We are delighted to present the 43^rd Board's Report and the Audited Financial Statements of the Company
for the financial year ended on March 31, 2026. This report provides a comprehensive overview of the
Company's performance and developments during the year under review. It highlights the key
achievements, challenges faced, and the strategic measures undertaken to ensure sustainable growth and
operational efficiency. The report also covers the core aspects of our business operations, including
financial performance, operational milestones, risk management, internal controls, and governance
practices. Further, it reflects the Company's continued commitment towards creating value for its
stakeholders while maintaining high standards of corporate governance, ethical business conduct, and
contributing positively to the environment and society.

Financial Results:-

Performance:-

The Total Income for the financial year under review is Rs. 48.03 Lakh against Rs. 40.89 Lakh in previous
year. The Net Profit after taxation generated by the company during the year under review was Rs.17.51
Lakh as compared to Rs. 16.32 Lakh during the previous year.

Operation:-

The Company has been continuously focusing on its existing line of business to improve its profitability in
near future.

Dividend:-

Your Company intends to conserve available resources to invest in the growth of the business and pursue
strategic growth opportunities. Accordingly, your Directors do not recommend any dividend for the year.

Transfer to Reserve:-

There has been no transfer to Reserves during the Financial Year 2025-2026.

Public Deposits:-

The Company has not accepted or renewed any amount falling within the purview of provisions of section
73 of the Companies Act, 2013 read with the Companies (Acceptance of Deposit) Rules, 2014 during the
year under review. Hence, the requirement for furnishing of details of deposits is not applicable.

Change in the nature of Business:-

There is no change in the nature of business of the Company during the year under review.

Compliance with the Accounting Standards:-

As mandated by the Ministry of Corporate Affairs, the financial statements for the year ended on March
31, 2026 has been prepared in accordance with the Indian Accounting Standards (IND AS) notified under
Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014.

Directors and Key Management Personnel (KMP):-

As on March 31, 2026, the Board of Directors of your Company comprised of Four (4) Directors one
(1) of whom is the Managing Director & CEO and One (1) is Non-Executive Director. The remaining
Two (2) directors are Non-Executive Independent Directors including Women Director.

The composition of the Board is in consonance with Regulation 17 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended from time to time, and in accordance
with the applicable provisions of Companies Act, 2013.

During the financial year under review, in accordance with the provisions of the Act and the rules made
thereunder, the following changes occurred in the constitution of the Board of Directors and Key
Managerial Personnel (KMPs) of the Company:

Mrs. Ruchi Gupta (DIN: 07283515), Independent Woman Director of the Company, completed her
second and final term as Independent Director on 31^st August 2025. Consequently, she ceased to be a
Director of the Company with effect from the close of business hours on 31^st August 2025.

Mrs. Heena Banga Sharma (DIN: 10193235), Non-Executive Independent Director, tendered her
resignation vide letter dated 12 ^th September 2025, due to other professional commitments. We confirm
that there is no other material reason for her resignation other than the one stated in her resignation
letter. The Board of Directors considered and approved her resignation from the position of Non¬
Executive Independent Director with effect from 30^th September 2025 (after business hours). The
Board places on record its sincere gratitude for the valuable services rendered by her during her
tenure as a Non-Executive Independent Director of the Company.

Mrs. Kapila Tanwar, Company Secretary & Compliance Officer of the Company, resigned vide letter
dated 13^th September 2025, due to pre-occupation with other professional commitment. We confirm
that there is no other material reason for her resignation other than the one stated in her resignation
letter. The Board of Directors considered and approved her resignation from the position of Non¬
Executive Independent Director with effect from 30^th September 2025 (after business hours). The
Board places on record its sincere gratitude for the valuable services rendered by her during her
tenure as a Company Secretary & Compliance Officer.

On 29^th September 2025, the Board of Directors, in its meeting, appointed Ms. Shruti Jain (ACS-40600),
an Associate Member of the Institute of Company Secretaries of India, as the Company Secretary and
Compliance Officer of the Company under Section 203 of the Companies Act, 2013, read with Rule 8 of
the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation
6(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

On 29th September 2025, the Board of Directors, in its meeting, appointed Mrs. Gurleen Gupta (DIN:
11319304) as an Additional Director with effect from 1^st October 2025. She was appointed as a Non¬
Executive Independent Director for a consecutive term of 5 (five) years i.e., from 1st October 2025 to
30th September 2030. Both appointments were duly approved by the shareholders through Special
Resolution(s) passed via postal ballot on 12^th November 2025.

Further, after the closure of F.Y. 2025-2026, following are the changes in the Board of Directors of the
Company:

Mr. Yogesh Lama, a Managing Director & Chief Executive Officer who retires by rotation in terms of
Section 152 Companies Act, 2013 and being eligible has offered himself for re-appointment at this 43^rd
AGM.

Mrs. Bela Garg (DIN: 03422782), Non-Executive Independent Director, tendered her resignation vide
letter dated 23^rd June, 2026, due to other professional commitments. We confirm that there is no other
material reason for her resignation other than the one stated in her resignation letter. The Board of
Directors considered and approved her resignation from the position of Non-Executive Independent
Director with effect from 03^rd July, 2026 (after business hours). The Board places on record its sincere
gratitude for the valuable services rendered by her during her tenure as a Non-Executive Independent
Director of the Company.

Mr. Bhola Pandit (DIN: 00780063), Non-Executive Director, tendered his resignation vide letter dated
23^rd June, 2026, due to personal and unavoidable circumstances. We confirm that there is no other
material reason for his resignation other than the one stated in his resignation letter. The Board of
Directors considered and approved his resignation from the position of Non-Executive Director with
effect from 03^rd July, 2026 (after business hours). The Board places on record its sincere gratitude for
the valuable services rendered by him during his tenure as a Non-Executive Independent Director of
the Company.

The Board of Directors at its Meeting held on July 03, 2026, based on the recommendation of the
Nomination and Remuneration Committee, has appointed Mr. Naresh Prasad Sah (DIN: 11780383) as an
Non-Executive Independent (Additional) Director for consecutive 5 (Five) years for the period from
03/07/2026 to 02/07/2031, subject to the approval of the Members of the Company at the this Annual
General Meeting. The resolutions seeking approval of members on item No. 3 of notice for convening this
Annual General Meeting along with the requisite disclosures/explanatory statement are included.

The Board of Directors at its Meeting held on July 03, 2026, based on the recommendation of the
Nomination and Remuneration Committee, has appointed Mr. Rajesh Gupta (DIN: 07740827) as an
Additional Director of the Company with effect from July 03, 2026, subject to the approval of the Members
of the Company at this Annual General Meeting. Mr. Rajesh Gupta is nominated as a Non-Executive
Director on the Board of the Company.

All Independent Directors of the Company have submitted the requisite declarations confirming that they
meet the criteria of independence as prescribed under Section 149(6) of the Act read with Regulation 16
and 25(8) of SEBI Listing Regulations. The Independent Directors have also confirmed that they have
complied with Schedule IV of the Act and the Company's Code of Conduct. In the opinion of the Board, all
the independent directors are persons of integrity, possesses relevant expertise and experience including
the proficiency required to be Independent Directors of the Company and they are independent of the
management and have also complied with the Code for Independent Directors as prescribed in Schedule
IV of the said Act..

All Independent Directors of the Company have confirmed that they have already registered their
names with the data bank maintained by the Indian Institute of Corporate Affairs [“IICA”] as prescribed
by the Ministry of Corporate Affairs under the relevant Rules, and that they would give the online
proficiency self-assessment test conducted by IICA which is prescribed under the relevant Rules, if
applicable.

Pursuant to the requirement prescribed under the Companies (Appointment and Qualification of
Directors) Rules, 2014, the Directors with active Director Identification Number need to file an e-Form
DIR-3 KYC annually on the MCA portal verifying their mobile number and personal e-mail address. All
the Directors of the Company have complied with the KYC registration on the MCA portal for the FY
2025-2026.

Appropriate resolutions for appointment /re-appointment are being placed for the approval of the
shareholders of the Company at the ensuing AGM. The brief resume of directors appointed/re-appointed
and other related information has been detailed in the Notice read along with the explanatory statement
convening the 43^rd AGM of the Company in accordance with the provisions of the Companies Act, 2013
read with the Rules issued there under and the Regulation 36 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended from time to time.

Policy on Director's, Key Managerial Personnel - Appointment & Remuneration including
Nomination & Remuneration Committee:-

The Board of Directors has framed a Policy on Appointment and Remuneration of Directors, Key
Managerial Personnel (KMP) and Senior Management and has constituted the Nomination and
Remuneration Committee (NRC) pursuant to Section 178 of the Companies Act, 2013 and Regulation 19
of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Policy provides a framework for selection and appointment of Directors, KMP and Senior
Management, including criteria for determining qualifications, positive attributes, independence of a
Director and Board diversity.

It also lays down the remuneration principles for Directors, KMP and other employees which are
designed to attract, retain and motivate talent while ensuring alignment with the Company's long-term
objectives and shareholders' interests.

The detailed Remuneration Policy is available on the Company's website atwww.goldencrest.in.

The composition, role and terms of reference of the Nomination and Remuneration Committee along
with details of meetings held during the year are provided in the Corporate Governance Report forming
part of this Annual Report.

Disclosure under Section 197(12) of the Companies Act, 2013:-

The Company has not employed any employees whose remuneration falls within the purview of the
limits prescribed under the provisions of Section 197 of the Companies Act, 2013, read with Rule 5(1)
of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Declaration of Independent Directors:-

The Company has received necessary declaration from each of Independent Directors under Section
149(7) of the Companies Act, 2013, that they meet the criteria of independence laid down in Section
149(6) of the Companies Act, 2013 and the relevant Rules made there on and Regulation 16(1)(b) and
25 (8) & (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, as amended
form time to time.

Directors Responsibility Statement:-

Pursuant to Section 134 (3) (c) read with Section 134 (5) of the Companies Act, 2013, the Board of
Directors, to the best of their knowledge and ability, confirm that:

i. In the preparation of the annual accounts for the year ended 31^st March, 2026, the applicable
Indian Accounting Standards have been followed along with proper explanation relating to
material departures, if any;

ii. The directors have selected such accounting policies and applied them consistently and made
judgments and estimates that are reasonable and prudent so as to give a true and fair view of the
state of affairs of the company at the end of the financial year 31^st March, 2026 and of the profits
of the company for the year ended on that date;

iii. The directors have taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provisions of the Act for safeguarding the assets of the company
and for preventing and detecting fraud and other irregularities;

iv. The annual accounts have been prepared on a going concern basis;

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

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

Committee of the Board:-

The Board of Directors has following Committee

1. Audit Committee

2. Nomination & Remuneration Committee

3. Stakeholder Relationship Committee

4. Risk Management Committee

The details of the Committees along with their composition, number of meetings and attendance at the
meetings are provided in the Corporate Governance Report.

Statement concerning development and implementation of Risk Management Policy of the
Company:-

The Board of Directors has constituted a Risk Management Committee to frame, implement, monitor, and
periodically review the Risk Management Policy and plan of the Company.

The Committee oversees the identification, assessment, and mitigation of key risks, including financial,
operational, strategic, and compliance risks, and ensures that appropriate risk management systems and
controls are in place. Major risks identified by the business and functions are systematically addressed
through structured mitigation actions on an ongoing basis.

The details of the Risk Management Committee, its composition, and terms of reference are set out in the
Corporate Governance Report forming part of this Annual Report.

Number of Meeting of the Board:-

During the year under review Six (6) Meetings of the Board of Directors of the Company were held.

Disclosure Regarding Company's Policies under Companies Act, 2013 And SEBI (Listing
Obligations And Disclosure Requirements) Regulations. 2015:-

The Company has framed various policies as per SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 & Companies Act, 2013; viz i) Policy on Criteria for Determining
Materiality of Events ii) Remuneration Policy for the Directors , Key Managerial Personnel and other
Employees iii) Determining material subsidiary Policy iv) Related Party transactions Policy, v) Whistle
Blower/vigil Mechanism vi) Archival Policy for disclosure vii) Code of Conduct for Board of Directors &
Senior Management viii) Policy of Preservation of Documents ix) Policy on Criteria for Determining
Materiality of Events x) Code of Conduct for Independent Director / Information are displayed on the
website of the Companyhttps://www.goldencrest.in/information-under-regulation-46-and-62-of-the-
SEBI.html

Extract of Annual Return:-

Pursuant to the provisions of Section 92(3) and Section 134(3)(a) of the Companies Act, 2013 read
with Rule 12(1) of the Companies (Management and administration) Rules, 2014, the Annual Return is
available on the Company's website onhttps://www.goldencrest.in/annual-return.html.

Board Evaluation:-

Pursuant to the provisions of the Companies Act, 2013, the Rules made thereunder and Regulation 17 of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has
carried out an annual evaluation of its own performance, the performance of its Committees, individual
Directors (excluding the Director being evaluated), and the Chairman of the Board.

The evaluation was conducted through a structured questionnaire covering various aspects such as Board
composition and structure, effectiveness of Board processes, information flow, decision-making,
attendance, contribution of Directors at meetings, independent judgment, safeguarding of minority
shareholders' interests, and performance of specific duties and obligations.

The performance evaluation of the Independent Directors was carried out by the entire Board (excluding
the Independent Director being evaluated). The performance evaluation of the Chairman and the Non¬
Independent Directors was carried out by the Independent Directors at their separate meeting. The Board
expressed its satisfaction with the evaluation process and the overall outcome.

Particulars of Loans. Guarantees or Investments made under Section 186 of the Companies Act.
2013:-

The Company has complied with the provisions of Section186 of the Companies Act, 2013 in respect of
investments made in earlier and outstanding at the year-end, details of which are given in the Financial
Statements. There were no loans or guarantees made by the Company during the year under review.

Particulars of Contracts or Arrangements made with Related Parties: -

All contracts / arrangements / transactions entered into with Related Parties as defined under the
Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 during the financial year were in the ordinary course of business and on an arm's
length basis and do not attract the provisions of Section 188 of the Companies Act, 2013.

During the year under review, the Company did not enter into any contract / arrangement / transaction
with related parties which could be considered material in accordance with the related party
transactions. Accordingly, the disclosure of Related Party Transactions as required under Section 134(3)
of the Companies Act in Form AOC-2 is not applicable. Attention of the members is drawn to the

disclosures of transactions with the related parties is set out in Notes to Accounts forming part of the
financial statement for the year 2025-2026.

Subsidiaries, loint Ventures and Associate Companies:-

The Company does not have any Subsidiary, Joint venture or Associate Company.

Details of policy developed and implemented by the Company on its Corporate Social
Responsibility Initiatives:-

Since the Company does not qualify any of the criteria as laid down in Section 135(1) of the
Companies Act, 2013 with regard to Corporate Social Responsibility, provisions of Section 135 are not
applicable to the Company.

Internal Financial Control and their adequacy:-

The Company has an Internal Control System, commensurate with the size, scale and complexity of its
operations. The Company has developed well-defined internal control mechanisms and comprehensive
internal audit program with the activities of the entire organization under its ambit.

Further, based on the report of Internal Audit function, corrective action are undertaken in the
respective areas and thereby strengthen the controls. Significant audit observations and corrective
actions thereon are presented to the Audit Committee of the Board. During the year under review, no
material or serious observation has been received from the Internal Auditors of the Company for
inefficiency or inadequacy of such controls.

Corporate Governance:-

The Company conforms to the norms of Corporate Governance as envisaged in the term of SEBI
(Listing Obligations and Disclosure Requirements), Regulations 2015 with the Stock Exchange.
Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations 2015, a detailed Compliance Note on Corporate Governance together
with the Auditors Certificate on Corporate Governance is annexed to this report.

Management Discussion and Analysis Report:-

The Management Discussion and Analysis Report for the year under review, as stipulated under the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) are given in
a separate section and forms part of the Annual Report.

Material Changes and Commitments, if any, affecting the financial position of the Company
occurred between the ends of the Financial Year to which this Financial Statement relates and the
date of the Report:-

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

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:

During the financial year under review, there were no instances of one-time settlement with any bank or
financial institution.

Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo:-

In view of the nature of activities which are being carried out by your Company, the provisions of
Section 134(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules,
2014, pertaining to the conservation of energy and technology absorption, are not applicable to your
Company.

There were no Foreign Exchange earnings or outgo during the period.

Details of Significant and material orders passed by the Regulators or Courts or Tribunals
impacting the Going Concern Status and Company's operation in future:-

There are no significant and material orders issued against the Company by any regulating authority or
court or tribunal affecting the going concern status and Company's operation in future. Hence,
disclosure pursuant to Rule 8 (5) (vii) of Companies (Accounts) Rules, 2014 is not required.

Auditors & Auditors Observations:-

The matter related to Auditors and their Reports are as under:

1. Statutory Auditor and their Report:-

M/s. Mohindra Arora & Co., Chartered Accountants (FRN:006551N), was re- appointed as the
statutory auditors of the Company to hold office for a period of five consecutive year from the
conclusion of the 39^th Annual General Meeting till the conclusion of the 44^th Annual General
Meeting. Auditors have confirmed that they are not disqualified from continuing as Auditors of the
Company.

The requirement to place the matter relating to appointment of Auditors for ratification by
members at every AGM is done away with vide notification dated 7^th May, 2018 issued by the
Ministry of Corporate Affairs, New Delhi.

Explanations or Comments on Qualifications, Reservations or Adverse Remarks or
Disclaimers made by the Statutory Auditors in their Report:-

The Report given by the Statutory Auditors for the Financial Statements for the year ended 31^st
March, 2026 read with explanatory notes thereon do not call for any explanation or comments
from the Board under Section 134(3) of the Companies Act, 2013. The remarks, if any, made by the
Auditors in their Report are properly explained in the Note no. 21 of the Financial Statement.

2. Secretarial Auditor and his Report:-

M/s. Veenit Pal & Associates, Practicing Company Secretaries (Firm Registration No.
S2014MH257800 and Peer Review No. 1433/2021) as the Secretarial Auditor of the Company for
one term of five consecutive years i.e. from Financial Year 2025-2026 till F.Y. 2029-2030 at such
remuneration, as may be mutually agreed between the Board of Directors of the Company and the
Secretarial Auditors, by the recommendation of the Audit Committee, the Board of Directors has
approved in their Board meeting i.e. 21.05.2025, as required under Section 204 of the Companies
Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014 and pursuant to recent amendments to Regulation 24A of the SEBI Listing Regulations 2015
and read with SEBI Notification: SEBI/LAD-NRO/GN/2024/218, dated 12^th December , 2024.

The report of the Secretarial Auditors in Form MR-3 is enclosed as Annexure-I to this report. The
report confirms that the Company had complied with the statutory provisions listed under Form
MR -3 and the Company also has proper board processes and compliance mechanism.

The report does not contain any qualification, reservation or adverse remark or disclaimer for
further comments or explanations.

3. Internal Auditor:-

The Members of Board has appointed M/s. Jain N K & Co., (FRN: 148125W) Chartered Accountant,
as Internal Auditors of the Company for Financial Year 2025-2026 at their meeting on 25^th June,
2025 under provisions of Section 138 of the Companies Act, 2013 read with Rule 13 of the
Companies (Accounts) Rules, 2014 as recommended by Audit Committee.

The Suggestions made by the Internal Auditor in their Report were properly implemented.

Vigil Mechanism/ Whistle Blower Policv:-

Your Company is committed to the highest standards of ethical, moral and legal business conduct. In line
with this commitment and pursuant to the provisions of Section 177(10) of the Companies Act, 2013 and
Regulation 22 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board
of Directors has established a Vigil Mechanism through the Whistle Blower Policy.

The Policy provides a robust framework that enables employees, Directors and other stakeholders to
report genuine concerns or grievances regarding any unethical behaviour, actual or suspected fraud, and
violation of the Code of Conduct, discrimination, harassment, victimization or any other unfair
employment practice. The Policy safeguards the whistle-blower against any victimization and provides
direct access to the Chairman of the Audit Committee in appropriate cases.

The details of the Whistle Blower Policy are outlined in the Corporate Governance Report forming part of
this Annual Report.

Human Resources:-

Human Resources Development envisages the growth of the individual in tandem with the
organization. It also aims at the up-liftment of the individual by ensuring an enabling environment to
develop capabilities and to optimize performance.

Your Directors want to place on record their appreciation for the contribution made by employees at
all levels, who through their steadfastness, solidarity and with their co-operation and support have
made it possible for the Company to achieve its current status.

The Company, on its part, would Endeavour to tap individual talents and through various
initiatives, ingrain in our human resources, a sense of job satisfaction that would, with time, percolates
down the line. It is also the Endeavour of the Company to create in its employees a sense of belonging,
and an environment that promotes openness, creativity and innovation.

All the manpower initiatives including training, meetings and brainstorming sessions are implemented
with the aim of maximizing productivity and aligning organizational needs employee's aspirations.

Listing of Securities:-

The Equity Shares of the Company are listed on Calcutta Stock Exchange Limited (CSE) & BSE Limited
(BSE).

Shares:-

The authorized Share capital and the paid-up Equity Share Capital have remained unchanged
during the year under review. The Company has neither issued shares & Securities or any other
instruments nor any corporate benefits during the year under review.

1. The Company has not bought back any of its securities during the year under review.

2. The Company has not issued any Sweat Equity Shares during the year under review.

3. No Bonus Shares were issued during the year under review.

4. The Company has not provided any Stock Option Scheme to the employees.

Additional Information to Shareholders:-

All important and pertinent investor information such as financial results, investor presentations,
press releases are made available on the Company's website i.e. www.goldencrest.in on a regular basis.

Secretarial standards

The Company complies with all applicable secretarial standards issued by the Institute of Company
Secretaries of India.

Code of Conduct:-

As prescribed under Listing Regulation, a declaration signed by the Managing Director & Chief
Executive Officer affirming compliance with the Code of Conduct by the Directors and Senior
Management Personnel of the Company for the financial year 2025-2026 forms part of the Corporate
Governance Report.

Board Diversity Policy:-

In compliances with the provision of the Listing Regulations, 2015, the Board through its Nomination
and Remuneration Committee has devised a Policy on Board Diversity.

The objective of the Policy is to ensure that the Board comprises adequate number of members with
diverse experience and skills, experience, such that it best serves the governance and strategic needs of
the Company leading to competitive advantage. The Board composition at present meets with the
above objective.

Familiarization Program:-

Whenever any person joins the Board of the Company as an Independent Director, an induction
programme is arranged for the new appointee, wherein the appointee is familiarized with the Company,
his/her roles, rights and responsibilities in the Company, the Code of Conduct of the Company to be
adhered, nature of the industry in which the Company operates, and business model of the Company etc.
The details of such familiarization programmes have been disclosed on the Company website i.e.
https://www.goldencrest.in/information-under-regulation-46-and-62-of-the-SEBI.html

Reporting of Frauds:-

During the year under review, the Statutory Auditors and Secretarial Auditors have not reported to the
Audit Committee and / or Board any instances of fraud committed in the Company by its officers or
employees under Section 143(12) of the Companies Act, 2013.

Disclosure under the Sexual Harassment of Woman at Workplace (Prevention, Prohibition and
Redressal) Act, 2013:-

The 'Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013'
(POSH Act) is not applicable to our company. So the company is not required to constitute an Internal
Complaints Committee (ICC) to address complaints of sexual harassment. Despite the non-applicability of
this Act, the company remains committed to maintaining a safe, respectful, and harassment-free
workplace for all employees. Any complaints or incidents of harassment related to the workplace should
be reported directly to Human Resources (HR) or senior management to ensure appropriate investigation
and resolution.

However our Company not received and disposed off sexual harassment complaints during the year
2025-2026.

No of complaints received : Nil

No of complaints disposed off : Nil

No of complaints pending as on end of the financial year : Nil

Compliance with the Maternity Benefit Act, 1961:-

The Company affirms that it is in full compliance with the provisions of the Maternity Benefit Act, 1961, as
amended from time to time.

Disclosures:¬
> Maintenance of cost records and requirement of cost Audit as prescribed under the provisions of
Section 148(1) of the Act are not applicable to the business activities carried out by the Company.

> The Company has not accepted any fixed deposits during the year under review and accordingly,
no amount on account of principal or interest on deposits from public and/or Members were
outstanding as at March 31, 2026.

> During the year under review, the Company has not issued any Debentures.

> There are no significant and material orders passed by the regulators or courts or tribunals
impacting the going concern status and the Company's operations in future.

> No material changes have taken place that could have an impact on the financial position of the
Company from the date of closure of financial year under review till the date of signing of Accounts.

> There is no proceeding initiated or pending against the company under the Insolvency and
Bankruptcy Code, 2016

> During the year under review, the Company has not required take Credit Rating of Securities from
any agency.

> During the year under review, the Company has not required transferred any shares in IEPF
(Investors Education & Protection Fund).

> During the year under review Company does not come under failure of implement any Corporate
Action.

> During the year under review, the Company has not required the Compliance of Regulation 32 of
SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and is of the view that the
same is not applicable to company as the Company has not issued any share by way of public issue,
Right Issue, Preferential Issue etc.

> There is no 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

Acknowledgement: -

The Directors wish to place on record their appreciation for the contributions made by the employees
at all levels, whose continued commitment and dedication helped the Company achieve better results.
The Directors also wish to thank customers, bankers, Central and State Governments for their
continued support. Finally, your directors would like to express their sincere & whole-hearted
gratitude to all of you for your faith in us and your Co-operation & never failing support.

By Order of the Board

For Golden Crest Education & Services Limited

Yogesh Lama Bela Garg

(Managing Director & CEO) (Director)

(DIN:07799934) (dIN: 03422782)

Regd. Office : 102, First Floor, 21 Thakur Building,

Krantiveer Rajguru Marg, Bhorbhat Lane,

Girgaon, Mumbai, Maharashtra, India, 400004
Email : info@goldencrest.in

Website : www.goldencrest.in

Date : 03/07/2026