Pritika Auto Industries Ltd Directors Report

Dear Shareholders,

The Directors have pleasure in presenting their 46th Annual Report on the business and operations together with the Audited Statement of Accounts of the Company for the year ended 31st March, 2026.

1. FINANCIAL RESULTS

The Financial results are briefly indicated below:

(Rs. In Lakhs)

Particulars	Standalone 2025-26	Standalone 2024-25	Consolidated 2025-26	Consolidated 2024-25
Revenue from operations (net)	47518.10	35475.89	48294.55	35688.65
Other Income	271.28	1024.63	202.04	943.41
Profit before Interest, Depreciation and Tax (PBIDT)	5223.75	4912.59	7305.41	6658.23
Interest	1705.90	1169.01	2210.44	1603.27
Profit before Depreciation and Tax (PBDT)	3517.85	3743.58	5094.97	5054.96
Depreciation	1303.02	1385.62	1997.53	1975.10
Profit before Tax	2214.83	2357.96	3097.44	3079.86
Tax Expenses	625.79	542.16	777.71	689.45
Profit after Tax	1589.04	1815.80	2319.73	2390.42
Other Comprehensive Income	(4300.57)	7091.21	(613.40)	(88.55)
Total Comprehensive Income	(2711.53)	8907.01	1706.33	2301.86
EPS- Basic	0.95	1.11	1.26	1.03
Diluted	0.95	1.11	1.26	1.03

The Standalone Revenue from the operations (net) for the Financial Year 2025-26 was 47518.10 lac (Previous year Rs.35475.89 lac). The company earned Net Profit of Rs. 1589.04 lac (Previous Year Rs. 1815.80 lac).The Total Comprehensive Income for the year was Rs. (2711.53) lac (Previous Year Rs. 8907.01 lac).

The Consolidated Revenue from the operations (net) for the Financial Year 2025-26 was Rs. 48294.55 lac (Previous Year Rs. 35688.65 lac). The company earned Consolidated Net Profit Rs. 2319.73 lac (Previous Year Rs. 2390.41 lac). The Consolidated Total Comprehensive Income for the year was Rs. 1706.33 lac (Previous Year Rs. 2301.86 lac).

There was no change in the nature of business of the company during the year.

2. INDUSTRIAL SCENARIO

Indian Economy Outlook

As India enters 2026, several themes will shape the next phase of growth and demand the same level of pragmatism. We expect full fiscal year growth to be revised substantially upward, as third-quarter numbers are likely to remain strong due to festive spending. Growth is expected to stand between 7.5% and 7.8% in fiscal 2025 to 2026, and then between 6.6% and 6.9% in fiscal 2026 to 2027, buoyed by the rollout of new goods and services tax (GST) rules and slowing inflation.

Indias economic value expanded by 8.2% year over year in the second quarter of fiscal 2025 to 2026, reinforcing expectations of an upward revision in full-year growth. Despite global headwinds such as higher US tariffs and volatile capital outflows, India posted an impressive 8% growth in the first half of the fiscal, powered by robust private consumption and investment, aided by easing inflation and favorable rural conditions.

The OECD has revised Indias GDP growth forecast to 7.7% for FY26 and 6.6% for FY27, reflecting higher energy prices, supply chain disruptions, and softer global demand while RBI has projected growth at 6.9% with downward risks.

Sources:

https://www.deloitte.com/us/en/insights/topics/economy/asia-pacific/india-economic-outlook.html

https://www.ey.com/en_in/services/tax/india-economic-pulse

Indian Auto-Components Industry

The Indian auto-components industry demonstrated resilient growth during FY 2025-26, supported by healthy demand from Original Equipment Manufacturers (OEMs), rising exports, localization initiatives and a robust aftermarket segment.

According to ACMA, the Indian auto component industry grew by approximately 6.8% during H1 FY26 and reached around ?3.56 lakh crore. Supplies to OEMs increased by 7.3%, while the aftermarket segment recorded nearly 9% growth. Exports also witnessed healthy growth despite global uncertainties.

Key growth drivers for the industry included:

- Rising domestic vehicle production across passenger vehicles, commercial vehicles and tractors.

- Increased localization and import substitution initiatives.

- Growth in electric vehicle components and advanced technology systems.

- Expansion of organized aftermarket channels.

- Government focus on manufacturing competitiveness and supply chain resilience.

The Indian automobile industry recorded its highest-ever sales across major vehicle categories during FY 2025-26. Passenger vehicle sales grew by 7.9%, commercial vehicles by 12.6%, three-wheelers by 12.8% and two-wheelers by 10.7%. This broad-based automotive growth positively impacted demand for auto components.

The industry is also witnessing increasing investments in automation, lightweight materials, precision engineering and EV-related technologies. India continues to strengthen its position as a global sourcing hub for automotive components due to competitive manufacturing costs, skilled manpower and improving quality standards.

Nevertheless, challenges such as rising raw material prices, semiconductor supply constraints, foreign exchange volatility and global geopolitical uncertainties may exert pressure on operating margins.

Looking ahead, the Indian auto-components industry is expected to maintain a positive growth trajectory, supported by strong domestic automotive demand, exports and technological advancements.

Sources:

https://www.autoguideindia.com/statistics/indian-auto-component-industry-growth-h1-fy26-acma/

https://www.siam.in/news-%26-updates/press-releases/auto-industry-performance-of-q4-jan-march-2026-fy-2025-26/6052

https://economictimes.indiatimes.com/industry/auto/auto-news/auto-industry-faces-margin-pressure-as-west-asia-conflict-pushes-up-raw-material-prices/articleshow/130580503.cmsRs

Indian Agricultural Tractor Market

According to Mordor Intelligence, the India Agricultural Tractor Market is estimated at USD 7.92 billion in 2025 and is forecast to reach USD 10.95 billion by 2030, advancing at a CAGR of 6.70% during the forecast period 2025-2030. This growth trajectory is underpinned by direct-benefit transfer programs, emission compliance milestones, and state-backed mechanisation funds that collectively shape OEM procurement cycles. Expanding solar pump coverage, the rapid digitalization of used-equipment platforms under the Digital Agriculture Mission, and the progressive adoption of precision agriculture are systematically widening the customer base.

Source: https://www.mordorintelligence.com/industry-reports/india-agricultural-tractor-market

On the retail volume front, FY26 delivered a landmark result: domestic tractor retail sales crossed the 10-lakh unit milestone for the first time in history, reaching 10,50,077 units - an 18.95% increase over 8,82,825 units in FY25, as per FADA data. This made tractors the fastest-growing vehicle category in India in FY26, outpacing both two-wheelers and passenger vehicles. Farm mechanization penetration in India currently stands at approximately 40-45%, compared to 57% in China, 75% in Brazil, and 95% in the USA - indicating substantial headroom for further penetration growth over the long term. Government initiatives including the Sub-Mission on Agricultural Mechanization (SMAM), state-level subsidies, and flagship schemes such as PM-KISAN - which provides direct income support to farmers - continue to act as powerful structural tailwinds.

Sources:

Mordor Intelligence, India Agricultural Tractor Market Report (2025–2030).

URL: https://www.mordorintelligence.com/industry-reports/india-agricultural-tractor-market   FADA Retail Data FY26.

Agricultural Tractors Market Outlooks

The outlook for the Indian agricultural tractor market remains positive over the medium to long term, supported by continued mechanization, rising farm productivity requirements and improving rural economic conditions.

Industry estimates indicate that tractor demand is expected to remain strong, supported by:

- Normal monsoon forecasts and healthy agricultural output.

- Government focus on rural development and farm mechanization.

- Increased financing accessibility in rural markets.

- Growing infrastructure and construction activities in rural India.

- Rising exports to neighboring and developing markets.

The Indian tractor market is expected to witness gradual premiumization with higher adoption of technologically advanced and fuel-efficient tractors. Export opportunities are also likely to improve as Indian manufacturers strengthen their global competitiveness in the sub-100 HP segment.

However, the sector may face certain near-term challenges including:

- Increase in tractor prices due to implementation of stricter emission norms.

- Commodity price volatility.

- Dependence on monsoon performance and rural cash flows.

- Regional disparities in agricultural income growth.

Despite these challenges, the long-term fundamentals of the Indian tractor industry remain robust due to low mechanization penetration, rising food demand, labour shortages in agriculture and continued government support for the rural economy.

Sources:

https://www.reddit.com/r/stock_trading_India/comments/1oz9u6e/indias_tractor_sector_is_entering_a_new_phase/Rs

3. SHARE CAPITAL

During the year under review, the company raised its Authorized share capital to Rs. 40,00,00,000/- (Rupees Forty Crores only) divided into 20,00,00,000 ( Twenty Crore only) Equity Shares of Rs. 2/- each.

As on 31st March, 2026, the paid up share capital of the company stood at Rs. 33,30,25,334 divided into 16,65,12,667 equity shares of Rs. 2 each.

4. DIVIDEND

Considering the financial results and to plough back surplus of the Company, the Board did not recommend payment of any dividend for the year ended 31st March, 2026.

5. TRANSFER TO RESERVE

During the financial year, there was no amount proposed to be transferred to the Reserves.

6. AUDITORS & AUDITORS REPORT

M/s. Sunil Kumar Gupta & Co., Chartered Accountants, New Delhi were reappointed as statutory auditors of the company for their second term of five years in the 43rdAGM from the conclusion of 43rd Annual General Meeting till the conclusion of 48th Annual General Meeting to be held for the Financial Year 2027-28.

The Auditors Report for the fiscal 2026 does not contain any qualification, reservation or adverse remark. Further, in terms of section 143(12) of the Companies Act, 2013 read with Companies (Audit & Auditors) Rules, 2014, as amended, no fraud has been reported by the Auditors of the Company where they have reasons to believe that an offence involving fraud is being or has been committed against the company by officers or employees of the company.

7. DEPOSITS

The Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014. Hence, company need not to give details related to deposits. There is no non-compliance of the provisions of Chapter V of the Companies Act 2013.

8. PARTICULARS OF EMPLOYEES

Disclosure pertaining to the remuneration and other details as required under the Companies Act, 2013 read with rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and any amendments thereof, is attached as Annexure-A.

9. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION

The Board, on the recommendation of the Nomination & Remuneration Committee, has adopted a policy for selection and appointment of Directors, Key Managerial Personnel, Senior Management and their remuneration.

- The Nomination & Remuneration Committee identifies and ascertains the integrity, qualification, expertise and experience of the person for appointment as Director and ensures that the candidate identified possesses adequate qualification, expertise and experience for the appointment as a Director.

- The Nomination & Remuneration Committee ensures that the candidate proposed for appointment as Director is compliant with the provisions of the Companies Act, 2013.

- The candidates appointment as recommended by the Nomination and Remuneration Committee requires the approval of the Board.

- In case of appointment of Independent Directors, the Nomination and Remuneration Committee satisfies itself with regard to the independent nature of the Directors vis- ?-vis the Company so as to enable the Board to discharge its function and duties effectively.

- The Nomination and Remuneration Committee ensures that the candidate identified for appointment as a Director is not disqualified for appointment under Section 164 of the Companies Act, 2013.

- The policy can be viewed at companys website at https://pritikaautoindustries.com/nomination-remuneration-policy.pdf

10. CORPORATE GOVERNANCE

Report on Corporate Governance and Certificate of the Secretarial Auditors of your Company regarding compliance of the conditions of Corporate Governance as stipulated in Schedule V read with Regulation 34(3), of the SEBI (LODR) Regulations, are provided in a separate section and forms part of this Report as Annexure-B.

11. SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES

The company has one subsidiary namely ‘Pritika Engineering Components Ltd.

In accordance with the provisions of Section 129(3) of the Act, read with the Companies (Accounts) Rules, 2014, a report on the performance and financial position of the subsidiary is attached as Annexure-C to this Report.

Pritika Engineering Components Limited has one subsidiary in the name of Meeta Castings Limited, which is a step down subsidiary of the company.

No other company has become or ceased to be associates or subsidiary or joint ventures during the year under purview.

12. STATEMENTS OF PARTICULARS OF CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE

Information in accordance with the provisions of Section 134 (3)(m) of the Act read with the Companies (Accounts) Rules, 2014 regarding Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and Outgo during the reporting period is attached herewith as Annexure-D.

13. RELATED PARTY TRANSACTIONS

Information on transactions with related parties pursuant to Section 134(3)(h) of the Act read with rule 8(2) of the Companies (Accounts) Rules, 2014 are given in Form AOC-2 and forms part of this report as Annexure- E.

14. INVESTOR EDUCATION AND PROTECTION FUND (‘IEPF)

During the financial year 2026-27, the company would be transferring unpaid or unclaimed dividend amount for the financial year 2018-19 (Final Dividend) within 30 days from the due date of transferring the amount to IEPF i.e. by 06.11.2026. Further, the Company is also required to transfer the shares in respect of which dividends have not claimed for seven consecutive years from the financial year 2018-19 (Final Dividend), to the demat account of the IEPF Authority. The Company has also given individual intimations to concerned shareholders indicating that such shares shall be transferred to IEPF Authority and also advertised in the newspapers, seeking action from said shareholders. Accordingly, the concerned members are requested to claim the unclaimed dividend for the financial year 2018-19 (Final Dividend) on or before 15.10.2026.

15. ANNUAL RETURN

The copy of Annual Return as at 31st March, 2026, is available on the companys website at http://www.pritikaautoindustries.com/annual-return.html.

16. SECRETARIAL AUDITORS AND SECRETARIAL AUDIT REPORT

As required under section 204(1) of the Companies Act, 2013 and Rules made there under, the Company has appointed M/s S K Sikka & Associates, Company Secretaries, Chandigarh as Secretarial Auditor of the company for their first term of five consecutive years for the Financial year 2025-26 to 2029-30 in the 45th AGM i.e. from the conclusion of 45th Annual General Meeting until the conclusion of 50th Annual General Meeting to be held for the Financial Year 2029-30. The Secretarial Audit Report forms part of the Annual Report.

The Copy of Secretarial Audit Report for the Financial Year 2025-26 issued by Mr. Sushil K Sikka, Company Secretary in Practice has been attached and marked as Annexure – F. The Secretarial Auditors Report for the fiscal 2026 does not contain any qualification, reservation or adverse remark.

The Secretarial Audit Report of Pritika Engineering Components Ltd., the subsidiary of the company has been attached and marked as Annexure-G.

17. MANAGEMENT DISCUSSION ANALYSIS REPORT

The details forming part of Management Discussion and Analysis Report is annexed herewith to the Board Report as Annexure-H.

18. 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 no significant and material orders were passed by the regulators or courts or tribunals impacting the going concern status and companys operations in future.

19. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

Details of loan, guarantee and investment covered under the provisions of Section 186 of the Act read with the Companies (Meetings of Board and its Powers) Rules, 2014 are given in the Notes to the financial statements.

20. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Annual Report on CSR initiatives taken during the year is enclosed at Annexure-I. The company has also developed a policy on Corporate Social Responsibility which can be viewed at the companys website at https://www.pritikaautoindustries.com/csr-policy-pritika-auto.pdf

21. MEETINGS OF BOARD OF DIRECTORS

The Board met seven times during the year, the details of which are given in the Corporate Governance Report. The intervening gap between the meetings was within the period prescribed under the Companies Act, 2013 and the Listing Regulations.

22. MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT

No material changes and commitments affecting the financial position of the Company occurred between the end of the financial year to which this financial statements relate till the date of this report.

23. COMPOSITION OF COMMITTEES

The Company has complied with the SEBI (LODR) Regulations along with the Companies Act, 2013 with respect to the Composition of the Committees as required therein and the details of which is given under Corporate Governance Report annexed to this Report.

24. BOARD EVALUATION

The Board of Directors have carried out an annual evaluation of its own performance, its various committees and individual directors pursuant to the provisions of the Act and the Corporate Governance requirements as prescribed under Regulation 17(10), 25(4) and other applicable provisions of the SEBI (LODR) Regulations. The manner of evaluation is provided in the Corporate Governance Report.

25. DIRECTORS AND KEY MANAGERIAL PERSONNEL

Directors:

Re-Appointment of Director

Mr. Ajay Kumar, Director (DIN:02929113) retires by rotation at the ensuing Annual General Meeting, and being eligible offers himself for re-appointment.

Independent Directors

Independent Directors on your Companys Board have submitted declarations of independence to the effect that they meet the criteria of independence as provided in Section 149(6) of the Act and Regulation 16(1)(b) of the Listing Regulations. In the opinion of the Board, our Independent Directors possesses requisite qualification, experience and hold high standards of integrity for the purpose of Rule 8(5)(iii a) of the Companies (Accounts) Rules, 2014.

Change in Composition of Board

During the Financial Year 2025-26 there were following changes in the composition of Board of Directors:

Mr. Bishwanath Choudhary was appointed as an Independent Director w.e.f. 24th June, 2025 for a period of five years. Mr. Yudhishthir Lal Madan ceased to hold office w.e.f. 31st July, 2025, upon completion of his second consecutive term as Non-Executive Independent Director of the Company.

During the current year, the Board re-appointed Mr. Aman Tandon as an Independent Director of the Company to hold office for a second term of five consecutive years effective from 08.11.2026 to 07.11.2031 subject to approval of the members in the ensuing Annual General Meeting. Mrs. Kritika Goyal was also re-appointed as an Independent Director of the Company to hold office for a second term of five consecutive years effective from 23.04.2027 to 22.04.2032 subject to approval of the members in the ensuing Annual General Meeting.

Key Managerial Personnel

During the Financial Year 2025-2026, there were no changes in the position of Key Managerial Personnel.

However, during the current year, the Board on the recommendation of Nomination & Remuneration Committee and subject to the approval of the Members of the Company has changed designation of Mr. Ajay Kumar from Whole Time Director to Joint Managing Director w.e.f. 08.08.2026 for the remainder of his current term i.e. up to 31 March 2028.

26. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to the requirement under Section 134 (5) of the Companies Act, 2013, with respect to Directors Responsibilities Statement, it is hereby confirmed that:

a. In the preparation of the annual accounts for the financial year ended 31st March, 2026 the applicable accounting standards had been followed along with proper explanation relating to material departures.

b. The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that were 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 or loss of the Company for the year under review.

c. The Directors had taken proper and sufficient care for the 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 Directors had prepared the accounts for the financial year ended 31st March, 2026 on a going concern basis.

e. The Directors had laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively.

f. 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.

27. COST AUDITORS

As per requirement of the Regulation 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Rules, 2014 as amended from time to time, M/s. Verma Khushwinder & Co., Cost Accountants, (Firm Registration No. 000469) was appointed as Cost Auditor to audit the Cost Accounts of the company for the Financial Year 2025-26.

On the recommendation of Audit Committee, the Board has re-appointed M/s. Verma Khushwinder & Co., Cost Accountants, (Firm Registration No. 000469) as Cost Auditor to audit the Cost Accounts of the company for the Financial Year 2026-27.

As required under the Act, a resolution seeking members ratification for remuneration payable to the Cost Auditor for the financial year 2026-27, forms part of the notice convening the Annual General Meeting for their ratification.

28. INTERNAL AUDITORS

The Board has re-appointed M/s A.K Sood & Associates, Chartered Accountants, Chandigarh (FRN: 000072N) as Internal Auditors of the Company for financial year 2026-27.

29. COST RECORDS

As specified by the Central government under sub section (1) of section 148 of the Companies Act, 2013, the company has been maintaining cost records.

30. INTERNAL FINANCIAL CONTROLS & RISK MANAGEMENT

Pursuant to the provisions of Section 177(4) & Section 134(3)(n) of the Companies Act, 2013, the Board has developed Internal Finance Control Policy to identify and mitigate risks. The provisions of Regulation 21 of SEBI Listing Regulations 2015 pertaining to Risk Management Committee are not applicable to the company.

31. WHISTLE BLOWER POLICY AND VIGIL MECHANISM

To create enduring value for all stakeholders and ensure the highest level of honesty, integrity and ethical behavior in all its operations, the Company has established a vigil mechanism and formulated Whistle Blower Policy. This policy aspires to encourage all employees to report suspected or actual occurrence of illegal, unethical or inappropriate events (behaviors or practices) that affect Companys interest/image.

32. DISCLOSURE UNDER REGULATION 32 (7A) OF SEBI (LODR) REGULATIONS, 2015

Not applicable.

33. DISCLOSURE AS PER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

The company has complied with the provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The Company did not receive any complaint during the year and the details required pertaining to complaints are mentioned below:

(a) Number of complaints of sexual harassment received in the year	Nil
(b) Number of complaints disposed off during the year	Nil
(c) Number of cases pending for more than ninety days	Nil

34. During the year under review no application was made and no proceeding was pending against the company under the Insolvency and Bankruptcy Code, 2016 (31 of 2016).

35. During the year under review, the Company has complied with the provisions relating to the Maternity Benefit Act, 1961.

36. The accounts of the company with banks and financial institutions are regular. There was no default and as such there was no One Time Settlement with any bank or Financial Institution.

37. COMPLIANCE WITH SECRETARIAL STANDARDS

During the year under review, the Company was in compliance with the Secretarial Standards, i.e. SS-1 and SS-2, relating to "Meetings of the Board of Directors" and "General Meetings" respectively.

38. ADEQUACY OF INTERNAL FINANCIAL CONTROLS

The Company is well equipped with adequate internal financial controls. The Company has a continuous monitoring mechanism which enables the organization to maintain the same standards of the control systems and help them in managing defaults, if any, on timely basis because of strong reporting mechanisms followed by the Company.

39. CODE OF CONDUCT

The Board has laid down a Code of Conduct ("Code") for Board Members, Managerial Personnel and for Senior Management Employees of the Company. This Code has been posted on the Companys website at https://www.pritikaautoindustries.com/codes-policies.html All the Board Members and Senior Management Personnel have affirmed compliance with this code. The Board has also laid down a Code of Conduct for Independent Directors pursuant to Section 149(8) and Schedule IV to the Companies Act, 2013 via terms and conditions for appointment of Independent Directors, which is a guide to professional conduct for Independent Directors and has been uploaded on the website of the Company. A declaration by the Managing Director & CEO in terms of SEBI LODR Regulations, 2015 to the effect that members of the Board and senior management personnel have affirmed compliance with this Code of Conduct is attached with this Report.

40. NON-DISQUALIFICATION OF DIRECTORS

All the directors of the Company are non-disqualified and certificate for the same from the Practicing Company Secretary is annexed with the report.

41. POLICY FOR PRESERVATION OF DOCUMENTS

Pursuant to the Regulation 9 of SEBI (LODR), 2015 the Company has maintained the policy of preservation of documents to keep the documents preserve as per Regulation 9(a) & 9(b)of SEBI (LODR), 2015 and the same has been uploaded on the website of the Company on https://www.pritikaautoindustries.com/archival-policy.pdf

42. REGISTRAR AND SHARE TRANSFER AGENT INFORMATION

Satellite Corporate Services Pvt. Ltd.

Regd. Office: Office No. 106 & 107, Dattani Plaza, East West Indl. Compound,

Andheri Kurla Road, Safed Pool, Sakinaka, Mumbai - 400072.

Tel: 022-28520461, 022-28520462

Email Id:info@satellitecorporate.com

service@satellitecorporate.com

Website: www.satellitecorporate.com

43. ACKNOWLEDGEMENTS

Your Directors wish to express their sincere appreciation to all the Employees for their contribution and thanks to our valued clients, Bankers and shareholders for their continued support.

For and on behalf of the Board of Directors

Sd/-

Harpreet Singh Nibber

Chairman & Managing Director

DIN: 00239042

Date: 18th August, 2026

Place: Mohali