The Byke Hospitality Ltd Directors Report

Dear Members of

The Byke Hospitality Limited,

The Board of Directors takes great pleasure in presenting the Thirty Sixth (36th) Annual Report of The Byke Hospitality Limiteds (hereinafter refered to as "your Company" or "Company") business and operations along with the Audited Financial Statements for the Financial Year ended March 31, 2026 (hereinafter referred to as the "year under review" of "FY 2025-26").

FINANCIAL PERFORMANCE

The Companys financial performance, for the year ended March 31, 2026 compared with the previous year ended March 31, 2025, is summarized below:

	For the Year ended
Particulars	March 31, 2026	March 31, 2025
Income:
Income from Operations	10,668.50	9,664.05
Other Income	147.88	237.95
Total Income	10,816.38	9,902.00
Expenditure:
Less: Operating & Other Expenses	(5,941.41)	(5,967.66)
Profit before Depreciation, Finance Costs and Tax	4,874.97	3,934.34
Less: Depreciation	(3,004.07)	2,608.23
Less: Finance Costs	1,185.27	886.59
Profit before Tax	685.63	439.52
Less: Provision for Taxes	(15.18)	19.93
Profit after Tax	670.45	459.46
Less: Other Comprehensive Income for the year (net of tax)	12.99	(6.29)
Total Comprehensive Income for the year	683.43	453.16
Basic earnings per share (in Rs.)	1.28	0.90
Diluted earnings per share (in Rs.)	1.28	0.90

OPERATIONS/ STATE OF COMPANYS AFFAIRS

The Company achieved a total income of Rs. 10,816.38 lakhs as compared to Rs. 9,902.00 lakhs in the Financial Year ("FY").

Company reported a Profit before tax of Rs. 685.63 lakhs as compared to Profit before tax of Rs. 439.52 lakhs in the previous year. This growth in the profit was on account of an increase in business volumes. The Company witnessed robust growth in volumes and rates across many of its brands with increase in its margins.

DIVIDEND

Your Company is in regular expansion mode and also upgrading its existing properties. Therefore in order to fund new projects/ upgradation and conserve the resource, the Board has not recommended dividend on equity shares of the Company for the FY 2025-26.

TRANSFER TO RESERVES

The Board of Directors of your company has decided not to transfer any amount to the Reserves for the year under review.

MANAGEMENTS DISCUSSION AND ANALYSIS REPORT

The Management Discussion and Analysis as required in terms of the SEBI Listing Regulations is annexed to the report as Annexure I.

MATERIAL CHANGES AFFECTING THE COMPANY

There were no material changes affecting the Company during the year under review.

SHARE CAPITAL

I. AUTHORISED CAPITAL

The Authorised Capital of the Company is Rs. 53,40,00,000 consisting of 5,34,00,000 equity shares of face value of Rs.10 each fully paid.

II. PAID-UP CAPITAL

During the Year FY 2025-26, there was no change in the Issued, Subscribed & Paid up Capital of the Company.

As on March 31, 2026 the Total Issued, Subscribed & Paid up Capital of the Company stand at Rs. 52,27,93,000 consisting of 5,22,79,300 equity shares of face value of Rs.10 each fully paid.

LISTING ON STOCK EXCHANGES

As on March 31, 2026, the Companys Equity Shares are listed on BSE Limited, the National Stock Exchange of India Limited and Metropolitan Stock Exchange of India Limited.

EXTRACT OF ANNUAL RETURN

As provided under section 92(3) and 134(3)(a) of the Companies Act 2013 (hereinafter referred to as "Act"), read with Rule 12 of the Companies (Management and Administration) Rules, 2014, as amended from time to time, the Annual Return of your Company in Form MGT-7 for the Financial Year 2025-26, is hosted on the website of your Company at https://www.thebyke.com/ investors-information/annual-report.

CEO / CFO CERTFICATIONS

The Certifications required in terms of Part B, Schedule II of the Listing Regulations, from Mr. Anil Chothmal Patodia, Chairman and Managing Director of the Company and Mr. Girdhari Kyal, Chief Financial Officer of the Company, for the Financial Year 2025-26 forms part of the Report on Corporate Governance.

CORPORATE GOVERNANCE

As per the requirement of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has complied with the requirements of Corporate Governance in all material aspects.

A report on Corporate Governance (Annexure II) together with a certificate of its compliance from a Ms. Suman Sureka of M/s. Suman Sureka & Associates, Secretarial Auditor of the Company forms part of this report.

INVESTOR EDUCATION AND PROTECTION FUND (IEPF)

Pursuant to applicable provision of Section 124 and 125 of the Companies Act, 2013 read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (the Rules), all unpaid or unclaimed dividend are required to be transferred by the company to the IEPF established by the Central Government, after the completion of seven years. Further, according to IEPF Rules, all the shares in respect of which dividend has remained unclaimed for seven consecutive years or more from the date of transfer to unpaid dividend account shall also be transferred to IEPF Authority.

The details of the unpaid / unclaimed dividends for the last seven financial years are available on the website of the Company https://www.thebyke.com/investors-information/iepf-related-compliance.

DIRECTORS AND KEY MANAGERIAL PERSONNEL (KMP)

Brief Profile of the Board of Directors of the Company as on March 31, 2026 and as on the date of the report:

Name	DIN	Designation	Brief Profile
Mr. Anil Chothmal Patodia	00073993	Chairman and Managing Director	Mr. Anil Chothmal Patodia is a commerce graduate with more than 24 years of experience in the hospitality and service industries, he assumed the role of Managing Director in 2011. He developed value-adding methods to establish the Company as a leader in its field by drawing on his extensive experience managing sustainable businesses. Currently he is the Member of the Lions Club of Mumbai Heritage Galaxy.
Mrs. Archana Anil Patodia	00795826	Non-Executive Non-Independent Director	Mrs. Archana Anil Patodia has completed her BA from the University of Rajasthan, she aggregated rich experience in managerial and administrative functions. She is also the Member of Lions Club of Mumbai Heritage Galaxy. She is also the DC Village Development of Lions Club International. (Dist.3231A3).
Mr. Pramod Kumar Patodia	03503728	Executive Director	By banking on his hospitality industry experience of more than 24 years in the field of management and administration, Mr. Pramod Kumar Patodia helped the Company climb new heights. He oversees all the hotel operations of the Company.
Mr. Brijmohan Pooranmal Agarwal	00529136	Non-Executive Independent Director	Mr. Brijmohan Pooranmal Agarwal is a distinguished Chartered Accountant with extensive experience in taxation and audit since 1981, has been a Managing partner at Borkar & Muzumdar, Mumbai since 1987. With a distinguished career that includes audits for major national and foreign banks, as well as leadership roles in various professional organizations. He was also Chairman of WIRC of ICAI. He currently serves as an Independent Director at Equity Link Research (1) Ltd. and Ekansh Concepts Limited other than The Byke Hospitality Limited.
Ms. Madhuri Rajendrakumar Dhanak	09065395	Non-Executive Independent Director	Ms. Madhuri Rajendrakumar Dhanak is a highly qualified Chartered Accountant and Company Secretary with a robust professional background. She is an active member of the Western India Regional Council (WIRC) of the Institute of Chartered Accountants of India (ICAI). She has demonstrated her expertise in various roles, including serving as an Internal Auditor, head of Tax Department in various listed entities. Her commitment to community service is reflected in her past involvement with the Lions Club.
Mr. Sobhag Jain	08770020	Non-Executive Independent Director	Mr. Sobhag Jain is an accomplished Chartered Accountant with over 39 years of experience in finance, taxation, and corporate governance. He has held prominent positions in LIC, including Executive Director of Finance & Accounts and Taxation, and Chief Executive Officer of LICHFL Care Home Ltd. His extensive career includes significant contributions as Chief Risk Officer, where he made strategic decisions to safeguard pension funds, and as a mentor in marketing, guiding several divisions to success. Additionally, he has been an influential member of various advisory and supervisory boards in the healthcare and biotechnology sectors.

CHANGE IN DIRECTORSIP DURING THE YEAR

During the year under review Ms. Madhuri Rajendrakumar Dhanak (DIN: 09065395) was re-appointed as Non-Executive Independent Director of the Company with effect from February 12, 2026 for another term of 5 (five) years until February 11, 2031. Her re-appointment as an "Independent Director" was approved by the shareholders vide Post Ballot Notice dated February 26, 2026.

INDEPENDENT DIRECTORS DECLARATION

The Independent Directors have submitted a declaration of independence, stating that they meet the criteria of independence provided under section 149(6) of the Act & regulation 16(l)(b) of the Listing regulations. There has been no change in the circumstances affecting their status as an Independent Director.

In terms of Regulation 25(8) of the Listing Regulations, the Independent Directors have confirmed that they are not aware of any circumstances situation which exists or may be reasonably anticipated that could impair or impact their ability to discharge their duties.

None of the directors of the Company are debarred from holding the office of Director by virtue of any SEBI order or order by any other competent authority.

In the opinion of the Board, there has not been any change in the circumstances which may affect their status as Independent Directors of the Company and to the satisfaction of the Board. Their candidature holds experience, expertise & integrity.

KEY MANAGERIAL PERSONNEL

As on date of this report, the following persons are the Key Managerial Personnel ("KMP") in terms of Section 203 of the Act:

Name of the KMP	Designation
Mr. Anil Chothmal Patodia	Chairman and Managing Director
Mr. Girdhari Kyal	Chief Financial Officer
Mr. Mihir Dhadve	Company Secretary & Compliance Officer (with effect from July 27, 2026)
Ms. Ritika Jaiswal	Company Secretary & Compliance Officer (up to May 30, 2026)

POLICY ON DIRECTORS APPOINTMENT, REMUNERATION AND OTHER DETAILS

The Nomination and Remuneration Committee has laid down the criteria for Directors appointment and remuneration including criteria for determining qualifications, positive attributes and independence of a Director.

The following attributes/criteria for selection have been laid by the Board on the recommendation of the Committee:

• The candidate should possess the positive attributes such as leadership, entrepreneurship, industrialist, business advisor or such other attributes which in the opinion of the Committee the candidate possess and are in the interest of the Company;

• The candidate should be free from any disqualifications as provided under Section 164 and 167 of the Companies Act, 2013;

• The candidate should meet the conditions of being independent as stipulated under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015 in case of appointment as an Independent Director; and

• The candidate should possess appropriate educational qualification, skills, experience and knowledge in one or more fields of finance, law, management, sales, marketing, administration, research, corporate governance, technical operations, infrastructure, social service, professional teaching or such other areas or disciplines which are relevant for the Companys business.

PROFICIENCY OF DIRECTORS

All the Independent Directors of the Company have registered their names in the database maintained by the Indian Institute of Corporate Affairs, Manesar. Those Independent Directors who are not otherwise exempted shall appear for the common proficiency test conducted by the said institute within the prescribed time.

MEETINGS OF BOARD AND COMMITTEES THEREOF

This information has been furnished under Report on Corporate Governance, which is annexed in Annexure II. FAMILIARISATION PROGRAMME FOR DIRECTORS

Pursuant to Regulations 25(7) and 46(2)(i) of the SEBI (LODR) Regulations, 2015, the Company conducts familiarization programmes for its Independent Directors. The details of such programs for FY 2025-26 are disclosed on the website of the Company www.thebyke.com.

BOARD EVALUATION

The Nomination and Remuneration Committee lays down the criteria for performance evaluation of Independent Directors, Board of Directors and Committees of the Board. The criteria for performance evaluation is based on the various parameters like attendance and participation at meetings of the Board and Committees thereof, contribution to strategic decision making, review of risk assessment and risk mitigation, review of financial statements, business performance and contribution to the enhancement of brand image of the Company.

The Board of Directors have carried out an annual evaluation of their own performance, board committees and individual directors pursuant to provision of the Act and the corporate governance requirement as prescribed by the Securities and Exchange Board of India (Listing Obligation & Disclosure Requirement) Regulation 2015.

In a separate meeting of Independent directors which was held on February 11, 2026 performance of Non-Independent directors and the Board as whole was evaluated. Performance evaluation of Independent director was done by the entire Board, excluding the Independent director being evaluated.

PARTICULARS OF EMPLOYEES

The information required under Section 197 of Companies act 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rule, 2014 forms part of this Annual Report. However this information is not sent along with this report pursuant to provision of section 136 of the Act. Any shareholder interested in obtaining a copy of the same may write to the Company Secretary / Compliance Officer at the registered office of the Company.

AUDIT COMMITTEE

Details of the Audit Committee along with its constitution and other details are provided in the Report on Corporate Governance.

RELATED PARTY TRANSACTION

All Related Party Transactions that were entered into during the financial year were on arms length basis and were in the ordinary course of the Companys Business.

The Company has not entered into any contract, arrangement or transaction with any related party which could be considered as material as defined under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Omnibus approval was also obtained from the Audit Committee on an annual basis for repetitive transactions.

Company has formulated policy on materiality of Related Party Transaction. The policy is available on the Companys website http://thebyke.com/corporate-governance

The details of the transactions with related parties during FY 2025-26 are provided in the accompanying financial statements. The details of Related Party transactions are set out in notes to the Financial Statements. Since all related party transaction entered into by the company were on an arms length basis and in the ordinary course of business, Form AOC-2 is not applicable.

WHISTLE BLOWER POLICY/VIGIL MECHANISM

The Board of Directors of your Company has adopted the Vigil Mechanism and Whistle Blower Policy in compliance with Section 177(9) and 177(10) of the Companies Act, 2013, and Regulation 22 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Company has adopted a channel for receiving and redressing of employees complaints and no personnel have been denied access to the Chairman of the Audit Committee. Under this policy employees are encouraged to report any fraudulent financial disclosures, operational misrepresentation, or conduct that violates the Companys Code of Business Conduct. Likewise, under this policy, we have prohibited discrimination, retaliation or harassment of any kind against any employees who, based on the employees reasonable belief that such conduct or practice have occurred or are occurring. The policy is posted on the companys website at https://www.thebyke.com/investors-information/corporate-governance.

CORPORATE SOCIAL RESPONSIBILITY

The Company remains committed to sustainable corporate citizenship. As a part of its corporate social responsibility, the Company continues to support initiatives in the field of healthcare and education to improve living conditions of the underprivileged communities. The CSR policy of the Company is placed on the website of the Company and can be assessed at https://thebyke.com/corporategovernance.html. During the year under review, the Company has also supported healthcare and educational projects undertaken by charitable institutions and organizations. In accordance with the provisions of Section 135 of the Companies Act, 2013, read with Companies (CSR Policy) Rules, 2014, the Annual Report on CSR activities for the Financial Year 2025-26 is furnished as Annexure III to this Report.

CODE OF CONDUCT

In compliance with Regulation 17(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has formulated a Code of Conduct for all Board Members and Senior Management Personnel of the Company. The Code incorporates the duties of Independent Directors as prescribed under Schedule IV of the Companies Act, 2013. The Code of Conduct is hosted on the website of the Company and can be accessed at the web link: https://www.thebyke.com/investors-information/corporate-governance. All the Board Members and Senior Management Personnel have affirmed compliance with the Code of Conduct for FY 2025-26. A declaration in this regard signed by the Chairman and Managing Director is annexed to and forms part of the Corporate Governance Report.

SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES

There is no subsidiary company, associate company or joint venture of your Company within the meaning of section 2(87) & 2(6) of the Companies Act 2013 respectively.

STATUTORY AUDITOR AND STATUTORY AUDITORS REPORT

M/s. Bilimoria Mehta & Co., Chartered Accountant (Firm registration no: 101490W) were appointed as the Statutory Auditors from the conclusion of the Thirty Second Annual General Meeting held on September 15, 2022 till conclusion of the Thirty Seventh Annual General Meeting of the Company to be held in FY 2027-28.

The Statutory Auditors Report for the financial year ended March 31, 2026, read alongwith the notes to the financial statements, is self-explanatory and does not call for any further comments from the Board. The Auditors report does not contain any qualifications, reservations or adverse remarks.

SECRETARIAL AUDITOR AND SECRETARIAL AUDITORS REPORT

Pursuant to the provision of section 204 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rule, 2014, the Board of Directors appointed M/s. Suman Sureka & Associates, Practicing Company Secretary FCS No.-6842 CP No-4892 to conduct the Secretarial Audit of the Company for the Financial Year 2025-26.

The Secretarial Audit Report in Form MR-3 for FY 2025-26 is Annexure IV as and forms part of this Report. The report does not contain any qualifications, reservations, or adverse remarks.

COST AUDITORS

The provisions of Section 148 of the Companies Act, 2013, regarding the maintenance of cost records and mandatory cost audit are not applicable to the Company. Consequently, the Company is not required to maintain cost accounts and appoint cost auditor for the FY 2025-26.

DISCLOSURES AS MAINTENANCE OF COST RECORDS UNDER SUB-SECTION (1) OF SECTION 148 OF THE COMPANIES ACT, 2013

The provisions of section 148 are not applicable to the Company and accordingly the maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies Act, 2013, is not required.

INTERNALAUDITOR

M/s. P. P. KAPOOR & Co., Chartered Accountants, Internal Auditors of the Company, conducted the Internal Audit for the FY

2025- 26 as per the provisions of Section 138 of the Act read with Rule 13 of the Companies (Accounts) Rules, 2014. Their reports were reviewed by the Audit Committee and follow up measures were taken by the relevant teams and committees of the Board, wherever necessary.

Consequently, M/s. P. P. KAPOOR & Co., Chartered Accountants tendered their resignation vide letter dated May 19, 2026 owing to professional pre-occupations.

The Board of Directors, on the recommendation of the Audit Committee, at their meeting held on May 20, 2026, appointed M/s. Maheshwari Maheshwari & Co, Chartered Accountants (FRN: 105838), as the Internal Auditor of the Company for Financial Year

2026- 27.

REPORTING OF FRAUDS REPORTED BY AUDITORS OTHERTHAN THOSE WHICH ARE REPORTABLE TOTHECENTRALGOVERNMENT U/S 143(12)

There were no frauds reported by the Statutory Auditors, Secretarial Auditors, or Internal Auditors under section 143(12) of Companies Act, 2013 during their course of audit for the financial year 2025-26. Consequently, no disclosure is required under Section 134(3) of the Act.

RISK MANAGEMENT POLICY

The Company has established an effective Compliance Mechanism to mitigate the risk and will be reviewed by the Board periodically. The Company has adopted Risk Management Policy, pursuant to the provision of Section 134 of the Act, to identify and evaluate business risks and approach for mitigation of such risks.

PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS

The Company has not given any loans or guarantees or made investments in contravention of the provisions of the Section 186 of the Companies Act, 2013. The necessary details of the loans and guarantees given and investments made by the Company, during thr FY under review, are provided in the notes to the financial statements.

DEPOSITS

The Company has not accepted any unsecured or secured public deposits from public during the year under the review falling within the purview of Chapter V of the Companies Act, 2013, read with the Companies (Acceptance of Deposits) Rules, 2014. Accordingly, no principal or interest amounts on public deposits were outstanding as on March 31, 2026.

INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:

Pursuant to Section 134(5)(e) of the Companies Act, 2013, The Company has adopted the policies and procedures for ensuring the orderly and efficient conduct of its business, including adherence to the companys policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records and the timely preparation of reliable financial disclosures. During the year under review, such controls were adequate and operating effectively

PREVENTION OF INSIDER TRADING

The Board has adopted a Code of Practices and Procedure for Fair Disclosure of "Unpublished Price Sensitive Information Code of Prevention of Insider Trading in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The same has been placed on the website of the Company and can be accessed at the web link www.thebyke.com.

All the Directors, senior management employees and other employees who have access to the unpublished price sensitive information of the Company are governed by this code. During the financial year under review, there has no violations to the said Code and strict compliance with the said code of conduct for prevention of insider trading.

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

In accordance with the requirements of Section 134(3)(m) of the Companies Act, 2013, read along with Rule 8(3) of the Companies (Accounts) Rules, 2014, statement showing particulars with respect to conservation of energy, technology absorption and foreign exchange earnings and outgo is furnished as Annexure V to this Report.

PAYMENT OF LISTING FEES AND CUSTODIAL FEES

Your Company has timely paid the Annual Listing Fees for the Financial Year 2025-26, to the National Stock Exchange ("NSE"), Metropolitan Stock Exchange (MSEI) and the Bombay Stock Exchange ("BSE"). Concurrently, the Annual Custodial Fees have been fully paid to the depositories, namely to National Securities and Depositories Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

DEMATERIALISATION

The Companys equity shares are available for dematerialization with both the Depositories viz., NSDL and CDSL. About 99.92% of the paid-up equity share capital of the Company has been dematerialized as on March 31, 2026.

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS

There are no significant and material orders passed by the Regulators or courts or tribunals that would impact the going concern status of the Company and its operation in the future.

GREEN INITIATIVES

The Company, in order to promote the Green Initiative, has sent electronic copies of the Annual Report for the Financial Year 2025-26, along with the Notice of the 36th Annual General Meeting, were sent to all the members whose email addresses are registered with the Company/Registrar and Share Transfer Agent ("RTA").

DISCLOSURES UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

The Company maintains a strict zero tolerance policy towards sexual harassment at its workplace. In compliance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules framed thereunder, the Board of Directors has approved, adopted and implemented "Policy on Prevention of Sexual Harassment at Workplace" to ensures every woman employee is treated with dignity and respect and afforded equitable treatment.

The summary of complaints received and handled during the Financial Year 2025-26 is detailed below:

Complaints filed during Financial Year	Nil
Complaints disposed of during the year	Nil
Complaints pending as on end of Financial Year	Nil
Complaints pending for more than 90 days	Nil

Internal Complaints Committee

In compliance with Section 4 of The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 the Company has constituted an Internal Complaints Committee (ICC).

The composition of ICC is as follows:

Name of Committee Members	Designation	Designation in the Committee
1. Mrs. Archana Patodia	Non-Executive, Non Independent Director	Presiding Officer
2. Mrs. Vinita Kulhari	Director, Lions Club Heritage Galaxy	Member
3. Mrs. Shivali Sharma	Sales Manager - Goa	Member
4. Mrs. Lavina Sankla	Sales Executive- Matheran	Member

DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER INSOLVENCY AND BANKRUPTACY CODE, 2016

During the financial year under review, there were no application(s) made or proceeding were pending in the name of the Company under the Insolvency and Bankruptcy Code, 2016 before the National Company Law Tribunal (NCLT) or other judicial forums.

DETAILS OF DIFFERENCE BETWEEN VALUATION AMOUNT ON ONE TIME SETTLEMENT AND VALUATION WHILE AVAILING LOAN FROM BANKS AND FINANCIAL INSTITUTIONS

During the Financial year under review, the Company did not enter into any one-time settlement of Loans taken from Banks and Financial institutions. Accordingly, the requirement to disclose any difference between the valuation done at the time of a onetime settlement and the valuation done while availing loans is not applicable

DISCLOSURE UNDER THE MATERNITY BENEFIT ACT, 1961

In compliance with the Companies (Accounts) Second Amendment Rules, 2025, the Company formally declares that it has duly complied with the provisions of the Maternity Benefit Act, 1961. All eligible women employees have been extended the statutory benefits prescribed under the Act, including paid maternity leave, continuity of salary and service during the leave period, and post- maternity support such as nursing breaks and flexible return-to-work options, as applicable. The Company remains committed to fostering an inclusive and supportive work environment that upholds the rights and welfare of its women employees in accordance with applicable laws.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of its knowledge and ability confirms that:

a. In the preparation of the Annual Accounts for the year ended March 31, 2026, the applicable accounting standards have been followed along with proper explanation relating to material departures if any;

b. Such accounting policies have been selected and applied them consistently and made judgements and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of your Company at the end of the financial year on March 31, 2026.

c. Proper and sufficient care have been taken for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of your Company and for preventing and detecting fraud and other irregularities;

d. The Annual Accounts have been prepared on a going concern basis;

e. Proper internal financial controls were in place and that such internal financial controls are adequate and were operating effectively; and

f. Proper systems to ensure compliance with the provisions of all applicable laws were in place and that such systems were adequate and operating effectively.

SECRETARIAL STANDARDS

During the financial year under review, the Company has strictly complied with the applicable Secretarial Standards, i.e., SS-1 (Secretarial Standard on Meetings of the Board of Directors) and SS-2 (Secretarial Standard on General Meetings), issued by the Institute of Company Secretaries of India (ICSI). The internal compliance systems are robust, adequate, and operating effectively.

ACKNOWLEDGEMENTS

Your Directors take this opportunity to thank the customers, shareholders, suppliers, bankers, business partners/associates, financial institutions and Central and State Governments for their consistent support and encouragement to the Company. The Board also extends sincere appreciation to all employees of the Company for their hard work and commitment. Their dedication and competence has ensured that the Company continues to be a significant and leading player in the Hospitality Industry.