Stratmont Industries Ltd Directors Report

To,

The Members,

Stratmont Industries Limited

Your Directors have pleasure in presenting the 41st Annual Report on business operation, together with Audited Financial statement for the year ended March 31,2025.

Financial Summary

1. The summarized financial highlight is depicted below:

(All amounts in INR Rupees, unless otherwise stated)

Particulars	31st-March-25	31st March-24
Revenue from operations	9,270.17	8,725.33
Other income	13.79	24.23
Total income	9283.95	8,749.56
Expenses
Purchases of stock in trade	8705.82	8471.69
Changes of inventory - stock in trade	13.43	42.13
Employee benefits expense	52.84	42.76
Finance costs	95.25	39.45
Depreciation and amortization expense	59.96	56.11
Other expenses	213.15	66.53
Total expenses	9140.46	8634.41
Profit before exceptional items and tax	115.14	110.20
Exceptional items	0	0
Profit before tax	143.50	115.14
Tax expense
Provision for Current tax	-27.27	-34.59
Deferred tax (benefit)/charge	-12.65	-4.65
Total tax expense	-39.92	-39.24
Profit for the year	103.58	75.90
Earnings per equity share (FV of Rs.10 each)
Basic	0.36	2.17
Diluted	0.36	2.17

2. TRANSFER TO RESERVE:

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

3. Dividend:

The directors of company has not recommended any dividend for the current Period.

4. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND:

Since there was no unpaid/unclaimed Dividend in the books or any Unpaid Dividend declared and paid last year, the provisions of Section 125 of the Companies Act, 2013 do not apply to your Company.

5. Fixed Deposits:

During the Period Your Company has not accepted any public deposits during the financial period under review.

6. CHANGE IN NATURE OF BUSINESS:

There has been change in the business of the Company during the financial year ending March 31,2025 as Follows:

(1) To carry on in India and elsewhere in the world the industry, trade or business of casting the ingots of iron, steel, copper, bronze, aluminium and other ferrous and non-ferrous ingots and or the rolling of bars and rods of iron, steel, copper, brass, bronze, aluminium and other ferrous and non-ferrous metals, and/or the drawings and extrusion for wires, pipes and tubes of iron, steel, copper, brass, bronze, aluminium and other ferrous and non-ferrous metals, and/or the manufacturers of finished products of ropes, of ferrous and lion-ferrous metals, cables of copper, iron, steel, bronze, aluminium and other ferrous and non-ferrous metals, trolley wires made of bronze, iron, steel, copper, brass, aluminium and other ferrous and non- ferrous metals, galvanised iron wires, wire fencing, wire netting, wire nails, wire clips and wire staples of ferrous and non-ferrous metals and business of Manufacturer and trader of Steel industries ,TMT Billet ,stainless steel, pellet pig iron, ferro alloys, solar energy, wind energy, textiles, copper ,nickel, ,Aluminum, Edible, oil, Cement , Argo commodities, Ethanol, coal power plant, Fabrication unit, paper Mill, Chemical, Pharma, Rice, Auto components, mining, coal manufacturing and trading, saw pipes, Pilling Rig Rental, concreate or any other related Infrastructure business, fabrication, commodities supply, Industrial Raw material, Commodity ,supply chain of all types of manufacturing of Infra or Infra related work , where all trading, financing, infra equipment Rental, Infra contracting, occupier, lessor, interior decorators, civil contractors, maintenance of residential , commercial and industrial Building ,mall, multiplexes, township projects, infrastructure projects , stainless steel , STIP, colonies, construction & manufacturer of trader of foundation, Heavy Industry ,Tools, stone crusher, milk and factory, sheds and buildings, workshops building, cinema house, building and other infrastructure projects to deal in all kinds of immovable properties whether belongs to the company in India or not in India and to under take or carry on the business of purchasing ,selling and developing any types of infraprojects land or plot whether residential ,commercial, industrial, rural & urban, that may belong to company or to any other person of whatever nature and to deal in hand or immovable properties of any description r nature on commission basis and for that purpose to make agreement to sell the land of the company or of any body else and to deal in building material electrical and civil materials in India and abroad & to manufacturing or Trading and Distribution of commodities of Coke, hard coke and other coal / coke related products.

(2) To do the business of wire drawers and manufacture of, dealers in and exporters and importers in steel wires, copper wires, brass wires, zinc wires and other wires of all ferrous and non-ferrous metals and their compounds and to cover these wires wherever necessary with rubber, plastic or any other non-conductor and to manufacture overhead and under-ground cables, electrical wires & to manufacture of Steel, saw pipes and to carry o business of and act as a merchants, traders, commission, and mercantile agents ,clearing agents, shipping, agents whether within or outside the territory of union of India and to import ,export ,buy sell, barter ,exchange, pledge make advance upon or otherwise deal in goods ,produce ,articles ,merchandise including capital and consumable Goods .To carry on the business of and iron ,steel, mechanical Engineering , founders, fabricators, manufacturers and deal in iron steel and alloys, goods plants and mechanical Equipments of various kinds and manufacturer .

(3) To Carry on the business(es) of dealing in Real Estate, property development Estate agency and without limiting to the generality above, to acquire by purchase, exchange, rent or otherwise deal either individually or through its subsidiaries or SPVs formed directly or indirectly or as joint venture with any company/ firm / individual / consultant / Public Sector Undertaking / Government Department / Statutory Bodies whether local or foreign in lands, buildings and hereditaments or any estate or interest therein and any rights over or connected with lands so situated and to turn the same to account in any way as may seem expedient and in particular by laying out, developing or assist in developing, preparing land for building and preparing building sites by planting, paving, drawing and by constructing, re-constructing, pulling down, altering, improving, decorating, furnishing and maintaining offices, flats, service flats, houses, hotels, restaurants, bungalows, warehouses, shops, cinema houses, shopping and commercial complexes, buildings, works and conveniences of all kinds, by consolidating or subdividing properties, by leasing, letting or renting, selling by installments, ownership, hire purchase basis or otherwise or disposing of the same and carry on the business of properties developers, Real estate Developers ,infrastructures activities, like road ,to acquire land, plots for colonization or otherwise sell plots ,contra building for sale and rent or both on installment or house , land estate agents and to arrange or undertake the sale ,purchase or advertise for sale ,purchase assist in selling or purchase and find or introduce purchase or vender of and to manage land building and other property whether belongs to the company or not and to let any portion on any premises for residential ,trade or business purchase or other private or public purpose and to collect rent and income to any supply to tenants and occupants and other refreshment club ,public halls managers ,lights ,waiting rooms ,trading Rooms Meeting Rooms, laboratories, laundry convenience ,electric convenience ,garages, and other advantages and to carry on Business in India and abroad relating to setup business malls, multiplex ,exhibition ground ,exhibition halls, community halls ,residential house of all types and kind ,boat house, club, Holiday resort, old man homes ,shopping complex of all types & kinds

7. RELATED PARTY TRANSACTIONS

There are No Related Party Transactions that were entered into during the financial year were on an arms length basis, in the ordinary course of business and were in compliance with the applicable provisions of the Act and the Listing Regulations. There were no materially significant Related Party Transactions made by the Company during the year that would have required Shareholder approval under the Listing Regulations.

All Related Party Transactions are placed before the Audit Committee for approval. Prior omnibus approval of the Audit Committee is obtained for the transactions which are repetitive in nature. A statement of all Related Party Transactions is placed before the Audit Committee for its review on a quarterly basis, specifying the nature, value and terms and conditions of the transactions.

The Company has adopted a Related Party Transactions Policy. The Policy, as approved by the Board, is uploaded on the Companys website.

Details of the transactions with Related Parties are provided in the accompanying financial statements. There were no transactions during the year. Which would not require to be reported in Form AOC.2.

Related party disclosures

A. List of Key Management Personnel :

Mr. Sudhanshu Kumar Mishra Managing Director with effect from 27.07.2024 Mr. Vatsal Agarwaal Director Mr. Vineet Kumar Managing Director Resign from 27.07.2024 Mrs. Neelam Patwari Director Resign From 07.05.2025 Mrs. Saumya Varma Director Appoint w.e.f 07.05.2025 Mr. Chinmoy Kumar Guha Director Mr. Ashok Kumar Tyagi Director Mr. Robin Keshri Company Secretary

B. Compensation to key management personnel :

Particulars	FY 2024-25	FY 2023-24
Short term employee benefits	9.86	8.03
Directors Remuneration / Sitting Fees	4.67	1.81
Post-employment benefits	-	-
Other long-term benefits	-	-
Total Compensation to key management personnel	14.53	9.84

Other related Parties with whom transactions have taken place

Mindspace Industries Private Limited.

Nature of Transaction	FY 2024-25 (Rs.)	FY 2023-24 (Rs.)
Purchases : Traded Goods	348.68	-
Purchases : Machine Hire charges	-	-
Pilling Rig Machine purchase	-	-
Pilling Rig Machine sales	80.00	253.70
Sales Machine Hire Charges	-	166.12
Sales Traded Goods	-	520.81
Total	428.63	940.63

8. SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE COMPANY:

There are no SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE company

9. SHARE CAPITAL:

The paid up Equity Share Capital as at March 31, 2025 stood at Rs. 28,49,78,800. During the year under review, the Company has issued of 2,50,00,000 Equity shares i.e 80,00,000 Equity shares allotment on cash basis and 1,70,00,000 Equity shares are allotment on conversion of loan of equity shares on preferential basis and company has not granted any stock options or sweat equity or warrants. As on March 31, 2025, none of the Directors except Mr. Vatsal Agarwaal (promoter) director of the Company hold instruments convertible into Equity Shares of the Company.

10. ANNUAL RETURN:

Pursuant to Section 92(3) and Section 134(3) (a) of the Act, read with Rule 12(1) of the Companies(Management and Administration) Rules, 2014, the extract of Annual Return has been uploaded on the Companys website on https://www.stratmontind.com.

11. RISK MANAGEMENT

Risk management comprises all the organizational rules and actions for early identification of risks in the course of doing business and the management of such risks.

Although not mandatory, as a measure of good governance, the Company has constituted a Risk Management Committee of the Board. The Committee reviews the Companys performance against identified risks, formulates strategies towards identifying new and emergent risks that may materially affect the Companys overall risk exposure and reviews the Risk Management Policy and structure.

This robust Risk Management framework seeks to create transparency, minimize adverse impact on business objectives and enhance the Companys competitive advantage.

The Internal Audit Department is responsible for facilitating coordination with the heads of various Departments, with respect to the process of identifying key risks associated with the business, manner of handling risks, adequacy of mitigating factors and recommending corrective action. The major risks forming part of the Enterprise Risk Management process are linked to the audit universe and are also covered as part of the annual risk based audit plan.

The Company has adopted a Risk Management Policy pursuant to Section 134 of the Act.

12. Information under Section 196-202 of Companies Act, 2013 and Rule 3-10 of the, Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

None of the employees was in receipt of remuneration exceeding the limit specified under section 196-202 of Companies Act, 2013.

13. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Board of the Company is duly constituted in accordance with the requirements of the Act read with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").

Pursuant to section 152 of the companies Act, 2013 (the ‘Act) and under Article (Article No. if any) of the Companys Articles of Association.

A) Directors:

Mr.Sudhanshu Kumar Mishra has been Appointed as an Managing Director of the Company with effect from 27Th July, 2024.

Mr. Vineet Kumar has been Appointed as Managing Director of the Company with effect from 7Th August,2023 & resign from 27Th July,2024

Mrs.Saumya Varma has been Appointed as Non Executive Independent & Women Director of the Company with effect from 7Th May2025.

Mr. Chinmay Kumar Guha (DIN: 07706047) as an Non Executive Independent Director of the Company was appointed with effect from 27Th June 2020 has been reappoint for a second term of 5 (five) consecutive years with effect from 26Th June 2025 to 27Th June 2030

B) Key Managerial Personnel:

Pursuant to the provisions of Sections 2(51) and 203 of the Act, read with the Rules framed thereunder, the following are the Key Managerial Personnel of the Company

i) Mr.Robin keshri has been appointed as Company secretary Cum Compliance officer of the company with effect from 14.02.2022.

ii) Mr.Rakesh kumar Choudhury who was appointed as Chief Financial Officer (CFO) with effect from 13.10.2021 was resign with effect from 07.05.2025.

iii) Mr.Ganesh Yadav has been appointed as Chief Financial Officer (CFO) with effect from 07.05.2025

D) Committees of the Board:

The Company has Three Board Committees as on March 31, 2025:

1) Audit Committee

2) Nomination and Remuneration Committee

3) Stakeholders Relationship Committee

During the year, all recommendations made by the committees were approved by the Board.

Details of all the committees along with their main terms, composition and meetings held during the year under review are provided in the Report on Corporate Governance, a part of this Annual Report.

E) Nomination and Remuneration Policy:

The Board of Directors has framed a policy which lays down a framework in relation to appointment and remuneration of Directors, Key Managerial Personnel, Senior Management, and other employees of the Company ("Policy"). The Policy broadly lays down the guiding principles, philosophy and the basis for payment of remuneration to Executive and Non-executive Directors (by way of sitting fees and commission), Key Managerial Personnel, Senior Management and other employees. The Policy also provides the criteria for determining qualifications, positive attributes and independence of Director and criteria for appointment of Key Managerial Personnel/Senior Management and performance evaluation which are considered by the Nomination and Remuneration Committee and the Board of Directors whilst taking a decision on the potential candidates.

The salient features of the Nomination and Remuneration Policy of the Company are outlined in the Corporate Governance Report which forms part of this Annual Report. The Policy is also available on the website of the Company at https://www.stratmontind.com/.

F) Whistle Blower Policy /Vigil Mechanism:

As per the provisions of Section 177(9) and (10) of the Act and Regulation 22 of the Listing Regulations, the Company has adopted a Whistle Blower Policy for establishing a vigil mechanism for Directors and Employees to report genuine concerns about unethical behaviour, actual or suspected fraud or violation of the Companys Code of Conduct and provide adequate safeguards against victimization of persons who use such mechanism and makes provision for direct access to the chairman of the Audit Committee in appropriate or exceptional cases. The said policy has been hosted on the Companys website at https://www.stratmontind.com/.

G) Performance Evaluation:

Pursuant to the provisions of the Act and the SEBI Listing Regulations, the Board has carried out the annual performance evaluation of the Directors individually as well as evaluation of the working of the Board and of the Committees of the Board, by way of individual and collective feedback from Directors. The manner in which the evaluation was conducted by the Company and evaluation criteria have been explained in the Corporate Governance Report which forms part of this Annual Report.

The Board of Directors has expressed its satisfaction with the evaluation process.

H) Number of Meetings of the Board:

During the year under review, the Board of Directors of the Company met seven (09) times i.e. on 30Th May,2024,5th June,2024,6th June 2024, 27ThJuly,2024,14ThAugust, 2024, 02November,2024, 14Th November,2024, 17Th December,2024,10Th Ferbruary,2025

The particulars of attendance of the Directors at the said meetings are detailed in the Corporate Governance Report of the Company, which forms a part of this Report.

The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013.

I) Remuneration of Directors, Key Managerial Personnel and Senior Management:

The remuneration paid to the Directors, Key Managerial Personnel and Senior Management is in accordance with the Nomination and Remuneration Policy formulated in accordance with Section178 of the Act and Regulation 19 read with Schedule II of the Listing Regulations. Further details on the same are given in the Corporate Governance Report which forms part of this Annual Report.

DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to the provisions of Section 134(3)(c) read with Section 134(5) of the Act, the Directors of the Company state and confirm that: a. in the preparation of the annual accounts for the financial year 2024-25, the applicable accounting standards had been followed and there are no material departures from the same.

b. 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 as at March 31,2025 and of the profit and loss of the Company for that period;

c. The directors had taken proper and sufficient care 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.

d. the directors had prepared the annual accounts on a going concern basis.

e. the directors had laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

f. 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.

PARTICULARS OF LOANS, GUARANTEE, AND INVESTMENTS:

The particulars of loans, guarantees and investments as per Section 186 of the Act read with the Companies (Meeting of Board and its powers) Rules, 2014 as on March 31, 2025, have been disclosed in the Notes to the Financial Statements of the Company.

CORPORATE SOCIAL RESPONSIBILITY:

In line with the provisions of the Companies Act, 2013 and the rules framed there under with respect to the Corporate Social Responsibility (CSR), your company is not governed by the provisions of Section 135 of the Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014.So, the Company is not required to conduct CSR activities.

ANNEXURE TO DIRECTORS REPORT

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

Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 (3) of the Companies (Accounts) Rules,2014 requires disclosure of the particulars regarding conservation of Energy and Technology absorption.

The Company on continues basis undertakes programs of conserving energy. The details of the same are as follows:

Conservation of Energy

(i) The steps taken or impact on conservation of energy Not Applicable (ii) The steps taken by the company for utilizing alternate sources of energy (iii) The capital investment on energy conservation equipments

Technology absorption:

(i) The efforts made towards technology absorption: Not Applicable

(ii) The benefits derived like product improvement, cost reduction, product development or import substitution: Not Applicable

(iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year): Not Applicable

The details of technology imported: Not Applicable The year of import; Not Applicable

Whether the technology been fully absorbed; Not Applicable

If not fully absorbed, areas where absorption has not taken place, and the reasons thereof; Not Applicable (iv) The expenditure incurred on Research and Development: NIL

Foreign exchange earnings and outgo during the year 2024 -2025 areas under.

PARTICULARS	2024-25	2023-25
Foreign Exchange Earnings	NIL	NIL
Foreign Exchange Outgo	NIL	NIL

RISK MANAGEMENT:

The Audit Committee has been delegated the responsibility for monitoring and reviewing risk management, assessment and minimisation procedures, developing, implementing and monitoring the risk management plan and identifying, reviewing and mitigating all elements of risks which the Company may be exposed to.

APPLICATION/PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 ("IBC"): NA

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS:

During the year under review, there are no significant material orders passed by the Regulators/Courts that would impact the going concern status of the Company and its future operations.

AUDITORS:

(1) Statutory Auditors:

The Board has proposed to re-appointed of M/s BHATTER & ASSOCIATES., Chartered (FRN:131411W) as a Statutory Auditors of the Company until the conclusion of next Annual General Meeting of the company at remuneration as the Board of Directors may determine. "Subject to the approval of the shareholders in the Annual General Meeting of the company."

Secretarial Auditors:

Pursuant to the provisions of Section 204 of the Act and The Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014, the Board of Directors of the Company had appointed Mr.shravan A Gupta & Associates, Practicing Company Secretary in practice (M.No:9990) to undertake the Secretarial Audit of the Company for the year ended 31st March,2025. The Secretarial Audit Report is annexed Practicing Company Secretary in practice.

Reporting of Frauds:

There was no instance of fraud during the year under review, which required the Auditors to report to the Audit Committee and / or Board under Section 143(12) of Act and Rules framed thereunder.

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

The Company has adopted a Sexual Harassment Policy on prevention, prohibition, and redressal of sexual harassment at workplace in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder.

The aim of the policy is to provide protection to employees at the workplace and prevent and redress complaints of sexual harassment and for matters connected or incidental thereto, with the objective of providing a safe working environment, where employees feel secure. The Policy is available at the Registered Office of the Company and is accessible to all the employees of the Company. The Company has not received any complaints during the FY under review.

PUBLIC DEPOSITS:

During the year under review, your Company has not accepted any deposits within the meaning of Sections 73 to 76A of the Act read with the Companies (Acceptance of Deposits) Rules, 2014.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

The Management Discussion and Analysis Report for the year under review as required under Regulation 34 read with Schedule V of the Listing Regulations is annexed to this Report as "Annexure-C".

CORPORATE GOVERNANCE:

Report on Corporate Governance and Certificate of the Auditor of the Company regarding compliance of the conditions of Corporate Governance as stipulated in Part C of Schedule V of the Listing Regulations, are provided in a separate section forming part of this Report as "Annexure D".

INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:

The Company has in place adequate internal financial controls with reference to the financial statements.

Internal audits are undertaken on a quarterly basis by Internal Auditors covering all units and business operations to independently validate the existing controls. Reports of the Internal Auditors are regularly reviewed by the management and corrective action is initiated to strengthen the controls and enhance the effectiveness of the existing systems. The Audit Committee evaluates the efficiency and adequacy of the financial control system in the Company and strives to maintain the standards in the Internal Financial Control.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTY TRANSACTIONS:

All transactions entered with related parties as defined under the Act during the FY were in the ordinary course of business and on an arms length pricing basis and do not attract the provisions of Section 188 of the Act. There were no materially significant transactions with the related parties during the FY which were in conflict with the interest of the Company and hence, enclosing Form AOC-2 is not required.

Suitable disclosure as required by the Accounting Standard (AS 18) has been made in the notes to the Financial Statements.

PARTICULARS OF EMPLOYEES:

During the year under review, no employee was in receipt of remuneration exceeding the limits as prescribed under provisions of Section 197 of the Companies Act, 2013 and Rule 5(2) and 5(3) of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The information pursuant to Section 197 of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 relating to median employees remuneration is made available at the corporate office of the Company during working hours for a period of twenty-one (21) days before the date of the meeting.

COMPLIANCE WITH SECRETARIAL STANDARDS:

The Company has complied with the applicable mandatory Secretarial Standards.

TRADE RELATIONS:

Your Directors wish to record appreciation of the continued unstinted support and co – operation from its Customers, suppliers of goods / services, clearing and forwarding agents and all others associated with it. Your Company will continue to build and maintain strong association with its business partners

APPRECIATION & ACKNOWLEDGEMENTS:

The Board wishes to express its gratitude and record its sincere appreciation for the commitment and dedicated efforts put in by all the employees of the Company.

The Directors take this opportunity to express their grateful appreciation for the encouragement, cooperation and support received from all the stakeholders including but not limited to the Government authorities, bankers, customers, suppliers and business associates.

The Directors are thankful to the esteemed shareholders for their continued support and the confidence reposed in the Company and its management.

	By The Order of The Board
	For stratmont Industries Ltd
	Sd/-
	Mr. Sudhanshu Kumar Mishra
	Managing Director
Mumbai
August 13, 2025