Net Pix Shorts Digital Media Ltd Directors Report

Dear Members,

Your directors take pleasure in presenting their 7th Annual Report on the Business and Operations of the Company and the Accounts for the Financial Year ended 31st March, 2026 (period under review).

1. FINANCIAL PERFORMANCE OF THE COMPANY:

The summary of the financial performance for the financial year ended March 31, 2026 and the previous financial year ended March 31, 2025 is given below:

(Amount in Lakhs)

Particulars	31st March, 2026	31st March, 2025
Total Income	63.57	47.31
Less: Expenditure	59.46	54.40
Profit (Loss) Before Tax	4.10	(7.09)
Prior year adjustments	-	(0.02)
Provision for Current Tax	-	-
Provision for Deferred Tax	3.71	(3.34)
Net Loss / Profit after Tax	0.39	(3.77)
Earnings Per Share (FV of Rs. 10/- per share)
1. Basic	0.00	(0.12)
2. Diluted	0.00	(0.12)

2. REVIEW OF OPERATIONS:

The Total Income of the Company stood at Rs 63.57 Lakhs for the year ended March 31, 2026 as against Rs 47.31 Lakhs in the previous year. The Company earned a net profit of Rs 0.39 Lakhs for the year ended March 31, 2026 as compared to a net loss of Rs 3.77 Lakhs in the previous year

3. CASH FLOW AND STANDALONE FINANCIAL STATEMENTS:

As required under regulation 34 of the SEBI (LODR) Regulations, 2015, a Cash Flow Statement forms part of Annual Report.

4. TRANSFER TO RESERVES IN TERMS OF SECTION 134 3) (D) OF THE COMPANIES ACT, 2013:

The Board has decided not to transfer any amount to the Reserves for the year under review.

5. DIVIDEND:

The Board of Directors do not recommend any dividend for the year under review due to retain the profit for business Growth. Further Board of Directors will also ensure you for more better performance and good result in the near future of the Company.

6. TRANSFER OF UNPAID AND UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND (IEPF):

Section 125 of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 requires companies to transfer dividend that remains unpaid or unclaimed for a period of seven consecutive years to the Investor Education and Protection Fund ("IEPF"), along with the shares in respect of which dividend has not been paid or claimed for seven consecutive years. As the Company has not declared any dividend for the financial year under review or in the seven years preceding it, no amount was required to be transferred to the IEPF during the year, and no shares were liable for transfer to the IEPF demat account.

7. SHARE CAPITAL:

The authorized share capital of the company is Rs. 3,35,00,000/- divided into 33,50,000 equity shares of Rs. 10/-. The Paid-up capital of the Company is Rs. 3,20,00,600/- divided into 32,00,060 Equity shares of Rs. 10/-

M/s Cameo Corporate Services Limited is Registrar and Transfer Agent of the Company.

8. MANAGEMENTS DISCUSSION AND ANALYSIS REPORT:

Managements Discussion and Analysis Report for the year under review, in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations") is attached as Annexure – II.

9. CHANGE IN NATURE OF BUSINESS, IF ANY:

There has been no change in nature of business of the Company during the F.Y under review.

10. DISCLOSURES BY DIRECTORS:

The Board of Directors have submitted notice of interest in Form MBP 1 under Section 184(1) as well as intimation by directors in Form DIR 8 under Section 164(2) and declarations as to compliance with the Code of Conduct of the Company.

11. SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE COMPANY:

The Company does not have any Subsidiary, Joint venture or an Associate Company.

12. MATERIAL CHANGES AND COMMITMENTS BETWEEN THE END OF THE FINANCIAL YEAR OF THE COMPANY TO WHICH THE FINANCIAL STATEMENT RELATE AND THE DATE OF THIS REPORT:

1. The Board of Directors in its meeting held on 14th July, 2026 has taken on record the details of the transfer of 23,00,000 Equity Shares, representing 71.87% of the capital of the Company, from Mr. Danish Zakaria Aghadi to Mr. Ritesh Tiwari and Ms. Alka Tiwari in terms of the Share Purchase Agreement.

2. The Board of Directors in its meeting held on 22nd July, 2026 has approved the resolution for Change in name of the Company from Net Pix Shorts Digital Media Limited to Namastika Limited or any other name as may be approved by the Registrar of Companies, subject to necessary approvals.

3. The Board of Directors in its meeting held on 22nd July, 2026 has approved the resolution for Alteration in object clause of Memorandum of Association in order to expand business of the Company with the proposed business dynamics subject to approval of shareholders of the Company

4. The Board of Directors in its meeting held on 22nd July, 2026 has approved the resolution for Setting up of the Corporate Office of the Company at 6/56 Swati Mehrotra Road SFS Mansarovar Jaipur-302020 Rajasthan.

5. Company has entered into new line of business – Digital and B2B Distribution of Textile and other Retail Products w.e.f 22nd July, 2026.

13. CHANGE IN SHARE CAPITAL:

There is no change in Share Capital for year ended March 31, 2026.

14. ANNUAL RETURN:

Pursuant to Section 92(3) read with Section 134(3)(a) of the Companies Act, 2013 and Rule 12 of the Companies (Management and Administration) Rules, 2014, the Annual Return of the Company as on March 31, 2026, in Form MGT-7, is available on the website of the Company at: www.netpixshorts.com

15. GENERAL:

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

a. Details relating to deposits covered under Chapter V of the Act – Not Applicable, as disclosed under the heading "Deposits" above.

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

c. Issue of shares (including sweat equity shares) to employees of the Company under any scheme – Nil, save and except as disclosed elsewhere in this Report.

d. No application has been made, and no proceeding is pending, under the Insolvency and Bankruptcy Code, 2016 against the Company as at the end of the financial year.

e. There has been no instance of one-time settlement of any loan obtained from Banks or Financial Institutions during the year under review; accordingly, no disclosure regarding the difference between the amount of valuation done at the time of one-time settlement and the valuation done while taking loan from Banks or Financial Institutions, as required under Rule 8(5)(xii) of the Companies (Accounts) Rules, 2014, is applicable.

16. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The composition of Directors and Key Managerial Personnel (KMP) of the company as on March 31, 2026:

Sr. No.	Date of Appointment	Name of Director	Changes
1	04/09/2025	Mr. Danish Zakaria Aghadi* (DIN-05017846)	Managing Director upto 14th July, 2026 designated as Executive Director
2	06/08/2025	Ms. Neelam Navinchandra Patel	Company Secretary and Compliance officer
3	04/09/2025	Ms. Sony Adhya Pandey (DIN-08608227)	Non-Executive Independent Director
4	14/11/2024	Mr. Vijay Anant Chavan $ (DIN- 10806293)	Non-Executive Independent Director
5	20/01/2023	Mr. Pradeep Pandey (DIN- 09244493)	Non-Executive Independent Director
6	20/01/2023	Ms. Nazish Imran Furniturewala**	Chief Financial Officer

*Danish Zakaria Aghadi has ceased to be the promoter of the company and will be reclassified into the public category and has been redesignated as Executive Director w.e.f. 04th September, 2026

*Nazish Imran Furniturewala has resigned from the post of Chief Financial Officer w.e.f. 14th July, 2026.

(b) Committees of Board of Directors:

Sr. No.	Committee	Director Name
1	Audit Committee	Mr. Vijay Anant Chavan - Non-Executive Independent Director- Chairman
		Ms. Sony Pandey- Non-Executive Independent Director – Member
		Mr. Danish Zakaria Aghadi - Executive Director – Member
2	Nomination & Remuneration Committee	Mr. Vijay Anant Chavan - Non-Executive Independent Director – Chairman
		Ms. Sony Pandey - Non-Executive Independent Director - Member
		Mr. Pradeep Pandey Non - Executive Independent Director – Member
3	Stakeholder Relationship Committee	Ms. Sony Pandey- Non-Executive Independent Director - Chairman
		Ms. Alka Tiwari - Executive Director – Member
		Mr. Danish Zakaria Aghadi - Executive Director - Member

The Company Secretary of our Company acts as the Secretary to the Committee.

(c) Retirement by Rotation of the Directors:

In accordance with the provisions of Section 152(6) of the Companies Act, 2013 and the Articles of Association of the Company, Danish Zakaria Aghadi retires by rotation at the ensuing Annual General Meeting and, being eligible, offers himself for re-appointment. The relevant particulars are set out in Annexure – A to the Notice of the ensuing Annual General Meeting.

Annexure - A to the notice of the ensuing AGM.

(d) Independent Directors

Our Company has received annual declarations from all the Independent Directors of the Company confirming that they meet with the criteria of Independence provided in Section 149(6) of the Companies Act, 2013 and Regulations 16(1) (b) & 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and there has been no change in the circumstances, which may affect their status as Independent Director during the year.

The Independent Directors held a separate meeting on 25th March, 2026 without the attendance of Non-Independent Directors and members of the Management, as required under Schedule IV to the Companies Act, 2013 and Regulation 25(3) of the SEBI (Listing Obligations and Disclosure Requirements)b Regulations, 2015. The Independent Directors reviewed the performance of Non-Independent Directors and the Board as a whole; the performance of the Chairman of the Company, taking into account the views of Executive Directors and Non-Executive Directors, and assessed the quality, quantity and timeliness of flow of information between the Company Management and the Board that is necessary for the Board to effectively and reasonably perform their duties.

17. BOARD MEETINGS:

The Company held Six meetings of its Board of Directors during the year. The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013 (the "Act"). Required quorum was present throughout each meeting as per the requirement of the said Act.

Pursuant to Secretarial Standard – 1 (SS-1) issued by the Institute of Company Secretaries of India, the dates of the Board Meetings held during the year and the attendance of each Director thereto, including attendance at the last Annual General Meeting, are set out below:

Sr. No.	Date of Board Meeting	Total Directors on the Board	No. of Directors present	% Attendance
1	28-05-2025	6	6	100%
2	04-06-2025	6	6	100%
3	06-08-2025	6	6	100%
4	04-09-2025	6	6	100%
5	13-11-2025	6	6	100%
6	25-03-2026	6	6	100%

18. COMMITTEES OF THE BOARD:

The Company has three committees viz; Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee which has been established as a part of the better Corporate Governance practices and is in compliance with the requirements of the relevant provisions of applicable laws and statutes.

I. Audit Committee:

The Audit Committee of the Company is constituted under the provisions of section 177 of the Companies Act, 2013.

Composition of the Committee:

Sr. No.	Name	Designation
1.	Vijay Anant Chavan	Chairman
2.	Sony Adhya Pandey	Member
3.	Danish Zakaria Aghadi	Member

All the recommendation made by the Audit Committee in the financial year 2026-27 was approved by the Board.

Meeting of Audit Committee and Relevant Quorum:

The quorum for Audit Committee meeting shall either be two members or one third of the members of the Audit Committee, whichever is greater, with at least two Independent Directors.

The Chairman of the Committee must attend the Annual General Meetings of the Company to provide clarifications on matters relating to the audit.

During the year under review, the Company held 3 (Three) Audit Committee meetings.

Pursuant to SS-1, the dates on which the Audit Committee met during the year and member-wise attendance thereto are set out below:

Name of Director	Meeting 1	Meeting 2	Meeting 3
Mr. Vijay Anant Chavan	28-05-2025	04-09-2025	13-11-2026
Ms. Sony Adhya Pandey	28-05-2025	04-09-2025	13-11-2026
Mr. Danish Zakaria Aghadi	28-05-2025	04-09-2025	13-11-2026

The Company Secretary acts as the secretary to the Committee.

II. Nomination & Remuneration Committee:

The Nomination & Remuneration Committee of the Company is constituted under the provisions of section 177 of the Companies Act, 2013.

Composition of the Committee:

Sr. No.	Name	Designation
1.	Mr. Vijay Anant Chavan	Chairman
2.	Ms. Sony Adhya Pandey	Member
3.	Mr. Pradeep Pandey	Member

The quorum necessary for a meeting of the Nomination and Remuneration Committee shall be two members or one third of the members, whichever is greater. The Committee is required to meet at least once a year.

During the year under review, the Company held 1 (One) Nomination and Remuneration Committee meetings.

Pursuant to SS-1, the dates on which the Nomination & Remuneration Committee met during the year and member-wise attendance thereto are set out below:

Name of Director	Meeting 1	Meeting 2
Mr. Vijay Anant Chavan	06-08-2025	04-09-2025
Ms. Sony Adhya Pandey	06-08-2025	04-09-2025
Mr. Pradeep Pandey	06-08-2025	04-09-2025

The Company Secretary acts as the secretary to the Committee.

III. Stakeholder Relationship Committee

The Stakeholder Relationship Committee of the Company is constituted under the provisions of section 177 of the Companies Act, 2013.

Composition of the Committee:

Sr. No.	Name	Designation
1.	Ms. Sony Adhya Pandey	Chairman
2.	Ms. Alka Tiwari	Member
3.	Mr. Danish Zakaria Aghadi	Member

*The Committee has been reconstituted in the board meeting held on 4th September, 2026.

The Stakeholders Relationship Committee shall meet once in a year. The quorum for a meeting of the Stakeholders Relationship Committee shall be two members present.

Dring the year under review, the Company held 1 (one) Stakeholders Relationship Committee meeting.

Pursuant to SS-1, the dates on which the Stakeholders Relationship Committee met during the year and member-wise attendance thereto are set out below:

Name of Director	Meeting 1
Ms. Sony Adhya Pandey	25-03-2036
Ms. Alka Tiwari	25-03-2026
Mr. Danish Zakaria Aghadi	25-03-2026

The Company Secretary acts as the secretary to the Committee.

19. INVESTOR COMPLAINTS / GRIEVANCE REDRESSAL:

Pursuant to Regulation 13(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investor complaints received, resolved and pending during the financial year 2025-26 is given below:

Particulars	Number
Complaints pending at the beginning of the year	0
Complaints received during the year	0
Complaints resolved during the year	0
Complaints pending at the end of the year	0

20. FAMILIARISATION PROGRAMME FOR DIRECTORS:

In terms of Regulation 25(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company familiarises its Independent Directors, through various programmes, about the Company, including the nature of the industry in which it operates, its business model, and the roles, rights and responsibilities of Independent Directors. During the year under review, the Independent Directors were familiarised with the Companys operations, business and governance framework. Details of the Familiarisation Programme are available on the website of the Company at: https://netpixshorts.com/investors/.

21. APPOINTMENT OF DESIGNATED PERSON:

Pursuant to Section 90 of the Companies Act, 2013 read with Rule 9 of the Companies (Significant Beneficial Owners) Rules, 2018, the Company has designated Mr. Ritesh Tiwari as the person responsible for furnishing information regarding Significant Beneficial Owners of the Company to the Registrar of Companies and for extending co-operation to the Government authority in identifying the beneficial owners of the Company.

22. COMPLIANCE WITH THE MATERNITY BENEFIT ACT, 1961:

The Company has complied with the applicable provisions of the Maternity Benefit Act, 1961 in respect of women employees of the Company during the year under review.

23. KEY MANAGERIAL PERSONNEL:

During the period under review and as on the date of this Report, the following are the Key Managerial Personnel of the Company, appointed under the provisions of Section 203 of the Companies Act, 2013:

a) Mr. Ritesh Tiwari – Managing Director (subject to shareholders approval at the ensuing Annual General Meeting)

b) Ms. Alka Tiwari – Whole-Time Director (subject to shareholders approval at the ensuing Annual General Meeting)

c) Chief Financial Officer –Ms. Nazish Imran Furniturewala resigned from this office w.e.f. 14th July, 2026

d) Ms. Neelam Navinchandra Patel – Company Secretary and Compliance Officer (Resigned w.e.f. August 6, 2025)

24. BOARD EVALUATION:

The Board of Directors carried out an annual evaluation of the Board itself, its committees and individual Directors. The entire Board carried out performance evaluation of each Independent Director excluding the Independent Director being evaluated. The Nomination Remuneration Committee also carried out evaluation of every directors performance.

The evaluation was done after taking into consideration inputs received from the Directors, setting out parameters of evaluation. Evaluation parameters of the Board and Committees were mainly based on Disclosure of Information, Key functions of the Board and Committees, Responsibilities of the Board and Committees, etc. Evaluation parameters of Individual Directors including the Chairman of the Board and Independent Directors were based on Knowledge to Perform the Role, Time and Level of Participation, Performance of Duties and Level of Oversight and Professional Conduct etc.

Independent Directors in their separate meeting evaluated the performance of Non-Independent Directors, Chairman of the Board and the Board as a whole.

25. CORPORATE SOCIAL RESPONSIBILITY:

The Company does not fall under the criteria laid under the provisions of Section 135 of the Act and rules framed there under. Therefore, the provisions of Corporate Social Responsibility are not applicable to the Company.

26. AUDITORS:

i. Statutory Auditors:

Pursuant to provisions of Section 139 of the Act read with the Companies (Audit and Auditors) Rules, 2014 and as per recommendation of Audit Committee and approval of the Board of Director in their meetings, M/s. B. L. Dasharda & Associates, Chartered Accountants (Firm Registration No. 112615W) has been appointed as Statutory Auditor of Company for the period of 5 years i.e. from F.Y. 2020-21 to 2024-25.

Further, the Board of Directors, at its meeting held on September 04, 2026, noted that M/s. B. L. Dasharda & Associates, Chartered Accountants (Firm Registration No. 112615W), stand re-appointed as Statutory Auditors of the Company for a second term of 5 (five) consecutive years, i.e. from financial year 2025-26 to 2029-30, as approved by the shareholders of the Company by ordinary resolution at the 6th Annual General Meeting held on September 30, 2025. No fresh resolution for their re-appointment is accordingly required to be placed before the shareholders at this 7th Annual General Meeting.

Further there is no qualifications, reservations or adverse remarks made by the Statutory Auditor of Company in their Audit Report for the year under review.

ii. Secretarial Auditors:

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed Pimple & Associates, a firm of Company Secretaries in Practice (CP No. 21773), to undertake the Secretarial Audit of the Company for the F.Y. 2025-26. The Secretarial Audit Report for F.Y. 2025-26 is annexed herewith as "Annexure III".

iii. Cost Auditor:

Your Company is principally engaged into to carry on in India or elsewhere the business to produce, promote, project, participate, prepare, develop, shoot, expose, edit, exhibit, make, remake, mix, remix, display. Therefore, Section 148 of the Companies Act, 2013 is not applicable to the Company.

iv. Internal Auditor:

The Board of Directors, based on the recommendation of the Audit Committee and pursuant to the provisions of section 138 of the Act read with the Companies (Accounts) Rules, 2014, has appointed M/s SM Bhat & Associates, Chartered Accountants (FRN: 131347W) as the Internal Auditors of your Company for the financial year 2025-2026. The Internal Auditor conducts the internal audit of the functions and operations of the Company and reports to the Audit Committee and Board from time to time.

27. CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS:

Pursuant to Regulation 34(3) read with Schedule V, Para C, Clause 10(i) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a Certificate from Pimple & Associates Practising Company Secretary , confirming that none of the Directors on the Board of the Company has been debarred or disqualified from being appointed or continuing as a director of companies by the Securities and Exchange Board of India, the Ministry of Corporate Affairs, or any such statutory authority, is annexed to this Report as Annexure – VI.

28. AUDITORS REPORT:

The Auditors Report and Secretarial Auditors Report does not contain any qualifications, reservations or adverse remarks. Report of the Secretarial Auditor is given as an Annexure which forms part of this report.

29. VIGIL MECHANISM:

In pursuant to the provisions of section 177(9) & (10) of the Companies Act, 2013, a Vigil Mechanism for Directors and Employees to report genuine concerns has been established.

30. INTERNAL AUDIT & CONTROLS:

Pursuant to provisions of Section 138 read with read with rules made there under, the Board has appointed M/s. SM Bhat & Associates, as an Internal Auditors of the Company to check the internal controls and functioning of the activities and recommend ways of improvement. The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate. The Internal Audit is carried out quarterly basis; the report is placed in the Audit Committee Meeting and the Board Meeting for their consideration and direction.

During the year under review, no material or serious observation has been received from the Internal Auditors of the Company for inefficiency or inadequacy of such controls.

31. AUDIT TRAIL:

Pursuant to the proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014 and Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014, the Company confirms that the accounting software(s) used by the Company for maintaining its books of account [has a feature of recording audit trail (edit log) facility, and the same has been operated throughout the year for all transactions recorded in the software, and the audit trail feature has not been tampered with / has been preserved as per the statutory requirement, OR – to be confirmed and completed by the Company/Statutory Auditor before this Report is finalised].

32. RISK ASSESSMENT AND MANAGEMENT:

Your Company has been on a continuous basis reviewing and streamlining its various operational and business risks involved in its business as part of its risk management policy. Your Company also takes all efforts to train its employees from time to time to handle and minimize these risks.

33. LISTING WITH STOCK EXCHANGES:

Net Pix Shorts Digital Media Limited is listed on the SME Platform of the BSE Limited. It has paid the Annual Listing Fees for the year 2026-27 to BSE Limited.

34. COMPLIANCE WITH SECRETARIAL STANDARDS:

The Company is fully compliant with the applicable Secretarial Standards (SS) viz. SS-1 & SS-2 on Meetings of the Board of Directors and General Meetings respectively.

35. POLICIES AND DISCLOSURE REQUIREMENTS:

In terms of provisions of the Companies Act, 2013 the Company has adopted following policies which are available on its website www.netpixshorts.com

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

i. Conservation of Energy

a) The steps taken or impact on conservation of energy - The Operations of the Company are not energy intensive. However, adequate measures have been initiated for conservation of energy.

b) The steps taken by the Company for utilizing alternate source of energy - Company shall consider on adoption of alternate source of energy as and when necessities.

c) The Capital Investment on energy conversation equipment - No Capital Investment yet.

ii. Technology absorption

a) The efforts made towards technology absorption. - Minimum technology required for Business is absorbed.

b) The benefits derived like product improvement, cost reduction, product development or import substitution - Not Applicable.

c) In case of imported technology (imported during the last three years reckoned from the beginning of the financial year) - Not Applicable.

a. the details of technology imported;

b. the year of import;

c. whether the technology been fully absorbed;

d. if not fully absorbed, areas where absorption has not taken place, and the reasons thereof

iii. The expenditure incurred on Research and Development - Not Applicable.

iv. Details of foreign Exchange Earnings and Outgo.

(Rs. In Lakhs)

Sr. No.	Particulars	Current Year 2025-26	Previous Year 2024-25
1	Earning in Foreign Exchange:
	Hosting Charges received in (in lakhs)	0.08	0.09
2	Expenditure in Foreign Currency:
(a)	CIF value of Imports	-	-
(b)	Other Expenditure	-	-

37. PARTICULARS OF LOANS, INVESTMENTS AND GUARANTEES:

Particulars of loans given, investments made, guarantees given and securities provided are provided in the financial statements.

38. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES:

All contracts / arrangements / transactions entered by the Company during the financial year with related parties were in the ordinary course of business and on an arms length basis. Thus, Disclosure in form AOC-2. Further, during the year, the Company had not entered into any contract / arrangement / transaction with related parties which could be considered material in accordance with the policy of the Company on materiality of related party transactions. All related party transactions are placed before the Audit Committee and Board for approval. The details of the related party transactions as required under Accounting Standard (AS) - 18 are set out in Note to the financial statements forming part of this Annual Report.

39. PREVENTION OF INSIDER TRADING:

In compliance with the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, the Company has formulated and adopted the revised "Code of Conduct for Prevention of Insider Trading" ("the Insider Trading Code"). The object of the Insider Trading Code is to set framework, rules, and procedures all concerned persons should follow, while trading in listed or proposed to be listed securities of the Company.

40. PREVENTION OF INSIDER TRADING:

In compliance with the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, the Company has formulated and adopted the revised "Code of Conduct for Prevention of Insider Trading" ("the Insider Trading Code"). The object of the Insider Trading Code is to set a framework, rules, and procedures that all concerned persons should follow while trading in listed or proposed to be listed securities of the Company. During the year, the Company has also adopted the Code of Practice and Procedures for Fair Disclosure of Unpublished Price Sensitive Information ("the Code") in line with the SEBI (Prohibition of Insider Trading) Amendment Regulations, 2018.

The Company also adopts the concept of Trading Window Closure, to prevent its Directors, Officers, designated employees and other employees from trading in the shares of the company at the time when there is unpublished price sensitive information.

The Code is available on the Companys website www.netpixshorts.com

41. DEPOSITS:

During the year under review, the Company has not accepted any deposits within the meaning of Sections 73 and 74 of the Companies Act, 2013, read with the Companies (Acceptance of Deposits) Rules, 2014. There were no unclaimed or unpaid deposits as on March 31, 2026.

42. RELATED PARTY TRANSACTIONS:

All transactions entered into with related parties as defined under the Act during the F.Y. 2025-26 were in the ordinary course of business and on an arms length pricing basis and do not attract the provisions of Section 188 of the Act. There were no materially significant transactions with the related parties during the F.Y which were in conflict with the interest of the Company.

The particulars of the contracts or arrangements entered by the Company with related parties as referred to in Section 134(3)(h) read with section 188(1) of the Act and rules framed thereunder, in the Form No. AOC-2 are annexed and marked as Annexure – I.

43. FRAUD REPORTING:

There have been no frauds reported by the Auditors of the Company to the Audit Committee or the Board of Directors under sub-section (12) of section 143 of the Companies Act, 2013 during the financial year.

44. SIGNIFICANT AND MATERIAL ORDERS:

There are no significant and material orders passed by the Regulators or Courts or Tribunals impacting the going concern status and Companys operations in future.

45. OBLIGATION OF COMPANY UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

The Company has in place an Anti-Sexual Harassment Policy in line with the Requirements of the Sexual Harassment of Women at the Workplace (Prevention, Prohibition & Redressal) Act, 2013 and an Internal Complaints Committee has been set up to redress complaints received regarding Sexual Harassment at workplace, with a mechanism of lodging & redress the complaints. All employees (permanent, contractual, temporary, trainees, etc.) are covered under this policy.

Your Directors further state that pursuant to the requirements of Section 22 of Sexual Harassment of Women at Work place (Prevention, Prohibition & Redressal) Act, 2013 read with Rules there under, the Company has not received any complaint of sexual harassment during the year under review.

Particulars	Number
Number of complaints pending as on the beginning of the financial year	0
Number of complaints filed during the financial year	0
Number of complaints disposed of during the financial year	0
Number of complaints pending as on the end of the financial year	0

The Company has filed its annual return under Section 21(1) of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 with the District Officer within the prescribed time.

46. HUMAN RESOURCES:

Your Company has established an organization structure that is agile and focused on delivering business results. With regular communication and sustained efforts, it is ensuring that employees are aligned on common objectives and have the right information on business evolution.

47. STATEMENT PURSUANT TO SECTION 197(12) OF THE COMPANIES ACT, 2013 READ WITH RULE 5 OF THE COMPANIES (APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULES, 2014:

Disclosures pertaining to remuneration and other details as required under Section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is provided in this Report as Annexure IV which forms part of this Report.

48. CORPORATE GOVERNANCE:

In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 exempts companies which have listed their specified securities on SME Exchange from compliance with corporate governance provisions. Since the equity share capital of your Company is listed exclusively on the SME Platform of BSE, the Company is exempted from compliance with Corporate Governance requirements, and accordingly the reporting requirements like Corporate Governance Report, Business Responsibility Report etc. are not applicable to the Company.

49. DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013, the board of directors, to the best of their knowledge and ability, confirm that:

In the preparation of the annual accounts, the applicable accounting standards have been followed and there are no material departures.

i. They 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 of the Company for that period.

ii. They have taken proper and sufficient care 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.

iii. They have prepared the annual accounts on a going concern basis.

iv. They have laid down internal financial controls to be followed by the Company and such internal financial controls are adequate and operating effectively.

v. They have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

Based on the framework of internal financial controls and compliance systems established and maintained by the Company, work performed by the internal, statutory, and secretarial auditors and external consultants and the reviews performed by management and the relevant board committees, including the audit committee, the board is of the opinion that the Companys internal financial controls were adequate and effective during the financial year 2025-26.

50. GREEN INITIATIVE:

In compliance with Regulation 36 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Notice of the AGM along with the Annual Report 2025-26 is being sent only through electronic mode to those Members whose email addresses are registered with the Company/ Depositories. Members may note that the Notice and Annual Report 2025-26 will also be available on the Companys website https://netpixshorts.com/

51. CAUTIONARY STATEMENTS:

Statements in this Annual Report, particularly those which relate to Management Discussion and Analysis as explained in the Corporate Governance Report, describing the Companys objectives, projections, estimates and expectations may constitute ‘forward looking statements within the meaning of applicable laws and regulations. Actual results might differ materially from those either expressed or implied in the statement depending on the circumstances.

52. ACKNOWLEDGEMENTS:

Your directors would like to express deep sense of appreciation for the assistance and co-operation received from the Financial Institutions, Banks, Government Authorities and Shareholders and for the devoted service by the Executives, staff, and workers of the Company. The Directors express their gratitude towards each one of them.

On Behalf of The Board of Directors

For NET PIX SHORTS DIGITAL MEDIA LIMITED

Sd/-

DANISH ZAKARIA AGHADIMANAGING DIRECTOR

DIN- 05017846

Place: Mumbai

Date: 04/09/2026