Likhitha Infrastructure Ltd Directors Report

To

The Members,

LIKHITHA INFRASTRUCTURE LIMITED

Your Directors are pleased to present the 26^th (Twenty Sixth) Annual Report of Likhitha Infrastructure Limited ("the Company") together with the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2025.

Financial Highlights

Key highlights of the financial performance of the Company for the year ended March 31, 2025 are summarized below:

( in Lakhs)

Particulars	Standalone		Consolidated
	2024-25	2023-24	2024-25	2023-24
Revenue from Operations	51221.54	42209.31	52008.60	42168.14
Other Income	569.54	608.92	517.73	517.69
Total Revenue	51791.08	42818.23	52526.33	42685.83
EBITDA	10034.84	9884.00	10070.55	9870.43
Finance costs	112.77	135.43	112.77	135.43
Depreciation and Amortization Expenses	593.41	767.47	593.41	767.47
Profit before tax	9328.66	8981.10	9364.37	8967.53
Current Tax	2380.67	2424.77	2410.51	2491.57
Deferred Tax Asset	11.00	(46.73)	11.00	(46.73)
Profit after	6936.99	6603.06	6942.85	6522.69
Basic Earnings per Share ( )	17.58	16.74	17.57	16.58
Diluted Earnings per Share ( )	17.58	16.74	17.57	16.58
*Paid-up share capital (face value of 5/- each)	1972.50	1972.50	1972.50	1972.50
Other Equity	35389.88	29044.13	35322.13	28980.58

Financial Performance

Standalone Turnover

During the year under review, the standalone income of the Company increased to 51,221.54 lakhs, compared to 42,209.31 lakhs in the previous year, registering a growth of 21.35%.

The standalone net profit after tax increased to

6,936.99 lakhs compared to 6,603.06 lakhs in the previous year, representing a growth of 5.06%. The standalone Earnings per share stood at 17.58 on face value of 5/- each.

Consolidated Performance

During the year under review, the consolidated income of the Company increased to 52,008.60 lakhs, compared to 42,168.14 lakhs in the previous year, registering a growth of 23.34%.

The consolidated net profit after tax increased to

6,942.85 lakhs compared to 6,522.69 lakhs in the previous year, representing a growth of 6.44%.

The consolidated Earnings per share stood at 17.57 on face value of 5/- each.

Change in Nature of Business

During the year under review, there was no change in the existing nature of the Companys business operations. However, the "Main Object" clause of the MOA was amended by inserting new sub-clauses the shareholders of the Company, by passing a Special Resolution through Postal Ballot on April 25, 2025, have approved the adoption of new business activities. The Company has expanded its scope to include renewable and non-renewable energy sectors in addition to the existing business activities.

Subsidiaries, Associates and Joint Ventures

As on March 31, 2025, the Company has one Subsidiary- Likhitha Hak Arabia Contracting Company and One Joint Venture- CPM-Likhitha Consortium.

There has been no change in the nature of the business of the subsidiary and joint venture entities. During the year under review, no Company has become or ceased to be a subsidiary, joint venture or associate of the Company.

During the period, none of the subsidiaries of the

Company qualifies as a Material Subsidiary as per the Listing Regulations and Companys policy for determining Material Subsidiaries. The policy is available on the Companys website at https:// www.likhitha.co.in/img/content/policies/Policy_for_ Determination_of_Material_Subsidiaries.pdf.

In accordance with Section 129(3) of the Companies Act, 2013, read with the Companies (Accounts) Rules,

2014, the salient features of the financial statements of the Companys Subsidiary, Associate, and Joint Venture are provided in Form AOC-1, attached as

Annexure-I to this Report.

Consolidated Financial Statements

As per SEBI (LODR) Regulations, 2015 and the Companies Act, 2013 read with relevant accounting standards, the Company has prepared the

Consolidated financial statements.

The audited financial statements (both Standalone and Consolidated) together with the Auditors Report form part of this Annual Report and separate financial statements of the subsidiary company are available on the website of the Company at https:// www.likhitha.co.in/annual_report.html

Transfer to Reserves

The closing balance of the Companys retained earnings for FY 2024-25, after making all appropriations and adjustments, stood at 35,342.11 lakhs. During the year under review, no amount has been transferred to the General Reserve of the Company.

Dividend

The Board of Directors has not recommended any dividend for the FY 2024-25.

In accordance with Regulation 43A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), the Board of Directors of the Company have adopted a Dividend Distribution Policy. The policy is available on the Companys website at https://www.likhitha.co.in/ img/content/policies/Dividend_Distribution_Policy. pdf.

Investor Education & Protection Fund (IEPF)

In accordance with the provisions of Sections 124, 125 and other applicable provisions, if any, of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (hereinafter referred to as "IEPF Rules") (including any statutory modification(s) thereof for the time being in force), the amount of dividend remaining unclaimed or unpaid for a period of seven consecutive years from the date of transfer to the Unpaid Dividend Account is required to be transferred to the Investor Education and Protection Fund ("IEPF") maintained by the Central Government. Your Company does not have any unpaid / unclaimed dividend or shares relating thereto which is required to be transferred to the IEPF till the date of this Report. Details of balance in Unpaid Dividend Account as on March 31, 2025, are given below:

( in Lakhs)

S. No. Particulars	Balance amount as on 31.03.2025
1 Final Dividend for FY 2023-24	0.61
2 Final Dividend for FY 2022-23	0.44
3 Final Dividend for FY 2021-22	0.26
4 Interim Dividend for FY 2021-22	1.20
5 Final Dividend for FY 2020-21	1.45
Total Outstanding Amount as on March 31, 2025	3.96

Shareholders are informed that once an unclaimed dividend is transferred to IEPF, no claim shall lie in respect thereof with the Company. The details of unclaimed dividend are available on the Companys website at http://www.likhitha.co.in/unclaimed_ dividends.html.

Ms. Pallavi Yerragonda, Company Secretary and offic Company acts as Nodal Compliance Officer.

Material Changes and Commitments, affecting the financial position of the

Company

There are no material changes and commitments have occurred subsequent to the end of the financial year of the Company to which the financial statements relate and till the date of the report, which will have an impact on the financial position of the Company.

Deposits

During the year under review, the Company has not accepted any deposits pursuant to the provisions of Sections 73 and 76 of the Companies Act, 2013 and re-enactment(s) rules made thereunder.

Particulars of Loans, Guarantees and

Investments

Pursuant to Section 186 of the Companies Act,

2013 and Schedule V of the Listing Regulations, disclosure on particulars relating to Loans, Advances, Guarantees, and Investments as on March 31, 2025, are provided in Notes to the financial statements of the Company.

Contracts and Arrangements with Related Parties

During the Year under review, all contracts / arrangements / transactions entered by the Company with related parties were in the ordinary course of business and on an arms length basis which were approved by the audit Committee and the Board from time to time. The particulars of such contracts or arrangements with related parties are enclosed in Form AOC-2 as "Annexure-II" to this report. Further details of related party transactions are provided in Notes to Financial Statements (both Standalone and Consolidated).

The policy on dealing with RPT as approved by the Board is uploaded on the Companys website at https://www.likhitha.co.in/img/content/policies/ New_Related_Party_Transaction_Policy.pdf.

Outlook and Future Plans

"Management Discussion and Analysis" contains a separate section on the Companys outlook and future plans and members may please refer to the same on this.

Share Capital

During the year under review, there was no change in the authorized and paid-up share capital of the Company. The authorized share capital of the Company is 21,60,00,000/- (Rupees Twenty-One Crores Sixty Lakhs only) divided into 4,32,00,000 (Four Crores Thirty-Two Lakhs) equity shares of 5/- (Rupees Five only) each and the paid-up share capital of the Company is 19,72,50,000/- (Rupees Nineteen Crores Seventy-Two Lakhs Fifty Thousand only) comprising 3,94,50,000 (Three Crore Ninety-Four Lakhs Fifty Thousand) equity shares of 5/- (Rupees Five only) each.

During the year under review, the Company has neither issued any shares with differential voting rights nor granted any stock options or sweat equity shares.

Employees Stock Option Scheme

There is no employees stock option scheme being implemented by the Company.

Board of Directors and Key Managerial

Personnel

As on March 31, 2025, the Board comprises of Seven (07) Directors viz., Four (04) Independent Directors including One Woman Independent Director, One (01) Non-Executive Non-Independent Director and Two (02) Executive Directors.

Retirement by rotation and subsequent reappointment

In accordance with the provisions of Section 152 and other applicable provisions, if any, of the Act and the Articles of Association of the Company, Mrs. Sri Lakshmi Gaddipati (DIN: 02250598), Non-Executive Director of the Company, is liable to retire by rotation at the ensuing Annual General Meeting and being eligible has offered herself for re-appointment.

The resolution for the re-appointment of Mrs. Sri Lakshmi Gaddipati is being placed for the approval of the shareholders of the Company at the ensuing AGM.

Appointment / Re-appointment

Based on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the members of the Company at 25th Annual General Ameeting held on September 24, 2024 have re-appointed Mrs. Likhitha Gaddipati (DIN: 07194259) as Whole Time Director of the Company for a further term of 3 years commencing from August 11, 2024 to August 10, 2027.

Independent Directors

The Company has received declarations from all the Independent Directors as required under section 149(6) of the Companies Act, 2013 along with Rules framed thereunder and Regulation 16(1)(b) of the Listing Regulations stating that they meet the criteria of independence. There has been no change in the circumstancesaffecting their status as independent directors of the Company.

The Board has reviewed the integrity, expertise, experience, and the requisite proficiency of the independent directors and confirmed that the Independent Directors fulfill the conditions specified in the SEBI Listing Regulations and are independent of the management and the same is given in the Corporate Governance Report.

As prescribed under Listing Regulations and pursuant to Section 149(6) of the Companies Act, 2013 the particulars of Non-Executive Independent Directors (as on the date of signing this report) are as under:

1. Mr. Venkata Sehsha Talpa Sai Munupalle

2. Mr. Sivasankara Parameswara Kurup Pillai

3. Mr. Venkatram Arigapudi 4. Ms. Jayashree Voruganty

Directors and Officers Insurance (‘D&O)

As per the requirements of Regulation 25 (10) of the SEBI Listing Regulations, the Company has taken D&O Insurance for all its Directors of the Company.

Key Managerial Personnel

In accordance with the provisions of Section(s) 2(51) and 203 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 the following are the Key Managerial Personnel of the Company as on March 31, 2025:

No. KMP	Designation
1 Mr. Srinivasa Rao Gaddipati	Managing Director
2 Mrs. Likhitha Gaddipati	Whole Time Director and Chief Financial Officer
3 Mr. Sudhanshu Shekhar	Chief Executive Officer
4 Ms. Pallavi Yerragonda	Company Secretary and Compliance Officer

During the year under review, there are no changes in the Key Managerial Personnel of the Company.

Meetings of the Board

During the year under review, 5 (Five) Meetings of the Board were held as per the Standards as set forth in the Secretarial Standard – I. The maximum gap between two consecutive board meetings was within the period as prescribed under the provisions of the Companies Act, 2013.

Details of the meetings of the Board along with the attendance of the Directors therein have been disclosed as part of the Corporate Governance Report forming part of this Annual Report.

Committees of the Board

As on March 31, 2025, the Board has five (5) committees and has constituted the following committees

Audit Committee

Nomination and Remuneration Committee

Stakeholders Relationship Committee

Corporate Social Responsibility Committee

Risk Management Committee

During the year, all recommendations of the Committees were accepted by the Board.

A detailed note on composition, attendance, powers, roles, terms of reference of the Committees are included in the Corporate Governance Report which forms part of this Annual Report.

Policy on Directors Appointment and Remuneration and other Details

The Nomination and Remuneration Committee has adopted a policy as per Section 178(3) of the Companies Act, 2013 for determination of remuneration and the manner of selection of the Board of Directors, Senior Management and Key

Managerial personnel of the Company. The Policy is available on the Companys website at http://www. likhitha.co.in/investors.html.

Criteria for selection of Non-Executive Director

The Non-Executive Directors shall be of high integrity with relevant expertise and experience in the fields of Service Industry, Manufacturing,

Marketing, Finance and Taxation, Law, Governance and General Management.

In case of appointment of independent directors, the committee shall satisfy itself with regard to the criteria of independence of the directors vis-?-vis the company so as to enable the board to discharge its function and duties

The committee shall ensure that the candidate identified for appointment as a director is not disqualified for appointment under Section 164 of

Companies Act, 2013.

The committee shall consider the following attributes, whilst recommending to the board the candidature for appointment as director:

- Qualification, expertise and experience of the directors in their respective fields;

- Personal, professional or business standing;

- Diversity of the Board;

- In case of re-appointment of Non-Executive Directors, the Board shall take into consideration the performance evaluation of the Directors and their engagement level;

Remuneration

The Non-Executive Directors shall not be entitled to receive remuneration except by way of sitting fees, reimbursement of expenses for participation in the board/committee meetings and commission, if any, as approved by the Board of Directors. The independent directors of the company shall not be entitled to participate in the Stock Option Scheme of the company. The aggregate commission payable if any to the Non-Executive Directors will be within the statutory limits.

Criteria for selection / appointment of Executive Directors, CS, CEO and CFO

For the purpose of selection of the Executive Directors, CEO, CFO and CS the Committee shall identify persons of integrity who possess relevant expertise, experience and leadership qualities required for the position. The Committee will also ensure that the incumbent fulfills such other criteria with regard to age and other qualifications as laid down under Companies

Act, 2013, or other applicable laws.

Remuneration to Managing Director and Executive Directors

At the time of appointment or re-appointment, the Executive Director and Managing Director shall be paid such remuneration as may be mutually agreed between the Company (which includes the Committee and the Board of Directors) and the remuneration of Executive Director / Managing Director, within the overall

. limits prescribed under the Companies Act, 2013.

The remuneration shall be subject to the approval of the members of the Company in the General Meeting in compliance with the provisions of the Companies Act, 2013.

Remuneration Policy for the Senior Management Employees including CEO, CFO & CS

In determining the remuneration of Senior Management Employees, the committee shall ensure/consider the following:

The relationship between remuneration and performance benchmark.

The balance between fixed and variable pay reflectsshort and long-term performance appropriate to the working of the company and its goals, as mutually agreed.

Familiarisation Program for Independent Directors

All Independent Directors are familiarised with the operations and functioning of the Company at the time of their appointment and on an ongoing basis. They are given full access to interact with Senior Management personnel and Heads of Departments. During FY 2024–25, the Company conducted a Familiarisation Program for Independent Directors covering an overview of the Companys business, its key policies, and the roles and responsibilities of Independent Directors. Senior personnel made presentations on the nature of the Industry, business model, market dynamics, industry scenario, risk management, and regulatory aspects affecting business activities. Independent Directors are also provided with relevant documents, reports, and internal policies as required or requested, to help them develop a thorough understanding of the Companys affairs and contribute effectively to the Board deliberations.

The details of such Familiarisation Program and other disclosures, as specified under the Listing regulations, are available on the Companys website at https://www.likhitha.co.in/code_of_conduct.html

Performance Evaluation

The Board of Directors has carried out an annual performance evaluation of Individual Directors including chairman of the Company, Board as a whole and its committees thereof, pursuant to the provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Performance evaluation criteria is determined by the Nomination and Remuneration Committee.

A structured questionnaire was prepared to evaluate the performance after seeking inputs from the Directors, covering various aspects of the Boards functioning such as adequacy of the composition of the Board and its Committees, Board culture, execution and performance of specific duties, obligations, and governance.

A separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board, who were evaluated on parameters such as level of engagement and contribution at meetings, independence, safeguarding the interest of the Company and its minority shareholders etc.

The performance evaluation of the Independent Directors was carried out by the entire Board (excluding the Director being evaluated), after seeking inputs from all the directors on the effectiveness and contribution of the Independent

Directors. The Process and criteria evaluation of Performance of Independent Directors is explained in Corporate Governance report which forms part of the Annual Report.

The performance of the Committees was evaluated by the Board after seeking inputs from the Committee members based on criteria such as the composition of Committees, effectiveness of Committee meetings, etc.

The Board reviewed the performance of individual Directors based on the contributions made during the Board and Committee meetings.

In a separate meeting of Independent Directors, performance of Non-Independent Directors, and the performance of the Chairman was evaluated, taking into account the views of executive directors and non-executive directors. The Independent Directors also assessed the quality, frequency, and timeliness of between the Board and the management that is necessary for effective performance.

The Board of Directors has expressed their satisfaction with the evaluation process.

Particulars of Employees and Related Disclosures

The information required under Section 197(12) of the Companies Act, 2013 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including amendments thereto), is enclosed as "Annexure-III" to this Report.

Directors Responsibility Statement

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their knowledgeandability,confirm i) in the preparation of the annual accounts for the financial year ended March 31, 2025, the applicable accounting standards have been followed along with proper explanation relating to material departures. ii) The directors have selected such accounting policies and applied them consistently and made judgments and estimates that 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; iii) The directors have taken proper deficiencies and in the designsufficient 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; iv) The directors have prepared the annual accounts on a going concern basis; v) The directors have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and are operating effectively; vi) The directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

Adequacy of Internal Financial Controls with Reference to the Financial Statements

The Company has established a framework of internal financial controls at the entity level, aimed at ensuring the orderly and efficient conduct of its of information business operations. These controls are designed to ensure adherence to the Companys policies and procedures, safeguard its assets, prevent and detect frauds and errors, ensure the accuracy and completeness of accounting records, and enable the timely preparation and reporting of reliable financial information.

The Company actively monitors changes to Accounting Standards, the Act, and other applicable regulations, making necessary adjustments to underlying systems, processes, and financial controls to ensure compliance. The Audit Committee also regularly assesses the adequacy and effectiveness of the internal control systems and provides guidance for further enhancements.

As part of the control environment, the Company has implemented a detailed Risk Assessment and Control Matrix (RACM) covering all key processes related to financial reporting, and the effectiveness of these controls is periodically tested for both design and operational

Based on the reports and assurances received from internal and external auditors, as well as management evaluations, the Board of Directors confirms that the internal financial be adequate and operating effectively throughout the year ended March 31, 2025. Furthermore, the financial statements have been prepared in compliance with the applicable Indian Accounting Standards (Ind AS), and no material weaknesses or significant internal financial controls were observed during the year under review.

Corporate Social Responsibility (CSR)

The Board of Directors has constituted the Corporate Social Responsibility (CSR) Committee in accordance with the provisions of section 135 of the Companies

Act, 2013. The CSR Committee confirms that the implementation and monitoring of the CSR Policy was done in compliance with the CSR objectives and policy of the Company.

During the financial year 2024-25, the Company has spent 153.00 Lakhs towards CSR expenditure. The Company has contributed CSR funds were aligned with Schedule VII of the Companies Act, 2013.

The Policy on Corporate Social Responsibility is available on the Companys website at https:// www.likhitha.co.in/img/content/CSR/CSR_Policy. pdf. The Annual Report on CSR activities undertaken during the year as required under the Companies (Corporate Social Responsibility Policy) Rules, 2014 are enclosed as ‘Annexure-IV to this report. For other details regarding the CSR Committee, please refer to the Corporate Governance Report, which is a part of this report.

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

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134(3) (m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts)Rules, 2014, is enclosed as "Annexure-V" to this report.

Risk Management

The Company has formulated a Risk Assessment and Management Policy and has in place a mechanism to identify various elements of risks, which, in the opinion of the Board, may threaten the existence of. the Company and contains measures to mitigate the same.

The Board of Directors has been constituted Risk Management Committeecontrols in in complianceplace were with provisions of Regulation 21 of SEBI (LODR) Regulations, 2015 to monitor and review the risk management plan, process and mitigation of internal and external risks. The Company periodically reviews Risk Management Policy and improves adequacy and effectiveness of its risk management systems.

The Risk Assessment and Management Policy of the Company is available on the Companys website at https://www.likhitha.co.in/img/content/policies/ Risk_Assessment_and_Management_Policy.pdf

Vigil Mechanism

In pursuance to the Provisions of the Section 177(9) & (10) of the Companies Act, 2013, and Regulation 22 of SEBI (LODR) Regulations, 2015, the Company has established a Vigil mechanism by framing a policy named as "Likhitha Whistle Blower Policy" for Directors and employees to report genuine concerns or grievances. The policy on vigil mechanism is available on the Companys website at https:// likhitha.co.in/img/content/policies/Whistle_Blower_ Policy.pdf.

The policy lays down a framework and process, which provides a platform to disclose information, confidentially and without fear of reprisal or victimization, where there is reason to believe that there has been serious malpractice, fraud, impropriety, abuse or wrongdoing, grievances about leakage of unpublished price sensitive information (UPSI), illegal and unethical behavior within the Company to the Chairman of the Audit Committee.

Auditors and Auditors Report

Statutory Auditors

Based on the recommendation of the Audit Committee and Board of Directors, the members of the Company at the 25^th AGM held on September

24, 2024 have appointed M/s. NSVR & Associates LLP as the Statutory Auditors of the Company for a second term of 5 (five) years commencing from the conclusion of the 25^th Annual General Meeting until the conclusion of the 30^th Annual General Meeting to be held in the year 2029.

M/s. NSVR & Associates LLP have confirmedthat they hold a valid certificate issued by the Peer Review

Board of the Institute of Chartered Accountants of

India (ICAI) and are eligible to continue to hold office in accordance with the applicable provisions of the Companies Act, 2013 and rules made thereunder.

The Statutory Auditors have issued an unmodified opinion on the financial statements for the financial year 2024-25 and the Statutory Auditors Report forming part of this Annual Report.

Secretarial Auditors

Pursuant to the provisions of regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) and material orders passed

Regulations, 2015 and Section 204 of the Act, read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and based on the recommendations of the Audit Committee, the Board of Directors at their meeting held on May

20, 2025, have appointed M/s. VCAN & Associates (Peer Review Certificate No.6565/2025), Practicing

Company Secretaries, Hyderabad as the Secretarial

Auditors of the Company for a term of five (5) consecutive years commencing from FY 2025-26 till FY 2029-30, subject to approval of the Members at the ensuing Annual General Meeting (AGM).

M/s. VCAN & Associates have consented to act as the Secretarial Auditor of the Company and confirmed that they were not disqualified to be appointed as the

Secretarial Auditor under the applicable provisions of the Act, rules made thereunder, and SEBI Listing Regulations.

The Secretarial Audit Report for the Financial Year ended March 31, 2025, issued by M/s. VCAN &

Associates in Form MR-3, forms part of this Report as Annexure-VI. There were no qualifications, reservation, or adverse remark or disclaimer made by Secretarial Auditor in their report.

Internal Auditors

Based on the recommendations of the Audit Committee, the Board of Directors at their meeting held on May 20, 2025, have re-appointed M/s. Mukul

Tyagi & Associates, Chartered Accountants as Internal

Auditors of the Company for the financial year 2025-

26. There were no adverse observations or remarks or disclaimer made by the Internal Auditors in their report for the financial year ended March 31, 2025.

Reporting of Frauds

During the year under review, there was no instance of fraud, misappropriation which required the Auditors to report to the Audit Committee and/or Board under Section 143(12) of the Companies Act, 2013 and the rules made thereunder.

Secretarial Standards

Your Company has appropriate systems to ensure compliance with provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

Material Orders Passed by the Regulators

There are no significant by the Regulators or Courts or Tribunals impacting the going concern status of the Company and its operations in the future.

Annual Return

In accordance with the provisions of Section 92 and Section 134 of the Companies Act, 2013 read with Rule 12(1) of the Companies (Management and Administration) Rules, 2014, (as amended), the

Annual Return for the financial year ended March 31,

2025 is available on the website of the Company at http://www.likhitha.co.in/annual_returns.html

Management and Discussion Analysis

Pursuant to the provisions of Regulation 34(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 a report on Management Discussion & Analysis is presented in a separate section forming part of this annual report.

Corporate Governance

Your company practices best corporate governance procedures to uphold the true spirit of law, integrity, and transparency by adhering to our core values with an objective to maximize stakeholders value. The Report on Corporate Governance, pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as

Annexure-VII and a certificate obtained from the

Secretarial Auditors confirming compliance with

Corporate Governance requirements as provided in the aforesaid Regulations is annexed to this report.

Business Responsibility and Sustainability Report

The Business Responsibility and Sustainability Report ("BRSR") of your Company for the year ended March 31, 2025 forms part of this Annual Report as required under Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as Annexure – VIII.

Listing of Equity Shares

The Companys equity shares are listed on the following Stock Exchanges:

(i) BSE Limited, Phiroze JeeJeebhoy Towers, Dalal

Street, Mumbai - 400 001, Maharashtra, India; and (ii) National Stock Exchange of India Limited, Exchange Plaza, Floor 5, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India.

The Company has paid the Annual Listing Fees to the said Stock Exchanges for the Financial Year 2025-26.

Prevention of Sexual Harassment of Women at Workplace Policy

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

The Company has duly constituted an Internal Complaints Committee (ICC) as required under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

The present composition of ICC is as under:

Mrs. Sri Lakshmi Gaddipati - Presiding Officer

Mrs. Likhitha Gaddipati - Member

Ms. Pallavi Yerragonda - Member

Mr. Venkata Prabhakar Rao Talluri - Member

The following is a summary of sexual harassment complaints received and disposed off during the year:

S. No. Particulars	Status of the No. of complaints received and disposed
1 Number of complaints on Sexual harassment received in the year	Nil
2 Number of Complaints disposed off during the year	Nil
3 Number of cases pending for more than ninety days	Not Applicable
4 Number of workshops or awareness programmes against sexual harassment carried out	The Company regularly conducts necessary awareness programs for its employees.
5 Nature of action taken by the employer or district officer	Not Applicable

The Companys Policy for prevention of sexual harassment is available on the Companys website at https://www.likhitha.co.in/img/content/policies/ Policy_on_prevention_of_Sexual_Harassment.pdf

Compliance with the provisions relating to the Maternity Benefits Act, 1961

Your Company complies with the provisions of the

Maternity Benefit Act, 1961, extending all statutory benefits to eligible women employees, including paid maternity leave, continuity of salary and service during the leave period, and post-maternity support such as nursing breaks and flexible return-to-work options, as applicable. Your company remains committed to fostering an inclusive and supportive work environment that upholds the rights and welfare of its women employees in accordance with applicable laws.

Insurance

All the properties of the Company, including buildings, plants and machinery and stocks have been adequately insured.

Industrial Safety and Environment

The utmost importance continues to be given to the safety of personnel and equipment in all the plants of the Company. The Company reviews thoroughly the various safety measures adopted and takes effective steps to avoid accidents. Safety drills are also conducted at regular intervals to train the employees for taking timely and appropriate action in case of accidents.

Green Initiative

The Ministry of Corporate Affairs (MCA) has taken a green initiative in Corporate Governance by allowing paperless compliance by the Companies and permitted the service of Annual Reports and other documents to the shareholders through electronic mode subject to certain conditions and the Company continues to send Annual Reports and other communications in electronic mode to those members who have registered their email IDs with their respective depositories. Members may note that Annual Reports and other communications are also made available on the Companys website https://www.likhitha.co.in and websites of the Stock Exchanges i.e., BSE Limited, and National Stock Exchange of India Limited.

Industrial Relations

Industrial relations have been cordial during the year under review and your directors appreciate the sincere and efficient services rendered by the employees of the Company at all levels towards the successful working of the Company.

Human Resources

The Company considers its Human Resource as the key to achieve its objectives. Our HR and Operations Department works closely with Senior Management to devise strategies that attract talent and enhance capabilities. The employees are sufficiently empowered and enabled to work in an environment that inspires them to achieve higher levels of performance. It is the unwavering commitment of our employees that propels us forward and enables us to fulfil the Companys vision. Your Company appreciates the contribution of its dedicated employees.

We believe that our employees are our most valuable asset. Your Company is also focused on the overall well-being of its employees. We are committed to creating a positive work environment that prioritizes the health, safety, career growth and development of our employees. The Company took various initiatives to keep the employees productive and engaged with various employee training and awareness programs. we strengthen our collective capabilities and pave the way for continued success.

General

Your directors state that no disclosure or reporting is required in respect of following items as there were no transactions on these items during the year under review:

Issue of equity shares with differential voting rights as to dividend, voting or otherwise.

Issue of shares (including sweat equity shares) to employees of the Company under any scheme.

Maintenance of Cost Records as specified by the

Central Government under Section 148(1) of the Companies Act, 2013, is not required by the Company.

Neither the Managing Director nor the Whole-time Directors of the Company receive any remuneration or commission from any of its subsidiaries.

There is no proceeding pending under the Insolvency and Bankruptcy Code, 2016.

There was no instance of onetime settlement with any Bank or Financial Institution.

Acknowledgements

Your directors take this opportunity to thank our customers, vendors, investors, bankers, Government of India, State Governments of India, Regulatory and statutory authorities, shareholders, and the society at large for their valuable support and cooperation. Your Directors wish to place on record their sincere appreciation for the contribution made by our employees at all levels. Our consistent growth was made possible by their hard work, solidarity, cooperation, and support.

On behalf of the Board of Directors

For Likhitha Infrastructure Limited

sd/-

Srinivasa Rao Gaddipati

Managing Director

DIN: 01710775

 

sd/-

Likhitha Gaddipati

Whole Time Director

DIN: 07341087

 

Date : August 09, 2025

Place : Hyderabad