Vision Cinemas Ltd Directors Report

Dear Members,

Your directors have pleasure in presenting before you the 33^rd Annual Report of the Company together with the Audited Financial Statements for the year ended 31^st March 2026.

1. COMPANY ACTIVITY & PERFORMANCE:

The principal activity of the company continues to be Cinema and Advertising

2. FINANCIAL SUMMARY OR HIGHLIGHTS/PERFORMANCE OF THE COMPANY:

Particulars	ended March 31, 2026	ended March 31, 2025
	Rs. In lakhs	Rs. In lakhs
Revenue from Operations	89.12	320.36
Expenses	99.46	319.53
Profit before Exceptional Items and Tax	-7.43	0.83
Exceptional Items (Expenses)/Income	00	00
Net Profit / (Loss) from Operation before Tax	-7.43	0.83
Tax expenses Current & (Deferred)	-0.68	-0.32
Net Profit / (Loss) after tax	-6.75	0.51
Earnings Per Share	-0.10	0.001

During the current financial year, the Company recorded revenue of 89.12 lakhs and incurred a net loss of 6.75 lakhs, as compared to a net profit of 0.51 lakhs in the previous financial year.

3. BUSINESS REVIEW AND GROWTH PROSPECTS

Your Company is one of the Oldest Exhibition and Movie Processing Laboratory Companies in southern India having a group presence (through other entities) of approximately 50 years. The Promoters have restructured the Board for two major reasons; to meet regulatory requirements and to mitigate the risk with respect to Business Management, Management Up gradation and to receive expert backing from veteran professionals in the Industry. It has also been making efforts to revamp the complete compliance structure of the Company to make it stakeholder friendly and ease of access to the Information.

The Company has also upgraded its websites to include online ticket bookings for its Cinema Screens and ease to Customers for a simple and easy cinema experience.

The Company has also started identifying areas where it can set up multiplexes and F&B store. The Company also plans to develop a unique brand name for its F&B stores to make it attractive and easy recognition amongst its customers.

Your Company has started working towards production of Advertisement motion Pictures. However it is in earlier stages, based on market Condition management plans to expand this segment.

4. DIVIDEND:

Company has not declared dividend this year.

5. RESERVE:

The Company has not transferred any amount to the General Reserve during the year under review.

6. DEPOSITS

During the year the Company has not accepted any deposit under Section 73 of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014. As on March 31, 2026, there are no unclaimed deposits with the Company. Further the Company has not defaulted in repayment of deposits or payment of interest thereon.

7. CHANGE IN THE NATURE OF BUSINESS

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

8. ANNUAL RETURN:

The Annual Return as required under Section 92(3) of the Companies Act, 2013 and Rule 12 of the Companies (Management and Administration) Rules, 2014 is available on the website of the Company and can be accessed at https://www.visioncinemas.in/investor-relations.

9. SHARE CAPITAL

a) Authorized Share Capital

During the year under review, there was a change in authorized share capital of the Company. Authorized share capital of the company as on March 31, 2026 was Rs.15,00,00,000/-, comprising of 1,50,00,000 equity shares of Rs.1/- each.

b) Paid-up Share Capital

During the year under review, there was a no change in paid up share capital of the Company. Paid up share capital of the company as on March 31, 2026 was Rs.7,89,20,455/- comprising of 7,89,20,455 equity shares of Rs.1/- each.

There is a difference of 80,96,795 shares between the Issued/Listed Equity Share Capital and the Paid-up Capital reflected in the MCA records. The difference pertains to the amount standing under "Forfeiture of Shares" arising out of reduction of capital pursuant to the Courts Order. Accordingly, the listed equity share capital is 7,08,24,205 equity shares, whereas the MCA records reflect paid-up capital of 7,89,21,000 including the forfeiture component.

Also Further, Management of the Company has also, in their board meeting, resolved to make necessary changes to update the capital in the books of Account and also provide required explanation and reconciliation to the Auditors for reporting accordingly to match the same with records furnished by Depositories, which actually stands correct and is presented correctly.

c) BUY BACK OF SECURITIES:

The Company has not bought back any of its securities during the year under review.

d) SWEAT EQUITY:

The Company has not issued any Sweat Equity Shares during the year under review.

e) BONUS SHARES:

No Bonus Shares were issued during the year under review.

f) RIGHTS ISSUE:

The Company has not issued any Rights issue during the year under review.

g) EMPLOYEES STOCK OPTION PLAN:

The Company has not provided any Stock Option Scheme to the employees.

h) SHARES WITH DIFFERENTIAL RIGHTS:

Company has not issued any shares with Differential Rights for the year under review.

i) ISSUE AND ALLOTMENT OF EQUITY SHARES ON THE BASIS PREFERENTIAL ALLOTMENT:

Company has not issued equity shares on preferential basis.

10. THE MATERIAL CHANGES AND COMMITMENTS, IF ANY AFFECTING THE FINANCIAL POSITION

OF THE COMPANY OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THESE FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT:

No material changes and commitments affecting the financial position of the company occurred from the end of the financial year 2025-26 till the date of this report. Further there was no change in the nature of the business of the company.

11. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:

The particulars of loans given, guarantees provided, and investments made by the Company during the financial year under review, as required under Section 186 of the Companies Act, 2013, are provided in the notes to the financial statements forming part of this Annual Report.

12. DETAILS OF CREDIT RATING

The Company has not obtained any credit rating during the Financial Year.

13. DIRECTORS & KEY MANAGERIAL PERSONNEL:

As on March 31, 2026, your Board comprises of 4 Directors including 2 Independent Directors. Pursuant to the provisions of Section 152 of the Companies Act, 2013 and the Articles of Association of the Company Mrs. Anita Vasanth (DIN: 01763255 Director retires by rotation at forthcoming Annual General Meeting and being eligible offers herself for re-appointment. The brief resume and other details as required under the Listing Regulations are provided in the Notice of the 33^rd Annual General Meeting of the Company.

Pursuant to the provisions of Section 149, 152 of the Companies Act, 2013 Mr. Muthuswamy Hariharan (DIN: 08497968) and Babu Reddy Srinivas Reddy (DIN: 11276910) Independent Director of the Company.

In terms of Section 203 of the said Act, the following were designated as Key Managerial Personnel of your company by the Board:

Mr. Bindiganavale Rangavasanth Managing Director

Mr. Anita Vasanth Chief Financial Officer

Ms. Kanti Gajanana Hegde Company Secretary & Compliance Officer

14. CHANGE IN COMPOSITION OF BOARD OF DIRECTORS AFTER THE CLOSURE OF FINANCIAL

YEAR:

During the financial year 2025 26, Mr. Babu Reddy Srinivas Reddy (DIN: 11276910) was appointed as a Non-Executive Independent Director on the Board of the Company for a term of five consecutive years with effect from September 5, 2025. There has been no further change in the composition of the Board of Directors after the closure of the financial year and up to the date of this Report.

15. NUMBER OF BOARD MEETINGS HELD:

The Board of Directors duly met six times during the financial year from 01^st April 2025 to 31^st March 2026 The dates on which the meetings were held are as follows:

Date of Meeting	No. of Directors as on the date	No. of Directors Present
28.05.2025	4	4
14.08.2025	4	4
03.11.2025	4	4
31.01.2026	4	4

16. NUMBER OF AUDIT COMMITTEE MEETINGS HELD:

The Committee consisting of three Directors namely Babu Reddy Srinivas Reddy, Independent Director, Mr. Bindiganavale Rangavasanth, Director and Mr. Hariharan Muthuswamy, Independent Director:

Date of Committee Meeting	No. of Members as on date	No. of Members Present.
28.05.2025	3	3
14.08.2025	3	3
03.11.2025	3	3
31.01.2026	3	3

17. STAKEHOLDER RELATIONSHIP COMMITTEE:

The Board of Directors of the Company has constituted a Stakeholders Relationship Committee as per Companies Act, 2013. Presently, the Stakeholders Relationship Committee comprising of Shri. Hariharan Muthuswamy, Chairman of the Committee, Shri.Babu Reddy Srinivas Reddy, Shri Bindiganavale Rangavasanth and Smt. Anita Vasanth. During the fiscal 2025, 26 2 meeting were held on 28-05-2025 and 31-01-2026.

Members of the Committee, inter alia, approve issue of duplicate certificates and oversee and reviews all matters connected with the securities transfers. The Committee also looks into redressal of shareholders complaints like transfer of shares, non-receipts of balance sheet, non-receipt of declared dividends etc. The Committee overseas the performance of the Registrar and Transfer

Agents and recommends measures for overall improvement in the quality of investor services.

The Company has designated the below cited e-mail ID of the Grievance Redressal exclusively for the purpose of registering complaints by investors. E-mail ID cs@visioncinemas.in

18. BOARD & PERFORMANCE EVALUATION:

During the year, the Board has carried out the annual evaluation of its own performance, the performance of the Directors individually as well as the evaluation of Committees of Board.

19. NOMINATION AND REMUNERATION POLICY:

The Nomination and Remuneration Committee of Directors reviews the composition of the Board to ensure an appropriate mix of abilities, experience, and diversity to serve the interests of all shareholders of the Company.

Nomination and Remuneration Policy was approved by the Board at its meeting held on 27-05-2023. In terms of Section 178 of the Act, 2013. The objective of such policy shall be to attract, retain and motivate executive management and remuneration structured to link to Companys Strategic long-term goals, appropriateness, relevance, and risk appetite of the company.

20. 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 Section 149 of the Act, and the SEBI LODR.

In the opinion of the Board, the independent directors possess necessary expertise and experience and also they were independent towards any decision of the management.

21. MEETING OF INDEPENDENT DIRECTORS

In accordance with the provisions of Schedule IV to the Companies Act, 2013 and Regulation 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a separate meeting of the Independent Directors was held on March 28, 2026, without the attendance of Non-Independent Directors and members of the management. At the meeting, the Independent Directors reviewed the performance of the Non-Independent Directors, the Chairman and the Board as a whole and assessed the quality, quantity and timeliness of the flow of information between the management and the Board. The Independent Directors noted that the Board and its Committees were functioning effectively and expressed satisfaction with the overall governance framework of the Company.

22. PARTICULARS OF EMPLOYEES:

The details of ratio of the remuneration of each whole-time Director and Key Managerial Personnel (KMP) to the median of employees remuneration as per the provisions of Section 197(12) of the Companies Act, 2013, read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, is as in Annexure D to this Report.

23. DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013, Directors of your Company hereby state and confirm that:

a) In the preparation of the annual accounts for the year ended 31^st March 2026, the applicable accounting standards have been followed and there is no material departures. b) they have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit of the company for the same period; c) the directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities. d) they have prepared the annual accounts on a going concern basis. e) They have laid down internal financial controls that are adequate and were operating effectively. f) They have devised proper systems to ensure compliance with the provisions of all applicable laws and these are adequate and are operating effectively.

Based on the Internal Financial Controls and Compliance Systems established and maintained by the company, work performed by the internal, statutory and secretarial auditors and reviews performed by the management, the Board is of the opinion that the companys internal financial controls were adequate and effective during the financial year 2025-26.

24. REGISTRAR AND SHARE TRANSFER AGENT (RTA)

The Company has appointed M/s Integrated Registry Management Services Private Limited as its Registrar and Share Transfer Agent (RTA).Any queries relating to transfer or transmission of shares of the Company may be brought to the knowledge of RTA by the Shareholders.

25. AUDITORS & REPORTS

i. Statutory Auditors:

Mr. Manoj Acharya (Membership Number: 045714), M/s Manoj Acharya & Associates., Chartered Accountant (FRN: 114984W) shall be appointed as the Statutory Auditors of the Company for a term of 5 years from conclusion of 31^st Annual General meeting till conclusion of 36^th Annual General Meeting.

The notes on financial statement referred to in the Auditors Report are self-explanatory and do not call for any further comments.

ii. Cost Auditors:

In terms of the provisions of Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Rules, 2014, the Company is not required to maintain cost records for the financial year ended March 31, 2026

iii. Secretarial Auditor:

During the financial year 2025-26, M/s. Sharvari Kulkarni and Associates resigned as the Secretarial Auditor of the Company in January 2026, resulting in a casual vacancy in the office of Secretarial Auditor. Accordingly, CS S. Suresh, Practising Company Secretary, was appointed by the Board of Directors to fill the said casual vacancy and to conduct the Secretarial Audit of the Company for the financial year 2025-26. The Secretarial Audit Report issued by CS S. Suresh, Practising Company Secretary, for the financial year 2025-26 is annexed to this Report as Annexure-A and forms part of the Annual Report.

The Secretarial Auditors in their report have qualified the following points:

A. COMPANIES ACT, 2013 AND RULES MADE THERE UNDER:

1. The paid-up share capital reflected in the records/information provided by the Statutory Auditor does not correspond with the paid-up share capital displayed on the MCA portal. The Company should undertake a reconciliation of its Register of Members, financial statements, annual filings and MCA master data and complete the requisite statutory filings, if any, for regularization of the position.

Reply by Board of Directors: The Company has taken note of the observation regarding the difference in the paid-up share capital appearing in the records/information provided to the Statutory Auditor and the paid-up share capital reflected in the MCA records. The Company is in the process of reconciling the relevant statutory records, including the Register of Members, financial statements, annual filings and MCA master data.

The Company will undertake the necessary review and, wherever applicable, complete the requisite statutory filings/updates to ensure consistency across the records. The matter will be appropriately addressed and regularised, if required, during the ensuing financial year.

2. The records produced for audit did not evidence complete compliance by the Independent Director(s) with the applicable registration and related requirements of the Independent Directors Databank during the Audit Period. The Company should obtain, verify and preserve documentary evidence of registration/renewal, the declaration under Section 149(7), and completion of or exemption from the online proficiency self-assessment test, wherever applicable, in terms of Section 149 of the Act and Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014. In view of the above observations, the Board should provide full explanations in its Boards Report for every qualification, reservation, adverse remark or disclaimer, wherever required under Section 134 of the Companies Act, 2013.

Reply by Board of Directors: The Company has requested all the Independent Directors to pass the online proficiency self- assessment test conducted by the Indian Institute of Corporate affairs (IICA) and update the company at the earliest.

SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015:-

Regulation 46: Website of the Company though being functional does not have certain contents and disclosures as required under Regulation 46 of SEBI (LODR), 2015 and also not fully updated as on date of this report.

Your directors wish to clarify as under: -

The website updation process is currently in progress, and certain data may be temporarily unavailable during this period. The same will be reviewed and rectified, and the required information will be updated on the website during the upcoming financial year.

iv. Internal Auditor:

Pursuant to the provisions of Section 138 of the Act and the Rules thereunder, your Board had appointed Mr. Vinodh Kumar H Has Internal Auditors of the Company for the FY 2025-26 and conducted the internal audit of the Companys operations and processes.

26. CORPORATE SOCIAL RESPONSIBILITY:

The provisions for corporate social responsibility ("CSR") under the Companies Act, 2013, are not applicable to the company for the current financial year.

27. POLICY ON VIGIL MECHANISM:

The Audit committee has adopted a policy on vigil Mechanism in accordance with the provisions of the Act, 2013 and Regulation 22 of SEBI (LODR) Regulations, which provides a formal mechanism for all Directors, employees and other stakeholders of the company to report to the management, their genuine concerns or grievances about unethical behaviours, actual or suspected fraud and any violation of the Companys Code of Conduct or ethics policy.

The policy also provides a direct access to the Chairperson of the Audit Committee to make protective disclosures to the Management about grievances or violation of the Companys code of conduct. The policy disclosed on the Companys website in the following link https://www.visioncinemas.in/investor-relations.

28. SECRETARIAL STANDARDS

The Directors confirm that, during the Financial Year 2025 26, the Company has complied with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India under Section 118(10) of the Companies Act, 2013.

29. DETAILS OF REVISION OF FINANCIAL STATEMENT OR THE REPORT

There is no revision of financial statement or the Report.

30. LISTING OF SHARES

The equity shares of the Company are listed on BSE Limited. The Company has paid the annual listing fees for the Financial Year 2025 26 to the Stock Exchange.

31. CONTRACTS AND ARRANGEMENT WITH RELATED PARTIES:

All contracts/arrangements/transactions entered into by the Company during the financial year with related parties were in the ordinary course of business and on an arms length basis. The Company has not entered into any material related party transactions during the year under review as defined under Section 188 of the Companies Act, 2013. Form AOC-2, containing the note on the aforesaid related party transactions is enclosed herewith as Annexure B.

32. DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS:

The Statutory Auditors and the Secretarial Auditors of the Company have not reported any frauds to the Audit Committee or to the Board of Directors as prescribed under Section 143(12) of the Companies Act, 2013, including rules made thereunder.

33. INFORMATION ABOUT SUBSIDIARY/ JV/ ASSOCIATE COMPANY:

As on March 31, 2026, the Company had One (1) subsidiary company namely Pyramid Entertainment (lndia) Private Limited. There has been no material change in the nature of business of the subsidiary. The Company did not have any Associate Companies or Joint Ventures at the end of this Financial Year. A statement in Form AOC-1 pursuant to the first proviso to Section 129 of the Act read with rule 5 of the Companies (Accounts) Rules, 2014 containing salient features of the financial statement of subsidiaries/associate companies/ joint ventures forms part of this Report.

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

The particulars as required under Section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 are provided below:

A. Conservation of Energy

The Company continues to take appropriate measures for the conservation of energy and efficient utilisation of energy resources across its operations. The Company endeavours to adopt energy-efficient practices and optimise energy consumption wherever feasible.

B. Technology Absorption, Adaptation and Innovation

The Company continues to adopt and utilise appropriate technology and digital solutions in its business operations, with a view to improving operational efficiency, enhancing customer experience and keeping pace with developments in the entertainment and cinema industry.

The Company continues to evaluate and implement suitable technological advancements, wherever considered appropriate for its business operations.

C. Research and Development

During the year under review, the Company did not undertake any significant research and development activities requiring separate disclosure under this section.

D. Foreign Exchange Earnings and Outgo

The Company had no foreign exchange earnings or outgo during the year under review.

35. Court Orders / Orders of Other Statutory Authorities

The Company has received an order from the Regional Director (South east Region) (RD (SER)) Hyderabad, based on the Joint compounding application filed by the company and its directors for non-compliance of section 134 of the Companies Act, 2013. As per the order of RD (SER), the company and its directors have paid the penalty payment as instructed in the said order. and necessary filing has been filed with the Registrar of companies, Bengaluru no further proceeding pending against the company or its directors.

36. INTERNAL FINANCIAL CONTROL:

The Internal Financial Control with reference to financial statements were operating effectively.

37. TRANSFER OF UNPAID/UNCLAIMED AMOUNTS TO IEPF

Pursuant to the provisions of Sections 124 and 125 of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, dividends remaining unclaimed for a period of seven consecutive years from the date of transfer to the Unpaid Dividend Account of the Company are required to be transferred to the Investor Education and Protection Fund ("IEPF").

During the Financial Year 2025 26, there were no amounts required to be transferred by the Company to the Investor Education and Protection Fund.

38. PREVENTION OF SEXUAL HARASSMENT OF WOMEN AT WORKPLACE

The Company is committed to providing a safe, secure and conducive work environment and has zero tolerance for sexual harassment at the workplace. In accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 ("PoSH Act"), the Company has adopted a Policy on Prevention of Sexual Harassment and constituted an Internal Committee to redress complaints relating to sexual harassment.

The Policy applies to all employees of the Company, including permanent, contractual, temporary and trainee personnel.

The summary of complaints received and disposed of under the PoSH Act during the Financial Year ended March 31, 2026 is provided below:

Particulars No. of Cases

Number of complaints pending at the Nil beginning of the year Number of complaints received during Nil the year Number of complaints disposed of during Nil the year Number of complaints pending as on Nil March 31, 2026

39. 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

During the Financial Year 2025 26, no application was made and no proceeding was pending against the Company under the Insolvency and Bankruptcy Code, 2016 as on March 31, 2026.

40. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

In accordance with Schedule V(B) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Management Discussion and Analysis Report forms part of this Annual Report and is enclosed as "ANNEXURE C".

41. MATERNITY BENEFIT PROVIDED BY THE COMPANY UNDER THE MATERNITY BENEFIT ACT, 1961

The Company has complied with the provisions of the Maternity Benefit Act, 1961 and has extended all statutory benefits to eligible women employees in accordance with the applicable provisions of the Act.

42. GREEN INITIATIVES

In support of the Green Initiative undertaken by the Ministry of Corporate Affairs and to contribute towards environmental sustainability, electronic copies of the Notice of the Annual General Meeting and the Annual Report for the Financial Year 2025 26 are being sent to all Members whose e-mail addresses are registered with the Company or their respective Depository Participant(s).

43. ACKNOWLEDGEMENT:

Directors take this opportunity to express their thanks to various departments of the Central and State Government, Bankers, Material Suppliers, Customers and Shareholders for their continued support and guidance.

The Directors wish to place on record their appreciation for the dedicated efforts put in by the Employees of the Company at all levels.

	For and on behalf of the Board of Directors
SD/-	SD/-
MUTHUSWAMY HARIHARAN	BINDIGANAVALE RANGAVASANTH
DIRECTOR	MANAGING DIRECTOR
(DIN: 08497968)	(DIN: 01763289)
Place: Bangalore
Date: 20.05.2026

CEO AND CFO COMPLIANCE CERTIFICATE

We, Bindiganavale Ranganasanth, Chairman & Managing Director, Anita Vasanth, Chief Financial Officer certify that:

1. We have reviewed the financial statements, including the cash flow statement, for the year ended 31^st March, 2026 and to the best of our knowledge and belief:

i. these statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading; ii. these statements together present a true and fair view of the Companys affairs and are in compliance with Indian Accounting Standards, applicable laws and regulations.

2. To the best of our knowledge and belief, no transactions entered into by the Company during the year ended on 31^st March, 2026 are fraudulent, illegal or violative of the Companys code of conduct.

3. We accept responsibility for establishing and maintaining internal controls for financial reporting, and we have evaluated the effectiveness of internal control systems of the Company pertaining to financial reporting. Deficiencies in the design or operation of such internal controls, if any, of which we are aware have been disclosed to the auditors and the Audit Committee and steps have been taken to rectify these deficiencies.

4.

1. There has not been any significant change in internal control over financial reporting during the year under reference;

2. There has not been any significant change in accounting policies during the year requiring disclosure in the notes to the financial statements; and

3. We are not aware of any instance during the year of significant fraud with involvement therein of the management or any employee having a significant role in the Companys internal control system over financial reporting.

Sd/-

Anita Vasanth

Chief Financial Officer

Bangalore August 06, 2026