Lloyds Enterprises Ltd

To,

The Members,

Your Directors are pleased to present the Company's 39^th (Thirty-Ninth) Annual Report of the Company along with the Audited Standalone and Consolidated Financial Statement for the Financial Year ("FY") ended 31^st March, 2025.

The Audited Financial Statements of your Company as on 31^st March, 2025, are prepared in accordance with the relevant applicable Indian Accounting Standards ("Ind AS") and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and the provisions of the Companies Act, 2013 ("Act").

The summarized financial highlights are depicted below:

( ' in Lakhs)

The Company has a net profit of ' 1,642.80 lakhs for the year under review as against ' 7,223.66 lakhs profit in the last year. The total Income of the Company for the year under review was ' 62,676.35 lakhs as against ' 40,895.29 lakhs during the last year.

The Company has consolidated net profit of '12,337.76 lakhs for the year under review as against ' 17,480.02 lakhs profit in the last year. The total consolidated income of the Company was ' 1,57,093.04 lakhs for the year under review as against ' 1,09,375.41 lakhs during the last year.

The Equity Shares of the Company w.e.f. 17^th October, 2024 have been actively listed and traded on National Stock Exchange of India Limited ("NSE") along with being listed and traded on Bombay Stock Exchange Limited. With this the equity shares of the Company are being listed and traded on two most leading Stock Exchanges in India.

Pursuant to the provisions of Regulation 34(2)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule V of the Regulations, a separate section on the Management Discussion and Analysis Report ("MDAR"), which includes details on the state of affairs of the Company forms part of this Annual Report.

Pursuant to the provisions of Regulation 34(2)(f) of the SEBI Listing Regulations the Business Responsibility and Sustainability Report ("BRSR") describing the various initiatives taken by the Board of Directors of the Company forms part of this Annual Report.

The Consolidated Financial Statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Act read together with Companies (Indian Accounting Standards) Rules, 2015 (as amended) and forms part of this annual report. In accordance with Section 136 of the Act the Audited Financial Statements including Consolidated Financial Statements and related information of the Company and audited accounts of each of subsidiaries are available of the website of the Company at www.llovdsentemrises.in

The Board of Directors of the Company reviewed the affairs of the Subsidiaries/ Associate of the Company. Pursuant to the provisions of Section 129 (3) of the Act and the Companies (Accounts) Rules, 2014, the salient features of the Financial Statement of each of our Subsidiaries/ Associate are set out in the Form AOC-1, which forms a part of the Financial Statements section of this Annual Report.

• Lloyds Engineering Works Limited.

• Lloyds Realty Developers Limited (formerly known as Aristo Realty Developers Limited).

• Indrajit Properties Private Limited.

Step down Subsidiary Companies:

• Simon Developers and Infrastructure Private Limited.

• Techno Industries Private Limited.

Associate Companies:

• Cunni Realty and Developers Private Limited.

• Adithyapower Refractories and Insulation Private Limited.

Lloyds Enterprises Limited ("LEL") was initially holding 12.25 % equity stake in Lloyds Infrastructure & Construction Limited ("LICL"), has made further acquisition of 12.25 % equity stake in LICL on 30^th January, 2025 and pursuant to the said acquisition, LICL became an Associate Company of LEL, with an aggregate equity stake of 24.50 % of total paid-up capital of LICL. Subsequently, following an increase in the paid-up share capital of LICL, LEL's equity stake was diluted to 24.20% total paid-up capital of LICL.

In accordance with Section 129(3) of the Act and Regulation 34(2) of SEBI Listing Regulations, we have prepared the consolidated financial statements of the Company, which form part of this Annual Report.

Further, a statement containing the salient features of the financial statements of our associate and subsidiaries in the prescribed format AOC-1 is appended as "Annexure A" to the Board's report. The statement also provides details of the performance and financial position of the associate.

The paid - up equity capital of the Company as on 31^st March, 2025 was 1,27,21,26,621. The said shares are listed on BSE Limited ("BSE") and National Stock Exchange of India Limited ("NSE"). There was no change in the paid - up capital of the Company during FY 2024-25.

During the year under review, there was no change in the authorised capital of the Company. Your Company has neither issued any shares with differential rights as to dividends, voting or otherwise nor issued any sweat equity shares during the year under review.

Your Company does not have any equity shares with differential rights and hence no disclosures is required to be given under Rule 4(4) of the Companies (Share Capital and Debentures) Rules, 2014.

During the year under review, your Company has not issued any sweat equity share and hence no disclosures is required to be given under Rule 8(13) of the Companies (Share Capital and Debentures) Rules, 2014.

The Company has not issued any Preferential issue of Equity Shares.

During the year under review, the Company has not made any allotment of Equity Shares to its ESOP Trust under its ESOP Policy (i.e. "LLOYDS ENTERPRISES LIMITED EMPLOYEE STOCK OPTION PLAN - 2025").

During the year under review the following shares were transferred between the promoters of the Company:

During the year under review, there was no change in the nature of business of the Company.

The year under review saw the following changes to the Board of Directors ("Board").

During the Financial Year under review, pursuant to the provisions of Section 149, 150 152 and 161 read with Schedule IV of the Companies Act, 2013, the Companies (Appointment and Remuneration of Managerial Personnel) and based on the recommendation of the Nomination and Remuneration Committee, Mr. Jagannath P. Dange (DIN:01569430) was appointed as Non-Executive, Independent Director of the Company, for a term of 5 (five) consecutive years with effect from 25^th October, 2024 till 24^th October, 2029, not liable to retire by rotation.

The Members of the Company vide resolution passed by Postal Ballot on 19^th January, 2025, have approved Mr. Jagannath P. Dange's appointment as a Non-Executive, Independent Director of the Company.

In the opinion of the Board, Mr. Jagannath P. Dange is a Commerce and Law Graduate, and has done postgraduation in Business Administration Development from Nagpur University, Pune University and Bath University from U.K. He commenced his career as an IAS officer in 1973 in Maharashtra Cadre. He has served for more than 38 years in different positions including districts, Government of Maharashtra and Government of India and gained hands-on experience for the management of Government organizations, Public Sector undertakings and NGOs.

During the Financial Year under review, pursuant to the provisions of Section 149, 150 152 and 161 read with Schedule IV of the Companies Act, 2013, the Companies (Appointment and Remuneration of Managerial Personnel) and based on the recommendation of the Nomination and Remuneration Committee, Mr. Satish Kumar Gupta (DIN: 02914009) was appointed Independent Director of the Company, for term of five consecutive years commencing from 10^th December, 2024 till 09^th December, 2029, not liable to retire by rotation.

The Members of the Company vide resolution passed by Postal Ballot on 19^th January, 2025, have approved the appointment of Mr. Satish Kumar Gupta (DIN: 02914009) as a Non-Executive, Independent Director of the Company.

In the opinion of the Board, Mr. Satish Kumar has completed Business Management from XLRI, Jamshedpur and is a mechanical engineering graduate from Delhi University. He was previously associated with Bharat Heavy Electronics Limited (BHEL), ICICI Bank, Turnaround Management Association (TMA) (a Chicago based global firm focusing on recognition of corporate restructuring and turnarounds). His expertise includes financial management, corporate credit with in-depth knowledge of legal framework and in-depth knowledge and understanding of industries operating in iron and steel, infrastructure, auto ancillaries' sectors.

During the Financial Year under review, pursuant to the provisions of Section 161 of the Act and based on the recommendation of the Nomination and Remuneration Committee, and based on the evaluation of the balance of skills, knowledge, experience and expertise considered Mr. Vikram Chandrakant Shah (DIN: 00824376) was reappointed as Non-Executive, Independent Director of the Company, for second term of five consecutive years commencing from 05^th February, 2025 to 04^th February, 2030, not liable to retire by rotation.

The Members of the Company vide resolution passed by Postal Ballot on 19^th January, 2025, have approved Mr. Vikram Chandrakant Shah (DIN: 00824376) reappointment as a Non-Executive, Independent Director of the Company.

In accordance with the provisions of the Section 152 of the Act, and the Articles of Association of the Company, Mr. Rajesh Gupta, Director (DIN: 00028379) of the Company retires by rotation and being eligible offers himself for reappointment at ensuing 39^th AGM.

Detailed profile of Mr. Rajesh Gupta seeking re-appointment at the forthcoming AGM as required under Secretarial Standard on General Meetings and Regulation 36 of the Listing Regulation is provided separately by way of an Annexure to the Notice of AGM.

During the FY under review, Mr. Nurani Krishnamoorthy Mohan (DIN: 02542406), ceased to be Non-Executive, Independent Director of the Company, with effect from the close of business hours on 13^th January, 2025 due to completion of their term as Independent Directors of the Company.

The Board places on record its appreciation for the guidance and support provided by them during their association with the Company.

ENTERPRISES.^^^^ 13^th February, 2025 and 29^th March, 2025. The details of the meeting are provided in the Corporate Governance Report, which forms part of this Annual Report. The maximum interval between any two meetings did not exceed 1 20 days as required under Regulation 17 of the SEBI Listing Regulations, Section 173 of the Act and Secretarial Standard on Meetings of the Board of Directors.

As on 31^st March, 2025, the Board had 05 (Five) Committees which are mandatory under the Companies Act, 2013 and the SEBI (Listing Regulations and Disclosure Requirements), 2015, viz: Audit Committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee, Corporate Social Responsibility Committee and Risk management Committee. Also, for the purpose of ensuring that the Company's investments are managed in a way that aligns with the organization's goals and objectives, the Company has Investment Committee. A detailed note on the composition of the Board and its Statutory Committees is provided in the Corporate Governance Report that forms part of this Annual Report.

Pursuant to the corporate governance requirements as prescribed in the Act and the SEBI Listing Regulations, the annual evaluation of the Board of Directors, individual directors and Committees was conducted.

The exercise for evaluation was carried out through a structured questionnaire specifically designed for the Board, Committees and Individual Directors. The Board's functioning was evaluated on various aspects, inter alia, including its structure, strategic direction, meeting effectiveness, stakeholder value and responsibility, performance management, information management, governance, compliance and overall performance metrics. The Directors were evaluated on aspects such as strategy, function, ethics and values, team player, self-development and other general criteria.

The performance of the Committees was evaluated by the Board after seeking inputs from the committee members based on criteria. The criteria are broadly based in line with the Guidance note on Board Evaluation issued by the Securities and Exchange Board of India vide its circular dated 5^th January, 2017.

In a separate meeting of Independent Directors, performance of non-independent directors, the Board as a whole and the Chairman of the Company was evaluated, taking into account the views of other directors. The Directors were satisfied with the evaluation results, which reflected the

overall functioning of the Board and its Committees. The performance evaluation of all the Independent Directors was done by the entire Board of Directors of the Company, excluding the independent director being evaluated.

The Company has received declarations from the Independent Directors confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Act read with Regulation 16(1 )(b) of the SEBI Listing Regulations. In terms of Regulation 25(8) of the SEBI Listing Regulations, the Independent Directors have confirmed that they are not aware of any circumstances or situations which exist or may be reasonably anticipated that could impair or impact their ability to discharge their duties.

In the opinion of the Board, there has been no change in the circumstances which may affect their status as independent directors of the Company and the Board is satisfied of the integrity, expertise, and experience (including proficiency in terms of Section 150(1) of the Act and applicable rules thereunder) of all Independent Directors on the Board. 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 about their enrolment in the data bank of Independent Directors maintained by the Indian Institute of Corporate affairs.

The Board is of the opinion that all the Independent Directors including Independent Directors appointed during the year, if any, are persons possessing integrity and have relevant expertise and experience in their fields.

The familiarization Programme is to update the Directors on the roles, responsibilities, rights and duties under the Act and other statutes and about the overall functioning and performance of the Company.

The Independent Directors have complete access to the information within the Company. As a part of Agenda of Board/Committee Meetings, presentations are regularly made to the Independent Directors. The detailed discussions and presentations on the sales, credit and operations of the Company, business plans, financials, risks and mitigation plans, compliances, major litigation, regulatory scenario etc. are facilitated by the Company's senior management. It remains the constant endeavor of the Company to continually update its Directors on the various developments, facilitate interaction with various functional and department heads of the Company and external experts.

The policy and details of familiarization Programme conducted during the FY 2024-25 is available on the Company's website at https://www.llovdsenterDrises.in/

During the year under review, the Independent Directors met on 17^th March, 2025, without the attendance of NonIndependent Directors and members of the management.

The Independent directors reviewed the performance of Non-Independent Directors, the Committees and your Board as a whole along with the performance of the Chairman of your Company, taking into account the views of Executive Directors and Non-Executive Directors and assessed the quality, quantity and timeliness of flow of information between the management and your Board that is necessary for your Board to effectively and reasonably perform their duties.

All the Independent Directors were present at these meetings. The observations made by the Independent Directors have been adopted and put into force.

In accordance with the provisions of the SEBI Listing Regulations and the Act, the Company has formulated and implemented the following policies. All the Policies are available on Company's website (https://www.llovdsenterDrises.in/index.DhD/corDorate-policies/) under the heading "Corporate Policies." The policies are reviewed periodically by the Board and updated based on need and requirements.

The Company has established a whistle blower policy/ vigil mechanism as per Section 177(9) of the Act, read with Rule 7 of the Companies (Meeting of the Board and its Powers) Rules, 2014 and Regulation 22 of the SEBI Listing Regulations, for the directors and employees of the Company, to report their unethical or improper activities and financial irregularities. The policy also provides for adequate safeguards against victimization of directors, or employees or any other person who has availed the mechanism and provides for direct access to the Chairperson of the Audit Committee in appropriate or exceptional cases. No person has been denied access to the chairman of the Audit Committee. The Audit Committee monitors and reviews the investigations of the whistle blower complaints.

Mr. Rajesh Gupta, Director of the Company, has been designated as the "Whistle Blowing Officer" for various matters related to Vigil Mechanism.

The Whistle Blower & Vigil Mechanism policy can be accessed on the Company's website at https://www.lloydsenterprises. in/index.DhD/corDorate-Dolicies/

All related parties' transactions were placed before the Audit Committee for its approval. An omnibus approval from Audit Committee was obtained for the related party transactions which are repetitive in nature.

All the transactions with the related parties entered during the year under review, were on arm's length basis and in ordinary course of business.

In accordance with the requirements of Act and the SEBI Listing Regulations, the Company has formulated a Policy on Related Party Transactions for identification and monitoring of such transactions. The policy regulates all transactions taking place between the Company and its related parties, in accordance with the applicable provisions.

The policy on Related Party Transaction is available on the Company's website can be accessed on the Company's website at httDs://www.llovdsenterprises.in/index.DhD/ corporate-policies/

The Company has laid down a Code of Conduct for all the Directors and the Senior Management of the Company which is available at httDs://www.llovdsenterprises.in/

All the Directors and Senior Management of the Company have affirmed compliance with the Code for the FY ended 31^st March, 2025. A declaration to this effect signed by the Managing Director of the Company is annexed to the Report.

The Company has formulated the Risk Management policy in compliance with the provisions of the Act and the SEBI Listing Regulations, to identify risks and minimize their adverse impact on business and strive to create transparency.

The policy helps to identify the various elements of risks faced by the Company, which in the opinion of the Board, threatens the existence of the Company. The Company employs a structured approach to risk management, which encompasses risk identification, risk evaluation, risk mitigation, and risk monitoring.

The Risk Management Policy can be accessed on the Company's website at httDs://www.llovdsenterDrises.in/ index.DhD/corDorate-Dolicies/

In line with the requirements of Section 178 of the Act and Regulation 19 of the SEBI Listing Regulations, the Company has in place a Nomination & Remuneration Policy

which provides for the processes relating to selection, appointment and remuneration of directors, key managerial personnel and senior management employees including other matters as provided. It also provides for effective evaluation of performance of the Board, its committees and individual directors.

Kindly refer to the section on Corporate Governance, under the head, ‘Nomination and Remuneration Committee' for matters relating to constitution, meetings, functions of the Committee and the remuneration policy formulated by this Committee.

The Nomination and Remuneration Policy can be accessed on the Company's website at https://www.llovdsenterprises. in/index.DhD/corporate-Dolicies/

As per the requirements of the SEBI Listing Regulations, the Company has formulated a policy for determination of materiality-based events.

The Policy for Determination of materiality of an event or information policy can be accessed on the Company's website at https://www.llovdsenterprises.in/index.php/ corporate-policies/

In line with the requirements of Regulation 9 of the SEBI Listing Regulations, the Company has adopted the policy on preservation of the documents.

The policy on preservation of documents can be accessed on the Company's website at https://www.llovdsenterprises. in/index.DhD/corporate-Dolicies/

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, (hereinafter "SEBI PIT Regulations") the Company has adopted the Insider Trading Code. The Code provides framework for dealing with the securities of Company in a mandated manner.

The above Insider Trading-code of conduct can be accessed on the Company's website at https://www.llovdsenterprises. in/index.DhD/corDorate-Dolicies/

Pursuant to SEBI PIT Regulations, the Company has formulated a written policy and procedure for:

1. inquiry in case of leak of unpublished price sensitive information for initiating appropriate action on becoming aware of leak of unpublished price sensitive information;

2. informing the Board promptly of such leaks, inquiries and results of such inquiries.

Pursuant to this regulation, the Company has adopted the Policy for Procedure of Inquiry in Case of Leak of Unpublished Price Sensitive Information ("UPSI"), which can be accessed on the Company's website at https://www. llovdsenterDrises.in/index.DhD/corDorate-Dolicies/

Pursuant to SEBI PIT Regulations, the Company has formulated the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information which includes therein the policy for determination of "Legitimate purposes for sharing UPSI".

The code of Practices and Procedures for Fair Disclosure of the Unpublished Price Sensitive Information can be accessed on the Company's website at https://www. llovdsenterDrises.in/index.DhD/corDorate-Dolicies/

The Company had formulated a policy for determining material subsidiaries in accordance to SEBI Listing Regulations which can be accessed on the Company's website at https://www.llovdsenterprises.in/index.DhD/

The Company has constituted the Corporate Social Responsibility ("CSR") Committee in compliance with the provisions of section 135 of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014("CSR Rules"). The brief details of CSR Committee are provided in the Corporate Governance Report, which forms part of this Annual Report.

The Corporate Social Responsibility Policy (hereinafter "CSR Policy") of the Company has been prepared pursuant to Section 135 of the Act and the CSR Rules. The CSR policy serves as a referral document for all CSR related activities at the Company. The CSR Policy relates to the activities to be undertaken by the Company as specified in schedule VII and other amendments/circulars thereon to the Companies Act, 2013.

The CSR Policy can be accessed on the Company's website at httDs://www.llovdsenterDrises.in/index.DhD/corDorate-

The disclosures with respect to CSR activities are given in "Annexure C".

In compliance with Regulation 17(4) of the SEBI Listing Regulations, the Company has established a comprehensive Succession Planning Policy. This policy ensures that appropriate plans are in place to facilitate the orderly succession of appointments to the positions of Chairman, Board of Directors, Key Managerial Personnel, and Senior Management. The policy is designed to support seamless transitions and maintain organizational stability.

The dividend recommended is in accordance with the Company's Dividend Distribution Policy. The Dividend Distribution Policy, in terms of Regulation 43A of SEBI Listing Regulations is available on the Company's website on https:// www.llovdsenterDrises.in/index.DhD/corDorate-Dolicies/

The Company has taken adequate steps to ensure that all the mandatory provisions of Corporate Governance as prescribed under SEBI Listing Regulations are complied with. As per Regulation 34(3) Read with Schedule V of SEBI Listing Regulations, a separate section on corporate governance, together with a certificate from the Company's Statutory Auditors, forms part of this Report.

Pursuant to Section 139 of the Act and the Rules made there under, the Shareholders of the Company in the AGM held on 29^th September, 2021 appointed M/s Todarwal & Todarwal LLP (Firm Registration No. 111009W/W100231) as the Statutory Auditors of the Company for a period of 05 (Five) Years from the conclusion of the 35^th AGM till the conclusion of the 40^th AGM of the Company to be held in the Year 2026.

M/s. Todarwal & Todarwal LLP have confirmed their eligibility to continue as the Statutory Auditors of the Company under Sections 139 and 141 of the Act and the applicable rules. Additionally, as required by the Listing Regulations, the Auditors have confirmed that they hold a valid certificate issued by the Peer Review Board of the Institute of Chartered Accountants of India.

During the FY 2024-25, the observations made by the Statutory Auditor in their Audit Report read with the relevant notes thereof as stated in the Notes to the Audited Financial Statements of Company for the FY ended 31^st March, 2025

are self-explanatory and being devoid of any reservation(s), qualification(s) or adverse remark(s) etc. do not call for any further information(s)/ explanation(s) or comments from the Board under Section 134(3)(f)(i) of the Act.

Pursuant to Section 204 of the Act and the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014 read with Regulation 24A of the SEBI Listing Regulation, the Board of Directors of the Company has appointed M/s Mitesh J. Shah & Associates (Membership No. 10070 CP No. 12891) as the Secretarial Auditor of the Company to conduct Secretarial Audit for the FY 2024-25.

Further Board on recommendation of the Audit Committee, has approved the appointment of M/s. Mitesh Shah & Co., Company Secretaries (Firm Registration No.: as P2025MH104700), as Secretarial Auditors of the Company subject to approval of the Members of the Company at the ensuing AGM for a period of Five (5) consecutive years from commencing from FY 2025 -26 till FY 2029-30 at such remuneration as shall be fixed by the Board of Directors of the Company.

As required under provisions of Section 204 of the Act, the report in respect of the Secretarial Audit carried out by M/s Mitesh J. Shah & Associates., Practicing Company Secretary (Membership No. 10070 CP No. 12891), in Form MR-3 for the FY 2024-25 is annexed hereto marked as "Annexure D" and forms part of this Report. The said Secretarial Audit Report being devoid of any reservation(s), adverse remark(s) and qualification(s) etc. does not call for any further explanation(s)/ information or comment(s) from the Board under Section 134(3) (f)(ii) of the Act.

Pursuant to Section 138(1) of the Act read with the Companies (Accounts) Rules, 2014, your Company is required to appoint an internal auditor to conduct internal audit of the functions and activities of your Company.

The Board of Directors of the Company appointed R.D Nagvekar & Co to conduct Internal Audit of the Company for the period under review. The Internal Auditor has conducted audit of FY 2024-25 and submitted report thereof to the management of the Company.

The Internal Auditor's Report does not contain any qualification, reservation or adverse remark requiring any explanations / comments by the Board of Directors.

During the year under review, neither the Statutory Auditors nor the Secretarial Auditors of the Company have reported any frauds to the Audit Committee or to the Board of Directors under Section 143(12) of the Act including rules made thereunder.

The maintenance of cost accounts and records as prescribed under section 148(1) of the Act is not applicable to the Company.

Risk is an inherent aspect of a dynamic business environment. The Risk Management Policy helps the management and Board of Directors to put in place an effective framework for taking informed decisions about the internal and external risks of the Company. To minimize the adverse consequence of risks on business objectives, the Company has framed this Risk Management Policy ("Policy/RMP"). The Policy provides a route map for risk management, mitigation measures and guidance from the Risk Management Committee and the Board of Directors.

The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate. During the year under review, no material or serious observations has been received from the Statutory Auditors and the Internal Auditors of the Company, on the inefficiency or inadequacy of such controls.

During the year under review, the Company has made investment in accordance with section 186 of the Act. Further, the Company has not given any loan or guarantee during the FY 2024-2025.

The Board of Directors have adopted the Policy on Materiality of Related Party Transactions and Dealings with Related Party Transactions as per the applicable provisions of the Act and the Listing Regulations and the same is available on the website of the Company at https://www. llovdsenterDrises.in/index.DhD/corDorate-Dolicies/

Particulars of contracts or arrangements or transactions with related party referred to in section 188 of the Act, in the prescribed form AOC-2, are enclosed with this report as "Annexure E".

The Company has not issued any sweat equity shares during the year under review and hence no information as per provisions of Rule 8(13) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.

In terms of Section 118(10) of the Act, the Company states that the applicable Secretarial Standard i.e. SS-1 and SS-2 issued by the Institute of Company Secretaries of India, relating to Meetings of the Board of Directors and General Meetings respectively have been duly complied with.

During the year under review, the Company neither accepted any deposits nor there were any amounts outstanding at the beginning of the year which were classified as ‘Deposits' in terms of Section 73 of the Act read with the Companies (Acceptance of Deposit) Rules, 2014 and hence, the requirement for furnishing of details of deposits which are not in compliance with the Chapter V of the Act is not applicable.

No significant and material orders have been passed by any Regulator or Court or Tribunal which can have impact on the going concern status and the Company's operations in future.

The Company has zero tolerance for sexual harassment at workplace and adopted a policy on Prevention, Prohibition and Redressal Sexual Harassment of Women at Workplace in line with Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and rules frame thereunder. Internal Complaints Committee ("ICC") is in place for office of the Company to redress complaints received regarding Sexual Harassment.

Disclosures in relation to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and rules made thereunder have been provided in the Report on Corporate Governance and Business Responsibility and Sustainability Report.

Number of Sexual Harassment Complaints -

received during the year

Number of Sexual Harassment Complaints -

disposed-off during the year

Number of Sexual Harassment Complaints -

pending for more than 90 days

The Company has complied with the provisions of the Maternity Benefit Act, 1961, as amended from time to time. All eligible female employees are provided maternity benefits in accordance with the statutory requirements, including paid leave, and other related entitlements. The Company remains committed to creating a supportive and inclusive work environment for its women employees and ensures strict adherence to all applicable labour laws, including the Maternity Benefit Act.

The Information on conservation of energy and technology absorption in accordance with provisions of section 134(3) (m) of the Act, read with Rule 8 of Companies (Account) Rules, 2014 is not required since the Company is not a manufacturing Company.

There were no foreign exchange earnings and out go during the year.

Pursuant to Section 92(3) read with Section 134(3)(a) of the Act, copies of the Annual Returns of the Company prepared in accordance with Section 92(1) of the Act read with Rule 11 & Rule 12 of the Companies (Management and Administration) Rules, 2014 are placed on the website of the Company and is accessible on the website of the Company i.e. https://www.llovdsenterDrises.in/.

The listing fees payable for the FY 2024-2025 has been paid duly paid to BSE Limited and National Stock Exchange of India Limited ("NSE") Limited.

In view of increased cyberattack scenarios, the cyber security maturity is reviewed periodically and the processes, technology controls are being enhanced in-line with the threat scenarios. The Company's technology environment is enabled with real time security monitoring with requisite controls at various layers starting from end user machines to network, application and the data.

During the year under review, your Company did not Face any incidents or breaches or loss of data breach in cyber security.

During the FY under review:

The Company has not bought back its shares, pursuant to the provisions of Section 68 of the Act and Rules made thereunder.

b) The Company has not failed to implement any corporate action.

c) The Company has not made any provisions of money or has not provided any loan to the employees of the Company for purchase of shares of the Company, pursuant to the provisions of Section 67 of the Act and Rules made thereunder.

d) There was no revision of financial statements and Board's Report of the Company.

e) There were no significant material changes and commitments affecting the financial position of the Company, which have occurred between the end of the FY of the Company to which the Financial Statements relate and the date of this Report.

f) Neither the Managing Director nor the Whole Time Director of the Company received any remuneration or commission from any of its Subsidiaries or Associates.

g) No application has been made under the Insolvency and Bankruptcy Code, hence, the requirement to disclose the details of application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 during the year along with their status as at the end of the FY is not applicable.

h) The requirement to disclose the details of difference between amount of the valuation done at the time of onetime settlement and the valuation done, while taking loan from the Banks or Financial Institutions along with the reasons thereof, is not applicable.

i) The securities were not suspended from trading during the year due to corporate actions or otherwise.

j) No candidate was nominated by small shareholders in terms of Section 151 of the Act.

k) None of the Auditors and/or Secretarial Auditors, resigned during the year.

l) There was no delay, in holding AGM.

1. There was no change in Auditors and/or Secretarial Auditors during the year.