Your Directors have pleasure in submitting their 15^thAnnual Report of the Company together with the Audited
Statements of Accounts for the year ended 31^stMarch, 2025.

1. FINANCIAL RESULTS

The Audited Financial Statements of the Company as on March 31, 2025, 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 financial performance of the Company, for the financial year ended on 31^stMarch, 2025 is summarized
below:

(Rs. In Lakhs)

Earning per Equity Share

(Amount in Rs.)

PERFORMANCE AT A GLANCE

During the Financial Year 2024-25, the Company
achieved total Revenue of Rs. 15,095.43 Lakhs
in the current year, against Rs. 12,722.79 Lakhs
in the previous year, thereby registering increase
of 18.65 % as compared to the previous year.
The Company has registered a profit of
Rs. 1,256.69 Lakhs in the current year, against
profit of Rs. 1,096.76 Lakhs in the previous year,
thereby registering an increase in the Net Profit of
14.58% as compared to the previous year.

The Company has continued to achieve an all¬
round growth in terms of Volume, Revenues,
Profit Before Tax (PBT) and Profit After Tax
(PAT) over the previous years and has
demonstrated strong resilience during yet another
challenging year. The performance has been
achieved by the Company in spite of the
environment of global uncertainty, volatile
economic conditions and high-cost pressures.

2. CHANGE IN NATURE OF BUSINESS

During the year under review the Company was
listed on National Stock Exchange EMERGE
(SME Portal). Other than the above mentioned
particular there was no other change in nature of
business of the company

3. SHARE CAPITAL

The Paid-up Equity Share capital of the Company
was Rs. 11,32,65,000/- as on 31^st March, 2025.
During the year under review, the company has
neither issued any shares with differential voting
rights nor granted any stock Option nor any
sweat Equity Shares.

However, the company issued 29,82,000Equity
Shares of Rs. 10/- each at a premium of Rs.
128/- each through Initial Public Offer during the
Financial year.

4. DIVIDEND

In view of the future expansion plans, the Board
of Directors have not recommended any dividend
on the Equity Share Capital of the Company for
the financial year ended 31st March, 2025.

TRANSFER OF UNCLAIMED DIVIDEND TO
INVESTOR EDUCATION AND PROTECTION
FUND

Since there was no unpaid/unclaimed Dividend
declared and paid last year, the provisions of
Section 125 of the Companies Act, 2013 do not
apply.

5. TRANSFER TO RESERVES:

During the year under review, the Company has
not transferred any amount to General Reserve
out of the amount available for appropriation.

6. FINANCIAL LIQUIDITY:

Cash and Cash equivalent as at March 31^st, 2025
was Rs.4.77 Lakhs. The Company’s working
capital management is robust and involves a
well-organised process, which facilitates
continuous monitoring and control over
receivables, inventories and other parameters

7. DEPOSIT

During the year, the Company has not accepted
any deposit within the meaning of Sections 73
and 74 of the Companies Act, 2013 read with the
Companies (Acceptance of Deposits) Rules,
2014 (including any statutory modification(s) or
reenactment(s) for the time being in force) from
the public or the members and as such, no
amount on account of principal or interest on
public is outstanding.

8. ADEQUACY OF INTERNAL FINANCIAL
CONTROLS

Your Company has established adequate internal
financial control systems to ensure reliable
financial reporting and compliance with laws and
regulations. All resources are put to optimal use
and adequately protected against any loss.
Internal control systems commensurate with its
size and operations to ensure orderly & efficient
conduct of business while safeguarding the
assets, quality, and safety, procurements, finance
and accounts and reducing and detecting error.
The Company also has appointed an external
firm of Chartered Accountants to supplement the
efficient Internal Audit.

9. MANAGEMENT DISCUSSION AND ANALYSIS

The Management Discussion and Analysis
Report as required under Regulation 34(2)(e)
read with Schedule V of SEBI (Listing Obligations
& Disclosure Requirements) Regulation 2015 is
provided in a separate section and forms an
integral part of this Report and is annexed as
Annexure A.

10. CORPORATE GOVERNANCE

Maintaining of high standards of Corporate
Governance has been fundamental to the
business of your Company since its inception.
However, the report on Corporate Governance as
required under Regulation 34 (3) read with
Schedule V of SEBI (Listing Obligation &
Disclosure Requirements) Regulation, 2015 is not
provided pursuant to Regulation 15 (2) (b) of
SEBI (Listing Obligations & Disclosure
Requirements) Regulation, 2015 as the company
is listed National Stock Exchange (EMERGE)
SME Platform.

11. RELATED PARTY TRANSACTIONS

All contracts/arrangements/transactions entered
by the Company during the previous financial
year with the related parties were in the ordinary
course of business and on arms’ length basis.

There were no materially significant related party
transactions entered by the Company with its
Promoters, Directors, Key Managerial Personnel
or other persons which may have potential
conflict with the interest of the Company. All
Related Party transactions are placed before the
Audit Committee for approval, wherever
applicable. Prior omnibus approval for normal
business transactions is also obtained from the
Audit Committee for the related party transactions
which are of repetitive nature and accordingly,
the required disclosures are made to the
Committee on a quarterly basis in terms of the
approval of the Committee. The disclosure of
Related Party Transactions as required under
Section 134(3)(h) of the Act in Form AOC - 2 is
annexed as Annexure B. The Related Party
Transactions took placed during the financial year
2024-25 have placed in Notes of Financial
Statements of the Company.

12. REMUNERATION OF DIRECTORS,KEY
MANAGERIAL PERSONNEL & PARTICULARS
OF EMPLOYEES

The information required under Section 197 of
the Companies Act, 2013 read with Rule 5(1) of
the Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014 is attached
as Annexure C to this report

PARTICULARS OF EMPLOYEES:

The statement containing particulars of
employees as required under section 197 of the
Companies Act, 2013 read with Rule 5(2) of the
Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014, will be
provided upon request. In terms of Section 136 of
the Companies Act, 2013, the Report and
accounts are being sent to the members and
others entitled thereto, excluding the information
on employee’s particulars which is available for
inspection by members at the registered office of
the Company during business hours on working
days of the Company. If any member is
interested in obtaining a copy of the same, such
member may write to the Company Secretary in
this regard at cs@enerqymission.com.

13. WEBLINK / EXTRACT OF ANNUAL RETURN

Pursuant to Section 92(3) read with section
134(3) (a) of the Act, a copy of the Annual Return
of the Company for the financial year under
review prepared under Section 92(1) of the Act
read with Rule 11 of Companies (Management
and Administration) Rules, 2014 in prescribed
Form No. MGT-7 is placed on the website of the
Company and can be accessed at the web link:
https://www.enerqvmission.com/investor-
relations/#5836ab5abc.

14. BOARD OF DIRECTORS & KEY MANAGERIAL
PERSONNEL

Appointment & Resignation of Directors/KMP

During the F.Y 2024-25, the following Directors
are appointed;

During the F.Y 2024-25, the following Directors

have rasinnaH frnm thp RnarH-

MD and CFO Certification

The requisite certification from the Managing
Director and Chief Financial Officer required to
be given under Regulation 17(8) read with Part B
of Schedule II of SEBI (LODR) Regulations,
2015. The aforesaid certificate, duly signed by
the Managing Director and Chief Financial
Officer in respect of the financial year ended
31^stMarch 2025, has been placed before the
Board.(Annexure D)

Retirement by Rotations

In accordance with the provisions of section 152
(6) of the Act and in terms of the Articles of
Association of the Company, ASHOKKUMAR
RAMJIBHAI PANCHAL (DIN: 03498821) and Mr.
SUMITRABEN MEHTA(DIN: 10352828), will
retire by rotation at the ensuing Annual General
Meeting and being eligible, offers themselves for
re-appointment. The board recommends their re¬
appointment.

Profile of Directors Seeking Appointment / Re¬
appointment

As required under Regulation 36 (3) of the SEBI
(LODR) Regulations, 2015, particulars of
Directors seeking appointment / re-appointment
at the ensuing Annual General Meeting are
annexed to Annexure I of the notice convening
15^thAnnual General Meeting.

Training of Independent Directors

To familiarise the new inductees with the
strategy, operations & functions of our Company,
the executive directors / senior managerial
personnel make presentations to the inductees
about the Company’s' strategy, operations,
product and service offerings, organisation
structure, finance, human resources, technology,
quality and facilities. Further, the Company has
devised a Familiarisation Program for
Independent Directors as per Regulation 46 (2) of
SEBI (Listing Obligations and Disclosures
Requirements) Regulations, 2015 and the same
has been placed on the website of the Company
at:

https://www.enerqvmission.com/investor-

relations/#5836ab5aaa.

Key Managerial Personnel

Pursuant to Section 203 of the Companies Act
2013, the following are the Key Managerial
Personnel of the Company as on 31st March,

9D9?v

Evaluation of Performance of the Board, its
Committees and Individual Directors

During the year, the evaluation of the annual
performance of Individual directors including the
Chairman of the Company and Independent
Directors, Board and Committees of the Board
was carried out under the provisions of the Act
and relevant Rules and the Corporate
Governance requirements as prescribed under
Regulation 17 of Listing Regulations, 2015 and
the circular with respect to Guidance Note on
Board Evaluation. The Nomination and
Remuneration Committee had approved the
indicative criteria for the evaluation based on the
SEBI Guidance Note on Board Evaluation.

The Exercise was carried out through a
structured evaluation process covering the
various aspects of the Board’s functioning suchas
composition of board & committees, experience &
competencies, performance of specific duties &
obligations, governance issues etc.

The evaluation of the independent Directors was
carried out by Board, except the independent
Director being evaluated and the chairperson and
the non-independent Directors was carried out by
the independent Directors.

Independent Directors Meeting

The Independent Directors met on March, 25^th,
2025, without the attendance of Non-Independent
Directors and members of the management. The
Independent Directors reviewed the performance
of Non-Independent Directors, the Committees
and the Board as a whole along with the
performance of the Chairman of the Company,
taking into account the views of Executive
Directors and Non-Executive Directors and
assessed the quality, quantity and
timeliness of flow of information between the
management and the Board that is necessary for
the Board to effectively and reasonably
perform their duties.

Board of Director Meetings

Regular meetings of the Board are held at least
once in a quarter, inter-alia, to review the
quarterly, half yearly and annual financial results
of the Company. Additional Board meetings are

convened to discuss and decide on various
business policies, strategies & other businesses.

The Board business generally includes
consideration of important corporate actions and
events including:-

• quarterly and annual result announcements;

• oversight of the performance of the business;

• development and approval of overall business
strategy;

• Board succession planning;

• review of the functioning of the Committees and

• other strategic, transactional and governance
matters as required under the Companies Act,
2013, Listing Regulations and other applicable
legislations

The notice of Board meeting is given well in
advance to all the Directors. Usually, meetings of
the Board are held in Registered Office of the
company. The Agenda of the Board Meetings is
set by the Company Secretary in consultation
with the Chairman and the Managing Director
and Whole time Director of the Company. The
Agenda is circulated a week prior to the date of
the meeting. The Board Agenda includes an
Action Taken Report comprising the actions
emanating from the Board Meetings and status
update thereof. The Agenda for the Board
Meetings covers items set out as per the
guidelines in Listing Regulations to the extent it is
relevant and applicable. The Agenda for the
Board Meetings include detailed notes on the
items to be discussed at the meeting to enable
the Directors to take an informed decision.

Prior approval from the Board is obtained for
circulating the Agenda items with shorter notice
for matters that form part of the Board Agenda
and are considered to be in the nature of
Unpublished Price Sensitive Information.

The minutes of proceeding of each Board
meetings are maintained in terms of statutory
provisions.

During the year under review, the Board of
Directors of the Company met Twenty times.

The Dates of meetings are as follows:

15. Disclosure by Directors:

The Directors on the Board have submitted notice
of interest under Section 184(1) of the
Companies Act, 2013 i.e. in Form MBP 1,
intimation under Section 164(2) of the Companies
Act, 2013 i.e. in Form DIR 8 and declaration as to
compliance with the Code of Conduct of the
Company.

16. COMMITTEES OF BOARD OF DIRECTORS

The Board of Directors has constituted Board
Committees to deal with specific areas and
activities which concern the Company and
requires a closer review. The Board Committees
are formed with approval of the Board and
function under their respective Charters. These
Committees play an important role inthe overall
management of day-to-day affairs and
governance of the Company. The Board
Committees meet at regular intervals and take
necessary steps to perform its duties entrusted
by the Board. The Minutes of the Committee
Meetings are placed before the Board for noting.
The Board of Directors of the Company have
constituted the following Committees:

a. Audit Committee

b. Stakeholders Relationship Committee

c. Nomination and Remuneration Committee

d. Corporate Social Responsibility Committee.

a. AUDIT COMMITTEE

The composition of the Audit Committee is in
alignment with the provisions of Section 177 of
the companies Act, 2013 read with the Rules
issued there under and Regulations of the SEBI
(Listing Obligations and Disclosures
Requirements) Regulations, 2015.

All the Members of the Audit Committee are well
Qualified, experienced and possess sound
knowledge of finance, accounting practices and
internal controls. The Company Secretary of the
Company acts as the Company Secretary of the
Audit Committee.

All the recommendations made by the Audit
Committee were accepted by the Board of
Directors of the Company.

The Composition of Audit Committee:

MEETING AND ATTENDENCE

During the Financial Year ended 31^stMarch,
2025, the Audit Committee met six times on 01^st
May, 2024; 04^th June, 2024; 23^rd August, 2024;
14^tfi November, 2024; 15^th December, 2024 and

21^st March, 2025 and the requisite Quorum was
present.

b. NOMINATION & REMUNERATION
COMMITTEE

The composition of the Nomination &
Remuneration Committee is in alignment with the
provisions of Section 178 of the companies Act,
2013 read with the Rules issued there under and
Regulations of the SEBI (Listing Obligations and
Disclosures Requirements) Regulations, 2015.
The Composition of Nomination and
Remuneration Committee:

MEETING AND ATTENDENCE

During the Financial Year 2024-25 the
Nomination & Remuneration Committee met
twice on 04^th September, 2024and 21^st March,
2025 and the requisite Quorum was present.

c. STAKEHOLDERS RELATIONSHIP
COMMITTEE AND SHARE TRANSFER
COMMITTEE

The compliance with the provisions of Section
178 of the companies Act, 2013 read with the
Rules issued there under and Regulation 20 of
the SEBI (Listing Obligations and Disclosures
Requirements) Regulations, 2015, the Board has
constituted Stakeholders Relationship Committee
and share transfer committee. The Committee is
entrusted with the responsibility of addressing the
stakeholders' / investors' complaints with respect
to share transfers, non-receipt of annual reports,
dividend payments, issue of duplicate shares, etc
& other shareholders related queries, complaints,
as well as relating to transfer of shares, Review
and approval of all requests pertaining to sub¬
division, consolidation, transfer, transmission of
shares and issue of duplicate share certificates;
etc.

The Composition of Stakeholders
Relationship Committee and Share Transfer
Committee:

There was one meeting of Stakeholders
Relationship Committee held during the year as
under on 04^th September, 2024.

d. Corporate Social Responsibility Committee

The purpose of our Corporate Social
Responsibility Committee is to formulate and
recommend to the Board, a Corporate Social
Responsibility Policy, which shall indicate the
initiatives to be undertaken by the Company,
recommend the amount of expenditure the
Company should incur on Corporate Social
Responsibility (‘CSR’) activities and to monitor
from time to time the CSR activities and Policy of
the Company. The CSR Committee provides
guidance in formulation of CSR strategy and its
implementation and also reviews practices and
principles to foster sustainable growth of the
Company by creating values consistent with long¬
term preservation and enhancement of financial,
manufacturing, natural, social, intellectual
andhuman capital. The CSR policy is available on
our website at

https://www.eneravmission.com/investor-
relations/#5836ab5abc.

2 (Two) meetings of the CSR Committee were
held during the financial year ended March 31,
2025. These meetings were held on 04^th
September, 2024 and 21^st March, 2025.

The requisite quorum was present for all the
meetings.

The Composition of Corporate Social
Responsibility Committee

17. REMUNERATION AND NOMINATION POLICY

The Board of Directors has framed a policy which
lays down a framework in relation to
remuneration of directors, Key Managerial
Personnel and Senior Management of the
Company. This policy also lays down criteria for
selection and appointment of the board members.
The Remuneration and Nomination Policy is
available on our website at
https://www.enerqvmission.com/investor-
relations/#5836ab5abc.

18. DECLARATION BY INDEPENDENT
DIRECTORS

All the independent Directors of your company
have given their declarations, that they meet the
criteria of independence as laid down under
Section 149(6) of the Act and the SEBI(listing
Obligations and Disclosure Requirements)
Regulations,2015.

In the opinion of the Board, there has been no
change in the circumstances which may affect
their status as Independent Directors of the
Company and the Board is satisfied of the
integrity, expertise, and experience (including
proficiency in terms of Section 150(1) of the Act
and applicable rules thereunder) of all
Independent Directors on the Board. Further, in
terms of Section 150 read with Rule 6 of the
Companies (Appointment and Qualification of
Directors) Rules, 2014, as amended,
Independent Directors of the Company have
included their names in the data bank of
Independent Directors maintained with the Indian
Institute of Corporate Affairs.

19. AUDITORS

STATUTORY AUDITOR AND THEIR REPORT

The Board has duly reviewed the Statutory
Auditors’ Report for the year ended on 31^st
March, 2025 and the observations and
comments, appearing in the report are self¬
explanatory and do not call for any further
explanation / clarification by the Board of
Directors as provided under section 134 of the
Companies Act, 2013.

AUDITOR’S REPORT:

• The Auditors’ Report for the Financial Year
ended 31st March, 2025 does not contain any
qualifications, reservations or adverse remarks.

• As regards the comments made in the Auditors’
Report, the Board is of the opinion that they are
self-explanatory and does not require further
clarification.

Pursuant to Section 139 of the Companies Act,

2013 and Rules made there under, M/S S S P J
& Co., Chartered Accountants (Firm Registration
No. 018083N), are to be appointed for a period of
Five years subject to approval of shareholders in
Annual General Meeting until the conclusion of
the 19^thAnnual General Meeting to be held in the
year 2030.

INTERNAL AUDITOR AND THEIR REPORT

The provisions of Section 139 of the Companies
Act, 2013 and The Companies (Accounts) Rules,

2014 was not applicable to the company during
the year under review.

For Financial Year 2025-26 the Board has
appointed M/s SGVG & Co., Chartered
Accountants, in its meeting held on 25^thAugust,
2025 as the Internal Auditors of the company and
the Internal Audit of the functions and activities of
the Company will be undertaken by the them.

SECRETARIAL AUDITOR AND THEIR
REPORT

Pursuant to the provisions of Section 204 of the
Act and the Companies (Appointment and
Remuneration of Managerial Personnel) Rules,
2014 and amended Regulation 24A of the SEBI
Listing Regulations, the Board has based on the
recommendation of Audit Committee approved
appointment of CS Nihar Sheth, (ACS 44829
COP 16920), a peer reviewed firm of Company
Secretaries in Practice as Secretarial Auditors of
the Company for a period of five years, i.e., from
April 1, 2025 to March 31, 2030, subject to
approval of the Shareholders of the Company at
the ensuing AGM.

The Report of the Secretarial Auditor for FY25 is
annexed herewith as Annexure - E. The said
Secretarial Audit Report does not contain any
qualification, reservations, adverse remarks or
disclaimer.

COST AUDITORS

As per Section 148 of the Act, the Company is
required to have the audit of its cost records
conducted by a Cost Accountant. The Board of
Directors of the Company has on the
recommendation of the Audit Committee,
approved the appointment of M/s Devang Patel
and Associates, a firm of Cost Accountants in
Practice (Registration No. 101976) as the Cost
Auditors of the Company to conduct cost audits
for relevant products prescribed under the
Companies (Cost Records and Audit) Rules,
2014 for FY 2025-26. M/s Devang Patel and
Associates have, under Section 139(1) of the Act
and the Rules framed there under furnished a
certificate of their eligibility and consent for
appointment. The Board on recommendations of
the Audit Committee have approved the
remuneration payable to the Cost Auditor, subject
to ratification of their remuneration by the
Members at this AGM. The resolution approving
the above proposal is being placed for approval
of the Members in the Notice for this AGM. The
cost accounts and records of the Company are
duly prepared and maintained as required under
Section 148(1) of Act.

20.PARTICULARS OF LOANS, GUARANTEES OR
INVESTMENTS MADE UNDER SECTION 186
OF THE COMPANIES ACT, 2013

The Company has not provided any loan to any
person or body corporate or given any guarantee
or provided security in connection with such loan
or made any investment in the securities of
anybody corporate pursuant to section 186 of the
Companies Act, 2013 during the year under
review and hence the said provision is not
applicable.

For details of investments made in shares of
Wholly Owned Subsidiary Company (WOS), M/s.
EM PRESS FORM SOLUTIONS PRIVATE

LIMITED, and Energy Mission Machineries USA
INC please refer Note [No.15] of the Standalone
Financial Statements forming part of the Annual
Report for F.Y. 2024-25.

21. PARTICULARS REGARDING CONSERVATION
OF ENERGY, TECHNOLOGY ABSORPTION
AND FOREIGN EXCHANGE EARNINGS AND
OUTGO:

The Particulars as prescribed under sub-section
(3)(m) of Section 134 of the Companies Act,

2013, read with the Companies (Accounts) Rules,

2014, forms an integral part of this report and is
annexed as Annexure - F.

22. CORPORATE SOCIAL RESPONSIBILITY

The objective of the Company’s Corporate Social
Responsibility (‘CSR’) initiatives is to improve the
quality of life of communities through long-term
value creation for all stakeholders. The
Company’s CSR policy provides guidelines to
conduct CSR activities of the Company.

The salient features of the Policy forms part of
the Annual Report on CSR activities annexed to
the Board’s Report. The Annual Report on CSR
activities, in terms of Section 135 of the
Companies Act, 2013 and the Rules framed there
under, is annexed to this Report as Annexure G.

23. SUBSIDIARIES, JOINT VENTURES AND
ASSOCIATE COMPANIES

The Company has following Subsidiary
Companies

In accordance with Section 129(3) of Companies
Act, 2013, the Consolidated Financial Statements
of the Company and its Subsidiaries in
accordance with the relevant accounting
standards have been prepared which forms part
of the Annual Report. Further, a statement
containing the salient features of the financial
statements of the Subsidiaries in Form AOC-1
forms an integral part of this report and is
annexed as Annexure - H

24. VIGIL MECHANISM/ WHISTLE BLOWER
POLICY

The Vigil Mechanism of the Company, which also
incorporates a whistle blower policy in
compliance with the provisions of Section 177(9)
&(10) of the Companies Act, 2013 and
Regulation 22 of the SEBI (LODR), 2015,
includes an Ethics & Compliance Task Force
comprising senior executives of the Company.
Protected disclosures can be made by a whistle
blower through an e-mail or a letter to the Task

Force or to the Chairman of the Audit Committee.
The Vigil Mechanism and Whistle Blower Policy
may be accessed on the Company’s website
athttps://www.eneravmission.com/investor-
relations/#5836ab5aaa.

25. PREVENTION OF INSIDER TRADING:

Your company has adopted the "Code of Conduct
on Prohibition of insider trading“and”Code of
Conduct for Directors and Senior Management
Personnel” for regulating the dissemination of
Unpublished Price Sensitive Information and
trading in security by insiders.

The Policy on Code of Conduct is available at the
website of the company at
https://www.eneravmission.com/investor-
relations/#5836ab5aaa.

26. PREVENTION OF SEXUAL HARASSMENT
OFWOMAN AT WORKPLACE:

The company has in place the “Policy on
Prevention of Sexual Harassment at the
workplace” in line the requirements of the sexual
Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act 2013. The
Company had constituted Internal Complaints
committee (ICC) to redress the complaints
received regarding sexual harassment. During
the year under review, no complaints were
received by the Committee for Redressal.

The Policy on Prevention of Sexual Harassment
is available at the website of the company at
https://www.eneravmission.com/investor-
relations/#5836ab5aaa.

27. BUSINESS RESPONSIBILITY AND
SUSTAINIBILITY REPORT:

The Business Responsibility & SUSTAINIBILITY
Report as per Regulation 34(2) of the SEBI
(LODR) Regulations, 2015 is not applicable to the
Company as the Company does not fall under top
1000 listed Companies on the basis of market
capitalization.

28. HUMAN RESOURCE

The company considers its employees as its
most valuable assets. The company focuses on
building an organization through induction and
development of talent to meet current and future
needs.

29. DIRECTORS RESPONSIBILITY STATEMENT

In accordance with the provisions of Section
134(5) of the Companies Act, 2013 the Board
hereby submit its responsibility Statement:-

a. in the preparation of the annual accounts, the
applicable accounting standards had been
followed along with proper explanation relating
to material departures;

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 at the end of the financial year and of
the profit and loss of the company for that
period;

c. the directors had taken proper and sufficient
care for the maintenance of adequate
accounting records in accordance with the
provisions of this Act 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

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 systems were
adequate and operating effectively.

30. STOCK EXCHANGES

During the year under review on 16^th May, 2024
the company listed its equity shares on NSE
EMERGE SME Platform.

31. RISK MANAGEMENT

Risk management is embedded in your
Company’s operating framework. Your
Company believes that managing risks helps in
maximising returns. The Company’s approach to
addressing business risks is comprehensive and
includes periodic review of such risks and a
framework for mitigating controls and reporting
mechanism of such risks. The risk management
framework is reviewed periodically by the Board
and the Audit Committee.

The policy on Risk Management of the
Company is available at the website of the
company at

https://www.eneravmission.com/investor-

relations/#5836ab5aaa.

32. AFFIRMATION AND DISCLOSURE:

All the Members of the Board and the Senior
Management Personnel have affirmed their
compliance with the Code of Conduct as on
31^stMarch, 2025 and a declaration to that effect,
signed by the Managing Director, forms an
integral part of this report and is annexed as
Annexure -1

33. MATERIAL CHANGES AND COMMITMENT
AFFECTING FINANCIAL POSITION OF THE
COMPANY

There are no material changes and
commitments, affecting the financial position of
the Company which has occurred between the
end of financial year and the date of Directors’
Report.

34. SIGNIFICANT AND MATERIAL ORDERS:

There were no significant and material orders
passed by any Regulators or courts or Tribunals
during the year ended 31^st March,
2025impacting the going concern status and
company’s operations in future.

35. INSTANCES OF FRAUD, IF ANY REPORTED
BY THE AUDITORS:

The Statutory Auditors of the Company have not
reported any instances of fraud to the Audit
Committee or to the Board of Directors under
Section 143(12) of the Companies Act, 2013,
including rules made there under.

36. LISTING FEES:

The Company’s Equity Shares are listed with
National Stock Exchange EMERGE Platform.
The Company has paid Listing Fees for the
financial year 2025-26 to NSE within the
prescribed time period.

37. Website:

As per Regulation 46 of SEBI (LODR)
Regulations, 2015, your Company has
maintained a functional website namely
https://www.eneravmission.com/ containing the
information about the Company. The website of
the Company is also containing information like
Policies, Shareholding Pattern, Financial Results
and information of the designated officials of the
Company who are responsible for assisting and
handling investor grievances for the benefit of all
stakeholders of the Company, etc.

38. Cyber Security:

In view of increased cyber attack scenarios, the
cyber security maturity is reviewed periodically
and the processes, technology controls are being
enhanced in-line with the threat scenarios. Your
Company’s technology environment is enabled
with real time security monitoring with requisite
controls at various layers starting from end user
machines to network, application and the data

39. Insurance:

Your Company has taken appropriate insurance
for all assets against foreseeable perils.

40. Other Disclosures:

a) The Company has complied with Secretarial
Standards issued by the Institute of Company
Secretaries of India on Meetings of the Board of
Directors and General Meetings.

b) There was no application made or any
proceeding pending under the Insolvency and
Bankruptcy Code, 2016 during the year.

c) There was no instance of onetime settlement
with any Bank or Financial Institution.

41. General Disclosure:

Your Directors state that no disclosure or
reporting is required in respect of the following
items as there were no transactions/events of
this nature during the year under review:

1. Details relating to deposits covered under
Chapter V of the Companies Act, 2013.

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

3. Issue of Shares (Including Sweat Equity
Shares) to employees of the Company under
any scheme.

4. No significant or material orders passed
by the Regulators or Courts or Tribunals which
impact the going concern status and the
Company’s operation in future.

5. Voting rights which are not directly
exercised by the employees in respect of
shares for the subscription/ purchase of which
loan was given by the Company (as there is no
scheme pursuant to which such persons can
beneficially hold shares as envisaged under
section 67(3)c of the Companies Act, 2013).

6. There has been no change in the nature
of business of your Company.

7. An application made or any proceeding is
pending under the Insolvency and Bankruptcy
Code, 2016.

8. There was no instance of onetime
settlement with any Bank or Financial Institution
or revision of financial statements and Directors’
Report of your Company.

42. ACKNOWLEDGEMENTS

Your directors wish to thank all stakeholders,
employees, Company’s bankers, various
government authorities, members and business
associates for their continued support and
valuable co-operation. Your directors also wish
to place on record their deep sense of
appreciation for the committed services by the
executives, staff and workers of the Company.

On behalf of the Board of Directors

Satishkumar Parmar
(Chairman, CFO and Director)

DIN:03297705

Dineshkumar Chaudhary
(Managing Director)

DIN:03297711

Date:25/08/2025
Place: Ahmedabad