Paramount Dye Tec Ltd Directors Report

To

The Members

Paramount Dye Tec Limited

The Directors hereby present the 01^st Annual Report on the affairs of the company together with Audited
Financial Statements for the financial year ended 31st March, 2025.

1. FINANCIAL RESULTS:

	(Rs in Rupees)
	Current Year
	2024-25
Revenue from Operations	772,897,068.70
Other Income	6,021,721.50
Total	778,918,790.20
Less:
Expenditure	673,078,550.40
Depreciation & Amortisation	14,162,302.62
Profit/(loss)before exceptional items and tax:	91,677,937.18
Exceptional Items	0.00
Profit/(Loss) before tax	91,677,937.18
Less: Taxes	11,649,299.92
Profit/(Loss)from continuing Operations	80,028,637.26
Profit/(Loss)from discontinuing Operations	-
Profit/(Loss) for the period	80,028,637.26
Other Comprehensive Income	0.00
Total Comprehensive Income/(Loss)for the Period	80,028,637.26

2. BUSINESS:

The Company is a distinguished manufacturer of recycled synthetic yarn, acrylic fibre yarns, hand-knitting
yarn and fancy yarn, leveraging advanced and unparalleled technology to ensure the production of high-
quality and sustainable products. The operations are managed by a team of seasoned professionals, ensuring
continuous innovation, efficiency and strong market presence.

3. STATE OF COMPANYS AFFAIRS:

During the year under review, Company recorded Revenue from Operations of ?772,897,068.70 and Other
Income of ?6,021,721.50, resulting in a Total Income of ?778,918,790.20 for the financial year 2024-25.
After accounting for Expenditure of ?673,078,550.40 and Depreciation & Amortisation of ?14,162,302.62,
the Profit before exceptional items and tax stood at ?91,677,937.18. As there were no exceptional items
during the year, the Profit before tax remained ?91,677,937.18. After making a provision for taxes
amounting to ?11,649,299.92, the Profit from continuing operations stood at ?80,028,637.26. Accordingly,
the Profit for the period and the Total Comprehensive Income for the year amounted to ?80,028,637.26.

During the year under review, the Company undertook significant steps towards strengthening its capital
structure to support future growth. The Authorized Share Capital of the Company was increased in two
phases from ^1,00,000 to ^12,00,00,000 in order to facilitate further fund-raising requirements.
Correspondingly, the Paid-up Share Capital also increased during the year pursuant to preferential
allotment, conversion of unsecured loans into equity, bonus issue and a successful public issue. As a result
of these issuances, the Paid-up Share Capital of the Company increased from ^1,00,000 at the time of

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incorporation to ^6,94,26,510 divided into 69,42,651 equity shares of ?10 each as on 31st March 2025.
These initiatives have strengthened the financial position of the Company and provided a strong foundation
for its expansion plans in the coming years.

During the year under review, the Company successfully completed its Initial Public Offering (IPO),
pursuant to which 24,30,000 equity shares of face value ?10 each were issued at a price of ?117 per share
(including a premium of ?107 per share). The allotment was completed on 04th October 2024, thereby
increasing the Paid-up Share Capital of the Company from 45,12,651 equity shares to 69,42,651 equity
shares. Post completion of the IPO, the equity shares of the Company were listed on the NSE, marking a
significant milestone in the Companys growth journey. This public listing has strengthened the Companys
capital structure, enhanced corporate credibility and market recognition, and positioned the Company for
future expansion initiatives.

4. SUBSIDIARY COMPANY/FIRM(S):

The Company does not have any subsidiary as per the provisions of the Companies Act, 2013.

5. CONSOLIDATED FINANCIAL STATEMENTS:

Since the Company did not have any subsidiary during the financial year under review, the preparation of
Consolidated Financial Statements is not applicable.

6. CORPORATE GOVERNANCE:

Your Company is committed to maintaining the highest standards of corporate governance and ethical
business conduct. The Board recognizes that strong governance practices are fundamental in ensuring long-
term value creation, business sustainability, and stakeholder confidence. The Company continues to uphold
the principles of reliability in financial reporting, integrity, transparency, fairness, accountability,
empowerment and strict compliance with all applicable laws.

During the year under review, the Company has complied with the requirements prescribed under the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013 along
with the rules made thereunder. A detailed report on Corporate Governance for the financial year 2024-25
forms an integral part of this Boards Report and provides information on the Companys governance
framework, Board composition, committees, policies and compliance status.

In confirmation of the Company s adherence to corporate governance norms, a certificate issued by a
Practising Company Secretary (PCS) is also annexed to the Corporate Governance Report. The Board
assures that it will continue to strengthen its governance practices to protect the interests of all stakeholders
and support the Companys growth in a responsible and compliant manner.

7. DIVIDEND:

The directors have not recommended any dividend for the financial year 2024-25.

8. AMOUNTS TRANSFERRED TO ANY RESERVES:

The Company has not transferred any amount to any reserves during the financial year.

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9.

SHARE CAPITAL:

A. Changes in Authorized Share Capital

The following changes took place in the Authorized Share Capital of the Company during the year:

1. The Company was incorporated with an Authorized Share Capital of ? 1,00,000 divided into 10,000
equity shares of ?10 each.

2. Authorized Share Capital was increased from ^1,00,000 to ^1,00,00,000 divided into 10,00,000
equity shares of ?10 each pursuant to a resolution passed at the Extraordinary General Meeting
(EGM) held on 27.01.2024.

3. Authorized Share Capital was further increased from ^1,00,00,000 to ^12,00,00,000 divided into
1,20,00,000 equity shares of ?10 each pursuant to a resolution passed at the EGM held on
12.02.2024.

Accordingly, the Authorized Share Capital of the Company as on 31st March 2025 stands at: ^12,00,00,000
divided into 1,20,00,000 equity shares of ?10 each.

B. Changes in Paid-up Share Capital

The following changes took place in the Paid-up Share Capital of the Company during the year:

1. The Company was incorporated with an Paid-up Share Capital of ^1,00,000 divided into 10,000
equity shares of ?10 each.

2. Preferential Allotment: In the Board Meeting held on 28.02.2024, 5,912 equity shares were allotted
on a preferential basis.

3. Conversion of Loan into Equity: Further, in the same Board Meeting held on 28.02.2024, 6,539
equity shares were allotted upon conversion of unsecured loans into equity, along with the
preferential allotment made on the same date. Accordingly, the total number of equity shares
allotted on 28.02.2024 was 12,451 shares, resulting in an increase in the Paid-up Share Capital of
the Company to 22,451 equity shares.

4. Bonus Issue: In the Board Meeting held on 07.06.2024, Bonus Shares were issued in the ratio of
200 equity shares for every 1 equity share held, resulting in the allotment of 44,90,200 equity
shares. Paid-up Share Capital increased to 45,12,651 equity shares.

5. Public Issue (IPO): On 04.10.2024, 24,30,000 equity shares were allotted at an issue price of ?117
per share (?10 face value + ?107 premium). Paid-up Share Capital increased to 69,42,651 equity
shares

Accordingly, the Paid-up Share Capital of the Company as on 31st March 2025 stands at: ^6,94,26,510
divided into 69,42,651 equity shares of ?10 each.

10. FIXED DEPOSITS:

During the year, your Company has not accepted any fixed deposits under the provisions of the Companies
Act, 2013 and the Rules made there under.

11. SECRETARIAL STANDARDS:

The Company has fully complied with all the applicable Secretarial Standards issued by the Institute of
Company Secretaries of India (ICSI) and mandated by the Ministry of Corporate Affairs (MCA), including
Secretarial Standard on Meetings of the Board of Directors (SS-1) and Secretarial Standard on General

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Meetings (SS-2). The Company ensures that all procedural requirements relating to convening, conducting
and recording of Board Meetings, Committee Meetings and General Meetings are adhered to in letter and
spirit. The Board remains committed to following best secretarial practices to maintain transparency,
accuracy and statutory compliance across all governance processes.

12. DIRECTORS AND KMP:

During the year under review, the following changes took place in the composition of the Board of Directors
and Key Managerial Personnel (KMP) of the Company:

A. First Directors on Incorporation (w.e.f. 04th January 2024):

• Mr. Kunal Arora

• Ms. Palki Arora

• Mr. Rupesh

B. Appointments w.e.f. 15th March 2024:

• Ms. Divya appointed as Director

• Mr. Prabir Singh appointed as Independent Director

• Ms. Chandni Jain appointed as Company Secretary

• Mr. Rupesh appointed as Chief Financial Officer (CFO)

• Mr. Bhupesh (DIN: 10333546) appointed Independent Director

C. Change in Designation:

• Mr. Kunal Arora was re-designated as Managing Director w.e.f. 20th March 2024

D. Appointment and Cessation of CEO:

• Mr. Soumitra Mitra appointed as Chief Executive Officer (CEO) of the Company w.e.f. 13th May
2024

• Mr. Soumitra Mitra ceased to be the CEO w.e.f. 25th May 2024

E. Cessation & New Appointment of CFO:

• Mr. Rupesh ceased to be CFO w.e.f. 25th May 2024

• Mr. Kunal Arora was appointed as CFO w.e.f. 25th May 2024

F. Cessation of Independent Director:

• Mr. Bhupesh (DIN: 10333546) resigned and ceased to be Independent Director w.e.f. 02nd
September 2024

G. Changes in Directorship:

• Mr. Manish Appointed as Director w.e.f. 17th September 2024

• Mr. Manish re-designated as Independent Director w.e.f. 03rd October 2024

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All the aforesaid changes were carried out in compliance with the provisions of the Companies Act, 2013,
applicable rules and necessary filings have been duly made with the Registrar of Companies.

Further, the Board of Directors have recommended -

Mr. Rupesh (DIN: 10186268), Director of the Company, retires by rotation at this Annual General Meeting
and being eligible, offers himself for re-appointment. The details of his re-appointment, including the terms
and conditions, are provided in the Notice and the Explanatory Statement/Annexure to the Notice of the
ensuing Annual General Meeting. The Board of Directors recommends his re-appointment for the approval
and consideration of the Members at the forthcoming Annual General Meeting.

13. BOARD COMMITTEES

In compliance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, the Company has constituted the following Committees of
the Board:

Audit Committee

Nomination and Remuneration Committee
Stakeholders Relationship Committee

These Committees have been constituted as part of the Companys strong corporate governance framework
to ensure focused oversight on specific areas. During the year under review, there were no instances where
the Board has not accepted the recommendations of any of the above Committees.

The details relating to the composition, powers, role, scope and terms of reference of each Committee are
provided in the Corporate Governance Report, forming part of this Annual Report.

17. LISTING WITH EXCHANGES AND LISTING FEES:

The Company successfully completed its Initial Public Offering (IPO) during the financial year, pursuant
to which 24,30,000 equity shares were allotted on 04th October 2024 at an issue price of ?117 per share
(?10 face value and ?107 premium). Post the IPO, the equity shares of the Company have been listed and
admitted to trading on the NSE - SME Platform with effect from 08th October 2024, marking a significant
milestone in the Companys growth and providing enhanced visibility and liquidity to shareholders. The
Company has duly paid the annual listing fees for the financial year 2024-25 to the Exchange. The invoice
for the listing fees for the financial year 2025-26 has been generated and the payment shall be made within
the prescribed timelines.

18. AUDITORS:

Pursuant to the provisions of Section 139 of the Companies Act, 2013 read with the Companies (Audit and
Auditors) Rules, 2014, M/s Rajesh Mehru & Co., Chartered Accountants, Ludhiana (FRN: 011715N) were
appointed as the Statutory Auditors of the Company for the financial year ending 31st March 2025. Based
on the recommendation of the Audit Committee, the Board of Directors has recommended the appointment
of M/s Rajesh Mehru & Co. as Statutory Auditors of the Company for a further term of five (5) consecutive
financial years, commencing from 01st April 2025 and ending on 31st March 2030, subject to the approval
of the Members at the ensuing Annual General Meeting.

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19. AUDITORS REPORT:

M/s Rajesh Mehru & Co., Chartered Accountants, Ludhiana (FRN: 011715N) have audited the standalone
financial statements of the Company for the financial year ended 31st March 2025. The Auditors Report
forms part of this Annual Report and the notes to financial statements referred therein are self-explanatory
and do not require any further comments from the Board of Directors.

The Auditors Report does not contain any qualification, reservation, adverse remark or disclaimer for the
financial year under review.

20. COST AUDITORS:

In accordance with the provisions of Section 148 of the Companies Act, 2013 read with the Companies
(Cost Records and Audit) Rules, 2014, the Board of Directors confirms that the requirements relating to
maintenance of cost accounting records and cost audit are not applicable to the Company for the financial
year 2024-25 as the Company does not fall under the prescribed class of companies specified for such
compliance.

21. BOARD MEETINGS:

During the year under review, the Board met Twenty (20) times and the intervening gap between any two
meetings was within the period prescribed under Companies Act, 2013. The details of Board Meeting are
set out in Corporate Governance Report which forms part of this Annual Report.

22. ANNUAL EVALUATION OF THE PERFORMANCE OF THE BOARD, ITS COMMITTEES AND
OF INDIVIDUAL DIRECTORS:

The meeting of the Independent Directors of the Company for the financial year 2024-25 was held on 14th
November 2024 to review and evaluate the performance of the Non-Independent Directors, the
Chairperson, and the Board as a whole. The evaluation was conducted through structured discussions
focusing on the effectiveness of the Boards functioning, quality of participation, governance processes and
overall contribution towards the Companys strategic objectives.

The Company has formulated a Policy on Performance Evaluation, which sets out the criteria for evaluation
of the Board, its Committees, Independent Directors, Executive Directors and Non-Executive Directors.

Pursuant to the above policy and the applicable provisions of the Companies Act, 2013, the Board of
Directors has also carried out an evaluation of its own performance, that of its Committees, and the
performance of individual Directors, and has expressed satisfaction with the results of the evaluation
process.

23. POLICY ON DIRECTORS APPOINTMENT & REMUNERATION:

The Nomination & Remuneration Committee of the Company has formulated the ‘Nomination &
Remuneration Policy on Director s appointment and remuneration which includes the criteria for
determining qualifications, positive attributes, independence of a director and other matters as provided
under Section 178(3) of the Companies Act, 2013. The Nomination & Remuneration Policy is annexed
hereto and forms part of this Report as Annexure D and is also available on the website of the Company at
https://www.paramountdyetec.com/NRC.pdf

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

Not Applicable, during the year under review.

25. THE DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE
TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN
FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE REASONS
THEREOF:

During the year under review, there was no One-Time Settlement (OTS) undertaken by the Company with
any bank or financial institution. Accordingly, the requirement to provide details of any difference between
the valuation at the time of OTS and the valuation done while obtaining loans does not arise.

26. DECLARATION BY INDEPENDENT DIRECTORS:

All the Independent directors of the company have given their statement of declaration under Section 149(7)
of the Companies Act, 2013 ("the Act") that they meet the criteria of independence as provided in Section
149(6) of the Act, and their Declarations have been taken on record.

27. RISK MANAGEMENT:

The Risk Management Policy required to be formulated under the Companies Act, 2013 and SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, has been duly formulated and approved by
the Board of Directors of the Company. The aim of Risk Management Policy is to maximize opportunities
in all activities and to minimize adversity.

28. LOANS, GUARANTEES & INVESTMENTS BY THE COMPANY:

Details of loans, guarantees and investments by the Company to other body corporates or persons are given
in Financial Statements/Notes to the financial statements.

29. MATERIAL AND SIGNIFICANT ORDERS PASSED BY REGULATORS & COURTS:

During the year under review, no material or significant orders were passed by any Regulators, Courts or
Tribunals which could impact the going concern status or the Companys future operations.

30. MATERIAL CHANGES & COMMITMENTS:

There have been no material changes or commitments during the financial year 2024-25 or till the date of
this Report which have an adverse impact on the financial position of the Company. However, the following
significant corporate developments took place during the year, which have strengthened the governance
and future growth prospects of the Company:

• Initial Public Offering (IPO) & Listing

The Company successfully completed its Initial Public Offering (IPO) with allotment of 24,30,000 equity
shares on 04th October 2024, and the equity shares of the Company were listed on the NSE - SME Platform
with effect from 08th October 2024. This has enhanced the Companys capital structure, market visibility
and investor reach.

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Alteration of Articles of Association

In order to align with the requirements of the Companies Act, 2013 and business expansion plans, the
Company adopted a new set of Articles of Association, approved by the shareholders through a Special
Resolution passed on 17th May 2024.

• Alteration of Memorandum of Association

To widen the scope of business activities, a new Sub-clause 1 was inserted under Clause 3(a) of the Main
Objects of the Memorandum of Association. This amendment was approved by the shareholders through a
Special Resolution passed on 29th May 2024.

31. SEXUAL HARASSMENT OF WOMEN AT WORKPLACE:

Your Company is committed to providing a safe, respectful and harassment-free workplace for all
employees, workers and stakeholders. The Company has constituted an Internal Complaints Committee
(ICC) in compliance with the provisions of the Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013, and the Rules framed thereunder.

The Company continuously strives to maintain a work environment that upholds dignity, equality and
fairness, and is free from any form of discrimination or harassment, including sexual harassment.
Awareness initiatives and preventive mechanisms are in place to ensure that employees are informed about
their rights and the process for redressal of grievances.

During the financial year ended 31st March 2025, no complaints of sexual harassment were reported or
filed with the Internal Complaints Committee.

32. RELEVANT EXTRACT OF ANNUAL RETURN:

Pursuant to the provisions of Section 134(3)(a) of the Companies Act, 2013 read with the rules made
thereunder, the Annual Return of the Company has been disclosed on the website of the Company and web
link thereto is https://www.paramountdyetec.com/index.html

33. SECRETARIAL AUDIT:

M/s Lal Ghai & Associates, Practising Company Secretaries, Ludhiana (Registration No. P2014PB033300)
were appointed by the Board of Directors as the Secretarial Auditors of the Company for the financial year
2024-25, in accordance with the provisions of Section 204 of the Companies Act, 2013 and the rules framed
thereunder.

The Secretarial Auditors have completed the Secretarial Audit for the financial year ended 31st March 2025
and submitted their Secretarial Audit Report in Form MR-3, which forms part of this Annual Report as
Annexure - E. The Report is self-explanatory and does not require any further comments from the Board.

Further, based on the satisfactory performance and in compliance with applicable regulatory requirements,
the Board of Directors has recommended the appointment of M/s Lal Ghai & Associates as Secretarial
Auditors of the Company for a term of five (5) consecutive financial years, commencing from 01st April
2025 up to 31st March 2030, subject to the approval of the Members at the ensuing Annual General
Meeting.

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34.

RELATED PARTY TRANSACTION:

The Company has in place a Policy on Related Party Transactions in compliance with the provisions of the
Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
which governs the approval and monitoring of all related party transactions to ensure transparency and
arms length dealings.

All related party transactions undertaken during the financial year 2024-25 were in the ordinary course of
business and on an arms length basis, and were duly approved in accordance with the applicable laws and
internal policy framework. There were no materially significant related party transactions that could have
a potential conflict with the interests of the Company.

The details of related party transactions for the year are provided in Form AOC-2, annexed to this Report
as Annexure - A.

The Company s policies, including the Policy on Related Party Transactions, are available on the
Companys website at:

https://www.paramountdvetec.com/POLICY%20FOR%20RELATED%20PARTY%20TRANSACTIQN

S.pdf

35. VIGIL MECHANISM:

The Company has in place a whistleblower policy, to support the Code of Business Ethics. This policy
documents the Companys commitment to maintain an open work environment in which employees,
consultants and contractors are able to report instances of unethical or undesirable conduct, actual or
suspected fraud or any violation of Company s Code of Business Ethics at a significantly senior level
without fear of intimidation or retaliation.

Individuals can also raise their concerns directly to the chairman of the Audit Committee of the Company.
Any allegations that fall within the scope of the concerns identified are investigated and dealt with
appropriately. Further, during the year, no individual was denied access to the Audit Committee for
reporting concerns, if any. The details of establishment of vigil mechanism for Directors & employees to
report genuine concerns are available at the website of the Company viz.
https://www.paramountdyetec.com/VIGIL%20MECHANISM%20 WHISTLE%20BLQWER%20PQLIC
Y.pdf

36. INTERNAL FINANCIAL CONTROLS & ITS ADEQUACY:

The Company continuously focuses on strengthening its internal control framework to ensure efficient and
reliable operations. An adequate system of internal financial controls commensurate with the size, scale
and nature of its business has been established, which is designed to ensure the orderly and efficient conduct
of business activities.

These controls provide reasonable assurance regarding:

• Accuracy, reliability and integrity of financial and operational information

• Compliance with applicable laws, regulations and internal policies

• Safeguarding of the Companys assets

• Prevention and detection of frauds and irregularities

• Maintenance of proper accounting records

• Effective execution of business processes

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The internal control systems are reviewed periodically and continuously monitored to enhance their
effectiveness and support the Company in achieving its operational and strategic objectives.

37. FAMILIARISATION PROGRAM FOR DIRECTORS:

The Company provides a structured orientation and familiarization programme for all its Directors,
including Independent Directors, to enable them to understand the Companys business model, operations,
governance framework and their roles and responsibilities in an effective manner. Periodic briefings and
information-sharing sessions are conducted to keep the Directors updated on significant developments in
the Company, industry trends, regulatory changes and global and domestic business environment impacting
the Company.

The Directors are provided with necessary documents, presentations and access to key information to enable
informed decision-making and effective participation at Board and Committee meetings.

The details of the familiarization programme for Independent Directors are available on the website of the
Company at the following link:

https://www.paramountdvetec.com/FAMILIARISATION%20PROGRAMME%20FQR%20INDEPEND

ENT%20DIRECTORS.pdf

38. DEPOSITS

The company has received loan from entities as falls under Rule 2(1)(c) which shall not be considered as
deposits as per Companies (Acceptance of Deposits) Rules, 2014 under the Companies Act, 2013.

39. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE
EARNINGS & OUTGO:

Information on conservation of energy, technology absorption and foreign exchange earnings and outgo is
given in Annexure B to this report.

40. PARTICULARS OF EMPLOYEES:

In accordance with the provisions of Section 197(12) of the Companies Act, 2013 and Rule 5(2) of
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the names and other
particulars of employees are set out in the Annexure- C to this report and forms part of this report.

41. BUSINESS RESPONSIBILITY REPORT:

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandate the inclusion of the
Business Responsibility & Sustainability Report as part of the Annual Report for top 1000 listed entities
based on market capitalization, However, this year the company does not fall under the top 1000 listed
entities based on market capitalization, hence there is no requirement to prepare such report.

42. DIRECTORS RESPONSIBILITY STATEMENT:

The Directors would like to assure the Members that the financial statements for the year under review
confirm in their entirety to the requirements of the Companies Act, 2013. The Directors confirm that:

a) In the preparation of the annual accounts/financial statements, the applicable accounting standards
have been followed along with proper explanation relating to material departures;

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b) Appropriate accounting policies have been selected and applied consistently and have 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 as at 31st March, 2025 and of the profit/loss of the Company for
the year ended on 31st March, 2025;

c) Proper and sufficient care has been taken for maintenance of adequate accounting records in
accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the
Company and for preventing and detecting fraud and other irregularities;

d) The annual accounts/financial statements have been prepared on a going concern basis.

e) That Internal financial controls were laid down to be followed by the company and that such
internal financial controls are adequate and were operating effectively.

f) Proper systems had been devised to ensure compliance with the provisions of all applicable laws
and that such systems were adequate and operating effectively.

43. CORPORATE SOCIAL RESPONSIBILITY:

The provisions relating to Corporate Social Responsibility are not applicable to the Company based on
Annual Financial Statements.

44. ACKNOWLEDGEMENT:

Your Directors express their gratitude to the Companys vendors, customers, Banks, Financial Institutions,
Shareholders & society at large for their understanding and support. Finally, your Directors acknowledge
the dedicated services rendered by all employees of the company.

By order of the Board
For Paramount Dye Tec Limited

Date: 06.12.2025	Palki Arora	Kunal Arora
Place: Village Mangarh, Machiwara Road,	Director	Managing Director cum CFO
Kohara, Ludhiana- 141112 PB	DIN: 09791271	DIN: 09791270