Sharpline Broadcast Ltd Directors Report

Dear Members,

Your Directors take pleasure in presenting their 35^th Annual Report together with the Audited Statements of accounts for the Financial Year ended on 31^st March, 2025.

Financial summary of the Company

During the year under review, the Company has shown notable performance. The extracts of financial results 2024-25 are as under:

Particulars	Year ended 31.03.2025	Year ended 31.03.2024
Income for the year (Gross)	1672.68	3,231.36
Expenditure for the year excluding Depreciation and amortisation expenses	998.37	2,958.01
Profit/(Loss) before depreciation, interest and exceptional items	674.3	273.35
Less
-Depreciation and Amortization Expenses	22.40	66.32
-Interest	-	-
Exceptional Item
Prior Period Expenses	-1.25	1.65
Profit before Tax	653.15	205.38
Less:- Provision for Taxation
- Current Tax/ Mat	56.10	56.69
- Deferred Tax Adjustment-Cr/Dr)	(4.57)	(3.98)
- Tax Adjustments for Earlier Year	0	(1.13)
Profit after Tax	601.62	153.80

Operational

During the year, the company has carried out its business operations. However, Company has achieved stable profit during the year. Your directors are putting their best efforts to improve the performance of the Company. The company anticipates more development in the Finance Industry in years to come.

The income from operations during the year is Rs. 1672.68 Lakhs as against Rs. 3231.36 Lakhs in the previous year. The Company made a profit before tax of Rs. 653.15 Lakhs during the year as against the profit of Rs. 205.38 Lakhs in the previous year.

Dividend

Your Directors intend to plough back available resources for the financial requirements and express their inability to recommend any dividend for the financial year.

Transfer to Reserves

The net movements in the major reserves of the Company are as follows:

No amount is proposed to be transferred to the Reserves and Surplus Account.

Change in the nature of business

During the year under review, the Company has made strategic expansions through the acquisition of two subsidiaries, resulting in a change in the nature of the overall business activities of the Group.

1. Unayur Marketing Private Limited is engaged in the business of pharmaceuticals and medical products. This marks the Companys entry into the healthcare and medicine sector.

Board of Directors of Sharpline Broadcast Limited approved the acquisition by the Company of 5,123 equity shares of Rs. 10 each of Unayur Marketing Private Limited ("Unayur") on 11^th February, 2025, from its existing shareholder, representing 51% of the equity share capital of Unayur in consideration of Rs. 9,00,00,000 (Nine Crore Only). In this regard, the Company will execute:

(a) A share purchase agreement ("SPA") with Unayur and Mr. Sahil Khan, existing shareholder of Unayur for acquisition of the said shares; and

(b) Any other transaction related documents with Unayur and Mr. Sahil Khan. The completion of the transaction is subject to satisfaction of certain conditions precedent in accordance with the Transaction Documents.

2. Broad Cast Equipments (India) Private Limited was also incorporated and is engaged in the same line of business as the holding company, i.e., broadcasting and media-related services. This move is aimed at strengthening and expanding the core operations of the Company.

Board of Directors of the Company agreed to invest on 11^th October, 2024 a sum of Rs. 29873560.45 towards purchase of 171205 equity shares of face value of Rs 10- (Rupees Ten only) each at a price of Rs. 174.49 - (Rupees One Hundred and Seventy-Four Rupees only) per Equity Share of Broad Cast Equipments (India) Private Limited.

Acquisition of the said shares, the company shall own 62.36 percent of the total shareholding of the Broad Cast Equipments (India) Private Limited and that the draft of Share Purchase Agreement ("SPA") between the Company and Mr. Gaurav Gupta. M/s Sharp Eye Broadcasting Private Limited. M/s Sharpline Network Private Limited, M/s KDM BUSINESS NETWORK Limited

The establishment of these subsidiaries reflects the Companys ongoing efforts to diversify its portfolio and enhance its market presence in both existing and new sectors.

The Annual Reports of these Subsidiaries will be made available for inspection by any Member of the Company at the Registered Office of your Company on any working day upto the date of ensuing AGM.

The reports given by the Auditors on the Standalone and Consolidated Financial Statements of your Company for the financial year ended March 31, 2025, form part of this Annual Report and there is no qualification, reservation, adverse remark or disclaimer given by the Auditors in their Reports.

Significant & Material Orders Passed by the Regulators or Courts or Tribunals Impacting the Going Concern Status of the Company

No significant and material orders were passed by any Regulator(s) or Court(s) or Tribunal(s) which would impact the going concern status of the company.

Material changes and commitments, if any, affecting the financial position of the Company

There has been no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relate and the date of the report.

Internal Financial Controls

The Company has adequate Internal Financial Control System over financial reporting which ensures that all transactions are authorized, recorded, and reported correctly in a timely manner. The Companys Internal

Financial Control over financial reporting is designed to provide reliable financial information and to comply with applicable accounting standards.

The Company periodically tracks all amendments to Accounting Standards and makes changes to the underlying systems, processes and financial controls to ensure adherence to the same. All resultant changes to the policy and impact on financials, if any, are disclosed after due validation with the Statutory Auditors and the Audit Committee.

Your Company has in place adequate internal financial controls with reference to the Financial Statements commensurate with the size, scale and complexity of its operations. Such controls have been assessed during the year under review taking into consideration the essential components of internal controls stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by The Institute of Chartered Accountants of India. Based on the results of such assessments carried out by the management, no reportable material weakness or significant deficiencies in the design or operation of internal financial controls was observed.

Details of Subsidiary/Joint Venture/ Associate Companies

During the year under review, the Company has Two Subsidiary company and have 1 associate company. Form No. AOC-1 is attached to this report as Annexure-‘A.

Performance and financial position of each of the subsidiaries, associates and joint venture companies included in the consolidated financial statement

The Company has Two subsidiaries, 1 associates and no joint venture companies. The reports given by the Auditors on the Standalone and Consolidated Financial Statements of your Company for the financial year ended March 31, 2025, form part of this Annual Report and there is no qualification, reservation, adverse remark or disclaimer given by the Auditors in their Reports.

Details in Respect of Frauds Reported by Auditors under Sub-Section (12) Of Section 143 other than those which are Reportable to the Central Government

Auditors have not reported any frauds during the year under review.

Particulars of Loans, Guarantees or Investments under Section 186 of the Companies Act 2013

The Company has given Loan or Guarantee or made Investment under Section 186 of the Companies Act 2013.

Special Resolution has been passed in the Annual General Meeting of financial year ending March 2025 for the approval.

Public Deposits

During the year under review, your Company has neither accepted nor renewed any deposits.

Particulars of Contracts or Arrangements with Related Parties

All material related party transactions that were entered into during the financial year were on an arms length basis and were in the ordinary course of business. There are no materially significant related party transactions made by the Company with Promoters, Directors, Key Managerial Personnel or other designated persons which may have a potential conflict with the interest of the Company at large. Form No. AOC-2 marked Annexure ‘A is annexed to this report containing disclosure of related party transactions under Section 188 of the Companies Act, 2013.

Auditors

(i) Statutory Auditors

In the 30^th AGM held on September 20, 2020 the Members appointed M/s BAS & Co. LLP Chartered Accountants (Firm Registration No.323347E/E300008) as Statutory Auditors of the Company

(ii) Secretarial Auditors

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed M/s. V Kumar and Associates (CP No.:10438, M.No.: 8976), Company Secretaries to undertake the secretarial audit of the Company.

(iii) Cost Auditors and Cost Records

Maintenance of cost records and requirement of cost audit as prescribed under the provisions of Section 148(1) of the Act read with Rule 3 and Rule 4 of The Companies (Cost Records and Audit) Rules, 2014, are not applicable to the Company during the year.

(iv) Internal Auditors

In terms of compliance of Section 138 of the Act read with the Companies (Accounts) rules, 2014, the Board of Directors on the recommendation of Audit Committee approved the appointment of M/S A D Goyal & Associates, Chartered Accountant (Firm Registration No. 0031058N) as its Internal Auditors of the Company for the financial year 2023-24 to financial year 2027-28.

Auditors Report

A copy of Independent Auditors Report and Notes forming part of the Financial Statements as provided by

Independent Auditor has been annexed to this Report does not contains any reservation, qualification or adverse remarks.

Secretarial Audit Report

A copy of Secretarial Audit Report as provided by Company Secretary in Practice has been annexed to this Report as Annexure- D. The Secretarial Audit Report contains following reservation, qualification or adverse remarks.

Auditors Modified Opinion:

i. The Company was unable to appoint a Company Secretary due to challenges faced by the Board of Directors in identifying and recruiting a suitably qualified candidate.

Management Reply: The Company Secretary has since been duly appointed by the Board on 24^th April, 2025, and the non-compliance stands rectified as on the date of this reporting.

ii. The composition of the Board of Directors and its applicable committees was not in conformity with the prescribed requirements.

Management Reply: Owing to difficulties in identifying and appointing suitably qualified individuals. The Board has taken necessary steps, and the composition has been duly rectified as on 31st March, 2025.

iii. SEBI has taken following actions against Sharpline Broadcast Limited:

i. SEBI by Confirmatory Order In the matter of Stock Recommendations using YouTube in the scrip of Sharpline Broadcast Limited-

- WTM/AN/ISD/ISD-SEC-1/29733/2023-24 on violation of provisions of Securities and Exchange Board of India Act, 1992 (hereinafter referred to as "SEBI Act") and various regulations framed thereunder including SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 (hereinafter referred to as "PFUTP Regulations").

ii. SEBI by Confirmatory Order in the matter of Stock Recommendations using YouTube in the scrip of

Sharpline Broadcast Limited- WTM/AN/ISD/ISD-SEC-1/28040/2023-24 on violation of provisions of Securities and Exchange Board of India Act, 1992 (hereinafter referred to as "SEBI Act") and various regulations framed thereunder including SEBI(Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 (hereinafter referred to as "PFUTP Regulations").

Management Reply: Investigation is going on and Company has submitted the reply.

Share Capital

A. Increase in Authorised Share Capital

The Company has not increased its Authorised Share Capital during the financial year.

B. Issue of Equity shares

Company has not issued any equity shares during the financial year.

C. Issue of equity shares with differential rights

Company has not issued any equity shares with differential rights so no disclosure is required as per rule 4 (4) of the Companies (Share Capital and Debentures) Rules 2014.

D. Issue of sweat equity shares

Company has not issued sweat equity shares, so no disclosure is required as per rule 8 (13) of the Companies (Share Capital and Debentures) Rules 2014.

E. Issue of employee stock options

Company has not issued employee stock options, so no disclosure is required as per rule 12(9) of the Companies (Share Capital and Debentures) Rules 2014.

F. Provision of money by Company for purchase of its own share by employees or by trustee for the benefit of employees

Company has not made any provision for purchase of its own share by employees or by trustee for the benefit of employees so no disclosure is required as per rule 16(4) of the Companies (Share Capital and Debentures) Rules 2014.

Conservation of energy, technology absorption and foreign exchange earnings and outgo

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

A. Conservation of energy

Company is not engaged in any manufacturing or processing activity, as such particulars required to be given in terms of Section 134(3)(m) of the Companies Act, 2013 read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, regarding conservation of energy are not applicable.

B. Technology absorption

Company is not engaged in any manufacturing or processing activity, as such particulars required to be given in terms of Section 134(3)(m) of the Companies Act, 2013 read with Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988, regarding Technology absorption are not applicable.

C. Foreign exchange earnings and outgo

There has been no expenditure and/or earning in foreign exchange.

Extract of Annual Return

As per the requirements of Section 92(3) of the Companies Act, 2013 and Rules framed there under, the extract of the Annual Return of the Company for the financial year 2024-25 is available on the website of the Company.

Employees

In terms of Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014, the name and other particulars of the employees, whose remuneration falls within the purview of the said rule, are required to be set out in the Annexure to the Directors Report. However, during the year under review or any part thereof, the company did not employ any person with remuneration falling within the purview as prescribed under the rule.

Corporate Social Responsibility

Even though the provisions of Companies Act, 2013 regarding Corporate Social Responsibility are not attracted to the Company yet the Company has been, over the years, pursuing as part of its corporate philosophy, an unwritten CSR policy voluntarily which goes much beyond mere philanthropic gestures and integrates interest, welfare and aspirations of the community with those of the Company itself in an environment of partnership for inclusive development.

Performance Evaluation

Pursuant to the provisions of the Companies Act, 2013 and as per SEBI (LODR) Regulations 2015, a separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board who were evaluated on parameters such as level of engagement and contribution and independence of judgment thereby safeguarding the interest of the Company. The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and the Non Independent Directors was carried out by the Independent Directors. The Board also carried out annual performance evaluation of the working of its Audit, Nomination and Remuneration as well as stakeholder relationship committee. The Directors expressed their satisfaction with the evaluation process.

Directors and Key Managerial Personnel

While selecting Directors, the Company looks for an appropriate balance of skills, experience, independence and knowledge to enable them discharge their respective duties and responsibilities effectively. The Company has laid down a clear Policy on remuneration of Directors, Key Managerial of the Companies Act, 2013 and Articles of Association.

During the year Mrs. Urmil Gupta (DIN: 00077946), Mr. Sanjeev Kumar Jha (DIN: 02840583), Mr. Satyabrata Mukherjee (DIN 01635601) and Mr. Ankit Kakran (DIN: 10177754) were in the board of directors.

Mr. Sanjeev Kumar Jha (DIN: 02840583), Whole Time Director of the Company, retires by rotation in the ensuing AGM and being eligible offers herself for re-appointment.

Mr. Rahul (M.No.: A73800), had been appointed Company Secretary and Compliance Officer with effect from 15/05/2025 and resigned from the post of Company Secretary and Compliance Officer with effect from 31/12/2024.

Further Mr. Sulabh Dikshit (DIN: 07070194) and Mrs. Sangeeta Mukherjee (DIN: 02836339), had been resigned as Non-Executive and Independent Director with effect from 15/01/2025.

Further Mr. Ravi Birla (DIN: 10051907) had been appointed Additional Director (Non-Executive & Independent Director) with effect from 21/02/2025 and resigned with effect from 25/02/2025.

Further Mr. Satyabrata Mukherjee (DIN: 01635601) had been appointed Additional Director (Non-Executive

& Independent Director) with effect from 21/02/2025 and resigned with effect from 25/02/2025 and further appointed Additional Director (Non-Executive & Independent Director) with effect from 31/03/2025.

Further Ms. Urmil Gupta (DIN: 00077946) had been appointed Additional Director (Non-Executive & Non-Independent Director) with effect from 21/02/2025.

Further Ms. Pooja Suri (DIN: 09115153) had been resigned the post of Non-Executive and Independent Director and Mr. Ankit Kakran (DIN: 10177754) had been appointed Additional Director (Non-Executive & Non-Independent Director) with effect from 18/03/2025

After closing of financial year, approval and regularized of Mr. Satyabrata Mukherjee (DIN: 01635601) designation of Non-Executive Independent Director and Ms. Urmil Gupta (DIN: 00077946) designation Non-Executive Non-Independent Director and Mr. Ankit Kakran (DIN: 10177754) designation Non-Executive Independent Director by shareholder of the company in EGM held on 28^th April, 2025.

After closing of financial year there were following changes of Company Secretary & Compliance officer of the company:

i. Appointment of Ms. Muskaan Suhag (M.No.: 75927) with effect from 24^th April, 2025 ii. Resignation of Ms. Muskaan Suhag (M.No.: 75927) with effect from 11^th August, 2025

Number of Meetings of the Board of Directors

The Board of Directors consists of Four Directors including three Independent Directors during the period under report.

During the 12 months period ended March, 2025, 23 (Twenty-Three) Board Meetings were held on 08/04/2024, 15/05/2024, 20/05/2024, 29/05/2024, 27/06/2024, 03/07/2024, 13/08/2024, 21/08/2024, 22/08/2024, 01/10/2024, 11/10/2024, 16/10/2024, 02/11/2024, 08/11/2024, 11/11/2024, 31/12/2024, 25/01/2025, 11/02/2025, 21/02/2025, 25/02/2025, 06/03/2025, 18/03/2025, 31/03/2025.

The intervening gaps between the Meetings were within the period prescribed under the Companies Act, 2013.

Details of the attendance of the Directors attending the Board Meeting(s) are provided hereunder:

Name of the Director	Category	No. of Meetings Attended
Mrs. Sangeeta Mukherjee	Non-Executive and Independent Director	17
Mr. Sanjeev Kumar Jha	Executive Director	23
Mr. Sulabh Dikshit	Non-Executive and Independent Director	17
Mrs. Pooja Suri	Non-Executive and Independent Director	22
Mr. Ravi Birla	Non-Executive and Independent Director	1
Mr. Satyabrata Mukherjee	Non-Executive and Independent Director	1
Mr. Ankit Kakran	Non-Executive and Independent Director	1
Mrs. Urmil Gupta	Non-Executive and Non-Independent Director	4

Audit Committee

During the financial year 2024-25, the Company has an Audit Committee comprising Mr. Ankit Kakran (Non-Executive and Independent Director), Mr. Satyabrata Mukherjee (Non-Executive and Independent Director) and Mrs. Urmil Gupta (Non-Executive and Non-Independent Director). The terms of reference of the Audit Committee inter-alia include overseeing financial reporting process, reviewing the financial statements and recommending appointment of Auditors. There is no recommendation made by Audit Committee.

However, the following changes occurred:

On 15th January, 2025, Mrs. Sangeeta Mukherjee (Non-Executive-Independent Director) Chaiman of Committee and Mr. Sulabh Dikshit (Non-Executive-Independent Director) member of committee resigned from the company

On 21^st February, 2025, Mr. Ravi Birla (Non-Executive-Independent Director) and Mr. Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee resigned from the company and Mrs. Pooja Suri (Non-Executive-Independent Director) became the Chairperson of the committee.

On 25^th February, 2025, Mr. Ravi Birla (Non-Executive-Independent Director) and Mr. Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee resigned from the company and Mrs. Urmil Gupta (Non-Executive and Non-Independent Director) become the member of the committee.

On 18^th March, 2025, Mrs. Pooja Suri (Non-Executive-Independent Director) chairperson of committee resigned from the company and Mr. Ankit Kakran (Non-Executive and Independent Director) became the Chairperson of the committee.

On 31^st March, 2025, Satyabrata Mukherjee (Non-Executive-Independent Director) became the appointed member of the committee.

Stakeholder Relationship Committee

The Company has constituted a Stakeholder Relationship Committee of Directors in compliance with provisions of the Companies Act, 2013 and Regulation 20 of SEBI (LODR) Regulations, 2015 as amended from time to time.

During the financial year 2024-25, the Committee comprises Mr. Ankit Kakran (Non-Executive and Independent Director), Mr. Satyabrata Mukherjee (Non-Executive and Independent Director) and Mrs. Urmil Gupta (Non-Executive and Non-Independent Director).

However, the following changes occurred:

On 15th January, 2025, Mrs. Sangeeta Mukherjee (Non-Executive-Independent Director) Chaiman of Committee and Mr. Sulabh Dikshit (Non-Executive-Independent Director) member of committee resigned from the company

On 21^st February, 2025, Mr. Ravi Birla (Non-Executive-Independent Director) and Mr. Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee resigned from the company and Mrs. Pooja Suri (Non-Executive-Independent Director) became the Chairperson of the committee.

On 25^th February, 2025, Mr. Ravi Birla (Non-Executive-Independent Director) and Mr. Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee resigned from the company and Mrs. Urmil Gupta (Non-Executive and Non-Independent Director) become the member of the committee.

On 18^th March, 2025, Mrs. Pooja Suri (Non-Executive-Independent Director) chairperson of committee resigned from the company and Mr. Ankit Kakran (Non-Executive and Independent Director) became the Chairperson of the committee.

On 31^st March, 2025, Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee became the appointed member of the committee.

Nomination and Remuneration Committee

The Company has constituted a Nomination and Remuneration Committee of Directors in compliance with provisions of the Companies Act, 2013 and Regulation 19 of SEBI (LODR) Regulations, 2015 as amended from time to time. The Committees scope of work includes deciding on remuneration and policy matters related to remunerations of Directors and laying guidelines for remuneration package or compensation.

During the financial year 2024-25, the Committee comprises of Mr. Ankit Kakran (Non-Executive and Independent Director), Mr. Satyabrata Mukherjee (Non-Executive and Independent Director) and Mrs. Urmil Gupta (Non-Executive and Non-Independent Director).

However, the following changes occurred:

On 15th January, 2025, Mrs. Sangeeta Mukherjee (Non-Executive-Independent Director) Chaiman of Committee and Mr. Sulabh Dikshit (Non-Executive-Independent Director) member of committee resigned from the company

On 21^st February, 2025, Mr. Ravi Birla (Non-Executive-Independent Director) and Mr. Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee resigned from the company and Mrs. Pooja Suri (Non-Executive-Independent Director) became the Chairperson of the committee.

On 25^th February, 2025, Mr. Ravi Birla (Non-Executive-Independent Director) and Mr. Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee resigned from the company and Mrs. Urmil Gupta (Non-Executive and Non-Independent Director) become the member of the committee.

On 18^th March, 2025, Mrs. Pooja Suri (Non-Executive-Independent Director) chairperson of committee resigned from the company and Mr. Ankit Kakran (Non-Executive and Independent Director) became the Chairperson of the committee.

On 31^st March, 2025, Satyabrata Mukherjee (Non-Executive-Independent Director) member of committee became the appointed member of the committee.

Details of Establishment of Vigil Mechanism/ Whistle Blower Policy for Directors and Employees

In order to ensure that the activities of the Company and its employees are conducted in a fair and transparent manner by adoption of highest standards of professionalism, honesty, integrity and ethical behavior the

Company has adopted a vigil mechanism policy. This policy is explained in corporate governance report. This policy has been uploaded on the website of the Company-

Management Discussions and Analysis Report

The Management Discussion and Analysis Report forms part of this Annual Report in compliance with Regulation 34 of SEBI (LODR) Regulations, 2015 and is annexed marked as Annexure ‘B.

Corporate Governance

The Company believes that the essence of Corporate Governance lies in the phrase "Your Company". It is "Your" Company because it belongs to you "the Shareholders". The Chairperson and Directors are "Your" fiduciaries and trustees. Their objective is to take the business forward in such a way that it maximizes "Your" long term value. Your Company is committed to benchmark itself with global standards in all areas including highest standards of Good Corporate Governance. Besides adhering to the prescribed Corporate Governance practices as per Regulation 15(2) of SEBI (LODR) Regulations, 2015, the Company also endeavors to share information with its stakeholders openly and transparently on matters which have a bearing on its economic and reputational interest.

The Corporate Governance Report of the Company is annexed to this report as Annexure-‘C.

Risk Management Policy

Company has implemented proper risk management policy including identification therein of element of risk.

Code of Conduct

The chairman of the Board Meetings has given a declaration that all Directors and senior Management Personnel concerned affirmed compliance with the code of conduct with reference to the year ended March, 31 2025.

Corporate Social Responsibility

Even though the provisions of Companies Act, 2013 regarding Corporate Social Responsibility are not attracted to the Company yet the Company has been, over the years, pursuing as part of its corporate philosophy, an unwritten CSR policy voluntarily which goes much beyond mere philanthropic gestures and integrates interest, welfare and aspirations of the community with those of the company itself in an environment partnership for inclusive development.

Compliance with the provisions of Secretarial Standards

The Company has devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

Disclosures Pertaining to the Sexual Harassment of Women at the Workplace (Prevention, Prohibition And Redressal) Act, 2013

The Company is committed towards promoting the work environment that ensures every employee is treated with dignity and respect and afforded equitable treatment irrespective of their gender, race, social class, caste, creed, religion, place of origin, sexual orientation, disability or economic status. Pursuant to the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, the

Company has adopted a Policy on prevention of sexual harassment at workplace (‘POSH Policy). Periodic sessions were also conducted to apprise employees, Internal Complaint Committee and build awareness on the subject matter. Our key focus is to create a safe, respectful and inclusive workplace which fosters professional growth for each employee.

During the financial year under review, there were no complaints received pursuant to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

No. cases have been received: Nil No. cases have been pending: Nil

No. cases have been disposed of after 90 days: Nil

Details of Maternity Benefit to be Provided by the Company in the Directors Report for the Year 2024-2025 Under the Maternity Benefit Act, 1961

The Company declares that it has duly complied with the provisions of the Maternity Benefit Act, 1961. All eligible women employees have been extended the statutory benefits prescribed under the Act, including paid maternity leave, continuity of salary and service during the leave period, and post-maternity support such as nursing breaks and flexible return-to-work options, as applicable. 26 The Company remains committed to fostering an inclusive and supportive work environment that upholds the rights and welfare of its women employees in accordance with applicable laws.

Disclosure Under the Insolvency and Bankruptcy Code, 2016

During the financial year under review, there was no application made by the Company of any proceeding pending against the Company under the Insolvency and Bankruptcy Code, 2016.

Directors Responsibility statement

Pursuant to Section 134(3)(c) of the Act, the Directors to the best of their knowledge hereby state and confirm that :-

1. In the preparation of the Annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures;

2. The Directors have 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 or loss of the Company for that period;

3. The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

4. The Directors have prepared the annual accounts on a going concern basis;

5. The Directors, has laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

6. The Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

Acknowledgement

Your Directors wish to place on record and acknowledge their appreciation for the continued support and cooperation received from Government agencies and the shareholders. Your Directors also record their appreciation for the total dedication of employees at all levels.

		For and on Behalf of
	Board of Directors of Sharpline Broadcast Limited
	Sd/-	Sd/-
Place: New Delhi	(Sanjeev Kumar Jha)	(Satyabrata Mukherjee)
Date: 22.08.2025	Whole-time Director	Director
	DIN: 02840583	DIN: 01635601