FINANCIAL HIGHLIGHTS:

REVIEW OF OPERATIONS:

During the year under review, the total income of the Company is Rs. 38,863.50 Lakhs. The Company has
earned a Net Profit of Rs. 1,561.14 Lakhs. Your directors are continuously looking fof avenues for fiiture
growth of the Company.

nrVTDEND:

During the year under review, yonr directors have not recommended any dividend.

TRANSFER TO RESERVES:

During the year under review, the Company has transferred any profit after tax of Rs. 1561.12 lacs to
reserves.

PUBLIC DEPOSITS:

During the year under review, the Company has not accepted any public deposits.

STATE OF COMPANY'S AFFAIRS/ FUTURE OUTLOOK:

Your directors are making their incessant efforts to realize the market opportunities and are confident
enough that in the coming years, the company will be earning more profits in order to improve the
performance of the Company.

CHANGE IN THE NATURE OF BUSINESS. IF ANY:

MEETINGS OF THE BOARD:

The Board of Directors met 20 times on 1^st April, 2025, 9^th June, 2025, 2^nd July, 2025, 17^th July, 2025, 16^th
August, 2025, 28^th August, 2025, 1^st September, 2025, 3^rd September, 2025, 9^th September, 2025, 12^th
September, 2025, 22^nd September, 2025, 20^th October, 2025, 20^Ul October, 2025, 1 f^h November, 2025, 21^s'
November, 2025, 1^st December, 2025, 2"^d December, 2025, 22^nd December, 2025, 12^th January, 2026 and
31^s1 January, 2026 during the year and the maximum gap between any two meetings was less than 120 days
as stipulated under the provisions of Companies Act, 2013.

DIRECTORS AND KEY MANAGERIAL PERSONNEL AND THEIR ATTENDANCE IN THE
BOARD MEETINGS:

The following are the Directors of your Company during the financial year 2025-‘26.

APPOINTMENT/RE-APPOINTMENT:

During the financial year 2025-‘26, the Company has appointed Mr. Raghava Rao Marisetti, Mr. Prabhakar
Rao Sanka, Mr. Vishnu Chavda on 17^th July, 2025 and Mr. Lokesh Kanja on 21“ November, 2025 as
independent directors.

Mr. Vishnu Chavda had resigned from the office on 21^st November, 2025 due to pre-occupations with other
activities.

SHARE TRANSFERS:

As the share capital of the Company is dematerialized on 22^nd April, 2025, any share transfers will he
facilitated and maintained by the depositories.

SIJBSIDIARIES/ASSOCIATES/JU1NT VENTURES:

Your Company does not have any subsidiary company as on 3 I^s* March, 2026.
PARTICULARS OF EMPLOYEES;

As required under the provisions of Section 197 of the Companies Act, 2013 read with the Companies
(Appointment & Remuneration of Managerial Personnel) Rules, 2014, the remuneration from inadequacy of
profits does not arise.

DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to the provisions of Section 134 of the Companies Act, 2013, your Directors state that:

(a) In the preparation of the annual accounts for the year ended March 31, 2026, the applicable
Accounting Standards read with requirements set out under Schedule 111 to the Act, have been
followed and there are no material departures from the same;

(b) The Directors had 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 as at March 31, 2026 and of the profit of the Company for the year ended
on that date;

(c) The Directors had 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) The Directors had prepared the annual accounts on a going concern basis and

(c) The Directors had devised a proper system to ensure compliance with the provisions of all applicable
laws and that such other systems were adequate and operating adequately.

PARTICULARS OF LOANS. GUARANTEES OR 11N VESTMENTS:

There are no loans, guarantees, securities given or investments made by the Company during the year under
review.

RELATED PARTY TRANSACTIONS:

During the financial year 2025-‘26, your Company has entered into transactions with related parties which
are enclosed in Annexure-A.

AUDITORS AND AUDITORS’ REPORT:

M/s. Sreedar Mohan & Associates, (FRN: 012722S) are appointed as the Statutory Auditors of the Company
for a term of 5 consecutive years till the conclusion of the AGM for the year 2029 to examine and audit the
accounts of the Company, at such remuneration as may be mutually agreed between the Boar d of Directors
of the Company and the Auditors.”

Except for the below, there are no qualifications or adverse remarks in the Auditors’ Report which require
any clarification/ explanation.

Auditor’s Qualification:

Annexure A to the Independent Auditor’s Report: Point No. xx

(a) According to the information and explanations given to us and based on the audit o^eauresN
performed, the Company was required to transfer the unspent amount of Rs. 2.78 Lakhs p«er Note

No.24.2 and note 31(xiv) to the financial statements) relating to Corporate Social Responsibility
activities (other than ongoing projects) to a Fund specified in Schedule VII to the Companies Act,
2013 on or before September 30, 2026, in compliance with the second proviso to sub-section (5) of
Section 135 of the Act.

(b) The Company is in the process of transferring the unspent amount to the Specified Fund within
stipulated period of six months from the end of the financial year, as required under the said
provisions.

(c) Accordingly the Company has not complied with the requirements of Section 135(5) of the
Companies Act, 2013 as on the date of this report.

Board’s Explanation:

The Board infonns the members that the Company is in the process of listing on SME Board on NSE.
Therefore, due to operational delay, the CSR unspent amount is not transferred to the Fund mentioned in
Schedule VII of the Companies Act, 2013.

The Board shall transfer the amount to the Fund mentioned in Schedule VII of the Companies Act, 2013 on
or before 30* September, 2026.

SIGNIFICANT AND MATERIA!, ORDERS:

There are no significant and material orders passed by the regulators or courts or tribunals impacting the
going concern status and Company’s operations in future.

MATERIAL CHANGES AND COMMITMENTS AFFECTING FINANCIAL POSITION
BETWEEN THE END OF THE FINANCIAL YEAR AND PATE OF REPORT:

There have been no material changes and commitments affecting the financial position of the Company
between the end of the financial year and the date of the report.

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMAN AT WORKPLACE
(PREVENTION. PROHIBITION AND REDRESSAL! ACT, 2013:

As per the requirement, the Sexual Harassment of Women at Workplace (Prevention, Prohibition &
Redressal) Act, 2013 read with rules made thereunder, your Company has constituted Internal Complaints
Committee which is responsible for redressal of complaints related to sexual harassment. During the year
under review, the company has not received any complaints pertaining to sexual harassment.

INTERNAL CONTROL

The Company has a proper and adequate system of internal control to ensure all the assets are safeguarded
and protected against loss from unauthorized use or disposition and the transactions are authorized, regarded
and reported correctly. The internal control is supplemented by an extensive program of internal audits,
review by management and procedures. The internal control is designed to ensure that the financial and
other records are reliable for preparing financial statements and other data, and for maintaining
Accountability of assets.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

As per Section 135(1) of the Companies Act, 2013 CSR is applicable to the Company fr om the financial
year 2025-’26. The Company formulated CSR Policy which was approved by the Board of Directors.

The details of CSR Expenditure is attached in Annexure B.

/AS-/ YSlW

MATERNITY BENEFIT ACT:

The Company has 123 employees out of which 17 were women employee. None of them required maternity
benefits as applicable under the provisions of the Maternity Benefit Act, 1961.

A STATEMENT INDICATING DEVELOPMENT AND IMPLEMENTATION OF A RISK
MANAGEMENT POLICY FOR THE COMPANY INCLUDING IDENTIFICATION
THEREIN OF ELEMENTS OF RISK, IF ANY, WHICH IN THE OPINION OF THE
BOARD MAY THREATEN THE EXISTENCE OF THE COMPANY:

Pursuant to Section 134(3)(n) of the Companies Act, 2013, the company has framed a detailed risk
management policy for assessment of risk and detennine the responses to these risks so as to
minimize their adverse impact on the organization. The Directors of the Company shall be
responsible for implementation of the risk management system. At present the Company has not
identified any element of risk which may threaten the existence of the Company.

DETAILS IN RESPECT OF FRAUDS REPORTED BY AUDITORS UNDER SUB - SECTION (12)
OF SECTION 143:

The Auditors have not reported any offence involving fraud committed against the Company by the officers
or employees of the Company under Sub-Section (12) of Section 143 to the Audit Committee or the Board.

CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION & FOREIGN EXCHANGE
EARNINGS AND OUT GO:

The particulars as prescribed under Sub-section (3)(m) of Section 134 of the Companies Act, 2013, read
with the Companies (Accounts) Rules, 2014, in relation to conservation of energy and technology
absorption, Research and Development, Foreign Exchange are set out below:

A. Conservation of Energy:

Adequate measures have been taken to reduce energy consumption, wherever possible. Total energy
consumption and energy consumption per unit of production is not applicable as company is not included in
the industries specified in the schedule.

B. Technology Absorption: Not applicable

C. Research and Development Expenditure (R&D):

D. Foreign Exchange Earnings and Out Go:

Foreign Exchange Earnings : Rs. 144,88.28 lacs

Foreign Exchange Outgo : Nil

MANAGERIAL REMUNERATION:

The managerial remuneration is as per the Schedule VTI of the Companies Act, 2013.

INSURANCE:

The properties and assets of your Company are adequately insured,

INTERNAL AUDITOR:

As per Section 138 of the Companies Act, 2013, the Company has appointed M/s. V G Hareesh & Co.,
Chartered Accountants, Guntur, as an internal Auditor on 01.04.2026. The internal auditor has given Internal
Audit Report on 30.06.2026.

WEB ADDRESS:

The website of the Company is www.greenasiaimpex.com.

A STATEMENT ON DECLARATION GIVEN BY INDEPENDENT DIRECTORS AND A
STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY.
EXPERTISE AND EXPERIENCE (INCLUDING THE PROFICIENCY! OF THE INDEPENDENT
DIRECTORS APPOINTED DURING THE YEAR:

1, Declaration by Independent Directors

The Company has received necessary declarations from all the Independent Directors of the Company
confirming that they meet the criteria of independence as laid down under Section 149(6) of the
Companies Act, 2013 read with Rule 5 of the Companies (Appointment and Qualification of Directors)
Rules, 2014.

The Independent Directors have also confirmed that they have complied with the Code for Independent
Directors prescribed in Schedule IV to the Companies Act, 2013 and have registered their names in the
Independent Directors’ Data Bank maintained by the Indian Institute of Corporate Affairs (ECA) in
terms of Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014.

2. Statement of Board's Opinion on Integrity, Expertise, Experience, and Proficiency

In the opinion of the Board, the Independent Directors appointed / re-appointed during the financial year
possess requisite integrity, high ethical standards, relevant expertise, and extensive experience in their
respective fields.

Mr. Raghava Rao Marisetti and Mr. Prabhakar Rao Sanka will appear for the online proficiency self-
assessment test conducted by the Indian Institute of Corporate Affairs (IICA).

SECRETARIAL AUDIT REPORT:

The Secretarial audit report for the financial year 2025-’26 as certified by M/s. TKR & Associates,
Company Secretaries, Visakhapatnam, fonns part of the report as Annexure C.

ACKNOWLEDGEMENTS:

Your Directors would like to express their grateful appreciation for assistance and co-operation received
from clients, banks, investors, Government, other statutory authorities and all others associated with the
company. Your Directors also wish to place on record their deep sense of appreciation for the excellent
contribution made by the employees at all levels, which enabled the company to achieve sustained growth in
the oDerational performance during the year under review.