TTI Enterprise Ltd Directors Report

Dear Members,

The Directors of your Company have pleasure in presenting the 44^th Annual Report of TTI Enterprise Limited ("the Company"] together with the audited financial statements for the financial year ended 31st March, 2025.

1. FINANCIAL PERFORMANCE

The Companys financial performance for the year ended 31st March, 2025 as compared to the previous financial year is summarised below:

(Amount in Rs.)

Particulars	Standalone
	FY 2024-25	FY 2023-24
Revenue from operations	2,84,03,349	2,97,76,314
Other Income	0	0
Total Income	2,84,03,349	2,97,76,314
Expenses	1,92,85,616	2,69,13,690
Profit before tax	91,17,733	28,62,624
Less: Tax Expense	13,287	5,98,234
Profit after Tax	91,04,445	22,64,390
Other comprehensive Income (net of taxes]	0	0
Total Comprehensive income for the year	91,04,445	22,64,390

2. STATE OF AFFAIRS / HIGHLIGHTS

TTI Enterprise Limited is a public limited company incorporated on 12 June, 1981 under the Companies Act, 1956 and having its registered office at Room No-822, 8th Floor, 4 Synagogue Street Kolkata, West Bengal - 700 001. The company is a non-deposit taking Non-Banking Finance Company vide the Reserve Bank of India registration number B.05.02515.

3. DIVIDEND

In the view of strengthening the financial position of the Company and to enhance reserve base of the Company, the Directors have not recommended any dividend during the financial year 2024-25.

4. TRANSFER TO RESERVES

The Company during the year under review, in accordance with Section 45-IC (1] of The Reserve Bank of India Act, 1934 has not transferred any amount to Statutory Reserve. As on date of board report the company has transferred to the Statutory Reserve aggregating to Rs. 23,88,268/- as required under regulations applicable to NBFC.

5. SHARE CAPITAL

The total Authorised capital of the Company as on March 31, 2025 is Rs. 25,50,00,000/- comprising of 2,55,00,000 Equity Shares of Rs. 10/-

During the financial year, the Company has not increased its Authorised Share Capital.

The total paid up capital of the Company as on March 31, 2025 is Rs. 25,40,44,220/- comprising of 2,54,04,422 Equity Shares of Rs. 10/-.

During the financial year, the Company has not allotted any equity shares.

6. BUSINESS OUTLOOK:

Your Company is fully aware and well positioned to tab market opportunities. We would like to add that Management is looking forward to an optimistic year 2025-26 and we appreciate all our stakeholders for their faith in the Company especially during these challenging times. We are optimistic about the opportunities ahead of us, and we look forward to taking our Company to greater heights and achieving many more successes in the years to come.

7. CONSOLIDATED FINANCIAL STATEMENTS

In compliance with the applicable provisions of the Companies Act, 2013 including the relevant Indian Accounting Standards (Ind AS] as issued by the Institute of Chartered Accountants of India and notified under Section 133 of the Companies Act, 2013, Consolidated financial statements are not applicable to the Company.

8. REPORT ON THE PERFORMANCE OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE COMPANIES

The Company does not have any Subsidiaries, Associates and Joint Venture within the meaning of Section 2(6] of the Companies Act, 2013.

9. RELATED PARTY TRANSACTIONS

In line with the requirements of the Act and the SEBI Listing Regulations, the Company has adopted a Policy on the Related Party Transactions, which is available on the Companys website at

https://www.ffienterprises.com/Uploads/20220904180643860RelatedPartvTransactionPQLICYu nderCA.2013.pdf

All the related party transactions and subsequent modifications are placed before the Audit Committee for their review and approval. Prior Omnibus approval is obtained before the commencement of the new financial year, for the transactions which are repetitive in nature and for transactions which are not foreseen (subject to a financial limit].

A statement of all related party transactions is placed before the Audit Committee on a quarterly basis specifying the nature, value and terms & conditions of the transactions.

During the year under review, all the transactions entered into by the Company with the Related Parties were at arms length and in the ordinary course of business. These transactions were pre approved by the Independent Directors of the Audit Committee. The transactions entered by the Company with the related parties during the year were in compliance with the applicable provisions of the Companies Act, 2013 and the Listing Regulations.

The details of actual transactions were reviewed by the Audit Committee on a quarterly basis. The transactions entered by the Company during the year under review were in conformity with the Companys Policy on Related Party Transactions.

10. PARTICULARS OF LOANS, GUARANTEES, INVESTMENTS AND SECURITIES

In terms of Rule 11(2] of the Companies (Meetings of Board and its Powers) Rules, 2014, NBFCs are excluded from the applicability of Section 186 of the Act, 2013, where the loans, guarantees and securities are provided in the ordinary course of its business. Details of investments under Section 186 of the Act, 2013 for the financial year 2024-25 are provided in the financial statement.

11. MATTERS RELATED TO DIRECTORS AND KEY MANAGERIAL PERSONNEL

As on date of the report, the Board of Directors of the Company comprises of Five Directors, of which Two are Executive Directors and three Independent Directors (including Woman Independent Director).

The constitution of the Board of Directors of the Company is in accordance with Section 149 of the Companies Act, 2013 and Regulation 17 of the Listing Regulations, as amended from time to time.

Following changes have taken place in the Board of Directors:

Appointments of Directors and KMP:

• Mr. Chandra Prakash Singh was appointed as a Company Secretary and Compliance Officer of the Company with effect from 27^th August, 2024.

• Mr. Nikhil Kombath Mohanan is appointed as Chief Financial Officer (CFO) of the Company with effect from 31^st August, 2024.

• Mr. Hitenkumar Jayantilal Prajapati (DIN: 10002315) appointed as an Additional NonExecutive and Independent Director of the company with effect from 11^th June, 2025 subject to the approval in ensuing Annual General Meeting of the Company.

• Mr. Chirag R Shah (DIN: 08174425], appointed as an Additional Non-Executive and Independent Director of the company with effect from 29^th August, 2025 subject to the approval in ensuing Annual General Meeting of the Company.

Resignation of Directors and KMP:

• Ms. Payal Bafna (DIN: 09075302] resigned from the post of Non-Executive and Independent Director of the company with effect from 10^th October, 2024.

• Mrs. Jagrati Suhalka resigned as a Company Secretary and Compliance Officer of the Company with effect from 30^th May, 2024.

• Mr. Anshuman Behra resigned as a Chief Financial Officer of the Company with effect from 23^rd May, 2024.

• Mr. Asir Raja Selvan (DIN: 07586210], vide his resignation letter dated 17^th July, 2025 has resigned as Independent Director from the Board of the Company with effect from 17^th July, 2025, due to his preoccupation and other professional commitments

Directors liable to retire by rotation:

• In Director accordance with the provisions of The Companies Act, 2013 and the Articles of Association of Company, Mr. Valath Sreenivasan Ranganathan (DIN: 02786224] retire by rotation at the ensuing Annual General Meeting of the Company and being eligible, offers himself for re-appointment.

The Board recommends all the resolutions placed before the members relation to the appointment / re-appointment of directors for their approval.

12. STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY,

EXPERTISE AND EXPERIENCE (INCLUDING THE PROFICIENCY) OF THE

INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR

With regard to integrity, expertise and experience (including the proficiency] of the Independent Directors appointed/ re-appointed during the Financial Year 2024- 25, the Board of Directors have taken on record the declarations and confirmations submitted by the Independent Directors and is of the opinion that all the Independent Directors are persons of integrity and possess relevant expertise and experience and their continued association as Directors will be of immense benefit and in the best interest of the Company.

13. DECLARATIONS BY INDEPENDENT DIRECTORS

In accordance with Section 149(7] of the Companies Act, 2013, and Regulation 25(8] of the Listing Regulations, as amended, each Independent Director of the Company has provided a written declaration confirming that he/she meets the criteria of independence as stipulated under Section 149(6] of the Companies Act, 2013 and Regulation 16(1](b] of the Listing Regulations.

In the opinion of the Board, Independent Directors fulfil the conditions specified in Companies Act, 2013 read with the Schedules and Rules issued thereunder as well as Listing Regulations and are independent from Management. All the Independent Directors of the Company have enrolled their names in the online database of Independent Directors maintained with the Indian Institute of Corporate Affairs in terms of Section 150 of the Companies Act, 2013 read with Rule 6 of the Companies (Appointment & Qualification of Directors] Rules, 2014.

14. FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS

The Company arranges detailed presentations at the Board meetings to familiarise Independent Directors with the Companys business, strategy, annual plan and budget, operations, etc. Functional heads are invited to provide update and insights in the areas of HR, Supply chain and logistics, IT and Cyber Security, IFC, ESG and CSR, etc.

Directors are regularly briefed on the regulatory changes and legal updates applicable to the Company. This facilitates Board interaction and engagement with the Senior Management team. The details of the training and familiarisation programmes arranged by the Company during FY 2024-25 are disclosed on the Companys website under the web-link https://www.ttienterprises.com/Uploads/20220904180555123FAMILIARIZATI0NPR0GR AMMEF0RINDEPENDENTDIRECT0RS.pdf

15. DISCLOSURES RELATED TO BOARD, COMMITTEES AND POLICIES Board Meetings

The Board of Directors met Five (5] times during the financial year under review. The details of the Board meetings and attendance of each Director thereat are provided in the Corporate Governance Report forming part of the Annual Report.

Audit Committee

The Companys Audit Committee composition is in line with the requirements of Section 177 of the Companies Act, 2013 and Regulation 18 of the Listing Regulations. The composition of the Audit Committee as on date of this report is as under:

Name	Designation	Category
1 Chirag R Shah	Chairperson	Non-Executive - Independent Director
2 Sonal Atal	Member	Non-Executive - Independent Director
3 Ranganathan V S	Member	Executive Director

The terms of reference of the Audit Committee and the particulars of meetings held, and attendance thereat are mentioned in the Corporate Governance Report forming part of the Annual Report.

The Members of the Audit Committee are financially literate and have requisite accounting and financial management expertise. During the year under review, all the recommendations made by the Audit Committee were accepted by the Board.

Nomination and Remuneration Committee

The composition of the Nomination and Remuneration Committee as on date of this report is as under:

Name	Designation	Category
1 Sonal Atal	Chairperson	Non-Executive - Independent Director
2 Chirag R Shah	Member	Non-Executive - Independent Director
3 Hitenkumar Jayantilal Prajapati	Member	Non-Executive - Independent Director

The terms of reference of the Nomination and Remuneration Committee and the particulars of meetings held, and attendance thereat are mentioned in the Corporate Governance Report forming part of the Annual Report.

The Company has formulated a Nomination and Remuneration Policy, which sets standards for appointment, remuneration and evaluation of the Directors, Key Managerial Personnel, Senior Management Personnel and other employees of the Company.

The said policy inter-alia other matters include the criteria for determining qualifications, attributes, independence of Directors as required under sub-section (3] of Section 178 of the Companies Act, 2013 and the Listing Regulations.

The Nomination and Remuneration Policy of the Company is available on the Companys website under the web-link

https://www.ttienterprises.com/Uploads/20220904180609942NominationandRemunera tionPolicyunderCA.2013.pdf

Stakeholders Relationship Committee

The Stakeholders Relationship Committee was constituted by the Board of Directors in compliance with the provisions of Section 178 of the Companies Act, 2013 and Regulation 20 of the Listing Regulations.

The Composition as on date of this report is as under:

Name	Designation	Category
1 Hitenkumar Jayantilal Prajapati	Chairperson	Non-Executive - Independent Director
2 Sabu Thomas	Member	Executive Director
3 Chiarg R Shah	Member	Non-Executive - Independent Director

The brief terms of reference of the Stakeholders Relationship Committee and particulars of meetings held and attendance thereat are mentioned in the Corporate Governance Report forming part of the Annual Report.

16. DIRECTORS RESPONSIBILITY STATEMENT

In terms of Section 134(5] of the Companies Act, 2013, in relation to the audited financial statements of the Company for the year ended 31st March, 2025; the Board of Directors hereby confirms that:

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

b] such accounting policies have been selected and applied consistently and the Directors 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 as at 31st March, 2025 and of the profit of the Company for that year;

c] proper and sufficient care was taken for the maintenance of adequate accounting records in accordance with the provisions of this Act, for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d] the annual accounts of the Company have been prepared on a going concern basis;

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

f] proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

17. VIGIL MECHANISM

Pursuant to the provisions of Section 177(9] of the Companies Act, 2013 read with Rule 7 of the Companies (Meetings of Board and its Powers] Rules, 2014, and in accordance with Regulation 22 of the Listing Regulations, the Company had adopted Vigil Mechanism Policy for Directors, Employees and other Stakeholders of the Company to report concerns about unethical behaviour.

The policy provides a mechanism, which ensures adequate safeguards to Employees, Directors and other stakeholders from any victimisation on raising concerns of any violations of legal or regulatory requirements, incorrect or misrepresentation of any financial statements and reports, and so on.

The employees of the Company have the right/option to report their concern/grievance to Chairperson of the Audit Committee. The Company is committed to adhere to the highest standards of ethical, moral and legal conduct of business operations. The Vigil Mechanism Policy is hosted on the Companys website

https://www.ttienterprises.com/Uploads/20220904180716600VIGILMECHANISMANDW HISTLE-BLOWERPOLICYunderCA.2Q13.pdf

18. ANNUAL EVALUATION OF DIRECTORS, COMMITTEES AND BOARD

Pursuant to the provisions of the Companies Act, 2013 and as per the Listing Regulations, the Board of Directors carried out annual performance evaluation of its own performance, individual directors as well as the working of its committees.

The performance of the Board as a whole and of its committees was evaluated by the Board through structured questionnaire which covered various aspects such as adequacy of composition of Board and its Committees, execution and performance of specific duties and obligations, preparedness and participation in discussions, quality of inputs, effectiveness of the functions allocated, relationship with management, appropriateness and timeliness of information etc.

Taking into consideration the responses received from the Individual Directors to the questionnaire, the performance of the Board and its Committees was evaluated. The Directors expressed their satisfaction with the evaluation process.

In terms of requirements of Schedule IV of the Companies Act, 2013, a separate meeting of Independent Directors of the Company was held on 28^th May, 2024 and 16^th January, 2025 to review:

• The performance of non-independent directors and the Board as a whole and its committees thereof

• The performance of the Chairman of the Company, taking into account the views of executive directors and non executive directors;

• To assess the quality, quantity and timeliness of the flow of information between the Management and the Board. Performance evaluation of Independent Directors was done by the entire Board, excluding the Independent Director being evaluated.

19. PARTICULARS OF EMPLOYEES

The disclosure pertaining to remuneration and other details as required under Section 197(12] of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel] Rules, 2014 is annexed to this Report.

In terms of Section 136(1] of the Act, details of employee remuneration as required under provisions of Section 197 of the Companies Act, 2013 and rule 5(2] and rule 5(3] of the Companies (Appointment and Remuneration of Managerial Personnel] Rules, 2014 is available for inspection. Any member interested in obtaining a copy of the same may write to Company at tti1711@gmail.com from their registered e-mail address.

20. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY

The details of the internal financial control systems and their adequacy are included in the Management Discussions and Analysis Report, which forms part of the Annual Report.

21. AUDITORS AND REPORTS

The matters relating to the Auditors and their Reports are as under:

STATUTORY AUDITORS:

M/s. Mark & Co. Chartered Accountant (FRN: 142902W] were appointed as Statutory Auditors of the Company at the 41^st AGM held on 28^th September, 2022 till the conclusion of Annual Meeting of the Company to be held in the year 2027. The Auditors have issued an unmodified opinion on the Financial Statements for the financial year ended 31st March, 2025. The said Auditors Report(s] for the financial year ended 31st March, 2025 on the financial statements of the Company forms part of this Annual Report.

Observations of Statutory Auditors on Accounts for the year ended 31st March, 2025

The Auditors Report for the financial year ended 31st March, 2025 does not contain any qualification, adverse remark or reservation and therefore, do not call for any further explanation or comments from the Board under Section 134(3] of the Companies Act, 2013. The Auditors have not reported any matter to the Company required to be disclosed under Section 143(12] of the Companies Act, 2013.

COST AUDITORS:

The Company has not appointed the Cost Auditor as pursuant to Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit] Amendment Rules, 2014, the cost audit is not applicable to the Company.

SECRETARIALAUDITOR:

In terms of Section 204 of the Act and Rules made there under, Ms. Prity Bishwakarma, Practising Company Secretary, Proprietor of M/s. Prity Bishwakarma & Co., a Peer Reviewed Firm, has been appointed as the Secretarial Auditor of the Company for the Financial Year 2024-2025 and for the same MR-3 Secretarial Audit Report was issued as ANNEXURE I.

The said report contains certain observation or qualifications which are as under:

1. Company have received several notices from BSE regarding updating of SDD compliance status and submission.

Board Comment: Company has purchased the SDD Software and will update it at earliest.

2. Company have not uploaded all intimations on time and few intimations have not been given.

Board Comment: Company will take care of it in future to avoid any Non Compliances and late submission.

3. It is noted that while several forms have been submitted on delay, there are still some that remain pending including Annual Filing.

Board Comment: Company will file all the pending forms at the earliest.

Furthermore, The Board of Directors of the Company, pursuant to the recommendations of the Audit Committee, has recommended appointment of /s. Prity Bishwakarma & Co., a Peer Reviewed Firm, as the Secretarial Auditors of the Company for a term of 5 (five] consecutive financial years commencing from 1st April, 2025 till 31st March, 2030 subject to approval of Members in the ensuing 41th Annual General Meeting.

22. RISK MANAGEMENT:

The Company has framed a Risk Management Policy containing the elements of risks and implementation strategy to mitigate those risks. During the year, the risk management policy was reviewed by the management of the Company; to make it more focused in identifying and prioritizing the risks, role of various executives in monitoring & mitigation of risk and reporting process. Its aim is to enhance shareholders value and to provide an optimum risk reward trade off.

The Risk Management Policy has been reviewed and found adequate to the requirements of the Company, and approved by the Board of Directors. Presently, the composition of Risk Management Committee as required under Regulation 20 of The SEBI (Listing Obligations and Disclosure Requirements] Regulations, 2015 is not applicable to the Company.

The Management evaluated various risks and that there is no element of risk identified that may threaten the existence of the Company.

The Risk Management Policy has been uploaded on the website of the Company and can be accessed at www.ttienterprises.com

23. CODE OF CONDUCT:

The Board of Directors has approved a Code of Conduct which is applicable to the Members of the Board and all employees in the course of day-to-day business operations of the Company. The code laid down by the Board is known as "Code of Business Conduct" which forms an Appendix to the Code. The Code has been posted on the Companys website.

24. INTERNAL AUDIT AND CONTROL

The Company has an internal financial control system commensurate with the size and designed reliable scale to of its provide financials operations. The internal financial controls have been reasonable assurance about recording and providing information, ensuring integrity in conducting business, accuracy and completeness in maintaining accounting records and prevention and detection of frauds and errors. These controls are adequate and

operating effectively so as to ensure orderly and efficient conduct of business operations. During the year under review, such controls were assessed and no reportable material weaknesses in the design or operation were observed.

25. ANNUAL RETURN

In terms of Section 92(3] of the Companies Act, 2013 read with Section 134(3](a] of the Companies Act, 2013, the Annual Return of the Company as on 31st March, 2025 is available on the Companys website at www.ttienterprises.com

26. CREDIT RATING

The Company has not issued any debt instruments and does not have any Fixed Deposit Programme or any scheme or proposal involving mobilization of funds in India or abroad during the financial year ended 31^st March, 2025. Hence during the financial year; there was no requirement to obtain such Credit Ratings.

27. LISTING WITH STOCK EXCHANGES

The Companys equity shares are listed on The BSE Limited (Scrip Code: 538597] and on Calcutta Stock Exchange.

28. SHARE TRANSFER / DEMAT CONNECTIVITY

The Company has appointed Niche Technologies Private Limited having its Registration Number: INR000003290 as Share Transfer Agent of the Company.

The Company is having demat connectivity with both depositories i.e. National Securities Depository Limited and Central Depository Services (India] Limited.

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

Being a Non-Banking Finance Company and not involved in any industrial or manufacturing activities, the Companys activities involve low energy consumption and has no particulars to report regarding conservation of energy , technology and absorption.

30. REPORT ON CORPORATE GOVERNANCE AND MANAGEMENT DISCUSSION AND ANALYSIS

A separate report on Corporate Governance is provided together with the Certificate from the Practicing Company Secretaries confirming compliance of conditions of Corporate Governance as stipulated under the Listing Regulations. Pursuant to the provisions of Regulation 34 read with Schedule V of the Listing Regulations, a report on Management Discussion & Analysis is attached separately, which forms part of this Annual Report.

31. SECRETARIAL STANDARDS COMPLIANCE

During the year under review, the Company has complied with all the applicable Secretarial Standards issued by The Institute of Company Secretaries of India and approved by the Central Government pursuant to Section 118 of the Companies Act, 2013.

32. DISCLOSURES AS PER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

The Company has zero tolerance for sexual harassment at workplace and has adopted a policy on prevention, prohibition and redressal of sexual harassment at workplace in line with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal] Act, 2013 and the rules thereunder for prevention and redressal of complaints of sexual harassment at workplace.

The Company has complied with provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal] Act, 2013. The details of complaints reported under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal] Act, 2013 during FY 2024-25 are as follows:

• No. of complaints received during the year	0
• No. of complaints disposed off during the year	0
• No. of complaints pending as on 31st March, 2025	0

33. MATERIAL CHANGES AND/OR COMMITMENTS THAT COULD AFFECT THE COMPANYS FINANCIAL POSITION, WHICH HAVE OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR OF THE COMPANY AND THE DATE OF THIS REPORT

No material changes and commitments, affecting the financial position of the Company occurred between the end of the Financial Year of the Company i.e. 31st March, 2025 and the date of this Directors Report except mentioned in the report.

34. SIGNIFICANT OR MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS

Company has filled waiver Request to BSE in the matter of fine imposed for Non-Compliance of the Requirement under Regulation 6(1] of SEBI (LODR) Reg, 2015 for the quarter June 2024 and BSE granted the waiver of fine and issues the warning letter to the Company to files relevant and adequate information regarding material events/incidents impacting the company in compliance with the SEBI (LODR] Regulations, 2015 not only in letter but in spirit.

No significant and material order has been passed by the regulator, court, tribunal, statutory and quasi-judicial body impacting the going concern status of the Company and its future operations.

35. FIXED DEPOSIT

The Company being non-deposit taking Non-Banking Financial Company - Investment and Credit Company (NBFC-ICC], has not accepted any deposits during the year under review. Further, the Company had also passed a board resolution to the effect that the company has neither accepted public deposit nor would accept any public deposit during the year under review, as per the requirements of Master Direction - Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank Directions]2016

36. GENERAL

Your Directors state that no disclosure or reporting is required in respect of the following items as there were no transactions for the same during the year under review:

a) Non-exercising of voting rights in respect of shares purchased directly by employees under a scheme pursuant to Section 67(3] of the Companies Act, 2013 read with Rule 16(4) of Companies (Share Capital and Debentures] Rules, 2014;

b) Receipt of any remuneration or commission from any of its subsidiary companies by the Managing Director or the Whole-time Directors of the Company;

c) Revision of the financial statements pertaining to previous financial periods during the financial year under review; Maintenance of cost records as per sub-section (1] of Section 148 of the Companies Act, 2013;

d) Frauds reported as per Section 143(12] of the Companies Act, 2013;

e) There were no employees who are in receipt of salary in excess of the limits prescribed under Companies (Appointment and Remuneration of Managerial Personnel] Rules, 2014.

f) The details of application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016] during the year along with their status as at the end of the financial year and

g) The details of difference between amount of the valuation done at the time of onetime settlement and the valuation done while taking loan from the Banks or Financial Institutions along with the reasons thereof.

ACKNOWLEDGEMENTS AND APPRECIATION

Your Board takes this opportunity to thank Companys employees at all levels for their hard work and commitment. Your Board also places on record its sincere appreciation for the continued support received from the customers, members, suppliers, bankers, financial institutions and all other business partners/associates.

tFor and on behalf of the Board of Directors of
For, TTI ENTERPRISE LIMITED
VALATH SREENIVASAN RANGANATHAN	SABU THOMAS
DIRECTOR	MANAGING DIRECTOR
DIN:02786224	DIN:08224794
DATE: 29th AUGUST, 2025
PLACE: KOLKATA