Stratmont Industries Ltd Directors Report

DIRECTORS REPORT

To

The Members,

Stratmont Industries Limited

Your directors are pleased to present the 42^nd (Forty Second) Annual Report of Stratmont Industries Limited ("the Company") together with the Audited Financial Statements for the period ended on March 31, 2026.

FINANCIAL SUMMARY AND HIGHLIGHTS:

		(Rs. In lakhs)
Particulars	F.Y 2025-26	F.Y 2024-25
Revenue from operation	18,661.73	9,270.17
Other Income	10.67	13.79
Total Revenue	18,672.40	9,283.95
Total Expenditure	18,309.18	9,140.46
Profit before tax	363.21	143.50
Total Tax Expenses	-	-
Net Profit	262.17	(16.65)
Earnings Per Share
Basic	(0.07)	(0.31)
Diluted	(0.07)	(0.31)

STATE OF THE COMPANYS AFFAIRS:

During the year under review, the Company has earned total income of Rs. 18,672.40 lakhs/- for the Financial Year ended March 31, 2026 as against a 9,283.95 Lakhs income for the Financial Year ended March 31, 2025. The Company incurred a profit before tax of Rs. 363.21 lakhs/- for the Financial Year ended March 31, 2026 as against a Profit before tax of Rs. 143.50 lakhs/- for the Financial Year ended March 31, 2025. The Company reported a Net Profit of Rs. 262.17 lakhs/- for the Financial Year ended March 31, 2026 as against a Net Loss of Rs. 103.58 lakhs/ - for the Financial Year ended March 31, 2025.

The Board of Directors continues to closely monitor the financial and operational performance of the Company and remains committed to strengthening its business operations and improving its financial performance in the ensuing years.

TRANSFER TO RESERVE:

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

DIVIDEND:

During the financial year under review, the Board of Directors of the Company, at its meeting held on 14 February 2026, declared an Interim Dividend of Rs.0.10/- (Rupees Ten Paise only) per Equity Share of Rs.10/- each, equivalent to 1% of the face value of the Equity Shares, for the financial year 2025-26.

The Record Date for determining the eligibility of Members entitled to receive the aforesaid Interim Dividend was fixed as 26 February 2026. The Interim Dividend was payable to those Members whose names appeared in the Register of Members of the Company / records of the Depositories as on the Record Date, in accordance with the applicable provisions of the Companies Act, 2013 and SEBI Regulations.

The Interim Dividend declared by the Board was paid to the eligible Members within the prescribed period.

Further, the Board of Directors has not recommended any further/final dividend for the financial year ended 31 March 2026.

Accordingly, the total dividend declared for the financial year 2025-26 comprises the aforesaid Interim Dividend of Rs.0.10/- per Equity Share.

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.

CHANGE IN NATURE OF BUSINESS:

There was no change in the nature of business of the Company during the year. The company is mainly into the business of broking activities and cash and derivatives segment at BSE. The Companys main business is Investment in shares and Investment in Equity / Debt Mutual Funds.

CHANGE IN NAME OF THE COMPANY:

During the year under review, there was no change in name of the Company.

SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE COMPANY:

The Company does not have any Subsidiary, Associates or Joint Venture Companies as on 31^st March 2026. Hence, clause is not applicable.

MATERIAL CHANGES AND COMMITMENTS, IF ANY, 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:

There have been no material changes or commitments affecting the financial position of the Company which have occurred between the end of the financial year ended 31 March 2026 and the date of this Report.

Further, there have been no significant events or developments during the aforesaid period which would have a material impact on the financial position or operations of the Company and which are required to be reported pursuant to the provisions of Section 134(3)(l) of the Companies Act, 2013.

Accordingly, no material changes or commitments affecting the financial position of the Company have occurred between 31 March 2026 and the date of this Report.

SHARE CAPITAL:

During the financial year under review, there was no change in the Authorised, Issued, as at 31 March 2026, the Authorised Share Capital of the Company stood at Rs.30,00,00,000/- (Rupees Thirty Crores only) divided into 3,00,00,000 (Three Crores) Equity Shares of Rs.10/- each.

The Paid-up Equity Share Capital of the Company as at 31 March 2026 stood at Rs.28,49,78,800/- (Rupees Twenty-Eight Crores Forty-Nine Lakhs Seventy-Eight Thousand Eight Hundred only) comprising 2,84,97,880 Equity Shares of Rs.10/- each.

During the financial year under review, there was no change in the Authorised Share Capital or Paid-up Share Capital of the Company. The Company has neither issued nor allotted any Equity Shares or other securities during the financial year ended 31 March 2026.

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 stratmontindustriesltd@gmail.com.

DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Companys Board of Directors consists of distinguished individuals with proven competence and integrity. Besides strong financial acumen, strategic astuteness, experience and leadership qualities, they have a significant degree of dedication to the Company and invest adequate time to Meetings and preparation. In terms of requirement of Listing Regulations, 2015, the Board has defined fundamentals, skills, expertise and competencies of the Directors in the context of the Companys business for effective functioning and how the current Board of Directors is fulfilling the required skills and competences. As of March 31, 2026, the Board consisted of Five (5) Directors, following are as follow:

Sr. No Name and DIN	Designation
1. Mr. Sudhanshu Kumar Binod Kumar Mishra	Managing Director
2. Mr. Vatsal Agarwaal	Executive Director
3. Mr. Saumya Varma	Independent Director
4. Mr. Ashok Kumar Tyagi	Independent Director
5. Mr. Abhilash Bhaurao Borkar	Independent Director

A. CHANGE IN DIRECTORSHIP:

During the financial year ended 31 March 2026, there were changes in the composition of the Board of Directors of the Company.

Mr. Ganesh Yadav was appointed as a Director of the Company with effect from 30 April 2025, pursuant to the approval of the Board of Directors at its meeting held on the said date.

Subsequently, Mrs. Saumya Varma was appointed as an Additional Director in the category of Non-Executive Independent Woman Director of the Company with effect from 7 May 2025, subject to the approval of the Members of the Company, in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Further, Mr. Chinmoy Kumar Guha (DIN: 07706047), Independent Director of the Company, resigned from the office of Director of the Company with effect from the close of business hours on 20 February 2026, due to personal reasons. Consequent upon his resignation, he also ceased to be a member of the various Committees of the Board with effect from the said date.

Thereafter, Mr. Abhilash Bhaurao Borkar was appointed as an Additional Director in the category of Non-Executive Independent Director of the Company with effect from 20 February 2026, subject to the approval of the Members of the Company.

Consequent upon the aforesaid appointment, the Committees of the Board were reconstituted accordingly.

Accordingly, except for the aforesaid changes, there was no other change in the composition of the Board of Directors of the Company during the financial year ended 31 March 2026.

SUBSEQUENT CHANGES IN DIRECTORSHIP

Subsequent to the close of the financial year, there were further changes in the management/key managerial personnel of the Company. Mr. Ganesh Yadav ceased to hold the office of Chief Financial Officer of the Company with effect from 25 June 2026. Since such cessation relates to his position as CFO/KMP and not to his directorship, the same is not considered as a change in directorship.

B. DIRECTORS RETIRING BY ROTATION:

Pursuant to section 152 of the Companies Act 2013 and Regulation 36 SEBI (LODR) Regulations 2015 read with Secretarial Standard-2 on General Meetings the relevant rules made thereunder, Mr. Sudhanshu Kumar Mishra (DIN: 10686675) Director is liable to retire by rotation at the ensuing Annual General Meeting ("AGM") and being eligible for re-appointment, and has sought re-appointment.

Based on recommendation of the Nomination and Remuneration Committee, the Board of Directors has recommended their re-appointment and the matter is being placed for seeking approval of members at the ensuing Annual General Meeting of the Company.

None of the Directors of the Company are disqualified for being appointed as Directors as specified in Section 164(2) of the Companies Act, 2013 and Rule 14(1) of the Companies (Appointment and Qualification of Directors) Rules, 2014.

C. KEY MANAGERIAL PERSONNEL:

There has no change in designation of the 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 as on 31^st March, 2026:

1. Mr. Sudahnshu Kumar Mishra - Managing Director

2. Mr. Prashanta Kumar Mohanty - Company Secretary

3. Mr. Ganesh Yadav - Chief Financial Officer

INDEPENDENT DIRECTORS:

Statement on Declaration given by Independent Directors:

The Company has Three Independent Directors, namely Ms. Saumya Verma, Ashok Kumar Tyagi, and Mr. Abhilash Borkar. Each of them has submitted the requisite declarations under Section 149(7) of the Act, affirming that they meet the criteria of independence as outlined in Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI Listing Regulations.

In accordance with Regulation 25(8) of the SEBI Listing Regulations, all Independent Directors have further confirmed that they are not aware of any circumstances or situations that could impair their independence or affect their ability to exercise objective judgment free from external influence.

The Board of Directors has reviewed and duly noted these declarations and confirmations after conducting a thorough assessment of their accuracy. The Independent Directors have also affirmed compliance with the provisions of Schedule IV of the Act (Code for Independent Directors) and the Companys Code of Conduct. There has been no change in the status or circumstances that would affect their designation as Independent Directors during the reporting period.

Additionally, the Company has received confirmation from all Independent Directors regarding their registration in the Independent Directors databank, maintained by the Indian Institute of Corporate Affairs, in accordance with Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014.

Familiarization Programme for Independent Directors: -

Your Company has adopted a formal Familiarization Programme for Independent Directors to support their effective participation on the Board. As part of the familiarization process, the Company provides detailed insights into its business operations, industry dynamics, organizational structure, and group-level businesses. Independent Directors are also informed about the regulatory and compliance obligations under the Companies Act, 2013 and the SEBI Listing Regulations.

ANNUAL BOARD EVALUATION:

The Company has established a comprehensive framework for evaluating the performance of the Board of Directors, its Committees, and Individual Directors, in line with the requirements of Sections 134 and 178 of the Act, Regulation 17(10) of the SEBI Listing Regulations, and the Companys Nomination and Remuneration Policy.

As part of this evaluation process, structured and confidential questionnaires were circulated to all Directors to obtain feedback on various aspects of the Boards functioning, the effectiveness of its committees, and the performance of each Director.

The observations and responses received were compiled, analyzed, and subsequently presented to the Chairman of the Board for review and discussion.

The Evaluation of Directors covered several aspects, including their attendance and participation in meetings, understanding of the Companys operations and business environment, application of knowledge and expertise, quality of contributions to discussions, maintenance of confidentiality, integrity, and independent judgment. Directors were also evaluated on their alignment with the Companys core values, commitment to fiduciary responsibilities, and adherence to the Code of Conduct.

The Boards performance was assessed based on criteria such as the effectiveness of its oversight on compliance and governance matters, clarity in the roles of the Chairman and Executive/Non-Executive Directors, the diversity and mix of skills and expertise, strategic involvement, and overall guidance in areas such as risk management, financial reporting, ethics, and succession planning. Particular emphasis was placed on the Boards ability to provide strategic foresight and review the implementation of key initiatives and policies.

The evaluation of Committees considered their structure, independence, frequency of meetings, adherence to defined procedures, effectiveness in fulfilling their responsibilities, and the extent of their contribution to Board decisions. The Committees were also assessed on their ability to engage meaningfully with internal and external auditors, and their role in supporting oversight functions.

Based on the outcome, the Board concluded that the overall performance of the Board, its committees, and individual Directors, including Independent Directors, was found to be satisfactory.

BOARD COMMITTEES:

The Company has Three Board Committees as on March 31, 2026:

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.

PERFORMANCE OF THE BOARD AND COMMITTEES:

During the year under review, the performance of the Board & Committees and Individual Director(s) based on the below parameters was satisfactory:

i. All Directors had attended the Board meetings;

ii. The remunerations paid to Executive Directors are strictly as per the Company and industry policy.

iii. The Independent Directors only received sitting fees.

iv. The Independent Directors contributed significantly in the Board and committee deliberation and business and operations of the Company and subsidiaries based on their experience and knowledge and independent views.

v. The compliances were reviewed periodically;

vi. Risk Management Policy was implemented at all critical levels and monitored by the Internal Audit team who places report with the Board and Audit committee.

NUMBER OF MEETINGS OF THE BOARD:

During FY 2025-26, the Board of Directors met eight (8) times. The meetings were held on 07 May 2025, 29 May 2025, 26 July 2025, 13 August 2025, 11 November 2025, 14 November 2025, 14 February 2026 and 20 February 2026. The intervening gap between two consecutive meetings was within the prescribed statutory limit.

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.

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 Section 178 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:

i. in the preparation of the annual accounts for the financial year 2023-24, the applicable accounting standards had been followed and there are no material departures from the same.

ii. the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2024 and of the profit of the Company for that period;

iii. 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.

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

v. 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

vi. 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, 2026, have been disclosed in the Notes to the Financial Statements of the Company and is in compliance with provision of the Act and rules made thereunder.

VIGIL MECHANISM / WHISTLE BLOWER POLICY:

Your Company is committed to fostering a work environment that upholds the highest standards of safety, ethics, and legal compliance across all levels of its operations. To this end, a structured Vigil Mechanism / Whistle blower Policy have been implemented in line with the provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations 2015. The Policy is also available on the Companys official website i.e. stratmontindustriesltd@gmail.com.

There were no Complaints received for the financial year ended 31st March, 2026. CORPORATE SOCIAL RESPONSIBILITY:

During the financial year under review, the provisions of Section 135 of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time, were not applicable to the Company.

Accordingly, the Company was not required to undertake any Corporate Social Responsibility (CSR) activities during the financial year under review.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

The Management Discussion and Analysis Report for the year under review, as stipulated under the Regulation 34 read with Schedule V of SEBI Listing Regulations, forms part of this Annual Report and is annexed.

The states of the affairs of the business along with the financial and operational developments have been discussed in detail in the Management Discussion and Analysis 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.
(iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)
The details of technology imported;
The year of import;
Whether the technology been fully absorbed;
If not fully absorbed, areas where absorption has not taken place, and the reasons thereof;
(iv) The expenditure incurred on Research and Development	NIL

Foreign Exchange Earnings/ Outgo:

The details of Foreign Exchange Earnings and outgo are as follows:

Particulars	FY 2025-26	FY 2024-25
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 minimization 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"):

During the financial year under review, no application was made and no proceeding was pending against the Company under the Insolvency and Bankruptcy Code, 2016 ("IBC") before the National Company Law Tribunal ("NCLT") or any other competent authority.

Further, there was no instance of initiation of Corporate Insolvency Resolution Process ("CIRP") against the Company during the financial year ended 31 March 2026.

Accordingly, the disclosures relating to applications made or proceedings pending under the IBC, including details of their status at the end of the financial year, are not applicable to the Company.

DISCLOSURE ON ONE TIME SETTLEMENT:

During the year under review, there was no one-time settlement entered into by the Company with any bank, financial institution, or other lender. Accordingly, there is no disclosure required in respect of any one-time settlement or any corresponding amount of difference between the amount due and the amount actually settled. The Board confirms that no such event occurred during the financial year under review.

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:

A) Statutory Auditors & their Report:

M/s. Bhatter & Associates, Chartered Accountants (Firm Registration No. 131411W), are the Statutory Auditors of the Company and have audited the financial statements of the Company for the financial year ended 31 March 2026.

The Statutory Auditors Report on the financial statements of the Company for the financial year ended 31 March 2026 forms part of the Annual Report.

The observations made by the Statutory Auditors in their Report, read together with the relevant Notes to Accounts forming part of the financial statements, are self-explanatory and, therefore, do not call for any further explanation or comments from the Board.

The Statutory Auditors Report does not contain any qualification, reservation, adverse remark or disclaimer.

Further, the Statutory Auditors have not reported any instance of fraud under Section 143(12) of the Companies Act, 2013, during the financial year under review.

B) Secretarial Auditor & their Report:

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the rules made thereunder, the Company has appointed M/s. Shravan A. Gupta & Associates, Practicing Company Secretaries, to conduct the Secretarial Audit of the Company for the financial year ended 31 March 2026.

The Secretarial Audit Report in Form MR-3 for the financial year 2025-26, as issued by the Secretarial Auditor, forms part of this Annual Report and is annexed herewith as Annexure.

The observations, if any, made in the Secretarial Audit Report, read together with the relevant explanations and disclosures contained in the Annual Report, are selfexplanatory and do not call for any further explanation or comments from the Board.

C) 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 is firmly committed to fostering a safe, respectful, and inclusive workplace and maintains a zero-tolerance policy towards any form of discrimination or harassment. In alignment with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, the Company has implemented a comprehensive Anti-Harassment and Grievance Redressal Policy.

To ensure proper handling of such matters, an Internal Complaints Committee (ICC) is constituted at the Group level to address and resolve complaints related to sexual harassment in a timely and fair manner. The policy clearly outlines the procedures, roles, and responsibilities involved in addressing such concerns and aims to offer guidance and support to employees across all offices of the Company. The policy covers all women employees, including those who are permanent, temporary, or contractual. It is introduced to all employees during their induction.

During the financial year under review, the Company has not received any complaints pertaining to sexual harassment.

The details of complaints reported under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 during F.Y 2025-26 are as follows:

1. Number of complaints at the beginning of the financial year -Nil

2. Number of complaints filed and resolved during the financial year -Nil

3. Number of complaints pending at the end of the financial year -Nil

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.

CORPORATE GOVERNANCE:

The Company is committed to maintaining high standards of Corporate Governance and ensuring transparency, accountability and integrity in all its business operations. The Company has complied with the applicable provisions relating to Corporate Governance as prescribed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Companies Act, 2013 and other applicable laws, to the extent applicable to the Company.

A separate Corporate Governance Report, containing the requisite disclosures as prescribed under the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, forms an integral part of the Annual Report.

The Corporate Governance Report provides, inter alia, details regarding the composition of the Board of Directors, Board Meetings, various Board Committees and their meetings, attendance of Directors, related disclosures, compliance with applicable regulations and other matters relating to Corporate Governance.

The Company continues to endeavour to adopt and follow best practices in Corporate Governance and believes that sound Corporate Governance practices are essential for enhancing stakeholder confidence and ensuring sustainable growth of the Company.

The Corporate Governance Report for the financial year ended 31 March 2026 is annexed to and forms an integral part of this Annual Report.

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.

ACCOUNTING STANDARDS:

The Company has followed Indian Accounting Standards (IND AS) issued by the Ministry of Corporate Affairs in the preparation of its financial statements.

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.

	For and on behalf of
	Stratmont Industries Limited
	Sd/-	Sd/-
	Vatsal Agarwaal	Sudhanshu Kumar Binod Kumar
Date: 05th September, 2026	Director	Mishra
Place: Mumbai	DIN: 07252960	Managing Director
		DIN: 10686675