Supreme Holdings & Hospitality Ltd Directors Report

To,

The Members of

SUPREME HOLDINGS & HOSPITALITY (INDIA) LIMITED

Your Directors have pleasure in presenting Forty Third (43 ) Annual Report and Audited Accounts of the Company for the _inancial year ended 31 March, 2025.

FINANCIAL RESULTS AND THE STATE OF AFFAIRS:

A) Standalone

Particulars	FY 2024-25	FY 2023-24
Total Income	69,39,77,642	76,82,15,804
Total Expenditure (excluding depreciation)	55,32,47,803	65,23,95,123
Pro_it before depreciation and Tax	14,07,29,839	11,58,20,681
Depreciation	36,99,980	36,63,955
Pro it before Tax	13,70,29,859	11,21,56,726
Tax Expenses:
Current Tax	3,45,51,107	3,62,49,634
Deferred Tax (net)	(15,09,999)	8,63,473
Net Pro it for the year	10,39,88,750	7,50,43,619
Other Comprehensive Income (Net of Tax)	38,79,684	9,90,728
Total Comprehensive Income	10,78,68,434	7,60,34,347

B) Consolidated

Particulars	FY 2024-25	FY 2023-24
Total Income	69,77,83,055	77,80,73,221
Total Expenditure (excluding depreciation)	55,57,66,946	65,65,47,647
Pro it before depreciation and Tax	14,20,16,110	12,15,25,574
Depreciation	36,99,980	36,63,955
Pro it before Tax	13,83,16,130	11,78,61,619
Tax Expenses:
Current Tax	3,47,68,306	3,80,22,565
Deferred Tax (net)	(15,09,999)	8,63,473
Net Pro it for the year before Non- Controlling interest	10,50,57,823	7,89,75,581
Share of Pro it transferred to
Minority Interest	1,06,223	3,90,992
Pro_it after tax & Non Controling Interest	10,49,51,600	7,85,84,589
Other Comprehensive Income (Net of Tax)	38,79,684	9,90,728
Total Comprehensive Income	10,88,31,284	7,95,75,317

REVIEW OF OPERATIONS:

The Company is operating in the construction and development of residential and commercial projects.

The revenue from real estate activity is recognised in accordance with the "Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable)" issued by the Institute of Chartered Accountants of India (ICAI).

During the _inancial year under review, the total income of the Company was at Rs. 69,39,77,642 /- as compared to Rs. 76,82,15,804/- in the previous year. The Company has reported net pro it of Rs. 10,39,88,750 /- during the _inancial year under review as against pro it of Rs. 7,50,43,620/- in the previous year.

Tracking Records for the year

The Company has consistently upheld an outstanding track record of performance, and following a landmark year by completing both the projects and getting listed on the National Stock Exchange of India Limited in January 2025. At Belmac Residences, Pune, we successfully delivered the _inal Tower B along with several key amenities, all on schedule. With the _inal tower being completed in May 2025, the project is successfully completed.

Along with the Clubhouse the delivered amenities at Belmac Residences, Pune include the landscape garden, football court, box cricket, business center, toddler play area, kids play area, dog park, gymnasium, spa, yoga centre, games room, family lounge, banquet hall with spill over Garden and a state of art swimming pool and much more, offering residents a lifestyle of comfort and community. In our township project at Belmac Riverside, Panvel, we proudly delivered and handed over homes in the _inal tower Terra Gold. With the _inal tower completed in August 2024, the project is successfully completed.

Belmac Riverside is now home to over 200 families. Along with the Terra Mustard tower allocated to economically weaker sections of society as part of the governments Housing for All initiative, the delivered amenities at Belmac Riverside, Panvel, include dedicated garden for each phase Sky, Aqua & Terra Gardens, central lawn, pergola stage, pizza oven, pet park, kids play area, basketball court, volleyball court, cricket turf, multipurpose stage and much more. At Belmac, our unwavering commitment lies in delivering on our promises and fostering transparent, long-term relationships with our customers. We continue to strive for excellence, shaping communities where people feel proud to live.

Economy and Market Outlook

In 2024, Indias real estate industry demonstrated notable resilience and adaptability, marked by innovation and a progressive shift in the standards of luxury and sustainability. The sector experienced signi icant evolution across both residential and commercial segments, driven by substantial infrastructure development, heightened consumer expectations, and a surge in investments across Tier 1 and Tier 2 urban centres.

Luxury housing continued its upward climb, driven by rising incomes and changing lifestyle preferences. The green building sector is witnessing substantial investments aimed at enhancing the energy ef_iciency of commercial properties. This trend is primarily driven by the imperative to reduce operational costs, increase asset value, and achieve sustainability objectives. Major investment _irms and climate-focused funds are actively allocating capital towards the retro itting and development of commercial buildings incorporating environmentally sustainable technologies. The sector is expected to thrive amid expanding commercial operations and rising incomes, with a substantial US$24.7 trillion investment opportunity in green buildings by 2030. There is a discernible and accelerating shift in consumer preference toward energy-ef icient and environmentally responsible housing across the residential, commercial, and industrial sectors.

During the year India witnessed robust infrastructure development, underpinned by a record capital outlay of 11.11 lakh crore, constituting 3.4% of GDP. Key initiatives included the expansion of the National Highways network, accelerated implementation of the PM Gati Shakti Master Plan, and enhanced urban connectivity through metro and airport projects. The government also promoted private sector participation via viability gap funding and introduced policy frameworks to support sustainable and integrated infrastructure growth across sectors

Completed Projects

Belmac has successfully delivered two landmark township projects Belmac Residences in Pune and Belmac Riverside in Panvel. Both developments were completed within the committed timelines, exemplifying Belmacs dedication to quality, transparency, and timely execution. These premium projects re lect the companys vision of creating thoughtfully designed, community-centric living spaces that enhance residents quality of life.

Belmac Residences, located in the prime locale of New Kalyani Nagar, Belmac Residences is a luxury township spread across 6 acres, featuring 6 opulent towers and 40+ world-class amenities. Designed to provide a re ined and peaceful living experience, the project offers spacious apartments that combine elegance with functionality. The _inal tower, B In inity, was completed in May 2025, marking the successful conclusion of the project, cementing Belmacs commitment to delivering joyful, community-driven living.

Belmac Riverside, Strategically located in Panvel, at the heart of the Mumbai Metropolitan Region (MMR), Belmac Riverside is a beautifully crafted township spanning 5.5 acres. The project features 4 residential towers and dedicates a remarkable 85.5% of its space to open and green areas, promoting wellness and serene living. Completed with robust infrastructure and seamless connectivity, the project offers 20+ premium amenities..

Insight into our Future

Recognizing the dynamic transformation and immense growth potential of Panvel, Belmac is gearing up to introduce its next iconic residential development: Belmac Codename. This phenomenal mega township, sprawling across 11.43 acres of prime land, will embody cutting- edge architecture and contemporary design elements. Crafted to cater to the aspirations of modern homebuyers, it will feature a comprehensive range of lifestyle amenities, setting a new benchmark for urban living in the region. Belmac Codename will stand as a landmark development strategically located, masterfully planned, and distinctly designed to deliver both comfort and distinction in equal measure. Further strengthening our presence in Panvel, we are in advanced stages of planning for the _irst neo-classical style residential project in the city. Situated in Town Planning Scheme-2 within the NAINA area, this upcoming development will blend timeless architecture with modern functionality. Construction currently in progress, and more details will be unveiled as the project evolves.

DIVIDEND:

The Board, exercising _inancial prudence, has opted to retain earnings to support uninterrupted operations and future strategic requirements. Consequently, no dividend has been proposed for the _inancial year 2024 25.

TRANSFER TO RESERVES:

The Company has not transferred any amount to the reserves during the _inancial year 2024-25.

SHARE CAPITAL:

The authorized share capital of the Company is Rs. 40,00,00,000 divided into 4,00,00,000 Equity Shares of Rs. 10/- each. At the beginning of the _inancial year under review, the issued, subscribed and fully paid up capital of the Company was Rs. 37,17,68,530/-divided into 3,71,76,853 Equity Shares of Rs. 10/- each. During the _inancial year under review, following change took place in the share capital of the Company:

On October 29, 2024, the Company issued 14,70,000 Equity Shares of Rs. 10/- each, on preferential basis.

Post aforesaid change, the issued, subscribed and fully paid up capital of the Company was Rs. 38,64,68,530/- divided into 3,86,46,853 Equity Shares of Rs. 10/- each

There was no buyback offer made by the Company during the _inancial year under review.

CHANGE IN NATURE OF BUSINESS:

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

DEPOSITS UNDER CHAPTER V OF COMPANIES ACT, 2013:

During the _inancial year under review, your Company did not accept any deposit within the meaning of the provisions of Chapter V Acceptance of Deposits by Companies, of the Companies Act, 2013 read with the Companies (Acceptance of Deposits) Rules, 2014. Hence, no amount on account of principal or interest on public deposits was outstanding as on the date of the balance sheet.

PARTICULARS OF LOANS, GUARANTEES, SECURITIES OR INVESTMENTS UNDER SECTION 186:

The particulars of loans, guarantees and investments as per Section 186 of the Companies Act, 2013 by the Company, have been disclosed in the _inancial statements provided in this annual report.

TRANSFER TO INVESTOR EDUCATION AND PROTECTION FUND:

The Company has not transferred any shares to the Investor Education and Protection Fund established by the Central

Government for the _inancial year under review.

EXTRACT OF ANNUAL RETURN:

As per the requirements of Section 92(3) of the Act and Rules framed thereunder, the extract of the Annual Return for FY 2024-25 is uploaded on the website of the Company www.supremeholdings.net.

PARTICULARS OF EMPLOYEES:

The information on employee particulars as required under Section 197(12) of the Act read with Rule 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 as amended from time to time, are given in "Annexure I", forming part of this report.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES:

All contracts, arrangements and transactions entered into by the Company during the _inancial year under review with related parties were on an arms length basis and in the ordinary course of business.

All Related Party Transactions were placed before the Audit Committee for approval. Omnibus approval of the Audit Committee was obtained for the transactions which were of a repetitive nature. The transactions entered into pursuant to the omnibus approval so granted were reviewed and statements giving details of all related party transactions were placed before the Audit Committee on a quarterly basis.

The policy on Related Party Transactions is hosted on the website o f t h e C o m p a n y u n d e r t h e w e b l i n k https://supremeholdings.net/company-policies

SUBSIDIARY COMPANY:

Your Company has two Wholly Owned Subsidiary Companies namely Helmet Traderz Limited and Belmaac City Developers Private Limited and one Subsidiary Company namely Visana Infrastructure Private Limited as on 31st March, 2025.

As per the provisions of Section 129 of the Companies Act, 2013 read with Rule 5 of Companies (Accounts) Rules, 2014, a separate statement containing the salient features of the Financial Statements of the Subsidiary Companies/ Associate Companies/Joint Ventures as at 31 March, 2025 in Form AOC-1 is annexed to this Boards Report in "Annexure II".

The policy on determining Material Subsidiaries as approved by the Board is hosted on the website of the Company under the web link https://supremeholdings.net/company-policies

NOMINATION AND REMUNERATION COMMITEE:

The Company has in place a Nomination and Remuneration Committee in accordance with the requirements of the Companies Act, 2013 read with the rules made thereunder and Regulation 19 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details relating to the same are given in "Annexure III" - Report on Corporate Governance forming part of this Board Report.

MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINANCIAL POSITION OF THE COMPANY:

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

VIGIL MECHANISM/WHISTLE BLOWER POLICY:

The Company has a Whistle Blower Policy and has established the necessary vigil mechanism for Directors and employees in con irmation with Section 177(9) of the Act and Regulation 22 of Listing Regulations, to report concerns about unethical behaviour. This Policy is available on the Companys website on under the web link https://www.supremeholdings.net/company-policies.

CORPORATE GOVERNANCE REPORT AND MANAGEMENT DISCUSSION AND ANALYSIS REPORT

Your Company continues to be committed to good corporate governance aligned with the best corporate practices. It has also complied with various standards set out by Securities and Exchange Board of India, the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE). The Management Discussion and Analysis Report for the _inancial year 2024-25, as stipulated under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 forms part of the Annual Report.

For the _inancial year ended March 31, 2025, your Company has complied with the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable rules and regulations with respect to Corporate Governance, except as expressly stated in Annexure III Report on Corporate Governance.

A certi icate from a Practising Company Secretary obtained by the Company regarding such compliance of conditions of Corporate Governance is annexed to the Corporate Governance Report which forms part of the Annual Report.

RISK MANAGEMENT:

The Company has adequate risk assessment and mitigation policy commensurate with size and nature of business to ensure that all the current and future material risk exposures of the Company are identifiied, assessed, quanti_ied, appropriately mitigated, minimised and managed. There are no elements of risk which in the opinion of the Board may threaten the existence of the Company.

DIRECTORS AND KEY MANAGERIAL PERSONNEL:

In accordance with the provisions of Section 152 of the Companies Act, 2013 and in terms of the Articles of Association of the Company, Mr. Vidip Jatia (DIN: 06720329), retires by rotation at the forthcoming Annual General Meeting and, being eligible, offers himself for reappointment.

The term of appointment of Mr. Vidip Jatia, Managing Director and Mrs. Namita Jatia, Whole-time Director will expire on May 12, 2026 and February 13, 2026 respectively and the proposal for their reappointment effective from May 13, 2026 and February 14, 2026 for a further term of _ive years are included in the notice to the Annual General Meeting for approval of the Members.

Mrs. Shruti Sunil Jatia (DIN: 05009237) resigned from the post of Independent Directorship of the Company with effect from 16th April, 2024. The Board placed on record her appreciation for the assistance and guidance provided by her during her tenure as the Independent Director of the Company.

Further, during the _inancial year under review there were no other change in composition of Board of Directors of the Company.

The Company has appointed Mr. Ashok Chabildas Shah (DIN: 00077889) as an Additional Non-Executive Independent Director of the Company, to hold the of ice for the term of 5 consecutive years with effect from April 07, 2025 upto and including April 06, 2030. The said appointment has been approved by the Shareholders of the Company at their Extra Ordinary General Meeting held on July 05, 2025.

During the _inancial year under review following changes took place in respect of Key Managerial Personnel:

· Pursuant to the recommendation of the Nomination and Remuneration Committee, the Board at its Meeting held on June 04, 2024, approved the appointment of Mr. Rohan Chinchkar (ACS 56176) as the Company Secretary and Compliance Of icer with effect from June 04, 2024.

DECLARATION OF INDEPENDENCE:

The Company has received Declarations of Independence as stipulated under Section 149(7) of the Companies Act, 2013 from Independent Directors con irming that he/she is not disquali ied from appointing/continuing as Independent Director as laid down in section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Independent Directors have complied with the Code for Independent Directors prescribed in Schedule IV to the Companies Act, 2013.

The Independent Directors have also con irmed that they are not aware of any circumstance or situation which exists or may be reasonably anticipated that could impair or impact their ability to discharge their duties.

The Board of Directors, based on the declaration(s) received from the Independent Directors, have veri ied the veracity of such disclosures and con irm that the Independent Directors ful il the conditions of independence speci ied in the Listing Regulations and the Companies Act, 2013 and are independent of the management of the Company.

In the opinion of the Board, all the Independent Directors are persons possessing attributes of integrity, expertise and experience as required under the applicable laws, rules and regulations.

The Company has issued letters of appointment/ reappointment to Independent Directors in the manner as provided under Companies Act, 2013.

ANNUAL EVALUATION OF THE PERFORMANCE OF THE BOARD, COMMITTEES AND DIRECTORS:

The Board of Directors has carried out an annual evaluation of its own performance, Board Committees, and Individual Directors pursuant to the provisions of the Companies Act, 2013 and SEBI

(Listing Obligations & Disclosure Requirements) Regulations, 2015.

In a separate meeting of Independent Directors, performance of Non-Independent Directors, the Board as a whole and the Chairman of the Company was evaluated. Further, the Independent Directors in the said meeting had also assessed the quality, quantity and timeliness of _low of information between the Company management and the Board.

Performance evaluation of Independent Directors was done by the entire board, excluding the Independent Director being evaluated.

The performance evaluation of the Board was based on the criteria such as the board composition and structure, information and functioning, succession planning, strategic planning, etc.

The performance evaluation of the committees was based on the criteria such as structure of the committee and meetings, effectiveness of committee meetings, frequency of the meetings, etc.

FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS:

Pursuant to requirements of Regulation 25 of SEBI Listing Regulations, 2015, your Company has in place the familiarisation programme for Independent Directors with regard to their role, duties and responsibilities, nature of the industry in which the Company operates, business/operating model of the Company etc. The Board Members are provided with all necessary documents/reports and internal policies to enable them to familiarise with the Companys procedures and practices. The details of the training and familiarization program are provided in the Corporate Governance report.

The Companys Policy of conducting the familiarization programme has been hosted on the website of the Company under the web link https://www.supremeholdings.net/company-policies.

NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS:

During the _inancial year under review, Seven (7) Board Meetings were held. The details of which are given in the Corporate Governance Report, which forms a part of the Annual Report. The intervening gap between the meetings was within the period prescribed under the Companies Act, 2013.

KEY MANAGERIAL PERSONNEL:

Pursuant to the provisions of the Section 203 of the Companies Act, 2013, the Key Managerial Personnel of the Company as on the date of this Report are:

- Mr. Vidip Jatia, Chairman, Managing Director and Chief Financial Of icer

- Mrs. Namita Jatia, Whole-time Director

- Mr. Rohan Chinchkar, Company Secretary & Compliance Of icer

DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to the requirement under section 134 (3) (c) of the Companies Act, 2013 with respect to Directors responsibility statement it is hereby con irmed: i) That in the preparation of the accounts for the _inancial year ended 31 March, 2025, the applicable Accounting Standards have been followed along with proper explanations relating to material departures; ii) That 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 a airs of the Company at the end of the _inancial year and of the pro it of the Company for that period;

iii) That the Directors have taken proper and suf icient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

iv) That the Directors have prepared the accounts on a going concern basis;

v) That Directors had laid down internal _inancial controls to be followed by the Company and that such internal _inancial controls are adequate and were operating effectively;

vi) That 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.

COMMITTEES OF BOARD:

Committees appointed by the Board focus on speci ic areas and take informed decisions within the framework of delegated authority and make speci ic recommendations to the Board on matters in their areas or purview.

· Audit Committee

· Nomination and Remuneration Committee

· Corporate Social Responsibility Committee

· Stakeholders Relationship Committee

The details pertaining to the composition of the Committees are included in the Corporate Governance Report, which is a part of this report. However, the Company is not required to form/maintain Risk Management Committee as it is applicable to top 1000 listed companies.

AUDITORS AND AUDITORS REPORT:

The Shareholders of the Company at the Forty Second Annual General Meeting (AGM) held on September 27, 2024, had re-appointed M/s. Mittal Agarwal & Co., Chartered Accountants (Firm Registration No. 131025W) as Statutory Auditors of the Company for a period of 5 years commencing from the conclusion of Forty Second AGM till the conclusion of the Forty Seventh AGM. The Report given by the Auditors on the Financial Statements of your Company forms part of this Annual Report.

There are no quali ications, reservations, adverse remarks or disclaimers made by M/s. Mittal Agarwal & Co., Statutory Auditors in their Report for FY 2024-25. The Statutory Auditors have not reported any incident of fraud to the Audit Committee of the Company during the _inancial year under review.

SECRETARIAL AUDITOR:

In compliance with Regulation 24A of the SEBI Listing Regulations and Section 204 of the Act, the Board at its meeting held on May 30, 2025, based on recommendation of the Audit Committee, has approved the appointment of M/s. Khyati Shah & Co., Practising Company Secretaries, a peer reviewed proprietorship _irm (FCS: 8686; CP No.: 9574) as Secretarial Auditors of the Company for a term of _ive consecutive years commencing from FY 2025-26 till FY 2029-30, subject to approval of the Members at the ensuing AGM.

The Report of the Secretarial Auditor in Form MR-3 for FY 2024-25 is appended as "Annexure IV" to this Boards Report.

Quali ication made by secretarial auditor -

1. There was a delay of 6 (six) days in the appointment of the Company Secretary as Compliance Of icer as per Regulation 6 of SEBI (LODR). BSE Limited imposed a monetary penalty on the Company for the said non-compliance and the same was paid.

2.There was a delay in submission of proceedings of Annual General Meeting of the Company held on September 27, 2024. Subsequently, the Company _iled revised Corporate announcement along with explanation for delayed submission.

Explanation by Board -

1. The Company has paid the requisite amount of _ine and has taken necessary steps to avoid such instances of delays.

2. The Company _iled revised Corporate announcement along with explanation for delayed submission and has taken necessary steps to avoid such instances of delays.

The Secretarial Auditor has not reported any incident of fraud during the _inancial year under review.

INTERNAL AUDITOR:

Your Company has appointed M/s. M J S P & Associates, Chartered Accountants (FRN: 147743W) be and are hereby appointed as Internal Auditors of the Company pursuant to the provisions of Section 138 of the Companies Act, 2013 and the Companies (Accounts) Rules, 2014, in the Board Meeting held on 27 May, 2024 for the _inancial year 2024-25.

DISCLOSURE REQUIREMENTS:

The various policies and codes adopted by the Company are stated in detail in the Corporate Governance Report of the Company, which forms part of the Annual Report.

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.

DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS:

Your Directors are pleased to inform you that the Company got listing approval from National Stock Exchange of India Limited vide letter NSE/LIST/185 dated January 31, 2025 and securities of the Company were listed and admitted to dealings on the Exchange w.e.f. February 03, 2025. This approval by the NSE constitutes a signi icant regulatory milestone for the Company.

During the _inancial year under review, the Company submitted an application to the Reserve Bank of India (RBI) on January 17, 2024, seeking compounding of a contravention under the Foreign Exchange Management Act, 1999, relating to a delayed _iling of an earlier Form FC-GPR (Part A). The RBI, after reviewing the application, compounded the contravention vide its Compounding Order dated July 2, 2024, upon payment of a compounding fee of 22,500/-. The Company has duly complied with all requirements stipulated in the said order.

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

A. Conservation of Energy

i. The steps taken or impact on conservation of energy:

Though our operations are not energy - intensive, efforts have been made to conserve energy by utilizing energy- ef icient equipment.

ii. The steps taken by the Company for utilizing alternate sources of energy:

The Company is using electricity as the main source of energy and is currently not exploring any alternate source of energy. In future your Company will take steps to conserve energy and use alternative sources of energy such as solar energy.

iii. The Capital investment on energy conservation equipment:

Your Company _irmly believes that our planet is in dire need of energy resources and conservation is the best policy. Your Company has not made any investment on energy conservation equipment.

B. Technological Absorption:

i. The efforts made towards technology absorption:

During the inancial year the Company does not have any plant & machinery. Therefore, no technology absorption and research and development activity are carried out.

ii. The bene its derived like product improvement, cost reduction, product development or import substitution:

No such speci ic bene it derived during the _inancial year due to technology absorption. iii. In case of imported technology (imported during the last three years reckoned from the beginning of the _inancial year:

No technology has been imported by the Company. iv. The expenditure incurred on Research and Development: NIL

C. Foreign Exchange Earnings and Outgo

Foreign Exchange Earning: Nil (Previous year- Nil)

Foreign Exchange Outgo: Sales and Marketing Expenses and Foreign Travelling Expenses- Rs. 2.84 lakhs (Previous Year-Rs. 6.05 lakhs)

DISCLOSURE UNDER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION & REDRESSAL) ACT, 2013:

The Company has zero tolerance for sexual harassment at workplace and has adopted a Policy on Prevention, Prohibition and Redressal of Sexual Harassment at workplace in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH) and the rules made thereunder. The Policy aims to provide protection to employees at 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.

Further, the Company has complied with provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

No complaints were received by the Company during the F.Y. 2024-25.

COMPLIANCE WITH THE MATERNITY BENEFIT ACT, 1961

The Company has complied with the provisions of the Maternity Bene it Act, 1961, including all applicable amendments and rules framed thereunder. The Company is committed to ensuring a safe, inclusive, and supportive workplace for women employees. All eligible women employees are provided with maternity bene its as prescribed under the Maternity Bene it Act, 1961, including paid maternity leave, nursing breaks, and protection from dismissal during maternity leave.

The Company also ensures that no discrimination is made in recruitment or service conditions on the grounds of maternity. Necessary internal systems and HR policies are in place to uphold the spirit and letter of the legislation.

GENDER-WISE COMPOSITION OF EMPLOYEES

In alignment with the principles of diversity, equity, and inclusion (DEI), the Company discloses below the gender composition of its workforce as on the March 31, 2025.

Male Employees: 12 Female Employees: 7 Transgender Employees: 0

This disclosure reinforces the Companys efforts to promote an inclusive workplace culture and equal opportunity for all individuals, regardless of gender.

INTERNAL FINANCIAL CONTROL AND ITS ADEQUACY:

Your Company has implemented Internal Financial Controls over _inancial reporting through policies, procedures and guidelines. The controls are tested for its effectiveness. The approved schedule of powers is used to control the approval process for various activities, based on hierarchical value limits and segregation of duties.

A combination of these system enables your Company to maintain a robust design of controls and its operating effectiveness is ensured through periodical internal checks and audit.

CORPORATE SOCIAL RESPONSIBILITY:

In compliance with the requirements of Section 135 of the Companies Act, 2013 read with the applicable rules made there under, the Company has a duly constituted CSR Committee. The details of the Committee are provided in the Corporate Governance Report of the Company, which forms part of the Annual Report.

The contents of the CSR Policy of the Company as approved by the Board on the recommendation of the CSR Committee is available on the website of the Company and can be accessed through the web link https://www.supremeholdings.net/company-policies.The Annual Report on CSR activities in terms of the requirements of Companies (Corporate Social Responsibility Policy) Rules, 2014 is annexed as "Annexure - V", which forms part of this Report.

DETAILS OF FRAUDS REPORTED BY AUDITORS

There were no frauds reported by the Statutory Auditors under the provisions of Section 143(12) of the Companies Act, 2013 and the Rules made there under.

DETAILS OF APPLICATION / ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

Neither any application was made nor any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) during the _inancial year under review.

DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE REASONS THEREOF

As Company has not done any one-time settlement during the _inancial year under review hence no disclosure is required.

MAINTENANCE OF COST RECORDS:

The Company is required to maintain cost records as speci ied under Section 148 (1) of the Companies Act, 2013 and such accounts and records are made and maintained by the Company for the _inancial year 2024-25.

ACKNOWLEDGEMENTS:

The Board of Directors wish to place on record their sincere appreciation and acknowledge with gratitude the support and co-operation extended by all the Government agencies, shareholders and employees at all levels and look forwards for their continued support.

	For and on behalf of the Board
	Sd/-	Sd/-
	Vidip Jatia	Namita Jatia
Place: Pune	Chairman & Managing Director	Executive Director
Date: 21 August, 2025	DIN 06720329	DIN: 07660840