To
The Members of Trejhara Solutions Limited,
The Directors of Trejhara Solutions Limited ("the Company" or
"Trejhara") are pleased to present this Eighth Annual Report of the Company,
together with its Audited Financial Statements for the year ended March 31, 2025
("financial year").
1. FINANCIAL SUMMARY AND HIGHLIGHTS
The highlights of the Consolidated and Standalone Financial Statements are detailed
hereunder.
The Company's performance for the financial year ended March 31, 2025 as compared to
the previous financial year ended March 31, 2024 is summarized below:
(Rs. in lakhs)
Consolidated Standalone
| Particulars |
For the year ended 31 March,2025 (Restated) |
For the year ended 31 March,2024 (Restated) |
For the year ended 31 March,2025 (Restated) |
For the year ended 31 March,2024 (Restated) |
| Income |
|
|
|
|
| Revenue from Operations |
11,575.39 |
6,942.74 |
10,135.55 |
5,743.96 |
| Other Income |
393.58 |
117.73 |
318.47 |
68.88 |
| Total Income |
11,968.97 |
7,060.47 |
10,454.02 |
5,812.84 |
| Expenses |
|
|
|
|
| Operating Expenses |
8,452.32 |
4,260.40 |
7,855.53 |
3,874.98 |
| Employee Benefits Expenses |
1,745.74 |
1,377.80 |
1,416.36 |
1,027.64 |
| Finance Costs |
52.96 |
121.57 |
40.14 |
26.61 |
| Depreciation, Amortisation and Impairment |
400.12 |
409.33 |
25.60 |
11.17 |
| Other Expenses |
654.96 |
431.62 |
554.84 |
440.24 |
| Total Expenses |
11,306.10 |
6,600.72 |
9,892.46 |
5,380.64 |
| Profit Before Exceptional Items and Tax |
662.87 |
459.75 |
561.55 |
432.20 |
| Exceptional (Gain)/ Loss (net) |
- |
(1,233.38) |
- |
164.58 |
| Profit/ (Loss) Before Taxation |
662.87 |
1,693.13 |
561.55 |
267.62 |
| Tax Expense: |
|
|
|
|
| (a) Current Tax |
224.81 |
151.84 |
157.58 |
115.74 |
| (b) Deferred Tax Charge/ (Credit) |
13.97 |
(9.36) |
13.97 |
(9.36) |
| Total Tax Expenses |
238.78 |
142.48 |
171.55 |
106.38 |
| Profit After Tax |
424.09 |
1,550.65 |
390.00 |
161.24 |
| Profit from Discontinued Operations |
- |
760.49 |
- |
683.45 |
| Tax Expenses of Discontinued Operations: |
|
|
|
|
| (a) Current tax |
- |
171.39 |
- |
171.39 |
| (b) Deferred Tax Charge |
- |
20.80 |
- |
20.80 |
| Total Tax Expenses |
- |
192.19 |
- |
192.19 |
| Profit after Tax from Discontinued Operations |
- |
568.30 |
- |
491.26 |
| Other Comprehensive Income/ (Loss),net of tax |
(9.89) |
(22.45) |
(10.05) |
(14.05) |
| Total Comprehensive Income/ (Loss) |
414.20 |
2,096.50 |
379.95 |
638.45 |
|
Consolidated |
Standalone |
| Particulars |
For the year ended 31 March,2025 (Restated) |
For the year ended 31 March,2024 (Restated) |
For the year ended 31 March,2025 (Restated) |
For the year ended 31 March,2024 (Restated) |
| Earnings per equity share (for Continuing operation) |
|
|
|
|
| - Basic and Diluted (in E) |
1.80 |
6.60 |
1.66 |
0.69 |
| Earnings per equity share (for Discontinued operation) |
|
|
|
|
| - Basic and Diluted (in E) |
- |
2.42 |
- |
2.09 |
| Earnings per equity share (for Continuing and Discontinued
operation) |
|
|
|
|
| - Basic and Diluted (in E) |
1.80 |
9.02 |
1.66 |
2.78 |
* Figures for the financial year 2024-25 & 2023-2024 have been presented after
giving effect of the Scheme of Amalgamation of LP Logistics Plus Chemical SCM Private
Limited with the Company ("the Scheme") and hence the comparisons with the
previous periods have to be looked at in light of the same. The Scheme, with the appointed
date as 01 st April 2024, was made effective from 16 th October, 2025.
2. MATERIAL CHANGES & COMMITMENTS
During the financial year, a petition was filed with the Hon'ble National Company Law
Tribunal, Mumbai Bench (NCLT) seeking approval for the Scheme of Amalgamation ("the
Scheme") between LP Logistics Plus Chemical SCM Private Limited ("Transferor
Company") and Trejhara Solutions Limited ("Transferee Company") and their
respective shareholders and creditors. The NCLT vide its Order dated October 14, 2025
("Order") has approved the Scheme and upon filing of the Order with the
Registrar of Companies vide Form INC-28 and subsequent approval thereof, the Scheme has
become effective on October 16, 2025 ("Effective Date"). The Appointed Date as
per the Scheme was April 01, 2024 and therefore, the Financial Statements have been
prepared after giving full effect of the Accounting Treatment envisaged under the Scheme.
The Scheme has resulted in significant financial impacts including consolidation of assets
and liabilities of the Transferor Company into the financial statements of the Company,
restatement of the previous financial figures to reflect the accounting treatment as per
the approved Scheme, and consequential changes in the authorized share capital structure.
Further, the Company had also sought extension of time, from the Ministry of Corporate
Affairs, Mumbai, for holding the eighth annual general meeting (AGM) in order to enable
the publishing of the Financial Statements after giving effect of the Scheme and
accordingly, the Company has been allowed an extension of additional three months to hold
the AGM.
Except for the above, there were no other material changes or commitments affecting the
financial
position of the Company between the end of the financial year and the date of this
Report. There has also been no change in the nature of business of the Company during the
financial year 2024-25.
3. TRANSFER TO RESERVES
The profit after tax based on standalone financial statements for the year ended 31 st
March 2025, was E 390 lakhs and the same was transferred to the Retained Earnings.
4. DIVIDEND
The Company is currently undergoing transformation. Having completed the merger and
initiated a series of proposed acquisitions and expansion initiatives, the Board believes
it is prudent to conserve financial resources to support these growth priorities.
Accordingly, no dividend has been recommended for the financial year.
5. STATE OF COMPANY'S AFFAIRS
The Financial Year 2024-25 was a defining and transformative period for Trejhara. While
the Company continued to deliver a strong performance as a trusted provider of innovative,
IP-driven supply chain software solutions, the core narrative of the year was the
successful Scheme of Amalgamation. This performance underscores the accelerating global
demand for digital transformation in supply chain management, where efficiency,
visibility, and agility have become critical differentiators, and Trejhara's consistent
investments in product innovation continue to position it as a preferred technology
partner.
Pursuant to the Scheme, the Company has prepared its financial statements for the
financial year ended March 31, 2025 (FY 202425) after effecting the impact of
amalgamation. This consolidation has resulted in a significant and positive uplift in the
Company's scale and profitability.
The successful amalgamation has opened a fresh pathway for future growth. which not
only deepens market reach but also diversifies revenue streams and unlocks substantial
operational synergies, creating a more resilient and scalable business model. As we look
ahead, the merged Company is focused on expanding its global footprint and strengthening
its position within the logistics and supply chain sector. With a well-defined strategic
roadmap and a strengthened operational platform Trejhara is well-positioned to deliver
sustainable long-term growth, operational excellence, and enhanced value for all
stakeholders.
6. SHARE CAPITAL
During the financial year, there was no change in the share capital.
However, pursuant to approval of the Scheme of Amalgamation, the Board at its meeting
held on November 05, 2025 approved allotment of 89,89,344 equity shares of face value '
10/- (Rupees Ten only) each to the shareholders holding shares of LP Logistics Plus
Chemical SCM Private Limited ('Transferor Company') in the ratio of 2 (Two) fully paid-up
equity shares of the Company having a face value of ' 10/- (Rupees Ten only) each for
every 1 (One) fully paid-up equity share of ' 10/- (Rupees Ten only) each held in the
Transferor Company.
Accordingly, currently the paid-up equity share capital of the Company stands increased
to Rs. 23,50,56,420/- (Rupees Twenty-Three Crores Fifty Lakhs Fifty-Six Thousand Four
Hundred and Twenty Only) divided into 2,35,05,642 (Two Crore Thirty-Five Lakhs Five
Thousand Six Hundred and Forty-Two) fully paid-up equity shares having a face value of Rs.
10/- each.
7. SUBSIDIARIES
As on March 31, 2025, the Company had 01 (One) Indian Subsidiary and 02 (Two) Foreign
Subsidiaries (including step-down subsidiaries). The provisions of Regulations 24 and 24A
of SEBI Listing Regulations, with reference to subsidiaries were duly complied with, to
the extent applicable.
Pursuant to the provisions of Section 129(3) of the Act read with the Companies
(Accounts)
Rules, 2014 and in accordance with applicable accounting standards, a statement
containing the salient features of financial statements of the Company's Subsidiaries and
Associate Companies in Form No. AOC-1 is annexed as " Annexure 4" to this
Report.
I n accordance with the provisions of Section 136 of the Act and the amendments
thereto, and the Listing Regulations, the Audited Financial Statements, including the
Consolidated Financial Statements and related information of the Company and financial
statements of your Company's Subsidiaries have been placed on the website of your Company
viz www.trejhara. com.
8. ANNUAL RETURN
Pursuant to the provisions of Section 92(3) & 134(3) (a) of the Act read with Rule
12(l) of the Companies (Management and Administration) Rules, 2014 (as amended from time
to time), the Annual Return of the Company in the prescribed e-Form MGT-7 for the FY
2024-25 will be available on the website of the Company at www.trejhara.com .
9. CORPORATE GOVERNANCE
The Company remains committed to upholding the highest standards of corporate
governance and ethical business conduct. This commitment is embedded in our Code of
Conduct, the charters of the Board and its Committees, and a comprehensive framework of
internal policies that collectively reinforce transparency, accountability, and integrity
across all functions. Our approach extends beyond statutory compliance with corporate
governance requirements; we are dedicated to fostering a robust governance culture that
strengthens decision-making, protects stakeholder interests, and supports the long-term
strategic objectives of the Company.
The report on corporate governance as per the requirements of Regulation 34 of the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("the LODR"), forms part of this Annual Report. Further, the
requisite certificate from Mr. Harshvardhan Tarkas, Practicing Company Secretary,
confirming the compliance with the conditions of corporate governance has been included in
the said Report.
10. MANAGEMENT DISCUSSION AND ANALYSIS
Management Discussion and Analysis Report for the year under review, as stipulated
under Regulation 34 (2) (e) of the SEBI Listing Regulations
has been covered in a separate section forming part of this Annual Report.
11. CORPORATE SOCIAL RESPONSIBILITY (CSR)
The Company believes that Corporate Social Responsibility goes beyond a statutory
obligation or a contribution towards sustainable economic development. It is an inherent
commitment to progress hand-in-hand with society, striving to enhance lives in a manner
that fosters inclusive growth, benefits the community at large, and creates long-term
value for both business and development.
The Company has constituted a Board-level CSR Committee, which recommends the budget
for funding various charitable activities and contributions to be made to various
initiatives. During FY 2024-25, the Company's total CSR expenditure amounted to E 20
lakhs. In line with the provisions of Section 135 of the Companies Act, 2013, the Company
has adopted a comprehensive CSR Policy that outlines the focus areas and activities to be
undertaken. The CSR Policy is designed to contribute meaningfully towards sustainable
economic development and to create a positive impact on society at large, while fostering
a responsible and profitable future for all stakeholders. The CSR Policy is available on
the Company's website at www.trejhara.com .
During the financial year, the Company has contributed E 20 lakhs (Rupees Twenty Lakhs
only) to Rotary Club, Powai based in Mumbai (Maharashtra) having registration no.
CSR00006930 for providing education, welfare of society, women empowerment, health related
activities as per provisions of Sec. 135 of the Act.
The disclosures, as required under the Companies (Corporate Social Responsibility
Policy) Rules, 2014, has been enclosed to this Report as "Annexure 1" .
12. INTERNAL FINANCIAL CONTROL SYSTEM & THEIR ADEQACY
The Company has an internal control system which commensurate with the size, scale and
nature of its operations. The Internal Audit Team monitors and evaluates the efficacy and
adequacy of internal control system in the Company, its compliance with operating systems,
accounting procedures and policies of the Company.
13. DIRECTOR'S RESPONSIBILITY STATEMENT
I n terms of the provisions of Section 134(5) of the Act, the Board the Directors, to
the best of their knowledge and ability, confirms that:
i. in the preparation of the annual accounts, the applicable accounting standards have
been followed and that there are no material departures;
ii. they have selected such accounting policies and have 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 31 st
March, 2025 and of the profit and loss of the Company for that period;
iii. they have taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of 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 operating effectively; and
vi. they have devised proper systems to ensure compliance with the provisions of all
applicable laws and that such systems are adequate and operating effectively.
Based on the framework of internal financial controls maintained by the Company, the
work performed by the internal and statutory auditors and other external consultants,
including the audit of internal financial controls over financial reporting by the
statutory auditors, and the reviews carried out by the Management and the Audit Committee,
the Board is of the opinion that the Company's internal financial controls were adequate
and operating effectively during FY 2024-25.
14. DIRECTOR'S/KEY managerial personnel (kmp)
As on March 31, 2025, the Company has six Directors comprising of one (01) Executive
Director and five (05) Non-Executive Directors, out of which three are Independent
Directors including a woman independent director. Further, the details pertaining to the
composition and other details of the Board of Directors of the Company and the meetings
thereof held during the Financial Year 2024-25 are given in the Report on Corporate
Governance forming part of this Annual Report.
I n accordance with the provisions of Sections 2(51) and 203 of the Act read with the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 the following
are the Key Managerial Personnel of the Company:
| Sr. No. |
Name |
Designation |
| 1 |
Mr. Amit Sheth |
Whole-Time Director |
| 2 |
Mr. Shardul Inamdar |
Company Secretary & Compliance Officer |
| 3 |
Mr. Vimal Garachh |
Chief Financial Officer |
| - |
Re-appointment on by rotation |
account of retirement |
In terms of Section 152 (6) of the Companies Act, 2013, one third of the Directors
other than Independent Directors are liable to retire by rotation at the Annual General
Meeting of the Company. Mr. Paresh Zaveri, Non-Executive Non-Independent Director, (DIN:
01240552), based on the seniority criteria liable to retire by rotation and offers himself
for re-appointment.
The information as required to be disclosed under regulation 36 of the LODR and brief
profile of director in case of re-appointment of director is incorporated in explanatory
statement of AGM Notice forming part of the Annual Report.
15. PERFORMANCE EVALUATION
The Company's policy relating to the appointment and remuneration of Directors, KMPs
and other employees including criteria for determining qualifications, positive attributes
and independence of Directors are covered under the Corporate Governance Report which
forms part of this Annual Report.
The performance of the Directors was evaluated by the Board after seeking inputs from
all the directors on the basis of criteria such as the board composition and structure,
effectiveness of board processes, etc. The performance of the committees was evaluated by
the Board after seeking inputs from the committee members on the basis of criteria such as
the composition of committees, effectiveness of committee meetings, etc. The Board and the
Nomination and Remuneration Committee reviewed the performance of individual directors on
the basis of criteria such as the contribution of the individual director to the board and
committee meetings like preparedness on the issues to be discussed, meaningful and
constructive contribution and inputs in meetings, etc.
16. FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS
In accordance with the Listing Regulations, the Company conducts familiarisation
programmes for its Independent Directors to provide insights into the Company, their
roles, rights, and responsibilities, as well as the nature of the industry in which the
Company operates and its business model. The Independent Directors are regularly briefed
during meetings of the Board and its Committees on the Company's strategy, operations, key
business activities, and emerging issues.
The details of the familiarisation programme for Independent Directors form part of the
Corporate Governance Report.
17. DECLARATION OF INDEPENDENCE
Pursuant to the provisions of Section 149 of the Act, the Independent Directors have
submitted declarations that each of them meets the criteria of independence as provided in
Section 149(6) of the Act along with Rules framed thereunder and Regulation 16(1)(b) of
the SEBI Listing Regulations. There has been no change in the circumstances affecting
their status as independent directors of the Company.
None of the Directors of the Company are disqualified under the provisions of the Act
or under the LODR. All Independent Directors have provided confirmations as contemplated
under section 149(7) of the Act.
18. MEETINGS
The Board met 04 (Four) times during the financial year. The details of meetings of the
Board & Committees have been provided under the Corporate Governance Report, which
forms part of this Annual Report.
19. COMMITTEES
As on 31 st March,2025, the Board has following committees applicable under the
Act/LODR:
i) Audit Committee;
ii) Nomination and Remuneration/
Compensation Committee;
iii) Stakeholder Relationship/Investor Grievance and Share Transfer Committee; and
iv) Corporate Social Responsibility Committee.
A detailed note in relation to these committees, including composition, terms of
reference, number of committee meetings and other details are provided in Corporate
Governance Report.
20. TRANSFER TO INVESTOR EDUCATION AND PROTECTION FUND
There were no unpaid or unclaimed dividends, which was required to be transferred to
the Investor Education and Protection Fund (lEPF) established by the Central Government
during the financial year.
21. VIGIL MECHANISM/ WHISTLE BLOWER POLICY
The Company has established the necessary vigil mechanism system and has put in place a
Whistle Blower policy in order to enable the employees, Directors & Managers of the
Company to report their concerns about the management, operations and other affairs of the
Company. In terms of the Whistle Blower Policy, the whistle blowers are provided an access
to the Audit Committee to lodge their concerns. This policy is available on the website of
the Company at www.trejhara.com
In accordance with the Policy, employees of the Company can make protected disclosures
to the Compliance Officer and/or any other written communication by sending it to the
Registered Office of the Company or via email to investor@ trejhara.com or oral
means of communication
22. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186 OF THE ACT
Pursuant to Section 186 of the Companies Act, 2013, the details of loans given,
guarantees provided, and investments made by the Company during the year are disclosed in
Note 37 to the standalone financial statements, which form an integral part of this Annual
Report.
23. PARTICLUARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES
All related party transactions entered into during the financial year were in the
ordinary course of business and on an arm's length basis. All such transactions were
reviewed and approved by the Audit Committee in line with applicable provisions. The
details of material related party transaction entered during the year under review is
available in " Annexure 5".
The Related Party Transactions Policy, as approved by the Board, is available on the
Company's website at www.trejhara.com . The details of related party transactions
as required under the applicable accounting standards are disclosed in the notes to the
standalone financial statements forming part of this Annual Report.
24. PUBLIC DEPOSITS
During the year, the Company has neither invited
nor accepted any public deposits.
25. AUDITORS AND THEIR REPORTING
> STATUTORY AUDITORS
During the financial year, M/s. Bansi Khandelwal & Co., Chartered Accountants (Firm
Registration No. 145850W), resigned as the Statutory Auditors of the Company due to below
reason reproduced from his resignation letter: "The recent changes in my internal
segments and the limitation of the audit team in the audit process and due to staff
constraints, it will not be possible for me to continue as statutory auditor of the
Company."
In order to fill the resulting casual vacancy, the Board of Directors appointed M/s.
Chokshi & Chokshi LLP, Chartered Accountants (Firm Registration No. 101872W/W100045),
as the Statutory Auditors of the Company and the same was also approved by the Members
through postal ballot on December 23, 2024 to hold office till the conclusion of the
forthcoming annual general meeting.
The Statutory Auditors of the Company have stated in their report that, during the
course of Audit no fraud on or by the Company has been noticed or reported.
> SECRETARIAL AUDIT
Pursuant to the requirements of Section 204(1) of the Act read with Rule 9 of the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company
had appointed Mr. Harshvardhan Tarkas, Company Secretary in Practice to conduct the
Secretarial Audit for the financial year. The Report of the Secretarial Audit in the form
MR -3 is annexed herewith as " Annexure 2 ".
In accordance with the amended Regulation 24A of the Listing Regulations, the Board
based on the recommendation of the Audit Committee, has approved the appointment of Mr.
Harshvardhan Tarkas, Company Secretary in Practice for conducting Secretarial Audit of the
Company for a period of 5 years w.e.f. Financial Year 202526 to Financial Year 2029-30,
subject to the approval of the Shareholders of the Company at the ensuing Annual General
Meeting of the Company.
In respect of observations made out in the Secretarial Audit Report, it is informed, as
under:
The related party transactions were reviewed and were in conformity with the omnibus
approvals granted by the Audit Committee. However, it is observed that, in certain
instances, multiple transactions with the same related party - although approved
separately by the Audit Committee are, in aggregate, exceed the prescribed materiality
thresholds as defined under the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("SEBI LODR"). It is recommended that the Company evaluate the
applicability of the materiality provisions under SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and ensure full compliance with the relevant regulatory
requirements.
Explanation:
The individual transactions were approved by the Audit Committee however, with regard
to the aggregate value, legal opinion is being sought and if necessary approval will be
sought from the shareholders.
26. PARTICLUARS OF EMPLOYEES
I n terms of the provisions of Section 197(12) of the Act read with the Rules 5(2) and
5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014,
a statement showing the names and other particulars of the employees drawing remuneration
in excess of the limits set out in the said rules is provided in a separate annexure
forming part of this Report. Having regard to the provision of the first proviso to
Section 136(1) of the Act, the Annual Report excluding the aforesaid information is being
sent to the Members of the Company. In terms of Section 136, the said annexure is open for
inspection. Any Member interested in obtaining a copy of the same may write to the Company
Secretary at investor@trejhara.com.
The disclosures pertaining to the remuneration and other details as required under
section 197(12) of the Act read with Rule 5(1) of the of the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014, have been provided in the Annual Report
as "Annexure 3".
27. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND
OUTGO
In terms of section 134(3)(m) of the Act, read with rule 8 of the Chapter IX of the
Companies (Accounts) Rules, 2014, the Directors furnish herein
below the required additional information:
> Conservation of Energy:
Although the operations of the Company are not energy intensive, the management is
highly conscious of the criticality of the conservation of energy at all operational
levels. The requirement of disclosure of particulars with respect to conservation of
energy as prescribed in Section 134(3)(m) of the Act read with Rule 8(3) of the Companies
(Accounts) Rules, 2014, is not applicable to the Company and hence are not provided.
> Technology Absorption:
The Company continues to adopt latest technologies and innovations for improving the
productivity and quality of its products and service offerings. The Company is also
partnering with major technology providers in global markets.
> Foreign Exchange Earnings and Outgo:
The details of foreign exchange earned and spent by the Company during the year are
given below:
Foreign Exchange Earnings and Outgo:
(Rs. in lakhs)
| Particulars |
For the year ended 31 March, 2025 |
For the year ended 31 March, 2024 |
| a) Foreign Exchange Earnings |
3,089.97 |
3,013.89 |
| b) Foreign Exchange Outgo |
1,845.82 |
1,475.53 |
28. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION,
PROHIBITION AND REDRESSAL) ACT, 2013
The Company has in place necessary policy as required under the Sexual Harassment of
Women at the Workplace (Prevention, Prohibition & Redressal) Act, 2013. An Internal
Complaints Committee (ICC) has been set up to redress complaints received regarding sexual
harassment. The Company has complied with the provisions relating to the constitution of
Internal Complaints Committee (ICC) under the Sexual Harassment of Women at the Workplace
(Prevention, Prohibition and Redressal) Act, 2013. All employees (permanent, contractual,
temporary, trainees) are covered under this policy. During the year under review, the
Company has not received any complaints under the policy.
| Sr. |
Number of |
Number of |
Number of |
| No |
complaints |
complaints |
cases pending |
|
of sexual |
disposed off |
for more than |
|
harassment received in the year |
during the year |
ninety days |
| 1. |
Nil |
Nil |
Nil |
29. DISCLSOURE WITH RESPECT TO MATERNITY BENEFIT ACT, 1961
The Company has complied with the provisions of the Maternity Benefit Act, 1961,
including all applicable amendments and rules framed thereunder. The Company is committed
to ensuring a safe, inclusive, and supportive workplace for women employees. All eligible
women employees are provided with maternity benefits as prescribed under the Maternity
Benefit Act, 1961, including paid maternity leave, nursing breaks, and protection from
dismissal during maternity leave. The Company further ensures that no discrimination is
made in recruitment or service conditions on the grounds of maternity. Necessary internal
systems and HR policies are in place to uphold the spirit and letter of the legislation.
30. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS
There are no significant and material orders passed by the Regulators/Courts which
would impact the going concern status of the Company and its future operations.
31. COST RECORDS
The Company is not required to maintain cost records specified by Central Government
under section 148(1) of the Act.
32. DISCLAIMER AND FORWARD-LOOKING STATEMENT
The statements in the Board's Report and the Management Discussion & Analysis
describing the Company's objectives, expectations or forecasts may be forward-looking
within the meaning of applicable securities laws and regulations. Actual results may
differ materially from those expressed in the statement. Important factors that could
influence the Company's operations include global and domestic demand and supply, input
costs, availability, changes in government regulations, tax laws, economic developments
within the country and other factors such as litigation and industrial relations.
33. AFFIRMATIONS ON COMPLIANCE OF SECRETARIAL STANDARDS
The Company hereby affirms that during the year under review, the Company has complied
with all the applicable Secretarial standards i.e. SS-1 and SS-2, relating to 'Meetings of
the Board of Directors' and 'General Meetings' respectively (including any modifications
or amendments thereto) issued by the Institute of Company Secretaries of India.
34. ACKNOWLEDGEMENTS
The Board wishes to place on record its appreciation for the assistance, co-operation
and encouragement extended to the Company by the its shareholders, customers, business
partners, financial institutions, bankers, vendors and other stakeholders. The Directors
take this opportunity to place on record their warm appreciation for the valuable
contribution, untiring efforts and spirit of dedication demonstrated by the employees and
officers at all levels, in ensuring an excellent all-around operational performance. We
applaud them for their superior levels of competence, solidarity, and commitment to the
Company. The Directors would also like to thank the shareholders for their wholehearted
support and contribution. We look forward to their continued support in future.
For and on behalf of the Board of Directors
Sd/- Amit Sheth
Chairman & Whole Time Director
Place : Navi Mumbai Date : November 14, 2025
Registered Office:
Unit No. 601, Sigma IT Park,
Plot No. R-203, R-204,
T.T.C. Industrial Estate,
Rabale, Navi Mumbai -400701.
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