Revathi Equipment India Ltd Directors Report

– FOR FINANCIAL YEAR 2025-26

Dear Members,

Your Directors have the pleasure of presenting your companys annual report and the audited financial statements for the financial year ending 31st March 2026. Your Companys performance for the financial year ended31 st March 2025 as per restated numbers and for the financial year 31st March 2026 is summarized below:

FINANCIAL RESULTS

	Standalone		Consolidated
Particulars	2026	2025	2026	2025
Total Revenue	152.80	188.84	156.29	188.84
Total Expenditure (including Finance Cost)	144.83	161.09	147.21	161.10
Finance Cost	9.37	10.06	9.37	10.06
Profit /(Loss) before tax for the period (before minority interest, in-case of consolidated)	17.08	27.75	18.20	27.74
Tax Expense	3.71	7.57	4.36	7.57
Minority/ Non-controlling Interest (in-case of consolidated)	0.00	0.00	0.00	0.00
Exceptional Item	(0.25)	0.00	(0.25)	0.00
Profit/(Loss) for the period (after tax, minority interest and Exceptional Item)	13.37	20.18	13.84	20.18
Reserves & Surplus
Capital Reserve	0.01	0.01	0.01	0.01
General Reserve	46.00	46.00	46.00	46.00
Retained earnings	223.05	209.21	223.05	209.21
Capital Reserve on business combination	(131.53)	(131.53)	(131.53)	(131.53)

Note: The new labour codes has resulted in estimated one time increase in provision for employee benefits of INR 25 Lacs and considering the materilaity and non- recurring nature of this impact, the company has presented such incremental impact as ‘

Statutory impact of New Labour Codes under ‘Exceptional items in the statement of Profit & Loss for the year ended 31st March 2026.

COMMENCEMENT OF BUSINESS AND BUSINESS DESCRIPTION

The Company is in the business of manufacturing and marketing Blast Hole Drills (Rotary and DTH, Diesel / Electric driven) for mining applications, Jackless Drills for Construction and Mining applications, Water Well Drills, Hydro-Fracturing Units and Exploratory Drills. The Company has been in this business for more than 3 decades and the Companys drilling rigs are used extensively in mining operations for mining coal, copper, gold, iron, zinc, phosphate, bauxite, lignite, limestone, etc.. The Company offers drilling equipment with various hole sizes. The Company offer customers a comprehensive Maintenance and Service Contract, which enables them to outsource the maintenance of all their drilling equipment. The Companys products are used in a variety of industries like coal, cement, gold, construction, iron ore, copper, etc.

RESULTS OF OPERATIONS

FY26 witnessed heightened global macroeconomic volatility, driven by escalating geopolitical tensions in the Middle East.

Financial markets remained volatile, reflectingconcerns around trade fragmentation, energy security and the lagged impact events like the ongoing Russia-Ukraine war, Israel-Palestine war, Iran oftighter globalfinancialconditions.Manysignificant war, U.S.–India trade escalation, Critical minerals export restrictions by China, Rising fuel prices, Gas scarcity and so on disrupted the export and domestic business and also resulted in higher operating costs and pressure on profit margins.

The Iran war and the consequent disruption of the transit of goods through Strait of Hormuz has impacted the supply chain and the export of mining equipments. However, it is gratifying to note that despite the challenging business, global and economic environment, the company was able to achieve and maintain good profit levels.

During the year under review, our Company has earned a revenue of Rs. 152.80 crores as against Rs. 188.84 crore in the previous year. The income from the operation of the Company for the financial year 2026 stood at Rs 139.44 crore compared to Rs 178.53 crore in the previous financial year. The expenditure incurred during the year under review was Rs. 135.47 crore as against Rs. 161.09 crore in the previous year. The Companys Net profit during the year under review stood at Rs 13.37 crore as compared to Rs 20.18 crore in the previous year.

During the previous financial year, the Company had only one subsidiary which had not commenced its operations till the conclusion of the FY2025. Presently Company has 2 operational subsidiaries and during the year under review, the Company has earned a consolidated revenue of Rs 156.29 crore. The consolidated expenditure incurred during the year under review was Rs 147.21 resulting in a Net profit of Rs 13.84 crores on an consolidated basis. through its strong focus on TheCompanycontinues toachievesignificant cost controls, process efficiencies, and product innovations that consistently exceed customer expectations, enabling it to deliver profits for the Company.

Segment-wise position of the business and its operations.

The revenue of the Company disaggregated based on the products/ services and from domestic/ export sales are as follows:

Rs in crores

Particulars	FY2026	FY2025
Drills	52.93	86.50
Spares (Including Traded spares)	80.56	84.01
Sale of services	5.09	6.76

Rs in crores

Particulars	FY2026	FY2025
India	92.11	110.47
Outside India	47.33	68.06

SUBSIDIARY COMPANIES AND ACCOUNTS OF SUBSIDIARIES

Your Company presently has the following wholly owned/ controlled entities:

Sr. No	Name	Relationship	% of control/ voting power	Remarks
1.	Revathi Drilling Solutions LLP	Wholly owned/ controlled subsidiary	100	Incorporated on 25th November 2024
2.	Global Essential Mining Supplies LLP	Wholly owned/ controlled subsidiary	100	Incorporated on 05th April 2025

During the year under review, the Company has incorporated a wholly owned/ controlled Limited Liability Partnership by the name Global Essential Mining Supplies LLP (LLP Identification Number: ACN-3902) in India. The LLP is incorporated in

India and registered with Registrar of Companies, Coimbatore, Tamil Nadu on 05th April 2025.

The Board of Directors (including Audit Committee) have reviewed the affairs of the Subsidiaries and the salient features of the financials of Subsidiary Companies are provided in the prescribed format AOC -1 attached as Annexure I.

The Annual Financial Statements and related detailed information of the subsidiary companies shall be made available to the shareholders of the holding and subsidiary companies seeking such information on all working days during business hours.

The financial statements of the subsidiary companies shall also be kept for inspection by any shareholders during working hours at your Companys registered office and that of the respective subsidiary companies concerned. In accordance with Section 136 oftheAct,theauditedfinancialstatements, includingconsolidatedfinancialstatements and related information of your Company and audited accounts of each of its subsidiaries, are available on website of your Company (www.revathi.in).

CONSOLIDATED FINANCIAL STATEMENTS

The consolidated financial statements of the Company and its subsidiaries for FY26 have been prepared in compliance with the applicable provisions of the Act and as stipulated under Regulation 33 of SEBI Listing Regulations as well as in accordance with the Indian Accounting Standards notified under the Companies (Indian Accounting Standards) Rules, 2015. The audited consolidated financial statements together with the Independent Auditors Report thereon form part of this

Annual Report.

MATERIAL SUBSIDIARIES

Based on Financial Statement as on 31st March 2026, your Company does not have any material subsidiary. Your Company has formulated a policy for determining material subsidiaries. The policy is available on your Companys website and the same can be accessed by the following link: https://www.revathi.in/wp-content/themes/rel/pdf/Policy-on-Material-Subsidiary.pdf Pursuant to Section 134 of the Act read with rules made thereunder, the details of developments at the level of subsidiaries and joint ventures of your Company are covered in the Management Discussion and Analysis Report, which forms part of this Integrated Annual Report.

RESERVES

The Company has adjusted an amount of Rs 131.53 crores to its Capital Reserve on business combination to give effect to the scheme. As permitted under the Act, the Board does not propose to transfer any amount to General Reserves. The

Company has transferred a net profit of Rs. 13.84 crores, which has been carried forward under the heading ‘Retained

Earnings. The closing balance of the retained earnings of your Company for FY 2025-26, after all appropriations and adjustments, is Rs 223.05 crore

The details of the reserves and surplus of the Company is as mentioned below.

	Standalone		Consolidated
Particulars	2026	2025	2026	2025
Reserves & Surplus
Capital Reserve	0.01	0.01	0.01	0.01
General Reserve	46.00	46.00	46.00	46.00
Retained earnings	223.05	209.21	223.05	209.21
Capital Reserve on business combination	(131.53)	(131.53)	(131.53)	(131.53)

DIVIDEND

The Board of Directors do not recommend any dividend to the shareholders for the financial year 2025-2026 since the surplus is intended to be ploughed back into the business for its future growth.

FIXED DEPOSITS

The Company does not hold/ has not accepted any deposits within the meaning of Chapter V of the Companies Act, 2013, and the rules made thereunder. Since the Company has not accepted any fixed deposit covered under Chapter V of the

Companies Act, 2013, and there were no deposits remaining unclaimed or unpaid as of 31st March 2025, the question of default in repayment of deposits or payment of interest thereon during the year does not arise.

UNSECURED LOAN FROM DIRECTORS

During the year under review, the Company has not borrowed any unsecured loan from any of the Directors of the Company.

TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND

There was no unpaid/unclaimed Dividend required to be transferred to the Investor Education and Protection Fund (IEPF) pursuant to the provisions of Sections 124 & 125 of the Companies Act, 2013 during the year under review. However consequent to the implementation of the scheme of arrangement which inter alia involved the demerger of Semac Construction Limited (SCL), the Company issued/ allotted one equity shares of Rupees ten each to the shareholders of SCL for every one equity shares held by them in SCL as on 03rd May 2024 (Record date). As on record date, 609 (Six Hundred and Nine) equity shares of Rs.10/- (Rupees Ten only) each were held by the IEPF Authority in the Demat Account by them. In cases where members of SCL had their shares previously transferred to the IEPF Authority, the corresponding shares in your Company have also been transferred to the IEPF Authority. As a result, 609 (Six Hundred and Nine) equity shares of Rs.10/- (Rupees Ten only) each have been credited to the Demat Account identified by the IEPF Authority.

The details of the unclaimed underlying shares liable to be transferred to IEPF are also available on the Companys website. The Members whose unclaimed dividends/ shares have been assigned to IEPF may claim the same by applying to the IEPF Authority, in Form No. IEPF-5 is available on www.iepf.gov.in. Members who have a claim on the shares as mentioned earlier may claim the same from the IEPF Authority by sending the request letter along with the requisite documents to MUFG Intime India Private Limited (Formerly Link Intime India

Private Limited) and after that file an online application in the prescribed e Form IEPF 5 upon receiving the entitlement letter from the Company. The e–Form IEPF–5 is available on the website of the IEPF Authority www.iepf.gov.in. No claims shall lie against the Company with respect to the dividends/shares so transferred. Members/claimants can file only one consolidated claim in a financial year as per the IEPF Rules

CAPITAL STRUCTURE

The Authorized Share Capital of the Company is Rs.3,50,00,000/- (Rupees Three crore fifty lakh only) divided into 35,00,000

(Thirty-Five lakhs) equity shares of Rs 10/- each and the issued, subscribed and paid-up share capital of the Company is Rs. 3,06,69,430 (Rupees Three crore six lakh sixty nine thousand four hundred and thirty only) divided into 30,66,943 (Thirty lakh Sixty Six thousand nine hundred and forty three) equity shares of Rs. 10/- each.

LISTING ON BSE LIMITED AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED

The shares of the Company were listed and commenced trading on BSE Limited and the National Stock Exchange of India

Limited with effect from 11 th September 2024.

The Company has paid the requisite Annual Listing and Custodial Fees to the Stock Exchanges and Depositories viz; Central

Depository Services Limited (‘CDSL) and National Securities Depository Limited (‘NSDL), respectively, for FY2026-2027.

EXTRACT OF ANNUAL RETURN

The Annual Return of the Company for the financialyear 2025-26 as required under Section 92(3) of the Companies Act,

2013 is available on the website of the Company and can be accessed at the link http://www.revathi.in/investor-relations/ financials/annual-return/.

CORPORATE GOVERNANCE

The Company is committed to maintaining the highest standards of corporate governance and adherence to the corporate governance requirements as set out by the Companies Act 2013 and the Securities and Exchange Board of India (SEBI). The Company strives to achieve fairness for all stakeholders and to enhance long term shareholders value. Your Company is committed to maintain high standards of corporate governance practices. The Corporate Governance Report, as stipulated by SEBI Listing Regulations, forms part of this Integrated Annual Report along with the required regarding compliance of the conditions of corporate governance, as certificate stipulated.

In compliance with corporate governance requirements as per the SEBI Listing Regulations, your Company has formulated and implemented a Code of Conduct for all Board members and senior management personnel of your Company ("Code of

Conduct"), who have affirmed the compliance thereto. The Code of Conduct is available on the website of your Company at https://www.revathi.in/investor-relations/governance/ .

DIRECTORS AND KEY MANAGERIAL PERSONNEL

The Board of Directors of the Company has total 6 (six) members comprising of one Executive Director, two Non-Executive and Non-Independent Directors including a Woman Director and three Independent Directors. The Board of your Company consists of the following 6 (six) Directors:

1.	Mr. Abhishek Dalmia	- Managing Director
2.	Mr. B V Ramanan	- Non-Executive - Independent Director
3.	Mr. V V Subramanian	- Non-Executive - Independent Director
4.	Mr. Natarajan S Iyer	- Non-Executive - Independent Director
5.	Ms. Deepali Dalmia	- Non-Executive - Non Independent Director

During the year under review, Mr. S Sundarasamy (DIN: 08829760) tendered his resignation from the position of Independent Director of the Company due to personal reasons and his other pre-occupations / commitments. The Board of Directors accepted his resignation and he ceased to be Independent Director of the Company with effect from the close of business hours on 07th November 2025. Consequently, Mr. S Sundarasamy ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee of the Board. The Board places on record its sincere appreciation for Mr. S Sundarasamys valuable contributions and guidance during his tenure as an Independent Director. The

Company had benefitted immensely from his experience, independent judgment, and unwavering commitment. The Board of Directors of the Company during the financial year under review, based on the recommendation of the

Nomination and Remuneration Committee, approved the appointment of Mr. Natarajan S Iyer (DIN: 11318891) as an

Additional Director designated as a Non-Executive Independent Director of the Company with effect from 07th November 2025 for a term of 5 years, subject to the approval of shareholders as may be applicable. The Members of the Company through remote e-voting/ postal ballot approved/ regularized the appointment of Mr. Natarajan S Iyer (DIN: 11318891) as Independent Directors for a term of five years, with effect from 07 th November 2025. The Board has reconstituted the Committees in accordance with applicable regulatory requirements.

EXECUTIVE DIRECTORS

The Board of Directors of the Company at their meeting held on 28th July 2023 appointed Mr. Abhishek Dalmia as Managing Director of the Company for a period of 5 years. The Members approved his appointment along with the remuneration at the Annual General Meeting held on 27th September 2024. Considering the contribution of Mr. Abhishek Dalmia in the growth of the business, the members of the Company at the Annual General Meeting held on 27th September 2025 had approved the revised remuneration to be paid to Mr. Abhishek Dalmia as provided in notice of AGM for the above-mentioned meeting for a period of three years commencing from financial year 2025-2026 to financial year 2027-2028.

NON-EXECUTIVE DIRECTORS

The Board of your Company consists of the following Non-Executive Directors including a Woman Director:

The Board appointed Mr. P Muthusekkar as the Additional Director (Non-Executive - Non-Independent Director), liable to retire by rotation at their meeting held on 28th July 2023. Mr. P Muthusekkar has a demonstrated history of working in the machinery industry. The members of the Company at the Annual General meeting held on 27th September 2024 approved the appointment of Mr. P Muthusekkar as Non-Executive Director liable to retire by rotation. The member of the Company at the Annual General Meeting held on 27th September 2025 approved the re-appointment of Mr. P Muthusekkar as Non-Executive Director liable to retire by rotation.

In accordance with the provisions of Section 152 of the Act, read with rules made thereunder and Articles of Association of your Company, Ms. Deepali Dalmia is liable to retire by rotation at the ensuing AGM and being eligible, offers herself for reappointment. The Board recommends the re-appointment of Ms. Deepali Dalmia as Director for your approval.

Brief details, as required under Secretarial Standard-2 and Regulation 36 of SEBI Listing Regulations, are provided in the Notice of ensuing AGM.

INDEPENDENT DIRECTORS

The Board of your Company consists of the following Non-Executive - Independent Director:

The Company has received declarations from all its Independent Directors, confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Act along with Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations. In the opinion of the Board, the Independent Directors appointed during the year under review are persons with integrity and possess the requisite experience, expertise and proficiency required under applicable laws and the policies of the Company. The Company has received the requisite Notices from a Member in writing proposing their appointment as Independent Director.

They have duly registered with the Independent Directors Database maintained by the Indian Institute of Corporate Affairs

(IICA). In the Boards opinion, these Independent Directors satisfy the prescribed conditions and are independent of the Management.

KEY MANAGERIAL PERSONNEL

In terms of Section 203 of the Act, the Key Managerial Personnel (‘KMPs) of the Company during FY26 are:

During the year under review, there were no change in the KMPs of the Company.

RESIGNATION OF CHIEF FINANCIAL OFFICER AND COMPANY SECRETARY

Subsequent to the close of the financial year, Mr. Sudhir Raju and Mr. Nishant Ramakrishnan tendered their resignation from the position of Chief Financial Officer and Company Secretary & Compliance Officer of the Company respectively. The Board accepted their resignation and Mr. Sudhir Raju ceased to be the Chief Financial Officer of the Company of the Company with effect from the close of business hours on 30th June 2026 and Mr. Nishant Ramakrishnan ceased to be the Company Secretary & Compliance Officer of the Company with effect from the close of business hours on 10 th August 2026. The Board places on record its sincere appreciation for the valuable contributions and dedicated services rendered by Mr. Sudhir Raju and Mr. Nishant Ramakrishnan during their tenure with the Company and wishes them success in their future endeavours.

The Company has initiated the process for appointment of suitable professionals to fill the resultant vacancies and shall ensure compliance with the applicable provisions of the Companies Act, 2013, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable laws within the prescribed timelines.

EVALUATION OF THE BOARD ON ITS PERFORMANCE AND OF THE INDIVIDUAL DIRECTORS AND COMMITTEES

The Board has evaluated its performance, the Directors individually as well as the working of the Committees of the Board. The Boards performance was assessed based on input from all the Directors after considering criteria such as Board composition and structure, effectiveness of Board / Committee processes, and information provided to the Board, etc. The

Board and the individual Directors have also evaluated the performance of Independent and Non-independent Directors, the Board as a whole and that of the Chairman of the Meetings. The Board carried out a separate exercise to evaluate the performance of Individual Directors. The performance evaluation of the Non-Independent Directors and the Board as a whole was carried out by the Independent Directors. The performance evaluation of the Chairman of the Board was also carried out by the Independent Directors, taking into account the views of the Executive Directors and Non-Executive Directors. The performance evaluation of the Chairman of the Board was based on various criteria, among other things, including the style of the Chairmans leadership, effective engagement with other

Board members during and outside the meetings, allocation of time provided to other Board members at the meetings, effective engagement with shareholders during general meetings,etc.

The performance evaluation of the Managing Director and the Executive Director of the Company was carried out by the other Directors. The performance evaluation of the Managing Director and Executive Director was based on various criteria, inter alia, including standards of integrity, fairness and transparency demonstrated, identification of strategic targets, anticipation of future demands and opportunities, resource staffing to meet short-term and long-term goals, engagement withBoardmembers,updatingBoardonsignificantissues, commitment to organisational values, vision and mission, adaptation to meet changing circumstances, knowledge and sensitivity of stakeholders needs within and outside the Company.

The performance evaluation of Independent Directors was based on various criteria, inter alia, including attendance at Board and Committee Meetings, skill, experience, ability to challenge views of others constructively, knowledge acquired with regard to the Companys business, understanding of industry and global trends, ability to maintain independence, etc. Performance evaluation indicators for independent directors include contributing to and monitoring corporate governance practices and participation in long-term strategic planning.

The performance evaluation of Committees was based on criteria such as structure and composition of Committees, attendance and participation of members of the Committees, fulfilment of the functions assigned to Committees by the Board and applicable regulatory framework, adequacy of time allocated at the Committee Meetings to fulfil duties assigned to it, adequacy and timeliness of the Agenda and Minutes circulated, comprehensiveness of the discussions, effectiveness of the Committees recommendation for the decisions of the Board, etc.

CRITERIA FOR DETERMINING QUALIFICATIONS, POSITIVE ATTRIBUTES AND INDEPENDENCE OF A DIRECTOR

The Company has a Nomination and Remuneration Policy that spells out the criteria for determining qualifications, positive attributes and independence of a Director, and the policy on remuneration of Directors, Key Managerial Personnel and senior management employees, including functional heads. The policy enables and encourages the diversity of the board and provides the mechanism for the performance evaluation of the Chairman, individual Directors, Board of Directors, and Committees. The Board of Directors and the Nomination and Remuneration Committee of the Company periodically review the policy regarding the criteria for appointment and remuneration of Directors, including Independent Directors, Key Managerial Persons and Senior Management. The Nomination and Remuneration policy has been framed in accordance with Section 178 of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Nomination and Remuneration Committee of the Company oversees the implementation of the Nomination and Remuneration policy of the Company. The composition of the Nomination and Remuneration Committee and other relevant details are provided on the Companys website. The Nomination and Remuneration policy of the Company is available on the Companys website at www.revathi.in/wp-content/themes/rel/pdf/Nomination-Remuneration-Policy-19.pdf

STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY, EXPERTISE AND EXPERIENCE (INCLUDING THE PROFICIENCY) OF THE INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR

The Board of Directors has evaluated the Independent Directors, including those appointed/ re-appointed, and opined that their integrity, expertise, and experience (including proficiency) are satisfactory. As part of the outcome of the Performance

Evaluation exercise, it was noted that the Board is Independent, operates at a high level of Governance Standards, and is committed to creating value for all stakeholders.

BOARD DIVERSITY POLICY

The Company recognizes and embraces the importance of a diverse Board in its success. A truly diverse Board will leverage regional and industry experience, age, race and gender etc., which will differences help the Company to retain its competitive advantage. The Policy on Board Diversity has been adopted by the Company and available at the website at https://www.revathi.in/investor-relations/.

FAMILIARIZATION PROGRAMS

In compliance with the requirements of the Listing Regulations, the Company has put in place a familiarisation program for the Independent Directors to familiarise them with their roles, rights and responsibilities as Independent Directors, the working of the Company, the nature of the industry in which the Company operates, business model and so on. The Members of the Board of the Company are afforded many opportunities to familiarise themselves with the Company, its Management and its operations. The Directors are provided with all the documents to enable them to have a better understanding of the Company, its various operations and the industry in which it operates. All new independent directors inducted into the Board attend an orientation program. Further, at the time of the appointment of an independent director, the Company issues a formal letter of appointment outlining their role, function, duties and responsibilities. Independent Directors meet the business and functional heads and provide their inputs and suggestions on strategic and operational matters at the quarterly Board/Committee Meetings. Executive Directors and Senior Management provide an overview of the operations and familiarise the new Non-Executive Directors on matters related to the Companys values and commitments. They are also introduced to the organisation structure, constitution of various committees, board procedures, risk management strategies, etc. Strategic presentations are made to the board, and directors can interact with senior management. Directors are also informed of the various developments in the Company. Mr. Natarajan S Iyer (DIN: 11318891) was appointed as a Non-Executive Independent Director of the Company during the FY26 and he has participated in a structured orientation program aimed at enhancing his understanding of his duties, responsibilities, and governance obligations. The program provided insights into the organisations background, operations, and overall organisational framework, along with details on the composition and roles of various Board Committees. The session also addressed Board processes, governance practices, and the risk management framework to the Boards functioning. The supporttheDirectorsineffectively details of the familiarisation programmes imparted to independent directors are also available on the Company website at https://www.revathi.in/investor-relations/ familiarization-programme/

SELECTION AND PROCEDURE FOR NOMINATION AND APPOINTMENT OF DIRECTORS

The Nomination and Remuneration Committee is responsible for identifying persons who are qualified to become Directors and who may be appointed to senior management in accordance with the criteria laid down in the Nomination and Remuneration Policy. The Committee shall also recommend to the Board, the appointment of any new Directors/Key Managerial Personnel or removal of the existing Directors/Key Managerial Personnel. The Committee recommends to the Board as to whether to extend or continue the term of appointment of the independent directors, on the basis of the report of performance evaluation of Independent Directors. After carefully evaluating and analyzing the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company decides whether to appoint a new Director/Key Managerial Personnel or reappoint / remove an existing Director/ Key Managerial Personnel, as the case may be.

COMPANYS POLICY RELATING TO DIRECTORS APPOINTMENT, PAYMENT OF REMUNERATION AND OTHER MATTERS PROVIDED UNDER SECTION 178(3) OF THE COMPANIES ACT, 2013

The Company, pursuant to the provisions of Section 178 of the Companies Act, 2013 and in terms of Regulation 19(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has formulated a policy on Nomination and Remuneration for its Directors, Key Managerial Personnel and senior management which inter alia provides for the diversity of the Board and the mechanism for performance evaluation of the Directors. The Company has adopted the following

Policies which, inter alia, include criteria for determining qualifications, positive attributes and independence of a Director: a) Policy on Appointment of Directors and Senior Management and succession planning for orderly succession to the Board and the Senior Management; and b) Policy for remuneration of the Directors, Key Managerial Personnel and other employees. The Policy on Appointment of Directors and Senior Management and succession planning for orderly succession to the

Board and the Senior Management includes the criteria for determining qualifications,positive attributes and independence of a Director, identification of persons who are qualified to become Directors and who may be appointed in the Senior

Management Team in accordance with the criteria laid down in the said Policy, succession planning for Directors and Senior Management, and Policy statement for Talent Management framework of the Company.

The Policy for remuneration of the Directors, Key Managerial Personnel and other employees sets out the approach to Compensation of Directors, Key Managerial Personnel and other employees in the Company. The details of both the policies can be accessed on the Companys website at www.revathi.in/wp-content/themes/rel/pdf/ Nomination-Remuneration-Policy-19.pdf

BOARD MEETINGS

The Companys Board Meetings were held with requisite notice and a valid quorum. During the year under review, four (4) meetings of the Board were held. The dates, attendance records of the Directors, and other details of the meetings are given in the Report on Corporate Governance. The maximum interval between any two meetings did not exceed 120 days, as prescribed under the Act and the SEBI Listing Regulations. For details, please refer to the Report on Corporate Governance, which forms part of this Report.

COMMITTEES OF THE BOARD

The Committees of the Board focus on certain specific areas and make informed decisions in line with the delegated authority. The Board of Directors has the following Committees:

1. Audit Committee

2. Nomination and Remuneration Committee

3. Stakeholders Relationship Committee

4. Corporate Social Responsibility Committee

The Directors have devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards, and these systems are adequate and operate effectively. The Company has duly complied with the Secretarial Standards issued by the Institute of Company Secretaries of India on meetings of the Board of Directors (SS-1) and General Meeting (SS-2).

Details of composition, terms of reference and number of meetings held in FY26 for the aforementioned committees are given in the Report on Corporate Governance, which forms a part of this Report. Further, during the year under review, all recommendations made by the various committees have been considered and accepted by the Board.

AUDIT COMMITTEE

The Company has constituted an Audit Committee under Section 177 of the Companies Act, 2013 and Regulation 18 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. During the year under review, the Audit Committee was reconstituted by appointing Mr. Natarajan S Iyer (DIN: 11318891) - Non-Executive Independent Director as a Member of the Committee in place of Mr. S Sundarasamy who resigned as the Director of the Company. The Audit Committee is comprised of the following Directors, viz.

All the Members of the Committee are Independent Directors and possess strong accounting and financial management knowledge. The Company Secretary of the Company is the Secretary of the Committee. The Board has accepted the Audit Committees recommendations during the year wherever required. Hence, no disclosure is required under Section 177(8) of the Companies Act, 2013, with respect to the rejection of any recommendations of the Audit Committee by the Board. Details pertaining to composition and re-constitution of the Audit Committee are included in the Report on Corporate Governance.

CORPORATE SOCIAL RESPONSIBILITY

In accordance with Section 135 of the Companies Act, 2013, the Company has constituted a Corporate Social Responsibility Committee (CSR Committee) consisting of the following directors as members:

The Companys CSR objectives are promoting education, eradicating hunger, poverty, and malnutrition; promoting healthcare, including preventive healthcare and sanitation and making available safe drinking water; ensuring environmental sustainability; and training to promote rural sports and rural development projects. The Company has developed a CSR policy in line with the activities mentioned in Schedule VII of the Companies Act, 2013.

A brief outline of the CSR policy and the initiatives undertaken by the Company on CSR activities during the year under review are set out in Annexure II of this report in the format prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014.

The CSR Policy of the Company is available on the Companys website at the link: https://www.revathi.in/investor-relations/ governance/ For other details regarding the CSR Committee, please refer to the Corporate Governance Report, which forms part of this report.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

The details regarding loans, investments, and corporate guarantees provided by the Company have been disclosed in the notes in the financial statements. The Company has complied with provisions of Section 186 of the Companies Act, 2013 during the year under review and the Loans, Guarantees and Investments made by the Company do not exceed the limits approved by the members of the Company/ limits set under Section 186 of the Companies Act, 2013.

The particulars of loans, guarantees and investments covered under Section 186 of the Act have been disclosed in the Notes 8.5, 30, 5.1 and 8.1 to the Standalone Financial Statements forming part of this Integrated Annual Report.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

All contracts/ arrangements/ transactions entered by the Company during the financial year were in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All Related Party Transactions were placed before the Audit Committee and also before the Board for their approval. Prior omnibus approval of the Audit Committee was obtained for the transactions which were of a repetitive nature. The transactions entered pursuant to the omnibus approval so granted were reviewed, and statements giving details of all related party transactions were placed before the Audit Committee and the Board of Directors for their approval on a quarterly basis.

Transactions made by the Company with Promoters, Directors, Key Therearenomateriallysignificant

Managerial Personnel or other designated persons which may have a potential conflict with the interests of the Company at large.

During the year, the material related party transactions pursuant to the provisions of Regulation 23 of the SEBI Listing Regulations had been duly approved by the shareholders of your Company in the Annual General Meeting held on 12th September 2025 and through postal ballot on 31st March 2025.

Your Company did not enter into any related party transactions during the year under review, which could be prejudicial to the interest of minority shareholders. Pursuant to the provisions of Regulation 23 of the SEBI Listing Regulations, your

Company has filed half yearly reports to the stock exchanges, for the related party transactions.

The Company has framed a Related Party Transactions Policy. The Policy, as approved by the Board, is uploaded on the Companys website at https://www.revathi.in/investor-relations/governance/.

Particulars of contracts or arrangements with related parties are referred to in sub-section (1) of Section 188 in Form No. AOC 2 of the Companies (Accounts) Rules, 2014 is attached as Annexure III.

DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANYS OPERATION IN FUTURE the Regulators, Courts, or Tribunals that impact the going concern No significant status and future operations of your Company.

MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY

There are no materialchangesaffectingthe financial position of the Company that needs to year 2025-2026.

MATERIAL CHANGES AND COMMITMENTS AFFECTING FINANCIAL POSITION BETWEEN THE END OF THE FINANCIAL YEAR AND DATE OF THE REPORT

There are no material changes and commitments affecting the financial position of your Company which have occurred between the end of the financial year and the date of this report that

Additionally, there has been no change in the nature of your Companys business.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

As stipulated under Regulation 34, read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Management Discussion and Analysis is presented in a separate section forming part of the Annual Report.

The state of affairs of the business, along with the financial and operational developments, has been discussed in detail in the Management Discussion and Analysis Report.

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

The information pertaining to conservation of energy, technology absorption, Foreign Exchange earnings and outgo as required under section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 is furnished in Annexure IV and is attached to this report.

CREDIT RATING

The Companys financial discipline and prudence are reflected in the strong credit ratings ascribed by rating agencies for the credit facilities availed by the Company. The Company has not issued any debt instruments or has undertaken any fixed deposit programme or any scheme or proposal involving mobilization of funds, whether in India or abroad. Hence the Company was not required to obtain credit rating for any debt instrument, fixed deposit programme or any other scheme involving mobilization of funds. We would like to inform that the CARE Ratings Limited (the Credit Rating Agency), has downgraded its credit rating for the below mentioned bank facilities of the Company:

Facilities/Instruments	Amount ( crore)	Rating	Rating Action
Long-term / Short-term bank facilities	78.00 (Reduced from 101.00)	CARE BBB; Stable / CARE A3+	from CARE Downgraded BBB+; Stable / CARE A2
Short-term bank facilities	28.99 (Reduced from 43.54)	CARE A3+	Downgraded from CARE A2

The press release of the report issued by the Credit Rating Agency is available in the website of the Company at https:// revathi.in/news-and-events/.

STATUTORY AUDITORS

The Board of Directors, at its meeting held on 25th May 2023, recommended the appointment of M/s. S.S. Kothari Mehta & Co LLP (Firm Registration No. 000756N), Chartered Accountants, New Delhi, as the Statutory Auditors of the Company to fill the casual vacancy caused by the resignation of M/s B. R. Maheswari & Co LLP, Chartered Accountants. The members of the Company at the Annual General Meeting held on 02nd June 2023 approved the appointment of M/s. S.S. Kothari Mehta & Co LLP (Firm Registration No. 000756N), Chartered Accountants, New Delhi, as the Statutory Auditors of the Company for a period of 5 years.

M/s. S.S. Kothari Mehta & Co LLP (Firm Registration No. 000756N), Chartered Accountants, New Delhi, shall hold office from the conclusion of the 4th Annual General Meeting of the Company held on 02nd June 2023 for a period of 5 consecutive years till the conclusion of the Annual General Meeting to be held in the calendar year 2028.

The Company has receivedthenecessaryconsentletterandcertificatefrom M/s. S.S. Kothari Mehta & Co LLP (Firm

Registration No. 000756N), Chartered Accountants, New Delhi, to the effect that their appointment, if made, would be within the prescribed limits under Section 141(3) of the Act and that they are not disqualified from being appointed as the

Statutory Auditors of the Company.

There are no audit qualifications, reservations or adverse remarks from the Statutory Auditors during the year under review. The Notes to the financialstatements referred in the Auditors Report are self-explanatory and do not call for any further comments.

SECRETARIAL AUDITORS

Pursuant to the provisions of Section 204 of the Act, read with the rules made thereunder, the Board has appointed M/s MDS & Associates LLP (LLPIN: ABZ-8060) Peer Reviewed Firm of Company Secretaries in Practice (6468/2025), to undertake the Secretarial Audit of your Company for FY 2025-26. The Secretarial Audit Report for the year under review is provided as Annexure-VI of this report.

The Secretarial Audit Report does not contain any qualification, reservation, adverse remark or disclaimer. The observation of Secretarial Auditor is self-explanatory in nature and does not require any comments from the Board.

Further, pursuant to amended Regulation 24A of SEBI Listing Regulations, and subject to your approval being sought at the ensuing AGM scheduled on 12th September 2025, M/s MDS & Associates LLP (LLPIN: ABZ-8060; Peer Review Certificate No.: 6468/2025) has been appointed as a Secretarial Auditor to undertake the Secretarial Audit of your Company for the first term of five consecutive years from FY 2025-26 till FY 2029-30. M/s MDS & Associates LLP have confirmed that it is not disqualified to be appointed as a Secretarial Auditor and is eligible to hold office as Secretarial Auditor of your Company.

Secretarial Standards

During the year under review, your Company has complied with all the applicable provisions of Secretarial Standard-1 and Secretarial Standard-2 issued by the Institute of Company Secretaries of India.

COST AUDITORS

The provisions of Section 148(1) of the Companies Act, 2013 read with Companies (Cost Records and Audit) Rules, 2014 will be applicable to the Company for the financial year 2025-2026. Accordingly, the Company has duly made and maintained the cost records as mandated by the Central Government. The Company has appointed M/s. P. Mohankumar & Co, Cost Accountants (Firm Registration Number 100490) as Cost

Auditors of the Company to conduct the audit ofthecostrecordsoftheCompanyforthefinancialyear 2026-2027. The

Board of Directors has decided to pay a remuneration of Rs. 1,30,000 (Rupees One Lakhs Thirty Thousand only) (excluding all taxes and reimbursement of out-of-pocket expenses) to M/s. P. Mohankumar & Co, Cost Accountants (Firm Registration

Number 100490), to auditthecostrecordsoftheCompanyforthefinancialyear ending 31 st March 2027. In accordance with the provisions of Section 148 of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, the remuneration payable to the Cost Auditors, as recommended by the Audit Committee and approved by the Board of

Directors of the Company, has to be ratified by the Members of the Company. The Board recommends his remuneration.

REPORTING OF FRAUDS BY AUDITORS

During the year under review, neither the Statutory Auditors nor the Secretarial Auditor has reported to the Audit Committee, under Section 143 (12) of the Companies Act,2013,anyinstances officersor fraudcommittedagainsttheCompanybyits employees, the details of which would need to be mentioned in the Boards report.

INTERNAL FINANCIAL CONTROL AND ITS ADEQUACY

The Company has implemented and evaluated the Internal Financial Controls which provides a reasonable assurance in providing financial and operational information, complying with applicable statutes and policies, safeguarding of assets, preventing and detecting frauds, accuracy and completeness of accounting records. Internal Financial Controls are part of the Risk Management process addressing financial and financial reporting risks. They ensure the orderly and efficient conduct of business, including adherence to Company policies, safeguarding of its assets, prevention and detection of fraud, error reporting mechanisms, accuracy and completeness of the accounting records. They aid in the timely preparation of financial statements. The Internal Financial Controls have been documented, digitized, and embedded in the business process.

The Company has an effective internal control and risk mitigation system, which is reviewed and constantly updated. The effectiveness of the internal controls, including the internal financial controls, of the Company are reviewed by the Audit Committee and by the Board annually. The Directors and Management confirm that the Internal Financial Controls of the

Company are adequate and commensurate with the size and nature of the Companys business. The Board is of the opinion that the Companys internal financial controls were adequate and effective during FY 2025.

INTERNAL AUDITORS

The Company has appointed M/s Karthikeyan & Jayaram Chartered Accountants, a reputed Audit firm located at GKM

Towers, 142, Alagesan Rd, Ramalingam Colony, Saibaba Colony, Coimbatore, Tamil Nadu 641011, as the Internal Auditors of the Company for the financial year 2026-2027. The Internal Auditors review and monitor the internal financial controls and their adequacy in the course of their audit. The Company reviews the opinions and recommendations of the Internal Auditors and takes action on the same.

CEO/CFO CERTIFICATION

As required under the SEBI (Listing Obligations and Disclosure Requirements) Rules, 2015, the Chairman, Managing Director, and Chief Financial Officer have furnished the Board with the necessary certificate on the financial statements presented.

RISK MANAGEMENT

The Company has a structured risk management policy, which is continuously reviewed by the Management and by the Board of Directors of the Company. The Risk Management Policy of the Company assists the Board in: a) Safeguarding the organisation from various risks through appropriate and timely actions. b) Anticipating, evaluating and mitigating risks to minimise its impact on the business. c) Ensure that potential risks are inventoried and integrated into the management process so that they are given the necessary consideration during decision-making. d) Ensuring that all the risks that the organisation faces, such as strategic, financial, credit, market, liquidity, security, property, IT, legal, regulatory, reputational, etc, have been identified and assessed.

The Risk management process is designed to safeguard the organisation from various risks through adequate and timely actions. It is structured to anticipate, evaluate and mitigate risks to minimise its impact on the business. The potential risks are inventoried and integrated with the management process so that they receive the necessary consideration during decision-making. The Company ensures that the Audit Committee, as well as the Board of Directors, are kept duly informed about risk assessment and management procedures and status. These procedures are periodically reviewed to ensure that the executive management monitors and controls risks.

INSURANCE

Your Company has taken appropriate insurance for all assets against foreseeable perils. The Company has in place adequate insurance coverage for its assets, properties, plant and machinery, inventories and other insurable risks, commensurate with the nature and scale of its operations. The insurance policies are periodically reviewed and renewed to ensure appropriate coverage against potential risks. The Board is of the opinion that the insurance coverage maintained by the Company is adequate to safeguard its assets and business operations against unforeseen events.

CYBERSECURITY

The Company recognizes the growing threat of cyberattacks, which can compromise data security, disrupt operations, and damage the companys reputation. Cybersecurity risk arises from vulnerabilities in information technology systems and networks that may be exploited by malicious members. The Company has implemented a comprehensive cybersecurity strategy to mitigate cybersecurity risks. This strategy enables the Company to mitigate risks, enhance its defence and ensure business continuity in the face of the growing cyber threat landscape. The Company has implemented several critical programs and controls, including implementing cloud security solutions, such as policy evaluation and monitoring, with adherence to industry standards.

HUMAN RESOURCES MANAGEMENT

The employees are the most important assets of the Company. The Company is committed to hiring and retaining the best talent and being among the industrys leading employers. The Company has also taken steps to retain its talent pool, enhance the skills of existing people and recruit the most suited talent to spearhead its growth initiatives. For this, the Company focuses on promoting a collaborative, transparent, and participative organizational culture, rewarding merit, and sustaining high performance. The human resource management of the Company focuses on allowing the employees to develop their skills, grow in their careers and navigate to the next level.

As on November 21, 2025, the Government of India notified four Labour Codes effective immediately replacing the existing 29 labour laws.The new labour codes has resulted in estimated one time increase in provision for employee benefits of

INR 25 Lacs and considering the materilaity and non- recurring nature of this impact, the company has presented such incremental impact as ‘ Statutory impact of New Labour Codes under ‘Exceptional items in the statement of Profit & Loss for the year ended 31st March 2026. The Company continues to monitor the finalisation of Central and State Rules, as well as Government clarification on other aspects of the Labour Codes, and will recognise the consequential impact, if any, based on such developments.

PARTICULARS OF EMPLOYEES

Your Company had 222 (standalone basis) employees as of 31st March 2026. The Disclosure pertaining to remuneration and other details as required under Section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is annexed to the Report as Annexure V. A Statement containing Particulars of Top 10 Employees and Particulars of Employees under Section 197(12) of the Act read with Rule 5(2) and (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, forms part of this Report. The statement containing particulars of employees, as required under Section 197 of the Act, read with rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is provided in a separate annexure forming part of this report. However, in terms of Section 136 of the Act, the Integrated Annual Report is being sent to the shareholders and others entitled thereto, which is available for inspectionbytheshareholdersattheRegisteredOffice your Company during business hours on working days of your Company. If any shareholder is interested in obtaining a copy thereof, such shareholder may write to the Company Secretary at compliance.officer@revathi.in in this regard.

VIGIL MECHANISM/WHISTLE-BLOWER POLICY

The Company has a Whistle Blower Policy and has established the necessary vigil mechanism for employees, Directors and stakeholders in conformation with the provisions of Section 177(9) of the Act and Regulation 22 of SEBI Listing Regulations, to report concerns about unethical behavior. The Company has provided adequate safeguards to deal with instances of fraud and mismanagement and to report concerns about unethical behavior or any violation of the Companys code of conduct. The policy on Vigil Mechanism is available on the website of the Company at https://www.revathi.in/investor-relations/governance/

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

The Company employs women in various cadres within the Office/factory premises. The Company has in place the Sexual

Harassment of Women at Workplace (Prevention, Prohibition and Redressal) policy in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. Internal Complaints Committee (ICC) has been set up to redress any complaint regarding sexual harassment. Your Company has zero tolerance on sexual harassment at the workplace.

The following is a summary of sexual harassment complaints received and disposed of during the years 2025-2026:

No. of complaints at the beginning of the year 2025-26	NIL
No. of complaints received during the year 2025-26	1 (One)
No. of complaints disposed off during the year 2025-26	1 (One)
No. of complaints at the end of the year 2025-26	NIL

During the financial year under review, one complaint alleging sexual harassment was received by the Internal Complaints

Committee. The complaint was duly examined in accordance with the provisions of the POSH Act and the applicable Rules. The Internal Complaints Committee concluded the inquiry and submitted its report. The recommendations of the Internal Complaints Committee were accepted by the Board, and the matter stands disposed of in accordance with the provisions of the POSH Act.

COMPLIANCE OF THE PROVISIONS RELATING TO THE MATERNITY BENEFIT ACT 1961

The Company has complied with the provisions of the Maternity Benefit Act, 1961, including all applicable amendments and rules framed thereunder. The Company is committed to ensuring a safe, inclusive, and supportive workplace for women employees. All eligible women employees are provided with maternity benefits as prescribed under the Maternity Benefit

Act, 1961, including paid maternity leave, nursing breaks, and protection from dismissal during maternity leave. To foster a supportive environment for families, we have introduced initiatives such as womens travel safety policies and an extensive maternity support policy. In conformance with the regulatory norms, we also provide them with the maternity and paternity benefits.

The Company also ensures that no discrimination is made in recruitment or service conditions on the grounds of maternity. Necessary internal systems and HR policies are in place to uphold the spirit and letter of the legislation.

GENDER-WISE COMPOSITION OF EMPLOYEES

In alignment with the principles of diversity, equity, and inclusion (DEI), the Company discloses below the gender composition of its workforce as on the 31st March 2026.

Male Employees	209
Female Employees	13
Transgender Employees	0

This disclosure reinforces the Companys efforts to promote an inclusive workplace culture and equal opportunity for all individuals, regardless of gender.

DETAILS OF EMPLOYEE STOCK OPTIONS

The Company does not have any Employee Stock Option Scheme/ Plan.

PREVENTION OF INSIDER TRADING POLICY

The Company has adopted a Code of Conduct for Prevention of Insider Trading following SEBI (Prohibition of Insider Trading) Regulations, 2015, to regulate trading in securities by the Directors and designated employees of the Company post listing of Companys shares. The Board of Directors of the Company has amended the policy pursuant to SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, and the same is available on the Companys website: https://www.revathi. in/investor-relations/governance/.

The Company has also appointed an outside agency to monitor and report to the Company regarding the trading in securities by the Directors and designated employees of the Company. The Company has appointed National Securities Depository Limited (NSDL) as the designated agency for implementation of the System Driven Disclosures (SDD) mechanism in compliance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the circulars issued by SEBI from time to time. Further, the Company also implemented the mechanism for automatic freezing and unfreezing of the demat accounts of Designated Persons and their immediate relatives during the trading window closure period through

NSDL. The said mechanism has been implemented to ensure effective monitoring of trading restrictions and to strengthen the Companys compliance framework under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The Board believes that these measures enhance transparency, reinforce the Companys commitment to good corporate governance, and strengthen its framework for prevention of insider trading and protection of unpublished price sensitive information.

ENERGY & ENVIRONMENT

The Company has always been conscious of the need to conserve energy in its manufacturing plants and to protect the environment. Energy conservation is achieved through optimized consumption of power and fossil fuels and through improvements in energy productivity via Energy Conservation projects. These efforts contribute to reducing operational costs and mitigating climate change by lowering greenhouse gas emissions. The Company also reduced fresh water withdrawal through effluent recycling and rainwater harvesting.

DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016, DURING THE YEAR

No applications have been made, and no proceedings are pending against the Company under the Insolvency and Bankruptcy Code, 2016.

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

No one time settlement of loan was obtained from the Banks or Financial Institutions. The disclosure under this clause is not applicable as the Company has not undertaken any one-time settlement with the banks or financial institutions.

DIRECTORS RESPONSIBILITY STATEMENT

In accordance with the provisions of Section 134 (5) of the Companies Act, 2013, the Board of Directors affirm that: (a) The applicable accounting standards have been followed in preparing the annual accounts for the financial year ending

31st March 2026, and there are no material departures from those standards.

(b) The Directors have selected such accounting policies and have applied them consistently, making judgments and estimates that were reasonable and prudent so as to give a true and fair view of the Companys state of affairs as of 31st March 2026 and of its profit for the financial year ended on that date.

(c) The Directorshavetakenproperandsufficient care to maintain adequate accounting records in accordance with the provisions of the Companies Act to safeguard the Companys assets and prevent and detect fraud and other irregularities.

(d) The Directors have prepared the annual accounts for the financial year ended 31st March 2026 on a ‘going concern basis.

(e) The Directors have laid down internal financial controls to be followed by the Company, and such internal financial controls are adequate and operating effectively.

(f) The Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

ACKNOWLEDGMENTS

Your Directors place on record their sincere appreciation of the assistance and guidance provided by the Regulators, Stock

Exchanges, and other statutory bodies. Your Directors express their appreciation of the dedicated efforts and contributions made by the employees at all levels The Directors also place on record their appreciation of the continued support and recognition provided by the companys esteemed customers and bankers.

	By Order of the Board
	For Revathi Equipment India Limited
	ABHISHEK DALMIA
PLACE : Coimbatore	Chairman and Managing Director
DATE : 10th August 2026	DIN: 00011958