation and enhanced productivity. The Company continues to invest in these areas to maintain its competitive edge.

At Interiors and More Ltd., we believe that effective risk management is integral to achieving our strategic objectives and ensuring business continuity in a dynamic and competitive environment. As one of Indias leading wholesalers and retailers of artificial flowers and decor products, our business is exposed to a wide range of risks including market fluctuations, supply chain vulnerabilities, operational challenges, regulatory changes, and reputational concerns.

Recognizing this, we have established a comprehensive risk management framework that is aligned with industry best practices and tailored to the unique nature of our operations. The Company has implemented a risk management and internal control framework commensurate with its size. Efforts are ongoing to strengthen this framework further. Detailed discussions on the risks faced by the Company and their mitigation strategies are provided in the Management Discussion and Analysis report, which forms part of the Annual Report.

40. DETAILS RELATING TO DEPOSITS, COVERED UNDER CHAPTER V OF THE COMPANIES ACT 2013

During the year under review, The Company has not accepted any deposit from the public/ members pursuant to Section 73 and Section 76 of the Act read with the Companies (Acceptance of Deposits) Rules, 2014, as amended from time to time, and hence as on March 31, 2025, there are no deposits outstanding, except as required statutorily and which have been unclaimed at the end of the year under review.

41. DETAILS RELATING TO DEPOSITS, WHICH ARE NOT IN COMPLIANCE WITH THE REQUIREMENTS UNDER CHAPTER V OF THE COMPANIES ACT 2013

During the year under review the Company has not accepted any Deposits within the ambit of Section 73 Chapter V of Companies Act, 2013 read with The Companies (Acceptance of Deposits) Rules, 2014.

42. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS

During the year under review, significantand there are no material orders passed by the regulators/courts or tribunals that could impact the going concern status and operations of the Company in future.

43. INTERNAL FINANCIAL CONTROL & THEIR ADEQUACY

The Company has a proper and adequate system of internal controls, commensurate with the size scale and complexity of its operations. These have been designed to provide reasonable assurance with regard to recording and providing reliable financial and operational information, complying with applicable statutes, safeguarding assets from unauthorized use, executing transactions with proper authorization and ensuring compliance with corporate policies. In addition, there are operational controls and fraud risk controls, covering the entire spectrum of internal financial controls.

To maintain the objectivity and independence, the Internal Audit function carried out by the Internal Auditor of the Company reports to the Chairman of the audit committee of the Board and to the Chairman and Managing Director.

The internal Audit department monitors and evaluates the efficiency and adequacy of the internal control system in the Company, its compliance with operating systems, accounting procedures and policies at all locations of the Company. Based on the report of internal audit functions, process owner undertakes corrective actions in their respective areas and thereby strengthenthecontrols.Significantaudit observations and recommendations along with corrective actions thereon are presented to the audit committee of the Board.

Adequacy of internal financial controls with reference to the financial statements

The Company has internal Auditors and the Audit Committee in place to take care of the same. During the year, the Company continued to implement their suggestions and recommendations, if any to improve the internal control environment. Their scope of work includes review of processes for safeguarding the assets of the Company, review of operationalefficiency,effectiveness of systems and processes, and assessing the internal control strengths in all areas. Internal Auditors findings are discussed with the process owners and suitable corrective actions taken as per the directions of Audit Committee on an ongoing basis to improve efficiency in operations.

44. AUDITORS & REPORT OF THE AUDITORS STATUTORY AUDITOR

Pursuant to Section 139 of the Act read with rules made thereunder, as amended, M/s. Jay Gupta and Associates, Chartered Accountants (Firm Registration No. 329001E), were appointed as the Statutory Auditors of the Company for a term of five years beginning from the conclusion of 11^th Annual General Meeting held on till the conclusion of 16^th Annual General Meeting (AGM) to be held in the financial year 2028-29.

As per the provisions of Section 139 of the Act, they have given their consent for the appointment and confirmed that the appointment, if made, would be in accordance with the conditions as prescribed under the Act and applicable Rules.

The Statutory Auditors have confirmed that they are not disqualified to continue as Statutory Auditors and are eligible to hold office as Statutory Auditors of your Company. There are no qualifications, reservations or adverse remarks or disclaimers made by Jay Gupta and Associates. (Firm Registration No. 329001E), Statutory Auditors, in their Report on the accounts of the Company for the year under reference. The observations made by them in their Report are self-explanatory and do not call for any further clarifications from the Board.

The Notes to the financial statements referred in the Auditors Report are self-explanatory. The Auditors Report is enclosed with the financial statements forming part of this Annual Report.

45. COST AUDITORS

The Board of Directors has not appointed Cost Auditor owing to non-applicability to appoint Cost Auditor in the Company specified by the Central Government under sub-section (1) of section 148 of the Act and accordingly such accounts and records are not made and maintained.

46. INTERNAL AUDITORS

Pursuant to provisions of section 138 of the Companies Act, 2013 and other applicable provisions, if any, of the Act, pursuant to the recommendation of the Audit Committee of the Company, the Board of Directors at its meeting held on May 28, 2024 has approved the appointment of M/s. Pankaj O

Goyal & Co., Chartered Accountant, (Registration No.111994) as the Internal Auditors of the Company for the Financial Year 2024-25.

The Internal Auditors report their findings on the internal audit of the Company, to the Audit Committee on a periodic basis. The scope of internal audit is approved by the Audit Committee.

There are no qualifications, reservations or adverse remarks or disclaimers made by M/s. Pankaj O Goyal & Co., in their report.

There were no serious observations found during the audit period from April 01, 2024 to March 31, 2025.

47. VIGIL MECHANISM/ WHISTLER BLOWER POLICY

Over the years, your Company has built a reputation for conducting business with integrity, maintaining a zero-tolerance policy towards unethical behaviors, thereby fostering a positive work environment and enhancing credibility among stakeholders.

The Company has a Vigil Mechanism/Whistle Blower Policy in line with the provisions of the Section 177 of the Companies Act, 2013 read with Regulation 22 of Listing Regulations. This policy provides adequate safeguards against unfair treatment to its employees and various stakeholders and also provides for direct access to the Chairman of the Audit Committee in exceptional cases. It also assures them of the process that will be observed to address the reported violation, further the protected Disclosures and other communication can be made in writing by an e-mail addressed to Chairman of the Audit Committee. The Policy also lays down the procedures to be followed for filing complaints, conducting investigations and taking disciplinary actions. It also provides assurances and guidelines on confidentiality of the reporting process and protection from reprisal to complainants. The Audit Committee oversees the functioning of this policy and no personnel have been denied access to the Audit Committee of the Board.

We confirm that during the financial year 2024-25, no employee of the Company was denied access to the Audit Committee. The said Whistle Blower Policy is available on the website of the Company at www.inm.net.in.

48. TRANSFER OF AMOUNT TO INVESTOR EDUCATION AND PROTECTION FUND

Our Company did not have any funds lying unpaid or unclaimed for a period of seven years. Therefore, the Company was not required to transfer the equity shares/unclaimed dividend to Investor Education and Protection Fund (IEPF) pursuant to provisions of Section 124 and 125 of the Act.

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

There was no application made and proceeding initiated / pending under the Insolvency and Bankruptcy Code, 2016, by any Financial and/or Operational Creditors against your Company during the year under review. As on the date of this report, there is no application or proceeding pending against your Company under the Insolvency and Bankruptcy Code, 2016.

50. DIFFERENCE IN VALUATION DONE FOR ONE-TIME SETTLEMENT AND VALUATION DONE WHILE TAKING A LOAN FROM BANKS OR FINANCIAL INSTITUTIONS

During the year under review, your Company has not entered into one-time settlement with any Bank or financial institution.

51. HEALTH, SAFETY AND ENVIRONMENT PROTECTION

The Companys Health and Safety Policy commits to comply with applicable legal and other requirements connected with occupational Health, Safety and Environment matters and provide a healthy and safe work environment to all employees of the Company.

52. WEBSITE

In compliance with Regulation 46 of Listing Regulations, the company maintains a fully functional website with the domain name https://www.inm.net.in. The website serves as a comprehensive source of basic information about our company.

53. CAUTIONARY STATEMENT

The annual report including those which relate to the directors report, management discussion and analysis report may contain certain statements on the Companys intent expectations or forecasts that appear to be forward-looking within the meaning of applicable securities laws and regulations while actual outcomes may differ materially from what is expressed herein.

54. ACKNOWLEDGEMENT

Our directors wish to place on record their appreciation and sincere thanks to the State Governments, Government agencies, Banks & Financial Institutions, customers, shareholders, vendors and other related organizations, who through their continued support and co- operation have helped, as partners in the Companys progress. Our directors, also acknowledge the hard work, dedication and Commitment of the employees.

	For and on behalf of the Board of Directors
	INTERIORS & MORE LIMITED
	sd/-	sd/-
	Manish Mohanlal Tibrewal	Rahul Jhunjhunwala
Date: 19/08/2025	Managing Director	Director & Chief Financial Officer
Place: Mumbai	DIN: 05164854	DIN: 00527214