S.V. Trading & Agencies Ltd Directors Report

Dear Members,

The Board of Directors are pleased to present 45^th Annual Report on the business and operations of the Company along with the audited financial statements, for the financial year ended March 31, 2025 in compliance with the applicable provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) 2015.

1. FINANCIAL SUMMARY AND HIGHLIGHTS:

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

Particulars	Year ended March 31, 2025	Year ended March 31, 2024
Revenue from operations	-	-
Other Income	124.74	121.38
Total Income (Revenue)	124.74	121.38
Profit/(Loss) before taxation	105.64	87.21
Less: Tax Expense (Current & Earlier)	13.59	13.35
Profit/(Loss) after tax	92.05	73.86

2. CORPORATE OVERVIEW AND THE STATE OF THE COMPANYS AFFAIRS:

The Company is presently engaged in business of general trading and investment. During the financial year ended on March 31, 2025, the Company has earned a gross revenue of Rs. 124.74 lakh as compared to Rs. 121.38 lakh in the previous year. The profit before tax stood at Rs. 105.64 lakh during the financial year ended on March 31, 2025 as against profit of Rs. 87.21 lakh in the previous year.

The net profit for the year 2025 stood at Rs. 92.05 lakh against profit of Rs. 73.86 lakh reported in the previous year. At present your Company is doing its existing line business to the optimum use of its resources and is taking the effort to improve its Earning per Share (EPS).

3. AMOUNT TRANSFER TO RESERVE:

The Board of Directors of your company, has decided not to transfer any amount to the Reserves for the year under review.

4. DIVIDEND:

The Board of Directors of your company, after considering holistically the relevant circumstances and keeping in view financial position of the Company, has decided that it would be prudent, not to recommend any Dividend for the year under review.

5. CHANGES IN THE NATURE OF BUSINESS:

There is no change in nature of the business of the Company during the year under review.

6. SHARE CAPITAL:

The authorized share capital of the Company is Rs. 18,50,00,000 (Rupees Eighteen crores fifty Lakhs only) comprising of 18,10,00,00 equity shares of face value of Rs. 10/- each and 4,00,000 unclassified shares of face value of Rs. 10/- each.

The paid-up equity share capital as on March 31, 2025 stood at Rs. 17,10,00,000 (Rupees Seventeen Crore Ten Lac only) comprising of 17,10,00,00 equity shares of face value of Rs. 10/- each

There was no change in the share capital of the Company during the financial year ended on March 31, 2025.

During the year under review, the Company has not issued shares with differential voting rights nor has granted any stock options or sweat equity. As on March 31, 2025, none of the Directors of the Company hold instruments convertible into equity shares of the Company. a) Buy Back of Securities:

The Company has not bought back any of its securities during the year under review.

b) Sweat Equity:

The Company has not issued any Sweat Equity Shares during the year under review.

c) Bonus Shares:

No Bonus Shares were issued during the year under review.

d) Employees Stock Option Plan:

The Company has not provided any Stock Option Scheme to the employees.

e) Issue of debentures, bonds or any non-convertible securities:

The Company has not issued debentures, bonds or any non-convertible securities during the year under review.

f) Issue of warrants:

The Company has not issued warrants during the year under review.

7. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES

As on March 31, 2025, the Company has no Subsidiary or Associates or Joint Venture Company. There was no company which have become or ceased to be the Subsidiary or Associates or Joint Venture of the Company during the financial year ended on March 31, 2025.

8. CORPORATE GOVERNANCE

The Company is committed to maintain the highest standards of Corporate Governance and adheres to the Corporate Governance requirements as stipulated by the Securities and Exchange Board of India (‘the SEBI).

The report on Corporate Governance as prescribed in the SEBI Listing Regulations forms an integral part of this Annual Report.

The requisite certificate from G R A M and Associates LLP, Chartered Accountants, confirming compliance with the provisions of Corporate Governance along with a declaration signed by CFO of the Company, stating that the Members of the Board of Directors and Senior Management have affirmed the compliance with code of conduct of the Board of Directors and Senior Management, are attached to the report on Corporate Governance.

9. ANNUAL RETURN

The Annual Return of the Company as on March 31, 2025 as provided under section 92(3) of the Companies Act, 2013 and as prescribed in Form No. MGT-7 of the Companies (Management and Administration Rules) 2014 is available on the Companys website and can be accessed at www.svtrading.in under Investor relations tab.

10. DETAIL OF DIRECTORS AND KEY MANAGERIAL PERSONNEL, WHO WERE APPOINTED AND RESIGNED DURING

THE YEAR:

During the year under review and till the date of this report, based on the recommendation of Nomination and Remuneration Committee, to the extent required, there were following changes in composition of Board of Directors and Key Managerial Personnel of the Company:

a. Mr. Arpit Lodha was appointed as Company Secretary & Compliance Officer of the Company with effect from April 01,

2024 and has tendered his resignation from the position of Company Secretary & Compliance Officer of the Company with effect from April 24, 2025. b. Mr. Chirag Ghadoliya (DIN: 08019125) appointed as an Additional Director in the capacity of (Non- Executive and

Independent Director) Director of the Company with effect from May 30, 2024. The Shareholders of the Company had approved the said appointment at their 44^th Annual General Meeting.

c. Mr. Varun Kumar Choubisa (DIN: 07412698) appointed as an Additional Director in the capacity of (Non- Executive and

Independent Director) Director of the Company with effect from May 30, 2024, The Shareholders of the Company had approved the said appointment at their 44th Annual General Meeting

d. Mr. Yashawant Kumar Choubisa (DIN: 07412700) appointed as an Additional Director in the capacity of (Non- Executive and Independent Director) Director of the Company with effect from May 30, 2024. The Shareholders of the Company had approved the said appointment at their 44^th Annual General Meeting

e. Mr. Jitendra Kavdia (DIN: 09597535) Non- Executive - Independent Director of the Company resigned from the

Directorship of the Company w.e.f. May 30, 2024.

f. Mr. Manoharbhai Premshankarji Joshi (DIN: 02208711) Executive Director of the Company resigned from the

Directorship of the Company w.e.f. May 30, 2024

g. Mr. Kulbir Singh Pasricha (DIN: 06767577) Non- Executive - Independent Director of the Company resigned from the

Directorship of the Company w.e.f. May 30, 2024.

h. Ms. Rekha Panwar (DIN: 10063180) Non- Executive - Independent Director of the Company resigned from the

Directorship of the Company w.e.f. May 30, 2024.

i. Mr. Kapil Paliwal (DIN: 09841586) was appointed as an Additional Director in the capacity of (Non- Executive and

Independent Director) Director of the Company with effect from July 21, 2025.

j. Mrs. Urvashi Tilkesh Sharma (DIN: 11146979) was appointed as an Additional Director in the capacity of Executive

Director and designated as Executive Director & CFO of the Company with effect from July 21, 2025.

k. Mr. Chirag Ghadoliya (DIN: 08019125) Non- Executive - Independent Director of the Company resigned from the

Directorship of the Company w.e.f. July 21, 2025. l. Mrs. Neelu Kumawat (DIN: 10061282) Executive Director & CFO has resigned from the Company w.e.f. July 21, 2025. m. Ms. Isheeta Sharma was appointment as Company Secretary & Compliance Officer with effect from July 21, 2025

Independent Director who has resigned during the year has confirmed that there are no reasons for their resignation other than those provided in resignation letter. The Board places on record its sincere appreciation for their contributions and extends gratitude for their invaluable service as an Independent Director on the Board.

Mr. Kapil Paliwal (DIN: 09841586) and Mrs. Urvashi Tilkesh Sharma (DIN: 11146979) shall hold office as Additional Director upto the date of this AGM and is eligible for appointment. Further, the appointment of Mr. Kapil Paliwal and Mrs. Urvashi Tilkesh Sharma is subject to approval of the Shareholders at the ensuing Annual General Meeting.

Mr. Gopal Lal Paliwal, was reappointed as Managing Director of the Company w.e.f. August 01, 2025 to July 31, 2028 subject to approval of the Shareholders in the ensuing Annual General Meeting of the Company. Accordingly the approval of members is being sought in the ensuing Annual General Meeting. Members may refer to the Special Business Item No. 5 to the accompanying notice for more details.

Brief resume of directors seeking appointment / re-appointment along with other details as stipulated under Secretarial Standard 2 and Regulation 36 of the Securities and Exchange Board of India (Listing Obligations and Disclosure

Requirements) Regulations, 2015 ("Listing Regulations") is separately disclosed in the Notice and form an integral part of this report.

Further, details of Key Managerial Personnel are as under:

Mr. Gopal Lal Paliwal	: Managing Director
Mrs. Urvashi Tilkesh Sharma	: Chief Financial Officer
Ms. Isheeta Sharma	: Company Secretary & Compliance Officer

11. DECLARATION BY INDEPENDENT DIRECTORS:

Pursuant to the provisions of Section 149 (6) of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Independent Directors of Company have given confirmation/ declaration to the Board that they meet with the criteria of Independence and are Independent in terms of Section 149 (6) of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

They have further confirmed that they are not aware of any circumstances or situations which exist or may be reasonably anticipated that could impair or impact their ability to discharge their duties and that they are independent of the management.

The Independent Directors have complied with the Code for Independent Directors prescribed in schedule IV to the

Companies Act, 2013 and also they have registered themselves with the Independent Directors Database maintained by the

Indian Institute of Corporate Affairs. Further, the Board has taken on record the said declarations after undertaking due assessment of the veracity of the same.

12. MEETINGS

The Board meets at regular intervals to discuss and decide on Company / business policy and strategy apart from other Board business. The Board / Committee Meetings are pre-scheduled and a tentative annual calendar of the Board and Committee Meetings is circulated to the Directors in advance to facilitate them to plan their schedule and to ensure meaningful participation in the Meetings. The Board of Directors of your Company met 06 (Six) times during the financial year 2024-25. The details of these Meetings are provided in the Corporate Governance Section of the Annual Report. The maximum time gap between any two consecutive Meetings did not exceed one hundred and twenty days.

13. BOARD COMMITTEES:

The Board had constituted/re-constituted various Committees in compliance with the provisions of the Act and the SEBI Listing Regulations viz. Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee.

All decisions pertaining to the constitution of Committees, appointment of Members and fixing of terms of reference/role of the Committees are taken by the Board

The details of the role and composition of these Committees, including the number of Meetings held during the financial year and attendance at these Meetings are provided in the Corporate Governance Section of the Annual Report.

14. PERFORMANCE EVALUATION:

Pursuant to the applicable provisions of the Act and the SEBI Listing Regulations, the Board has carried out an Annual Evaluation of its own performance, performance of the Independent Directors and the working of its committees based on the evaluation criteria specified by Nomination and Remuneration Committee for performance evaluation process of the Board, its Committees and Directors.

The Boards functioning was evaluated on various aspects, including, inter-alia, the structure of the Board, Meetings of the

Board, functions of the Board, degree of fulfilment of key responsibilities, establishment, and delineation of responsibilities to various Committees and effectiveness of Board processes, information and functioning.

The Committees of the Board were assessed on the degree of fulfilment of key responsibilities, adequacy of Committee composition and effectiveness of Meetings. The Directors were evaluated on aspects such as attendance, contribution at Board/ Committee Meetings and guidance/support to the management outside Board/Committee Meetings.

As mentioned earlier, the performance assessment of Non-Independent Directors, Board as a whole and the Chairman were evaluated in a separate Meeting of Independent Directors. The same was also discussed in the Board Meeting. Performance evaluation of Independent Directors was done by the entire Board, excluding the Independent Director being evaluated.

15. CRITERIA FOR SELECTION OF CANDIDATES FOR APPOINTMENT AS DIRECTORS, KEY MANAGERIAL

PERSONNEL AND SENIOR MANAGEMENT PERSONNEL:

The Nomination and Remuneration Committee has laid down well-defined criteria, in the Nomination and Remuneration Policy, for selection of candidates for appointment as Directors, Key Managerial Personnel and Senior Management Personnel.

The said Policy is available on the Companys website and can be accessed by weblink www.svtrading.in

16. FAMILIARIZATION PROGRAM OF INDEPENDENT DIRECTORS:

In compliance with the requirements of the SEBI Listing Regulations, the Company has put in place a familiarization program for Independent Directors to familiarize them with their role, rights and responsibility as Directors, the operations of the Company, business overview etc.

The details of the familiarization program are explained in the Corporate Governance Report and the same is also available on the website of the Company and can be accessed by weblink www.svtrading.in

17. INDEPENDENT DIRECTORS MEETING:

In terms of Schedule IV of the Act and Regulation 25 of the SEBI Listing Regulations, Independent Directors of the Company are required to hold at least one meeting in a financial year without the attendance of Non-Independent Directors and Members of the Management.

Independent Directors of the Company had a separate meeting on February 04, 2025, without the attendance of Non-Independent Directors and members of the management, following matters were, inter alia, discussed in the meeting:

Review and Evaluation of performance of Non-Independent Directors and the Board of Directors of the Company as a whole.

Review and Evaluation of performance of the Chairman of the Company, taking into views of Executive and Non-Executive Directors; and

Assess the quality, quantity and timeliness of the flow of the information between the Company management and the board that is necessary for the board to effectively and reasonably perform the duties.

18. A 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 Company has received declaration from the Independent Directors that they meet the criteria of independence as prescribed under Section 149 of the Act and Regulation 16 (1) (b) read with Regulation 25(8) of the SEBI Listing Regulations. In the opinion of the Board, they fulfil the condition for appointment/re-appointment as Independent Directors on the Board and possess the attributes of integrity, expertise and experience as required to be disclosed under Rule 8(5) (iii) of the Companies (Accounts) Rules, 2014.

19. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS BY COMPANY:

Details of loans, guarantees and investments, if any, covered under the provisions of Section 186 of the Companies Act, 2013 form part of the notes to Financial Statements provided in this Annual Report.

20. WHISTLE BLOWER POLICY/VIGIL MECHANISM:

The Company has adopted a Whistle Blower Policy to provide a formal mechanism to the Directors and employees to report their concerns about unethical behaviour, actual or suspected fraud or violation of the Companys Code of Conduct or Ethics

Policy. The Policy provides for adequate safeguards against victimization of employees who avail of the mechanism and provides for direct access to the Chairman of the Audit Committee. The said Policy is available on the Company website and can be accessed by weblink www.svtrading.in

Audit Committee of your Company oversee the vigil mechanism, further during the year under review, no whistle blower event was reported and mechanism is functioning well further no personnel have been denied access to the Audit Committee.

21. REMUNERATION POLICY FOR DIRECTORS, KEY MANAGERIAL PERSONNEL AND SENIOR MANAGEMENT

EMPLOYEES:

The Nomination and Remuneration Committee has laid down the framework for remuneration of Directors, Key Managerial Personnel and Senior Management Personnel in the Nomination and Remuneration Policy recommended by it and approved by the Board of Directors. The Policy, inter-alia, defines Key Managerial Personnel and Senior Management Personnel of the Company and prescribes the role of the Nomination and Remuneration Committee. The Policy lays down the criteria for identification, appointment and retirement of Directors and Senior Management. The Policy broadly lays down the framework in relation to remuneration of Directors, Key Managerial Personnel and Senior Management Personnel. The Policy also provides for the criteria for determining qualifications, positive attributes and independence of Director and lays down the framework on Board diversity.

The said Policy is available on the Companys website and can be accessed by web-link www.svtrading.in

22. PARTICULARS OF CONTRACTS OR ARRANGEMENT WITH RELATED PARTIES:

All the transactions / contracts / arrangements of the nature as specified in Section 188(1) of the Companies Act, 2013 entered by the Company during the year under review with related party(ies) are in the ordinary course of business and on arms length basis.

In view of the above, the requirement of giving particulars of contracts / arrangements / transactions made with related parties, in Form AOC-2 are not applicable for the year under review. Transactions with Related Parties are disclosed in the notes to accounts annexed to the financial statements.

The Company has developed a related party transactions framework through standard operating procedures for the purpose of identification and monitoring of transactions with the related parties. The policy on related party transactions as approved by the Board of Directors has been uploaded on the website of the Company. None of the Directors has any pecuniary relationship or transactions vis-a-vis the Company.

23. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS ORCOURTS

There are no significant and material orders passed by the Regulators/Courts/ Tribunals that would impact the going concern status of the Company and its future operations.

24. MATERIAL CHANGES AND COMMITMENT IF ANY, AFFECTING FINANCIAL POSITION OF THE COMPANY FROM THE

END OF FINANCIAL YEAR TILL THE DATE OF THE REPORT

There have been no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year to which the Financial Statements relate and the date of this Report.

25. DIRECTORS RESPONSIBILITY STATEMENT

To the best of knowledge and belief and according to the information and explanations obtained, your Directors make the following statement in terms of Section 134 (3) (c) of the Companies Act, 2013.

Your Directors confirm that: i. In the preparation of the Annual Accounts for the year ended March 31, 2025, the applicable accounting standards have been followed along with proper explanation relating to departures, if any; ii. appropriate accounting policies have been selected and applied consistently and such judgments and estimates have been made 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 the year ended on that date; iii. proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; iv. the annual accounts have been prepared on a "going concern "basis; v. proper internal financial controls are laid down and such internal financial controls are adequate and operating effectively; vi. Proper systems to ensure compliance with the provisions of all applicable laws have been devised and such systems were adequate and operating effectively.

26. AUDITORS:

STATUTORY AUDITOR:

Pursuant to the provisions of Section 139 of the Companies Act, 2013 and Companies (Audit and Auditors) Rules, 2014, The Members of the Company at their 44^th Annual General Meeting of the Company held on August 28, 2024 approved the appointment of M/s. G R A M and Associates LLP, (FRN: 008850C), as the Statutory Auditor for a period of five years from the conclusion of 44^th Annual General Meeting till the conclusion of 49^th Annual General Meeting. The Report given by M/s. G R A M and Associates LLP, (FRN: 008850C), on the financial statement of the Company for the financial year 2024-25 is forming part of the Annual Report.

SECRETARIAL AUDITOR:

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and rules made there under, the Company has appointed R M Mimani & Associates LLP, a firm of Company Secretaries in practice to undertake the Secretarial Audit of the Company for the Financial Year 2024-25, for auditing the secretarial and related records of the Company. The Secretarial Audit Report is annexed herewith as Annexure - 1 and forms an integral part of this report.

Pursuant to provisions of Regulations 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) 2015 and the provisions of Section 204 and other applicable provisions, if any, of the Companies Act, 2013 and Rules framed thereunder, Your directors, based on the recommendation of the Audit Committee propose to appoint Mr. Dhirendraa Radheyshyam Maurya, Proprietor of M/s. D Maurya and Associates, Practicing Company Secretary (C.P. No.: 9594, Peer Review Certificate No. 2544/2022) as Secretarial Auditor of the Company to conduct secretarial audit of the Company for a term of five (05) consecutive years with effect from April 01, 2025 until March 31, 2030.

Further, the Auditor have confirmed that he is peer reviewed company secretary and hold a valid certificate of peer review issued by the Institute of Company Secretaries of India. They have also confirmed that they are not disqualified and are eligible for the said appointment.

The proposal for the appointment of the Secretarial Auditor is included as a resolution no. 06 in the Notice convening the ensuing Annual General Meeting and forms an integral part of the said Notice for the consideration and approval of the members.

INTERNAL AUDITOR:

During the year under review, on the basis of recommendation of the Audit Committee the Mr. Niranjan Navratanmal Jain, Proprietor of M/s. Niranjan Jain & Co., Practicing Chartered Accountant, Ahmedabad, Gujarat (M. No.: 047811) (FRN: 1 13913W) was appointed as an Internal Auditor of the Company to carry out the internal audit of the Company for the Financial year 2024-2025. Further, on completion of their term, the Board of Directors based on the recommendation of the Audit Committee appointed Mr. Ronak Ranka, Proprietor of M/s. Ronak Ranka & Associates., Practicing Chartered Accountants, (M.No.:459350) (FRN:037209C) as an Internal Auditor of the Company for the Financial Year 2025-2026.

COST AUDITOR:

No Cost Auditor was appointed during the financial year as there is no statutory requirement imposed for mandatorily according to the size and nature of the business.

27. EXPLANATION OR COMMENTS ON QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS OR DISCLAIMERS

MADE BY THE AUDITORS AND THE PRACTICING COMPANY SECRETARY IN THEIR REPORTS:

The Auditors Report does not contain any qualification, reservation or adverse remark. The Report is enclosed with the financial statements in this Annual Report. The Secretarial Auditors Report does not contain any qualification, reservation or adverse remark. The Secretarial Auditors Report is enclosed as Annexure-1 to the Boards report in this Annual Report.

28. DETAILS OF FRAUD REPORT BY AUDITOR:

During the financial year 2024-25, the Auditors has not reported any matter under Section 143 (12) of the Companies Act, 2013, therefore no detail is required to be disclosed under Section 134 (3) (ca) of the Act

29. COST RECORDS:

The provision of Cost audit as per section 148 the Companies Act, 2013 doesnt applicable on the Company.

30. COMPLIANCE WITH SECRETARIAL STANDARD:

During the year under review, in terms of Section 118(10) of the Companies Act, 2013, the Company has complied with the provisions of the applicable Secretarial Standards issued by Institute of Companies Secretaries of India. The Directors have devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards and that such systems are adequate and operating effectively.

31. TRANSFER OF UNCLAIMED DIVIDEND AND EQUITY SHARES TO INVESTOR EDUCATION AND PROTECTION FUND

(IEPF)

Pursuant to Section 124 of the Act read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund Rules), 2016 (‘the IEPF Rules), during the year under review, no amount of Unclaimed dividend and corresponding equity shares were due to be transferred to IEPF account

32. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has an adequate system of internal control to ensure that the resources are used efficiently and effectively so that: assets are safeguarded and protected against loss from unauthorized use or disposition. all significant transactions are authorized, recorded and reported correctly. financial and other data are reliable for preparing financial information. other data are appropriate for maintaining accountability of assets.

The internal control is supplemented by an extensive internal audits programme, review by management along with documented policies, guidelines and procedures.

As per Section 138 of the Companies Act, 2013, the Company has appointed Niranjan Jain & Co., Practicing Chartered Accountant., Chartered Accountants., as an internal auditor for the year 2024-25 to conduct the internal audit and to ensure adequacy of the Internal controls, adherence to Companys policies and ensure statutory and other compliance through periodical checks and internal audit

Your Auditors have opined that the Company has in, all material respects, maintained adequate internal financial controls over financial reporting and that they were operating effectively

33. INTERNAL FINANCIAL CONTROL AND THEIR ADEQUACY

The Company has in place adequate internal financial controls commensurate with the size, scale and complexity of its operations. The Company has policies and procedures in place for ensuring proper and efficient conduct of its business, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records and the timely preparation of reliable financial information. The Company has adopted accounting policies, which are in line with the Accounting Standards and the Act

34. RISK MANAGEMENT

During the financial year under review, the Company has identified and evaluates elements of business risk. Consequently a Business Risk Management framework is in place. The risk management framework defines the risk management approach of the Company and includes periodic review of such risks and also documentation, mitigating controls and reporting mechanism of such risks. The framework has different risk models which help in identifying risks trend, exposure and potential impact analysis at a Company level as also separately for business.

35. DISCLOSURE AS PER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND

REDRESSAL) ACT, 2013:

The Company has always believed in providing a conducive work environment devoid of discrimination and harassment including sexual harassment. The Company has a well formulated Policy on Prevention and Redressal of Sexual Harassment. The objective of the Policy is to prohibit, prevent and address issues of sexual harassment at the workplace. This Policy has striven to prescribe a code of conduct for the employees and all employees have access to the Policy document and are required to strictly abide by it.

The Policy covers all employees, irrespective of their nature of employment and is also applicable in respect of all allegations of sexual harassment made by an outsider against an employee.

number of complaints of sexual harassment received in the year: Nil number of complaints disposed off during the year: Nil number of cases pending for more than ninety days: Nil

The Company has duly constituted an Internal Complaints Committee in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules thereunder.

36. COMPLIANCE WITH THE MATERNITY BENEFIT ACT, 1961:

The Company is committed to maintaining a safe, inclusive, and supportive work environment for all employees, with particular emphasis on the well-being and rights of women in the workplace. In line with this commitment, the Company acknowledges and upholds the provisions of the Maternity Benefit Act, 1961, which is aimed at protecting the interests of women employees during maternity.

During the financial year under review, one woman employee was on the rolls of the Company. However, no maternity benefit was availed by the said employee during the year.

The Company remains fully compliant with the provisions of the Act and is well-prepared to extend all statutory benefits as and when the need arises.

37. CORPORATE SOCIAL RESPONSIBILITY (CSR)

Provision of Schedule VII of the Companies Act, 2013 read with Companies Corporate Social Responsibility Policy) Rules, 2014 are not applicable to the Company during the year under review.

38. ENVIRONMENT AND SAFETY

Your Company is committed to ensure sound Safety, Health and Environmental (SHE) performance related to its activities, products and services. Your Company is taking continuous steps to develop Safer Process Technologies and Unit Operations and has been investing heavily in areas such as Process Automation for increased safety and reduction of human error element.

The Company is committed to continuously take further steps to provide a safe and healthy environment.

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

The details of conservation of energy, technology absorption, foreign exchange earnings and outgo are as follows:

(a) Conservation of energy:

(i) the steps taken or impact on conservation of energy	Companys operation does not consume significant amount of energy.
(ii) the steps taken by the company for utilising alternate sources of energy	Not applicable, in view of comments in clause (i)
(iii) the capital investment on energy conservation equipments	Not applicable, in view of comments in clause (i)

(b) Technology absorption:

(i) the effort made towards technology absorption	Nil
(ii) the benefits derived like product improvement cost reduction product development or import substitution	Nil
(iii) in case of imported technology (important during the last three	Nil
years reckoned from the beginning of the financial year)
(a) the details of technology imported
(b) the year of import;
(c) whether the technology been fully absorbed
(d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof
(iv) the expenditure incurred on Research and Development	Nil

(c) Foreign exchange earnings and Outgo:

During the year, there was no foreign exchange outgo (actual outflows) and foreign exchange earned (actual inflows).

40. DEPOSITS:

During the year under review, your Company has not accepted any deposits within the meaning of Section 73 of the Companies Act, 2013 read with rules made there under and as such, no amount on account of principal or interest on deposits was outstanding as on the date of the balance sheet.

41. PARTICULARS OF EMPLOYEES AND OTHER ADDITIONAL INFORMATION

The statement containing particulars of employees required under Section 197(12) of the Companies Act, 2013, read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is provided in a separate exhibit forming part of this report as per Section 197 read with Rule 5 of The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, are set out in Annexure - 2 to this report.

42. BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT

During the year under review, the Business Responsibility Report is not applicable on your Company for the Financial year ended 2025.

43. MANAGEMENT DISCUSSION AND ANALYSIS

Managements Discussion and Analysis Report for the year under review, as stipulated under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is presented in a separate section, forming part of the Annual Report as Annexure - 3.

44. DISCLOSURE OF AGREEMENTS

Disclosure as required under para F of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are not applicable to the Company during the financial year.

45. CAUTIONARY STATEMENT

Statements in this Report, Management Discussion and Analysis, Corporate Governance, notice to the Shareholders or elsewhere in this Annual Report, describing the Companys objectives, projections, estimates and expectations may constitute ‘forward looking statement within the meaning of applicable laws and regulations. Actual results might differ materially from those either expressed or implied in the statement depending on the Market conditions and circumstances.

46. DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY

CODE, 2016 (31 OF 2016) DURING THE YEAR ALONGWITH THEIR STATUS AS AT THE END OF THE FINANCIAL YEAR:

No application has been made under the Insolvency and Bankruptcy Code; hence the requirement to disclose the details of application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) during the year alongwith their status as at the end of the financial year is not applicable.

47. OTHER DISCLOSURES: i. The requirement to disclose the details of difference between amount of the valuation done at the time of onetime settlement and the valuation done while taking loan from the Banks or Financial Institutions along with the reasons thereof, is not applicable. ii. The Company has not made any provisions of money or has not provided any loan to its employees for purchase of shares of the Company or its holding Company, pursuant to the provisions of Section 67 of Companies Act, 2013 and Rules made thereunder. iii. There was no occasion where the Board has not accepted any recommendation of the Audit Committee.

48. ACKNOWLEDGEMENT AND APPRECIATION

Your directors would like to acknowledge and place on record their sincere appreciation to all Stakeholders, Clients, Financial

Institutions, Banks, Central and State Governments, the Companys valued Investors and all other Business Partners, for their continued co-operation and support extended during the year.

Your Directors recognize and appreciate the efforts and hard work of all the employees of the Company and their continued contribution to promote its development.

		For and on behalf of the Board of Directors
		For S. V. Trading & Agencies Limited
	Sd/-	Sd/-
	Name: Urvashi Tilkesh Sharma	Name: Gopal Lal Paliwal
Place: Mumbai	Designation: Additional Director & CFO	Designation: Managing Director
Date: August 19, 2025	DIN: 06522898	DIN: 06522898