Premier Roadlines Ltd Directors Report

To the Members of Premier Roadlines Limited

The Board of Directors takes pleasure in presenting the 18th (Eighteenth) Annual Report on the business and operations of the Premier Roadlines Limited (‘the Company or ‘PRL) along with the Companys Annual Audited Standalone and Consolidated Financial Statements and Statutory Auditors Report thereon for the Financial Year ended on March 31, 2025.

1. COMPANYS PERFORMANCE

The Companys financial highlights, for the year under review along with previous years figures, are given hereunder: (Amount in Rs. Lacs, unless otherwise stated)

PARTICULARS	STANDALONE		CONSOLIDATED
	As on 31st March, 2025	As on 31st March, 2024	As on 31st March, 2025	As on 31st March, 2024
Revenue from Business Operations	28825.58	22854.31	28889.47	-
Other Income	22.53	3.56	22.99	-
Total Revenue	28848.12	22857.87	28912.47	-
Profit before tax	2111.05	1693.86	2117.31	-
Less: Tax Expense	542.47	431.44	543.36	-
Profit after Tax	1568.58	1262.42	1573.94	-
Share of profit/ (loss) in associate	-	-	-	-
Net profit after Tax	1568.58	1262.42	1573.94	-
Other Comprehensive Income/Loss	-	-	-	-
Total comprehensive Income/Loss	1568.58	1262.42	1573.94	-

Your Companys total revenue on a standalone basis has increased from Rs. 22854.31 Lacs in the previous year to Rs. 28825.58 Lacs in the current year. Out of the total revenue, the major portion of the revenue came from Domestic Transport Operations which stood at about 99.3% of the total revenue. The net profit on a standalone basis amounted to Rs. 1568.58 Lacs in the current year.

On consolidated basis, the total revenue is Rs. 28889.47 Lacs in the current year. The consolidated Net Profit amounted to Rs. 1573.94 Lacs in the current year.

2. STATE OF COMPANYS AFFAIRS AND FUTURE OUTLOOK

About Us:

Premier Roadlines Limited (PRL), established in 2008, is an IBA-approved and ISO-certified surface logistics company with deep specialization in transporting

Over-Dimensional Cargo (ODC), particularly for the power, transformer, and energy sectors. Backed by over four decades of industry experience, the Company provides customized transportation solutions for cargo ranging from 1 MT to 250 MT, including transformers, turbines, generators, and other critical project equipment.

PRL operates through a PAN India network of 28 strategically located branches and offers a wide range of logistics services:

• Project Logistics

• Over-Dimensional/Overweight Cargo

• Contracted Integrated Logistics

• General Freight Transportation

The Company combines its own fleet of trailers, pullers, trucks, and hydraulic axles with a strong network of third-party operators to deliver nationwide service across sectors such as power transmission, energy, renewables, defense, hydro, and EPC. In FY 2024–25,

PRL executed 35,739 orders for 695 clients, deploying over 23,000 vehicles, including deliveries to difficult terrain and remote project sites.

Premier Roadlines has become a preferred logistics partner for many transformer manufacturers and EPC firms in India. Key clients includeKEC International, Megha Engineering, L&T, and Tata Power, who rely on PRL for time-sensitive, heavy-load transportation and end-to-end project movement.

Market Outlook:

India is entering a high-investment phase in power infrastructure and transformer manufacturing, supported by government initiatives such as PM Gati Shakti, the National Logistics Policy, and expanding

Green Energy Corridors. With transmission capacity expansion and the shift toward renewable energy integration, the movement of large transformers, HVDC units, switchgear, and substations is expected to rise sharply.

According to industry estimates, Indias transformer market is expected to grow at a CAGR of 8.5% from FY25 to FY32, driven by rising electricity demand, grid modernization, and energy transition. These developments present a strong opportunity for logistics providers with the capability to manage ODC, last-mile delivery, and site-specific unloading for large, high-value power equipment.

Government spending remains a key driver — with Rs. 11.21 lakh crore allocated for infrastructure development in Union Budget 2025–26 and a record Rs. 2.5 lakh crore spent on national highways in FY25 alone. Better roads, multimodal corridors, and digital logistics tools are expected to further improve efficiency and expand addressable markets for specialized logistics.

Business Outlook:

In FY 2025–26, PRL aims to deepen its engagement in the power transmission and transformer sectors, where the need for specialized logistics is rising. The Company will continue to focus on:

• Strengthening its position as a preferred transporter for large power equipment

• Supporting EPC clients with end-to-end movement of transformers, switchyards, and civil infrastructure material.

• Handling complex routes through engineering-led planning and real-time execution To support this vision, PRL has expanded its specialized fleet 7 pullers and 74 hydraulic axles, enabling it to take on high-capacity jobs without reliance on outsourced assets. These additions were funded through a mix of IPO proceeds, internal accruals, and bank finance.

PRL is also investing in ERP systems, automated permit workflows and GPS tracking, which allow project teams and clients to monitor vehicle location,of cargo status, and transit timelines in real time.

Through its wholly owned subsidiary, Premier Worldwide Logistics Pvt. Ltd. (Formerly known as PRL Supply Chain Solutions Pvt. Ltd.), the Company is expanding into global freight, warehousing and integrated 3PL services, offering comprehensive supply chain solutions for large manufacturers and project owners.

Future Outlook:

Premier Roadlines is well-positioned to capitalize on the increasing demand for specialized logistics in the power, transformer, and energy sectors, supported by its fleet readiness, regulatory expertise, and client relationships.

With rising transformer production, energy transition goals, and robust government capex, the Company expects continued order flow from existing clients and new opportunities from public and private sector power infrastructure projects.

The Companys strategic focus on asset optimization, digital enablement and sector-specific execution ensures that it will continue delivering safe, reliable, and timely logistics solutions across India.

3. CHANGE IN THE NATURE OF BUSINESS, IF ANY

There was no change in the nature of business of the Company during the year under review.

4. DIVIDEND

No dividend was declared for the financial year ended on 31^st March, 2025.

5. SHARE CAPITAL

During the Financial Year under review: a. The Authorized Equity Share Capital of the Company as on 31^st March, 2025 is Rs. 25,00,00,000/- divided into 2,50,00,000 Equity Shares of Rs. 10/- each. b. The Paid up Share Capital of the Company as on 31^st March, 2025 is Rs. 22,86,25,470/- divided into 2,28,62,547 Equity Shares of Rs. 10/- each.

Details of Changes in Paid-up Share Capital:

The Board of Directors, in their meeting held on May 15, 2024, approved the allotment of 60,24,000 Equity Shares of Rs. 10 each at an issue price of Rs. 67 per share (including a premium of Rs. 57 per share) under the Initial Public Offer that opened on May 10, 2024 and closed on May 14, 2024.

6. TRANSFER TO RESERVES

The Directors do not propose to transfer any amount to reserves. The amount of the Net Profit Rs. 1568.58 Lacs carried to the Reserves and Surplus as shown in notes to the financial statements for the year ended on March 31, 2025.

7. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES

During the Financial Year under review, the Company acquired a 100% stake in Premier Worldwide Logistics Private Limited on November 12, 2024, thereby making it a wholly-owned subsidiary. As on March 31, 2025, the Company does not have any Joint Venture and Associate Company.

A brief profile of Premier Worldwide Logistics Private Limited is given hereunder:

Premier Worldwide Logistics Private Limited

(Formerly known as PRL Supply Chain Solutions Private Limited) was incorporated under the provisions of Companies Act, 2013 on October 05, 2017.

Premier Worldwide is engaged in the business of fleet carriers, operators and transporter contractors.

The financial performance of the subsidiary has been duly reviewed and consolidated with the Company as per applicable accounting standards.

Pursuant to Section 129(3) of the Act read with Rule 5 of the Companies (Accounts) Rules, 2014, a statement containing the salient features of the Financial Statements of the Companys Subsidiary in Form AOC-1 is attached to this report as Annexure-I.

8. DIRECTORS AND KEY MANAGERIAL PERSONNEL a) Change in Directors and Key Managerial Personnel during the Financial Year 2024-25:

During the Financial Year 2024-25, there were some changes in the composition of the Board of Directors and Key Managerial Personnel of the Company. Key highlights of which are as follows:

• Mr. Naveen Bansal has resigned as a Non-Executive Director of the Company with effect from July 03, 2024.

• Mr. Amit Kumar has been appointed as an Additional Non-Executive Director of the Company with effect from August 01, 2024 by the Board and Regularize as Non-Executive Director of the Company with effect from September 18, 2024 by shareholders of the Company.

As on 31^st March, 2025, Pursuant to the provisions of Section 203 of the Companies Act, 2013, following are the Key Managerial Personnels of the Company:

• Mr. Virender Gupta, Chairman & Managing Director

• Mrs. Rakhi Gupta, Whole Time Director

• Mr. Samin Gupta, Whole Time Director & CFO

• Mr. Gaurav Chakarvati, Company Secretary & Compliance Officer

b) Change in Directors and Key Managerial Personnel from the end of the Financial Year till the date of this report:

• Mr. Amit Kumar has resigned as a Non-Executive Director of the Company with effect from May 13, 2025.

• Mrs. Dipti Gupta, has been appointed as an Additional Non-Executive Independent Director of the Company with effect from May 21, 2025.

• Mr. Sunil Gupta has resigned as a Non-Executive Independent Director of the Company with effect from June 03, 2025.

c) Retirement by Rotation at the ensuing AGM:

Mrs. Rakhi Gupta has been longest in office, retires by rotation at the forthcoming AGM, and being eligible offers herself for re-appointment. Resolution seeking members approval to the appointment Mrs. Rakhi Gupta has been incorporated in the notice convening the 18th AGM of the Company.

The Board shall take note of the same and recommend her re-appointment.

d) Disclosure of Interest in other concerns:

The Company has received the Annual Disclosure(s) from all the Directors, disclosing their Directorship/Interest in other concerns in the prescribed format, for the Financial Years 2024-25. The Company has received confirmation from all the Directors that none of the Directors were disqualified to act as a Director by virtue of the provisions of Section 164(1) and 164(2) of the Act. e) Declaration by Independent Directors

Your Company has received declarations from all the Independent Directors of the Company confirming that they meet the criteria of independence prescribed under sub-section (6) of Section 149 of the Companies Act, 2013.

In the opinion of the Board, Ms. Megha Agarwal and Mrs. Dipti Gupta, Independent Directors of the Company possesses requisite expertise, proficiency, integrity and experience and the Board considers that their professional background, experience and contributions made during their tenure in the Company and the continued association with the Company would be beneficial to the Company.

f) Annual Performance Evaluation

The Nomination and Remuneration Committee ("NRC Committee") and the Board has adopted a methodology for carrying out the performance evaluation of the Board, Committees, Independent Directors and Non- Independent Directors of the Company, which includes the criteria, manner and process for carrying out the performance evaluation exercise. Criteria in this respect includes; the Board composition and structure, effectiveness of board processes, information and functioning, contribution of the individual director to the Board and Committee Meetings like preparedness on the issues to be discussed, meaningful and constructive contribution and inputs in meetings, etc.

Evaluation of the Performances of the Board and its Committees for the Financial Year 2024-25 has been completed as per the adopted methodology.

9. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION

The broad terms of reference of the Nomination and Remuneration Committee ("NRC") of the Company are as under:

a. To identify suitable persons and recommend them as suitable candidates to fill up vacancies on the Board or augment the Board and Senior Management.

b. To lay down criteria for the evaluation of the Board including Independent Directors and carrying out evaluation of every Directors performance.

c. To formulate a criterion for determining qualifications, positive attributes and independence of a director and recommending to the Board, appointment, remuneration and removal of directors and senior management.

d. Ensuring remuneration paid to Directors, Key Managerial Personnel and Senior Management involves a balance between fixed and incentive pay reflecting short and long-term performance objectives appropriate to the working of the Company and its goals.

e. Devising a policy on Board diversity.

f. To do such act as specifically prescribed by Board and

g. Carry out such other activities as maybe prescribed by the Companies Act 2013, read with Rules and regulations as maybe specified by the regulator from time to time, including any modification or amendment thereto.

The Company has adopted a Nomination and Remuneration Policy as recommended by "NRC" and the objective of Nomination and Remuneration Policy is to ensure rationale and objectivity in the appointment and remuneration of the Directors,

Senior Management Personnel and employees of the Company. The Policy also provides bringing in a pragmatic methodology in screening of candidates who may be recommended to the position of Directors and to establish effective evaluation criteria to evaluate the performance of every Director.

The Policy also serves as a guiding principle to ensure good Corporate Governance as well as to provide sustainability to the Board of Directors of the Company. The remuneration paid to the Directors of the Company is in accordance with the provisions of Companies Act, 2013 and the Remuneration Policy adopted by the Company.

The Nomination and Remuneration policy is available on the website of the Company at www.prlindia.com. The NRC evaluated the performance of the Board, its committees and of individual directors during the year.

10. SECRETARIAL STANDARDS

Your Company has complied with all the Secretarial Standards applicable on the Company.

11. NUMBER OF MEETINGS OF THE BOARD AND COMMITTEE THEREOF

(a) Board of Directors

Composition, Meetings and Attendance during the Financial Year The Composition of the Board of Directors of the Company as on 31.03.2025 are as follows:

S. No. Name	Designation
1. Mr. Virender Gupta	Chairman & Managing Director
2. Mrs. Rakhi Gupta	Whole Time Director
3. Mr. Samin Gupta	Whole Time Director & CFO
4. Mr. Amit Kumar	Non-Executive Director
5. Mrs. Megha Agarwal	Independent Director
6. Mr. Sunil Gupta	Independent Director

During the Financial Year 2024-25, the Board met 09 (Nine) times and the intervening gap between any two meetings was within the allowed gap pursuant to the Companies Act, 2013.

Attendance of each Director at the meeting of the Board of Directors held during the Financial Year 2024-25 is given herein below:

S. No. Date of Board Meetings	Mr. Virendra Gupta	Mrs. Rakhi Gupta	Mr. Samin Gupta	Mr. Sunil Gupta	Mr. Amit Kumar	Ms. Megha Aggarwal	Mr. Naveen Bansal *
1. 01.04.2024	v	v	v	v	-	v	v
2. 03.05.2024	v	v	v	v	IGN=CENTER>-	v	v
3. 09.05.2024	v	v	v	v	-	v	v
4. 15.05.2024	v	v	v	v	-	v	v
5. 07.06.2024	v	v	v	v	-	v	v
6. 01.08.2024	v	v	v	v	-	v	-
7. 24.09.2024	v	-	v	-	-	-	-
8. 12.11.2024	v	v	v	v	v	v	-
9. 24.01.2025	v	-	v	-	-	-	-

*Mr. Naveen Bansal has been resigned as an Additional Non-Executive Non-Independent Director of the Company with effect from July 03, 2024.

(b) Audit Committee

Composition, Meetings and Attendance during the Financial Year

The Board has constituted an Audit Committee in compliance with the provisions of Section 177 of Companies Act, 2013. As on March 31, 2025, the Audit Committee comprised of 3 (three) members with 2 (two) Independent Directors. The Chairman of the Audit Committee is Non-Executive Independent Director.

S. No. Name	Position
1. Mr. Sunil Gupta	Chairman
2. Mrs. Megha Agarwal	Member
3. Mr. Samin Gupta	Member

During the Financial Year under review, 3 (Three) meetings of the Audit Committee were held and the maximum interval between any two meetings was within the maximum allowed gap pursuant to the Companies Act, 2013. The details of the Audit Committee meetings held during 2024-25 are given as under:

S. No. Name of Members	07.06.2024	01.08.2024	12.11.2024
1. Mr. Sunil Gupta	v	v	v
2. Mr. Samin Gupta	v	v	v
3. Ms. Megha Aggarwal	v	v	v

(c) Nomination and Remuneration Committee Composition, Meetings and Attendance during the Financial Year

The Board has constituted a Nomination and Remuneration Committee (hereinafter referred to as the "NRC Committee") in compliance with the provisions of Section 178 of the Companies Act, 2013. As on March 31, 2025, the NRC Committee comprised of 3 (Three) members all being Non-Executive Directors, with majority of them being Independent Directors. The Chairman of the NRC Committee is a Non-Executive Independent Director.

S. No. Name	Position
1. Mr. Sunil Gupta	Chairman
2. Mrs. Megha Agarwal	Member
3. Mr. Amit Kumar	Member

During the Financial Year under review, 1 (One) meeting of the NRC Committee was held. The details of the composition of the NRC Committee and of its meetings held during the Financial Year 2024-25 are as under:

S. No. Name of Members	01.08.2024
1. Mr. Sunil Gupta	v
2. Mrs. Megha Agarwal	v
3. Mr. Amit Kumar	-

(d) Corporate Social Responsibility Committee Composition, Meetings and Attendance during the Financial Year

The Board has constituted a Corporate Social Responsibility Committee ("CSR Committee") pursuant to Section 135 of the Companies Act, 2013 to assist the Board in setting the Companys Corporate Social Responsibility Policy and assessing its Corporate Social Responsibility performance.

As on March 31, 2025, the CSR Committee comprised of 3 (Three) members:

S. No. Name	Position
1. Mr. Virender Gupta	Chairman
2. Mrs. Rakhi Gupta	Member
3. Mr. Sunil Gupta	Member

During the Financial Year under review, 2 (Two) meetings of the CSR Committee were held. The details of the composition of the CSR Committee and of its meetings held during the Financial Year 2024-25 are as under:

S. No. Name of Members	07.06.2024	12.11.2024
1. Mr. Virender Gupta	v	v
2. Mrs. Rakhi Gupta	v	v
3. Mr. Sunil Gupta	v	v

12. INTERNAL FINANCIAL CONTROLS AND ITS ADEQUACY WITH RESPECT TO THE FINANCIAL STATEMENT

Internal Financial Controls are an integrated part of the risk management process, addressing financial and financial reporting risks. The internal financial controls have been documented, digitized and embedded in the business processes. Assurance on the effectiveness of internal financial controls is obtained through management reviews, control, self-assessment, continuous monitoring by functional experts as well as testing of the internal financial control systems by the internal financial control team.

13. WHISTLE BLOWER / VIGIL MECHANISM POLICY

As Per Section 177(9) of the Companies Act, 2013 the company has constituted the Whistle Blower/Vigil Mechanism Policy which aims to provide inter-alia a mechanism for Directors and Employees of the Company to report any violations of legal or regulatory requirements, incorrect or misrepresentation of any financial statements and reports, unethical behavior, violation of Code of Conduct, etc., calling the attention of the Audit Committee. Your Company has also provided adequate safeguards against victimization of whistleblowers who may express their concerns against such wrongdoings occurring in the organization. As per policy, the Company has also provided direct access to the Chairman of the Audit Committee.

14. AUDITORS

(a) STATUTORY AUDITORS

Your Company at its 17th Annual General Meeting (AGM) held on September 18, 2024 had appointed M/s Sarvam & Associates, Chartered Accountants (FRN: 007146N) as Statutory Auditors of the Company to hold office till the conclusion of AGM of the Company to be held in the year 2029.

Statutory Auditors Report

There is no qualification, reservation, adverse remark or disclaimer made by the Auditors in its Report for the Financial Year 2024-25 and no instance of fraud has been reported by the Statutory Auditors under Section 143(12) of the Companies Act, 2013.

(b) SECRETARIAL AUDITORS

The Board had appointed M/s SJ Kumar & Associates, Practicing Company Secretaries (CP No.: 24195) as the Secretarial Auditors of the Company to conduct the Secretarial Audit of the Company for the Financial Year 2024-25 pursuant to the provisions of Section 204 of the Companies Act, 2013 and rules made thereunder and Regulation 24A of SEBI (LODR) Regulations, 2015.

Secretarial Auditors Report

The Secretarial Audit Report for the Financial Year 2024-25 issued by the Secretarial Auditor does not contain any qualification, observation or adverse remark which require any explanation from the Board. The same is annexed as Annexure-II.

15. RISK MANAGEMENT

The Board is continually applying various risk identification methods for identifying elements of risks in different functional areas of the Company. The Board aims at developing a framework that enables activities to take place in a consistent and controlled manner. Major risks confronted by the management are systematically addressed through mitigating actions on a continuing basis.

16. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

The details of Loans, Guarantees and Investments as per Section 186 of the Companies Act, 2013 are provided in notes to the financial statements for the year ended on March 31, 2025.

17. PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES

All contracts/arrangements/transactions entered by the Company during the Financial Year with related parties were in its ordinary course of business and on an arms length basis. During the year, the Company had not entered into any contract/arrangement/ transaction with related parties which could be considered as material or which is required to be reported in Form AOC-2 in terms of Section 134(3) (h) read with Section 188 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014. There were no materially significant related party transactions which could have potential conflict with interest of the Company at large. Members may refer notes to the Standalone and Consolidated Financial Statements which sets out the related party disclosures.

18. CORPORATE SOCIAL RESPONSIBILITY

The brief outline of the Corporate Social Responsibility (CSR) Policy of the Company and the initiatives undertaken by the Company on CSR activities during the year are set out in Annexure-III of this report in the format prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014. The CSR policy is available on the website of the Company at www.prlindia.com.

19. ANNUAL RETURN

Pursuant to Section 92(3) of the Act and Rule 12 of the Companies (Management and Administration) Rules, 2014, the Annual Return of the Company as on Financial Year ended March 31, 2025 will be available on the Companys website after conclusion of AGM and can be accessed at www.prlindia.com.

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

A. Conservation of Energy:

i) Steps taken or impact on conservation of energy: NA

ii) The steps taken by the Company for utilizing alternate sources of energy: NA

iii) Capital Investment on energy conservation equipments: NA

B. Technology Absorption:

a) Efforts made towards technology absorption:

The Company does not need any specific R & D efforts.

b) The benefits derived include product improvement, cost reduction, product development or import substitution: Improved technology helps in reduction in cost without compromising the quality.

c) Information regarding imported technology (imported during last three years): NA

d) Expenditure on Research and Development (current year & last year): NIL

C. Foreign Exchange Earnings and Outgo:

The foreign exchange earnings and the foreign exchange outgo during the year is as under:

(Rs. in lacs)

Particulars	As on 31st March, 2025	As on 31st March, 2024
Foreign Exchange Earnings	-	57.61
Foreign Exchange Outgo	-	-

21. PARTICULARS OF EMPLOYEES

The provisions of Section 197(12) of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are not applicable to your company.

There were no employees drawing remuneration more than as stated under Rule 5(2) and Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

22. MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION BETWEEN THE END OF THE FINANCIAL YEAR AND THE DATE OF THE REPORT

• During the Financial Year under review, the Company acquired a 100% stake in Premier Worldwide Logistics Private Limited on November 12, 2024, thereby making it a wholly-owned subsidiary.

• Further, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, there was no deviation/variation in the utilization of proceeds as mentioned in the objects stated in the Prospectus in respect of the IPO of the Company.

23. DISCLOSURE UNDER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT 2013

The Company has constituted an Internal Complaints Committee and has complied with the provisions in this respect as are applicable under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013. There was no complaint received from any employee during the year nor any complaint pending or outstanding for redressal as on March 31, 2025. The Company conducts awareness programs at regular intervals, and provides necessary updates / guidance through its website and through other employee communication channels.

24. DISCLOSURES

Your Directors make the following disclosures during the year under review:

a) No Bonus Shares were declared for the current financial

b) Your Company was not required to transfer any amount to the Investor Education and Protection Fund (IEPF).

c) Your Company has not issued any Equity shares with Differential rights during the Year under review.

d) Your Company has not issued any Employees Stock options/ Sweat Equity Shares.

e) Your Company has not redeemed any Preference Shares or Debentures during the Year under review.

f) Your Company has not accepted any Public Deposits.

g) Your Company has not bought back any of its securities during the year under review.

h) No significant and material orders have been passed by any regulators or courts or tribunals against the Company impacting the going concern status and Companys operations in future. by

i) The maintenance of cost records as specified the Central Government under sub-section (1) of Section 148 of the Companies Act, 2013, is not applicable on the Company.

j) The Company did not make any application under the Insolvency and Bankruptcy Code, 2016, and hence no proceeding is pending ial controls to be followed under the Code.

k) The requirement of stating the difference between the amount of valuation done at the time of one-time settlement and the valuation done while taking loan from the Banks or Financial Institutions does not arise, and the same is not applicable on the Company.

l) The Managing Director did not receive any remuneration or commission from its Group Companies.

25. DIRECTORS RESPONSIBILITY STATEMENT

The Board of Directors acknowledges the responsibility for ensuring compliance with the provisions of Section 134(3) read with Section 134(5) of the Companies Act, 2013 in the preparation of the annual accounts for the year ended 31^st March, 2025 and state that:

a) The preparation of the Annual Accounts for the Financial Year ended on 31st March, 2025, the applicable accounting standards had been followed along with proper explanation relating to material departures;

b) The Directors had selected such Accounting Policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the Financial Year and of the profit of the Company for that period;

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

d) The Directors had prepared the annual accounts on a going concern basis;

e) The directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

f) The Directors, in the case of listed company, had laid down internal financial by the Company and that such internal controls are adequate and were operating effectively-NA

26. ACKNOWLEDGEMENT

Your Directors extend sincere gratitude to the customers, vendors, investors, bankers, business associates, consultants and various Government Authorities who have contributed to the continuous growth and performance of the Company. The success of your Company would be incomplete without the commendable efforts put in by the past and present employees of the Company. It is because of their hard work, persistence, solidarity, cooperation and support, the Company has been able to create a niche for itself.

For and on behalf of Board of Premier Roadlines Limited

Sd/-	Sd/-
Virender Gupta	Rakhi Gupta
Chairman & Managing Director	Whole Time Director
DIN: 01686194	DIN: 01686234
Add. D-75, Sec-30, Noida, 201301	Add. D-75, Sec-30, Noida-

Date: 09.07.2025

Place: Delhi