Prismx Global Ventures Ltd Management Discussions

Your Directors have pleasure in presenting the management discussion and analysis report for the year ended on March 31, 2025. The Management Discussion and Analysis have been included in consonance with the Code of Corporate Governance as approved by The Securities and Exchange Board of India (SEBI). Investors are cautioned that these discussions contain certain forward-looking statements that involve risk and uncertainties including those risks which are inherent in the Companys growth and strategy. The company undertakes no obligation to publicly update or revise any of the opinions or forward-looking statements expressed in this report consequent to new information or developments, events or otherwise.

The Management of the Company is presenting herein the overview, opportunities and threats, initiatives by the Company and overall strategy of the Company and its outlook for the future. This outlook is based on Managements own assessment and it may vary due to future economic and other future developments in the country.

G lobal economic activity is expected to maintain modest but uneven momentum. We project that global real GDP growth will decelerate to around 3.0% in 2025 and 2.9% in 2026, following a 3.2% advance in 2024, as rising trade frictions, persistent geopolitical and policy uncertainty, elevated market volatility, and inflation divergence reshape the global outlook. Regional growth patterns have become more fragmented, with developed markets losing steam and emerging markets showing varied resilience. Across emerging markets, we expect real GDP growth to hover to 4.1% in 2025 and 3.9% in 2026, from 4.2% in 2024. Chinas economy faces headwinds from a prolonged property downturn and demographic drag as well as renewed pressures from trade tensions and US tariffs. Our forecast shows real GDP growth decelerating from 5.0% in 2024 to 4.4% in 2025 and 4.0% in 2026 despite continued policy support. India remains a global bright spot, underpinned by infrastructure investment and strong domestic demand, with GDP growth projected at 6.6% in 2025 and 6.5% in 2026, following a 6.7% advance in 2024. We expect Latin America to see modest growth, with momentum in Brazil softening amid tighter financial conditions and fiscal constraints, and growth in Mexico constrained by trade tensions with the US.

The midpoint of 2025 finds the global economy in a precarious yet resilient state, navigating a volatile mix of macroeconomic headwinds and structural shifts. Momentum has broadly held, but growth trajectories are diverging more sharply across geographies and sectors. Mounting policy uncertainty driven by a global reordering of trade relationships, financial market repricing and evolving fiscal priorities is compounding the complexity of strategic planning. Businesses are operating in an environment marked by supply fragilities, inflation volatility and fragmented policy signals across central banks. In this update, we explore six global geoeconomic themes that are reshaping the outlook of the global economy.

Indias strong services activity has helped GDP growth comfortably beat expectations for the second quarter in a row, rising to an impressive high of 7.8% for April-June 2025. The swift growth in the first quarter of the current financial year further consolidates Indias position as the worlds fastest growing major economy. Currently the worlds fourth-largest economy, India is on track to become the third-largest by 2030 with a projected $7.3 trillion GDP. This momentum is powered by decisive governance, visionary reforms, and active global engagement. Notably, growth is accelerating, with real GDP expected to rise by 7.8% in Q1 FY 2025-26, up from 6.5% a year earlier.

The Company operates in three reportable segments i.e. Commodity Trading Business, Finance Business Activities and Information Technology. During the year company has started new business growing Digital Media Space with the launch of "GudGudi" the first OTT Channel dedicated to humour.

The Viewers would have free access to GudGudi and enjoy both professionally produced Content as well as User Generated Content. It would stream Comedy Movies and TV Series, Stand-up Comedy and humorous Poetry (HasyaKavi) Sessions. It would include Classic Shows and Movies from yesteryears to take Viewers down memory lane. It would also be streaming freshly produced Content made exclusively for Gudgudi as well to attract young Viewers.

The business Segments has been identified as separate segment in accordance with Accounting standard 17 ‘Segment Reporting. The financial statements have been prepared in compliance with the requirements of the Companies Act, 2013, guidelines issued by the Securities and Exchange Board of India (SEBI) and Generally Accepted Accounting Principles (GAAP) in India. The Company has decided to venture in to new business i.e Sports and Entertainment Industry which will help the Company to faces stiff competition and perform well in the long run.

The growth of the Company is subject to opportunities and threats as are applicable to the industry from time to time. The Company has risk management policy in place for risk assessment and treatment of the same. Due to rise in Competitive business, the company has decided to change the name and object of the Company to expand and diversified the business in Sports and Entertainment Industry. Company believed change in industry due to will be more beneficial to sustain in the long run of business.

The Company is mainly exposed to market risk (including liquidity risk), interest risk and credit risk. While risk is an inherent aspect of any business, the Company is conscious of the need to have an effective monitoring mechanism and has put in place appropriate measures for its mitigation including business portfolio risk, financial risk, legal risk and internal process risk.

The Company has a sound internal control system and the company has also appointed Internal Audit. All transactions are subject to proper scrutiny. The Management takes immediate corrective action wherever it is being pointed out to help streamline the internal control process. Also the CEO and CFO certification provided in the CEO and CFO certification section in Annual Report discusses the adequacy of internal control systems and procedures.

The Management believes in maintaining cordial relations with its employees. The management recognizes the importance of Human Resources and effective steps will be taken to strengthen the same depending on the requirements. The Company provided excellent working environment so that the individual staff can reach his/her full potential. The Company is poised to take on the challenges and march towards accomplishing its mission with success. The Company maintained good Industrial/Business relation in market which enhanced the creditworthiness of the Company.

CHANGES IN KEY FINANCIAL RATIOS:

Pursuant to provisions of Regulation 34 (3) of SEBI (LODR) Regulation, 2015 read with Schedule V part B(1) details of changes in Key Financial Ratios is given hereunder:

Following information has been disseminated on the website of the Company at www.prismxglobal.com

1. Details of business of the Company

2. Terms and conditions of appointment of Independent Directors

3. Composition of various Committees of Board of Directors

4. Code of Conduct for Board of Directors and Senior Management Personnel

5. Details of establishment of vigil mechanism/Whistle Blower policy

6. Criteria of making payments to Non-Executive Directors

7. Policy on dealing with Related Party Transactions

8. Policy for determining ‘material subsidiaries

9. Details of familiarization programmes imparted to Independent Directors

10.Policy for determination of materiality of events

There were no non-compliances by the Company except delay submission of reports, compliance with BSE and only one instances of penalties imposed on the Company by the BSE only and no other by SEBI or any other statutory authority on any matter related to the capital market during the last years. The Company has been impleaded in certain legal cases related to disputes over title to shares arising in the ordinary course of share transfer operations. However, none of these cases are material in nature, which may lead to material loss or expenditure to the Company.

Statement made here in describing the Companys expectations is "forward looking statement." The actual results may differ from those expected or predicted since the Companys operations are influenced by many external factors which are beyond the control of the Company. Prime factors that may make difference to the Companys performance include market conditions, economic conditions, Government regulations and Tax Laws, Political situation etc over which the Company does not have any direct control.