Respected Shareholders of

We are pleased to present the 9^IhAnnual Report of the company, along with the Audited Accounts for the period from 1^stApril, 2022 to 31^st March, 2023

The Company's financial performance for the year under review along with previous year's figures is given here under:

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

No Dividend was declared for the current financial year.

4. Transfer of Unclaimed Dividend to Investor Education and Protection Fund

Since there was no Dividend declared and paid last year, the provisions of Section 125 of the Companies Act, 2013 do not apply.

There were no qualifications, reservations or adverse remarks made by the Auditors in their report, fhe provisions relating to submission of Secretarial Audit Report is not applicable to the Company.

The management of the Company maintains adequate control system over the company affairs/process. Their scope of work includes review of processes for safeguarding the assets of the Company, review of operational efficiency, effectiveness of systems and processes, and assessing the internal control strengths in all areas. If any failure/ weakness have been noticed, are discussed with the management and suitable corrective actions taken as per the policy of company on an ongoing basis to improve efficiency in operations.

There were no loans, guarantees or investments made by the Company under Section 186 of the Companies Act, 2013 during the year under review.

All related party transactions that were entered into during the financial year were on an arm's length basis and were in the ordinary course of business.

No material changes and commitments affecting the financial position of the Company occurred between the ends of the financial year to which these financial statements relate on the date of this report.

Information on conservation of Energy & Technology Absorption and Foreign Exchange Earnings and Outgo Pursuant to section 134 (3) (m) of the companies Act, 2013, read with Companies (Accounts) Rules,8(3) is not applicable to the Company.

The company does not have any Risk Management Policy as the elements of risk threatening the Company's Existence are very minimal.

Information required to be given under Section 197 (12) of the Act, read with Rule 5 (1) of Companies ( Appointment and Remuneration of Managerial Personnel) Rules, 2014 is not applicable to the Company as no employee was in receipt of remuneration in excess of limit set out for disclosure in Director's Report under the said section.

The provision of Section 178(1) relating to constitution of Nomination and Remuneration Committee are not applicable to the Company and hence the Company has not devised any policy relating to appointment of Directors, payment of Managerial remuneration. Directors qualifications, positive attributes independence of Directors and other related matters as provided under Section 178(3) of the Companies Act, 2013.

The extracts of Annual Return pursuant to the provisions of Section 92 read with Rule 12 of the Companies (Management and Administration) Rules, 2014 is furnished in attached to this Report.

1) That applicable Accounting Standards have been followed in the preparation of annual accounts.

2) That appropriate accounting policies have been selected so as to provide a true & fair view of the state of affairs of the company as at 31^s' March 2023 and the profit of the company for the year ended on 31^st March 2023.

3) That 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 and

4) That the Annual accounts have been prepared on an on-going concern basis.

5) That the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

The Company has neither accepted nor renewed any deposits during the year.

No changes during FY 2022-23

The provisions of Section 149 pertaining to the appointment oflndependent Director do not apply to our Company.

M/s. Kumar Vijay Gupta & Co., Chartered Accountants, having FRN 007814N have been appointed for 5 years till the Financial year 2023-24, and in this Annual General Meeting their appointment shall be ratified by shareholders, from the conclusion of this Annual General Meeting to the conclusion of next Annual General Meeting.

The Company has received a certificate from the above Auditors to the effect that if they are reappointed, it would be in accordance with the provisions of Section 141 of the Companies Act, 2013.

The Provisions of Section 177 of the Companies Act, 2013 read with Rule 6 and 7 of the Companies (Meetings of the Board and its Power) Rules, 2013 is not applicable to the Company.

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

The Company has not issued any sweat equity shares during the year under review.

No Bonus Shares were issued during the year under review.

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

Your Directors take this opportunity to thank all team members for their commitment and active contributions. Your directors' thank and express their gratitude for the support and co-operation received from our governments, Bankers, Customers, shareholders etc. for their continued faith, support and co-operation.