The Directors are pleased to present herewith the eighteenth (18th) Annual Report of P.E. Analytics
Limited ("the company") along with the Audited Financial Statements for the Financial Year ("FY") 2024¬
2025

SUMMARY OF FINANCIAL HIGHLIGHTS:

The standalone and consolidated performance of the Company for the Financial Year Ended on March
31st, 2025 is summarized below:

1. FINANCIAL HIGHLIGHTS: -

To bring more experience on the Board, Company has appointed Mr. Sachin Sandhir w.e.f 14th
February 2022, Mr. Nitin Uppal w.e.f 1 st August, 2024 & Mr. Viraj Nijhara as an Independent Directors
of the Company w.e.f 16th May 2025. However, Mr. Satish Gordhan Mehta resigned from the post of
Independent Director w.e.f 15th June 2024 and Mr. Ajay Chacko resigned from the post of
Independent Director of the Company w.e.f 7th May 2025 and they will look after the progress and
growth of the Company which will provide immense benefit & they are Independent of the
Management. All Independent Directors have given declarations that they meet the criteria of
Independence as laid down under section 149(6) of the Companies Act, 2013 and Regulations 16(1 )(b)
of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Managerial Personnel

The Board of the Company has appointed the Competent Professionals as a Chief Financial Officer
and Company Secretary to take material responsibility of compilation of data, coordination with the
stakeholders and liasoning with the merchant bankers and other government regulatory & agencies
(like NSE, SEBI etc). Mr. Nadeem Arshad, Company Secretary has resigned from her post w.e.f. 5th July,
2024 and Ms. Prachi Bansal (M.No. 73238) has been appointed as the Company Secretary &
Compliance Officer of the Company w.e.f. 1st July, 2024. Further, Mr. Dheeraj Kumar Tandon, Chief
Financial Officer was appointed w,ef. 03rd January, 2022.

12. DISCLOSURE OF RELATIONSHIPS BETWEEN DIRECTORS INTERSE

13. RETIREMENT BY ROTATION

In terms of section 152 of the Companies act, 2013, Ms. Vaishali Jasuja (01681830) and Ms.
Pooja Verma the Directors of the Company are hereby liable to be retire by rotation at the
following Annual General Meeting and being eligible, offered herself(s) for re-appointment,
also it is ascertained that Directors appointments are not subjected to the disqualification
under section 164 & 165 of Company's act 2013. Further, Brief profile along with the consent
of Director(s) seeking Re-appointment is given in Annexure-I of the notice and also presented
in the Board's Report:

The Board confirms that none of the Directors of the Company are disqualified from being
appointed as Director in terms of section 164 of the Companies Act, 2013 and necessary
declaration has been obtained from all the Directors in this regard.

14. BOARD EVALUATION

Pursuant to the section 134(3)(p) of Companies Act, 2013 read with Rule 8(4) of
Companies (Accounts) Rules, 2014 and SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the annual evaluation process of the Board of
Directors and Committees was conducted and the Board evaluated its performance
after seeking inputs from all the directors on the basis of criteria such as Board
Composition and structure, effectiveness of Board Processes, information and
functioning, etc.

15. DECLARATION BY INDEPENDENT DIRECTORS

Every Independent Director, at the first meeting of the Board in which he participates as a
Director and hereafter at the first meeting of the Board in every Financial Year, gives a
declaration that he meets the criteria of independence as provided under section 149(7) of
the Companies Act, 2013 and under Regulation 16(1 )(b) of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirement), Regulation 2015 and
accordingly the Company has received necessary declaration from each Independent
Director under Section 149(7) of the Companies Act, 2013 and as per Regulation 16(1 )(b) of
the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement),
2015 that he/ she meets with the criteria of Independence laid down in Section 149(6) of the
Companies Act, 2013 and SEBI (LODR) Regulations.

16. COMMITTEES OF BOARD

1. Audit Committee :

The Board has constituted an Audit Committee on 30.03.2022. The constitution, composition
and functioning of the Audit Committee also meets with the requirement of Section 177 of
the Companies Act, 2013 and Regulation 18 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. All the recommendations of Audit Committee have been
accepted by the Board of Directors of the Company:

• Overseeing the Company's financial reporting process and the disclosure of its financial
information to ensure that the financial statements are correct, sufficient and credible.

• Recommending to the Board, the appointment, re-appointment and, if required, the
replacement or removal of the Statutory auditor and the fixation of audit fees.

• Approval of payment to statutory auditors for any other services rendered by the
statutory auditors.

• Reviewing, with the management, the annual financial statements before submission to
the Board for approval, with particular reference to:

1. Matters required being included in the Directors Responsibility Statement to be included
in the Board's report in terms of clause C of sub section 3 of section 134 of the
Companies Act 2013

2. Changes, if any, in accounting policies and practices and reasons for the same.

3. Major accounting entries involving estimates based on the exercise of judgment by
management.

4.Significant adjustments made in the financial statements arising out of audit findings.

5. Compliance with listing and other legal requirements relating to financial statements.

6. Disclosure of any related party transactions.

7. Qualifications in the draft audit report.

• Reviewing, with the management, the half yearly and annual financial statements before
submission to the Board for approval.

• Matters required to be included in the Director's Responsibility Statement to be included
in the Board's report in terms of clause(c) of sub-section (3) of section 134 of the
Companies Act, 2013.

• Changes, if any, in accounting policies and practices and reasons for the same.

• Significant adjustments made in the financial statements arising out of audit findings.

• Disclosure of any related party transaction.

• Modified opinions in the draft audit report

• Statement of Deviation

• Reviewing, with the management, the statement of uses / application of funds raised
through an issue (public issue, rights issue, preferential issue, etc.), the statement of
funds utilized for purposes other than those stated in the offer
document/prospectus/notice and the report submitted by the monitoring agency
monitoring the utilization of proceeds of a public or rights issue, and making appropriate
recommendations to the Board to take up steps in this matter.

• Reviewing, with the management, performance of Statutory and internal auditors,
adequacy of the internal control systems.

• Reviewing the adequacy of internal audit function, if any, including the structure of the
internal audit department, staffing and seniority of the official heading the department,
reporting structure coverage and frequency of internal audit.

• Discussion with internal auditors on any significant findings and follow up there on.

• Reviewing the findings of any internal investigations by the internal auditors into matters
where there is suspected fraud or irregularity or a failure of internal control systems of a
material nature and reporting the matter to the Board.

• Discussion with Statutory auditors before the audit commences, about the nature and
scope of audit as well as post-audit discussion to ascertain any area of concern.

• To look into the reasons for substantial defaults in the payment to the depositors,
debenture holders, shareholders (in case of non-payment of declared dividends) and
creditors.

• Approval of appointment of Directors, KMP & Related Party (i.e. the whole-time Finance
Director or any other person heading the finance function or discharging that function)
after assessing the qualifications, experience & background, etc. of the candidate.

2. Nomination and Remuneron Commatiittee :

The Board of Directors of the Company has constituted Nomination and Remuneration
Committee (NRC) on 30.03.2022. The Constitution, Composition and functioning of the
Nomination and Remuneration Committee also meets with the requirements of Section
178(1) of the Companies Act, 2013 and Regulation 19 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.

Terms & Reference of Nomination and Remuneration Committee:

• To recommend to the Board, the remuneration packages of the Company's
Managing/Joint Managing/ Deputy Managing/Whole time / Executive Directors, KMP,
Related Party and other senior employees including all elements of remuneration
package (i.e. salary, benefits, bonuses, perquisites, commission, incentives, stock options,
pension, retirement benefits, details of fixed component and performance linked
incentives along with the performance criteria, service contracts, notice period,
severance fees etc.;

• To be authorized at its duly constituted meeting to determine on behalf of the Board of
Directors and on behalf of the shareholders with agreed terms of reference, the
Company's policy on specific remuneration packages for Company's Managing/Joint
Managing/ Deputy Managing/ Whole time/ Executive Directors, including pension rights
and any compensation payment.

• Such other matters may from time to time be required by any Statutory, contractual or
other regulatory requirements to be attended to by such committee.

3. Stakeholders' Relationship Committee :

The Board of Directors of the Company has constituted Stakeholder's Relationship
Committee (NRC) on 30.03.2022. The Constitution, Composition and functioning of the
Stakeholder's Relationship Committee also meets with the requirements of Section 178 of
the Companies Act, 2013 and Regulation 20 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.

• Redressal of shareholders'/investors' complaints;

• Reviewing on a periodic basis the Approval of transfer or transmission of shares,
debentures or any other securities made by the Registrar and Share Transfer Agent;

• Issue of duplicate certificates and new certificates on split/consolidation/renewal;

• Non-receipt of declared dividends, balance sheets of the Company; and

• Carrying out any other function as prescribed under the Listing Agreement.

• Allotment, transfer of shares including transmission, splitting of shares, changing joint
holding into single holding and vice versa, issue of duplicate shares in lien of those torn,
destroyed, lost or defaced or where the cages in the reverse for recording transfers.

4. Corporate Social Responsibility Committee :

The Board of Directors of the Company has constituted Corporate Social Responsibility (CSR)
Committee on 30.03.2022. The Constitution, Composition and functioning of the Corporate
Social Responsibility Committee also meets with the requirements of Section 135 of the
Companies Act, 2013.

Terms & Reference of Corporate Social Responsibility Committee:

• To formulate and recommend to the Board, a CSR policy which shall indicate the
activities to be undertaken by the Company as per the Companies Act, 2013;

• To review and recommend the amount of expenditure to be incurred on the activities to
be undertaken by the Company;

• To monitor the CSR policy of the Company from time to time;

• Any other matter as the CSR Committee may deem appropriate after approval of the
Board of Directors or as may be directed by the Board of Directors from time to time.

5. Internal Complaints Committee (ICC), Sexual Harassment of women at
workplace (prevention, prohibition and redressal) Act, 2013.

The Board of Directors of the Company has constituted the Internal Complaints Committee
(ICC) on 30.03.2022. The Constitution, Composition and functioning of the Internal
Complaints Committee also meets with the requirements of Section 4 of Sexual Harassment
of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Terms & Reference of Internal Complaints Committee:

• To formulate the Sexual Harassment Policy in order to ensure the prevention of sexual
harassment and safety of women employees at work place.

• To conduct the meeting in case of any complaint received in writing from any women
employees, to settle the grievances and to ensure the proper compensation in case of
any misconduct, harassment with the women employees either physically or mentally.

• Provide a safe working environment at the workplace.

• Organize workshops and awareness programs at regular intervals

17. 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 AND THE DATE OF THE REPORT.

There are no material changes and commitments affecting the financial position of the
Company occurred between the ends of the financial year to which this financial statements
relate on the date of this report.

18. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR
COURTS OR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND
COMPANY'S OPERATIONS IN FUTURE

No significant material orders was passed by the regulators/courts which would impact the
going concern status of the Company and its future operations.

19. DETAILS OF SUBSIDIARY/JOINT VENTURES/ASSOCIATE COMPANIES

During the year 2021-2022, your Company has acquired 8000 Equity Shares at face value of
Rs.10 each of Propedge Valuations Private Limited (CIN No. U74110DL2015PTC282971) out
of 10000 Equity Shares i.e holding 80% and thereby M/s Propedge Valuations Private Limited
is a subsidiary Company u/s 2(87) of the Companies Act, 2013 w.e.f 06th January 2022.
Propedge Valuations are a leading provider of Valuation of Real Estate Assets & Plant and
Machinery, Project Approval and Project Monitoring services across top cities in India.
Leading institutions in BFSI and Insurance segment trust us for independent and incisive
Technical services reports.

20. NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS

During the Financial Year Ended on March 31, 2025, the Board of Directors met 4 times, the
details of which is given below. The maximum interval between any two meetings did not
exceed 120 days. The prescribed quorum was presented for all the Meetings and Directors of
the Company actively participates in the meetings and contributed valuable inputs on the
matters brought before the Board of Directors.

There being 4 meetings of Board of Directors being convened under the financial year
complying with the requirement of Section 173 of the Companies Act 2013. Details of Board
meeting held are as Follows:-

21. ANNUAL RETURN

Pursuant to Section 92(3) of the Act and Rule 12 of the Companies (Management and
Administration) Rules, 2014 , the Annual Return for the FY 2024-2025 is available on
Company's website at URL:- www.propequity.in.

22. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186

Necessary Details are given here below: Amount outstanding as at 31 st March, 2025

23. CHANGES IN THE NATURE OF BUSINESS & MAJOR EVENTS

For sustained growth in future, Company wants to rely on the main business of the Company
i.e engaged in providing proprietary Real Estate Business Intelligence and Analytics Platform
on B2B business model to various users such as Developers, construction industry,
Investors, Banks, Housing finance companies, Equity research firms, real estate PE funds,
REIT's financial institutions, Mortgage Insurers, HNI's Lenders and Investors in real estate.
Our products are considered as a premier Business Intelligence product-a first of its kind in
India in the Realty space.

24. WEBSITE

www.propequity.in is the website of the Company. All the requisite details, policy are placed
on the website of the Company.

25. POLICY ON DIRECTOR'S APPOINTMENT AND REMUNERATION

The salient features of the policy of Director's appointment and remuneration of Directors,
KMP, senior employees and related parties are as provided under Section 178(3) of the
Companies Act, 2013, SEBI (LODR) Regulations, 2015 and any other re-enactment(s) for the
time being in force.

Nomination and Remuneration Policy is available at the website of the Company
www.propequity.in .The Board has adopted Nomination and Remuneration policy for
selection and appointment of Directors and Key Managerial Personnel and to decide their
remuneration. The Nomination and Remuneration policy of the company acts as a guideline
for determining, inter alia, qualifications, positive attributes and independence of a Director,
matters relating to the remuneration, appointment, removal and evaluation of the
performance of the Directors and Key Managerial Personnel.

None of the Directors of this Company are related to or taking any remuneration from its
subsidiary Company i.e M/s Propedge Valuations Private Limited.

26. INVESTOR GRIEVANCE REDRESSAL POLICY

The Company has adopted an internal policy for Investor Grievance handling, reporting and
Redressal of same.

27. PARTICULARS OF EMPLOYEES AND REMUNERATION

Particulars of Employees Section 197(12) of the Companies Act, 2013 and other disclosures
as per rule 5(2) of Companies (Appointment & Remuneration of Managerial Personnel) Rules,
2014, forming part of the Directors' Report for the year ended 31st March, 2024.

a) Ratio of Remuneration of each director to the Employees median
remuneration:

b) . The appointment & percentage increase in remuneration of Chief Financial Officer,
Company Secretary or Manager, if any in the financial year are as under:

Mr. Dheeraj Kumar Tandon is appointed as chief financial officer of the Company w.e.f 03rd
January 2022, during the year the remuneration was increased from Rs. 21.23 Lac to Rs.22.71
Lacs as disclosed under the schedule related party disclosures.

Mr. Nadeem Arshad was appointed as Company secretary of the Company w.e.f 22nd May
2023 and during the year the net remuneration of 4.97 Lac was recorded as per the relevant
schedule. He has resigned from his post w.e.f. 5th July, 2024.

Ms. Prachi Bansal is appointed as Company secretary of the Company w.e.f 1st July 2024 and
during the year the net remuneration of 6.95 Lac was recorded as per the relevant schedule.

Notes: Gross remuneration comprises salary, commission, allowances, monetary value of
perquisites, Company's contribution to Provident Fund, Haryana Labour Welfare Fund and
Superannuation Fund; but excludes contribution to Gratuity Fund on the basis of actuarial
valuation for which separate figures are not available.

c) . Number of permanent employees on the rolls of the Company as on 31st March 2025¬
153.

d) . Affirmation is given that the remuneration paid to the Directors of the Company is as per
section 198 of the companies act and as per the remuneration policy.

e) . The percentage increase in median remuneration of employees for the financial year
2024-25 is 8%.

f) . The average increase in the managerial remuneration is 8% & the average increase in the
salary of employees other than managerial personnel is 10%.

g) . Information relating to Top 10 employees as per Rule 5(2) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014 and amendments thereof:

28. INSURANCE

All assets of the Company are not insured yet.

29. PARTICULARS OF CONTRACT AND ARRANGEMENTS WITH RELATED PARTIES

All transactions entered into with the related parties as defined under the Companies Act,
2013 during the financial year were in the ordinary course of business and on arm's length
pricing basis. Form AOC-2 is attached to Board's Report as Annexure-II.

30. SECRETARIAL AUDITORS

The Company has appointed M/s. Agarwal S. & Associates, Company Secretaries as the
Secretarial Auditor of the Company under section 204(1) of the Companies Act, 2013 read
with rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014 for the tenure of five financial year starting from financial year 2025-2026. The
Secretarial Audit Report (MR-3) for the financial year 2024-25 is attached herein below as
Annexure IV of this Report.

31. STATUTORY AUDITORS

The Company has appointed of M/s. Singhi Chugh and Kumar, Chartered Accountants, a
peer reviewed firm as the Statutory Auditors of the Company for a term of 5 years i.e. from
the Financial Year 2021 -22 to 2025-26 in the Annual General Meeting held in the year 2022.

32. STATUTORY AUDITORS' REPORT- REPORT ON FRAUD U/S 143 (12) OF COMPANIES ACT,
2013.

The Auditor's Report doesn't contain any qualifications or reservation. The comments in the
Auditor's Report read with the notes to the accounts are self-explanatory and do not call for
further explanation. No fraud has been reported by the Auditors under section 143(12) of
the Companies Act, 2013 requiring disclosure in the Board's Report.

33. EXTRACT OF ANNUAL RETURN

As per the Notification released by Ministry of Corporate Affairs dated 28th August 2020, it is
not required to attach the extract of Annual return with the Boards Report in Form MGT-9, in
case the web link of such Annual Return has been disclosed in the Boards Report in
accordance with sub-section (3) of Section 92 of the Companies Act, 2013.

34. ENERGY CONSERVATION, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE,
EARNING AND OUTGO

In accordance with the provisions of section 13(3)(m) of the Companies Act, 2013 read with
the Rule 8 of the Companies (Accounts) Rules, 2014, the relevant information pertaining to
conservation of energy, technology absorption, foreign exchange earnings and outgo are as
follows:

A). Conservation of energy:

The energy conservation receives utmost attention of the management. Conservation of
energy is always been an area of priority in the Company's operations. The Company has
consumed power of 15,03,000 (Previous year -Rs. 10, 51,000) for the year under review.

The steps taken by the Company for utilizing the alternate sources of energy- NIL
The Capital Investment or Energy Conversation Equipment's- NIL

(B) Technology absorption:

The efforts made towards technology absorption:

The Company's approach to technology has always been focused on enhancing the
consumer experience by leveraging technology. We understand that today the consumer
enjoys the use of digital assistance and use of AI for a more personalized experience. We
have enhanced the functionality and added new insightful reports to our marquee
applications of PEPlus and PropBuild.

We have continuously upgraded our local data center to improve data processing and
communication and also removed the bottleneck in performance due to concurrency & high
processing. We are working on AI & ML based technologies in our data extraction &
processing to improve the process automation and resource deployment. We have
enhanced our application schema and backend architecture to accommodate the future
requirement of high data processing with increased data accuracy.

We have developed and implemented a new data processing interface and upgraded
existing tools to handle the repetitive data queries and hence helped in increasing data
accuracy and reducing the response time to clients. Recently, we have developed and
implemented new applications and backed systems for our clients in banking to include their
new branding guidelines to manage their data, and content. This enhancement helps our
clients to increase the organic leads for their home loan business.

We have created and implemented a new functionality in our CRM application with improved
entry interface and customized reports and also added a dynamic dashboard and MIS
reports for faster turnaround time.

(C) Foreign exchange earnings and Outgoings:

During the year the foreign exchange earned was Rs . 79.76 Lac & foreign exchange used was
Rs.7.05 Lac.

35. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Company comes under the criteria as mentioned in section 135 of the Companies Act,
2013 i.e Corporate Social Responsibility and accordingly the amount has been spent on CSR
activities for the financial year 2024-2025 to comply with the requirements of necessary
social expenditure which is Rs. 24.36 Lac (2% of the average net profit of the immediate
preceding three financial years). The CSR Committee has been formulated on 30th March,
2022 as per the applicable provisions of the Act and the Composition of the committee is
provided above in this report.

36. DIRECTORS' RESPONSIBILITY STATEMENT

The Company has taken the utmost care in its operations, compliance, transparency,
financial disclosures and the financial statements have been made to give a true and fair
view of the state of affairs of the Company. As required under section 134 (5) and 134(3)(c),
and based upon the detailed representation, due diligence and inquiry there of your Board
of Directors assures and confirm as under:

a) In the preparation of the annual accounts for the Financial Year Ended on 31st March,
2025, the applicable accounting standards have been followed and there are no material
deviations from the same.

b) 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 true and fair
view of the state of affairs of the Company at the end of the financial year and of the profit or
loss of the Company for that year;

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) The Directors have prepared the annual accounts for the Financial Year Ended 31st March,
2025 on going concern basis.

e) The Directors had laid down internal financial controls to be followed by the Company and
that such internal financial controls are adequate and were operating effectively.

f) The Directors had devised proper systems to ensure compliance with the provisions of all
applicable laws and that such system were adequate and operating effectively.

37. FORMATION OF ICC (INTERNAL COMPLAINTS COMMITTEE) & DISCLOSURE UNDER
THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION
AND REDRESSAL) ACT, 2013

The Company has always believed in providing a safe and harassment free workplace for
every individual working in premises and always endeavors to create and provide an
environment that is free from discrimination and harassment including sexual harassment.
The Company has in place a policy for prevention of sexual harassment in accordance with
the requirements of the Sexual Harassment of women at workplace (Prevention, Prohibition
& Redressal) Act, 2013. Internal Complaints Committee has been set up to redress
complaints received regarding sexual harassment. All employees (permanent, contractual,
temporary, trainees) are covered under this policy. The Company did not receive any
complaint during the year 2024-25. The said policy is also available at the website of the
Company.

38. RISK MANAGEMENT

In today's economic environment, Risk Management is a very important part of business. The
main aim of risk management is identify, monitor and take precautionary measures in
respect of the events that may pose risks for the business. Your Company's risk management
is embedded in the business processes. Your Company has identified the certain risks such
as uncertain economic environment, competition, compliance and industrial risk & safety
risks. The Company has planned to manage such risk by adopting best management
practices.

39. ENVIRONMENT, HEALTH AND SAFETY

The Company accords the highest priority to Environment, Health and Safety. The
Management is constantly reviewing the safety standards of the employee and the
management believes in the concept of sustainable development. (Under group health
insurance plan, a group medical policy for employees is available to receive compensation).

40. POLICY ON PRESERVATION OF THE DOCUMENTS

The Company has formulated a policy pursuant to Regulation 9 of the Securities Exchange
Board of India (Listing obligations and disclosure requirements) Regulations, 2015
("Regulations") on preservation of the documents to ensure safekeeping of the records and
safeguard the documents from getting manhandled, while at same time avoiding
superfluous inventory of documents.

41. POLICY ON CRITERIA FOR DETERMINING MATERIALITY OF EVENTS:

The policy is framed in accordance with the Regulation 30 of the SEBI (Listing obligations and
disclosure requirements) Regulations, 2015. The objective of the policy is to determine
materiality of events or information of the Company and to ensure that such information is
adequately disseminated in pursuance with the Regulations and to provide overall
governance framework for such determination of materiality.

42. CORPORATE GOVERNANCE

The Company has got listed on 04.04.2022 on SME Emerge Platform of NSE, by virtue of
Regulation 15 of SEBI (Listing obligations and disclosure requirements) Regulations, 2015
("LODR") the compliance with the corporate governance provisions as specified in Regulation
17 to 27 and clauses (b) to (i) of sub-regulation (2) of Regulation 46 and Para C, D and E of
Schedule V are not applicable to the Company. Hence, the Corporate Governance Report
does not form part of this Annual Report.

43. EMPLOYEE RELATIONS

The relationship with the staff and workers continued to be cordial during the entire year.
The Directors wish to place on record their appreciation of the valuable work done and co¬
operation extended by them at all levels. Further, the Company is taking necessary steps to
recruit the required personnel from time to time. Company considers the Employees as an
asset of the Company and have taken utmost care and precautions as per the guidelines of
government from Covid-19 pandemic. There were no incidents of strike, lock out etc and
employees were given work from home option on precautionary basis.

44. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES UNDER
SECTION 188

All the related party transactions were entered by the Company in ordinary course of
business and were in arm's length basis. The Company presents all related party
transactions before the Board specifying the nature, value, and terms and conditions of the
transaction. Transactions with related parties are conducted in a transparent manner with
the interest of the Company and Stakeholders as utmost priority.

The particular of Contracts or Arrangements made with related parties made pursuant to
Section 186 are furnished in Form AOC -2 as Annexure-1 and is attached to this report.

45. COST AUDIT

Central Government has notified rules for Cost Audit and as per new Companies (Cost
Records and Audit) Rules, 2014 issued by Ministry of Corporate Affairs, Company is not
falling under the industries, which will subject to cost audit, therefore, the cost audit for
financial year 2024-25 is not applicable on the Company.

46. ACKNOWLEDGEMENTS

Your Directors take this opportunity to offer their sincere thanks to the employees for their
contribution and esteemed shareholders for their support. The Directors express their
sincere appreciation to the valued shareholders, bankers and clients for their support.

For and on behalf of the Board of Directors

P. E. ANALYTICS LIMITED

Sd/-

Samir Jasuja
Managing Director
DIN No. 01681776

Place: Gurgaon
Date: 14/08/2025