Dear Members of
AKG EXIM LIMITED

Your Directors are pleased to present the 20th Annual Report together with the Audited Financial Statements
of the Company for the financial year ended 31 st March, 2025.

The Financial highlights for the year under review are given below: -

On Standalone basis for the year 2024-25, your Company has achieved a Net Profit after tax of Rs. 49.20 Lacs
as against Rs. 107.88 Lacs in the year 2023-24. The total turnover including other income for the year 2024-25
stood at Rs. 6983.72 Lacs as compared to Rs. 10430.75 Lacs for the year 2023-24.

Your Company has achieved a consolidated turnover of Rs. 1 3297.48 lacs during the year under review as against
the consolidated turnover of Rs. 18440.76 Lacs in the last year 2023-24.

The Board of Directors has not recommended any Dividend on paid up share capital during the year ended 31 st
March, 2025.

The Authorized Share Capital of your Company as on 31 st March, 2025 stood at Rs. 32,50,00,000/- divided into
3,25,00,000 equity shares of Rs.10/- each.

The Issued & Subscribed Paid-Up Share capital of the Company as on 31st March, 2025 stood at to
Rs.31,77,65,760/- divided into 3,17,76,576 equity Shares of Rs.10/- each.

During the year under review, the Board of Directors has not transferred any amount to the General Reserve.

As per the provisions of Section 125 of the Companies Act, 201 3, deposits / dividend remaining unclaimed for a
period of seven years from the date they become due for payment have to be transferred to Investor Education
& Protection Fund (IEPF) established by the Central Government.

During the year under review, there has been no any unclaimed deposit/dividend remaining to transfer.

No significant and material orders have been passed by the regulators or courts or tribunals against the Company
impacting the going concern status and Company's operations in future.

During the Financial Year 2024-25, your Company had below mentioned Subsidiary Companies.:

1. M/s. ASRI Trade Pte. Ltd.

2. M/s. BKS Metalics Pvt. Ltd. (removed Subsidiary w.e.f. 13.09.2024 due of transfer / sold of 51% of
shareholding in the company by AKG Exim Ltd. to Mrs. Madhu Khandelwal relative of Mr. Chander
Praksh Khandelwal who owns 49% shares in the BKS Metalics Pvt. Ltd.)

A separate statement containing the salient features of Financial Statements of subsidiaries of your Company
prescribed in Form AOC-1 forms part of Consolidated Financial Statements in compliance with Section 129 and
other applicable provisions, if any, of the Companies Act, 2013 (Act) read with Rule 5 of the Companies
(Accounts) Rules, 2014 (as amended) is set out as "Annexure I" to this Report,

In accordance with Section 1 36 of the Act, the Audited Financial Statements, including the Consolidated Financial
Statements and related information of the Company and the financial statements of each of the subsidiary
companies, are available on our website at www.akg-global.com. The Company's Policy for determining material
subsidiaries may be accessed on the website of the Company at www.akg-global.com.

The Board had constituted the Sub Committee for dealing with the day-to-day matters of the Company.
The Committee of your Company comprises of the following members: -

A separate meeting of Independent Directors, pursuant to Section 149(7) read with Schedule VI of the
Companies Act, 201 3 and Regulation 25 was held on 17th February, 2025.

In Compliance with Regulation 25(7) of the SEBI (Listing Obligations and disclosure Requirements) Regulations,
2015, the company has put in place the familiarization program for the Independent directors to familiarize them
with their roles, rights, responsibilities in the Company, nature of the industry in which the Company operates,
business model of the company, roles rights and their responsibilities and any other relevant matters if any
through various programs. The Policy on Familiarization programs for independent directors adopted by the
Board is also available on the company's website at www.akg-global.com.

During the year under review, the provisions of the Section 1 35 of the Companies Act, 201 3 are not applicable
on the Company.

Pursuant to Section 1 34(3)(b), details of Board Meetings held during the year are given in the report on
Corporate Governance which forms part of this Annual Report.

During the year ended 31 st March, 2025, the Board of Directors of your Company met Six (06) times details of
which are given in the Corporate Governance Report. The intervening gap between the meetings was within
the period prescribed under the Companies Act, 2013.

As a part of its philosophy of adhering to the highest ethical standards, transparency and accountability, your
Company has historically adopted the practice of undertaking related party transaction in ordinary course of
business and on arm's length basis. In line with the Companies Act, 201 3 and Listing Regulations, the Board has
approved the policy on related party transaction and the same is placed on the website of the Company.

During the year under review, your Company has entered into any contract or arrangements or transactions
with related parties.

During the financial year 2024-25, your Company has entered into transactions with related parties as defined
under Section 2(76) of the Companies Act, 2013. All transactions with related parties were reviewed and
approved by the Audit Committee. All related party transactions that were entered were on an arm's length
basis and were in the ordinary course of business.

There are no materially significant related party transactions made by the Company with Promoters, Directors,
Key Managerial Personnel or other designated persons which may have a potential conflict with the interest of
the Company at large.

Disclosures of transactions of the listed entity with any person or entity belonging to the promoter/promoter
group which hold(s) 10% or more shareholding in the listed entity, in the format prescribed in the relevant
accounting standards for annual results - Not Applicable.

Form AOC-2 pursuant to Section 1 34(3)(h) of the Companies Act, 201 3 read with Rule 8(2) of the Companies
(Accounts) Rules, 2014 is set out as "Annexure III" to this Report.

During the year under review, No Loans provided by your Company, under Section 186 of the Companies Act,
201 3 read with The Companies (Meeting of Board and its Powers) Rules, 2014.

During the year under review, your Company has not made the investment under Section 186 of the Companies
Act, 201 3 read with The Companies (Meeting of Board and its Powers) Rules, 2014.

During the year under review, your Company has not given any guarantee or provided any security to any
person or Body Corporate in accordance with Section 186 of the Companies Act, 2013 read with the rules
issued thereunder.

Your Company has evaluated a risk management to monitor the risk management plan for the company. They
ensures that all the risks are timely defined and mitigated in accordance with the risk management process
including identification of elements of risk which might threaten the existence of your Company.

The salient features of the Nomination and Remuneration Policy of the Company and other matters provided
in Section 178(3) of the act are set out in the Corporate Governance Report which forms part of this Annual
Report.

The said policy of the Company, inter alia, provides that the Nomination and Remuneration Committee shall
formulate the criteria for appointment & re-appointment of directors on the Board of the Company and persons
holding senior management positions in the Company, including their remuneration and other matters as
provided under Section 178 of the act and Listing Regulations. The Nomination and Remuneration Policy is
available on the website of the Company at www.akg-global.com.

The remuneration paid to the directors, key managerial personnel and senior management is in accordance with
the Nomination and Remuneration Policy formulated in accordance with Section 178 of the Act and Regulation
19 of the Listing Regulations.

The Company has in place an established and effective mechanism called the Vigil Mechanism Policy which is in
compliance with the provisions of Section 177(10) of the Companies Act, 201 3 and Regulation 22 of the Listing
Regulations.

The mechanism under the policy has been appropriately communicated within the Company. The purpose of
this policy is to provide a framework to promote responsible whistle blowing by employees. It protects
employees wishing to raise a concern about serious irregularities, unethical behavior, actual or suspected fraud
within the Company.

The concerned employees can directly access the Vigilance Officer/ Managing Director/ Chairman of the Audit
Committee through e-mail, writing and telephone for reporting the matter.

Your Company has always believed in providing a safe and harassment free workplace for every individual
working in the premises of the Company. Your Company always endeavours to create and provide an
environment that is free from discrimination and harassment including sexual harassment.

In view of the same, your Company has adopted a policy on prevention, prohibition and redressal of Sexual
Harassment at Workplace in line with the requirements of the Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 201 3 and the rules framed there under for prevention and redressal
of complaints of sexual harassment at workplace.

During the year under review, your Company has not received any complaint from any of its employee, hence,
no complaint is outstanding for redressal.

The Company hereby declares that it has not duly complied with the provisions of the Maternity Benefit Act,
1961 during the year under review.

However, the Company is taking necessary steps to ensure full compliance with the statutory requirements,
including extension of maternity benefits such as paid leave, continuity of salary and service during the leave
period, and post-maternity support measures, to all eligible women employees in accordance with the Act.

The management remains committed to rectifying the gaps at the earliest and to fostering an inclusive and
supportive work environment that upholds the rights and welfare of its women employees in line with applicable
laws.

During the year under review there have been no other material changes and commitments affecting the financial
position of the Company which occurred between the end of the Financial Year of the Company as on 31st
March, 2025 and the date of this report.

The disclosures required to be made under the provisions of Section 1 34(3)(m) of the Companies Act, 201 3
read with Rule 8 of the Companies (Accounts) Rules, 2014 in respect of conservation of energy, technology
absorption is not applicable to the Company as the Company is not involved in any manufacturing processing.
The Company mainly engaged in the Trading of various products.

Foreign exchange inflow of the Company during the year were Rs. 21,11,104.92/- and outgo during the year was
Rs. 47,78,548.54/-.

The Company is well equipped with adequate internal financial controls. The Company has a continues
monitoring mechanism which enables the organization to maintain the same standards of the control systems
and help them in managing defaults, if any, on timely basis because of strong reporting mechanism followed by
the Company.

The Audit Committee which meets at regular intervals also reviews the internal control systems with the
Management and the internal auditors. The internal audit is conducted at the registered office of the Company
and covers all key areas. All audit observations and follow up actions are discussed with the Management as also
the Statutory Auditors and the Audit Committee reviews them regularly.

99.99% equity shares of the Company are in Demat form. 1600 Equity shares are in physical form.

In compliance with Regulation 34 of the Listing Regulations read with Schedule V thereto, a separate Corporate
Governance Report of your Company for the Financial Year ended March 31, 2025 is annexed as
"ANNEXURE-IV" along with a certificate from M/s. Dharam Taneja Associates, Chartered Accountants
confirming compliance with requirement of corporate governance forms an integral part of this report.

The Management discussion and analysis report has been separately furnished in the Annual Report and is
annexed as "ANNEXURE-V".

The Board of Directors affirms that the Company has complied with the applicable Secretarial Standard issued
by the Institute of Company Secretaries of India (ICSI) {SS 1 and SS2} respectively relating to meetings of Board
and Committees which have mandatory applications.

During the year under review, No employees were in receipt of remuneration of Rs. 1.20 Crores or more per
annum or Rs. 8.50 Lakhs per month if employed for part of the year, hence, the particulars required to be
reported under Rule 5(2) and Rule 5(3) of The Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014.

During the year under review the relations with the employees has been cordial. Your directors place on records
their sincere appreciation for services rendered by the employees of the Company.

Pursuant to the provisions of Section 1 34 of the Act, Yours Directors to the best of their knowledge and belief
hereby confirms that:

(i.) in the preparation of the annual accounts for the year ended 31st March, 2025, the
applicable accounting standards have been followed along with proper explanation
relating to material departures, if any;

(ii.) they have selected such accounting policies and applied them consistently and made
judgments and estimates that are reasonable and prudent so as to give a true and fair
view of the state of affairs of the Company as at 31st March, 2025 and of the profit of the
Company for the year ended on that date;

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

(iv.) they have prepared the annual accounts on a "going concern" basis;

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

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

Pursuant to the provisions of the Companies Act, 201 3 read with the rules issued thereunder and the Listing
Regulations (including any statutory modification(s) or re-enactment(s) for the time being in force), the process
for evaluation of the annual performance of the Directors, Board and Committees was carried out.

Regulation 17 of the Listing Regulations mandates that the Board shall monitor and review the Board evaluation
framework. The Companies Act, 201 3 states that a formal annual evaluation needs to be made by the Board of
its own performance and that of its committees and individual Directors.

The Independent Directors at their separate meeting review the performance of Non-Independent Directors
and the Board as a whole, Chairperson of the Company after taking into account the views of Executive Director
and Non-Executive Directors, the quality, quantity and timeliness of flow of information between the Company
management and the Board that is necessary for the Board to effectively and reasonably perform their duties.

The evaluation of all the Directors, the Board and Committees as a whole was conducted based on the criteria
and framework adopted by the Board. The evaluation process has been explained in the Corporate Governance
Report section in this annual report

The provisions of Section 125(2) of the Companies Act, 2013 do not apply as there was no dividend declared
and paid last year.

Company has adopted Indian Accounting Standard (Ind AS) notified by MCA and the relevant provision of the
Companies Act, 201 3 and the general circulars issued by the Ministry of Corporate Affairs from time to time.

It is our strong belief that caring for our business constituents has ensured our success in the past and will do
so in future. The Board acknowledges with gratitude the co-operation and assistance provided to the company
by its bankers, financial institutions, and government as well as Non-Government agencies. The Board wishes to
place on record its appreciation to the contribution made by employees of the company during the year under
review.

The Company has achieved impressive growth through the competence, hard work, solidarity, cooperation and
support of employees at all levels. Your Directors gives their sincere gratitude to the customers, clients, vendors
and other business associates for their continued support in the Company's growth.

The Board also takes this opportunity to express its deep gratitude for the continued co-operation and support
received from its valued shareholders