To the Members,

The Directors present the Boards' Report on business operations and affairs of Prestige Estates Projects Limited (the “Company” or “PEPL”) along with the audited Standalone and Consolidated financial statements for the Financial Year ended March 31,2026.

(P. in Million)

There have been no material changes or commitments affecting the financial position of the Company which have occurred between March 31,2026 and the date of this report.

Prestige Estates Projects Limited is a Public Limited Company with its Equity Shares listed on the BSE Limited and National Stock Exchange of India Limited.

The Company operates in the real estate industry in general in the following verticals.

> Residential

> Commercial

> Retail

> Hospitality

> Services

During FY 2025-26, the Company has reported Total Revenue of Rs. 131,955 mn, EBIDTA of P 42,192 mn and PAT of P 13,054 mn, EBIDTA margin stood at 31.97% and PAT margin stood at 9.89%. During the corresponding FY 2024-25, the Company reported Total Income of P 77,355 mn, EBIDTA of P 29,449 mn and PAT of P

6,169 mn. EBIDTA margin stood at 38.07 % and PAT margin stood at 7.97 %.

During FY 2025-26, the Company has sold 22.28 mn sft. of residential and commercial space which translates to sales of P 300,245 mn. During the corresponding FY 2024-25, the Company sold 12.58 mn sft of residential and commercial space which translates to sales of P 170,231 mn.

Total collections for the year ended March 31,2026 aggregated to P 185,146 mn (Prestige share of collections for the year aggregated to P 170,830 mn). Total collections for the year ended March 31,2025 aggregated to P 120,840 mn. (Prestige share of collections for the year aggregated to P 113,413 mn).

During the period under review, Company has maintained high demand from the customers for its projects. During the year Company has launched 31.84 mn. sft. across 15 projects.

13 projects with Built up Area of 18.22 mn. sft. across segments & geographies were completed during the year.

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

The Board of Directors of the Company have recommended a dividend of P 2 (20%) per Equity Share of P 10/- each which is subject to approval of shareholders in the ensuing Annual General Meeting of the Company.

There was no material change in the nature of Business carried out by the Company during the period under review.

The authorized share capital of the Company is P 450,00,00,000/- divided into 45,00,00,000 Equity Shares of P 10/- each and the Issued, Subscribed and Paid-Up Share Capital of the Company is P 430,73,02,320/- divided into 43,07,30,232 Equity Shares of P 10/- each as on March 31,2026.

As described elsewhere in the report, the Company operates in the following verticals and the changes are mentioned herewith:

> Residential Vertical - The Company continues to be the apex entity for Residential Vertical and shall continue to hold residential assets and all future residential developments will continue to be undertaken by the Company.

> Commercial Vertical - Prestige Exora Business Parks Limited, wholly owned subsidiary of the Company continues to be the apex entity for the Commercial Vertical.

> Retail Vertical - Prestige Retail Ventures Limited, wholly owned subsidiary of the Company, continues to be the apex entity for Retail Vertical.

> Hospitality Vertical - Prestige Hospitality Ventures Limited, wholly owned subsidiary of the Company, continues to be the apex entity for the Hospitality Vertical.

> Services Vertical- The Company through these verticals provides Fit out services, Interior Designs and Execution, Facilities & Property Management and Project & Construction Management for all its projects.

Aspire Spaces Tellapur Private Limited (Formerly, Aspire Spaces Tellapur LLP)

On February 18, 2026, the Company, through its wholly owned subsidiaries Prestige Garden Estates Private Limited and Prestige Acres Private Limited, acquired a 100% partnership interest in Aspire Spaces Tellapur LLP. Pursuant to the acquisition, Aspire Spaces Tellapur LLP became a wholly owned step-down subsidiary of the Company. Subsequently, the LLP was converted into a private limited company and is now known as Aspire Spaces Tellapur Private Limited.

Bharatnagar Buildcon LLP.

On December 10, 2025, Prestige Falcon Realty Private Limited and Prestige Projects Private Limited, subsidiaries of the Company have acquired 66.93% partnership interest in Bharatnagar Buildcon LLP.

Pursuant to the acquisition, Bharatnagar Buildcon LLP has become subsidiary of the Company.

Prestige Notting Hill Investments.

On July 7, 2025 Prestige Falcon Malls Private Limited, wholly owned subsidiary of the Company has acquired 49% partnership interest in Prestige Notting Hill Investments. With this acquisition, the Company directly and indirectly holds 100% partnership interest in Prestige Notting Hill Investments.

Prestige AAA Investments

On July 7, 2025 the Company has acquired 48.99% partnership interest in Prestige AAA Investments. With this acquisition, the Company now holds 99.99% partnership interest in Prestige AAA Investments.

Apex Realty Ventures LLP

On July 22, 2025, the Company directly and through Village De Nandi Private Limited its wholly owned subsidiary acquired 40% partnership interest in Apex Realty Ventures LLP. With this acquisition, this LLP has now become wholly owned subsidiary of the Company.

Divestments during the fiscal:

The Company and Village De Nandi Private Limited, wholly owned subsidiary, holding partnership interest aggregating to 100% in M/s. Maheshwaram Land Holdings (“Firm”), have retired as partners from the Firm on June 3, 2025.

There were no material orders passed during the year under review.

The Company as on March 31, 2026 has Thirty-Eight (38) Subsidiary Companies, Six (6) Joint Venture Companies and One (1) Associate Company within the meaning of Section 2(87) and Section 2(6) of the Companies Act, 2013 (hereinafter referred to as the ‘Act' in this Report). There has been no material change in the nature of business of the Subsidiaries/Associates/Joint Ventures.

The Consolidated Financial Statements of the Company, its Subsidiaries, Joint Ventures and Associate Companies are prepared in accordance with the provisions of Section 129 of the Companies Act, 2013, read with Companies (Accounts) Rules, 2014 and the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Consolidated Financial Statements presented by the Company include the financial results of its Subsidiaries, Joint Ventures /Associate. Pursuant to Section 129(3) of the Act, a separate statement containing the salient features of the financial performance of Subsidiaries, Joint ventures, Associates of the Company in the prescribed Form AOC- 1 is provided in Annexure I to the Report.

The Audit Committee and the Board review the significant transactions and financial statements of subsidiaries. The minutes of subsidiary companies are placed before the Board for its review. Pursuant to provisions of Section 136 of the Act, the Financial Statements of the Company, Consolidated Financial Statements along with relevant documents and separate Audited Accounts in respect of Subsidiaries are available on the website of the Company.

During the year under review, there was no change in directors and Key Managerial Personnel.

The composition of the Board is elaborated in the Corporate Governance Report.

As on March 31, 2026, the Board of Directors of the Company comprises of Eight (8) Directors of which Four (4) are

Executive Promoter Directors and Four (4) are Non -Executive Independent Directors.

None of the Directors of the Company are disqualified under Section 164(2) of the Companies Act, 2013.

The Board met Four (4) times during the year under review and the intervening gap between the meetings was within the period prescribed under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The dates of the meetings are as below:

As per the requirements of Schedule IV of the Companies Act, 2013 and Regulation 25(3) of SEBI (LODR) Regulations, a separate meeting of the Independent Directors of the Company was held on March 26, 2026 without the presence of the Chairman & Managing Director or Executive Directors or Company Secretary & Compliance Officer or Chief Financial Officer or any other Management Personnel.

The composition of various Committees of the Board and their meetings, including the terms of reference are detailed in the Corporate Governance Report forming part of the Annual Report.

I n terms of Section 152 of the Companies Act, 2013, Ms. Uzma Irfan, Director, (DIN: 01216604) is liable to retire by rotation at the ensuing Annual General Meeting; and being eligible, offers herself for re-appointment. The Board of Directors, based on the recommendation of Nomination & Remuneration Committee, have recommended the re-appointment of Ms. Uzma Irfan, Director, who is liable to retire by rotation.

The Notice convening the Annual General Meeting includes the proposal for the re-appointment of the Director as aforesaid. Brief resume of the Director proposed to be re-appointed, nature of her expertise in specific functional areas and names of the Companies in which she holds directorship/ membership/ chairmanship of the Board or Committees, as stipulated under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been provided as an annexure to the Notice convening the Twenty Ninth Annual General Meeting.

Based on the performance evaluation of Ms. Uzma Irfan and on the recommendation of the Nomination and Remuneration

Committee, the Board of Directors, at its meeting held on May 21, 2026, approved the re-designation of Ms. Uzma Irfan as Wholetime Director of the Company effective from May 21, 2026, for a period of 5 (five) years till May 20, 2031, subject to approval of shareholders. The Board is of the view that her continued leadership, extensive experience, and valuable contributions will further strengthen the management of the Company and contribute to its sustained growth.

The Independent Directors of the Company have provided the declaration of Independence as required under Section 149(7) of the Companies Act, 2013, confirming that they meet the criteria of Independence under Section 149(6) of the Companies Act, 2013 read with the Regulation 25(8) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration Committee and the Board have laid down the manner in which formal annual evaluation of the Board, its committees, and Individual Directors has to be made.

The performance evaluation of the Independent Directors was carried out by the entire Board. The performance evaluation of the Chairman and Non-independent Directors was carried out by the Independent Directors in the following manner:

a. Evaluation of performance of Non-independent Directors and the Board of Directors of the Company as a whole;

b. Evaluation of performance of the Chairman of the Company, taking into account, views of Executive and NonExecutive Directors;

c. Evaluation of quality, content and timeliness of flow of information between the Management and the Board that is necessary for the Board to effectively and reasonably perform its duties.

As required by Section 134(5) of the Companies Act, 2013, your Board of Directors hereby confirm that:

a. i n the preparation of the Annual Financial Statements for the year ended March 31,2026, the applicable Accounting Standards have been followed along with proper explanation relating to material departures;

b. the Directors have selected such Accounting Policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the Financial Year 2025-26 and of the profit of the Company for that period;

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

d. the Annual Financial Statements have been prepared on a Going Concern basis;

e. 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; and

t. the Directors have laid down Internal Financial Controls to be followed by the Company and that such Internal Financial Controls are adequate and were operating effectively.

I n accordance with Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a separate report on Corporate Governance forms part of this report.

A certificate from M/s. Nagendra D Rao & Associates LLP, Practicing Company Secretaries affirming compliance with the various conditions of Corporate Governance in terms of the Listing Regulations given in a separate section of the Annual Report.

In terms of Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Management Discussion and Analysis Report forms part of this Annual Report.

The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandates the inclusion of Business Responsibility and Sustainability Report (“BRSR”) as the part of Annual Report for top one thousand listed companies based on the market capitalization as on December 31, every year. The Report has been mandated by SEBI for providing initiatives taken by the Companies from Environmental, Social and Governance perspective. In Compliance with the regulation, the Company has provided the BRSR for the year 2025-26 as part of this Annual Report. The Environmental, Social and Governance Policy is available at the website of the Company www.prestigeconstructions.com

The terms of reference of the Audit Committee are in consonance with the requirements spelt out in Section 177 of the Companies Act, 2013 and Regulation 18 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The Composition of the Audit Committee is mentioned in the Corporate Governance Report which forms part of this Annual Report.

M/s. S. R. Batliboi & Associates LLP, Chartered Accountants, Bengaluru (FRN 101049W/E300004) were re-appointed as Statutory Auditors of the Company at the 25^th Annual General Meeting of the Company held on September 27, 2022 to hold office till the conclusion of 30^th Annual General Meeting to be held in the year 2027. The auditor's report for the year ending March 31,2026 forms part of this Annual Report.

There are no qualifications or adverse remarks in the Statutory Audit Report on the Financial Statements.

Pursuant to Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel), Rules, 2014, Secretarial Audit for the Financial Year 2025-26 has been carried out by M/s. Nagendra D Rao & Associates LLP, Practicing Company Secretaries ICSI Firm Registration No: L2018KR004100.

The Report of the Secretarial Audit in Form MR-3 for the Financial Year ended March 31, 2026 follows as Annexure II - A to the Report. In the said report, the Secretarial Auditor has also commented that information as required under Section 134(q) of the Companies Act, 2013 read with rule 5(1 )(ii) and (ix) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, remuneration details of Chief Financial Officer and Company Secretary has not been disclosed in the Boards' Report. Your directors stated that with a view to ensure healthy & cordial human relations at all levels and considering the confidential nature of the information, the remuneration details of Chief Financial Officer and Company Secretary have not been disclosed in the interest of the Company. However, on a request from any shareholder or any regulatory authority, the same shall be shared separately.

Further, the secretarial audit reports of material subsidiary companies, Prestige Hospitality Ventures Limited and Prestige Garden Estates Private Limited issued by M/s. Nagendra D Rao & Associates LLP, Practicing Company Secretaries are provided in Annexure II - B & Annexure II - C respectively to this Report. The reports does not contain any qualification, reservation or adverse remark.

The Cost Audit Records are maintained in accordance with the provisions of Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Amendment Rules, 2014. There are no qualifications or adverse remarks in the Cost Audit Report which require any explanation from the Board of Directors.

Based on the recommendations of the Audit Committee, the Board of Directors have re-appointed M/s. P. Dwibedy & Co, Cost Accountants, (FRN-100961) as the Cost Auditors of the Company for the Financial Year 2026-27.

As per Rule 14 of Companies (Audit and Auditors) Rules, 2014, the Remuneration payable to the Cost Auditors for the FY 2026-27 is subject to ratification by the Shareholders of the Company and the same is being put to shareholders at the ensuing Annual General Meeting. The Notice convening the Annual General Meeting contains the proposal for ratification of the remuneration payable to the Cost Auditors.

The Board of Directors of your Company have laid down Internal Financial Controls to be followed by the Company and such Internal Controls are adequate and operating effectively. Your Company has adopted policies and procedures for ensuring orderly and efficient conduct of its Business, including adherence to the Company's policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records and the timely preparation of reliable financial disclosures.

I n view of growth of business activities, on recommendation of Audit Committee, the Board of Directors of the Company have appointed M/s. Grant Thornton India LLP and M/s. Deloitte Touche Tohmatsu India LLP as the Internal Auditors for Financial year 2025-26.

During the year under review, these controls were evaluated and no significant weakness was identified either in the design or operation of the controls.

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

The Directors confirm that the mandatory Secretarial Standards on Board and General Meetings issued by the Institute of Company Secretaries of India in accordance with the applicable provisions of Companies Act, 2013 and rules made thereunder, have been duly complied with.

The Directors of the Company are appointed by the Members at the Annual General Meetings in accordance with the provisions of the Companies Act, 2013 and the Rules made thereunder.

The Company has adopted the provisions of the Companies Act, 2013 and provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to the Appointment and Tenure of Independent Directors.

The Company has also adopted Remuneration policy for Directors, Key Managerial Personnel and Senior Management Personnel and the same is available at the Company website www.prestigeconstructions.com

The Company recognizes and embraces the importance of a diverse Board in its success. A truly diverse Board will leverage differences in thought, perspective, knowledge, skill, regional and industry experience, age, race and gender etc., which will help the Company to retain its competitive advantage. The Policy on Board Diversity has been adopted by the Company and available at the website www.prestigeconstructions.com.

The Nomination and Remuneration Committee has formulated a policy for determining qualifications, positive attributes and independence of Directors and a policy relating to the remuneration for the Directors, Key Managerial Personnel and Senior Management Personnel of the Company. The Remuneration paid is as per the Nomination and Remuneration Policy formulated by the Nomination and Remuneration Committee and approved by the Board of Directors of the Company. The Nomination & Remuneration policy is available at the website of the Company at www.prestigeconstructions.com.

The Board has constituted a Risk Management Committee which is entrusted with the task of monitoring and reviewing the Risk Management Plan and procedures of the Company. This acts as a supplement to the Internal Control Mechanism and Audit function of the Company. The Risk Management Policy is available at the website of the Company at www. prestigeconstructions.com.

The Corporate Social Responsibility Policy has been formulated by the Corporate Social Responsibility Committee and approved by the Board of Directors and is available at the website of the Company at www.prestigeconstructions.com

The activities pertaining to Corporate Social Responsibility is detailed in Annexure III to the Report.

The Company has established a Vigil Mechanism to promote ethical behavior in all its business activities and has in place, a mechanism for employees to report any genuine grievances, illegal or unethical behavior, suspected fraud or violation of laws and regulations and can report the same to the Ethics Counsellor and the Audit Committee Chairman of the Board of the Company. The whistle blower policy is available at the website of the Company www.prestigeconstructions.com

As a part of the policy for Prevention of Sexual Harassment in the organization, your Company has in place, an effective system to prevent and redress complaints of sexual harassment of women at work place in accordance with The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and relevant rules thereunder. During the year under review, there have been no instances of any complaints. The policy can be accessed at our website www. prestigeconstructions.com

The Dividend Distribution Policy, in terms of Regulation 43A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) is available on the website of the Company at https://d1t2fddy6amcvs.cloudfront.net/investors/policies/ dividend-distribution.pdf

As per the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Company has adopted a Code of Conduct to regulate, monitor and report trading by designated persons in securities of the Company. The policy and procedures are periodically reviewed and revised from time to time and communicated to the designated persons and is available on the website of the Company.

The Insider Trading Code has been implemented to prevent the misuse of unpublished price-sensitive information and set a framework, rules, and procedures that all concerned parties should follow, both in letter and spirit, while trading in listed securities of the Company.

A digital platform is being maintained by the Company, which contains the names and other prescribed particulars of the persons covered under the Insider Trading Code. This online tracking mechanism helps for monitoring trade in the Company's securities by designated persons and taking appropriate action in case of any violation/non-compliance of the Company's Insider Trading Code.

A comprehensive maternity benefits policy has been established covering all female employees under the Maternity Benefit Act, 1961, and the Company is in compliance with the requirements under the aforementioned legislation.

The Company has not accepted any deposits from public and as such, no amount on account of principal or interest on deposits from public was outstanding as on the date of the balance sheet. Accordingly, disclosing the details of deposits which are not in compliance with the requirements of Chapter V of the Act is not applicable.

Your Company has been bestowed with various awards during the period under review, the details of which are provided in the separate section in the Annual Report titled ‘Awards & Recognition'.

The Company has not issued any debentures during the year under review.

I n compliance with the provisions of the Companies Act, 2013 (“Act”) and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (”IEPF Rules”), the Company has, during the year transferred unclaimed

dividend amounting to 7 34,847 to the Investor Education and Protection Fund.

Employee Relations remained cordial throughout the year at all levels. Your Company would like to place its appreciation for all the hard work, dedication and efforts put in by all the employees.

As on March 31, 2026, the Company had employee strength of 1,533

Female: 327 Male: 1,206 Transgender: 0

Further, total employees of the company including its subsidiaries, associate and joint ventures stood at 11,652

Information as required pursuant to Section 197 (12) of the Companies Act, 2013 read with Rule 5 (1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is elaborated in Annexure IV of this report.

As per the requirements of Section 92(3) of the Act and the rules made thereunder, the extract of the annual return as on March 31,2026 is available on the Company's website at https:// prestigecorporatesite.s3.ap-south-1 .amazonaws.com/investors/ financial-performance/fy-2025-2026/annual-return/annual- return-2025-2026.pdf

In terms of Section 134 of the Companies Act, 2013, the particulars of loans, guarantees and investments made by the Company under Section 186 of the Companies Act, 2013 are detailed in Notes to Accounts of the Financial Statements.

All contracts / arrangements / transactions entered into, by the Company during the Financial Year, with Related Parties were in the ordinary course of business on an arm's length price basis. The details of contracts and arrangements with related parties for the financial year ended March 31,2026, are provided in the Notes to the Standalone Financial Statements, which forms part of this Annual Report.

During the year, the Company entered into the following material related party transactions subsequent to resolutions passed by the shareholders in the Annual General Meeting held on September 10, 2025

• Contracts(s)/agreement(s) with its subsidiary company Prestige Projects Private Limited in relation to (a) issuing and/or receiving intercorporate deposits (b) issuing corporate guarantee/ security for securing borrowings and (c) purchase/ sale of raw materials/goods and/ or rendering/ availing of services

The policies of Related Party Transactions & Material related party transactions, can be referred to at https://d1t2fddy6amcvs. cloudfront.net/investors/policies/related-party-transactions-2024. pdf

The details of conservation of energy, technology absorption, foreign exchange earnings and outgo are as follows:

The Company advances its sustainability agenda by integrating energy-efficient practices and adopting innovative technologies that enhance performance, reduce environmental impact, and deliver long-term value. These initiatives align with Green Building principles, LEED standards, and the Energy Conservation Building Code, ensuring projects meet rigorous benchmarks while enhancing occupant well-being.

We adopt advanced technologies to boost quality, speed

processes, and reduce environmental impact, ensuring resource

efficiency and resilience.

Key measures include:

• I mplemented loT-enabled water monitoring systems to optimise water consumption.

• Adopted direct drive power systems to improve energy efficiency.

• I nstalled energy-efficient auto tube chiller cleaning systems for HVAC optimisation.

• Adopted advanced HVAC auto tube cooling systems to enhance operational efficiency.

• I mplemented indoor air quality monitoring systems across operational sites.

• I nstalled multi-disc screw press technology to convert STP sludge into manure.

• Installed terrace-mounted solar panel grid systems for on-site renewable energy generation.

These innovations enhance environmental performance and

create cost-efficient, future ready spaces

i) Earnings and Expenditure on foreign currency on accrual basis

ii) Value of Imports on CIF basis:

The Company has neither filed an application during the year under review nor any proceedings are pending under the Insolvency and Bankruptcy Code, 2016 as at March 31,2026.

There was no instance of one time settlement with any bank or financial institution.

The Company has voluntarily prepared Integrated Report that presents both financial and non-financial information, enabling Members to make informed decisions and gain an understanding of the Company's long-term value creation strategy to enable the Members to take well-informed decisions.

Prestige with a strong focus on sustainable development has placed an EV-charging in the premises of the Company to promote the usage of electric vehicles and reduce the emissions of pollutants

caused due to gasoline vehicles. The Company is also issuing electronic copies of the Annual Report 2026 and Notice of the Twenty-Ninth Annual General Meeting (“AGM”) to all the members whose email address is registered with the Company/Depository participant(s). For members who have not registered their email address, physical copies of the Annual Report 2026 and the Notice of the Twenty-Ninth AGM are being sent in the permitted mode.

The Company is providing e-voting facility to all members to enable them to cast their votes electronically on all resolutions set forth in the Notice of the Twenty-Ninth AGM. This is pursuant to Section 108 of the Companies Act, 2013 read with applicable Rules and in accordance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The instructions for e-voting are provided in the Notice of the AGM.

The Board of Directors take this opportunity to sincerely thank the Company's valued Customers, Clients, Suppliers, Vendors, Investors, Bankers and Shareholders for their trust and continued support towards the Company. The Board expresses its deepest sense of appreciation to all the employees at all levels whose professional committed initiative has laid the foundation for the organization growth and success.