CONSOLIDATED FINANCIAL STATEMENTS

The consolidated financial statements for FY 2025-26 have been
prepared in accordance with the applicable provisions of the
Companies Act, 2013 (“the Act”), Indian Accounting Standards
(Ind AS), and the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI LODR Regulations”).
These statements will be presented to the Members at the
forthcoming Annual General Meeting (“AGM”).

STATE OF THE COMPANY’S AFFAIRS

Your company is an independent retail wealth management
services group in India and are amongst the top mutual fund
distributors in terms of average assets under management
(“AAUM”) and commission received.

Your company provide wealth management services to 20.71
lakhs unique retail investors through 36,880 MFDs on our
business-to-business-to-consumer (“B2B2C”) platform and are
spread across branches in 143 locations in 21 states in India, as
on March 31, 2026. Your company offers a technology enabled,
comprehensive investment and financial services platform with
end-to-end solutions critical for financial products distribution
and presence across both online and offline channels and digital
wealth management (“DWM”) solutions through platforms,
namely, FundzBazar, PrudentConnect, Policyworld and
CreditBasket.

As on March 31, 2026, our assets under management from the
mutual fund distribution business (“AUM”) stood at 71,19,304
crores with 96.8% of our total AUM being equity oriented. Our
AUM has increased from 71,03,515 crores as on March 31, 2025 to
71,19,304 crores as on March 31, 2026, representing an increase
of 15.3% with our equity oriented AUM increasing from 71,00,061
crores to 71,15,479 crores during the same period, representing
an increase of 15.5%.

Our retail focus has helped grow the number of systematic
investment plans (“SIPs”) handled by us from 32.90 lakhs
as of March 31, 2025 to 37.49 lakhs as of March 31, 2026.
Correspondingly, equity AUM from SIPs increased from 743,802
crores (representing 43.78% of our total equity AUM) as of March
31, 2025 to 750,308 crores (representing 43.6% of our total equity
AUM) as of March 31, 2026. Our monthly SIP flows as of March 31,
2026 were 71188 crores providing visibility of monthly inflows for
our MFDs as well as the Company.

Our overall revenue from operations increased to 71,31,732.97
Lakh for Fiscal 2026 from 71,10,356.07 Lakh for Fiscal 2025,
representing an increase of 19.37%. Our net profit for the year
increased by 72640.73 lakhs or 13.50% to 7 22,205.25 lakhs for
Fiscal 2026 from 719,564.52 lakhs for Fiscal 2025.

Further analysis of the Company’s operational performance is
detailed in the Management Discussion & Analysis section of this
Annual Report.

AWARDS

Our Company is certified as a ‘Great Place to Work’, which
endorses the culture at our organization.

TRANSFER TO RESERVES

During the year under review, the Company has not transferred
any amount to General Reserve.

DEPOSITS

The Company has not accepted any deposits under Section 73 of
the Companies Act, 2013 read with the Companies (Acceptance
of Deposits) Rules, 2014. Further, there are no outstanding
deposits that are not in compliance with Chapter V of the Act.

CHANGE IN THE NATURE OF BUSINESS, IF ANY

During the financial year 2025-26, there has been no change in
the nature of business of the Company.

DIVIDEND DISTRIBUTION POLICY

In compliance with Regulation 43A of the SEBI LODR Regulations,
the Company adopted a Dividend Distribution Policy at its Board
meeting held on May 12, 2021. The policy is available on the
Company’s website at https://www.prudentcorporate.com/
investorrelation/CodesandPolicies.

DIVIDEND

The Board of Directors, at its meeting held on May 07, 2026,
recommended a final dividend of 73.50 (Rupees Three and
Fifty Paise only) per equity share of 75/- each (70%) for the
financial year ended March 31, 2026, subject to approval by the
Members at the ensuing AGM. The dividend will be payable to
shareholders whose names appear in the Register of Members
as on the Record Date.

CAPITAL STRUCTURE

There was no change in the capital structure during the year
under review. Further, the Company has not issued:

• Any shares with differential rights as to dividend, voting, or
otherwise;

• Any sweat equity shares.

RELATED PARTY TRANSACTIONS

During the year, your Company has entered into transactions
with related parties as defined under Section 2(76) of the Act
read with Companies (Specification of Definitions Details)
Rules, 2014, SEBI (LODR) Regulations and applicable Accounting
Standards, which were in the ordinary course of business and on
arms’ length basis and in accordance with the policy on Related
Party Transactions of the Company.

During the year, there was no material transaction with any
related parties as per the Related Party Transactions Policy of the

Company and/or any other related party transaction entered into
by the Company that require disclosure in Form AOC-2, hence,
disclosure in Form AOC-2 is not applicable to the Company.

The disclosures pertaining to related party transactions as per
the applicable Accounting Standards form part of the notes to
the financial statements provided in this Annual Report.

As required under Regulation 23 of SEBI (LODR) Regulations, the
Company has formulated a Related Party Transactions Policy
which is available on the website of the Company at

https://www.prudentcorporate.com/investorrelation/CodesandPolicies.

PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS

The details of Loans, guarantee and Investments covered under
the provisions of Section 186 of the Act are given in the Notes
to the Standalone Financial Statements forming part of Annual
Report.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

(A) Directors:

Pursuant to the provisions of Section 152 of the Companies Act,
2013 and in terms of the Articles of Association of the Company,
Mr. Shirish Govindbhai Patel (DIN: 00239732), Whole - Time
Director is liable to retire by rotation at the ensuing AGM and being
eligible, offers himself for re-appointment. The Board of Directors
recommends his re-appointment for shareholders’ approval.

During the financial year under review, the following changes
occurred in the composition of the Board:

Chirag Ashwinkumar Shah: During the Financial year under
review, the designation of Mr. Chirag Ashwinkumar Shah, (DIN:
01480310) was changed from Whole-Time Director and Executive
Director to Non-Executive Director with effect from October 4,
2024. The Members of the Company have duly approved the said
change in designation at the Annual General Meeting held on July
31, 2025.

The Company has received declarations from all its
Independent Directors confirming their compliance with the
criteria of independence as prescribed under Section 149(6)
of the Companies Act, 2013, the Companies (Appointment and
Qualification of Directors) Rules, 2014, and the SEBI (Listing
Obligations and Disclosure Requirements) Regulations. The
Board affirms that the Independent Directors possess the
appropriate balance of skills, experience, and expertise, and
uphold the highest standards of integrity.

None of the Directors of the Company are disqualified under
Section 164 of the Companies Act, 2013. Necessary disclosures,
as required under Section 184 and other applicable provisions of
the Act, have been duly made by all Directors.

All Independent Directors have registered themselves with the
online databank maintained by the Indian Institute of Corporate
Affairs (IICA) in accordance with regulatory requirements. Further,
those Independent Directors who were not exempted have
successfully undertaken the prescribed online proficiency self¬
assessment test within the stipulated timeframe.

A brief profile of the Director proposed to be re-appointed at the
ensuing AGM, as required under Secretarial Standard-2 issued by
the Institute of Company Secretaries of India and Regulation 36 of
the SEBI (LODR) Regulations, is included in the Notice convening
the AGM. The resolution seeking the approval of shareholders for
such re-appointment forms part of the Notice.

(B) Key Managerial Personnel

Pursuant to Sections 2(51) and 203 of the Companies Act, 2013,
read with the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014 (as amended), the following
are the Key Managerial Personnel (KMP) of the Company:

• Mr. Sanjay Rameshchandra Shah - Managing Director

• Mr. Shirish Govindbhai Patel - Whole-time Director & Chief
Executive Officer

• Mr. Chiragkumar Bansilal Kothari - Chief Financial Officer

• Mr. Kunal Amrishbhai Chauhan - Company Secretary
BOARD EVALUATION

In compliance with the provisions of Section 134(3)(p) of the
Companies Act, 2013 read with the applicable Rules, and
Regulation 17(10) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, the Board has undertaken an annual
evaluation of its own performance, the performance of individual
Directors (including Independent Directors, excluding the
Director being evaluated), and the functioning of the following
Committees of the Board:

i) Audit Committee;

ii) Nomination and Remuneration Committee;

iii) Stakeholders Relationship Committee; and

iv) Corporate Social Responsibility Committee.

v) Risk Management Committee.

The evaluation process was conducted in a structured manner
and the methodology adopted for the evaluation is detailed
in the Corporate Governance Report, which forms an integral
part of this Annual Report. The Board remains committed to
monitoring and enhancing the effectiveness of the evaluation
framework to ensure robust governance standards.

Additionally, in accordance with Regulation 25(4) of the SEBI
(LODR) Regulations, the Independent Directors, in a separate
meeting held during the year, carried out the performance
evaluation of the Non-Independent Directors, the Chairperson

of the Company, and the overall functioning of the Board. The
feedback and insights derived from this exercise have been duly
considered for strengthening the effectiveness of the Board and
its Committees.

BOARD AND COMMITTEE MEETINGS

The details of meetings of the Board of Directors and its various
Committees, including their composition, are provided in the
Corporate Governance Report, which forms an integral part
of this Annual Report. The time gap between two consecutive
meetings was within the statutory limits prescribed under
Section 173 of the Companies Act, 2013 and the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.

REMUNERATION POLICY

In accordance with the provisions of Section 178 of the
Companies Act, 2013 and the Rules made thereunder, along
with Regulation 19 of the SEBI (LODR) Regulations, the
Company has formulated a Remuneration Policy applicable to
Directors, Key Managerial Personnel (KMP), Senior Management,
and other employees. The Remuneration Policy outlines,
inter alia, the criteria for appointment and remuneration
of Directors, KMPs, and Senior Management Personnel, as
well as the Company’s approach to Board diversity. The
Remuneration Policy is available on the Company’s website at:
https://www.prudentcorporate.com/investorrelation/CodesandPolicies.

PRUDENT - EMPLOYEE STOCK OPTION SCHEME 2025 (“ESOP
2025” OR “THE SCHEME”)

Pursuant to the approval of the Members accorded at the Annual
General Meeting held on July 31, 2025, the Company adopted the
“Prudent - Employee Stock Option Scheme 2025” (“ESOP 2025”
or “the Scheme”), including its extension to eligible employees
of the Company and its wholly owned subsidiary companies.

The Scheme, covering up to 16,50,000 (Sixteen Lakh Fifty
Thousand only) stock options, has been introduced with the
objective of retain, motivate and attract employees by rewarding
performance and value creation, to align individual performance
with Company objectives and foster long-term ownership.

The Scheme has been formulated in accordance with the
provisions of the Companies Act, 2013 and the SEBI (Share
Based Employee Benefits and Sweat Equity) Regulations, 2021
(“SBEB & SE Regulations”). It is administered by the Nomination
and Remuneration Committee (NRC).

During the year under review, the Company granted 1,30,945 (One
Lakh Thirty Thousand Nine Hundred Forty-Five) stock options of
face value 75 each to eligible employees of the Company and
its Wholly Owned Subsidiary, as determined by the Nomination
and Remuneration Committee (NRC), in accordance with the
approved vesting schedule. Further, 490 (Four Hundred Ninety)
stock options were cancelled and 1,285 (One Thousand Two

Hundred Eighty-Five) stock options lapsed during the year.

The statutory disclosures as required under the Companies
Act, 2013 and disclosures pursuant to Regulation 14 of the
SBEB & SE Regulations, along with a certificate from the
Secretarial Auditors under Regulation 13 of the SBEB & SE
Regulations confirming that the Scheme has been
implemented in accordance with the said Regulations,
have been hosted on the Company’s website at

https://pru.link/H2czzbkk 0Q The same will also be available for
electronic inspection by the Members during the Annual General
Meeting (AGM).The relevant disclosures as per the applicable
accounting standards form part of the notes to the Standalone
and Consolidated Financial Statements of the Company.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Company has in place a Corporate Social Responsibility
(CSR) Policy, which outlines its philosophy and guiding
principles for undertaking CSR initiatives in accordance
with the provisions of Sections 134 and 135 of the Companies
Act, 2013. The CSR Policy is available on the Company’s website at
https://www.prudentcorporate.com/investorrelation/CodesandPolicies.

The Annual Report on CSR activities for the financial year 2025-26,
as required under Section 134(3)(o) and Section 135 of the Act read
with Rule 8 of the Companies (Corporate Social Responsibility
Policy) Rules, 2014 and Rule 9 of the Companies (Accounts) Rules,
2014, is annexed to this Report as Annexure - 1.

REMUNERATION OF DIRECTORS, KEY MANAGERIAL
PERSONNEL AND PARTICULARS OF EMPLOYEES

The information required to be disclosed pursuant to Section 197
of the Companies Act, 2013 read with Rule 5 of the Companies
(Appointment and Remuneration of Managerial Personnel)
Rules, 2014 is annexed to this Report as Annexure - 2.

STATUTORY AUDITORS

At the 21^st Annual General Meeting held on September 26,
2024, the Members re-appointed M/s. Deloitte Haskins & Sells,
Chartered Accountants (Firm Registration No. 117365W) as the
Statutory Auditors of the Company for a second term of four
(4) consecutive years, to hold office from the conclusion of the
21^st AGM until the conclusion of the 25th AGM to be held in the
financial year 2027-28. The remuneration payable to the Auditors
shall be determined by the Board of Directors in consultation
with the Auditors.

The Statutory Auditors have confirmed that they meet the criteria
of independence as prescribed under the Companies Act, 2013.
During the year under review, the Auditors have not reported any
instances of fraud under Section 143(12) of the Act.

COST AUDIT

Pursuant to the provisions of Section 148 of the Companies Act,
2013 read with the Companies (Cost Records and Audit) Rules,
2014, the maintenance of cost records and audit is not applicable
to the Company for the financial year 2025-26.

SECRETARIAL AUDITORS

In accordance with the provisions of Section 204 of the
Companies Act, 2013 read with the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014 and
Regulation 24A of SEBI (LODR) Regulations, 2015, at the 22nd
Annual General Meeting, the members were appointed M/s. M.C.
Gupta & Co., Practicing Company Secretaries (COP No. 1028) as
the Secretarial Auditors for a period of five (5) consecutive years,
commencing from April 1, 2025 to March 31, 2030 to conduct the
Secretarial Audit of the Company.

The Secretarial Audit Report in the prescribed Form No. MR-3 for
the Financial Year 2025-26 is annexed herewith as Annexure - 3
to this Report.

Further, the Company has submitted its Secretarial Compliance
Report for the year ended March 31, 2026 to the Stock Exchanges
in compliance with Regulation 24A of the SEBI (LODR)
Regulations, 2015, confirming adherence to applicable SEBI
regulations, circulars, and guidelines.

SUBSIDIARIES

As on March 31, 2026, the Company has the following wholly
owned subsidiaries:

1) Gennext Insurance Brokers Private Limited;

2) Prutech Financial Services Private Limited;

The Company does not have any associate company or joint
venture as defined under the Companies Act, 2013.

In compliance with Regulation 16(c) of the SEBI (LODR)
Regulations, the Company has adopted a Policy on Determining
Material Subsidiary, which is also available on the Company’s
website. Based on the audited financial statements for the year
ended March 31, 2026, Gennext Insurance Brokers Private Limited
(GIBPL) qualifies as a material subsidiary of the Company.
Policy on Material Subsidiary is uploaded on the website at
https://www.prudentcorporate.com/investorrelation/CodesandPolicies.
As per Regulation 24A of SEBI (LODR) Regulations, the Secretarial
Audit Report of GIBPL is annexed as Annexure - 4.

To comply with the provisions of Section 129 of the Act, a separate
statement containing salient features of Financial Statements of
Subsidiaries of your Company (including their performance and
financial position) in prescribed Form AOC-1 is annexed herewith

as Annexure - 5. Further, contribution of subsidiary to the overall
performance of your Company is provided in Note No. 39 of the
Consolidated Financial Statements.

Financial Statements of the above-mentioned subsidiary
companies are kept open for inspection by the Members at the
Registered Office of your Company on all days except Saturday,
Sunday and Public Holidays up to the date of AGM between
11:00 A.M. to 5:00 P.M. as required under Section 136 of the Act.
Any Member desirous of obtaining a copy of the said Financial
Statements may write to the Company at its Registered Office
or Corporate Office. The Financial Statements including the
Consolidated Financial Statements and all other documents
required to be attached with this Report have been uploaded on
website of the Company at

https://www.prudentcorporate.com/investorrelation/CodesandPolicies.

DISCLOSURE UNDER SEXUAL HARASSMENT OF WOMEN AT
WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL)
ACT, 2013

The Company has place a Policy for Prohibition, Prevention &
Redressal of Sexual Harassment at the Workplace in compliance
with the provisions of the Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act, 2013
(POSH Act). In accordance with the Act, the Company has
constituted an Internal Complaints Committee (ICC) to address
and redress complaints of sexual harassment across all its
workplaces.

Details of complaints received and resolved during the year
under review are as under:

a) number of complaints pending as on beginning of FY2026:
Nil

b) number of complaints of sexual harassment received in
FY2026: Nil

c) number of complaints disposed off during FY2026: NA

d) number of cases pending for more than ninety days: NA

MATERNITY BENEFIT

The company is in compliance with respect to the provisions
relating to the Maternity Benefit Act, 1961.

VIGIL MECHANISM / WHISTLE-BLOWER POLICY

Pursuant to the provisions of Section 177 of the Companies
Act, 2013 and Regulation 22 of the SEBI (LODR) Regulations,
the Company has adopted a Vigil Mechanism / Whistle Blower
Policy and same is uploaded on the website of the Company at
https://www.prudentcorporate.com/investorrelation/CodesandPolicies.
The policy provides a platform for Directors and employees

to report concerns about unethical behaviour, actual or
suspected fraud, or violation of the Company’s code of conduct.
The mechanism also ensures adequate safeguards against
victimization of individuals who avail the mechanism.

Details of the Vigil Mechanism are also provided in the Corporate
Governance Report, which forms part of this Annual Report.

RISK MANAGEMENT

The Risk Management Committee of the Board of Directors inter-
alia monitors and reviews the risk management plan and such
other functions as assigned from time to time.

Your Company has a robust Risk Management Policy, under
which it manages Risk Management Framework, identifies
and evaluates business risks and opportunities. The Company
recognize that these risks need to be managed and mitigated
to protect the interest of the stakeholders and to achieve
business objectives. The risk management framework is aimed
at effectively mitigating the Company’s various business and
operational risks, through strategic actions. The Company has
a strong Cyber Risk Management framework wherein cyber
risk and mitigation controls are monitored by Technology
Committee and Risk Management Committee of the Company.
The Company has developed its digital infrastructure to enhance
the Clients’ and Channel Partners’ interface with the Company.
The Company maintains robust cyber security posture to protect
the confidentiality and integrity of data.

The Board affirms that there are no risks which, in its opinion,
threaten the existence of the Company.

INTERNAL FINANCIAL CONTROLS

The Company has in place adequate internal financial controls
commensurate with the size and nature of its operations. These
controls are designed to ensure the orderly and efficient conduct
of business, accuracy of financial records, and compliance with
applicable laws and regulations.

During the year under review, the Internal Auditors assessed
the design and operating effectiveness of key controls, and no
material weaknesses were reported. The Statutory Auditors have
also confirmed that the internal financial control system over
financial reporting is adequate and operating effectively.

DIRECTORS’ RESPONSIBILITY STATEMENT

In compliance with Section 134(3)(c) and 134(5) of the Companies
Act, 2013, the directors of Company affirm the following in
relation to the fiscal year just concluded:

(a) in the preparation of the annual accounts for the financial
year ended 31^st March, 2026, the applicable accounting
standards have been followed and there are no material
departures from the same;

(b) they have selected such accounting policies and applied
them consistently and made judgments and estimates that
are reasonable and prudent so as to give a true and fair view
of the state of affairs of the Company as at 31^st March, 2026
and of the profit and loss of the Company for the financial
year ended 31^st March, 2026;

(c) they have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance
with the provisions of the Companies Act, 2013 for
safeguarding the assets of the Company and for preventing
and detecting fraud and other irregularities;

(d) they have prepared annual accounts on a going concern
basis;

(e) they have laid down internal financial controls to be
followed by the Company and that such internal financial
controls are adequate and operating effectively; and

(f) they have devised proper systems to ensure compliance
with the provisions of all applicable laws and that such
systems are adequate and operating effectively.

These confirmations reflect the directors’ commitment
to high standards of governance and integrity in the
management of the Company’s affairs.

Management Discussion & Analysis Report

In accordance with Regulation 34 of the SEBI (LODR) Regulations,
2015 the Management Discussion and Analysis Report for the
year under review is presented in a dedicated section of this
report. This analysis is integral to understanding the context of
our financial results and the strategic initiatives undertaken by
the Company during FY2025-26.

Business Responsibility and Sustainability Report (BRSR)

Pursuant to Regulation 34(2)(f) of the SEBI (LODR) Regulations,
2015 the Business Responsibility and Sustainability Report
(BRSR) detailing the initiatives undertaken by the Company
included as a part of this Annual Report. Consistent with the
mandates of the SEBI (LODR) Regulations, 2015 this report is
also available on the Company’s website for broader access.
Stakeholders interested in understanding our commitment to
sustainable business practices and corporate responsibility
can view the BRSR at https://www.prudentcorporate.com/
investorrelation. This accessibility ensures transparency and
provides insights into how our operations align with broader
environmental and social goals.

Corporate Governance Report

The equity shares of the Company are listed on BSE Limited and
the National Stock Exchange of India Limited with effect from
May 20, 2022.

Prudent Corporate Advisory Services Limited remains committed
to upholding the highest standards of corporate governance, as
laid down under the Securities and Exchange Board of India
(SEBI) regulations and the Companies Act, 2013. The Company
recognizes that good governance is a key driver of sustainable
growth and is fundamental to enhancing stakeholder value.
Our governance practices are founded on the principles of
transparency, accountability, integrity, and ethical conduct.

In compliance with Regulation 34 read with Schedule V of
the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, a detailed Report on Corporate Governance
forms an integral part of this Annual Report. The report outlines
the Company’s governance framework, disclosures, and
practices that reflect our continued commitment to comply with
the requirements prescribed by SEBI.

Further, a certificate from M/s. M.C. Gupta & Co., Practicing
Company Secretaries, Ahmedabad, confirming compliance with
the conditions of corporate governance as stipulated under the
SEBI (LODR) Regulations, 2015, has been obtained. The said
certificate is annexed to the Corporate Governance Report and
forms part of this Annual Report.

Listing

The Equity Shares of the Company are listed on the National
Stock Exchange of India Limited (NSE) and BSE Limited (BSE),
both of which provide nationwide trading terminals. The
Company has duly paid the annual listing fees for the Financial
Year 2026-27 to both NSE and BSE.

ANNUAL RETURN

Pursuant to the provisions of Section 92(3) and Section 134(3)(a)
of the Companies Act, 2013, read with Rule 12 of the Companies
(Management and Administration) Rules, 2014, the Annual
Return of the Company in Form MGT-7 for the financial year
ended March 31, 2026, is available on the Company’s website at
https://www.prudentcorporate.com/investorrelation.

This disclosure reaffirms the Company’s commitment to
maintaining transparency and facilitating easy access to
statutory information for all stakeholders.

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

The information on conservation of energy, technology
absorption and foreign exchange earnings and outgo as
stipulated under Section 134(3)(m) read with Rule 8 of the
Companies (Accounts) Rules, 2014 are given below:

A. Conservation of Energy

Your company, along with its subsidiaries, primarily offers
financial services a sector not traditionally associated with

high energy consumption. Despite this, we continuously
explore avenues to reduce our operational carbon footprint,
although the direct impact remains minimal due to the
nature of our business activities. The Company evaluates
the possibilities and various alternatives to reduce energy
consumption and use of low energy consuming LED
lightings is being encouraged. The Company recognizes
the importance of energy conservation in decreasing the
adverse effects of global warming and climate change. The
Company carries on its activities in an environment friendly
and energy efficient manner.

B. Technology absorption

The Company believes in leveraging technology to transform
every dimension of its business. Investments in technology
infrastructure is an important element of Company’s
commitment to delivering seamless customer experience.
Further, steps taken towards Energy Conservation are the
result of technology absorption.

C. Foreign exchange earnings and Outgo

The details of foreign exchange earnings and outgo during
the financial year under review are as follows:

During the financial year 2025-26, the Company earned foreign
exchange of k 28.58 lakhs and incurred an expenditure of k 17.15
lakhs in foreign currency. In comparison, during the previous
financial year 2024-25, the Company earned foreign exchange
of k 69.19 lakhs and incurred foreign currency expenditure of k
12.59 lakhs

GENERAL

Your directors confirm that no disclosure or reporting is required
in respect of the following items as there was no transaction on
these items during the year under review:

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

2. No application made or any proceeding pending under
Insolvency and Bankruptcy Code, 2016 as at the end of the
Financial Year 2025-26.

3. During the year under review, the Company has neither
entered into any one-time settlement with any bank
or financial institution nor obtained any valuation in
connection therewith.

4. During the year, the Company is not required to avail credit
rating(s) of Securities.

The Company has complied with applicable Secretarial
Standards issued by the Institute of Company Secretaries of
India (ICSI).

Material Changes

No material changes or commitments have occurred between
the end of the financial year and the date of this report which
would affect the financial position of the Company.

LOANS TAKEN FROM DIRECTORS OF THE COMPANY

During the year under review, the Company has not availed any
loan from the directors of the company.

IMPLEMENTATION OF CORPORATE ACTION

The Company has not failed to implement any Corporate Actions
within the prescribed timelines during the financial year.

INVESTOR EDUCATION AND PROTECTION FUND (“IEPF”)

(A) Transfer of Unclaimed/Unpaid Dividend

Pursuant to the provisions of Section 124 of the Companies Act,
2013 (“the Act”) read with Investor Education and Protection
Fund Authority (Accounting, Audit, Transfer and Refund) Rules,
2016 (“IEPF Rules”), and relevant circulars and amendments
thereto, the amount of dividend remaining unpaid or unclaimed
for a period of seven years from the due date is required to
be transferred to the Investor Education and Protection Fund
(“IEPF”), constituted by the Central Government.

There were no amounts which were required to be transferred
to the Investor Education and Protection Fund by the Company.

(B) Transfer of Shares

Pursuant to the provisions of IEPF Rules, all equity shares in
respect of which dividend has not been paid or claimed for last
seven consecutive years shall be transferred by the Company
to the designated Demat Account of the IEPF Authority (“IEPF
Account”) within a period of thirty days of such shares becoming
due to be transferred.

There were no shares which were required to be transferred to
the Investor Education and Protection Fund by the Company.

(C) Details of Nodal Officer