Dear Members,

Your Directors have pleasure in presenting the 46th Annual Report on the business & operations of the Company with the Audited Financial Statement for the year ended 31st March 2026.

FINANCIAL HIGHLIGHTS

Financial results are presented in the table below:

Performance Of The Company

Our Company revenue from operations rose by 18.04 % at Rs. 20,290.29 Lacs in FY 2025-26 compared to Rs. 17188.36 Lacs in FY 2024-25. The Profit Before Tax (PBT) and Profit After Tax (PAT) for the year 2025-26 are Rs. 2,927.54 Lacs and Rs. 2125.91 Lacs respectively, as against Rs. 1984.63 Lacs and Rs. 1513.11 Lacs respectively during the previous year ended 31st March, 2025.

With the improvement of economic conditions in these markets, we anticipate further increase in sales volume and profitability in the near future.

The Audited Financial Statements for the Financial Year ended March 31,2026, forming part of this Annual Report, have been prepared in accordance with the Indian Accounting Standard (hereinafter referred to as "Ind AS") prescribed under Section 133 of the Companies Act, 2013 (The 'Act') and other recognized accounting practices and policies to the extent applicable. Necessary disclosures with regard to Ind-AS reporting have been made under the Notes to Financial Statements.

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 Reserves

Your Company has not transferred any amount to the General Reserves Account during the Financial Year 2025-26.

Subsidiary, Joint Venture (JV) And Associate Companies

The Company does not have any subsidiary, associate or joint venture company.

Management Discussion & Analysis Report

A detailed report on the Management Discussion and Analysis in terms of the provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is provided as a separate chapter in the annual report.

Material Changes and Commitement Affecting Financial Position of the Company

There have been no material changes and commitments affecting the financial position of the Company which have occurred between the end of the financial year of the Company to which the financial statements relate and the date of this report.

Deposits

During the year under review, your Company has not accepted any deposits within the meaning of Sections 73 and 74 of the Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014 (including any statutory Modification(s) or re-enactment(s) for the time being in force).

Credit Ratings

Infomerics Valuation and Rating Ltd on 5th January 2026 has assigned the credit ratings on bank facilities of the Company.

Corporate Governance

The Company has taken the requisite steps to comply with the recommendations concerning Corporate Governance.

A separate statement on Corporate Governance together with a certificate from the practicing Company Secretary regarding compliance of conditions of Corporate Governance as stipulated under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 forms part of the Annual Report.

Change in the Nature of Business, if any

There was no change in the nature of business of the Company during the Financial Year ended 31st March, 2026

Directors and Key Managerial Personnel

All Independent Directors of the Company have given declarations that they meet the criteria of independence as laid down under Section 149(6) of the Act and Regulation 16(1)(b) of the Listing Regulations. In terms of Regulation 25(8) of the Listing Regulations, Independent Directors have confirmed that they are not aware of any circumstances or situation which exists or may be reasonably anticipated that could impair or impact their ability to discharge their duties.

All the Directors have also affirmed that they have complied with the Company's Code of Business Conduct & Ethics. In terms of requirements of the Listing Regulations, the Board has identified core skills, expertise and competencies of the Directors in the context of the Company's businesses, which are detailed in the Report on Corporate Governance.

Further, in terms of Section 150 of the Act read with Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014, Independent Directors of the Company have confirmed that they have registered themselves with the databank maintained by the Indian Institute of Corporate Affairs and have qualified the online proficiency self-assessment test or are exempted from passing the test as required in terms of Section 150 of the Act read with Rule 6 of the Companies (Appointment and Qualifications of Directors) Rules, 2014.

In the opinion of the Board, the Independent Directors fulfil the conditions of independence, are independent of the management, possess the requisite integrity, experience, expertise, proficiency and qualifications to the satisfaction of the Board of Directors. The details of remuneration paid to the Directors of the Company are provided in the Report on Corporate

As per the provisions of Section 203 of the Act, following are the Key Managerial Personnel of the Company as on the date of this Report:

1. Mrs. Sangeeta K Shah: Managing Director

2. Mr Ketan M Shah: Whole Time Director

3. Mr. Rajesh Kumar Acharya : Chief Financial Officer

During the year under review, the following changes took place in the Directors and Key Managerial Personnel of the Company:

1. Mrs Akanksha Kotwani (Membership No.46306) was resigned from the position of Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company for better career opportunities vide her resignation letter dated 21st August, 2025.

2. Mrs. Sakshi Jain, having Membership No. A73319 was appointed as the Company Secretary and Compliance officer of the Company with effect from 7th October 2025.

3. Mrs Sakshi Jain was resigned from the position of Company Secretary and Compliance officer with effect from 1st June , 2026.

4. Mr. Avinash Hariharno (DIN: 11689719) was appointed as an Additional Executive Director w.e.f. 28th May , 2026 for five years . His appointment was regularized by members on 2nd July, 2026 through a Postal Ballot.

5. Mr Palash Singhania (DIN: 06724674) was a appointed as an Additional Non Executive Independent Director w.e.f. 28th May , 2026 for five years . His appointment was regularized by members on 2nd July, 2026 through a Postal Ballot.

6. Mr Avinash Hariharno (DIN : 11689719)cease to hold the position of Chief Financial Officer (CFO) upon assuming charge as Whole-Time Director. The board approved the appointment of Mr. Rajesh Kumar Acharya as new Chief Financial officer of the Company with effect from May 28, 2026.

7. Mrs Smita Thakur (DIN: 11771223) was a appointed as an Additional Non Executive Independent Director w.e.f. 18th June , 2026 for five year and the same recommended to the shareholders for regularise her appointment at the ensuing AGM.

8. Mr Champak Dedhia (DIN:00044969) was completed his second term as Independent Director with effect from 31st July , 2026 and ceased to be Director of the Company

9. Pursuant to Sections 149, 152 and other applicable provisions of the Act, one-third of such Directors as are liable to retire by rotation, shall retire every year and, if eligible, offer themselves for re-appointment at every AGM. Accordingly, Mr Sajal Ghosh (10045814), Whole Time Director will retire by rotation at the ensuing AGM, and being eligible, offers himself for re-appointment in accordance with provisions of the Act.

10. Mr Shailesh Jain resigned from Directorship with effect from 5th June, 2026.

A brief resume of the directors being appointed/reappointed, the nature of expertise in specific functional areas, names of companies in which they hold directorships, committee memberships/chairmanships, their shareholding in the Company, etc., have been furnished in the explanatory statement to the notice of the ensuing AGM.

Performance Evaluation

Meeting the requirements of the statute and considering Board Performance Evaluation as an important step for a Board to transit to a higher level of performance, the Nomination and Remuneration Committee has laid down a comprehensive framework for carrying out the evaluations prescribed in the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The framework was developed to give all Board members an opportunity to evaluate and discuss the Board's performance openly from multiple perspectives and enhance governance practices within the Board. The framework describes the evaluation coverage and the process thereof.

A structured questionnaire each for evaluation was prepared and a separate exercise was carried out to evaluate the performance of individual Directors including the Chairman of the Board.

The performance evaluation of the Independent Directors was also carried by the entire Board. The performance evaluation of the Chairman, Managing Director & Executive Directors was carried out by the independent Directors at its separate meeting held on 07th February, 2026. The Directors expressed their satisfaction with the evaluation process.

Familiarisation Programme Of Independent Directors

The Company Conducts Familiarization Programme for the Independent Directors to provide them an opportunity to familiarize with the Company, its Management and its operations so as to gain a clear understanding of their roles, rights and responsibilities and contribute significantly towards the growth of the Company. The initiatives undertaken by the Company in this respect has been disclosed on the website of the Company at www.simplexcastings.com.

Nomination and Remuneration Policy

The remuneration paid to the Directors is in accordance with the Nomination and Remuneration Policy formulated in accordance with Section 178 of the Companies Act, 2013 and Regulation 19 of the Listing Regulations (including any statutory modification(s) or reenactments) for the time being in force). The silent aspects covered in the Nomination and Remuneration Policy has been outlined in the Corporate Governance Report which forms part of this report.

The Nomination and Remuneration Policy is accessed through weblink at https://www.simplexcastings.com/public/asset/docs/investor/code-of- conduct/policies/nomination-renumeration-policy.pdf

Criteria For Determining Qualifications, Positive Attributes and Independence Of A Director

In terms of the provisions of Section 178(3) of the Act and Regulation 19 of the Listing Regulations, the NRC has formulated the criteria for determining qualifications, positive attributes and independence of Directors, the key features of which are as follows:

Qualifications - The Board nomination process encourages diversity of thought, experience, knowledge, age, and gender. It also ensures that the Board has an appropriate blend of functional and industry expertise.

Positive Attributes - Apart from the duties of Directors as prescribed in the Act, the Directors are expected to demonstrate high standards of ethical behaviour, communication skills, and independent judgment. The Directors are also expected to abide by the respective Code of Conduct as applicable to them.

Independence - A Director will be considered independent if he/she meets the criteria laid down in Section 149(6) of the Act, the Rules framed thereunder and Regulation 16(1)(b) of the Listing Regulations, as amended from time to time.

Particulars Of Employees and Related Disclosures

The information required under Section 197 of the Companies Act, 2013 and Rule 5 (1) Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force is set out in the Annexure-I to this report.

The Company does not have any employee, whose particulars are required to be given pursuant to the provisions of section 197 of the Companies Act, 2013 read with Rule 5(2) & (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

The statement containing the names of top ten employees in terms of remuneration drawn and the particulars of employees as required under Section 197(12) of the Companies Act, 2013 read with Rule 5(2) of the aforementioned Rules will be made available on request sent to the Company on cs@simplexcastings.com.

Director's Responsibility Statement

Pursuant to Section 134(3)(c) and Section 134(5) of the Companies Act, 2013 (including any statutory modification's or re-enactments thereof for the time being in force), the Directors of the Company confirm that:

a. in the preparation of the annual accounts for the financial year ended 31st March, 2026, the applicable Accounting Standards and Schedule III of the Companies Act, 2013 have been followed and there are no material departures from the same;

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 as at 31st March, 2026 and of the profit and loss of the Company for the financial year ended 31st March, 2026;

c. proper and sufficient care has been taken 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 Accounts have been prepared on a going concern basis;

e. proper internal financial controls laid down by the Directors were followed by the Company and that such internal financial controls are adequate and operating effectively; and

f. proper systems to ensure compliance with the provisions of all applicable laws were in place and that such systems are adequate and operating effectively.

Meeting of Board and Committees

The details of the meetings of the Board of Directors and its Committees, convened during the financial Year 2025-26 are given in the Corporate Governance Report which forms a part of Annual Report.

Committees of the Board

The Board of Directors has the following Committees as on March 31, 2026:

a) Audit Committee

b) Nomination and Remuneration Committee

c) Stakeholder Relationship Committee

d) Corporate Social Responsibility Committee

The details of the Committees of the Board along with their composition, number of meetings and attendance at the meetings are provided in the Corporate Governance Report forming part of the Annual Report for the FY2025-26.

Separate Meeting Of The Independent Directors

During the year under review, the Independent Directors met on 07th February, 2026, without the attendance of Non-Independent Directors and members of the management, inter alia, to discuss on the following:

- To review the performance of the Non-Independent Directors and the Board as whole;

- Review the performance of the Chairperson of your Company, taking into account views of Executive/Non-Executive Directors; and

- Assess the quality, quantity and timeliness of flow of information between your Company's management and the Board that was necessary for the Board to effectively and reasonably perform their duties.

All the Independent Directors of the Company attended the separate Meeting of Independent Directors. Mr Champak K Dedhia chaired the Meeting.

Statutory Auditors and their Report

Pursuant to the provisions of Section 139 of the Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014 as amended from time to time, the members at the 44th Annual General Meeting held on September 28, 2024 had approved the appointment of M/s Harsh Jain & Associates, Chartered Accountants (Firm Registration No. 007639C), as the Statutory Auditors of the Company for a period of 5 (five) consecutive years from the conclusion of the 44th AGM till the conclusion of 49th AGM of the Company to be held in the year 2029.

M/s. Harsh Jain & Associates , Chartered Accountants, resigned as the Statutory Auditors of the Company on 6th August, 2026 effective from 14th August , 2026 due to other professional commitment .

To fill the casual vacancy caused by the resignation, the Board, based on the recommendation of the Audit Committee, appointed M/s. MDN & Associates (FRN: FRN.: 017665C ), as the Statutory Auditors with effect from 14th August , 2026 to hold office upto the ensuing AGM and for a further period of five consecutive years from the conclusion of the ensuing Annual General Meeting of the Company till the conclusion of the 51st Annual General Meeting . The proposal for their appointment will be considered at the ensuing AGM of the Company.

The Auditors have issued an unmodified opinion on the Financial Statements, for the financial year ended 31st March, 2026.

The Notes on financial statements referred to in the Auditors' Report are self-explanatory and do not call for any further comments.

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.

Cost Auditor and their Report

Pursuant to the provisions of Section 148 of the Act read with Companies (Cost Records and Audit) Rules 2014, M/s Sashi Ranjan & Co (FRN: 103830) have been reappointed as Cost Auditors for the financial year 2026-27 to conduct cost audit of the accounts maintained by the Company in respect of the various products prescribed under the applicable Cost Audit Rules. The remuneration of Cost Auditors has been approved by the Board of Directors on the recommendation of Audit Committee. The requisite resolution for ratification of remuneration of Cost Auditors by members of the Company has been set out in the Notice of ensuing AGM.

The Cost Audit Report for the financial year 2024-25, issued by M/s Sashi Ranjan & Co, Cost Auditors, in respect of the various products prescribed under Cost Audit Rules was filed with the Ministry of Corporate Affairs on 6th August, 2025.

Internal Auditor

The Board has approved the appointment of M/s Nistha Agrawal & Co (FRN:018418C) as Internal Auditors of the Company effective from 14th August , 2026 for the financial year 202627

Secretarial Auditor and their Report

M/s Meena Naidu & Associates, Practicing Company Secretaries, Bhilai, a peer reviewed firm of Company Secretaries in Practice had been appointed as Secretarial Auditors of the Company to conduct the Secretarial Audit of the Company for a period of 5 (five) years from FY 26 to FY 30, as required under Regulation 24A of SEBI (LODR) Regulations, 2015 Section 204 of the Companies Act, 2013 and other applicable provisions, if any, of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment & Remuneration of Managerial Personnel) Rules.

The Board of Directors of the Company based on the recommendations of the Audit Committee at its Meeting held on May 30, 2025 approved and recommended to the Shareholders for their approval and subsequently the said appointment was approved by the shareholders at the Annual General Meeting held on 27th September, 2025.

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed M/s Meena Naidu & Associates, Company Secretaries, (Membership no. A28193, CP No. 23853) to undertake the Secretarial Audit of the Company for the Financial Year 2025-26.

The Secretarial Audit Report for the financial year ended 31st March, 2026 is annexed herewith as Annexure II to this report.

The Secretarial Audit Report does not contain any qualification, reservation or adverse remark therefore, no details are required to be disclosed.

Details in Respect of Frauds Reported by Auditors other than those which are Reportable to the Central Government

The Statutory Auditors, Cost Auditor or Secretarial Auditor of the Company have not reported any frauds to the Audit Committee or to the Board of Directors under Section 143(12) of the Companies Act, 2013, including rules made thereunder.

Extract of Annual Return

Pursuant to Section 134(3)(a) and Section 92(3) of the Act read with Companies (Management and Administration) Rules, 2014, the Annual Return of the Company in Form MGT-7 has been placed on the Company's website and can be accessed at the following link: https://www.simplexcastings.com/investor/shareholders.

Disclosure on Cost Records

Pursuant to provisions of Section 134 of the Act read with Rule 8(5)(ix) of the Companies (Accounts) Rules, 2014 it is confirmed that maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Act, is required by the Company and accordingly such accounts and records are made and maintained.

Related Party Transactions

All Related Party Transactions (RPTs) entered into by the Company during the year under review were on an arms' length basis and in the ordinary course of business. These RPTs did not attract provisions of Section 188 of the Companies Act, 2013 and were also not material RPTs under Regulation 23 of the Listing Regulations. Given that the Company does not have anything to report pursuant to Section 134(3)(h) of the Act read with Rule 8(2) of the Companies (Accounts) Rules, 2014 in Form No. AOC- 2, therefore the same is not provided. All related party transactions are approved by the Audit Committee and are periodically reported to the Audit Committee. Prior approval of the Audit Committee was obtained on a periodic basis for the transactions which were planned and / or repetitive in nature and omnibus approvals were also taken as per the policy laid down for unforeseen transactions.

The Policy on Related Party Transactions as approved by the Board of Directors is available on the Company's website and accessed through weblink at https://www.simplexcastings.com/public/asset/docs/investor/code-of- conduct/policies/RPT POLICY.pdf.

The details of the transactions with related parties during FY 2025-26 are provided in the accompanying financial statements.

The transactions with person or entity belonging to the promoter/ promoter group which hold(s) 10% or more shareholding in the Company has been disclosed in the accompanying financial statement':.

Details of related party transactions entered into by the Company, in terms of Indian Accounting Standard 24 (Ind AS-24) have been disclosed in the notes to the Standalone financial statements forming part of this Integrated Report.

Particulars Of Loans, Guarantees Or Investments

Details of loans, guarantees and investments under the provisions of Section 186 of the Act read with the Companies (Meetings of Board and its Powers) Rules, 2014, as on 31st March, 2026, are set out in Notes to the Financial Statements of the Company.

Share Capital

The Authorised Share Capital of your Company is Rs 10,00,00,000/- consisting of 1,00,00,000 Equity Shares of the Face Value of Rs 10/- each.

The paid-up Equity Share Capital of your Company as on March 31, 2026 stood at Rs 8,19,92,470 /- consisting of 81,99,247 Equity Shares of the Face Value of Rs 10.00 each, fully paid-up.

During the financial year, the Company was allotted 297,248 equity shares to promoters and non-promoters on 26th August, 2025 through Preferential Issue . Subsequently, on 28th August, 2025, the Company was allotted 278,614 equity shares to Promoter Mr. Ketan Moolchand Shah, a promoter through Preferential issue pursuant to the consent of the members obtained through a Special Resolution passed at the Extraordinary General Meeting held on 21st June, 2025.

Further, on 28th March, 2026, the Company was allotted 420,043 equity shares to nonpromoters through Preferential Issue . Subsequently, on 31st March, 2026, the Company was allotted an additional 5,061 equity shares to non-promoters through Preferential Issue .The Company received listing approval on 16th April 2026 and trading approval on 29th April 2026. corporate action with NSDL and CDSL was pending as on 31st March 2026 to credit the said shares in dematerialized form.

Your Company has not issued equity shares with differential rights as to dividend, voting or otherwise; and does not have any ESOP Scheme for its employees/Directors. As on March 31, 2026, none of the Directors of the Company hold instruments convertible into Equity Shares of the Company.

Listing Of Shares

The Company Securities are listed on Bombay Stock Exchange and Calcutta Stock Exchange.

The Board of Directors in their meeting on 12th November, 2022 has approved the Delisting of the equity shares of the Company from The Calcutta Stock Exchange Ltd. (CSE) only in terms of Regulation 5 & 6 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations 2021. The Company has filed the delisting application before Calcutta Stock Exchange but Calcutta Stock Exchange has suspended the Company with effect from 5th April, 2023. and revoked the suspension with effect from 20th January, 2026.

Risk Management

The Company has in place comprehensive risk assessment and minimization procedures, which are reviewed by the Board periodically. The Company has been addressing various risks impacting the Company.

Vigil Mechanism

A Vigil Mechanism Policy for Directors and employees of the Company is constituted, to provide a mechanism which ensures adequate safeguards to employees and Directors from any victimization on rising of concerns of any violations of legal or regulatory requirements, incorrect or misrepresentation of any, financial statements and reports, etc.

All employees of the Company have access to the Chairman of the Audit Committee in case they want to report any concern. The Policy on Vigil Mechanism is available on your Company website.

During the year under review, the Company has not received any complaints under the Mechanism.

Corporate Social Responsibility :

The CSR Committee has formulated a CSR policy of the Company for undertaking the activities as specified in Schedule VII to the Companies Act, 2013. A copy of the CSR Policy has been posted on the website of the company at www.simplexcastings com and the weblink http://www.si m plexcasti ngs.com/i nvestors/code-of- conduct/docs/policies/Corporate Social Responsibility Policy.pdf.

The Annual Report on Corporate Social Responsibility activities during the year are set out in Annexure III of this Report in the format prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014.

Conservation Of Energy, Technology Absorption & Foreign Exchange Earnings And Outgo

Information on conservation of energy, technology absorption, foreign exchange earnings and outgo required to be given pursuant to Section 134(3) (m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014 is annexed herewith as Annexure - IV to this report.

Internal Financial Control

Internal Financial Controls are an integrated part of the risk management process, addressing financial and financial reporting risks. The internal financial controls have been documented, digitized and embedded in the business processes.

Assurance on the effectiveness of internal financial controls is obtained through management reviews, control self-assessment, continuous monitoring by functional experts as well as testing of the internal financial control systems by the internal auditors during the course of their audits. We believe that these systems provide reasonable assurance that our internal financial controls are designed effectively and are operating as intended.

Significant and Material Orders Passed by the Regulators/Courts

There are no significant and material orders passed by the Regulators or Courts or Tribunals which would impact the going concern status of the Company and its operation in future.

Investor Education And Protection Fund (IEPF)

A detailed disclosure with regard to the IEPF related activities undertaken by your Company during the year under review forms part of the Report on Corporate Governance.

The Nodal Officer for the purpose of IEPF is Company Secretary and the website address is www.simplexcastings.com.

Human Resource And Industrial Relations

Your Company believes that its employees are one of the most valuable assets of the Company. During the year under review, the Company organised various training programs at all level to enhance skill of the employees. The employees are deeply committed to the growth of the Company.

Details of Differences 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 Reason thereof :

Your Company has not made any one time settlement with any of its lenders.

Details of Applications Made or any Proceddings Pending Under the Insolvency and Bankruptcy 2016 :

No application pending under Insolvency and Bankruptcy Act 2016.

Compliance Of Secretarial Standard :

Your Company have complied with all Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) and approved by Central Government from time to time.

Environment, Health and Safety

The Company is conscious of the importance of environmentally clean and safe operations. The Company's policy requires conduct of operations in such a manner so as to ensure safety of all concerned, compliances of environmental and preservation of natural resources.

Disclosure Under Sexual Harassment of Women at the Workplace (Prevention, Prohibition & Redressal) Act, 2013

The Company has adopted zero tolerance for sexual harassment at the workplace and has formulated a policy on prevention, prohibition, and redressal of sexual harassment at the workplace in line with the provisions of the Sexual Harassment of Women at Workplace

(Prevention, Prohibition and Redressal) Act, 2013 and the rules thereunder for prevention and redressal of complaints of sexual harassment at workplace. Awareness programs were conducted at various locations of the Company.

The Company has complied with provisions relating to the constitution of the Internal Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

The details with respect to such complaints and its status thereto, is as under:

Maternity Benefit Act, 1961

the Company has complied with the applicable provisions of the Maternity Benefit Act, 1961;

Acknowledgement

The Board of Directors would like to express their sincere appreciation for the assistance and co-operation received from the financial institutions, banks, Government authorities, customers, vendors and members during the year under review. The Board of Directors also wish to place on record its deep sense of appreciation for the committed services by the Company's executives, staff and workers.