Venlon Enterprises Ltd Management Discussions

1. Industry structure and development:Not applicable, as there has been no manufacturing activity since 29 September 2018.

B) Opportunities and Threats: Nil

C) Outlook for the Company:

In the financial year 2021- 22 and 22- 23, the company discontinued all its operations including that of windmill. Management has initiated a structured plan for orderly disposal of the companys remaining assets.

D) Segment-wise or product wise performance:

The company has stopped operations in all the segments. Hence segment results are not applicable for the company.

E) Risks and concerns: Nil

F) Internal Control systems and their adequacy:

The external auditors have separately provided their opinion on the internal controls over financial reporting which is given as an Annexure to their Audit report. In their opinion, the Company has adequate internal control system over financial reporting and such internal controls over financial reporting were operating effectively.

G) Discussion on financial performance with respect to operation performance:

The Company has ceased all its operations, and accordingly, the Financial Statements have been prepared on other than the going concern basis. The Management intends to systematically realise the remaining assets of the Company to pay off the public shareholders.

H) Material developments in the Human Resources/ Industrial Relations front, including the number of people employed:

There were no material developments.

Number of employees: Nil

TO THE BOARD OF DIRECTORS OF Venlon Enterprises Limited

Certification by Chief Executive Officer and Chief Financial Officer of the Company

Annual Confirmation pursuant to Regulation 17(8) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

As required under the Regulation 17(8) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 to the best of our knowledge and belief, certify with respect to the financial results for the financial year ending 31st March 2026 as follows:

A. We have reviewed the financial statements and the cash flow statement for the year and that to the best of our knowledge and belief:

1. These statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading.

2. These statements together present a true and fair view of the Companys affairs and are in compliance with existing accounting standards, applicable laws and regulations.

B. There are, to the best of our knowledge and belief, no transactions entered into by the Company during the year which are fraudulent, illegal or violative of the Companys code of conduct.

C. We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the listed entity pertaining to financial reporting and we have disclosed to the auditors and the audit committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps they have taken or propose to take to rectify these deficiencies.

D. We have indicated to the auditors and the Audit committee:

1. significant changes in internal control over financial reporting during the year;

2. significant changes in accounting policies during the year and that the same have been disclosed in the notes to the financial statements; and

3. Instances of significant fraud of which we have become aware and the involvement therein, if any, of the management or an employee having a significant role in the Companys internal control system over financial reporting.

Place: Mysore

Date: 14.08.2026

C D Dattwani

Chairman and Managing Director

Saroji Dattwani Chief Financial Officer