Multipurpose Trading & Agencies Ltd Directors Report

Dear Members,

The Board of Directors hereby submits the report of the business and operations of your Company, along with the audited financial statements, for the financial year ended March 31, 2025.

Financial Results

The performance of the company for the financial year ended March 31, 2025 is summarized below:

(Figures in Rs.)

ITEM	As on 31st March, 2025	As on 31st March, 2024
Sales & other Income	36,08,907.00	35,45,795.75
Expenditure	18,02,979.00	14,26,604.60
Profit / Loss before depreciation and tax	18,05,928.00	21,19,191.15
Depreciation	4,543.00	0.00
Tax	98,017.00	2,05,052.00
MAT Credit Entitlement	0.00	0.00
Deferred tax	(30.00)	(780.00)
Profit / Loss after tax and depreciation	17,03,398.00	19,14,919.15

Dividend

Considering the present conditions of business and growth stage of Company, The Board of Directors of the company has decided not to recommend any dividend for the Financial Year 2024-25. The management being optimistic about the return from business activities has proposed to plough back profit into the business activities of the Company.

Transfer to Reserves

During the year under review, the company has transferred Rs.17,01,820/- to the General Reserve.

Share Capital

There were no changes in the Share Capital structure of the Company, during the financial year under review.

Operations and Business Performance

Your Company has achieved Net profit of Rs. 17,03,398.00/- in the current financial year 2024-25 as in compare to net profit of Rs. 19,14,919.15/- for the previous fiscal. There were no plan of new projects of business.

Material Changes and Commitments Affecting Financial Position

There have been no material changes and commitments affecting the financial position of the Company between the end of the financial year and the date of this report.

Subsidiaries, Joint Ventures, and Associate Companies

There were no Subsidiaries, Joint Ventures, and Associate Companies at the end of year under review.

Directors, KMP and Meetings

? There were no changes in composition of the Board and KMP during the year under review.

? The Company has received necessary declaration from independent director under Section 149(7) of the Companies Act, 2013, that they meets the criteria of independence laid down in Section 149(6) of the Companies Act, 2013 and Regulations 25 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

? During the financial year ended 31^st March, 2025, the Board met 5 (five), on following dates 30.05.2024, 14.05.2024, 03.09.2024, 14.11.2024, 13.02.2025.

The maximum interval between any two consecutive meetings did not exceed 120 days, thereby complying with the requirements of Section 173 of the Companies Act, 2013, and Regulation 17(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The details of attendance of each Director at the Board meetings are provided in the Corporate Governance Report, forming part of this Annual Report.

Mrs. Kalpana Singh, Director of the Company, who is liable to retire by rotation at the Annual General Meeting and being eligible offered herself for reappointment.

Committees of the Board

Currently, the Board has three committees: The Audit Committee, the Shareholders/ Investors

Grievance Committee, the Nomination and Remuneration Committee. A detailed note on the composition of the Board and its committees is provided in the corporate governance report section. Confirm that the composition and terms of reference are in line with SEBI and Companies Act provisions.

Audit Committee/Nomination And Remuneration Committee/ Stakeholder Relationship Committee

The details of various committees and their functions are part of Corporate Governance Report.

Directors responsibility statement

As required under Section 134(5) of the Companies Act, 2013, the Directors of the Company hereby states that:

i. In the preparation of the annual accounts for the year ended 31^st March 2025, the applicable accounting standards had been followed along with proper explanation relating to material departures.

ii. The Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the Profit and Loss of the company for that period.

iii.The Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.

iv. The Directors had prepared the annual accounts on a Going Concern Basis.

v. The Directors had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively; and

vi. The Directors had devised proper system to ensure compliance with the provisions of all applicable laws and such system were adequate and operating effectively.

Auditors and Auditors Report

i. Statutory Auditors

M/s KARMV AND COMPANY, Chartered Accountants FRN: 023022N was appointed to audit books of accounts for financial year 2024-26 and issue reports for quarterly financial results as per SEBI (LODR) Regulations, 2015 in Annual General Meeting held on 30^th September, 2024 till the conclusion 48^th Annual General Meeting of the company will continue as statutory auditor to audit books of accounts for two consecutive financial year 2024-25 & 2025-26 and issue reports for quarterly financial results as per SEBI (LODR) Regulations, 2015.

The Notes on financial statement referred to in the Auditors Report are self-explanatory and do not call for any further comments. The Auditors Report does not contain any qualification, reservation or adverse remark except remarks upon the investment made in a company under same management.

The said Auditors Report is attached with this Report as Annexure IV.

The response to the auditors remarks

Remarks: With respect to audit report for the financial years 2024-25, the Auditor made remarks upon investment of Rs.2.00 Crores in M/s One City Promoters Private Limited (real estate company) made by the company in the financial year 2013-14.

Response: The Company has made investment of Rs.2.00 Crores in One City Promoters Pvt. Ltd. with a view to invest in the future project of the said company. The Company has informed that they are looking for viable project to start in future and the money invested is safe and thus the money invested by us is not prejudice to the interest of the company. ii. Secretarial Auditors

The Company has appointed & obtained Secretarial Audit Report as required under Section 204(1) of the Companies Act, 2013 from M/s. Deepak Somaiya & Co, Company Secretaries in practice. The said Report in form MR-3 is attached with this Report as Annexure III.

Corporate Social Responsibility (CSR)

The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are not applicable to the Company.

Corporate Governance Report:

Our Corporate Governance philosophy

Corporate Governance is about maximizing shareholder value legally, ethically and sustainably. The goal of corporate governance is to ensure fairness for every stakeholder. We believe sound corporate governance is critical to enhance and retain investor trust. We always seek to ensure that our performance is driven by integrity. Our Board exercises its fiduciary responsibilities in the widest sense of the term. Our disclosures seek to attain the best practices in international corporate governance. We also endeavor to enhance long-term shareholder values and respect minority rights in all our business decisions. Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has complied with all the requirements relating to corporate governance extend to its applicability and a Corporate Governance report has also been formed part of Annual Report as Annexure-I.

Management Discussion and Analysis

The Management Discussion and Analysis Report as required under Regulation 34(2)(e) of SEBI (LODR) Regulations

i. Economic Overview

India remained one of the fastest-growing major economies, recording a GDP growth rate of approximately 6.5% in FY 2024 25. Government focus on infrastructure development, digitalization, manufacturing growth (under Make in India), and policy reforms contributed to macroeconomic stability. ii. Industry Structure and Developments

The trading and investment sector continued to evolve with key trends such as automation, digital transformation, regulatory reforms, global outsourcing etc.

iii. Company Overview and Business Performance

Your Company is engaged in the business of trading and investment and has consistently focused on cost optimization and looking for new business opportunity in coming future.

iv. Opportunities and Threats

Opportunities:

The Company is poised to benefit from the growing domestic market and government initiatives. Additionally, increasing technology adoption and a shift towards sustainable practices offer new avenues for growth, enabling expansion and enhanced operational efficiency.

Threats:

Key challenges include fluctuating raw material prices, supply chain disruptions, and intense market competition, which could impact profitability. Changes in regulatory policies and geopolitical risks also pose potential hurdles to business stability.

v. Risks Management Policy

The Company has a risk management policy, which from time to time, is reviewed by the Audit Committee of Directors as well as by the Board of Directors. The Policy is reviewed quarterly by assessing the threats and opportunities. The Policy is designed to provide the categorization of risk into threat and its cause, impact, treatment and control measures. As part of the Risk Management policy, the relevant parameters for protection of environment, safety of operations and health of people at work and monitored regularly with reference to statutory regulations and guidelines defined by the Company.

vi. Internal Control Systems and Their Adequacy

The Board has adopted policies and procedures for ensuring the orderly and efficient conduct of its business, including adherence to the Companys policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records and the timely preparation of reliable financial disclosures..

vii. Financial Performance (Standalone)

ITEM	As on 31st March, 2025	As on 31st March, 2024
Sales & other Income	36,08,907.00	35,45,795.75
Profit / Loss before depreciation and tax	18,05,928.00	21,19,191.15
Earnings before Tax	18,01,385.00	21,19,191.00
Profit / Loss after tax and depreciation	17,03,398.00	19,14,919.15
Earnings Per Share	0.344	0.386

viii. Human Resources and Industrial Relations

Employees relations continue to be cordial during the year.

ix. Energy Conservation, Technology Absorption, Foreign Exchange Earning and Outgo

The information required under Section 134(3)(m) of the Companies Act, 2013 and rule 8(3) of Companies (Accounts)Rules, 2014, relating to the conservation of Energy and Technology Absorption are not applicable on the Company.

x. Outlook for FY 2025 26

The Company remains cautiously optimistic about the future and will continue to focus on:

? Existing product development

? Operational efficiency and cost optimization

? Strategic partnerships and expansion

? Enhancing stakeholder value

However, external risks such as inflation, interest rate fluctuations, and global uncertainty will be monitored closely.

xi. Cautionary Statement

Statements in the Management Discussion and Analysis describing the Companys objectives, projections, estimates, expectations, or predictions may be "forward-looking statements" within the meaning of applicable securities laws and regulations. Actual results could differ materially due to economic conditions, government policies, industry dynamics, and other factors beyond the

Companys control.

Policy on Directors appointment and remuneration

The Current policy is to have an appropriate mix of Executive, Non-Executive and Independent Directors to maintain the independence of the Board and separate its function of governance and management. On March 31, 2025, the Board consists of five members, three of whom are Executive/Non-executive Director.

The policy of the Company on directors appointment and remuneration, including criteria for determining qualifications, positive attributes, independence of a director and other matters, as required under sub- section (3) of Section 178 of the Companies Act, 2013, is available on our website (http://www.multipurposetrading.in/). We affirm that the remuneration paid to the directors is as per the terms laid out in nomination and remuneration policy of the Company.

The company has not paid any remuneration to directors and had complied with Section 197(12) of the Companies Act read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Related Party Transactions and details of Loans, Guarantees, Investment & Securities Provided

Details of Related Party Transactions and Details of Loans, Guarantees and Investments covered under the provisions of Section 188 and 186 of the Companies Act, 2013 respectively are given in the notes to the Financial Statements attached to the Directors Report.

Significant and material orders

There are no significant and material orders passed by the regulator or courts or tribunal impacting the going concern status and Companys operations in future.

Extract of annual return

In accordance with section 134(3)(a) of the Companies Act, 2013 and rules made there under, the annual report is available on the Companys website www.Multipurposetrading.in and an extract of the annual return in the prescribed format is also appended as Annexure -II to the Boards report.

Secretarial Standards

The Company has complied with applicable Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI).

Liquidity

We continue to be debt-free and maintain sufficient cash to meet our strategic objectives. We understand that liquidity in the Balance Sheet has to balance between earning adequate returns and the need to cover financial and business risks. Liquidity enables us to make a rapid shift in direction, if there is a market demand. We believe that our working capital is sufficient to meet our current requirements.

Deposits

The company had neither invited nor accepted any deposits from the public within the meaning of the Companies (Acceptance of Deposits) Rules 2014.

Board diversity

The Company recognizes and embraces the importance of a diverse board in its success. We believe that a truly diverse board will leverage differences in thought, perspective, knowledge, skill, regional and industry experience, cultural and geographical background, age, ethnicity, race and gender, which will help us retain our competitive advantage.

Board Evaluation

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, mandates that the Board shall monitor and review the Board evaluation framework. The framework includes the evaluation of directors on various parameters such as:

? Board dynamics and relationships

? Information flows

? Decision-making

? Relationship with stakeholders

? Company performance and strategy

? Tracking Board and Committees effectiveness

? Peer evaluation

The Companies Act, 2013 states that a formal annual evaluation needs to be made by the Board of its own performance and that of its committees and individual directors. Schedule IV of the Companies Act, 2013 states that the performance evaluation of independent director shall be done by the entire Board of Directors, excluding the director being evaluated.

The evaluation of all the directors and the Board as a whole was conducted based on the criteria and framework adopted by the Board. The evaluation process has been explained in the Corporate Governance report. The Board approved the evaluation results as collated by the nomination and remuneration committee.

Familiarization program for independent directors

All independent directors inducted into the Board attend an orientation program. The details of training and familiarization program are provided in the Corporate Governance report and is also available on our website.

Listing Agreement

The Securities and Exchange Board of India (SEBI), on September 2, 2015 issued SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with the aim to consolidate and streamline the provisions of the Listing Agreement for different segments of capital markets top ensure better enforceability. The Company has entered into the listing agreement with BSE Limited.

Transfer of unclaimed dividend to Investor Education and Protection Fund

Since there was no unpaid/unclaimed Dividend declared and paid last year, the provisions of Section 125 of the Companies Act, 2013 do not apply

Code of Conduct

The Board of Directors has laid down a Code of Conduct applicable to the Board of Directors and Senior Management. All the Board Members and Senior Management personnel have affirmed compliance with the code of conduct.

General

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

? Details relating to deposits covered under Chapter V of the Act.

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

? Issue of shares (including sweat equity shares) to employees of the Company under any scheme save and except ESOS referred to in this Report.

? Neither the Managing Director nor the Whole time Directors of the Company receive any remuneration or commission from any of its subsidiaries. ? No significant or material orders were passed by the Regulators or Courts or Tribunals which impact the going concern status and Companys operations in future.

Your Directors further state that during the year under review, there were no cases filed pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Acknowledgements

Your Directors wish to record their sincere gratitude for our valued Business associates, shareholders, Bankers, regulatory and other stakeholders for the continuous co-operation, support and assistance extended by them. We place on record our appreciation of the commitment, dedication and hard work put in by employees of the Company. We also thank our members for the continued support received from them.

	By Order of the Board
	For Multipurpose Trading and Agencies Ltd.
Place: New Delhi
Date: 30/05/2025	S/d
	Ashish Singh
	Chairman & Director
	DIN: 00066423
	Add: B-1 Kalindi Colony, New Delhi-65