The Directors of POLYLINK POLYMERS (INDIA) LIMITED are delighted to present the 33^rd Annual Report along with the
Audited Financial Statements of the Company for the financial year ended March 31, 2026.

Financial Performance_

The Audited Financial Statements of the Company as on March 31, 2026, are prepared in accordance with the relevant
applicable Indian Accounting Standards ("Ind AS”) and Regulation 33 of the Securities and Exchange Board of India Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations”) and the provisions of the
Companies Act, 2013 ("Act”).

The summarized financial highlight is depicted below:

State of Company's Affairs

During the year under review for the financial year ended March 31, 2026, the Company recorded a total revenue of
Rs. 8,510.39 Lakhs, compared to Rs. 9,151.04 Lakhs in the previous year ended March 31, 2025, representing a decline of
7.00%.

Furthermore, The Net Profit after Tax for the financial year ended March 31, 2026, stood at Rs. 122.34 Lakhs, down by
42.62% against Rs. 213.20 Lakhs reported in the preceding financial year ended March 31, 2025.

The retained earnings of the Company increased by 6.46% to Rs. 2,006.63 Lakhs as on March 31, 2026, from Rs. 1,884.75
Lakhs as on March 31, 2025, reflecting the Company's stable financial position.

Transfer to Reserves in terms of section 134
(3) (J) of the Companies Act, 2013

During the year, the Company has not apportioned any
amount to other reserve. The profit earned during the
year has been carried to the balance sheet of the
Company.

Dividend

In order to support the Company's long-term growth
objectives and preserve necessary resources for future
business expansion, the Board of Directors, after careful
deliberation, has resolved to retain profits and does not
recommend any dividend for the financial year 2025-26.

Number of meetings of the Board

Four (4) meetings of the Board of Directors were held
during the year under review. For details of meetings of
the Board, please refer to the Corporate Governance
Report, which is a part of this report.

Material changes and commitments affecting
the financial position of the Company

During the year there have been no material changes and
commitments, if any, affecting the financial position of the
Company, which have occurred between the end of the
financial year of the Company to which the financial
statements relate till the date of the report.

Change in the nature of business

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

Policy on Directors' Appointment and
Remuneration

The contents of Nomination and Remuneration Policy of
the Company prepared in accordance with the provisions
of Section 178 of the Companies Act, 2013 and Regulation
19 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 are provided in the
Corporate Governance Report. The Policy may be referred
to at the Company's website at
https://www.polvlinkpolvmers.com/asstes/images/i
nvestor/30/Policies%20and%20Code/Nomination%
20and%20Remuneration%20Policy.pdf

Details of Holding/Subsidiary/Joint
Ventures/Associate Companies

Polylink Polymers (India) Limited continues to be a
subsidiary of KHL Finance Limited as it holds 60.50% of the
Company's paid-up equity share capital, thereby retaining
its controlling interest. The continued support and
strategic oversight of the holding company reinforce its
long-term commitment to the Company's sustainable
growth, operational excellence, and value creation for all
stakeholders.

There are no Subsidiary, Joint Ventures or Associate
Companies and neither have ceased to be Subsidiary, Joint
Venture or Associate Companies during the year.

Going Concern Status

During the year under review, there were no significant or
material orders passed by any regulators or court or
tribunal, which can impact the going concern status of the
company and /or its future operations.

Share Capital

There was no change in the share Capital of the Company
during the year under review.

Deposits from public

Your Company has not accepted any deposits from the
public within the meaning of Section 73 and 74 of the
Companies Act, 2013 and read with the Companies
(Acceptance of Deposits) Rules, 2014 for the year ended
31^st March, 2026.

Directors and Key Managerial Personnel

The Board believes the directors appointed or re¬
appointed are individuals of integrity who have the
necessary expertise and experience, including proficiency.
Necessary details regarding the appointment and re¬
appointment as required under the Companies Act, 2013
and SEBI Listing Regulations, 2015 are given in the notice
of 33^rd Annual General Meeting. The aforesaid
appointments are subject to approval of shareholders at
the Annual General Meeting.

Mrs. Pragya Bhartia Barwale (DIN: 02109262) who retires
by rotation and being eligible, offers herself for re¬
appointment. A resolution seeking shareholders' approval
for her re-appointment forms part of the Notice.

Pursuant to the provisions of Section 149 of the Act, the
independent directors have submitted declarations that

each of them meets the criteria of independence as
provided in Section 149(6) of the Act along with the Rules
framed thereunder and Regulation 16(1)(b) of the SEBI
Listing Regulations. There has been no change in the
circumstances affecting their status as independent
directors of the Company.

During the year under review, Mr. Dilip Nikhare resigned
from the position of Company Secretary and Compliance
Officer effective June 25, 2025. Subsequently, Ms. Priyal
Dangi was appointed as the Company Secretary and
Compliance Officer of the Company with effect from
August 8, 2025.

During the year under review, the non-executive directors
of the Company had no pecuniary relationship or
transactions with the Company, other than sitting fees,
commission, if any and reimbursement of expenses
incurred by them for the purpose of attending meetings
of the Board / Committee of the Company.

Pursuant to the provisions of Section 203 of the Act, the
Key Managerial Personnel of the Company are:

1. Mr. Ravi Prakash Goyal (Whole Time Director),

2. Mr. Manoj Gohil (Chief Financial Officer),

3. Mr. Dilipkumar Nikhare (Company Secretary and

compliance officer) *

4. Ms. Priyal Dangi (Company Secretary and compliance

officer) **

*Mr. Dilip Nikhare has resigned from the office w.e.f. 25.06.2025
**Ms. Priyal Dangi was appointed w.e.f. 08.08.2025

Annual evaluation of the performance of the
Board and Committee

The Board of Directors has carried out an annual
evaluation of its own performance, board and committees
pursuant to the provisions of the Act and SEBI Listing
Regulations.

The Board evaluated its own performance through a
comprehensive process, gathering input from all directors.
This assessment was based on several key criteria,
including the Board's composition and structure, the
effectiveness of its processes, the quality of information
provided, and its overall functioning.

The performance of the committees was evaluated by the
board after seeking inputs from the committee members
based on criteria such as the composition of committees,
effectiveness of committee meetings, etc.

In a separate meeting of independent directors,
performance of non-independent directors, the Board as

a whole and the Chairman of the Company was evaluated,
taking into account the views of executive directors and
non-executive directors.

The Board and the Nomination and Remuneration
Committee reviewed the performance of individual
directors on the basis of criteria such as the contribution of
the individual director to the board and committee
meetings like preparedness on the issues to be discussed,
meaningful and constructive contribution and inputs in
meetings, etc.

At the board meeting that followed the meeting of the
independent directors and meeting of Nomination and
Remuneration Committee, the performance of the Board,
its committees and individual directors was also discussed.
Performance evaluation of Independent Directors was
done by the entire Board, excluding the independent
director being evaluated.

Risk management

The Audit Committee has oversight in the area of financial
risks and controls. The major risks identified by the
businesses and functions are systematically addressed
through mitigating actions on a continuing basis. A well-
defined and established system of internal audit is in
operation to independently review and strengthen these
control measures, which is carried out by a reputed firm
of Chartered Accountants. The Audit Committee of the
Company regularly reviews the reports of the internal
auditors and recommends actions for further
improvement of the internal controls.

The objective of Risk Management at PPIL is to create and
protect shareholder value by minimizing threats or losses,
and identifying and maximizing opportunities. An
enterprise-wide risk management framework is applied so
that effective management of risks is an integral part of
every employee's job. The Company is manufacturing of
all types of polymers, Polymeric compounds and co¬
polymers required as sources material for cables of all
types including power cables XLPE cables and
Telecommunication cables.

The Company has established a well-defined process of
risk management, wherein the identification, analysis and
assessment of the various risks, measuring of the probable
impact of such risks, formulation of risk mitigation strategy
and implementation of the same takes place in a
structured manner. Though the various risks associated
with the business cannot be eliminated completely, all
efforts are made to minimize the impact of such risks on
the operations of the Company. Necessary internal control
systems are also put in place by the Company on various
activities across the board to ensure that business
operations are directed towards attaining the stated
organizational objectives with optimum utilization of the
resources. Apart from these internal control procedures,
a well-defined and established system of internal audit is
in operation to independently review and strengthen
these control measures, which is carried out by a reputed
firm of Chartered Accountants. The Audit Committee of
the Company regularly reviews the reports of the internal
auditors and recommends actions for further
improvement of the internal controls.

Corporate Social Responsibility

The Company does not fall in any of the criteria of Section
135 of the Companies Act, 2013 read with the Companies
(Corporate Social Responsibility Policy) Rules, 2014 and
hence the Company is not required to comply with the
same.

Insurance

Your company has taken all the necessary steps to insure
its properties and insurable interests, as deemed
appropriate and also as required under the various
legislative enactments.

Human resource development

Attracting, enabling and retaining talent have been the
cornerstone of the Human Resource function and the
results underscore the important role that human capital
plays in critical strategic activities such as growth. The
Company had total 45 employees as on 31^st March, 2026.

Export House Status

Your Company enjoys the status of "One Star Export
House"

Business Outlook/ Future Projects

The Company continues to focus on expanding its
presence in new markets, strengthening its manufacturing
and operational capabilities, improving productivity and
cost efficiency, and developing an appropriate product
mix to cater to evolving customer requirements and
support sustainable growth.

Directors' responsibility statement

The Board of Directors acknowledge the responsibility for
ensuring compliances with the provisions of Section
134(3)(c) read with Section 134(5) of the Companies Act,
2013 for the year ended on 31st March, 2026 and to the
best of its knowledge and ability, confirm that:

i. in the preparation of the annual accounts, the
applicable accounting standards have been followed
and there are no material departures;

ii. The Directors 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 FY 2025-26 and of the profit
of the Company for that period;

iii. The Directors have 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;

iv. The Directors have prepared the annual accounts on a
going concern basis; and

v. The Directors have laid down internal financial controls
to be followed by the Company and such internal
financial controls are adequate and operating
effectively;

vi. The Directors have devised proper systems to ensure
compliance with the provisions of all applicable laws
and that such systems are adequate and operating
effectively.

Based on the framework of internal financial controls and
compliance systems established and maintained by the
Company, the work performed by the internal, statutory
and secretarial auditors and external consultants,
including the audit of internal financial controls over
financial reporting by the statutory auditors and the
reviews performed by management and the relevant
board committees, including the audit committee, the
Board is of the opinion that the Company's internal
financial controls were adequate and effective during FY
2025-26.

Profile of the Directors Seeking Appointment /
Reappointment

As required under SEBI (Listing Regulations) following
Directors are liable to retire by rotation and seeking
appointment / reappointment at the ensuing Annual
General Meeting is annexed to the notice convening 33^rd
Annual General Meeting. Following directors are liable to
retire/appoint/reappoint in ensuing Annual General
Meeting.

1. Mrs. Pragya Bhartia Barwale (DIN: 02109262)

Particulars of Employees and Related
Disclosures

Disclosures of the ratio of Remuneration of each director
to the median employee's remuneration and other details
as require with respect to Section 197(12) of the
Companies Act, 2013 read with Rule 5 (1) of the Companies
(Appointment and remuneration of Managerial Personnel)
Rules 2014 are given in the ANNEXURE - IV
Particulars of Employee of the company who are covered
by the provisions contained in Rule 5(2) and Rule 5 (3) of
Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014 are as under:

Employee throughout the Year: Nil
Employee for part of the year: Nil

Committee of the Board

The Company has duly constituted and reconstituted the
following statutory Committees in terms of the provisions
of the Act read with relevant rules framed thereunder and
the SEBI Listing Regulations during the reporting period
and up to the date of this report.

1. Audit Committee

2. Stakeholders Relationship Committee

3. Nomination and Remuneration Committee

The composition of all the above Committees, brief terms
of reference, number of meetings held during the financial
year, their dates and attendance of members at each of
the Committee meetings and other details have been
provided in the Corporate Governance Report as
ANNEXURE VII, which forms part of the Annual Report of
the Company. There has been no instance during the year
where the recommendations of the Committees were not
accepted by the Board.

Statutory Auditors

Pursuant to section 139 of Companies Act 2013 read with
Rule 6 of Companies (Audit and Auditors) Rules, 2014
M/s. K N Gutgutia & Co. Chartered Accountant, New Delhi
having Firm Registration No. 304153E were appointed by
the Shareholders of the Company at their 29^th Annual
General Meeting held on 30^th June, 2022 from the
Conclusion of that Annual General Meeting till the
Conclusion of 34^th Annual General Meeting at
Remuneration as to be decided by the Board of Directors in
consultation of the Auditors plus applicable taxes and out
of pocket expenses if any.

Secretarial Auditor

According to the provision of section 204 of the
Companies Act, 2013 read with Rule 9 of the Companies
(Appointment and Remuneration of Managerial
Personnel) Rules, 2014 and Regulation 24A of the SEBI
Listing Regulations, M/s. AG Shah & Associates Proprietor
CS Ashish Shah, a Peer Reviewed Practicing Company
Secretary, Ahmedabad conducted the secretarial audit for
the financial year ended 31 March 2026. The Secretarial
Audit Report issued by the Secretarial Auditor in
Form MR-3 is attached as ANNEXURE V and forms part of
the Directors' Report. There are no qualifications or
remarks made by the Secretarial Auditor in their Report.
Further, M/s. AG Shah & Associates, Proprietor CS Ashish
Shah, has resigned from the position of Secretarial Auditor
of the Company with effect from 10th August 2026, owing
to pre-occupation with other professional assignments
and commitments.

In accordance with the amended provisions of Regulation
24A of the SEBI Listing Regulations and based on the
recommendation of the Audit Committee, the Board of
Directors, at their meeting held on 10^th August 2026, have
approved and recommended for the Members' approval,
the appointment of M/s. Ankit Vageriya & Associates
Proprietor CS Ankit Vageriya, a Peer Reviewed Practicing
Company Secretary, having ICSI Membership No. A27893,
COP No - 27064 and Peer Review No. 6875/2025 as the
Secretarial Auditor of the Company for term of 5 (five)
consecutive years commencing from the financial year
2026-27.

Auditor's report and Secretarial audit report

i) Auditor's Report

The Auditors' Report does not contain any qualification.
Notes to Accounts and Auditors remarks in their report are
self-explanatory and do not call for any further comments
from the Board.

ii) Secretarial Audit Report

In terms of Section 204 of the Act and Rules made their
under, M/s. AG Shah & Associates, Proprietor Mr. Ashish
Shah Practicing Company Secretary, Ahmedabad as
Secretarial Auditor of the Company to conduct the audit
of the secretarial records of the company for the year
ended 2025-26. The report of the Secretarial Auditor for
the F.Y 2025-26 is enclosed to this report. The report is
self-explanatory and do not call for any further comments
from the Board.

iii) Secretarial Compliance Report

In terms of SEBI (LODR) Regulation, 2015 the company
have appointed M/s. AG Shah & Associates, Proprietor Mr.
Ashish Shah Practicing Company Secretary, Ahmedabad to
issue a compliance report in respect of compliance of
various rules, notices, circulars, notification etc. issued by
BSE, SEBI from time to time which is annexed hereto as
ANNEXURE VI to this report.

During the year company have complied all the circulars,
notices, notification issued under various SEBI Act and
Regulations, which are applicable for the company. The
Secretarial Compliance Report for the F.Y 2025-26 is
enclosed to this report. The report is self - explanatory and
do not call for any further comments.

Details in respect of frauds reported by
Auditors

There was no instance of fraud during the year under
review, which required the statutory auditors to report to
the audit committee and /or Board under section 143(12)
of Act and rules framed thereunder.

Vigil Mechanism/ Whistle Blower Policy

The Company has a Whistle Blower Policy and has
established the necessary vigil mechanism for directors
and employees in confirmation with Section 177(9) of the
Act and Regulation 22 of Listing Regulations, to report
concerns about unethical behavior.

In staying true to our values of Strength, Performance and
Passion and the Company is committed to the high
standards of Corporate Governance and stakeholder
responsibility.

Compliance with Secretarial Standards on
Board and General Meetings

The company is in compliance with the Secretarial
Standard on Meeting of the Board of Directors (SS-1) and
General Meeting (SS-2) issued by the Institute of Company
Secretaries of India.

Particulars of loans, guarantees and
investments

During the year under review, the Company has not given
any loan or provided guarantees or made any investments
as prescribed under Section 186 of the Companies Act,
2013.

Particulars of Contracts or arrangements with
related parties

All related party transactions that were entered between
the related parties during the FY 2025-26 were on arm's
length basis and were in the ordinary course of the
business and comply the Related Party Transaction Policy
of the Company. There are no materially significant
related party transactions made with Promoters, Key
Managerial Personnel or other designated persons which
may have potential conflict with interest of the company
at large except as mentioned in Form AOC-2 pursuant to
clause (h) of sub-section (3) of Section 134 of the Act and
Rule 8(2) of the Companies (Accounts) Rules, 2014, are
given as Annexure III to this report.

Annual Return

Pursuant to Section 92(3) of the Companies Act, 2013 and
Rule 12 of the Companies (Management and
Administration) Rules, 2014, the Annual Return for FY
2025-26 is available on the website of the Company at
https://www.polvlinkpolvmers.com/asstes/images/pdf/annual-
return/Extract%20of%20Annual%20Return%202025-26.pdf

Particulars of employees and related
disclosure

Pursuant to Section 197 of Companies act, 2013 read with
the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014, Remuneration paid to
all the Key Managerial Personnel was in accordance with
remuneration Policy adopted by the Company and is
attached herewith under ANNEXURE IV of this report.

Prevention of Insider Trading

In compliance with SEBI (Prohibition of Insider Trading)
Regulation, 2015, the Company has adopted a Code for
Prevention of Insider Trading, Code for Practice and
Procedure for Fair disclosure of Unpublished Price
Sensitive Information along with Policy for Legitimate
purpose with a view to regulate trading in securities by the
Directors and designated employees of the Company.

The Code requires pre-clearance for dealing in the
Company's shares and prohibits the purchase or sale of

Company's shares by the Directors, Insiders, Key
Managerial Personnel, and designated employees while in
possession of unpublished price sensitive information in
relation to the Company and during the period when the
Trading Window is closed. The Company Secretary &
Compliance Officer is responsible for implementation of
the Code. All Board of Directors and the designated
employees have confirmed compliance with the Code.

Independent Directors' Meeting and
Familiarization Programme

In terms of SEBI Regulation, 2015, a meeting of
Independent Directors was held on 24^th March, 2026, in
absence of Non-Independent Directors and members of
the Management. The Meeting was held inter-alia, with a
view to review the performance of non-independent
directors and the Board as a whole, review the
performance of and non-executive directors; and to
assess the quality, quantity and timeliness of flow of
information between the company's management and
the Board. The details of Independent Directors' Meeting
and familiarization program are stated in the Corporate
Governance Report available at Company's website under
Investor Relation section.

Confirmation regarding Independence of
Independent Directors

Based on the declarations received from the
Independent Directors confirming their independence
under the provisions of Section 149 of the Act read with
Regulation 16(1)(b) of the SEBI Listing Regulations, the
Board, having verified the veracity of such declarations,
have confirmed that the Independent Directors fulfil the
conditions of independence specified in the Act and the
SEBI Listing Regulations and that they are independent
of the Company's management.

Adequacy of Internal Financial Control

The Company has in place adequate internal financial
control with reference to financial statements. Periodic
audit is undertaken on continuous basis covering all the
major operations. Reports of the Internal Auditors are
reviewed by the management from time to time and
desired actions are initiated to strengthen the control and
effectiveness of the system. During the year, such control
was tested and no reportable material weaknesses were
observed in the design or operation. The Internal financial
control with reference to financial statement as designed
and implemented by the company are adequate. During
the year under review, no material or serious observation
has been received from the Internal Auditors of the
company for inefficiency of such control.

Internal Control System and their Adequacy

The Internal Control System provides for well documented
policies/guidelines, authorization and approval
procedures. Considering the nature of its business and size
of operation, your company through its internal auditor
carried out periodic audit based on the plan approved by
the audit committee.

The Remarks of the Internal Audit, if any and the action
taken report along with the status of the implementation
are reported to the Audit Committee. The above
recommendation is reviewed by the Audit Committee on
a regular basis and require action are initiated to
strengthen the control and effectiveness of the system.
Concerns, if any, reported to the board.

Green Initiative

Your Directors would like to draw your attention to section
20 of the Companies act, 2013 read with the Companies
(Management and administration) Rules, 2014 as may be
amended from time to time which permit the paperless
compliances and also service of notice/documents
(including annual report) through electronic mode to its
shareholders.

Your Directors hereby once again appeal to all those
members who have not registered their e mail address so
far are requested to register their email address in respect
of electronic holding with their concerned Depository
participants and /or with the Company.

Health Safety and Environment

The Company obtained the necessary approval/Licenses
from concerned Government Department/Pollution
Control Board and related environment clearance safety
clearance. The company continues to focus on
maintenance and performance improvement of related
pollution control facility at its manufacturing locations.

Business Responsibility and Sustainability
Report (BRSR)

The business responsibility and Sustainability Report
(BRSR) as required by regulation 34(2) (f) of the SEBI
(listing obligations and disclosure requirements)
regulations, is applicable to the top 1000 listed entities
based on market capitalization. We wish to inform that the
Company does not fall within the criteria for mandatory
BRSR reporting for the financial year ended March 31,
2026.

Management Discussion and Analysis Report

The Management Discussion and Analysis Report on the
operations of the Company for the FY 2025-26 as required
under the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 has been provided as an
ANNEXURE VIII attached herewith to this report.

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 Company believes in
"Zero Tolerance" against bribery, corruption and unethical
dealings / behaviors of any form and the Board has laid
down the directives to counter such acts.

Policies as per SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015

Pursuant to requirements of provisions of SEBI (Listing
Obligations and Disclosure Requirements) Regulations,
2015 the Company has adopted the following policies
currently which are available on the website of the
company at www.polvlinkpolymers.com and the links for
all the policies are given under ANNEXURE-II of this
report.

Application/proceeding under the Insolvency
and Bankruptcy Code, 2016:

Pursuant to rule 8(5)(xi) of the Companies (Accounts)
Rules, 2014, no application has been made nor any
proceeding is pending under the Insolvency and
Bankruptcy Code, 2016 during the period under review.

Details of difference between amount of the
valuation done at the time of one-time
settlement and the valuation done while taking
loan from the banks or financial institutions
along with the reasons thereof under rule
8(5)(xii) of the Companies (Accounts) Rules,
2014:

The details of difference between amount of the valuation
done at the time of one-time settlement and the valuation
done while taking loan from the Banks or Financial
Institutions along with the reasons thereof under rule
8(5)(xii) of the Companies (Accounts) Rules, 2014 are not
applicable to the Company during the period under
review.

Information under the sexual harassment of
women at the workplace [prevention,
prohibition and redressal] act 2013

The Company has in place a policy for the prevention of
sexual harassment in line with the requirements of the
Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013 ("POSH Act, 2013”)
The policy has been posted on the Company's website
www.polylinkpolymers.com .

The Company has always believed in providing a safe and
harassment-free workplace for every individual working in
the Company. The Company has complied with the
applicable provisions of the aforesaid Act and the Rules
framed thereunder, The Company has in place a policy on
Sexual Harassment in line with the requirements of the
Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013.

a. Number of complaints filed during the year: 0

b. Number of complaints disposed-off during the year: 0

c. Number of complaints pending at the end of the year: 0

The Code on Social Security, 2020 - Maternity
Benefit:

The Company is in compliance with the applicable
provisions relating to maternity benefits as prescribed
under the Maternity Benefit Act, 1961/ the Code on Social
Security, 2020.

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, as
amended, is provided as ANNEXURE-I of this report.

General Disclosure

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

1. Issue of equity shares with differential rights as to
dividend, voting or otherwise.

2. Issue of shares (including sweat equity shares and
Employees Stock Option Scheme) to Directors
and employees of the Company under any
scheme.

3. The Company has not issued any warrants,
debentures, bonds or any non-convertible
securities.

4. The Company has not bought back its shares,
pursuant to the provisions of Section 68 of Act
and the Rules made thereunder.

5. The Company does not have any scheme of
provision of money for the purchase of its own
shares by employees or by trustees for the
benefit of employees.

6. Statement of deviation or variation in connection
with preferential issue.

7. The Financial Statements of the Company were
not revised.

Acknowledgements

The Board of Directors wishes to express its gratitude
and record its sincere appreciation for the
commitment and dedicated efforts put in by all the
employees at all the levels during the year. Your
Directors take this opportunity to express their
grateful appreciation for the encouragement, co¬
operation and support received by the Company from
the local authorities, bankers, customers, suppliers
and business associates. The directors are thankful to
the esteemed shareholders for their continued
support and the confidence reposed in the Company
and its

management.

Place: Ahmedabad
Date: 10^th August, 2026

For, Polylink Polymers (India) Limited

By Order of the Board of Directors

Ravi Prakash Goyal Uma Shankar Bhartia
Whole Time Director Chairman

(DIN: 00040570) (DIN: 00063091)