S. V. J. Enterprises Ltd Directors Report

To,

The Members

S. V. J. ENTERPRISES LIMITED

Your directors present herewith their 17th Annual Report of the Company for the year ended 31^st March, 2026 along with the Audited Financial Statement of the Company and Auditor Report for the financial year ended 31^st March, 2026.

FINANCIAL HIGHLIGHT/PERFORMANCE OF THE COMPANY:

The key highlight of the standalone Audited financial statement of the Company for the financial year ended 31^st March, 2026 in comparison with the previous financial year 31^st March, 2025 are summarized below:

Particulars	31st March, 2026	31st March, 2025
Turnover	461.44	517.20
Total Income	480.83	544.22
Profit Before Depreciation, Finance Cost and Tax	135.56	126.97
Less: Depreciation	14.76	17.21
Less: Finance Cost	21.80	14.22
Less: Current Tax	25.74	24.84
Less: Deferred Tax Asset/Liability	0.33	17.38
Net Profit for the year	99.00	95.54

The standalone financial statement for the financial year ended 31^st March, 2026 forms part of Annual Return

As per the provisions of Section 136 of the Companies Act, 2013, the Company has placed audited standalone financial statement for the financial year ended 31^st March, 2026 including audit report for the said period and all the documents required to be annexed has placed on its website www.svjenterprises.co.in.

OVERVIEW AND STATE OF AFFAIRS:

During the year under review, Company has total turnover of Rs. 461.44 lakhs as compared to Rs. 517.20 lakhs in the previous year. Your Company, during the year under review, has earned a profit of Rs.99.00 Lakhs (Rupees Ninety Nine Lakhs) as compared to Rs. 95.54 Lakhs (Rupees Ninety Five Lakh Fifty-Four Thousand). The Company is taking continuous efforts to maintain this situation and post good positive profits in coming years.

SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES:

The Company does not have any Subsidiary, Associate or Joint venture. Further during the year no company ceases to be Subsidiary or Associate or a Joint Venture hence there is no requirement to provide the financial summary of such companies or entities.

DIVIDEND AND RESERVE:

The Board of Directors does not recommend any dividend for the year under review.

There has been no transfer of any amounts into any reserves for the year ended 31^st March, 2026

SHARE CAPITAL:

During the financial year under review, there was no change in the authorised, issued, subscribed and paid-up share capital of the Company.

The Authorized Share Capital of the company is Rs.12,60,00,000/-.

Issued and Paid-Up Share Capital of the Company is Rs.5,57,10,000/-.

Listing Status

The Company is listed on BSE Limited.

BOARD, COMMITTEES AND THEIR DISCLOSURE

A) BOARD MEETINGS

The Board of Directors of the Company met at regular intervals and all directors had attended every meeting. The gap between the meetings as per the requirement of the Companies Act, 2013 and the applicable standards. During the financial year under review, the Company duly convened and held five (5) meetings of the Board of Directors on April 02, 2025, May 29, 2025, August 02, 2025, November 13, 2025 and March 10, 2026.

Attendance of each Director at the Board Meeting and the Last Annual General Meeting is given under:

Name of the Director	No of Board Meetings		Attendance of Last Annual General Meeting
	Held during Tenure	Attended
Suresh Ramchandra Jha	5	5	Yes
Zahur Alam Noor Aslam Shaikh	5	5	Yes
Saanvi Chanorahas Kargutkar	5	5	Yes
Satish Kumar Dogra	5	5	Yes

During the year under review, there is no change in the composition of Board and KMP.

Further, the term of Mrs. Saanvi Chanorahas Kargutkar has come to end on February 21, 2026 and she is proposed to be reappointed as the Managing Director of the Company for a further period of five years starting from February 22, 2026 to February 21, 2031 pursuant to section 197 of Companies Act, 2013 and other applicable provisions of Companies Act.

RETIREMENT BY ROTATION

In accordance with the provisions of Section 152 of the Companies Act 2013, Mr. Suresh Ramchandra Jha, Director of the Company, retires by rotation at the ensuing 17th Annual General Meeting and being eligible, has offered himself for reappointment. The said Director is not disqualified from being re-appointed as a Director of a Company as per the disclosure received from him pursuant to Section 164 of the Companies Act, 2013. Based on the recommendation of the Nomination and Remuneration Committee, your Board proposes and recommends the reappointment of Mr. Suresh Ramachandra Jha to the shareholders at the ensuing Annual General Meeting.

LIST OF COMMITTEES & THEIR COMPOSITIONS:

AUDIT COMMITTEE:

Name of Person	Directorship	Chairman/Member
1 Zahur Alam Noor Alam Shaikh	Independent Non- Executive Director	Chairman
2 Satish Kumar Dogra	Independent Non- Executive Director	Member
3 Saanvi Chanorahas Kargutkar	Executive Director	Member

During the financial year under review, the Board of Directors of the Company unanimously accepted all recommendations by the Audit Committee, reflecting the board commitment to the Board oversight functions

NOMINATION REMUNERATION COMMITTEE:

Name of Person	Directorship	Chairman/Member
1 Satish Kumar Dogra	Independent Non- Executive Director	Chairman
2 Zahur Alam Noor Alam Shaikh	Independent Non-Executive Director	Member
3 Suresh Jha	Executive Director	Member

The Committee has formulated a policy in compliance with the provisions of Section 178(3) of the Companies Act, 2013. The said policy is reviewed periodically and updated, as and when required. The updated policy is available on the website of the Company at www.svjenterprises.co.in

STAKEHOLDER REMUNERATION COMMITTEE:

Name of Person	Directorship	Chairman/Member
1 Zahur Alam Noor Alam Shaikh	Independent Non- Executive Director	Chairman
2 Satish Kumar Dogra	Independent Non- Executive Director	Member
3 Saanvi Chanorahas Kargutkar	Executive Director	Member

ANTI SEXUAL HARASSMENT COMMITTEE:

Name of Person	Directorship	Chairman/Member
1 Saanvi Chanorahas Kargutkar	Executive Director	Chairman
2 Satish Kumar Dogra	Independent Non- Executive Director	Member
3 Zahur Alam Noor Alam Shaikh	Independent Non- Executive Director	Member

ANNUAL EVALUATION PERFORMANCE

The provisions of the Annual Evaluation of the Performance is not applicable to the Board of Directors of the Company. However, your Directors have been dedicatedly taking appropriate steps for the betterment of the Company.

PARTICULARS OF EMPLOYEES

The information required under Section 197 of the Act read with rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below:

a) The Board affirms that the remuneration paid is as per the Remuneration Policy of the Company.

b) The percentage increase in the median remuneration of employees in the Financial Year is - Nil.

c) Average percentile increase already made in the salaries of employees other than the managerial personnel in the last Financial Year and its comparison with the percentile increase in the managerial remuneration and justification thereof and point out if there are any exceptional circumstances for increase in managerial remuneration: Average percentile increase already made in the salaries of employees other than the managerial personnel in the last Financial Year is Nil and the percentile increase in the managerial remuneration is Nil

d) Number of permanent employees on the rolls of the Company as on March 31, 2026 is Nil.

e) The ratio of the remuneration paid to each Director to the median remuneration of the employees of the Company during the Financial Year ended March 31, 2026:

Name of Director	Remuneration	Median Remuneration of the employees	Ratio
Suresh Jha	Rs. 5,50,000	2	2
Saanvi Chanorahas Kargutkar	Rs. 5,50,000	2	2

f) The percentage increase in remuneration of director for the year ended March 31, 2026 is NIL;

g) The percentage increase in Chief Financial Officer, Chief Executive Officer for the financial year ended March 31, 2026 is NIL;

f) The percentage increase in Company Secretary or manager for the financial year ended March 31, 2026 is NIL;

d) The ratio of remuneration of each director to the median remuneration of the employees of the company for financial year March 31, 2026 is 2;

e) There has been no remuneration or sitting fees paid to the Directors during the year under review.

There has been no employee in the company who has been drawing salary of Rs.8.50 lacs per month or Rs.102 Lacs per annum and the disclosure of the details of such employees is not applicable during the year. Hence, disclosures required under Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 have not been required to disclosed, during the year under review.

The Company does not have any scheme or provision of money for the purchase of or subscription to its own shares by the employees/ directors or by trustees for the benefit of the employees/ directors.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134 (3) (c) and 134 (5) of the Companies Act, 2013, the Board of Directors, to the best of their knowledge and ability, confirm that:

(i) In the preparation of the annual accounts, the applicable accounting standards had been followed and that there were no material departures;

(ii) The directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent, so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit of the Company for the period;

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

(iv) The directors have prepared the annual accounts on a going concern basis;

(v) 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.

RISK MANAGEMENT POLICY

The Company in order to comply with the provisions of the Act and to provide an effective mechanism for implementing risk management system had adopted the policy on risk management for evaluating and monitoring various risks that could threaten the existence of the Company. The Company had not faced any major risks and no major deviations from the actuals as attained by the Company. The Audit Committee has reviewed the policy periodically. The Board takes overall responsibility for the overall process of risk management in the organisation.

The Board shall take note of any future threats and shall report to the Company for formulating an effective mechanism and strategy. The risk management policy is available on the website of the Company at www.svjenterprises.co.in.

CORPORATE SOCIAL RESPONSIBILITY

Provisions of Section 135 of the Act and the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time, are not applicable to your Company as the Company does not fall under any of the criteria specified therein. Hence the Company not required to developed and implement policy on Corporate Social Responsibility.

LOAN AND OTHER TRANSACTIONS

Loans, Guarantees and Investment

The Company has not given any loans or provided any securities or guarantees to any persons within the meaning of Section 186 of the Companies Act, 2013.

Loans and Deposit

During the year under review, the Company has not raised any fund by way of Deposit from the public. However, Company has received the unsecured Loans from its Directors. The details of which has been mentioned in the Financials of the Company.

TRANSACTION WITH RELATED PARTIES

During the year, Company has not entered into contracts/arrangements/transaction with related party referred to in sub-section (1) of section 188 of the Companies Act, 2013 read with Rule 8(2) of the Companies (Accounts) Rules, 2014.

EXTRACT OF ANNUAL RETURN

The Extract of the Annual Return contain in the particulars as they stood on the close of financial year pursuant to the section 92 of Companies Act, 2013 is placed on the website at www.svjenterprises.co.in

MATERIAL CHANGES OR COMMITMENTS

There has been no instance of material changes or commitment from the year end to the date of this report which shall have any impact on the financial position of the Company.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION AND RESEARCH & DEVELOPMENT

The information relating to energy conservation, technology absorption and research & development pursuant to Section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 is as follows:

A. Conservation of Energy-

i. Adequate measures have been taken to conserve the energy utilized.

ii. The Company continues to utilize Electricity as source of energy and has not utilized any alternate sources of energy during the year.

iii. There has been no capital investment on energy conservation equipment.

B. Technology absorption: -

i. Every effort is made by the Company to update the technological skills of its technical staff in order to ensure that they possess adequate skills.

ii. There has been improvement in the overall Companys result and the Cash Flow with the existing technology.

iii. During the year, there has been no expense towards the import of any technology into the Company and hence there was no capital investment.

iv. There was no expenditure incurred on Research and Development during the year.

C. Foreign exchange earnings and Outgo during the year were Nil.

NATURE OF THE BUSINESS ACTIVITY

During the year under review there has been no change in the nature of the business activity of the Company.

ORDERS PASSED BY REGULATORS OR TRIBUNALS

During the year under review, there has been no order passed by any regulators or tribunals in the favour of or against the Company.

INTERNAL FINANCIAL CONTROL

The Company has in place a robust internal financial control system, commensurate with the size of its operations and nature of its business activities. The Company has a standard operating procedure for various activities and operations and follows this standard rating procedure for its internal control procedures. The Internal Auditor monitors and evaluates the efficacy and adequacy of internal financial control system in the company, its compliance with operating systems, accounting procedures, application of the instructions and policies fixed by the senior management at all locations of the Company. The Audit Committee reviews the report on Internal Control submitted by the Internal Auditors on a quarterly basis. Based on the assessment carried out by the Audit Committee, the internal financial controls were adequate and effective and no reportable material weakness or significant deficiencies in the design or operation of internal financial controls were observed during the Financial Year ended 31^st March, 2026.

MANAGEMENT DISCUSSION ANALYSIS:

The Board has presented a separate and detailed report on Management Discussion & Analysis in this Annual Report as "Annexure I".

ANTI-SEXUAL HARASSMENT POLICY

The Company has duly constituted Internal Complaints Committee in accordance with the provisions relating to the Sexual Harassment of Women (Prevention, Prohibition and Redressal) Act, 2013. The Company has framed the policy for safeguards of women in their workplace subject to periodical review.

The details as to complain received, resolved, and pending as on 31^st March, 2026 are as under:

(a) Number of complaints of sexual harassment received in the year - NIL

(b) Number of complaints disposed off during the year - NIL; and

(c) Number of cases pending for more than ninety days - NIL

AUDITORS AND THEIR REPORT

Statutory Auditors

During the year under review, the Company received a resignation letter dated 29th May, 2025 from M/s. PSV & Co., Chartered Accountants (Firm Registration No. 131505W), resigning as the Statutory Auditors of the Company with immediate effect.

Consequent to the resignation and in accordance with the provisions of the Companies Act, 2013, M/s. Bhasin Hota & Co., Chartered Accountants, were appointed by the Board of Directors at its meeting held on 29^th May, 2025 as the Statutory Auditors of the Company to fill the casual vacancy caused by the resignation of the previous auditors. They held office until the conclusion of the 16^th Annual General Meeting.

M/s. Bhasin Hota & Co., Chartered Accountants,(FRN: 509935E) were appointed as the Statutory Auditors of the Company at the 16^th Annual General Meeting to hold office from the conclusion of the said Annual General Meeting for a term of five consecutive years, until the conclusion of the Annual General Meeting to be held in the year 2030, subject to the provisions of the Companies Act, 2013 and the rules made thereunder.

Secretarial Auditors Appointment

Pursuant to the provisions of Section 204 of the Act and Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, M/s. S. K. Dwivedi & Associates., Practicing Company Secretary, have been appointed as the Secretarial Auditors to conduct the Secretarial Audit of the Company for a period of Five Financial Year commencing from the Financial Year 2025-26 up to Financial Year 2029-30.

The Report of the Secretarial Audit in Form MR-3 for the Financial Year ended 31^st March, 2026, is annexed herewith as "Annexure - II" and forms part of this report.

Further there has been no case of any fraud detected by the Auditors that needs to be reported to the Board of Directors and Central Government.

EXPLANATIONS OR COMMENTS BY THE BOARD ON EVERY QUALIFICATION, RESERVATION OR ADVERSE REMARK OR DISCLAIMER MADE:

A] By the Statutory Auditor in his report:

The Auditors Report does not contain any qualification/ observation/ disclaimer/adverse remarks for the financial year ended 31.03.2026. Accordingly, no explanation or comments of the Board are required under Section 134(3)(f) of the Companies Act, 2013.

B] By the Secretarial Auditor in his report:

The observation made in the Auditors Report and the reply by the management is as follows: Auditors Remark 1-

Ms. Kshipra Bansal has resigned from the post of Company Secretary of the Company with effect from 13/04/2024, however her name still appears in the Master Data of the Company on

MCA V3 Portal ie. Form DIR-12 for resignation of Kshipra Bansal as Company Secretary of the Company has not been filed with Registrar of Companies within due time.

Managements Reply -

We are in process for filing of the form and the same shall be completed soon.

Auditors Remark 2-

The Company has not placed a copy of the 15th Annual Return on the website of the company. Managements Reply -

The Company shall place the Annual Return on the website of the company and ensure to be compliant about the same.

Auditors Remark 3-

The Company is listed on BSE SME Platform however, the CIN of the Company is not updated and reflects as Unlisted.

Managements Reply -

We are in process for changing the same.

FRAUD REPORTING:

During the year under review, the Statutory Auditor and Secretarial Auditor have not reported any instances of frauds committed in the Company by its officers or employees to the Audit Committee under Section 143 (12) of the Companies Act, 2013 details of which need to be mentioned in this Report.

DECLARATION BY INDEPENDENT DIRECTORS AND STATEMENT ON COMPLIANCE OF CODE CONDUCT:

The company has been received declaration from all the Independent director pursuant to the section of the Companies Act, 2013 read with SEBI (Listing Obligations and Disclosure Requirements), (Amendment) Regulations, 2018 and do not suffer from any disqualifications specified under the applicable provisions and Regulations. Such declarations include the confirmation to the effect that the Independent Directors have included their names in the Database maintained by the Indian Institute of Corporate Affairs and they have paid the necessary fees for the said registration and shall renew the registration timely.

The Independent Directors have complied with the Code for Independent Directors prescribed in Schedule IV to the Act.

STATEMENT REGARDING THE OPINION OF THE BOARD WITH REGARD TO THE INDEPENDENT DIRECTOR:

During the financial year under review, The Board of Directors has evaluated the Independent Directors and is of the opinion that the integrity, expertise, and experience (including proficiency) of these Independent Directors are satisfactory.

DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (31 OF 2016) DURING THE PERIOD UNDER REVIEW ALONGWITH THEIR STATUS AS AT THE END OF THE PERIOD:

No applications were made or any proceedings are pending by or against the Company under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) during the period under review or as at the end of the period.

DISCLOSURE REGARDING EXERCISE OF VOTING RIGHTS BY EMPLOYEES UNDER SECTION 67(3)(c) OF ACT:

Disclosure under Section 67(3)(c) of the Act read with Rule 16(4) of Companies (Share Capital and Debentures) Rules, 2014, with respect to voting rights not exercised directly by the employees of the Company is not required to be given.

MAINTENANCE OF COST RECORD

In terms with the provisions of Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Rules 2014, Maintenance of Cost Records and appointment of Cost Auditor are not applicable on your Company.

DIFFERENCE IN VALUATION

The Company has never made any one-time settlement against the loans obtained from Banks and Financial Institution during the financial year and hence this clause is not applicable.

MATERNITY BENEFITS ACT, 1961

The core objective of Maternity Benefit Act to protect the employment of women during the during pregnancy and childbirth, providing them with paid, protected leave. It aims to ensure a safe, healthy environment for both mother and child without fear of losing their income or job, while promoting social justice and economic participation. The Maternity Benefits Act, 1961 applicable on your company. During the year under review, company has been complied with the provisions of maternity benefits act, 1691.

COMPLIANCE WITH SECRETARIAL STANDARDS:

The company is in compliance of applicable Secretarial Standards and other Secretarial Standards voluntarily adopted by the company.

CODE FOR PREVENTION OF INSIDER TRADING

Your Company has adopted a Code of Conduct to regulate, monitor and report trading by designated persons and their immediate relatives as per the requirements under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. This Code of Conduct also includes code for practices and procedures for fair disclosure of unpublished price sensitive information which has been made available on the Companys website and can be accessed at www.svjenterprises.co.in

ACKNOWLEDGMENT

Your directors would like to thank the members of the Company, the stakeholders including the State Government, Central Government and the employees of the Company for their continued support and trust in the Company.