Transpek Industry Ltd Directors Report

To

The Members,

Transpek Industry Limited

The Directors have pleasure in presenting the Fifty Ninth Annual Report together with the Stand alone and Consolidated Audited Financial Statements of the Company for the financial year ended 31 ^st March, 2025.

1. FINANCIAL RESULTS (Stand-alone)

	2024-2025	2023-2024
	Rs in Lakhs	Rs in Lakhs
Net Sales including Trading and Operating Income	64,985.31	57,962.68
Other Income	2,870.78	2,515.64
Cash Profit/(Loss) before Extraordinary Items and Taxes	11,164.87	9,311.41
Profit/(Loss) before Tax	6,165.93	5,551.60
Provision for Taxation
Current:
(i) Curr ent Tax	1,670.00	1,150.00
(i) Def erred Tax (Asset) / Liability	(353.12)	557.07
(ii) T ax adjustment for earlier years	(24.98)	(11.72)
Profit/(Loss) after Tax	4,874.07	3,856.25
Balance brought forward from Previous Year	38,445.49	36,159.86
Amount available for appropriation	42,521.03	38,445.49

Note: Previous year figures have been regrouped / rearranged wherever necessary.

2. DIVIDEND:

The Directors have recommended a Dividend of Rs 20/- (i.e.200%) per equity shares of Rs 10/- each on the Equity Share Capital of Rs 558.56 Lakhs for the year ended 31^st March, 2025 (previous year Dividend 140% i.e. Rs 14/- per share).

The dividend will be paid after approval of shareholders, to the members whose names appear on the Register of Members as on 27^th August, 2025 in case of physical shareholding and, in respect of shares in dematerialised form, it will be paid to members whose names are furnished by the National Securities Depository Limited and Central Depository Services (India)

Limited, as beneficial owners as on that date. As per Regulation 43A of SEBI LODR Regulations it is not mandatory for the

Company to have a Dividend Distribution Policy. However, the Company has a Dividend Distribution Policy, approved by the Board of Directors of the Company. The said policy is available at https://www.transpek.com/wp-content/uploads/2021/07/ Dividend-Distribution-Policy-1.pdf.

3. RESULTS OF OPERATIONS AND THE STATE OF THE COMPANYS AFFAIRS:

The net sale of the Company for the year under review is Rs 64,806.23 Lakhs as compared to Rs 57,878.26 Lakhs in the previous year, an increase of 11.96%. Export sales have increased to Rs 55,705.73 Lakhs from Rs 50,742.52 Lakhs in the previous year i.e. an increase of 9.78%. Domestic sales have increased to Rs 9,100.50 Lakhs from Rs 7,135.74 Lakhs in the previous year i.e. an increase of 27.53%. The Company has achieved a net profit Rs 4,874.07 Lakhs for the year 2024-2025 as againstof Rs 3856.25 Lakhs in the previous year, i.e. an increase of 26.39%.

4. OUTLOOK:

Details on the outlook are given in the Management Discussion and Analysis Report.

5. QUALITY, ENVIRONMENT, HEALTH AND SAFETY MANAGEMENT SYSTEMS:

The Company is accredited with Quality - Environment - Occupational Health & Safety, Energy and Information Security Management systems, QMS ISO 9001:2015, EMS ISO 14001:2015, OHSMS ISO 45001:2018, EnMS ISO 50001:2018, and ISMS ISO 27001:2022. Bureau Veritas India Private Limited is the Certification agency.

The Company is committed to ensure protection of the environment and maintenance of biodiversity.

The Company continues taking several initiatives to achieve this goal. The Company places a strong emphasis on ensuring occupational health and safety of the employees and surrounding population and has very effective safety management systems in place. The Company is taking many steps towards carbon emission reduction through energy conservation and using renewable energy source.

The Company is also recognised as “Responsible Care Company”. We have received certification for Responsible Care for a period of three years from June, 2023 to June, 2026.

As a part of the Corporate Social Responsibility and Sustainable development, in addition to the other initiatives, the Company has continued membership with EcoVadis and recently achieved gold Medal in EcoVadis for outstanding sustainability management practices in areas such as Environment, Labour, Human Rights, Ethics and Sustainable Procurement. This prestigious achievement places the Company amongst the top 5% of companies evaluated by EcoVadis in Chemical Sector.

6. SUBSIDIARY COMPANY:

Transpek Creative Chemistry Private Limited:

TranspekCreativeChemistryPrivateLimited(TCCPL) is a wholly owned subsidiary of the Company which was incorporated on 6^th January, 2020 with the objective of pursuing various business opportunities. TCCPLs financial statements are consolidated with the Companys financial statements.

7. DISCLOSURE UNDER THE COMPANIES ACT, 2013:

Information given below is pursuant to various disclosure requirements prescribed under the Companies Act, 2013 (hereinafter ‘the Act), the rules thereunder and as per the Secretarial Standard IV on the Report of the Board of Directors, to the extent applicable to the Company and is in addition to those included in appropriate places in the Corporate Governance Report as prescribed under the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 [hereinafter ‘SEBI LODR Regulations] forming part of the Annual Report.

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

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134 (3) (m) of the Act read with Rule 8 of the Companies (Accounts) Rules, 2014 and under Part I Disclosures of

Secretarial Standard IV is annexed to this report as ‘Annexure I.

b) WEB ADDRESS WHERE ANNUAL RETURN REFERRED TO IN SUB-SECTION (3) OF SECTION 92 HAS BEEN PLACED:

The Annual Return in form no. MGT 7 as per Section 134 (3) (a) of the Act read with Rule 8 of Companies (Accounts) Rules, 2014 and Rule 12 of Companies (Management and Administration) Rules, 2014 is available at https://transpek.com/ wp-content/uploads/2024/10/Form_MGT_7-23-24.pdf

c) REMUNERATION POLICY AND INFORMATION REGARDING REMUNERATION:

Particulars of the Companys Remuneration Policy and information pursuant to Rule 5 (1) of the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014 are annexed to this report as ‘Annexure II. A copy of Policy is placed on the website of the Company https://www.transpek.com/wp-content/uploads/2022/05/Nomination-and-Remuneration-Policy.pdf

d) CRITERIA FOR APPOINTMENT OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Nomination and Remuneration Committee shall consider the following aspects and traits for selecting a person for Directorship:	The Nomination and Remuneration Committee shall consider the following aspects and traits for selecting a person for appointment in Key Managerial position and other Senior Management positions:
Qualifications	Qualifications
Age	Age
Expertise and Experience	Experience and Competence
Understanding of Governance and Management Practices	Industry background
Independence	Managerial and Leadership abilities

A copy of the Policy is placed on the website of the Company. The link of the said policy is mentioned at point 7 (c).

e) PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS:

During the year under review, your Company has not directly or indirectly ·

(i) giv en any loan to any person or other body corporate other than usual advances envisaged in a contract for supply of materials or equipment or job work, if any;

(ii) giv en any guarantee or provided security in connection with a loan to any other body corporate or person; and

(iii) acq uired by way of subscription, purchase or otherwise, the securities of any other body corporate.

f) RELATED PARTY TRANSACTIONS:

During the year under review, all the Related Party Transactions of repetitive nature were in the ordinary course of business and on an arms length basis. Those transactions and subsequent material modification were entered into after the Audit Committee of Directors prior approval or approval in the form of omnibus approval as provided in SEBI LODR Regulations.

Apart from these, the Company has carried out transactions with the following related parties as per the long term contracts approved by the Audit Committee and Board of Directors of the Company as required under the Act and the SEBI LODR Regulations:

con tinued the arrangement with M/s. TML Industries Limited (‘TML) for manufacture of the Companys product on job-work basis at TMLs factory premises situated at Village: Piludra, Dist: Bharuch and Village: Karakhadi, Dist: Vadodara;

r eceipt of lease rent for leasing of the Companys capital assets to TML pursuant to Lease Agreement;

P ayment of Commission on Sales to M/s. Anshul Life Science as a Distributor of the Companys products (upto 24th July, 2024); and

S upply agreement between the Company and Silox India Private Limited (‘SIPL) for supply of Sulphur Dioxide.

The above transactions were not material related party transaction and hence prior approval of the shareholders of the Company was not required to be obtained. The Company has also granted financial assistance to Shroff Foundation Trust, Baroda Citizens Council, Shrujan LLDC, Shroffs Family Charitable Trust and Vivekanand Research Training Institute for carrying out charitable activities, after prior approval of Audit Committee.

The Directors draw attention of the members to Note no. 43 to the financial statement which sets out related party disclosures. Form AOC 2 pursuant to clause (h) of sub-section (3) of Section 134 of the Act read with Rule 8 (2) of the Companies (Accounts) Rules, 2014 is also attached as Annexure II to this report.

The policy on materiality of related party transactions etc., as approved by the Board is placed on the Companys website on the link: https://www.transpek.com/wp-content/uploads/2022/04/Policy-on-Related-Party-Transactions.pdf.

g) RISK MANAGEMENT:

The Company has formulated a policy to identify and evaluate business risks and opportunities in compliance with the provisions of Section 134 (3) (n) of the Act. This policy framework ensures transparency, minimises adverse impact on the business objectives and enhances the Companys competitive advantage.

On the basis of ISO: 31000 standard, the Company has adopted the Risk Management Procedures and has also put a mechanism in place for managing risk factors in technical and commercial areas. During the year under review, your Company has identified critical risks of the Company which the Committee/Board periodically review and suggest mitigating measures.

As per regulation 21 of SEBI LODR Regulations, it is not mandatory for the Company to have a Risk Management Committee. However, the Company has voluntarily constituted a Risk Management Committee.

Details of terms of reference of the Risk Management Committee and composition of the Committee is given in the Corporate Governance Report.

Also, a brief analysis of the Companys Opportunities and Threats are given in Management Discussion and Analysis Report.

h) EVALUATION OF THE PERFORMANCE OF THE BOARD, COMMITTEES OF DIRECTORS AND INDIVIDUAL DIRECTORS:

Pursuant to the provisions of Sections 134 (3) (p) and 178 of the Act, Rule 8 (4) of the Companies (Accounts) Rules, 2014 and Regulations 17 and 19 of SEBI LODR Regulations, the Board has carried out an annual performance evaluation of its own performance, the directors individually, evaluation of the Chairman of the Board as well as of the working of the Audit, Nomination & Remuneration and other Committees of the Board. The manner in which the evaluation has been carried out has been explained in the ‘Corporate Governance Report which forms a part of this Annual Report.

i) MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY WHICH HAVE OCCURRED BETWEEN THE END OF FINANCIAL YEAR OF THE COMPANY TO WHICH THE FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT:

There were no material changes and commitments that have affected the financial position of the Company which have occurred between the financial year ended on 31^st March, 2025 and the date of this report.

j) ADEQUACY OF INTERNAL FINANCIAL CONTROLS:

The Company has laid down adequate and effective Internal Financial Controls with reference to financial statements, commensurate with its size and nature of business operations. During the year, such controls were tested and upgraded, where necessary, and no reportable material weaknesses in their design or operation were observed.

k) LEGAL COMPLIANCE:

The Board has devised proper systems commensurate with the size and operations of the Company to monitor and ensure compliance of all the applicable laws, Rules and Standards and the said system is found adequate and operating effectively. The functional heads of the different departments responsible for compliance submit compliance reports to the Managing

Director, based on which the Company Secretary and the Managing Director provide compliance certificate to the Board on a quarterly basis. The Company also has put in place a software for Compliance Tracker for all compliances that the Company is required to carry out.

l) CORPORATE SOCIAL RESPONSIBILITY (CSR):

During the year under review, your Company carried out various CSR activities directly as well as through the organisations to whom your Company had provided funds for carrying out its CSR activities. Details of such activities are as under:

Unified Growth Foundation (UGF) UGF publishes ‘Balmurti online magazine once in every fortnight which is globally distributed through different national and international news platforms. The magazine is meant for all the various stakeholders working with children. Balmurti also has presence on social media platforms like Twitter, Facebook and Instagram. During 2024-2025, a total of 24 magazines have been released. Audio and video articles published in the magazine are available on its official website www.balmurtionline.com. About 25,000 emails and 10,000 WhatsApp messages are being forwarded worldwide to circulate Balmurti.

SaMvitti Foundation continued “Connecting women with literature” project. It aims at providing opportunity to women belonging to socially, economically and psychologically diverse backgrounds, through interactive engagement with classic and inspiring stories from Indian and world literature. During the year 2024-2025, total 70 offline sessions were conducted in different organisationsandtotal705womenandgirlswerebenefited.

Ram Krishna Mission (RKM) continued working for imparting values and life skill education to young boys and girls to make them able and better citizens of the future. Altogether, 120 underprivileged school students residing in Ekalbara village and in . low-incomeareasofVadodaracitywerebenefited

Aatapi Seva Foundation continued the Help Desk Project to assist villages in accessing government schemes. Out of 1,464 community members linked, 923 received benefits totalling approximately Rs 31 Lakhs.

Sais Angel Foundation (SAF) continued to provide trainings for 30 teachers and coordinators from various institutions to impart values through the ‘Nachiketa Life Skill Module. Aimed at those working directly with youth, the sessions covered topics like Self to Selflessness, Contribution, Communication, Time Management, and Creative Thinking.

The STEM Project aimed to spark curiosity and interest in science and technology among students through a “learning by doing” approach, while also enhancing teachers skills to independently implement STEM activities at their centers. A total of98studentsbenefited. The project strengthened teachers capacity, boosted students creativity and curiosity, and fostered leadership qualities among them

Shroffs Foundation Trust (SFT) continued The SHANTI Health project which is implemented in 34 villages of Chhotaudepur.

During the year, many patients were screened and given primary treatment. 255 health awareness and educational programmes were conducted in which 5,796 participants benefited.

Sharda Medical Centre (SMC) is a need-based model equipped and developed to cater health needs of local people from remote areas of Chhotaudepur. The Company supported to re-establish the SMCs premises and infrastructure during the year due to an increase in people who approachedthecentreforavailinghealthbenefitsand services. Approx. 3,500+ patients were benefited Under the comprehensive livelihood programme, many tribal households in Chhotaudepur are provided with Kadaknath poultry birds units to 350 Farmers with knowledge, health care support and nutritious food. Also, provided Goats to 40 Farmers, to make them successful entrepreneurs.

Ongoing Project with Shroffs Foundation Trust for Skill Development and Livelihood: Your Company along with SFT is carrying out a project for a span of 3 years from the year 2022-2023 for installation and maintenance of micro drip irrigation and solar powered technology which would be transferred to local youths after the project gets complete for them to earn livelihood. This project is being carried out in Chhotaudepur and Narmada District of Gujarat. In this project, total 112 Youth provided trainings and became entrepreneurs.

CSR activities carried out directly by the Company:

The Companys own CSR team continued to initiate programmes in villages in and around Ekalbara. Under the Education support programme, the team supported 225 students of classes I to X, for better academic performance. Results showed that the students academic performance substantially improved. The students are also guided and motivated for higher studies. The Companys Vocational Training Centre (VTC), launched in January 2021, continued during the year. Several NGOs approached the Company to replicate the VTC model. As a result, VTCs were established in Jambusar and Bharuch through Aatapi Seva Foundation, in Dholera, Ahmedabad through Mahiti Trust, and in Vadodara City through Mahavir Foundation Trust and Sais Angel Foundation Trust. Through these centres, 181 youths received technical training, and 70 of them have started earning through self-employment or job placements.

This year, your Company was honoured with two prestigious awards in recognition of its outstanding contribution to Corporate Social Responsibility (CSR). The first was awarded by the Western India Exim Awards 2025, acknowledging the Companys impactful initiatives and commitment to community development. The second recognition came from Parul University, Vadodara, for the Companys consistent efforts in driving meaningful change through various CSR programmes, including skill development, education, and social welfare. These awards highlight the Companys dedication to creating sustainable and inclusive growth in the regions it serves.

A brief outline of the policy and the CSR activities carried out during the year is annexed to this report as ‘Annexure - IV.

m) PARTICULARS OF EMPLOYEES:

The information required under Section 197 (12) of the Act read with Rule 5 (2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is annexed as ‘Annexure V and forms part of this Report.

n) SECRETARIAL AUDITOR AND SECRETARIAL AUDITORS REPORT:

Pursuant to the provisions of Section 204 of the Act and the Rules made thereunder and Regulation 24A of the SEBI LODR Regulations, the Board of Directors has appointed Shri Vijay L. Vyas, Practising Company Secretary (FCS: 1602; CP No. 13175), Vadodara, as the Secretarial Auditor of the Company to conduct Secretarial Audit for the year ended 31^st March, 2025. The Secretarial Auditor has submitted his Report on Secretarial Audit conducted by him which is annexed to this report as ‘Annexure VI. He has also given Annual Secretarial Compliance Report as required under SEBI LODR Regulations, which has been submitted to BSE Limited. The said Reports do not containanyqualification,reservation or adverse remark.

8. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

Shri Ramkisan A. Devidayal, Independent Director of the Company resigned as Independent Director w.e.f. 24^th June, 2025, due to his ill health. The Board of Directors of the Company placed on record their deep sense of appreciation for all the valuable insights, inputs and guidance given by him for the growth of the Company during his brief tenure as Independent Director and wished him a speedy recovery.

During the year under review, Shri Atul G. Shroff, Director and Promoter of the Company ceased to be a Director w.e.f. 8^th October, 2024, due to sudden and unexpected demise. Since the inception of the Company, he managed the Company and under his able leadership, the Company reached great heights. He also contributed significantly in upliftment of Communities through welfare and CSR activities. He was highly respected in Chemical Industry World and Business World in General. His sudden and unexpected passing away is an irreparable loss to the Company, the Board of Directors and the employees, who convey their deep sorrow and condolences to his family.

Shri Dipesh K. Shroff, Non-Executive and Non-Independent Director of the Company, will retire by rotation at the ensuing Annual General Meeting and, being eligible, offers himself for re-appointment. The Directors recommend his re-appointment.

There was no change in Key Managerial Personnel during the year.

9. TRANSFER OF SHARES TO INVESTOR EDUCATION AND PROTECTION FUND ACCOUNT SET UP BY GOVERNMENT OF INDIA:

During the year under review, the Company has transferred to IEPF the unclaimed dividend amount of Rs 7,77,987/- and 5407 equity shares of the shareholders of the Company whose dividend had been lying unclaimed with the Company for a period seven consecutive years pursuant to Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 and subsequent amendments thereto by the Ministry of Corporate Affairs, Government of India.

The list of the shareholders whose dividend and shares are transferred to IEPF is available on the Companys website www. transpek.com.

10. DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to the requirements under Section 134 (3) (c) of the Act with respect to Directors Responsibility Statement, the

Directors state that:

a) In the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

c) ^{The Directors had 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;

b) The Directors had selected such accounting policies 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 the Company at the end of the financial year and of the profit and loss of the Company for that period;

d) The Directors had prepared the annual accounts on a going concern basis;

e) ^{The Directors had laid down internal financial} controls to be followed by the Company and that such internal financialcontrols are adequate and were operating effectively; and

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

11. DECLARATION BY INDEPENDENT DIRECTORS:

The Company has received declarations from all the Independent Directors of the Company confirming that they meet the criteria of independence as prescribed under sub-section (6) of Section 149 the Act as well as under Regulation 25 of SEBI LODR Regulations.

12. CORPORATE GOVERNANCE:

A separate report on Corporate Governance as required under Regulation 34 of the SEBI LODR Regulations, 2015 is included in this Report along with a certificate of the Auditor confirming its compliance with the conditions of Corporate Governance stipulated under the said Regulation.

13. AUDITORS AND AUDITORS REPORT:

a) ST ATUTORY AUDITORS:

The members of the Company, had, at 54^th Annual General Meeting held on 23^rd September, 2020, appointed M/s. Bansi S. Mehta & Co., Chartered Accountants, Mumbai as Statutory Auditors of the Company for a period of five years i.e. from the conclusion of the 54^th Annual General Meeting upto the conclusion of 59^th Annual General Meeting to be held in the year 2025 as prescribed under Section 139(1) and (2) of the Act and relevant rules framed thereunder. The remuneration of Auditors reservation or adverse remark as recommended by the Audit Committee is approved by the Board.

The Auditors Report does not contain any reservation or adverse remark or disclaimer. The Notes on financial statement referred to in the Auditors

Report are self-explanatory and do not call for any further comments.

The Company proposed to re-appoint M/s. S. Mehta & Co., Chartered Accountants, Mumbai as Statutory Auditors of the Company for a further period of five years, subject to approval of the members of the Company at the ensuing 59^th Annual General Meeting. The Board of Directors commend their re-appointment.

M/s . Bansi S. Mehta & Co. have given their required under Section 139(1) of the Companies Act, 2013 (“the Act”) and Rule 4 of the Companies (Audit and Auditors) Rules, 2014.

b) COST AUDIT COMPLIANCE: their The Board had appointed M/s. Y.S.Thakar & Co Accountants, as the Cost Auditors for conducting cost audit of cost records of the Company for the Financial Year 2024-2025 under Section 148 (1) of the Act. Pursuant to Section 148 of the Companies Act, 2013 and the Companies (Cost Records and Audit) Rules, 2014, Cost Audit Report for the financial year ended 31^st March, 2024 was submitted to the Central Government on 23^rd August, 2024. Their Report did not contain or any qualification, disclaimer.

The Board has, at its meeting held ^th March, 2025,on 25 appointed M/s. Kishore Bhatia & Associates as Cost Auditors of the Company cost audit of cost records of the Company for the Financial Year 2025-2026 under Section 148 (1) of the Act. Pursuant to Section 148 of Bansi the Companies Act, 2013 and the Companies (Cost Records and Audit) Rules, 2014.

Nec essary resolution for approval of their as recommended by the Audit Committee and the Board of Directors is being proposed for ratification at the ensuing 59^th Annual General Meeting. The Board of as Directors commend their appointment.

14. DISCLOSURES: a) A UDIT COMMITTEE:

Det ails of the composition of the Audit Committee of Directors of the Company have been mentioned in the Corporate Governance Report. During the year under review, there were no instances wherein the Board of Directors of the Company did not accept the recommendations of the Audit Committee.

More details about all the Committees of Directors are given in the Corporate Governance Report.

b) ME ETINGS OF THE BOARD:

During the year under review 7 (seven) Board meetings were held. For further details, please refer to the Report on Corporate Governance.

c) VIG IL MECHANISM/WHISTLE BLOWER:

The Company has established a Vigil Mechanism/Whistle Blower Policy to report genuine concerns about unethical behaviour, actual or suspected fraud or violation of code of conduct, details of which have been given in the Corporate Governance Report. The Whistle Blower Policy has been posted on the website of the Company and can be accessed at link ·http://www.transpek.com/pdf/whistle-blower-policy.pdf.

15. CHANGE IN THE NATURE OF BUSINESS:

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

16. FIXED DEPOSITS:

During the year under review, your Company has accepted/renewed deposits amounting to Rs 9,63,75,000/- only from the shareholders of the Company. The deposits which matured and remained unclaimed as at 31^st March, 2025 amount to Rs 21,23,000/-. The Company had sent written reminders to the Depositors for their appropriate action in this regard and as on the date of this report deposits amounting to Rs 15,62,000/- only have remained unclaimed.

The Deposits and Interest which remained unclaimed for the last seven years have been transferred to the Investor Education and Protection Fund as required under Section 125 of the Act. The list of the depositors whose deposits and interest are transferred to IEPF is available on the Companys website https://www.transpek.com/index.php/policies-and-other-information/.

During the year, there has been no default in repayment of deposits or payment of interest thereon. Also, during the year, there were no deposits accepted by the Company which did not comply with the requirements of Chapter V of the Act.

17. STOCK EXCHANGE:

The Companys equity shares are listed on the BSE Limited and the Listing Fees of the Company for the Financial Year 2024-2025 have been paid. The address of the said Exchange is as under:

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001.

Scrip ID: ‘transpek; Scrip Code: 506687; Group/Index: ‘B; ISIN: INE687A01016

18. HEALTH CARE AND WELFARE OF EMPLOYEES:

Employees Welfare Schemes such as subsidised food in the Companys canteen at the factory, medical facilities, Group Term Life Insurance, Group Mediclaim Insurance and Group Accident Insurance continued to be maintained by the Company. The Company has also availed a top up medical insurance policy of Rs 4,00,000/- per employee so that they can avail proper medical treatment. Sports and cultural activities are given due importance. The Company has also set up a place for playing Table Tennis and a Gym for the employees. Employees are also given core long-term health offering which includes making available preventive medical examinations to cover mental health, fitness and nutrition. Employees are offered training programmes and workshops on health-oriented leadership. Monetary support is also given to employees who wish to acquire higher educational qualifications.

The Company has also availed regular services of a homeoepathy doctor at all three sites and registered office. Several employees consult the said doctor and are seeing good results in their health issues.

Merit awards are given to employees children for their academic achievements. The Company promotes innovation, rewards for performance and provides opportunities for people to grow. In addition, your Company has put in place a range of initiatives for attracting and retaining a high-performance work force. The Company also rewards exemplary performance of employees.

The Company has also initiated Fun Friday Activity for its employees at Factory and Registered Office wherein employees participate in fun games.

19. PROTECTION OF WOMEN AT WORKPLACE:

The Company has employed a number of women in various cadres. It has put in place a Prevention of Sexual Harassment Policy at work place in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. An internal committee of women employees is also set up to redress complaints received which are monitored by women supervisors who are fully aware of the Policy and redressal mechanism. All employees of the Company and those of contractors as well as trainees are covered under this Policy. No complaint was received from any employee is pending as on 31 duringthefinancial ^st March, 2025 for redressal.

20. MANAGEMENT DISCUSSION AND ANALYSIS:

The report on Management Discussion and Analysis as required under Regulation 34 (2) (e) and Schedule V of SEBI LODR

Regulations dealing with the Operations, Business Performance, etc. is given separately and it forms part of this Annual Report.

ACKNOWLEDGEMENTS

The Directors wish to acknowledge the co-operation and assistance extended to the Company by the Companys Bankers and Central and State Government agencies. Your Directors also wish to place on record their appreciation of the contribution made by employees at all levels towards the growth of the Company. Your Directors acknowledge with gratitude the support of the shareholders, investors, customers and suppliers for the faith reposed in the Company and its management.

	BY ORDER OF THE BOARD
	A. C. SHROFF
PLACE: VADODARA	CHAIRMAN
DATED: 25th June, 2025	DIN: 00019952