TechNVision Ventures Ltd Directors Report

Dear Shareholders,

Your Directors have pleasure in presenting their 46^th Annual Report and audited financials for the financial year 2025-26. The financial highlights of the Company are as follows:

Financial Results

( in Lakhs)

	STANDALONE		CONSOLIDATED
PARTICULARS	2025-2026	2024-2025	2025-2026	2024-2025
Total Income	2586.72	2082.51	27,117.86	22,925.60
Finance Charges	183.91	194.12	205.12	202.07
Depreciation And Amortization	36.36	33.62	323.81	219.52
Profit / (Loss) Before Tax	121.96	132.25	240.26	99.79
Provision for Tax	47.09	34.25	218.62	88.37
Profit / (Loss) After Tax	74.87	98.00	21.64	11.42
Profit brought forward from previous year	886.28	788.28	146.02	60.77
Reserves and Surplus carried forward	1141.15	1066.28	(75.37)	146.02
Earnings Per Share	1.19	1.56	0.34	0.18

Accounting treatment in preparation of Financial Statements

The Financial Statements have been prepared in accordance with Indian Accounting Standards (Ind AS) as per the Companies (Indian Accounting Standards) Rules, 2015 notified under Section 133 and other relevant provisions of the Companies Act, 2013.

State of Company Affairs

During the period under review, the Companys Standalone Revenue from Operations stood at 2,491.10

Lakhs, registering an increase of 26.95% over the revenue reported in the previous financial year. For the financial year ended March 31, 2026. The Companys Standalone Profit Before 121.96 Lakhs.

On a Consolidated basis, the Revenue from Operations amounted to 26,933.62 Lakhs, reflecting a growth of 18.23% as compared to the previous financial year. The Companys Consolidated Profit Before Tax (PBT) for the financial year ended March 31, 2026, stood at 240.26 Lakhs.

DIVIDEND AND DIVIDEND DISTRIBUTION POLICY:

Your Directors, keeping in view of the prevailing circumstances, have decided not to recommend payment of any dividend for the year. Pursuant to Regulation 43A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), the Company has formulated a Dividend Distribution Policy, which is available on the Companys website.

EARNINGS PER SHARE (EPS):

The Basic Earnings Per Share (EPS) of the Company for the financial year ended 31 March 2026 stood at 1.19 on a standalone basis and 0.34 on a consolidated basis.

TRANSFER TO RESERVES:

No amount was transferred to reserves during the year under review.

Subsidiary Companies

The Company has Seven subsidiaries including the step down subsidiaries as on March 31, 2026. A Statement containing the details of the subsidiaries of the Company is appended as an Annexure to this Report.

1. SITI Corporation, USA

2. AccelForce Pte. Ltd., Singapore

3. 5Element Homes Private Limited

Step Down Subsidiaries

1. Solix Technologies Inc., USA

2. Emagia Corporation., USA

3. Solix Softech Private Limited, India (Subsidiary of Solix Technologies Inc., USA)

4. Accelforce EU Ltd., UK

Business Areas

Business Overview and Operational Performance

During the year under review, the Company continued to focus on strengthening its technology-led business operations and creating sustainable value through its portfolio of software products, solutions and services. The Company leverages its domain expertise, technological capabilities, industry knowledge and business relationships to develop and deliver solutions addressing the evolving requirements of its customers across various markets.

The Companys portfolio comprises a range of software products and technology solutions designed to address specific business and technological requirements. These products and solutions may be deployed independently or, where appropriate, integrated with other offerings to provide comprehensive solutions to customers. The Companys product development and business initiatives are primarily focused on enabling customers to improve operational efficiency, cost optimization, scalability, flexibility and productivity through technology-driven solutions.

During the year, the Company, together with its subsidiaries and group entities, continued to pursue opportunities in domestic and international markets and focused on strengthening its product portfolio, customer relationships and market presence. The Groups overseas operations and subsidiaries provide an extended platform for business development, customer engagement, technology delivery and market expansion. This integrated operating structure enables the Group to leverage geographical capabilities and market opportunities while supporting its overall growth strategy.

The Company continues to invest in the development and enhancement of its technology capabilities and product offerings, with emphasis on addressing emerging business requirements and evolving market trends. The management remains focused on strengthening the Companys competitive position, improving operational efficiencies and creating sustainable long-term value for its stakeholders.

The Companys business operations and those of its subsidiaries are supported by complementary capabilities across technology development, software solutions, marketing, sales and customer engagement.

Further details regarding the Companys business activities, key developments during the year and the performance of its various business areas are provided in the Management Discussion and Analysis Report forming part of this Annual Report. Details relating to the Companys intangible assets and developments therein are also disclosed in the Intangible Assets attached to this Annual Report.

Consolidated financial statements

In compliance with the applicable provisions of the Act, Regulation 33 of the SEBI Listing Regulations, and the Indian Accounting Standards prescribed under the Companies (Indian Accounting Standards) Rules, 2015, the

Company has prepared the consolidated financial statements. The consolidated financial statements for the financial year ended on March 31, 2026 forms part of the Annual Report.

Meetings of the Committees and Board of Directors

Board Meetings: During the financial year 2025-26, 6 (Six) Board Meetings were held.

The dates on which the Board meetings were held 28 May, 2025, 17July, 2025, 14 August, 2025, 04 September, 2025, 13 November, 2025, and 13 February, 2026.

The attendance record of the Directors at the Board Meetings held during the financial year 2025-26 and at the

45th Annual General Meeting held on 30 September 2025 is as given here under:

Name of the Director	No. of Board Meetings held	No. of Board Meetings attended	Whether attended last AGM
Mr. Sai Gundavelli	6	1	Yes
Mrs. Veena Gundavelli	6	1	Yes
Mrs. Geetanjali Toopran	6	6	Yes
Mr. Venkata Satya Suryanarayana Raju Chiluvuri	6	6	No
Dr. Ananda Prabhu Valaboju Kesari	6	6	Yes

Audit Committee

During the Financial Year 2025-26, Audit Committee met Four times. The maximum time gap between any two meetings was not more than four months. The Audit Committee meetings were held 01 May, 2025, 14 August, 2025, 13 November, 2025, and 13 February, 2026.

The Composition and attendance of members at the Committee meetings is given here under.

			No. of Meetings
Name of the Director	Category	Designation	Held	Attended
Dr. Ananda Prabhu Valaboju Kesari	Independent Director	Chairman	4	4
Mr. Venkata Satya Suryanarayana Raju Chiluvuri	Independent Director	Member	4	4
Mrs. Geetanjali Toopran	Whole Time Director & CFO	Member	4	4

There is no such incidence where Board has not accepted the recommendations of the Audit Committee during the year under review.

Nomination and Remuneration Committee

The Nomination and Remuneration Committee of the Company comprises Three Non-Executive Directors as members. 2 of them are Independent Directors. During the year 2025-26, the Nomination and Remuneration Committee has met on 17 July, 2025 and 13 February, 2026.

Stakeholders Relationship Committee

The Stakeholders Relationship Committee consists of Two Non-Executive Directors and One Executive Director. During 2025-26, the Committee has met on 01 May, 2025, 14 August, 2025, 13 November, 2025, and 13 February, 2026.

Composition of the Stakeholders Relationship Committee and the details of meetings held and attended by its members are given below:

			No. of Meetings
Name of the Director	Category	Designation	Held	Attended
Dr. Ananda Prabhu Valaboju Kesari	Independent Director	Chairman	4	4
Mr. Venkata Satya Suryanarayana Raju Chiluvuri	Independent Director	Member	4	4
Mrs. Geetanjali Toopran	Whole Time Director & CFO	Member	4	4

Directors Responsibility Statements as required under Section 134 of the Companies Act, 2013

Pursuant to the requirement under Section 134 of the Companies Act, 2013 with respect to Directors

Responsibility Statement, it is hereby confirmed that:

i. in the preparation of the Annual Accounts for the year ended on 31 March, 2026, the applicable Accounting Standards read with requirements set out under Schedule III to the Companies Act, 2013, have been followed and that there are no material departures from the same; ii. 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 31 March, 2026 and of the profit for the year ended on that date; iii. the Directors have taken proper and sufficient 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; and iv. the Annual Accounts for the year ended on 31 March, 2026 have been prepared 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. vi. the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating efficiently.

Statement of Declaration given by Independent Directors under Sub-Section (6) of Section 149 of the Companies Act, 2013

The Independent Directors have submitted the declaration of independence, as required under Section 149 (7) of the Companies Act, 2013 stating that they meet the criteria of independence as provided in Section 149(6).

Statement of Particulars of Employees pursuant to the provisions of Section 197(12) of the

Companies Act, 2013 read with Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

There were no employees, who employed throughout the relevant financial year and in receipt of remuneration, in aggregate, exceeding 1.02 Crore (Rupees One Crore and Two Lakhs) per year or 8.50 Lakhs (Rupees

Eight Lakhs and Fifty Thousand) per month, if employed for a part of the relevant financial year.

Statement regarding opinion of the Board with regard to integrity, expertise and experience (including the proficiency) of the independent directors appointed during the year:

The Board is of the opinion that all the Independent Directors are persons of integrity and possess the requisite expertise, experience, knowledge, and proficiency required to effectively discharge their duties and responsibilities. The Company also provides appropriate familiarization programmes to newly inducted Independent Directors to enable them to gain insights into the Companys business, operations, and governance framework.

Nomination and Remuneration Committee

The Nomination and Remuneration Committee consists of following 3 Directors namely Dr. Ananda Prabhu Valaboju Kesari, Mr. Venkata Satya Suryanarayana Raju Chiluvuri and Mr. Sai Gundavelli as members.

Separate meetings of the Independent Directors

The Independent Directors met once on 13 November, 2025, to discuss, inter alia:

• Review the performance of Non-Independent Directors and the Board of Directors as a whole;

• Review the performance of the Chairperson of the company;

• Assess the quality, content and timeliness of flow of information between the Management and the

Board that is necessary for the Board to effectively and reasonably perform its duties.

Companys policy on Directors appointment and remuneration including criteria for determining qualifications, positive attributes, independence of a director and other matters provided under sub-section (3) of section 178 of the Companies Act, 2013:

The Company has adopted a Policy on Appointment of Directors and Board Diversity, including the criteria for determining qualifications, positive attributes, and independence of Directors, in accordance with the provisions of Section 178(3) of the Act.

Performance evaluation criteria for Independent Directors

The performance of Independent Directors is evaluated annually on the following parameters:

• Understanding of the companys business as well as the markets and industry it operates

• Effective usage of the experience brought to the board

• Level of involvement and participation in the meetings as also in the affairs of the company

• Engagement with other directors and senior leadership of the company.

Brief description of terms of reference:

- Identifying persons who are qualified to become Directors and who may be appointed in senior management in accordance with the criteria laid down and recommend to the Board for their appointment and removal;

- Carry on the evaluation of every Directors performance; formulation of the criteria for determining qualifications, positive attributes and independence of a Director;

- Recommend to the Board a policy relating to the remuneration of the Directors, Key Managerial Personnel and other employees;

- Formulation of criteria for evaluation of Independent Directors and the Board;

- Devising a policy on Board diversity; and

- Any other matter as the Board may decide from time to time.

Nomination and Remuneration policy

The Company has also adopted a Remuneration Policy covering remuneration and other related matters as prescribed under Section 178(3) of the Act. The details of the Remuneration Policy and Criteria of the payment of remuneration to Non-Executive Directors has been published on the Companys website https://www. technvision.com/investors.htm The key objectives of the Policy are set out below.

1. To lay down criteria and terms and conditions with regard to identifying persons who are qualified to become Directors (Executive and Non-Executive) and persons who may be appointed in Senior Management and Key Managerial positions and to determine their remuneration.

2. To determine remuneration based on the Companys size and financial position and trends and practices on remuneration prevailing in peer companies.

3. To carry out evaluation of the performance of Directors.

4. To provide them rewards linked directly to their effort, performance, dedication and achievement relating to the Companys operations.

5. To retain, motivate and promote talent and to ensure long term sustainability of talented managerial persons and create competitive advantage.

Corporate Governance

Your Company continues to place greater emphasis on managing its affairs with diligence, transparency, responsibility and accountability and is committed to adopting and adhering to best Corporate Governance practices. The Board considers itself as a trustee of its shareholders and acknowledges its responsibilities towards them for creation and safeguarding their wealth. The Company has set itself the objective of expanding its capacities.

As per the provision of Regulation 15(2) of the Listing Regulations, Compliance with Corporate Governance provisions as specified in the regulations 17 to 27 and clause (b) to (i) of Regulation 46(2) and para C, D and

E of Schedule V shall not apply to listed entities having paid-up equity share capital not exceeding 10 Crores and net worth not exceeding 25 Crores as on the last date of previous financial year. The Company being falling under the specified limits of above regulation, requirement of giving Corporate Governance report in

Annual Report as per the Para C of the Schedule V is exempted.

Particulars of Contracts or Arrangements with Related Parties Referred to in Sub-Section (1) of Section 188 of the Companies Act, 2013

During the period under review, all transactions entered into with the related parties as defined under the

Companies Act, 2013 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 Companies Act, 2013. The Company is exempted from Regulation 23 of SEBI (LODR) Regulations, 2015 and hence the Company is not mandated to seek approval from members for entering into transactions which are material in nature.

The details of related party transactions are mentioned in AOC-2, which is enclosed as Annexure I to this Report. Also suitable disclosure as required by the Indian Accounting Standards (Ind AS 24) has been made in the Standalone Financial Statement, which is forming part of the Annual Report.

All Related Party Transactions are placed before the Audit Committee for review and approval. Prior omnibus approval of the Audit Committee is obtained for the transactions which are repetitive in nature.

A statement of all Related Party Transactions is placed before the Audit Committee for its review on a quarterly basis, specifying the nature, value and terms and conditions of the transactions. There were no particulars of contracts or arrangements with related parties referred to in Sub-Section (1) of Section 188 of the Companies Act, 2013, which are not on an arms length basis.

Annual Return

A copy of the Annual Return of the Company for the Financial year 2025-26, as required under Section 92 (3) of the Companies Act, 2013 and Rule 12 of the Companies (Management and Administration) Rules, 2014 shall be placed on the Companys website https://www.technvision.com/annual-returns.htm (Annual Return 2025-2026).

LISTING WITH STOCK EXCHANGES

The Company has paid the Annual Listing Fees for the year 2025-26 to the Exchange where the Companys shares are listed i.e. the BSE Ltd (‘BSE).

MAINTENANCE OF COST RECORDS

Maintenance of cost records as specified by the Central Government under sub-section (1) of Section 148 of the Companies Act, 2013, is not applicable to the Company.

The conservation of energy, technology absorption, foreign exchange earnings and outgo pursuant to provisions of Section 134(3)(m) of the Companies Act, 2013 (Act) read with the Companies (Accounts)

Rules, 2014

Information with respect to conservation of energy, technology absorption, foreign exchange earnings and outgo pursuant to Section 134(3)(m) of the Act read with Companies (Accounts) Rules, 2014 is prepared and the same is enclosed as Annexure - II to this Report.

Risk Management Policy

The Company had formulated a Risk Management Policy for dealing with different kinds of risks which it faces in day to day operations of the Company. Risk Management Policy of the Company outlines different kinds of risks and risk mitigating measures to be adopted by the Board. The Company has adequate internal control systems and procedures laid down to combat the risk. The Risk management procedure will be reviewed by the Audit Committee and Board of Directors on a Quarterly basis at the time of review of Quarterly Financial Results of the Company.

Mechanism for Evaluation of Board

Evaluation of all Board members is done on an annual basis.

The evaluation is done by the Board, Nomination and Remuneration Committee and Independent Directors with specific focus on the performance and effective functioning of the Board and the Individual Directors.

A) Criteria for evaluation of Board of Directors as a whole i. Identifying, Defining and Extent of realising the corporate objectives. ii. Regular monitoring of plans and Corporate results against projections. iii. Direct, monitor and evaluate Key managerial personnel, Senior officials. iv. Review of companys ethical conduct. v. The flow of information to board members and between board members. vi. Identify, monitor and mitigate significant corporate risks.

B) Criteria for evaluation of the individual Directors i. Leadership and stewardship abilities. ii. Ability to contribute by introducing best practices to address top management issues; iii. Assess policies, structures and procedures. iv. Review of strategic and operational plans and objectives. v. Statutory compliance & Corporate governance. vi. Attendance and contribution at Board/Committee meetings.

Details of loans, guarantees and investments

The details of Loans, Guarantees and Investments covered under the provisions of Section 186 of the Act, read with the Companies (Meetings of Board and Its Powers) Rules, 2014 are given in the Notes to the Financial Statements forming part of this Annual Report.

Directors and Key Managerial Persons

Mr. Sai Gundavelli (DIN: 00178777), Director, retires by rotation and being eligible offers himself for re- appointment at the ensuing Annual General Meeting.

Details of Directors or Key Managerial Personnel, who has been appointed or resigned during the Year

The Board of Directors as per the recommendation of Nomination and Remuneration committee in their meeting held on 17 July, 2025 had appointed Mr. Venkata Satya Surya Narayana Raju Chiluvuri as an Independent Director (Non-Executive) on the Board. The members passed ordinary resolution in the 45th Annual General Meeting appointing Mr. Venkata Satya Surya Narayana Raju Chiluvuri as Independent Director for a further period of 5 years.

Deposits

The Company has not accepted any deposits from the Public covered by the provisions of Section 73 of the Companies Act, 2013.

Corporate Social Responsibility (CSR)

During the period under review, the provisions of Section 135 of the Companies Act, 2013 w.r.t. Corporate Social Responsibility are not applicable to the Company.

Compliance with Secretarial Standards on Board and Annual General Meetings

The Company has complied with applicable Secretarial Standards issued by the Institute of Company Secretaries of India on Board Meetings and General Meetings.

Statutory Auditors

M/s. Ramu & Ravi., Chartered Accountants (Firm Registration No. 006610S) have been appointed as statutory auditors of the company at the 42nd Annual General Meeting held on 29.09.2022 and they are holding the office of the auditors up to the conclusion 47th Annual General Meeting.

Secretarial Auditors

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed M/s. JRA & ASSOCIATES LLP, Hyderabad, Practicing Company Secretaries to undertake the secretarial audit of the company. The Secretarial Audit Report is annexed herewith as ‘Annexure - III. The Annual Secretarial Compliance Report is not applicable for FY 2025-2026.

Explanations or comments on qualification, reservation or adverse remark or disclaimer made by the

Auditors.

i. Independent Auditors Report:

The Notes to Accounts forming part of Annual accounts are Self-Explanatory and need no further explanation. There are no qualifications/remarks raised inAuditors Report requiring clarification. ii. Secretarial Audit Report:

There are no qualifications/remarks raised in Secretarial explanations.

Disclosure Requirements

Policy in dealing with related party transactions, whistle blower policy, prevention of sexual harassment of women at workplace and policies required as per the applicable provisions of Companies Act, 2013 read with SEBI Regulations are available on the companys website: http://www.technvision.com/

Vigil Mechanism

The Board of Directors has adopted a Whistle Blower Policy. The Whistle Blower Policy aims for conducting the affairs in a fair and transparent manner by adopting highest standards of professionalism, honesty, integrity and ethical behavior. All permanent employees of the Company are covered under the Whistle Blower Policy.

A mechanism has been established for employees to report concerns about unethical behavior, actual or suspected fraud or violation of Code of Conduct and Ethics. It also provides for adequate safeguards against the victimization of employees who avail of the mechanism and allows direct access to the Chairperson of the Audit Committee in exceptional cases.

Statement of particulars of appointment and remuneration of managerial personnel

The Statement of particulars of Appointment and Remuneration of Managerial personnel as per Rule 5 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is enclosed as Annexure - IV to this Annual Report.

Internal Control Systems and their adequacy

The Company has an adequate internal control system commensurate with the size and complexity of the organization. The Company has undertaken a comprehensive review of all internal control systems to take care of the needs of the expanding size of the Company and also upgraded the IT support systems. A system of internal audit to meet the statutory requirement as well as to ensure proper implementation of management and accounting controls is in place. The Audit Committee periodically reviews the adequacy of the internal audit functions.

State of Affairs of the Company

The State of Affairs of the Company is presented as part of Management Discussion and Analysis Report forming part of this Report.

Change in the nature of business

There is no change in the nature of business of the Company.

Application under Insolvency and Bankruptcy Code, 2016

The Company has not made any application under the Insolvency and Bankruptcy Code, 2016 during the FY 2025-26.

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.

The Company has not made any such valuation during the FY 2025-26.

The details of significant and material orders passed by the Regulators or Courts or Tribunals impacting the Going Concern status and companys operations in future

No Significant and material orders have been passed during the year by the Regulators or Courts orTribunals impacting the Going Concern status and companys operations in future.

Material changes and commitments

There were no material changes or commitments affecting the financial position of the Company that occurred between the end of the financial year to which the financial statements relate and the date of this

Policy on Sexual Harassment

The Company has adopted policy on Prevention of Sexual Harassment of Women at Workplace in accordance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

The Company has a zero-tolerance policy towards sexual harassment at the workplace and has constituted an Internal Complaints Committee as per the provisions of the POSH Act. The following is the summary of complaints received and disposed of during the financial year:

Number of sexual harassment complaints received - Nil Number of complaints disposed of - Nil Number of complaints pending for more than 90 days - Nil.

Compliance with Maternity Benefit Act, 1961:

Pursuant to MCA Notification dated 30.05.2025, the Company affirms that it has complied with the applicable provisions of the Maternity Benefit Act, 1961, including but not limited to:

a) Grant of maternity leave to eligible employees, b) Provision for nursing breaks, and c) Ensuring protection against dismissal during maternity leave and other associated entitlements.

Statement containing the salient features of the Financial Statements of the Subsidiary Companies

As per the provisions of Sections 129 of the Act read with Rule 5 of the Companies (Accounts) Rules, 2014, a separate statement containing the salient features of the Financial Statements of the Subsidiary Companies in Form AOC-1 is published as a part of the Annual Report.

Acknowledgement

The Board of Directors extends its sincere gratitude to the Companys customers, shareholders, vendors, and bankers for their continued support during the year. The Board also places on record its deep appreciation for the dedication and contribution of employees at all levels. The Companys consistent growth has been made possible by their hard work, cooperation, and commitment.

The Directors would like to make a special mention of the valuable support received from various departments of the Central and State Governments, particularly the Software Technology Parks of India, the Direct and Indirect Tax Authorities, the Ministry of Commerce, the Reserve Bank of India, the Ministry of Corporate

Affairs/Registrar of Companies, the Securities and Exchange Board of India, the Stock Exchanges, and other regulatory authorities. The Board looks forward to their continued support in the Companys future endeavours.

Registered Office:	By order of the Board
1486 (12-13-522), Lane No. 13, Street No. 14,	TechNVision Ventures Ltd.,
Tarnaka, Secunderabad - 500 017.
Telangana, India
CIN: L51900TG1980PLC054066	sd/-
Phone Nos.: 040-2717 0822, 27175157, 27177591,	Sai Gundavelli
Fax No.: 040-2717 3240	Chairman
E-Mail: investor_relations@technvision.com	DIN: 00178777
Date: September 04, 2026