Eforu Entertainment Ltd Directors Report

Dear Member,

Your Director s have pleasure in presenting the 32 nd Annual Report along with the audited statements of accounts of your Company for the financial year ended 31st March, 2026.

FINANCIAL RESULTS :

The audited financial statements of the Company as on March 31, 2026 are prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and provisions of the Companies Act, 2013 (Act).

The Financial highlight is depicted below:

(Rs. In Lakhs, except Earnings per share)

Particulars	Year ended on 31.03.2026	Year ended on 31.03.2025
Revenue from operations	132.92	25.95
Other Income	35.63	267.70
Total Income	168.55	293.65
Less: Finance Costs	0.22	0.73
Less: Depreciation and amortization expense	0.04	0.25
Less: Purchase of traded goods	-	-
Less: Cost of Material Consumed	-	-
Less: Changes in inventories of finished goods, work-in- progress and stock -in-trade	-	-
Less: Employee benefit expense	36.38	12.18
Less: Doubtful Debt	-	-
Less: Other expenditure	45.03	12.85
Profit/(Loss) before Exceptional Items and Tax	86.87	267.64
Exceptional Items	-	-
Profit/(Loss) before Tax	86.87	267.64
Less: Tax Expenses	0.04	1.29
Profit/(Loss) after Tax	86.83	266.35

RESULTS OF OPERATIONS AND STATE OF COMPANY S AFFAIRS :

During the year under review company has revenue from operations of Rs. 132.92 Lakhs as against Rs. 25.95 Lakhs in the previous year. Other Income for the financial Year 2025-26 stood at Rs. 35.63 Lakhs as against Rs. 267.70 Lakhs in the previous year. The Company reported a Profit of Rs. 86.83 Lakhs for the financial year 2025-26 as compared to Profit of Rs. 266.35 Lakhs in the previous financial year.

TRANSFER TO RESERVES :

The Board of Directors has decided to retain the entire amount of profits in the profit and loss account.

SHARE CAPITAL :

Authorised Capital:

The Authorised Share Capital of the Company as on March 31, 2026 stood at Rs. 8,00,00,000 divided into 80,00,000 equity shares of Rs. 10 each.

Issued, Subscribed and Paid-up Capital:

The Issued and Subscribed Share Capital of the Company as on March 31, 2026 is Rs. 5,99,19,000 comprising of 59,91,900 equity shares of Rs.10 each.

Paid-up Share Capital of the Company as on March 31, 2026 is Rs. 5,97,90,000, comprising of 59,79,000 equity shares of Rs.10 each.

12,900 Equity Shares have been forfeited by the Company in the Board Meeting held on October 28, 2013

During the year under review, the Company has not issued any shares or convertible securities or shares with differential voting rights nor has granted any stock options or sweat equity or warrants as on March 31, 2026, none of the Directors of the Company hold instruments convertible into Equity Shares of the Company.

However, after the end of the financial year, the company has allotted 15,48,500 Equity shares on 05/08/2026 to Promoter and Non-promoter category through Preferential issue under private placement basis.

CHANGE IN THE NATURE OF BUSINESS, IF ANY:

During the year under review, there was a change in the nature of business of the Company. Pursuant to the approval of the members by way of a Special Resolution passed at the Annual General Meeting held on 30 th September 2025, the Memorandum of Association was amended to include Film Production as an additional main object of the Company.

Accordingly, the Company s objects now include Event Management, Social Media Marketing and Film Production, as its existing main objects.

CHANGE IN NAME OF THE COMPANY:

During the year under review, the members change the name of the Company from Tavernier Resources Limited to EFORU Entertainment Limited by passing special resolution through postal ballot dated September 19, 2025 and January 11, 2026.

DIVIDEND :

During the year under review, the Board of Directors has not recommended any dividend on the Equity Shares of the Company.

PUBLIC DEPOSITS :

The Company has not accepted any deposits from the public, within the meaning of Section 73 of the Act, read with the Companies (Acceptance of Deposits) Rules,2014 and hence there are no unpaid/unclaimed deposits nor there is any default in repayment thereof

MATERIAL CHANGES AND COMMITMENTS:

There have been no material changes and commitments affecting the financial position of the Company between the end of the financial year and date of this report.

MANAGEMENTS DISCUSSION AND ANALYSIS REPORT :

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

SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES :

The Company has no Subsidiaries, Joint Ventures and Associate Companies.

DIRECTORS RESPONSIBILITY STATEMENT :

Based on the framework of internal financial controls and compliance systems established and maintained by the Company, work performed by the Internal, Statutory and Secretarial Auditors, including audit of internal financial controls over financial reporting by the Statutory Auditors and the reviews performed by the Management and the relevant Board Committees, including the Audit Committee, the Board is of the opinion that the Companys internal financial controls were effective during F.Y. 2025-26.

Accordingly, pursuant to the requirements of sub section (3)(c) and sub section (5) of Section 134 of the Act, with respect to Directors Responsibility Statement it is hereby confirmed that:

a) in the preparation of the annual accounts for the year ended March 31, 2026, the applicable accounting standards read with requirements set out under Schedule III to the Act, have been followed and there are no material departures from the same;

b) the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2026 and of the profit & loss of the Company for the year ended on that date;

c) the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) the Directors have prepared the annual accounts for the financial year ended March 31, 2026 on a going concern basis;

e) the Directors have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and are operating effectively; and

f) the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

CORPORATE GOVERNANCE :

The Company is not required to comply with the provisions of Regulation17 to Regulation 27 and clause(b) to clause (i) of sub regulation (2) of Regulation 46 and Para C, D and E of Schedule V as mentioned in Regulation 15 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as the Paid-up Share Capital of the Company is less than Rs.10,00,00,000 (Rupees Ten Crores Only) and the Net Worth of the Company is also less than Rs. 25,00,00,000 (Rupees Twenty-Five Crores Only) based on the Annual Audited Financial Results of the Company for the year ended March 31, 2026.

CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES UNDER SECTION 188 OF THE COMPANIES ACT,2013 :

Contracts or arrangements with related parties referred to under Section 188 of the Act, entered into during the year under review, were on an arm s length basis. No material contracts or arrangements with related parties were entered into during the year under review. Accordingly, transactions are being reported in Form AOC-2 in terms of section 134 of the Act which is annexed as Annexure II to this Report.

CORPORATE SOCIAL RESPONSIBILITY (CSR) :

During the Financial Year under review, the provisions of section 135 of the Companies Act, 2013 pertaining to Corporate Social Responsibility are not applicable to the company.

RISK MANAGEMENT POLICY :

Pursuant to the requirement of Section 134(3)(n) of the Act, the Company has in place a structured risk management policy. The Company believes that managing risks helps in maximising returns. The Risk management process is designed to safeguard the organisation from various risks through adequate and timely actions. It is designed to anticipate, evaluate and mitigate risks in order to minimize its impact on the business.

The Risk Management Policy is designed to assist the Board in its oversight of various risks, review and analyse the risk exposure related to specific issues, provide oversight of risk across the organisation.

INTERNAL CONTROL SYSTEM :

EFORU Entertainment Limited (Formerly known as Tavernier Resources Limited) internal control system is designed to ensure operational efficiency, protection, accuracy and promptness in financial reporting and compliance with laws and regulations. The internal control system is supported by an internal audit process for reviewing the design, adequacy and efficacy of the Companys internal controls, including its systems and processes and compliance with regulations and procedures. Internal Audit Reports are discussed with the Management and are reviewed by the Audit Committee of the Board and necessary corrective actions are taken.

INTERNAL FINANCIAL CONTROLS AND THEIR ADEQUACY :

The Company has put in place adequate policies and procedures to ensure that the system of internal financial control is commensurate with the size and nature of the Companys business. The Audit Committee of the Board of Directors actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen the same.

A regular audit and review processes ensure that the controls are reinforced on an ongoing basis. Such controls have been assessed during the year taking into consideration the essential components of internal financial controls. There are no reportable material weaknesses or significant deficiencies in the design or operation of internal financial controls were observed, during the year ended March 31, 2026. Based on the above, the Board believes that adequate Internal Financial Controls exist and are effective.

BOARD S OPINION ON THE INTEGRITY, EXPERTISE, AND EXPERIENCE OF INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR

The Board of Directors is pleased to affirm its strong confidence in the integrity, expertise, and experience of the independent directors appointed during the year. Each appointee has demonstrated exceptional proficiency in their respective fields, bringing invaluable knowledge and strategic insight to the Board. The appointment process involved a rigorous selection procedure, ensuring that candidates possessed not only the necessary skills and qualifications but also upheld the highest standards of ethical conduct and corporate governance. The Board believes that the independent directors appointed possess the integrity, objectivity, and independence required to make impartial judgments, safeguard shareholder interests, and effectively challenge management. The diverse backgrounds and experiences of these directors, encompassing a wide range of industries and disciplines, significantly enhance the overall governance framework of the Company. Their professional expertise, combined with a deep understanding of the industry, ensures that the Board is well-equipped to navigate complex business challenges and drive the Companys long-term success. In conclusion, the Board is confident that the independent directors will continue to make meaningful contributions to the Company s growth, governance, and overall success.

NOMINATION AND REMUNERATION POLICY :

In terms of requirements prescribed under Section 178(3) of the Companies Act, 2013, the Company has formulated the Nomination and Remuneration Policy inter-alia providing the terms for appointment and payment of remuneration to Directors and Key Managerial Personnel is hosted on the Companys website viz. www.tavernier.in.

ANNUAL EVALUATION OF THE BOARD, ITS COMMITTEES AND INDIVIDUAL DIRECTORS :

Pursuant to the provisions of Sections 134(3)(p), 149(8) and Schedule IV of the Companies Act, 2013, Sub rule (4) of Rule 8 of Companies (Account) Rules, 2014 and in accordance with the Guidance Note on Board Evaluation issued by Securities and Exchange Board of India, the Directors have carried out the annual performance evaluation of the Board, Independent Directors, Non-executive Directors, Executive Directors, Committees and the Chairman of the Board. The performance was evaluated based on inputs received from all the directors after considering criteria such as Board composition and structure, effectiveness of Board / Committee processes, and information provided to the Board, etc.

A separate meeting of the Independent Directors was also held on February 11, 2026 during the year for the evaluation of the performance of non-independent Directors, performance of the Board as a whole and that of the Chairman. The Board expressed their satisfaction with the evaluation process.

FAMILIARIZATION PROGRAMME FOR INDEPENDENT DIRECTORS :

Independent Directors (IDs) inducted to the Board are provided orientation on the Companys business operations, products, organization structure as well as the Board constitution and its procedures through various programmes/presentations.

The details of programme for familiarization of Independent Directors with the Company, industry in which it operates, their roles, rights and responsibilities are made available on the website of the Company at the link- www.tavernier.in

VIGIL MECHANISM/WHISTLEBLOWER POLICY :

In compliance with the provisions of Section 177 of the Act and Regulation 22 of the SEBI Listing Regulations, the Company has established a part of vigil mechanism for its Directors and employees to report their concerns or grievances. The said mechanism, inter alia, encompasses the Whistle Blower Policy and it provides for adequate safeguards against victimization of persons who use it.

The Vigil Mechanism provides appropriate avenues to the Directors and employees to report to the management, concerns about unethical behaviour, actual or suspected fraud or violation of the code of conduct or policies of the Company, as adopted/framed from time to time. The Whistle Blower Policy is available website of the Company at www.tavernier.in.

AUDITORS AND AUDITOR S REPORT :

I. STATUTORY AUDITOR & AUDITOR S REPORT:

M/s. Parekh Sharma & Associates, Chartered Accountants (Firm Registration No. 129301W), ceased to be the Statutory Auditors of the Company with effect from 14 May 2025.

Thereafter, M/s. S. V. Agrawal & Co., Chartered Accountants (Firm Registration No. 0100164W), were appointed as Statutory Auditors of the Company by the Board of Directors at its meeting held on 02 June 2025. Their appointment was subsequently regularised by the members of the Company through Postal Ballot on 19 September 2025, and they continued to hold office up to 30 September 2025.

Further, M/s. H. S. Jani & Associates, Chartered Accountants (Firm Registration No. 127515W), were appointed as the Statutory Auditors of the Company by the Board of Directors at its meeting held on 05 September 2025, subject to the approval of the members. Their appointment was duly regularised by the members at the Annual General Meeting held on 30 September 2025, for a term of five consecutive years, with effect from 30 September 2025.

Accordingly, M/s. H. S. Jani & Associates, Chartered Accountants (Firm Registration No. 127515W) are the Statutory Auditors of the Company and have audited the financial statements of the Company for the financial year under review.

AUDITOR S REPORT:

The Notes on financial statement referred to in the Auditors Report are self-explanatory and do not call for any further comments. The Auditors Report does not contain any qualification, reservation, adverse remark or disclaimer.

No instances of fraud have been reported by the Statutory Auditors of the Company under Section143(12) of the Act.

MAINTAINENCE OF COST RECORDS AS SPECIFIED UNDER SECTION 148(1) OF THE COMPANIES ACT, 2013 :

Central Government has not prescribed the maintenance of cost records under section 148(1) of the Companies Act, 2013 for any of the products/services dealt by the Company. Accordingly, maintenance of such accounts and records is not applicable to the Company.

II. COST AUDIT :

The appointment of Cost Auditor is not applicable to the Company as per Companies Act,2013.

III. SECRETARIAL AUDITOR AND SECRETARIAL AUDIT REPORT :

In accordance with the provisions of Section 204 of the Companies Act, 2013, read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board of Directors of the company, at its meeting had on 10 th April, 2025 has appointed M/s Pitroda Nayan & Co., Practising Company Secretary having Peer Review Certificate no. 5509/2024, to conduct Secretarial Audit for the Financial Year 2025-26. The Secretarial Audit Report for the financial year ended March 31, 2026 is annexed herewith marked as Annexure IV to this Report.

The said report does not contain any observations or qualification or remarks. Accordingly, the Board assures the shareholders and stakeholders that the Company is committed to full adherence of all applicable laws, rules, and regulations, and continuous improvement in the compliance framework.

IV. INTERNAL AUDITOR

In accordance with the provisions of Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014, the Board of Directors of the company, at its meeting had on 10 th April, 2025, based on the recommendation of the Audit Committee, MR. ANIL AGARWAL, (M. No.: 057502) be and is hereby appointed as the Internal Auditors of the Company for the financial year 2025- 26 on a remuneration decided by the Board.

COMPOSITION OF BOARD OF DIRECTORS

The Board of the Company has an optimum combination of Executive Director, Non-Executive Non-Independent Directors and Independent Directors. The composition of the Board of Directors is in conformity with Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and Sections 149 & 152 of the Companies Act, 2013.

As on March 31, 2026, the Board of Directors of the Company consists of four directors of which three are Independent Director. There is a representation of one independent women director. Following is the list of directors of EFORU Entertainment Limited (Formerly known as Tavernier Resources Limited) as on 31.03.2026.

NAME	DESIGNATION
Ms. Mokshaben Ravjibhai Patel	Whole Time Director
Mr. Parimal Suryakant Patwa	Independent Director
Mr. Harsh Mahendrakumar Kothari	Independent Director
Ms. Sona Bachani	Independent Director
Mr. Prashantkumar Kanaiyalal Modi	Chief Executive Officer

A brief resume of the Directors seeking appointment/re-appointment at the forthcoming Annual General Meeting and other details as required to be disclosed in terms of Regulation 36(3) of the SEBI Listing Regulations and Secretarial Standard on General Meeting (SS-2) forms part of the Notice calling the AGM. None of the Directors are disqualified for appointment/re-appointment under Section 164 of the Act. None of the Directors are related inter-se to each other. In accordance with the provisions of the Act and the Articles of Association of the Company, Ms. Mokshaben Ravjibhai Patel, Whole-time Director of the company, retires by rotation at the ensuing Annual General Meeting and being eligible, has offered herself for re-appointment. The Board of Directors on the recommendation of the Nomination and Remuneration Committee has recommended her re-appointment.

STATEMENT ON DECLARATION GIVEN BY INDEPENDENT DIRECTORS:

The Company has received individual declaration from following Independent Director(s) of the Company stating that they meet the criteria of independence as laid down under Section 149(6) of the Act and Regulation 16(1){b) of the SEBI Listing Regulations. The Independent Directors of the Company as on March 31, 2026 are as under:

a) Mr. Parimal Suryakant Patwa

b) Mr. Harsh Mahendrakumar Kothari

c) Mrs. Sona Bachani

The above-mentioned Independent Directors have confirmed that they have complied with the Code for Independent Directors prescribed in Schedule IV to the Act. The Independent Directors have further confirmed that they are not aware of any circumstance or situation, which exist or may be reasonably anticipated, that could impair or impact their ability to discharge their duties with an objective independent judgment and without any external influence and that he is independent of the management.

CHANGES IN COMPOSITION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL :

During the financial year and after end of the financial year till the date of the report, the following changes took place in the composition of the Board of Directors and Key Managerial Personnel (KMP):

1. During the year under review, the Board of Directors of the Company, at its meeting held on 11 February 2026, approved the change in designation of Mr. Prashant Kanubhai Modi (DIN: 06998991) from Non-Executive Non-Independent Director to Chief Executive Officer (CEO) of the Company, with effect from 12 February 2026. Accordingly, Mr. Prashant Kanubhai Modi ceased to be a Non-Executive Non-Independent Director of the Company with effect from the closing business hours of 11 February 2026 and was appointed as the Chief Executive Officer with effect from 12 February 2026.

Subsequent to the end of the financial year under review, Ms. Nehal Hareshbhai Kothari, Company Secretary and Compliance Officer of the Company, resigned from her office with effect from 24 April 2026. Thereafter, Ms. Riddhi Mit Shah was appointed as the Company Secretary and Compliance Officer of the Company with effect from 09 May 2026. Adequate notice is given to all the directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least seven days in advance, and a system exists for seeking and obtaining further information and clarifications on the agenda items before the meeting and for meaningful participation at the meeting. Board take decision by majority of directors while the dissenting directors views are captured and recorded as part of the minutes.

MEETINGS OF THE BOARD :

The Board of Directors duly met 13 times during the year. The Composition, category and attendance of each Director at the Board and Annual General Meeting of each Director is as follows: -

Name of the Director	DIN	Category of Directorship	No. of Board Meeting Entailed to attended	No. of Board Meetings attended	Attendance atthe last AGM
Ms. Mokshaben Ravjibhai Patel	10712712	Whole-time Director	13	13	Yes
Mr. Parimal Suryakant Patwa	00093852	Independent Director	13	13	Yes
Mr. Harsh Mahendrakumar Kothari	09310696	Independent Director	13	13	Yes
Ms. Sona Bachani	10119435	Independent Director	13	13	Yes
Mr. Prashant Modi (upto 11/02/2026)	06998991	Non-executive Non-Independent Director	13	13	Yes

The Board meetings were held on 10/04/2025, 02/05/2025, 14/05/2025, 02/06/2025, 29/07/2025, 13/08/2025, 18/08/2025, 05/09/2025, 14/11/2025, 20/11/2026, 26/11/2026, 09/12/2025 and 11/02/2026.

COMMITTEES OF THE BOARD OF DIRECTORS :

AUDIT COMMITTEE

During the year under review, all the recommendations made by the Audit Committee were accepted by the Board. There were no instances where the Board has not accepted any recommendation of the Audit Committee.

The composition of the Committee, including its Chairman and Members, was in compliance with the provisions of Section 177 of the Companies Act, 2013, and the rules made thereunder. All the recommendations made by the Committee during the year under review were accepted by the Board. During the year under review Seven Audit Committee Meeting were held on 10/04/2025, 14/05/2025, 02/06/2025, 13/08/2025, 05/09/2025, 14/11/2025 and 11/02/2026.

Composition, Meeting and attendance of Audit Committee during the year:

NAME	DESIGNATION	NUMBER OF MEETINGS ENTAILED TO ATTENDED	NUMBER OF MEETINGS ATTENDED
Mr. Parimal Suryakant Patwa	Chairperson	07	07
Mr. Harsh Mahendrakumar Kothari	Member	07	07
Ms. Sona Bachani	Member	07	07

STAKEHOLDERS RELATIONSHIP COMMITTEE

The Stakeholders Relationship Committee comprising of 3 Directors and functions in accordance with Section 178 of the Act and Regulation 20 read with Part D of Schedule II of the SEBI (LODR) Regulations, 2015. The Stakeholders Relationship Committee of the company met Two times during the Financial Year 2025-26 on 13/08/2026 and 11/02/2026.

Composition, Meeting and attendance of Stakeholders Relationship Committee during the year:

NAME	DESIGNATION	NUMBER OF MEETINGS ENTAILED TO ATTENDED	NUMBER OF MEETINGS ATTENDED
Mr. Parimal Suryakant Patwa	Chairperson	02	02
Mr. Harsh Mahendrakumar Kothari	Member	02	02
Ms. Sona Bachani	Member	02	02

NOMINATION AND REMUNERATION COMMITTEE

The Nomination and Remuneration Committee of the Company comprises of 3 Directors and all Three Directors are Independent Directors of the company Nomination and Remuneration Committee functions according to its terms of reference, that defines its objective, composition, meeting requirements, authority and power, responsibilities, reporting and evaluation functions in accordance with Section 178 of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. During the year under review Nomination and Remuneration Committee Meetings were held Three Times on 02/05/2025, 05/09/2025 and 11/02/2026.

Composition, Meeting and attendance of Nomination and Remuneration Committee during the year:

NAME	DESIGNATION	NUMBER OF MEETINGS ENTAILED TO ATTENDED	NUMBER OF MEETINGS ATTENDED
Mr. Parimal Suryakant Patwa	Chairperson	03	03
Mr. Harsh Mahendrakumar Kothari	Member	03	03
Ms. Sona Bachani	Member	03	03

CORPORATE SOCIAL RESPONSIBILITY {CSR) COMMITTEE

The Company is not mandatorily required to contribute towards CSR pursuant to the provisions of Section 135 of the Companies Act, 2013 for the Financial Year 2025-26. However, the Company has in its place, a duly constituted CSR Committee. The Corporate Social Responsibility Committee of the Company met One time during the Financial Year 2025-26. The meetings were held on the following dates:

- February 11, 2026

Composition, Meeting and attendance of Corporate Social Responsibility Committee at the end of the year:

NAME	DESIGNATION	NUMBER OF MEETINGS ENTAILED TO ATTENDED	NUMBER OF MEETINGS ATTENDED
Mr. Parimal Suryakant Patwa	Chairperson	01	01
Mr. Harsh Mahendrakumar Kothari	Member	01	01
Ms. Sona Bachani	Member	01	01

ANTI SEXUAL HARASSMENT COMMITTEE AND DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMAN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013 :

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of the Sexual Harassment of Woman at Workplace (Prevention, Prohibition and Redressal) Act, 2013. All women employees (permanent, contractual, temporary and trainee) are covered under this Policy. 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.

The following is a summary of Sexual Harassment complaints received and disposed off during the year:

a. Number of complaints of Sexual Harassment received in the Year	NIL
b. Number of Complaints disposed off during the year	NIL
c. Number of cases pending for more than ninety days	NIL

RISK MANAGEMENT COMMITTEE :

Pursuant to Regulation 21 of the Securities and Exchange Board of India (listing Obligations and Disclosure Requirements) 2015 the Company is not included in the top 1000 listed entities, determined on the basis of market capitalization, as at the end of the immediate previous financial year i.e. 2025-26. Therefore, constitution of Risk Management Committee is not applicable to the Company.

INDEPENDENT DIRECTORS MEETING :

During the year under review, the Independent Directors of the Company met on February 11, 2026 inter- alia to discuss:

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

ii. Evaluation of performance of the Chairman of the Company, taking into view of Executive and Non- Executive Directors.

iii. Evaluation of the quality, content and timelines of flow of information between the Management and the Board that is necessary for the Board to effectively and reasonably perform its duties.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS :

Particulars of Investments are provided in the Financial Statements. Refer Notes to accounts of the Financial Statements.

During the financial year under review, the Company has made investments, which are within the limits prescribed under Section 186(2) of the Companies Act, 2013. The Company has neither advanced any loans nor given any guarantee or provided any security during the year under review.

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

Information as required to be given under Section 134(3) (m) of the Act read with Rule 8(3) of the Companies (Accounts) Rules, 2014 is furnished in the annexure to this report as Annexure V .

EXTRACT OF ANNUAL RETURN :

In terms of provisions of Section 92 of the Companies Act, 2013 and Rule 12 of Companies (Management and Administration) Rules, 2014, a copy of Annual Return of the Company in Form MGT-7 for the financial year ended March 31, 2026 is hosted on the Companys website viz. www.tavernier.in.

PARTICULARS OF EMPLOYEES AND RELATED DISCLOSURES :

Disclosures with respect to the remuneration of Directors and employees as required under Section197(12) of the Act read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are provided under Annexure III , which is annexed to this Report.

None of the employees of the Company were in receipt of monthly or yearly remuneration in excess of the limits specified under the Act and Rule 5(2) & Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,2014.

DEMATERIALIZATION :

The Company has tied up with National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) to enable the members to trade and hold shares in an electronic/dematerialized form. The shareholders are advised to take benefits of dematerialization.

LISTING OF SHARES :

The Companys equity shares continue to be listed on The Bombay Stock Exchange Limited (BSE). The Scrip Code of the Company is 531190 and the ISIN of the Company is INE355H01015.

TRANSFER TO INVESTOR EDUCATION AND PROTECTION FUND ( IEPF )

During the year under review, no amount towards the unclaimed dividends was required to be transferred to the Investor Education and Protection Fund established by the Central Government in accordance with section 125 of the Companies Act, 2013 ( the Act ).

Pursuant to the provisions of Investor Education and Protection Fund Authority (Accounting,

Audit, Transfer and Refund) Rules 2016 ( IEPF Rules ), as amended from time to time, the shares on which dividend remains unpaid / unclaimed for seven consecutive years or more shall be transferred to the Investor s Education and Protection Fund (IEPF). During the year under review, the Company has not transferred any equity share to the IEPF.

SECRETARIAL STANDARDS :

The Company has in place proper systems to ensure compliance with the provisions of the applicable Secretarial Standards issued by the Institute of Company Secretaries of India on Board and General Meetings and such systems are adequate and operating effectively.

ACCOUNTING STANDARDS :

In accordance with the notification issued by the Ministry of Corporate Affairs, the Company has adopted Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015. The Financial Statements have been prepared in accordance with IndAS as notified under the Companies (Indian Accounting Standards) Rules, 2015 read with Section 133 of the Act. The transition was carried out from IGAAP as prescribed under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules,2014, to IndAS.

SIGNIFICANT/ MATERIAL ORDERS PASSED BY THE REGULATORS :

There were no significant/ material orders passed by the regulators or courts or tribunals impacting the going concern status of your Company and its operations in future.

INSOLVENCY AND BANKRUPTCY CODE, 2016 (31 OF 2016) AND ANY ONE-TIME SETTLEMENT :

During the year, there was no application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) and any one-time settlement with any Bank or Financial Institution during the 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:

During the year under review, there was no instance of one-time settlement with any Bank/Financial Institution. Hence, the disclosure relating to difference between amount of the valuation done at the time of onetime settlement and the valuation done while taking loan from the Banks/Financial Institutions is not applicable to the Company.

MATERNITY BENEFIT

The Company affirms that it has duly complied with all provisions of the Maternity Benefit Act, 1961, and has extended all statutory benefits to eligible women employees during the year.

APPRECIATIONS AND ACKNOWLEDGEMENT :

The Board of Directors wish to place on record its deep sense of appreciation for the committed services by all the employees of the Company.

The Directors wish to take the opportunity to place on record their sincere appreciation and gratitude to the Government of India, various State Governments particularly the States of Gujarat, Regulatory Authorities, Banks, Financial Institutions, shareholders and concerned Government departments and agencies for their continued support.

	By Order of the Board of Directors
	For, EFORU ENTERTAINMENT LIMITED
	(Formerly known as TAVERNIER RESOURCES LIMITED)
Place: Ahmedabad	Sd/-
Date: 03/09/2026	Mokshaben Ravjibhai Patel
	Whole-Time Director
	DIN: 10712712