Relicab Cable Manufacturing Ltd Directors Report

To,

The Members,

Relicab Cable Manufacturing Limited

The Directors present the 16^th Annual Report of the Company together with the Audited Statement of Accounts for the year ended 31^st March, 2025.

1. FINANCIAL RESULTS:

The financial performance of the Company, for the year ended March 31, 2025 is summarized below:

Particulars	Year ended 31-03-2025 (Audited)	Year ended 31-03-2024 (Audited)
Sales	3983.33	3782.84
Other Income	79.97	58.33
Total Income	4063.30	3841.17
Expenditure	3826.57	3666.16
Profit before Depreciation, Finance Charges and Tax	500.70	470.11
Interest and Finance Charges	239.61	275.32
Depreciation	24.36	19.79
Profit before Tax and Extra-Ordinary Items	236.73	175.01
Extra-Ordinary Items	Nil	Nil
Profit after Extra-Ordinary Items but before Tax	236.73	175.01
Taxes paid and provided	63.60	20.00
Current tax expense relating to prior years	2.09	0.76
Profit after Tax	171.03	154.25

2. REVIEW OF OPERATIONS:

During the year under review, the sales have increased from 3782.84 (Rs. in Lakhs) in previous year to 3983.33 (Rs. in Lakhs) in current year. The company has shown increased profits as compared to previous years profits. Your Directors are confident to deliver better results in future.

3. DIVIDEND:

In view to conserve resources, your Directors do not recommend any dividend for the financial year ended 2024-25.

4. RESERVES:

During the year under review, the Company has not transferred any amount to General Reserve out

of the amount available for appropriation. However, credit balance of Profit and Loss of Rs. 171.03 (in Lacs) is transferred to Balance Sheet under the head Reserves and Surplus.

5. CHANGE IN THE NATURE OF BUSINESS. IF ANY:

There was no change in nature of business during the Financial Year 2024-25.

6. MATERIAL CHANGES AND COMMITMENTS. IF ANY. AFFECTING THE FINANCIAL POSITION OF THE COMPANY WHICH HAVE OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR OF THE COMPANY TO WHICH THE FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT:

No material changes have occurred subsequent to the close of the financial year of the Company to which the balance sheet relates and the date of the report

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

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

8. DETAILS OF SUBSIDIARY/ JOINT VENTURES/ ASSOCIATE COMPANIES:

The Company did not have any Subsidiary Company/Joint Venture/Associate Company during the year under review.

9. AUDITORS:

At the 13^thAnnual General Meeting held on September 30, 2022, M/s. Jain Jagawat Kamdar& Co., Chartered Accountants, were reappointed as the Statutory Auditors of the Company for a period of five years to examine and audit the accounts of the Company till the conclusion of the 18^th Annual General Meeting to be held in the year 2027.

10. SECRETARIAL AUDIT AND SECRETARIAL AUDIT REPORT:

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board of Directors have appointed M/s. Shah Patel& Associates, Company Secretaries in Practice to carry out the Secretarial Audit of the Company. The Report of the Secretarial Auditor is annexed herewith as Annexure-I.

11. ANNUAL RETURN:

Pursuant to Section 92(3) of the Act read with Section 134(3)(a) of the Act, the Annual Return as on March 31, 2025 is available on the website of the Company at www.relicab.com.

12. CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

Detailed information on conservation of energy, technology absorption, foreign exchange earnings and outgo as required to be disclosed in terms of section 134(3)(m) of the Companies Act, 2013,

read with Rule 8 of the Companies (Accounts) Rules 2014 is set out in Annexure-II and forms a part of this Report.

13. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

i.Changes in Directors and Key Managerial Personnel:

Mr. Suhir Shah was liable to retire by rotation and was re- appointed in the 15^th AGM held on 27^th September, 2024.

Further, the Company has received declarations u/s 149(7) of the Act from all the Independent Directors of the Company confirming that they meet the criteria of Independence as prescribed both under the Act and SEBI (LODR) Regulation, 2015. The Company has also received Disclosure of Interest by Directors as per the provisions of Section 184 of Companies Act, 2013.

ii.Board Evaluation:

Pursuant to the provisions of the Companies Act, 2013 and SEBI (LODR) Regulation, 2015, the Board has carried out an annual performance evaluation of its own performance, of individual Directors as well as the evaluation of the working of its Audit, Nomination & Remuneration and Compliance Committees. The Board approved the evaluation results as collated by the Nomination and Remuneration Committee from time to time.

DIRECTORS:

A. Independent Directors:

In accordance with the criteria suggested by the Nomination and Remuneration Committee, the performance of each independent director was evaluated by the entire Board of Directors (in the absence of the director getting evaluated) on various parameters like engagement, leadership, analysis, decision making, communication, governance, interest of Stakeholders, etc. The Board was of the unanimous view that every Independent Director was a reputed professional and brought his rich experience to the deliberations of the Board. The Board also appreciated the contribution made by all Independent Directors in guiding the management to achieving higher growth and continuance of each independent director on the Board will be in the interest of the Company.

B. Non-Independent Directors:

The performance of all the non-independent directors was evaluated by the Independent Directors at their separate meeting. Further, their performance was also evaluated by the Board of Directors. The various criteria considered for the purpose of evaluation included leadership, engagement, transparency, analysis, decision making, functional knowledge, governance, stakeholders etc. The Board was of the unanimous view that all the non-independent directors were providing good business and people leadership.

C. Declaration by an Independent Director(s) and re-appointment, if any:

All the Independent Directors have provided the declaration of Independence, as required pursuant to Section149(7) of the Companies Act, 2013, stating that they meet the criteria of independence as provided in sub-section (6) and Regulation 25(8) of the Listing Regulations.

The Board of Directors of the Company is of the view that Independent Directors fulfil the criteria of independence, and they are independent from the management of the Company. All Independent Directors of the Company have confirmed that they have registered themselves with Independent Directors Database of IICA and will appear for the online proficiency test of IICA, if applicable.

D. Familiarization Programme to Independent Directors:

The Company provides suitable familiarization programme to Independent Directors so as to associate themselves with the nature of the industry in which the company operates and business model of the company in addition to regular presentation on technical operations, marketing and exports and financial statements. In addition to the above, Directors are periodically advised about the changes effected in the Corporate Law, Listing Agreement with regard to their roles, rights and responsibilities as Directors of the company. Weblink of the company is www.relicab.com where all the requisite information is available.

E. Core Skills/Expertise/Competencies of the Board:

The Board comprises of persons with varied experiences in different areas who bring in the required skills, competence and expertise that allow them to make effective contribution to the Board and its committees. The below list summarizes the key skills, expertise and competence that the Board thinks necessary for proper functioning in the context of the Companys business and industry as against the Directors possessing the same

Name of Directors	Knowledge on Companys Businesses, Policies and major risks, threats and opportunities and knowledge of the industry in which the Company operates	Behavioural Skills, attributes and competencies to use their knowledge and skills to contribute effectively to the growth of the Company	Business Strategy, Corporate Governance, Administration, Decision Making	Financial and Management Skills	Technical and Professional Skills and Specialized Knowledge in relations to Companys Business.
Mr. Suhir Shah	?	?	?	?	?
Ms. Vijaya More	?	?	?	?	?
Mr. Rajesh Gor	?	?	?	?	?
Mr. Mushtaque Khan	?	?	?	?	?

14. DETAILS OF COMMITTEES OF THE BOARD:

Currently the Board has 3 Committees: the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee. The Composition of various committees and compliances, as per the applicable provisions of the Companies Act, 2013 and the Rules thereunder and SEBI (LODR) Regulation, 2015, areas follow:

i. Audit Committee:

A. Constitution of Audit committee:

The Audit Committee comprises of 3 Directors - Ms. Vijaya More (DIN: 07283800), Independent Director and the Chairman of the Committee, Mr. Rajesh Gor (DIN: 07302407), Independent Director and Mr. Suhir Shah (DIN: 02420617), Managing Director as the members of the Committee. The recommendations of the Audit Committee is always welcomed and accepted by the Board and all the major steps impacting the financials of the Company are undertaken only after the consultation of the Audit Committee.

Name of Member	Designation	Nature of Directorship
Ms. Vijaya More (DIN: 07283800)	Chairperson	Non-Executive Independent Director
Mr. Rajesh Gor (DIN: 07302407)	Member	Non-Executive Independent Director
Mr. Suhir Shah (DIN:02420617)	Member	Managing Director

B. Details of establishment of vigil mechanism for directors and employees:

The Company has established vigil mechanism pursuant to Section 177(9) of the Companies Act, 2013 for Directors and Employees to report their concerns and has also taken steps to safeguard any person using this mechanism from victimization and in appropriate and exceptional cases; there is direct access to approach Ms. Vijaya More (DIN: 07283800), Chairperson of the Audit Committee.

ii. Nomination and Remuneration Committee:

The Board has constituted Nomination and Remuneration Committee under Section 178 of the Companies Act,2013. Mr. Mushtaque Khan (DIN: 07295171), Independent Director is the Chairman of the said Committee and Mr. Rajesh Gor (DIN: 07302407) and Ms. Vijaya More (DIN: 07283800), Independent Directors are the members of the Committee. The Committee has framed a policy to determine the qualification and attributes for appointment and basis of determination of remuneration of all the Directors, Key Managerial Personnel and other employees. A copy of the policy is annexed as "Annexure-IV".

Name of Member	Designation	Nature of Directorship
Mr. Mushtaque Khan (DIN:07295171)	Chairperson	Non-Executive Independent Director
Ms. Vijaya More (DIN: 07283800)	Member	Non-Executive Independent Director
Mr. Rajesh Gor (DIN:07302407)	Member	Non-Executive Independent Director

iii. Stakeholders Relationship Committee:

The Stakeholders Relationship Committee comprises of Ms. Vijaya More (DIN: 07283800), Independent Director as the Chairman of the said Committee, Mr. Mushtaque Khan (DIN: 07295171), Independent Director and Mr. Suhir Shah (DIN: 02420617), Managing Director and CFO as the member of the Committee. The role of the Committee is to consider and resolve securities holders complaint and to consider, approve/ratify transfer of securities, if any received. The meetings of the Committee are held once in a quarter and the complaints and transfers are executed and responded within the time frame provided.

Name of Member	Designation	Nature of Directorship
Ms. Vijaya More (DIN 07283800)	Chairperson	Non-Executive Independent Director
Mr. Mushtaque Khan (DIN 07295171)	Member	Non-Executive Independent Director
Mr. Suhir Shah (DIN 02420617)	Member	Managing Director

15. NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS AND COMMITTEES:

The Board of Directors met Four (4) times during the Financial Year. The intervening gap between any two meetings was not more than 120 days as prescribed by the Companies Act, 2013. Details of dates of Board meeting are as under:

Type of Meeting	Date
1 Board Meeting	May 29, 2024
2 Board Meeting	August 14, 2024
3 Board Meeting	November 14,2024
4 Board Meeting	February 14, 2025

The members of Audit Committee four (4) times during the Financial Year. Details of dates if Audit Committee meeting are as under:

Type of Meeting	Date
1 Audit Committee Meeting	May 29, 2024
2 Audit Committee Meeting	August 14, 2024
3 Audit Committee Meeting	November 14,2024
4 Audit Committee Meeting	February 14, 2025

The members of Shareholders Relationship Committee met Four (2) times during the Financial Year. Details of dates if Shareholders Relationship Committee meeting are as under:

Type of Meeting	Date
1 Shareholders Relationship Committee Meeting	May 29, 2024
2 Shareholders Relationship Committee Meeting	August 14, 2024

The members of Nomination and Remuneration Committee met two (2) times during the Financial Year. Details of date of Nomination and Remuneration Committee meeting are as under:

Type of Meeting	Date
1 Nomination & Remuneration Committee Meeting	May 29, 2024
2 Nomination & Remuneration Committee Meeting	August 14, 2024

The Independent Directors of the Company met on February 14, 2025

16. PARTICULARS OF LOANS. GUARANTEES OR INVESTMENTS UNDER SECTION 186:

The particulars of loans, guarantees and investments are disclosed in the financial statements which also form part of this report.

17. DEMATERIALIZATION OF SHARES:

100% Shareholding of the Company is in dematerialized form and the Company has entered into Tripartite Agreement with NSDL and CDSL for providing demat facilities to its shareholders. MUFG INTIME INDIA PRIVATE LIMITED continue to be our Registrar and Share Transfer Agent.

18. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES:

All contracts, arrangements and transactions entered by the Company with related parties during FY 2024-25 were in the ordinary course of business and on an arms length basis. During the year, the Company did not enter into any transaction, contract or arrangement with related parties that could be considered material in accordance with the Companys policy on related party transactions.

Accordingly, the disclosure of related party transactions in Form AOC-2 is not applicable. However detailed disclosure on related party transactions as per IND AS-24 containing name of the related party and details of the transactions have been provided under financial statements.

19. DIRECTORS RESPONSIBILITY STATEMENT:

As stipulated under clause (c) of sub-section (3) of Section 134 of the Companies Act, 2013, your Directors subscribe to the Directors Responsibility Statement and state that:

i. In the preparation of the annual accounts for the Financial Year ended March 31, 2025, the applicable accounting standards have been followed and no material departures have been made from the same;

ii. In consultation with Statutory Auditor, accounting policies have been selected and applied 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 as at March 31,2025 and of the profit of the Company for that period;

iii. Proper and sufficient care has been taken 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 irregularities;

iv. Annual accounts have been prepared on a going concern basis;

v. Adequate Internal Financial Controls have been laid down to be followed by the Company and such Internal Financial Controls were operating effectively during the financial year ended March 31,2025;

vi. Proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively throughout the financial year ended March 31,2025.

20. PARTICULARS OF EMPLOYEES:

The Company considers its employees as most important resources and asset. The Company follows a policy of building strong teams of talented professionals. The Company continues to build on its capabilities in getting the right talent to support different products and geographies and is taking effective steps to retain the talent. It has built an open, transparent and meritocratic culture to nurture this asset. The Company ensures that safe working conditions are provided in the offices of the Company.

The Company has kept a sharp focus on Employee Engagement. The Companys Human Resources is commensurate with the size, nature and operations of the Company. The overall industrial relations in the Company have been cordial.

Following is details of number of employees in Company as on closure of financial year:

Category	Number of Employees
1 Male	44
2 Female	4
3 Transgender	0

Disclosure pertaining to remuneration and other details as required under 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 provided in the Annual Report and is marked as "Annexure- 111" to this Report.

Further during the year, no employees of the Company were in receipt of remuneration in terms of the provisions of Section 197(12) of the Companies Act, 2013, read with Rules 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

21. MANAGEMENT DISCUSSION AND ANALYSIS:

The Management Discussion and Analysis Report for the financial year under review is annexed as a part of this Annual Report as "Annexure-V".

22. REPORT ON CORPORATE GOVERNANCE:

At Relicab, it is imperative that our company affairs are managed in a fair and transparent manner. This is vital to gain and retain the trust of our stakeholders.

The Company has committed to maintain the highest standards of Corporate Governance as set out by SEBI. Disclosure of report on Corporate Governance as per SEBI (LODR) Regulation, 2015 has disclosed the same under "Annexure - VI".

23. CORPORATE SOCIAL RESPONSIBILITY (CSR):

In line with the provisions of the Companies Act, 2013 and the rules framed there under with respect to the Corporate Social Responsibility (CSR), your company is not governed by the provisions of Section 135 of the Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014. So, the Company is not required to formulate a policy on CSR and also has not constituted a CSR Committee.

24. RISK ASSESSMENT AND MANAGEMENT:

Your Company has a well defined Risk Management System in place, as a part of its good Corporate Governance practices. Your Company has assigned the ownership of key risks to various Risk Owners and has made the concerned departments and officials responsible for mitigation plans and review of these risks from time to time. All the risks are identified at various departmental levels and suitable mitigation measures are thereafter adopted. These are subjected to a quarterly review by the Board.

25. INTERNAL FINANCIAL CONTROL SYSTEM AND THEIR ADEQUACY:

Adequate internal controls, systems, and checks are in place, commensurate with the size of the Company and the nature of its business. The scope and authority of the Internal Audit function is defined by the Audit committee. To maintain its objectivity and independency, the Audit function reports to the Chairman of the Audit Committee of the board & to the Managing Director.

The Accounts Department monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies of the Company. Based on the report of internal audit function, process owners undertake corrective action in their respective areas and thereby strengthen the controls. Significant audit observations and corrective actions thereon are presented to the Audit Committee of the Board.

26. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION. PROHIBITION AND REDRESSAL) ACT. 2013:

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. An Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this Policy. The Policy is gender neutral.

The Company has not received any complaints of workplace complaints, including complaints on sexual harassment during the year under review or the following is a summary of complaints received and resolved during the reporting period F. Y. 2024-25.

Nature of Complaints	Received	Disposed Off	Pending
1 Sexual Harassment	-	-	-
2 Workplace Discrimination	-	-	-
3 Child Labour	-	-	-
4 Forced Labour	-	-	-
5 Wages and Salary	-	-	-
6 Other HR Issues	-	-	-

27. VIGIL MECHANISM/WHISTLE BLOWER POLICY:

The Company has a vigil mechanism named Whistle Blower Policy (WBP) to deal with instances of fraud and mismanagement, if any. This mechanism is looked after by the Audit Committee of the Company.

28. PREVENTION OF INSIDER TRADING:

The Company has adopted a Code of Conduct for Prevention of Insider Trading with a view to regulate trading in securities by the Directors and designated employees of the Company and their relatives. The Code requires pre-clearance for dealing in the companys Shares and prohibits the purchase or sale of Company shares by the Directors and the designated employees while in possession of unpublished price sensitive information in relation to the Company and during the period when the Trading Window is closed. The Company Secretary is responsible for implementation of the Code. The Company has in place a structured digital database wherein details of persons with whom UPSI is shared on a need-to-know basis and for legitimate business purposes is maintained with time stamping and audit trails to ensure non-tampering of the database.

All Board Directors and the designated employees have confirmed compliance with the code.

29. SHARE CAPITAL:

The Share Capital of the Company is Rs. 1009.47 Lakhs as on 31^st March, 2025.

30. INFORMATION ON AUDITORS OBSERVATIONS:

1) Statutory Auditors:

The report of the Statutory Auditors on Financial Statements forms part of this Annual Report. There were no qualifications according to the Auditors Report.

2) Secretarial Auditor:

The report of Secretarial Auditor forms part of this Annual Report. The Secretarial Audit Report - MR-3 is Annexed herewith in "Annexure-I". Remarks by Secretarial Auditor are self-explanatory.

Secretarial Auditors appointment

In compliance with Regulation 24A of the Listing Regulations and Section 204 of the Companies Act, 2013 read with rules thereto, the Board of Directors has appointed M/s. Shah Patel & Associates, Practicing Company Secretaries (Firm Registration Number P2015MH046300), as the Secretarial Auditors for a term of 5 consecutive years i.e. from FY 2025-26 till FY 2029-30, subject to the approval of the members of the Company. A resolution to this effect is included in the notice of the ensuing Annual General Meeting, which may kindly be referred for more details.

Annual Secretarial Compliance Report

In compliance with the Regulation 24A of the SEBI Listing Regulations and the SEBI circular CIR/CFD/CMD1/27/2019 dated February 8, 2019 and NSE Circular Ref No: NSE/CML/2023/30 dated April 10, 2023, the Company has undertaken an audit for the FY 2024-25 for all applicable compliances as per SEBI Listing Regulations and Circulars/Guidelines issued thereunder. The Annual Secretarial Compliance Report duly issued by M/s. Shah Patel & Associates, Practicing Company Secretaries has been submitted to the Stock Exchanges within the prescribed timelines.

Further a certificate confirming compliance of conditions of Corporate Governance, as stipulated under the SEBI Listing Regulations, is also annexed to this report.

31. COMPLIANCE OF MATERNITY BENEFIT ACT 1961:

The Company declares that it has duly complied with the provisions of the Maternity Benefit Act, 1961. All eligible women employees have been extended the statutory benefits prescribed under the Act, including paid maternity leave, continuity of salary and service during the leave period, and post maternity support such as nursing breaks and flexible return-to-work options, as applicable. The Company remains committed to fostering an inclusive and supportive work environment that upholds the rights and welfare of its women employees in accordance with applicable laws.

32. MAINTENANCE OF COST RECORDS AS SPECIFIED BY THE CENTRAL GOVERNMENT UNDER SUB-SECTION (1) OF SECTION 148 OF THE COMPANIES ACT. 2013:

As per provisions of sub section (1) of Section 148 of the Act, the Company is not required to maintain cost records.

33. DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS UNDER SUB SECTION (12) OF SECTION 143 OTHER THAN THOSE WHICH ARE REPORTABLE TO THE CENTRAL GOVERNMENT:

No frauds were reported by auditors under sub-section (12) of Section 143 of the Act.

34. POLICIES:

The SEBI Listing Regulation mandated the formulation of certain policies for all Listed Companies. In compliance with the above requirement, all our policies are available on our website https://www.relicab.com/ The policies are reviewed periodically by the Board and updated based on need and new compliance requirement.

In addition to its Code of Conduct, Key policies that have been adopted by the Company are as follows:

Name of the Policy	Brief Description	Web Link
Whistle Blower/Vigil Mechanism	The Company has formulated and adopted a Whistleblower Policy/Vigil Mechanism for its Directors and Employees to report concerns about unethical behavior, actual or suspected fraud or violation of Companys Code of Conduct and ethics.	https://relicab.eom/uploads/p df/vigil mechanism.pdf
Related Party Transaction Policy	Related Party Transactions Policy is framed to ensure the proper approval and reporting of transactions between the Company and its related parties.	https://relieab.eom/uploads/p df/policv-on-materialitv-of- rpts-and-dealing-with-rpts.pdf
Insider Trading Policy	The Policy provides the framework in dealing with the securities of the Company.	https://relieab.eom/uploads/p df/Insider Trading Poliev.pdf
Policy for determination and Disclosure of Materiality of Events	The Policy is framed to provide an overall governance framework for determination of materiality of events / information and to ensure timely and adequate disclosures of material events / information fully, fairly, correctly and transparently to the concerned authorities.	https://relieab.eom/uploads/p df/Poliev on determination o
		f material events and web a
		rehival poliev.pdf
Document Retention and Archival Policy	The Policy is framed to outline the guidelines for retention and archival for corporate records / documents of the Company.	https://relieab.eom/uploads/p df/Poliev on determination o
		f material events and web a
		rehival poliev.pdf
Code of Conduct of Board & Senior Management Policy	The Code expects all the members of the Board of Directors and Senior Management personnel of the Company to act in accordance with the highest standards of personal and professional integrity, honesty, and ethical conduct. Every member of the Board of Directors and Senior Management personnel of the Company has an obligation, at all times, to comply with the spirit, as well as the letter, of the Applicable Laws and the principles of this Code	https://relicab.eom/uploads/p df/Intemal%20Code%20of% 20Conduct.pdf
Sexual Harassment Policy	The Policy committed to providing a work environment free from harassment of any kind and in particular, a work environment that does not tolerate sexual harassment. We respect dignity of everyone involved in our work place, whether they are employees, suppliers or our customers. We require all employees to make sure that they maintain mutual respect and positive regard towards one another.	https://relieab.eom/uploads/p df/Sexual Harrasment Policy. pdf
Policy for Selection of Directors and determining Directors independence	This Policy sets out the guiding principles for the Human Resources, Nomination and Remuneration Committee for identifying persons who are qualified to become Directors and to determine the independence of Directors, in case of their appointment as independent directors of the Company.	https://relicab.com/uploads/p df/Policv for Selection of Dir ectors and determining Dire ctors.pdf

35. INSOLVENCY AND BANKRUPTCY CODE. 2016:

There are no proceedings initiated/pending against the Company before any bench of the National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016, during the financial year under review or as on the date of this report

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

The Company has not made any such valuation during FY 2024-25.

37. OTHER DISCLOSURES / REPORTING:

Your Directors state that no disclosure or reporting is required in respect of the following items as there were no transactions on these items during the year under review:

a) Details relating to deposits covered under Chapter V of the Act.

b) Issue of equity shares with differential rights as to dividend, voting or otherwise.

c) Issue of shares (including sweat equity shares) to employees of the Company under any scheme.

d) The Company does not have any Subsidiaries and/or Joint Venture and/or Associate Company.

e) Details of payment of remuneration or commission to Managing Director or Joint Managing Director of the Company from any of its subsidiaries is not applicable as the Company does not have any Subsidiaries/Joint Venture/Associate Company.

f) Voting rights which are not directly exercised by the employees in respect of shares for the subscription/purchase of which loan was given by the Company (as there is no scheme pursuant to which such persons can beneficially hold shares as envisaged under section 67(3)(c) of the Companies Act, 2013).

g) Transfer of Unclaimed Dividend to Investor Education and Protection Fund (IEPF)

38. ACKNOWLEDGEMENTS:

The Board of Directors expresses their deep gratitude for the co-operation and support extended to the Company by its customers, suppliers, Bankers and various Government agencies. Your Directors also place on record the commitment and involvement of the employees at all levels and looks forward to their continuous co-operation.

	By Order of the Board of Directors For Relicab Cable Manufacturing Limited
	SD/-
	Suhir Shah
	Managing Director & CFO
Place: Daman	DIN-02420617
Date:28/08/2025
Registered Office:
57/1 ,(4-B) Benslore Industrial Estate
Dunetha, Daman - 396210 (U. T)
CIN: L27201DD2009PLC004670