The Directors present the 36^th Integrated Annual Report ('Report') of Alankit Limited (the
'Company') along with audited financial statements for the financial year ended March 31, 2025.
The Company, along with its subsidiaries wherever required, is referred to as 'Alankit Limited'. The
consolidated performance of the Company and its subsidiaries has been referred to wherever
required.

THE STANDALONE AND CONSOLIDATED FINANCIAL HIGHLIGHTS

In compliance with the relevant applicable IND AS and Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 and provisions of the Companies Act, 2013, the
Audited Standalone and Consolidated Financial Statements of the Company as on 31st March, 2025
have been duly prepared.

The following are the key highlights of the Company's Financial Performance for the Financial Year
ended March 31^st 2025, as compared to the Previous Financial Year:

(Rs. in Lakhs)

REVIEW OF OPERATIONS

Due to the continuous efforts made by the Company, the Company has been able to conduct its
operations with agility and resilience and managed to earn a remarkable profit for the year under
review.

However, the Company's Net Sales/Income from Operation has decreased by 16.38% as per
standalone financials, whereas there is an increase of 27.73% in sales as per consolidated financials.
The Directors are making continuous efforts to increase Profitability of the Company.

Some of the highlights of the operations for the year are:

CONSOLIDATED

During the year, consolidated revenue was Rs. 30105.64 lakhs as compared to Rs. 23570.45 lakhs
in previous year. The Profit after Tax for the year stood at Rs. 2167.20 lakhs as against the previous
year's Rs. 2198.03 lakhs.

STANDALONE

During the year, your Company recorded total revenue of Rs. 10589.16 lakhs as compared to Rs.
12663.97 lakhs in previous year. The Profit after tax fo r the year stood at Rs. 1163.76 lakhs as
against previous year's Rs. 1547.28 lakhs.

Further the company is continuously directing its efforts to achieve better financial and operational
results.

DIVIDEND

Considering the need to conserve resources for meeting future expansion plans which will
contribute to long-term shareholder's value, your Board has not recommended any dividend for the
Financial Year 2024-25.

TRANSFER TO RESERVES

The Board of Directors has decided to retain the entire amount of profit for Financial Year 2024-25
in the distributable retained earnings, hence there was no amount transferred to any of the reserves
by the Company during the year under review.

PUBLIC DEPOSITS

The Company has not accepted/ hold/ any deposits from public within the ambit of Section 73 of
the Companies Act 2013 and the Companies (Acceptance of Deposits) Rules2014 during the year
under review. Hence the requirement for furnishing the details relating to deposits covered under
Chapter V of the Act is not applicable.

SHARE CAPITAL

The Authorized Share Capital of the Company as on 31^st March, 2025, is Rs. 40,00,00,000 comprising
of 40,00,00,000 Equity Shares of Re 1 each.

The Paid-up Share Capital of the Company as on 31^st March, 2025, is Rs. 27,11,58,100 comprising of
27,11,58,100 Equity Shares of Re 1 each.

Further the Company has not issued shares with differential voting rights. It has neither issued
employee stock options nor sweat equity shares and does not have any scheme to fund its
employees to purchase the shares of the Company. As on 31^st March, 2025, none of the Directors of
the Company hold instruments convertible into Equity Shares of the Company.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

The Management Discussion and Analysis Report for the year under review, as stipulated under
Regulation 34(2) of SEBI LODR Regulations, is appended to the Annual Report, and gives details of
the industry structure, developments, opportunities, threats, performance and state of affairs of the
Company's business, internal controls and their adequacy, risk management systems and other
material developments during the Financial Year 2024-25, and is annexed as Annexure 5.1.

LISTING WITH STOCK EXCHANGES

Equity Shares of the Company are listed on Bombay Stock Exchange (BSE) and National Stock
Exchange of India Limited (NSE). The Company is regular in paying Annual Listing Fees to both the
stock exchanges.

EVALUATION OF PERFORMANCE OF BOARD OF DIRECTORS

The evaluation process of the Board of Directors, Independent Directors, Committees and Board as
a whole has been completed in accordance with the Director Evaluation Policy adopted by the
Company which has been drafted as per the provisions of the Compani es Act, 2013 and SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.

The Board evaluation process comprised of both assessment and review. The analysis has been
done on the basis of functioning of the Board and its committees, the time spent by the Board
considering matters and whether the terms of reference of the Board committees have been met
besides compliance of the provisions of the Act.

During the evaluation process the Chairman of the Board had one-on-one meetings with the other
Independent Director and the Chairman of NRC had one-on-one meetings with the Executive and
Non-Executive, Non-Independent Directors. These meetings were intended to obtain Directors'
inputs on effectiveness of the Board/Committee processes.

The Board and the NRC reviewed the performance of individual directors on the basis of criteria
such as qualifications, experience, knowledge and competency, fulfilment of functions,
initiativeness, attendance, the contribution of the individual director to the board and committee
meetings like preparedness on the issues to be discussed, meaningful and constructive contribution
and inputs in meetings, etc. In a separate meeting of independent directors, performance of Non
Independent Directors and the Board as a whole was evaluated. Additionally, they also evaluated
the Chairman of the Board, taking into account the views of Executive and Non-Executive Directors
in the aforesaid meeting. The above evaluations were then discussed in the Board meeting and
performance evaluation of Independent Directors was done by the entire Board, excluding the
Independent Director being evaluated.

DIRECTORS’ RESPONSIBILITY STATEMENT

Based on the framework of Internal Financial controls established and maintained by the Company,
work performed by the Internal, Statutory, Secretarial Auditors and external agencies including
audit of internal financial controls over financial reporting by the statutory auditors and the reviews
undertaken by the Management and the relevant Board Committees, including the Audit Committee,
the Board is of the opinion that the Company's internal financial controls were adequate and
effective during the Financial Y ear 2024-25.

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

a) in the preparation of annual accounts for the Financial Year ended 31^st March, 2025, the
applicable accounting standards have been followed and there were no material departures
requiring any explanation;

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 at the end of the Financial Year and of the profit of the
Company for that period;

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

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 such
internal financial controls are adequate and are 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.

CORPORATE SOCIAL RESPONSIBILITY

In accordance with the requirements of Section 135 of the Act, read with the Companies (Corporate
Social Responsibility Policy) Rules, 2014, as amended, the Company has a Corporate Social
Responsibility ('CSR') Committee in place. During the financial year the policy related to Corporate
Social Responsibility has been revised and same has been approved by the Board, which is in line
with the Listing Regulations and the same is hosted on the website of the Company. The Annual
Report on CSR activities/initiatives which includes the contents of the CSR Policy, composition of
the Committee and other particulars as specified in Section 135 of the Act, read with the Companies
(Corporate Social Responsibility Policy) Rules, 2014, as amended, are disclosed in Annexure 5.2 to
this Report.

CORPORATE GOVERNANCE

In compliance with Corporate Governance requirements as per the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, your Company has implemented a Code of Business
Conduct and Ethics for all Board members and senior management personnel of the Company, who
have affirmed the compliance thereto.

Further in compliance with Regulation 34 of the Listing Regulations, a separate report on Corporate
Governance for the year under review, along with the Certificate from the Auditors confirming
compliance with the conditions of Corporate Governance, is annexed as Annexure 5.3, forming part
of this Report.

We ensure that we evolve and follow the corporate governance guidelines and best practices
diligently, not just to boost long term shareholder value but also to respect the rights of minority.
We consider it our inherent responsibility to disclose timely and accurate information regarding the
operations and performance, leadership and governance of the company.

MD & CFO CERTIFICATION

The Managing Director & Chief Financial Officer both have duly given a certificate to the Board as
contemplated in Regulation 17(viii) of the listing agreement.

Pursuant to Regulation 33(2)(a) the MD & CFO are required to sign the Certificate of the Company
certifying that the financial results do not contain any false or misleading statement or figures and
do not omit any material fact, which may make the statements or figures contained therein
misleading. The MD & CFO have given the Certificate to fulfill the SEBI (Listing Obligations &
Disclosure Requirements) Regulations 2015 requirement is annexed as Annexure 5.4, forming
part of this Report.

SUBSIDIARIES. ASSOCIATES AND JOINT VENTURE

The Audited Annual Consolidated Financial Statements forming part of the Annual Report have
been prepared in accordance with the Companies Act, 2013 ('the Act'), Indian Accounting Standards
(Ind AS) 110 - 'Consolidated Financial Statements' and Indian Accounting Standards (Ind AS) 28 -
'Investments in Associates and Joint Ventures', notified under Section 133 of the Act, read with the
Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time.

As on 31^st March, 2025, Company has the following Subsidiaries:

Note: *During the year under review “Verasys Private Limited", which was earlier a private Company,
converted in to a public Company with effect from 07^th day of October, 2024.

** ''Alankit ID Consulting Private Limited", incorporated on 30^th day of December, 2024 has become, Wholly
Owned Subsidiary of Alankit Limited, during the year under review.

A statement containing the salient features of the Financial Statements of Subsidiary Companies in
prescribed Format AOC-1 is annexed herewith in Annexure 5.5 to this Report. The said statement
covers a report on the highlights of the performance of each of the Company's subsidiaries and their
contribution to the overall performance of the Company for the Financial Year ended 31^st March,
2025, pursuant to the provisions of Section 134(3) of the Act, read with Rule 8 of the Companies
(Accounts) Rules, 2014,

In accordance with Section 136 of the Act, the Audited Financial Statements, including the
Consolidated Financial Statements and related information of the Company, and Audited Accounts
of each of its subsidiaries are available on the website of the Company, www.alankit.in.

MATERIAL SUBSIDIARY

As on 31^st March, 2025, Alankit Imaginations Limited, Verasys Limited and Alankit Forex India
Limited are material subsidiaries of the Company as per provisions of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015. Company has the policy related to determining
material subsidiary and the same is hosted on the website of the Company. The said Policy is
available at the Company's website and can be accessed at:
https://www.alankit.in/policiespage.aspx

Secretarial Audit Reports of material subsidiaries, as required under Regulation 24A of SEBI (Listing
Obligations and Disclosure on the operations of the Company Requirements) Regulations, 2015 are
given in Annexure 5.6 to this Report.

INTERNAL FINANCIAL CONTROLS AND THEIR ADEQUACY

The Company has a well-established internal financial controls framework, which is designed to
continuously assess the adequacy, effectiveness and efficiency of internal financial controls. The
management is committed to ensuring an effective internal financial controls environment,
commensurate with the size and complexity of the business, which provides an assurance regarding
the reliability of financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles.

During the Financial year, no material or serious observations were received from the Internal
Auditors of the Company for inefficiency or inadequacy of such controls.

MATERIAL CHANGES AND COMMITMENT AFFECTING THE FINANCIAL POSITION OF THE
COMPANY

The company received demand notices amounting to Rs.16470.46 Lakhs under section 156 of the
Income Tax Act, 1961 with respect to assessment years 2011-12 to 2020-21. The company has filed
an appeal with the appropriate authorities against the said tax demand. As per the legal opinion
obtained by the company the said demand is not tenable.

Apart from the above, there have been no material changes and commitments, affecting the financial
position of the Company which has occurred between the end of the financial year of the Company
to which the financial statements relate and the date of this Report other than as mentioned in the
'Operations' section of this Directors' Report.

Further, there has been no change in the nature of business.

DECLARATION AND STATEMENT ON COMPLIANCE OF CODE OF CONDUCT BY INDEPENDENT
DIRECTORS

The Company has received declarations from the Independent Directors confirming that they meet
the criteria of independence as prescribed under Section 149(6) of the Act and under SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. In the opinion of the Board, the
Independent Directors fulfil the conditions specified under the Companies Act, 2013 and SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 and are independent of the
management.

Further, in terms of Rule 8(5)(iiia) of the Companies (Accounts) Rules, 2014, as amended, the Board
of Directors states that in the opinion of the Board, Mr. Ashok Kumar Sinha and Ms. Meenu Agrawal,
have been appointed as Independent Director for 5 years, w.e.f. 23^rd May, 2024 and 3^rd July, 2024
respectively, they both possess relevant expertise and experience.

BOARD MEETINGS

During the Financial Year 2024-25, Five (5) Board Meetings were held, the details of which are given
in the Corporate Governance Report, forming part of this Report.

Further the intervening gap between two Board meetings did not exceed the time limit prescribed
in the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements), Regulations, 2015.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

The composition of the Board of Directors is in accordance with the provisions of Section 149 of the
Companies Act, 2013 and Regulation 17 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, with an optimum combination of Executive Director, Non¬
Executive Non-Independent Directors, Independent Directors and Women Directors.

During the Financial Year 2024-25, following changes have been occurred in the composition of
Board of Directors and Key Managerial Personnel:

Ý Mr. Ashok Shantilal Bhuta (DIN: 05336015) has retired as an Independent Director of the
Company on completion of his second term as an Independent Director on 25^th May, 2024,

Ý Mr. Yash Jeet Basrar (DIN: 00112857) has retired as an Independent Director of the
Company on completion of his second term as an Independent Director on 3^rd July, 2024,

Ý Mr. Ashok Kumar Sinha (DIN:08812305) has been appointed as an independent director of
the company with effect from 23^rd May, 2024,

Ý Ms. Meenu Agrawal (DIN:10679504) has been appointed as an independent director of the
company with effect from 3^rd July, 2024,

Ý Ms. Manisha Sharma (M.No. A58430) has resigned as the Company Secretary of the Company,
with effect from 26^th day of August, 2024

Ý Ms. Sakshi Thapar (M.No. F10156) has been appointed as the Company Secretary and
Compliance Officer of the Company, with effect from 25^st day of October, 2024.

STATUTORY AUDITORS

M/s. Kanodia Sanyal & Associates, Chartered Accountants, (having FRN: 08396N), New Delhi,
were re-appointed as the Statutory Auditors at the 34^th Annual General Meeting of the Company
held on 26^th September, 2023 for a period of five years i.e. until the conclusion of 39^th Annual
General Meeting of the Company for the Financial Year ended 31^st March, 2028, on a remuneration
as mutually agreed between the board and Statutory Auditors.

Pursuant to Section 139 and 141 of the Act and relevant Rules prescribed thereunder, the S tatutory
Auditors have confirmed that they are not disqualified from continuing as Auditors of the Company.

The Auditors have also confirmed that they have subjected themselves to the peer review process
of Institute of Chartered Accountants of India (ICAI) and hold a valid certificate issued by the Peer
Review Board of the ICAI.

The Notes on financial statement referred to in the Auditor's Report are self-explanatory and do not
call for any further comments. The Statutory Auditors have submitted an unmodified opinion on the
audit of financial statements for the Financial Year 2024-25 and there is no qualification, adverse
remark or disclaimer given by the Auditors in their Report.

During the year under review, the Auditors had not reported any matter under Section 143(12) of
the Act, therefore, no detail is required to be disclosed under Section 134(3)(ca) of the Act.

SECRETARIAL AUDITORS

In terms of Section 204 of the Act and Rules framed thereunder, N. C. Khanna, Practicing Company
Secretary, was appointed to conduct the Secretarial Audit of the Company for the Financial Year
2024-25. The report of the Secretarial Auditor in Form MR-3 is annexed as Annexure 6 to this
Report. The Secretarial Audit Report is self-explanatory and does not contain any qualification,
reservation or adverse remark. The Company complies with all applicable secretarial standards.

Further, in term of Regulation 24A of SEBI Listing Regulations as amended, every listed company
has been mandated to appoint Secretarial Auditor for a fixed term of five years, with the approval
of members in the Annual General Meeting. Accordingly, the Audit Committee and the Board have
recommended the appointment of N. C. Khanna, Practicing Company Secretary, as Secretarial
Auditors of the Company for a term of five consecutive year i.e. from FY 2025-26 to FY 2029-30,
subject to approval of the members in the ensuing Annual General Meeting in compliance of
Regulation 24A of SEBI Listing Regulations. N. C. Khanna, Practicing Company Secretary has
confirmed their eligibility, independence and willingness for appointment as Secretarial Auditors
of the Company and have also confirmed that they are not disqualified for such appointment under
applicable laws and Auditing Standards issued by the Institute of Company Secretaries of India.

During the year under review, neither the Statutory Auditors nor the Secretarial Auditors have
reported to the audit committee, under section 143(12) of the Companies Act, 2013 any instances
of fraud committed against the Company by its officers or employees.

STATE OF COMPANY’S AFFAIRS

Alankit Limited, the flagship company of the Alankit Group, is a prominent leader in India's
Financial and e-Governance services landscape. Listed on both the National Stock Exchange
(NSE) and the Bombay Stock Exchange (BSE), the Company operates through a strong
foundation built at its Delhi headquarters, supported by a widespread PAN India presence and
a highly skilled professional team .

With a vast network comprising 25 Regional Offices and over 10,000 business locations across
673 cities, Alankit efficiently delivers e-Governance services to millions of citizens. The
Company proudly serves a retail customer base exceeding 100 million and continues to chart a
steady growth trajectory by introducing new business verticals every year, thereby reinforcing
its long-term expansion strategy .

Backed by more than three decades of industry experience, Alankit has consistently
collaborated with various government departments to enhance transparency and streamline
service delivery. Its evolution into a sector leader is underpinned by strong infrastructure,
technological advancement, and a capable workforce focused on meeting the ever-changing
needs of citizens and institutions alike.

CONSERVATION OF ENERGY. RESEARCH AND DEVELOPME NT. TECHNOLOGY ABSORPTION
AND FOREIGN EXCHANGE EARNINGS AND OUTGO

A. Conservation of Energy

Since the Company does not own any manufacturing facility and the Company is engaged in
providing e-governance services and e-governance products and such operations do not
account for substantial Electricity, Gas & Steam, Power, Water or any other kind of energy
consumption. However, the company is taking all possible measures to conserve the energy.

However, the requirements pertaining to disclosure of particulars relating to conservation of
energy is not applicable on the Company but being the responsible corporate citizen, your
company is continuously looking for new ways of conservation of energy and wastes
minimization for the protection of environment. The eco-friendly initiatives adopted by your
company are:

Ý Installation of LED lights in all the offices nationwide.

Ý Implementing energy conservation schemes.

Ý Awareness programs for employees at all levels and for community.

Ý Promoting the use of alternative fuels and materials.

B. Technology Absorption and Research & Development

Since the Company is not involved in manufacturing activity, hence the research & development
and technology absorption is not applicable.

C. Foreign Exchange Earnings and Outgo

PARTICULARS OF EMPLOYEES

None of the employees of the Company is in receipt of remuneration exceeding the limits prescribed
under Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014.

Further the Company has been in compliance of Section 197 of the Companies Act, 2013 with
respect to the payment of remuneration to its Key Managerial Personnel.

Further The Statement of Disclosure of Remuneration under Section 197 of the Companies Act,
2013 and Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules, 2014 (“Rules”), is appended as annexure 5.7 to this report.

COMPOSITION OF VARIOUS COMMITTEES OF THE BOARD

Pursuant to the change in directorship of the Company following committees have been
reconstituted during the year under review:

Ý AUDIT COMMITTEE

Ý NOMINATION AND REMUNERATION COMMITTEE
STAKEHOLDER RELATIONSHIP COMMITTEE
MANAGEMENT COMMITTEE

Ý CORPORATE SOCIAL RESPONSIBILITY COMMITTEE
RISK MANAGEMENT COMMITTEE

Ý AUDIT COMMITTEE

The Company has a well-qualified Audit Committee, the composition of which is in line with the
requirements of Section 177 of the Companies Act, 2013 read with SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.

As on 31^st March, 2025, the composition of the Audit Committee is as follows:

The Company has duly constituted Nomination and Remuneration Committee as per the
requirements prescribed under the provisions of Section 178 of the Companies Act, 2013 and
Regulation 19 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As on 31^st March, 2025, the composition of the Nomination And Remuneration Committee is as
follows:

Ý STAKEHOLDER RELATIONSHIP COMMITTEE

The Company has duly constituted Stakeholder Relationship Committee as per the
requirements prescribed under Regulation 20 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.

As on 31^st March, 2025, the composition of the Stakeholder Relationship Committee is provided
as below:

Ý MANAGEMENT COMMITTEE

As on 31^st March, 2025, the composition of the Management Committee is provided as below:

Ý CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

As on the date of this report, the composition of the Corporate Social Responsibility Committee
is done as per Section 135 of the Company Act, 2013, which is provided as below:

As on the date of this report, the composition of the Risk Management Committee is provided as
below:

RELATED PARTY TRANSACTIONS

During the financial year the policy on materiality of related party transactions and dealing with
related party transactions, has been revised and same has been approved by the Board, which is in
line with the Listing Regulations and the same is hosted on the website of the Company. For Related
Party Transactions, please refer note no. 35 of Financial Statements of the Company for the financial
year 2024-25. The information on transactions with related parties pursuant to Section 134(3) (h)
of the Act read with Rule 8(2) of the Companies (Accounts) Rules, 2014 is given in Form No. AOC-2,
which is annexed as Annexure 5.8 of this report.

The above Policy is available at the Company's website and can be accessed at:
https://www.alankit.in/policiespage.aspx

PARTICULARS OF LOANS. GUARANTEE OR INVESTMENTS

Pursuant to Section 186 of the Act read with the Companies (Meetings of the Board and its Powers)
Rules, 2014, disclosures relating to loans, advances and investments as on 31^st March 2025 are given
in the Notes to the Financial Statements in Note No. 6.

COMPLIANCE WITH SECRETARIAL STANDARDS

The Company hereby affirms that during the year under review, the Company has complied with all
the applicable Secretarial standards, issued by the Institute of Company Secretaries of India.

VIGIL MECHANISM/WHISTLE BLOWER POLICY

The Company has adopted Whistle Blower Policy and established a Vigil Mechanism in compliance
with provisions of the Act and the Listing Regulations for the Directors and employees to report
genuine concerns about unethical behavior, actual or suspected fraud or violation of the Codes of
Conduct or policy. The mechanism provides for adequate safeguards against victimization of
Directors and employees to avail of the mechanism and also provide for direct access to the
Chairman of the Audit Committee in exceptional cases. The said Policy is available at the Company's
website and can be accessed at:
https://www.alankit.in/policiespage.aspx

NOMINATION. REMUNERATION AND BOARD DIVERSITY POLICY

During the financial year the policy related to Nomination and Remuneration has been revised as
recommended by Nomination and Remuneration Committee in terms of the provisions of Section
178 of the Act and Regulation 19 of the Listing Regulations, read with Part D of Schedule II thereto

and same has been approved by the Board, which is in line with the Listing Regulations and the
same is hosted on the website of the Company. The Board has adopted a Nomination and
Remuneration Policy. The Policy governs the criteria to pay equitable remuneration to the
Directors, Key Managerial Personnel (KMP), senior management (as defined below) and other
employees of the Company and to harmonies the aspirations of human resources with the goals of
the Company.

The Policy aims to act as a guide to the Board in relation to appointment and removal of Directors,
Key Managerial Personnel and Senior Management, ensuring that the level and composition of
remuneration is reasonable and sufficient to attract, retain and motivate, to run the company
successfully, ensuring that relationship of remuneration to performance is clear and meets the
performance benchmarks and ensuring that remuneration involves a balance between fixed and
incentive pay reflecting short and long term performance objectives appropriate to the working of
the company and its goals.

The Nomination and Remuneration Policy is available at the Company's website and can be accessed
at: https://www.alankit.in/policiespage.aspx.

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

Your Company treats its employees equally, with dignity and with no gender bias. Your Company
believes and ensures that all employees work in an environment that is free from all kinds of
harassments including sexual harassment of women, this is enshrined in values and in the Code of
Ethics & Conduct of the Company.

Further your Company has zero-tolerance for Sexual Harassment of Women at the workplace in
accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention,
Prohibition & Redressal) Act, 2013 and Rules made thereunder. Your Company has constituted an
Internal Complaints Committee (ICC), to inquire into the complaints of Sexual Harassment and to
recommend appropriate action.

The following is a summary of sexual harassment complaints received and disposed of during the
financial year 2024-25:

No. of Complaints received: Nil
No. of Complaints disposed of: Nil

REPORTING OF FRAUDS

There was no instance of fraud during the year under review, which required the Statutory
Auditors/ Secretarial Auditors to report to the Audit Committee and/or Board under Section
143(12) of Act and Rules framed there under.

RISK MANAGEMENT

The Company has a robust risk management framework to identify, measure, manage and mitigate
business risks and opportunities. This framework seeks to create transparency, minimize adverse
impact on the business strategy and enhance the Company's competitive advantage.

The Board of Directors of the Company has formed a Risk Management Committee to frame,
implement and monitor the risk management plan for the Company. The Committee is responsible
for monitoring and reviewing the risk management plan and ensuring its effectiveness. The risk
management framework is reviewed periodically by the Board, Audit Committee and Risk
Management Committee.

TRANSFER TO THE INVESTOR EDUCATION AND PROTECTION FUND

In terms of the provisions of Section 124 of the Companies Act, 2013 ('Act'), read together with the
Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules,
2016 and amendments thereof ('IEPF Rules'), the Company has transferred Rs. 3,09,240, (Rupees
Three Lakhs Nine Thousand Two Hundred and Forty Only) to the IEPF, during the Financial Year
2024-25, being unpaid/unclaimed dividend amounts relating to the Financial Year Financial Year
2016-17 (Final) and 2017-18 (Interim).

Pursuant to the provisions of the IEPF Rules, the Company has uploaded the details of unpaid and
unclaimed amounts lying with the Company as on 31^st March, 2025 (as on the date of closure of
previous financial year) on the website of the Company (https://www.alankit.in/unpaid-dividend-
list.aspx).

Dividend History for the last 7 years is as under:

It is to be noted that since no dividend has been declared for the Financial Year 2022-23, 23-24 and
2024-25, hence the Company is not required to make any transfer to IEPF for the Financial Year
2022-23, 2023-24 and 2024-25.

Transfer of Shares to the Demat Account of Investor Education and Protection Fund
Authority

In terms of the provisions of Section 124(6) of the Act, read with the relevant Rules made
thereunder, 35,600 Equity Shares of the Company, in respect of which dividend was unpaid or
unclaimed for the Financial Year 2016-17 (Interim), 2016-17 (Final) and 2017-18 (Interim), has
been transferred to the Demat Account of the IEPF Authority maintained with National Securities
Depository Limited, during the Financial Year 2024-25.

Further, the voting rights in respect of shares transferred to the Demat Account of the IEPF
Authority shall remain frozen, until the rightful owner claims the shares. Members may note that
shares as well as unclaimed dividend transferred to the IEPF Authority can be claimed back.
Concerned shareholders are advised to visit http://www.iepf.gov.in/IEPF/refund.html for lodging
claim for refund of shares or dividend from the IEPF Authority.

ANNUAL RETURN

Pursuant to the amendments to Section 134(3)(a) and Section 92(3) of the Act read with Rule 12 of
the Companies (Management and Administration) Rules, 2014, the Annual Return for the financial
year ended 31^st March, 2025, is available on the website of the company at
https://www.alankit.in/annual-return.aspx.

THE DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME
OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE
BANKS OR FINANCIAL INSTITUTIONS ALONG WITH THE REASONS THEREOF

The above clause is not applicable as the Company has not entered in to any one-time settlement
with the Banks or Financial Institutions and no valuation has been performed by the Company in
this regard.

THE DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE
INSOLVENCY AND BANKRUPTCY C ODE. 2016 DURING THE YEAR ALONGWITH THEIR STATUS
AS AT THE END OF THE FINANCIAL YEAR: -

There is no application pending against the Company proceedings either filed by the Company or
against the Company pending under the Insolvency and Bankruptcy Code 2016 as amended before
the National Company Law Tribunal or other Courts as on 31^st March 2025.

COMPLIANCE UNDER THE MATERNITY BENEFIT ACT. 1961

The Company has complied with all applicable provisions of the Maternity Benefit Act, 1961,
including the Maternity Benefit (Amendment) Act, 2017. The Company is committed to supporting
the health, well-being, and rights of women employees and ensures a conductive work environment
that upholds statutory maternity benefits.

Key measures undertaken by the Company include:

Ý Grant of paid maternity leave as prescribed under the Act.

Ý Provision of medical bonus where applicable.

Ý Nursing breaks during working hours.

Ý Provision of creche facilities (either in-house or through tie-ups, where applicable).

Ý No discrimination or adverse action against women availing maternity leave.

The Company continues to foster a gender-sensitive workplace and adheres to all welfare
provisions as stipulated under the Act.

APPRECIATION

Your Directors take this opportunity to express their grateful appreciation for the continued
support and co-operation received from the company's valued customers and esteemed

shareholders for the support and confidence reposed by them in the management of the Company
and look forward to the continuance of this mutually supportive relationship in future.

Your Directors also place on record their appreciation and gratitude to all the Departments of
Government of India, Central Government, State Government, Tax Authorities, Reserve Bank of
India, Ministry of Corporate Affairs, Financial Institutions, Stock Exchanges, Banks and other
governmental/ Semi governmental bodies and look forward to their continued support in all future
endeavors.

Your Directors also wish to place on record their appreciation for the continued cooperation
received from all the vendors, dealers, investors and business associates for the support provided
by the financial institutions, bankers and stock exchanges.

Your Directors also wish to place on record their sincere appreciation for the diligent efforts, hard
work and commitment put in by all ALANKIT employees.

Inspired by this Vision, driven by Values and powered by internal Vitality, we look forward to
delivering another year of value adding growth.

BY ORDER OF THE BOARD OF DIRECTORS
For ALANKIT LIMITED

Sd/- Sd/-

ASHOK KUMAR SINHA ANKIT AGARWAL

CHAIRMAN MANAGING DIRECTOR

DIN:08812305 DIN:01191951

DATE: 14/08/2025
PLACE: NEW DELHI