Plaza Wires Ltd Directors Report

TO THE MEMBERS PLAZA WIRES LIMITED

Your Directors have pleasure in presenting their 20th Annual Report, together with the Audited Annual Standalone Financial Statements of the Company for the year ended March 31, 2026.

FINANCIAL SUMMARY / STATE OF THE COMPANYS AFFAIRS

The Companys financial performances for the year ended March 31, 2026 along with the previous years figures are Summarized below:

(Rs. in Millions)

PARTICULARS	STANDALONE
	YEAR ENDED MARCH 31, 2026	YEAR ENDED MARCH 31, 2025
Revenue from Operations and Other Income
a) Revenue from Operations	3180.58	2181.75
b) Other Income	3.46	8.32
Profit before Finance Costs, Depreciation and Amortisation expenses and Tax expenses	160.25	87.21
Less: Finance Cost	30.85	29.19
Less: Depreciation and Amortisation Expenses	29.78	18.88
Profit before Exceptional Items and Tax	99.62	39.14
Profit before Tax	99.62	39.14
Tax Expenses	26.59	10.31
Profit for the Year	73.03	28.84
Other Comprehensive Income for the year, net of tax	0.63	(1.94)
Total Comprehensive income for the year, net of tax	73.65	26.90

REVIEW OF BUSINESS OPERATIONS ON STANDALONE BASIS

During the year, the company achieved a turnover of 3180.58 Million as against 2181.75 million as against million in FY 2024-25, showing a growth of 45.78 %. The Company has earned profit before tax of 99.62 million as compared to 39.14 million in the preceding year and Net Profit after tax of 73.03 million compared to 28.84 million in the preceding year.

SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES

Company does not have any subsidiary, Joint Venture or Associate Company.

RESERVES

During the Year, no amount is transferred to Reserve.

DIVIDEND & APPROPRIATIONS

The Board of Directors of the Company do not recommend any dividend for the financial year March 31, 2026, to plough back the profit to meet with the fund requirements of the business.

MATERIAL CHANGES AND COMMITMENTS

There are no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statement relates and the date of report.

CHANGES IN THE NATURE OF BUSINESS

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

RATING BY EXTERNAL RATING AGENCIES

(A) BANK FACILITIES RATING BY CRISIL RATINGS

CRISIL Rating to the Total Bank Loan facilities of Plaza Wires Limited vide letter dated March 30, 2026. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Long Term rating is CRISIL BBB-/ Negative vide letter dated mentioned above.

SHARE CAPITAL HISTORY

During the year, No change has been observed in the Share Capital the Company.

KFIN Technologies Limited is the Registrar and Share Transfer Agent of the Company.

The Annual Listing fees for the financial year 2025-26 have been paid to both the Stock Exchanges.

DESCRIPTION OF SECURITIES	NO. OF SECURITIES	BSE LIMITED (SCRIP CODE)	NATIONAL STOCK EXCHANGE OF INDIA LIMITED (SYMBOL)
Equity shares of 10/- each fully paid up	43,752,078	544003	PLAZACABLE

Accordingly, the paid-up share capital of the company is Rs.43,75,20,780/- divided into 43,752,078 equity shares of TI0/- each as on 31st March, 2026.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION 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 Act, read along with Rule 8 of the Companies (Accounts) Rules, 2014, is annexed herewith as Annexure - A

PARTICULARS OF EMPLOYEES

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 (Rules) are annexed to this report as Annexure - B.

In terms of the provisions of Section 197(12) of the Act read with Rules 5(2) and 5(3) of the Rules, a statement showing the names and other particulars of employees drawing remuneration in excess of the limits set out in the said Rules forms part of this report. Further, the report and the annual accounts are being sent to the Members excluding the aforesaid statement. In terms of Section 136 of the Act, the said statement will be open for inspection upon request by the Members. Any Member interested in obtaining such particulars may write to the Company Secretary and Compliance officer at compliance@plazawires.in.

DIRECTORS RESPONSIBILITY STATEMENT

Based on the framework of internal financial controls and compliance system established and maintained by the Company, work performed by the internal, statutory, cost, and secretarial auditors and external agencies including audit of internal financial controls over financial reporting by the statutory auditors 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 financial year 202526.

(I) In the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to the material departures;

(II) They have selected such accounting policies and applied them consistently and made judgment 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 the year;

(III) They have taken proper and sufficient care for the maintenance of adequate accounting records, and the adequate steps have been taken to make it afresh, 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) They have prepared the annual accounts on a going concern basis.

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

DIRECTORS & KEY MANAGERIAL PERSONNEL

As on 31st March, 2026, the Board comprised of 8 (Eight) Directors including 4 (Four) Independent Directors. The Board has an appropriate mix of Executive, Non-Executive and Independent Directors, which is in compliance with the requirements of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and is also aligned with the best practices of Corporate Governance.

II. CESSATION

During the year under review, there has been no cessation or resignation of any Director.

III. KEY MANAGERIAL PERSONNEL (KMP)

During the financial year ended 31st March, 2026, the following persons were acting as Key Managerial Personnel of the Company in compliance with the provisions of Section 203 of the Companies Act, 2013:

S. NO. NAME OF THE KMP	DESIGNATION
1. Mr. Sanjay Gupta	Managing Director
2. Mrs. Sonia Gupta	Whole-time Director
3. Mr. Abhishek Gupta	Whole-time Director
4. Mr. Aditya Gupta	Whole-time Director
5. Mr. Ajay Kumar Batla	Chief Financial Officer
6. Ms. Bhavika Kapil	Company Secretary & Compliance officer

IV. DECLARATION FROM INDEPENDENT DIRECTORS

All Independent Directors of the Company have given declarations under Section 149(7) of the Act, that they meet the criteria of independence as laid down under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regula- tions, 2015. In terms of Regulation 25(8) of the SEBI (Listing Obligations and Disclosure Requir- ements) Regulations, 2015, the Independent Directors have confirmed that they are not aware of any circumstance or situation, which exists or may be reasonably anticipated, that could impair or impact their ability to discharge their duties with an objective independent judgem- ent and without any external influence. The Independent Directors of the Company have und- ertaken requisite steps towards the inclusion of their names in the data bank of Independent Directors maintained with the Indian Institute of Corporate Affairs, in terms of Section 150 read with Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014.

In the opinion of the Board, the Independent Directors possess the requisite expertise and experience and are persons of high integrity and repute. They fulfill the conditions specified in the Act as well as the Rules made thereunder and are independent of the management.

The Company had sought a certificate from the M/s. Sarika Jain & Associates, Practicing Company Secretaries, Delhi Secretarial Auditors (FRN NO. I2010DE725400) of the Company confirming that none of the Directors on the Board of the Company have been debarred or disqualified from being appointed and/or continuing as Directors by the SEBI/MCA or any other such statutory authority.

SEPARATE MEETING OF THE INDEPENDENT DIRECTOR

In terms of requirements of Schedule IV of the Companies Act, 2013, the Independent Directors of the Company met separately on 11th March, 2026 to inter alia review the perfor- mance of NonIndependent Directors (including the Chairman), the entire Board and the quality, quantity and timeliness of the flow of information between the Management and the Board. Additionally, they also evaluated the Chairman of the Board.

V. ANNUAL PERFORMANCE EVALUATION BY THE BOARD

Pursuant to Section 134(3)(p) of the Companies Act, 2013, the applicable Rules made thereunder, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration Committee laid down the criteria and framework for the annual performance evaluation of the Board of Directors, its Committees, and Individual Directors, including Independent Directors. The evaluation was conducted through a structured questionnaire covering aspects such as Board composition, diversity of skills and experience, effectiveness of processes, quality and timeliness of information flow, strategic oversight, governance practices, participation in discussions, decision-making, and overall Board effectiveness.

A separate meeting of the Independent Directors was also held on March 11, 2026, to review the performance of the Executive Director, Non-Independent Directors, and the Board as a whole, while assessing the adequacy of information flow between management and the Board. All Directors participated in the evaluation process and provided feedback through the prescribed mechanism. The performance of each Independent Director was evaluated by the Board (excluding the Director being evaluated) on parameters such as attendance, participation, independent judgment, safeguarding, stakeholder interests, and contribution to governance practices.

The Committee reviewed the evaluation process and was satisfied with its objectivity and effectiveness, while the Board noted with satisfaction the overall effectiveness of the Board, its Committees, and Individual Directors. No material concerns were identified, and the suggestions received will be considered to further strengthen governance and enhance Board effectiveness.

VI. FAMILIARIZATION PROGRAMME FOR INDEPENDENT DIRECTORS

Pursuant to SEBI (LODR) Regulations, 2015, the Company has conducted the familiarization program for Independent Directors during the year under review. The Board members are provided with necessary information, documents, reports and internal policies to familiarize them with the Companys procedures and practices. The familiarization program aims to familiarize the Independent Directors with the Company, their roles, rights, responsibilities in the Company, nature of the industry in which the Company operates, business model of the Company etc. The Companys Policy of conducting the familiarization Program has been disclosed on the website of the Company at www.plazawires.in.

The details of Familiarization Programs have been uploaded on the website of the Company at www.plazawires.in.

DEPOSITS

The Company has not accepted any Deposit within the meaning of Section 73 of the Companies Act, 2013 and rules made there under. As such, no amount of principal or interest was outstanding as of the Balance Sheet date, nor is there any deposit in non-compliance of Chapter V of the Companies Act, 2013.

MEETINGS OF THE BOARD

During the Financial Year 2025-26, Four (04) meetings of the Board of Directors were held in compliance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intervening gap between any two consecutive Board Meetings did not exceed the period prescribed under the applicable laws.

The details regarding the number of Board Meetings held during the year, attendance of the Directors there at and other related information are provided in the Corporate Governance Report, which forms an integral part of this Annual Report.

PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS

Pursuant to the provisions of Section 186 of the Companies Act, 2013, the particulars of loans given, guarantees provided, securities given and investments made by the Company during the financial year under review are disclosed in the Notes to the Financial Statements forming part of this Annual Report.

PARTICULARS OF CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES

All contracts, arrangements and transactions entered into by the Company with related parties during the financial year under review were in the ordinary course of business and on an arms length basis and were in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Audit Committee reviews the Related Party Transactions on a periodic basis.

The Company has formulated a policy on dealing with Related Party Transactions. The same is available on the Companys website at https://www.plazawires.in/policies.php.

Details of all transactions with related parties are disclosed in the accompanying Standalone Financial Statements. Members may refer to Note No. 33, which provides the related party disclosures in accordance with Ind AS 24.

Since all Related Party Transactions entered into by the Company during the year were in the ordinary course of business and on an arms length basis, the disclosure of particulars of contracts or arrangements with related parties in Form AOC-2, as prescribed under Section 134(3)(h) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Accounts) Rules, 2014, is not applicable to the Company.

POLICY ON APPOINTMENT AND REMUNERATION FOR DIRECTORS, KEY MANAGERIAL PERSONNEL AND SENIOR MANAGEMENT EMPLOYEES:

Pursuant to the provisions of Section 178 of the Companies Act, 2013 and Regulation 19 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and on recommendation of the Nomination & Remuneration Committee, the Board of Directors have adopted a policy for selection and appointment of Directors, Key Managerial Personnel (KMPs), Senior Management Personnel (SMPs) and their remuneration including criteria for determining qualifications, positive attributes, independence of a director and other related matters, the key features of which is as follows:

The Committee shall identify and ascertain the integrity, qualification, expertise and experience of the person proposed to be appointed as Director, KMP or Senior Managerial Personnel and recommend to the Board his/her appointment.

A person should possess adequate qualification, expertise and experience for the position for which appointment is considered. The Committee has discretion to decide whether qualification, expertise and experience possessed by the person is sufficient as per the requirement of the concerned position.

The Company shall not appoint or continue employment of any person as Managing Director, Whole-time Director or Manager who has attained the age of seventy years provided that the term of person holding this position may be extended beyond the age of seventy years with the approval of the shareholders by passing a special resolution based on the justification stating reasons/ clarification for extension of appointment beyond seventy years.

Additionally in compliance with Regulation 17 (1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company shall not appoint or continue the appointment of a non-executive director who has attained the age of seventy-five years, unless a special resolution is passed by the shareholders, to that effect, in which case the explanatory statement annexed to such motion shall indicate the justification appointing such person. The Nomination and Remuneration Policy has been placed on the website of the Company viz https://www.plazawires.in/policies.php.

CORPORATE SOCIAL RESPONSIBILITY

Pursuant of the provisions of Section 135 read with Companies (Corporate Social Responsibility) Rules, 2014, the Company has formed Corporate Social Responsibility committee and Corporate Social Responsibility (CSR) Policy.

The brief outline of the Corporate Social Responsibility (CSR) Policy of your company along with the initiative taken by it are set out in Annexure- C of this report in the format prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014. The policy is available on the website of the company, https://www.plazawires.in/policies.php.

During the financial year under review, the Company was required to spend 13,22,200/- against CSR activity. The Company has made a contribution amounting to Rs. 13,22,200/- to Vertex Kalyan Sansthan Trust for the project named Women Empowerment is permissible CSR activity.

As on the year ended 31st March 2026, the composition of the CSR Committee is as follows

S. NO. NAME OF THE KMP	DESIGNATION
1. Mr. Sanjay Gupta, Managing Director	Chairman
2. Mr. Abhishek Gupta, Whole Time Director	Member
3. Ms. Chetna, Independent Director	Member

HE DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANYS OPERATIONS IN FUTURE:

During the year under review there has been no significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and the Companys operations in future; except the general ones mentioned below:

a) a) The company received an Order in Appeal dated 20th February, 2026 upholding demand confirmed in order-in original received from Commissioner (Appeals) Cental GST Tax Appeals Commissionerate, The company has now filed an appeal in GST Appellate Tribunal Chandigarh dated 23.06.2026 against the said order received from Commissioner (Appeals) Cental GST Tax Appeals Commissionerate.

ANNUAL RETURN

As required under Section 92(3) read with the Section 134(3)(a) of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014, the copy of Annual Return in Form MGT-7 as on 31st March, 2026 will be placed on the website of the Company and can be accessed at https://www.plazawires.in.

STATUTORY AUDITORS

M/s Shailendra Goel & Associates, Chartered Accountants, Delhi were appointed as the Statutory Auditor of the company at the Annual General Meeting held on September 30th 2025, for a Second term of five consecutive years, to hold office from the conclusion of the 19th Annual General Meeting until conclusion of 24th Annual General Meeting of the Company.

The Company has received confirmation from the statutory auditor to the effect that they are not disqualified from continuing as Auditors of the company in terms of the provisions of the companies act, 2013 and rules made thereunder.

REMARKS ON QUALIFICATIONS BY STATUTORY AUDITORS

The Statutory Auditors have not made any qualifications, observation or adverse remark in their Reports.

For Details information Please refer independent Auditor Report for the FY 2025-26.

Further, none of the Auditors of the Company have reported any fraud as specified under the second proviso of Section 143 (12) of the Act.

DIVIDEND DISTRIBUTION POLICY

The Dividend Distribution Policy of the Company is available on Companys website and is accessible through weblink https://www.plazawires.in/policies.php.

RISK MANAGEMENT

The Company has a well-defined Risk Management framework in place to identify, assess and mitigate potential risks across its operations. The Board of Directors oversees the risk management process and periodically reviews the key risk areas and mitigation measures. The Companys risk management practices are aligned with its business objectives and are aimed at safeguarding the interests of the Company and its stakeholders while ensuring sustainable growth and financial stability. The Risk Management Policy is available on the website of the Company at https://www.plazawires.in/policies.php.

As on March 31, 2026, the Company is not required to constitute a Risk Management Committee in terms of Regulation 21 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CORPORATE GOVERNANCE

Our corporate governance practices are a reflection of our value system encompassing our culture, policies, and relationships with our stakeholders. Integrity and transparency are key to our corporate governance practices to ensure that we gain and retain the trust of our stakeholders at all times. Corporate governance is about maximizing shareholder value legally, ethically and sustainably. The Company has taken adequate steps to adhere to all the stipulations laid down in Regulation 17 to 27 and 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A separate report on Corporate Governance along with the certificate from Ms. Sarika Jain & Associates, Practicing Company Secretaries confirming the compliance of Corporate Governance requirements is the part of this Annual report.

Your Company has also been enlisted in the SEBI Compliant Redressal System (SCORES) enabling the investors to register their complaints, if any for speedy redressal. Further the company has also registered themselves on Smart Online Dispute Resolution (ODR) Portal for the purpose to provide a user-friendly, technology-driven platform for resolving conflicts such as grievances or disputes through online conciliation and arbitration.

COMMITTEES OF THE BOARD

In accordance with the provisions of the Companies Act, 2013, the Company has constituted Five committees of the Board, namely:

1. Audit Committee

2. Stakeholders Relationship Committee;

3. Nomination and Remuneration Committee; and

4. Corporate Social Responsibility Committee

5. Management Committee

A detailed note on the composition of the Board and its committees, including its terms of reference, is provided in the Corporate Governance Report. The composition and terms of reference of all the Statutory Committee(s) of the Board of Directors of the Company is in line with the provisions of the Act and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

COMPOSITION OF AUDIT COMMITTEE

As on 31st March, 2026, the Audit Committee comprises of Ms. Monam Kapoor, Ms. Chetna, Independent Director and Mr. Sanjay Gupta, Managing Director of the Company.

Ms. Monam Kapooor is the Chairperson of Audit Committee of the Company. The Company Secretary and Compliance Officer of the Company acts as Secretary of the Audit Committee. All the recommendations made by the Audit Committee were accepted by the Board of Directors of the Company. Other details with respect to Audit Committee are given in Report of Corporate Governance, forming part of this Report.

The Audit Committee of the Company reviews the reports to be submitted with the Board of Directors with respect to auditing and accounting matters. It also supervises the Companys internal control and financial reporting process and vigil mechanism.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

In terms of the provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Managements Discussion and Analysis Report is set out in this Annual Report.

SHARE CAPITAL

As on March 31, 2026, the Authorized Share Capital of the Company was 50,00,00,000 /- (Rupees Fifty Crores only) divided into 5,00,00,000 (Five Crore) Equity Shares of 10/- each (Rupees Ten Only).

During the year under review, the paid up share capital of the Company is 43,75,20,780/- divided into 43752078 Equity shares of 10/- each.

The Equity Shares issued during the year rank pari passu with the existing Equity Shares of your Company.

INTERNAL AUDITORS

Pursuant to the provisions of Section 138 of the Act read with Companies (Accounts) Rules, 2014, the Board, on recommendation of the Audit Committee, appointed M/s. BARS & Co. Chartered Accountants, Delhi, as Internal Auditors of the Company for the financial year 2026-27. The Internal Auditors monitor and evaluate the effectiveness and adequacy of internal control systems in the Company, its compliances with the operating systems, accounting procedure and polices at all locations of the Company and reports to the Audit Committee on the quarterly basis.

INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE FINANCIAL STATEMENTS

The Company has in place proper and adequate internal control systems commensurate with the nature of its business, size and complexity of its operations. Internal control systems comprising of policies and procedures are designed to ensure reliability of financial reporting, compliance with policies, procedures, applicable laws and regulations and that all assets and resources are acquired economically, used efficiently and adequately protected.

COST AUDITORS

Your Board of Directors has re-appointed M/s Deepak Mittal & Co., Cost Accountants were reappointed as cost auditors of the company to conduct audit of cost records maintained by the company for the Financial Year 2026-27 in accordance with section 148 and the companies ( cost records and Audit) rules, 2014 after obtaining his consent and certificate under section 139, 141 and 148 of the companies act, 2013 read with the companies (Audit and Auditors) Rules, 2014 where they have confirmed their consent and eligibility to act as cost auditors of the company.

Your company has maintained cost records and accounts as specified by the central government under sub-section (1) of section 148 of the companies act, 2013.

COST AUDIT REPORT

There are no qualifications, reservations or adverse remarks made by cost auditors in their report for the FY 2025-26. Further, the cost audit report for the FY 2024-25 was filed on 04th September, 2025.

COMPLIANCE WITH THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

Your Company is firmly committed to maintaining a harassment-free workplace and enforces a zero tolerance approach toward sexual harassment. To safeguard all of its employees (permanent, contractual, temporary, trainees), the Company has implemented a Policy on Prevention, Prohibition, and Redressal of Sexual Harassment, ensuring that all individuals are protected and that complaints are addressed promptly and effectively. The policy is supported by duly constituted Internal Committees in accordance with the provision relating to the constitution of Internal Complaints Committees under POSH, 2013, ensuring confidentiality, impartiality, fairness and timely resolution of complaints in accordance with applicable laws and internal governance standards. During the year under review, your Company has not received any complaint pertaining to sexual harassment.

COMPLIANCE WITH THE MATERNITY BENEFIT ACT, 1961:

The Company has complied with the applicable provisions of the Maternity Benefit Act, 1961, including the amendments made thereunder and the rules framed thereto. The Company is committed to providing a safe, inclusive and supportive workplace and ensuring that eligible employees are provided maternity benefits in accordance with the applicable statutory requirements.

GENDER-WISE COMPOSITION OF EMPLOYEES:

S. NO. PARTICULARS	NO. OF EMPLOYEES AS ON 31.03.2026
1. Male Employees	187
2. Female Employees	12
3. Transgender Employees	0

VIGIL MECHANISM/WHITSLE BLOWER POLICY

The Company has adopted Vigil Mechanism / Whistle Blower Policy, which was approved and adopted by the Board of Directors of the Company as per the provisions of Section 177(9) and (10) of the Act, Regulation 22 of the SEBI Listing Regulations and Regulation 9A of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The said policy provides a formal mechanism for all Directors and employees of the Company to approach Chairperson of the Audit Committee of the Company and make protective disclosures about the unethical behaviour, actual or suspected fraud and violation of the Companys Code of Conduct and Business Ethics. Under the Policy, each Director / employee of the Company has an assured access to the Chairperson of the Audit Committee.

The Policy is displayed on the website of the Company https://www.plazawires.in/policies.php. SECRETARIAL AUDITORS

Pursuant to the provisions of Section 204(1) of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company appointed M/s. Sarika Jain & Associates, Practicing Company Secretaries, Delhi to undertake Secretarial Audit of the Company for the financial year 2025-26. The Secretarial Audit Report forms part of this Report. The Auditor does not have any observation.

ANNUAL SECRETARIAL COMPLIANCE REPORT

The secretarial compliance report for the financial year ended March 31, 2026 in compliance of all applicable SEBI Regulations and circulars/guidelines issued thereunder, was obtained from M/s Sarika Jain & Associates, Practicing company secretaries, Delhi, Secretarial Auditors and submitted to the stock exchanges.

COMPLIANCE WITH SECRETARIAL STANDARDS

The Company has devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and your directors confirm compliance of the same during the financial year under review.

VALUATION OF ASSETS

During the financial year under review, there was no instance of one-time settlement of loans / New financial assistance taken from Banks or Financial Institutions, hence the Company was not required to carry out valuation of its assets for the said purpose.

APPRECIATIONS

The Board of Directors wish to place on record its deep sense of appreciation for the committed services by all the employees of the Company. The Board of Directors would also like to express their sincere appreciation for the assistance and co-operation received from the government and regulatory authorities, stock exchanges, depositories, banks, customers, vendors and members during the year under review.

	For and on Behalf of Board of Directors of
	Plaza Wires Limited
	SANJAY GUPTA
Date: August 13, 2026	Chairman and Managing Director
Place: Delhi	DIN:00202273