Picturehouse Media Ltd Directors Report

Dear Shareholders,

We are pleased to present the report on the business and operations of your Company for the year ended March 31, 2025.

1. FINANCIAL SUMMARY [RS. IN LAKH]

PARTICULARS	STANDALONE		CONSOLIDATED
Summary of Statement of Profit and Loss:	2024-25	2023-24	2024-25	2023-24
Total Income	556.45	49.40	1980.06	763.16
Operational, Administration, and Other Expenses	167.86	158.66	193.04	198.15
Profit/(Loss) Before Depreciation Interest and Tax	388.59	(109.26)	1787.02	565.01
Depreciation	1.62	5.44	1.72	5.54
Interest and Finance Charges	306.28	7.47	1590.73	625.01
Profit / (Loss) Before Exceptional Items	80.69	(122.17)	195.56	(65.55)
Exceptional Items	-	-	-	-
Profit / (Loss) Before Tax	80.69	(122.17)	195.56	(65.55)
Tax Expense	-	-	-13.97	-
Other Comprehensive Income	1.18	1.12	1.18	1.12
Profit/ (Loss) after Tax	81.87	(121.05)	209.71	(64.43)
Basic and diluted	0.15	(0.23)	0.39	(0.13)

2. PERFORMANCE AND STATE OF AFFAIRS OF THE COMPANY

During the financial year 2024-25, the turnover of the company decreased from Rs. 49.40 lakhs to Rs. 3.49 lakhs.

3. THE CHANGE IN NATURE OF THE COMPANYS BUSINESS

During the financial year 2024-25, there was no change in the nature of the Companys business.

4. TRANSFER TO RESERVES

During the year the company reported a profit due to unrealized gain with respect to an accounting adjustments. As a result, there was no actual operational profit for the company. Hence, the Board of Directors has not proposed to transfer of any amount to reserves for the period under review.

5. DIVIDEND

During the year the company reported a profit due to unrealized gain with respect to an accounting adjustments. As a result, there was no actual operational profit for the company. The Board of Directors has not recommended any dividend for the financial year ended March 31, 2025.

6. CAPITAL STRUCTURE

During the year, there was no change in the capital structure of the Company.

7. PUBLIC DEPOSITS

The Company did not accept any deposits from the public within the meaning of Chapter V of the Act, 2013, read with the Companies (Acceptance of Deposits) Rules, 2014 for the year ended March 31, 2025.

8. INSURANCE

All the properties of the Company have been adequately insured.

9. PARTICULARS OF LOANS, GUARANTEES, AND INVESTMENTS

The Loans, guarantees, and investments as covered under Section 186 of the Companies Act, 2013 forms part of the Note No. 5 to the financial statements as provided in this Annual Report.

10. RELATED PARTY TRANSACTIONS

All Related Party Transactions are placed before the Audit Committee and the Board for approval. Prior omnibus approval of the Audit Committee was obtained for the transactions that are foreseen and repetitive. For all the transactions entered pursuant to the omnibus approval so granted, a statement giving details of all such transactions is placed before the Audit Committee for their approval on a quarterly basis. The policy on Related Party Transactions as approved by the Board is posted on the Companys website in accordance with Accounting Standard 18, the Related Party Transactions are disclosed in the notes to accounts of the Standalone Financial Statements.

11. MATERIAL CHANGES AND COMMITMENTS AFFECTING FINANCIAL POSITION

During the financial year under review, there were no such material changes and commitments which affects the financial position of the company.

12. DETAILS OF ISSUE OF EQUITY SHARES WITH DIFFERENTIAL RIGHTS, DETAILS OF ISSUE OF SWEAT EQUITY SHARES- Nil

13. DETAILS OF LOANS FROM DIRECTORS;

During the year under review, the company did not receive any loans from its directors.

14. DETAILS OF ANY DIRECTOR WHO IS IN RECEIPT OF ANY COMMISSION FROM THE COMPANY AND WHO IS A MANAGING OR WHOLE-TIME DIRECTOR OF THE COMPANY SHALL NOT BE DISQUALIFIED FROM RECEIVING ANY REMUNERATION OR COMMISSION FROM ANY HOLDING COMPANY OR SUBSIDIARY COMPANY OF SUCH COMPANY SUBJECT TO ITS DISCLOSURE BY THE COMPANY IN THE BOARDS REPORT; Nil

15. SUBSIDIARY COMPANIES

The Company and its subsidiaries operate in the verticals of Film Production and Film Financing. As on March 31, 2025, the Company has following subsidiaries;

1. PVP Capital Limited (WOS)

2. PVP Cinema Private Limited (WOS)

3. New Cyberabad City Projects Private Limited

During the Financial year under review, PVP Capital Limited the wholly owned subsidiary of the company has surrendered its Certificate of Registration before the Reserve Bank of Bank India (RBI) on 03 rd December, 2024 following to a Notice of Cancellation of Certificate of Registration issued by the RBI on 26 th November, 2024. The company is in the process of reviving its operations.

The consolidated financial statements of the Company including its subsidiaries have been prepared in accordance with Section 129(3) and Section 133 of the Companies Act, 2013 read with the rules made

thereunder and applicable Indian Accounting Standards (Ind AS) along with the Auditors Report forms part of this Annual Report. Further, a statement containing salient features of the financial statements of the subsidiaries in the prescribed format AOC-1 is appended as Annexure - 1 to the Boards Report. Hence, a separate report on the performance and financial position of each of the subsidiaries and joint venture companies is not repeated here for the sake of brevity.

As required under Section 136 of the Companies Act, 2013 the audited financial statements including the consolidated financial statements and related information of the Company and audited accounts of each of its subsidiaries are available on the website . These documents will also be available for inspection during business hours at the registered office of the Company and any member who wishes to get copies of such financial statements may write to the Company for such requirements.

16. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

Management Discussion and Analysis Report for the year under review, as stipulated under Regulation 34 of the SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015, is presented in a separate section forming part of the Annual Report.

17. CORPORATE GOVERNANCE

The Company is committed to maintaining the prescribed standards of Corporate Governance. The Directors adhere to the requirements set out by the Securities and Exchange Board of Indias Corporate Governance practices and have implemented all the mandatory stipulations prescribed. The Report on Corporate Governance as stipulated under Regulation 34 read with Schedule V of the SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015 forms part of the Annual Report.

18. BOARD OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

During the year under review, the composition of the board directors of the company are as follows;

1. Mr. Prasad V Potluri - Managing Director

2. Mr. Subramaniam Parameswaran - Non Executive Independent Director

3. Mr. Gautam Sahi - Non Executive Independent Director

4. Mrs. PJ Bhavani - Non Executive Woman Director

During the year, there were changes in the KMP of the company are as follows;

1. Mrs. Derrin Ann George resigned as the Company Secretary of the company with effect from 12 th November, 2024.

2. Mr. Rajesh Kumar Samal was appointed as the Company Secretary of the company with effect from 12 th November, 2024.

19. TRAINING AND FAMILIARIZATION PROGRAMS AND ANNUAL BOARD EVALUATION PROCESS

The details of training and familiarization programs and the Annual Board Evaluation process for directors have been provided under the Corporate Governance Report.

The Independent Directors have submitted the declaration of independence, pursuant to Section 149(7) of the Companies Act, 2013 stating that they meet the criteria of independence as provided in sub-section (6) of Section 149 of the Companies Act, 2013.

The policy on Directors appointment and remuneration including criteria for determining qualifications positive attributes, independence of directors, and also remuneration for Key Managerial Personnel and other employees and the Board evaluation process also forms part of the Corporate Governance Report as per Section 178(3) of the Companies Act, 2013 is hosted on the Companys website and the web link thereto is .

20. BOARD COMMITTEES

Pursuant to the Act, 2013 and the Listing Regulations, the Company has formed all the statutory Committees namely, the Audit Committee, the Nomination and Remuneration Committee, the Corporate Social Responsibility Committee, and the Stakeholders Relationship Committee. Detailed information about these Committees and relevant information for the year under review are given in the Corporate Governance Report. There have been no instances where the Board did not accept the recommendations of its Committees including the Audit Committee.

21. NUMBER OF MEETINGS OF THE BOARD

The Board met Four (4) times through Video Conference during the financial year, and the details of which are given in the Corporate Governance Report that forms part of this Annual Report. The intervening gap between any two meetings was well within the period prescribed under the provisions of the Companies Act, 2013.

22. DIRECTORS RESPONSIBILITY STATEMENT

The financial statements of the Company are prepared as per applicable Accounting Standards as prescribed under Section 133 read with Rule 7 of the Companies (Accounts) Rules, 2014 and other applicable provisions, if any. There are no material departures from prescribed accounting standards. The Directors confirm that:

I. In preparation of the annual accounts for the financial year ended March 31, 2025 the applicable accounting standards have been followed along with proper explanation relating to material departures;

II. 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 at the end of the financial year and of the profit and loss of the company for that period;

III. The directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

IV. The directors have prepared the annual accounts on a going concern basis;

V. The directors have laid down proper internal financial controls, which are adequate and are operating effectively; and

VI. The directors have devised proper systems to ensure compliance with the provisions of all applicable laws and such systems are adequate to operate the company effectively.

23. STATEMENT ON DECLARATION GIVEN BY INDEPENDENT DIRECTORS UNDER SUB-SECTION (6) OF SEC.149 OF THE COMPANIES ACT, 2013

The independent directors have submitted the declaration of independence, as required pursuant to sub-section (6) of section 149 of the Companies Act, 2013 stating that they meet the criteria of independence as provided in sub-section (6) of Section 149.

24. AUDITORS

24.1 Statutory Auditor

M/s RPSV & Co, Chartered Accountants (FRN: 0013151S) are the statutory auditor of the company.

Auditors Report & Management Comments on the Qualifications made by statutory auditors

The Report given by the Auditors on the financial statements of the Company is part of the Annual Report. There has been qualification, reservation, adverse remark or disclaimer given by the Auditors in their Report.

The Auditors Report for the financial year 2024-25 is a "qualified report for both standalone & consolidated financial statements.

Auditors Qualification:

On Standalone financial statement:

STANDALONE QUALIFICATION

I. Attention is invited to note no. 3 to the Notes to Standalone Audited Financial Results, in relation to inventory i.e., films production expenses amounting to Rs. 2,956.52 Lakhs, consists of advances granted to artists and co-producers. As represented by the Management the film production is under progress with respect to production of 3 movies costing Rs 76.69 lakhs. In respect of the balance inventory of Rs 2,879.83 lakhs the Board is confident of recovering the amount from the production houses. In the absence of documentary evidence as well as the confirmation of balance from the parties relating to the status of the inventory amounting to Rs 2,879.83 lakhs, we are unable to agree with the views of the Board. We are of the opinion that realization of inventories is doubtful but we are also unable to decide the quantum of loss that may arise on account of write down of inventory.

II. Investment in wholly owned subsidiary viz. PVP Capital Limited, Chennai (PVPCL) (note no. 4 to Notes to Standalone Audited Financial Results). The subsidiarys net worth stands at Rs. 605.08 lakhs (negative) as at 31.03.2025. The possibility of liberal cash flow is dim. The company has had its Certificate of Registration as a Non-Banking Financial Institution (NBFC) cancelled by the Reserve Bank of India (RBI), and the company has surrendered its registration as an NBFC. The companys net worth has been fully eroded, it has defaulted on repayment of loans from banks, and statutory dues to the Government have not been remitted. However, the Board of Picturehouse Media Limited considers that no impairment provision is necessary for the investment of Rs. 2,521.74 lakhs in PVP Capital Limited, citing potential future cash flows and the possibility of recovering dues from borrowers. We do not agree with this view, as it remains difficult to assess the extent of the erosion in value and the resulting loss. Consequently, we are unable to form a definitive opinion on the adequacy of the carrying value of the investment, and our opinion is qualified in this respect.

III. Note No.5 in the financial statements which indicates that the company is advancing for production of movies, it is still incurring losses from operations (negative net worth Rs. 4073.75 lakhs). Adverse key financial ratios, non-payment of statutory dues, impact of our observations made in preceding paragraphs, and other related factors indicate that there is an existence of material uncertainty that will cast significant doubt on the companys ability to continue as a going concern. Notwithstanding this, the financial results have been prepared as that of going concern and consequently the terminal values of various assets and liabilities have not been redetermined. We are, however, unable to express our view whether the preparation of financial results on a going concern basis is correct or not.

On consolidated financial statement:

I. Attention is invited to note no. 1 to the Statement, in relation to inventory i.e., films production expenses amounting to Rs. 2,956.52 Lakhs, consists of advances granted to artists and co-producers. As represented by the Management the film production is under progress with respect to production of 2 movies costing Rs 76.69 lakhs. In respect of the balance inventory of Rs 2879.83 lakhs the Board is confident of recovering the amount from the production houses. In the absence of documentary evidence as well as the confirmation of balance from the parties relating to the status of the inventory amounting to Rs 2879.83 lakhs, we are unable to agree with the views of the Board. We are of the opinion that realization of inventories is doubtful but we are also unable to decide the quantum of loss that may arise on account of write down of inventory.

II. Note No.3 in the financial statements which indicates that the Companies the net worth has completely eroded (negative net worth of Rs. 6,342.88 lakhs) and the Group incurring continuous losses from business operations, existence of adverse key financial ratios, non-payment of statutory dues and other related factors indicate that there exists material

uncertainty that will cast significant doubt on the Groups ability to continue as a going concern. Our opinion is not modified in respect of this matter.

III. The independent auditor of the subsidiaries has drawn a qualified conclusion with respect to above. The same is reproduced as follows:

a. PVP Capital Limited;

The Reserve Bank of India (RBI), vide its communication dated 26th November 2024, has cancelled the Certificate of Registration (CoR) of the Company as a Non-Banking Financial Institution. The Company has surrendered the CoR and is no longer registered as an NBFC. Despite the cancellation of CoR and cessation of NBFC business activities, the Company continues to prepare its financial statements on a going concern basis, relying on recoveries from outstanding loans and managements revised strategic plans. However, the uncertainty surrounding the continuity of business raises significant doubts about the Companys ability to continue as a going concern.

ii. The Company has not filled the appointment of Company Secretary and Chief Financial officer (KMP) as per section 203 of the companys act 2013. Default of the mandatory requirement will result the penalties to the company and Directors.

iii. The Companys inability to meets its financial requirements, non-payment of statutory dues, absence of visual cash flows, the pending legal out comes and liquidity constraints which doubts the ability of the company.

b. PVP Cinema Private Limited, Chennai

i) The Company has accumulated losses and its net worth is fully eroded; the Company has incurred loss during the current and previous year(s) and the Companys current liabilities exceeded its current asset as at the balance sheet date. These conditions indicate the existence of a material uncertainty that may cast significant doubt about the Companys ability to continue as a going concern. Our opinion is not modified in respect of this matter

Management Comments on the above qualification:

Standalone:

i. The company is evaluating options for optimal utilization of these payments in production and release of films. Accordingly, the company is confident of realising the entire value of expenditure on films under production. The management does not foresee any erosion in carrying value.

ii. Picturehouse Media Limited is of the opinion that the carrying amount of investment in PVPCL viz. Rs. 2,521.74 lakhs do not require a write down considering its future cash flows and possibility of recovering its dues from its borrowers.

iii. Even though the company is incurring continuous losses, it has succeeded in reducing its operating cost. This is entirely aligned with the Companys long-range plan, which encompasses a continued development of the Companys revenue generating activities in order to absorb the losses carried forward and generate profit over a period of time. Further, the lenders have extended their confidence by advancing finance and extending the time period of repayment. There is no intention to liquidate as the Company has got future to improve its revenue. The Company has paid advance amounts to the artistes and technicians for the future movies productions which are shown under Inventory. Further, the company intends to strategically merge with its holding company which will create positive synergy in future. The standalone financial results have been prepared on a going concern basis based on cumulative input of the available movie projects in pipeline and risk mitigating factors. and risk mitigating factors.

Consolidated:

i. The company is evaluating options for optimal utilization of these payments in production and release of films. Accordingly, the parent company is confident of realising the entire value of expenditure on

films under production. The management of the parent company does not foresee any erosion in carrying value.

ii. Even though the company is incurring continuous losses, it has succeeded in reducing its operating cost. This is entirely aligned with the Companys long-range plan, which encompasses a continued development of the Companys revenue generating activities in order to absorb the losses carried forward and generate profit over a period of time. Further, the lenders have extended their confidence by advancing finance and extending the time period of repayment. There is no intention to liquidate as the Company has got future to improve its revenue. The Company has paid advance amounts to the artistes and technicians for the future movies productions which are shown under Inventory. Further, the company intends to strategically merge with its holding company which will create positive synergy in future. The standalone financial results have been prepared on a going concern basis based on cumulative input of the available movie projects in pipeline and risk mitigating factors.

iii. Management has evaluating the action plans to realize the dues to the company and settlement the existing vendors. Hence management is of the view that the financial statements shall continue to be prepared on the assumption that the company is a going concern. The management is taking all efforts to appoint a suitable candidate for the position of CFO and CS.

Note:

1) All the recommendations made by the Audit Committee and Nomination and Remuneration Committee are taken on record and accepted by the Board of Directors.

2) The Statement of Impact of Auditors Qualifications for the year ended 31 st March, 2025 as per Regulation 34 (2) (a) of SEBI (LODR) Regulations, 2015 can be navigated via OTHER STATUTORY INFORMATION (pvpcinema.com).

24.2 Secretarial Auditor and Secretarial Audit Report

Pursuant to the provisions of Section 204 of the Act and Rules and Regulation 24A of the Listing Regulations and other applicable provisions, framed thereunder, as amended, your Company has appointed M/s. D. Hanumata Raju and Co., Company Secretaries, to undertake the Secretarial Audit of Picturehouse Media Limited.

The Secretarial Audit Report for financial year 2024-25 forms part of Annual Report as Annexure 2 of the Boards Report.

Auditors Qualification

1. The Company has not obtained prior approval of the shareholders through resolution for the related party transaction entered with BVR Malls Private Limited and New Cyberabad City Projects Private Limited for the financial year 2024-25, as required under Regulation 23(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2. The Company has delayed by one day in submitting the disclosure of related party transactions for the half years ended 31.03.2024 and 30.09.2024 as per Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 to stock exchange.

3. The company has made interest free loan to its Subsidiary i.e., New Cyberabad City Projects Private Limited and hence not in compliance with the provisions of Section 185 and 186 of the Act.

4. In respect of compliance with Regulation 3(5) and 3(6) of SEBI (Prohibition of Insider Trading) Regulation, 2015 it is observed that sharing of unpublished price sensitive information in respect of quarterly financial results for the quarter ended 30.06.2024 was not recorded in the Structured Digital Database. Also the entries made in Structured Digital Database for sharing unpublished price sensitive information in respect of quarterly financial results for the quarters ended 31.03.2024 and 30.09.2024 were delayed with incomplete information in Structured Digital Database maintained by the company.

Management Comments on the above qualification:

01. The company had undertaken the RPT transaction in the ordinary course of its business. The company has obtained shareholders approval in the AGM held on Sep 30, 2022 for the material related party transactions.

02. The delay in submitting the RPT disclosure was due to technical issue on the BSE portal. The company had subsequently filed the XBRL once the issue was resolved by the BSE helpdesk team.

03. The Subsidiary companies are not carrying any business, so the parent company has provided interest free loans for discharging its statutory payment obligations. These transactions are related party transactions for which the Company obtained omnibus approval from the Audit committee. The Company did not lend any amount to its wholly owned subsidiary.

04. The information entered in the SDD software for the period ended 31 st March 2024 & 30 th Sep 2024 was not fully captured due to technical issue in the software & entry for 30 th June 2024 was inadvertently missed out.

25. COST RECORDS

Maintenance of cost records as specified by the Central Government under sub-section (1) of section 148 of the Companies Act, 2013, is not required by the Company and accordingly such accounts and records are not maintained.

26. REPORTING OF FRAUDS

There have been no instances of fraud reported by Statutory Auditors of the Company under Section 143(12) of the Companies Act, 2013 and the Rules framed there under either to the Company or to the Central Government.

27. STOCK EXCHANGE LISTING

Presently, the Equity Shares of the Company are listed on the BSE Limited (BSE).

28. DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER INSOLVENCY AND BANKRUPTCY CODE 2016

During the year under review, there were no applications made or proceedings pending in the name of the company under the Insolvency Bankruptcy Code, 2016.

29. DETAILS OF THE DIFFERENCE BETWEEN VALUATION AMOUNT ON ONE-TIME SETTLEMENT AND VALUATION WHILE AVAILING LOAN FROM BANKS AND FINANCIAL INSTITUTIONS

During the year under review, there was no one-time settlement or any loans availed from banks or Public Financial Institutions.

30. MANAGING DIRECTOR AND CHIEF FINANCIAL OFFICER CERTIFICATION

As required under the listing regulations, the Managing Director and the Chief Financial Officer Certification are attached to this Report.

31. SIGNIFICANT ORDERS AND MATTERS

During the financial year there were no significant orders passed by any Regulators or Courts or Tribunals which would impact the going concern status of the Company.

32. EXTRACT OF ANNUAL RETURN

In accordance with Section 134 (3)(a) of the Companies Act, 2013, the Annual Return in the prescribed format is available on the website of the Company .

33. INTERNAL FINANCIAL CONTROL

The Company has a well-placed, proper, and adequate Internal Financial Control (IFC) system which ensures that all assets are safeguarded and protected and that the transactions are authorized, recorded and reported correctly. This is commensurate with the nature of business and the size and complexity of the companys operations.

The company also has internal control through sufficient policies and procedures over the recoverability of advances made for film financing and provides reasonable assurance that such advances would not affect the company adversely.

34. VIGIL MECHANISM / WHISTLE-BLOWER POLICY

Pursuant to Section 177 of the Companies Act, 2013 and the Rules framed there under and pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company has a Whistle Blower Policy framed to deal with instances of fraud and mismanagement, if any genuine grievances to the appropriate authority.

The details of the Policy are explained in the Corporate Governance Report and also posted on the website of the Company . During the year under review, the Company has not received any complaint(s) under the said policy.

35. CORPORATE SOCIAL RESPONSIBILITY (CSR).

Your Company has in place a CSR Committee in accordance with Section 135 of the Act. Further, the CSR Policy as approved by the Board is also available on the website of the company. However, the company is not required to spent on CSR during the year under review.

36. PARTICULARS OF EMPLOYEES

The table containing the names and other particulars of employees in accordance with the provisions of Section 197(12) of the Companies Act, 2013 read with Rules 5(1) and 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is appended as Annexure 2 to the Boards Report.

37. RISK MANAGEMENT POLICY

The Company has a risk management policy in place with an object to ensure that all the Current and Future Material Risks of the Company are identified, assessed/quantified, and effective steps are taken to mitigate/ reduce the effects of the risks to ensure proper growth of the business and there are no elements of risk, which in the opinion of Board of Directors may jeopardize the existence of the Company.

38. COMPLIANCE WITH SECRETARIAL STANDARDS

The Company has complied with applicable provisions of the Secretarial Standards issued by the Institute of Company Secretaries of India and approved by the Government of India under Section 118(10) of the Companies Act, 2013.

39. DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at the Workplace (Prevention, Prohibition, And Redressal) Act, 2013. Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this policy.

During the financial year ended 31st March 2025, the Company has not received any complaints pertaining to Sexual Harassment.

40. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS/OUTGO

Particulars regarding technology absorption, conservation of energy, and foreign exchange earnings and outgo required under Section 134 (3)(m) of the Companies Act, 2013 read with Rule 8 of Companies (Accounts) Rules, 2014 to the extent applicable are as under:

41. CAUTIONARY STATEMENT

Statements in this Report, particularly those which relate to Management Discussion and Analysis describing the Companys objectives, projections, estimates, and expectations may constitute forward-looking statements within the meaning of applicable laws and regulations. Actual results may differ from those either expressed or implied in the statement depending on the circumstances.

42. ACKNOWLEDGEMENTS

The directors acknowledge with gratitude the cooperation and assistance received from the bankers, actors, technicians, directors, production houses, shareholders, government agencies, and other business associates. The Directors wish to place on record their deep sense of appreciation for the committed services by the employees of the Company.

A CONSERVATION OF ENERGY

The operations of the Company involve low energy consumption. Adequate measures have, however, been taken to conserve energy.

B TECHNOLOGY ABSORPTION, ADAPTATION AND INNOVATION

The Company continues to use the latest technologies for improving the quality of its operations.

C FOREIGN EXCHANGE EARNINGS AND OUTGO

[Rs. In Lakh]

PARTICULARS	CURRENT YEAR	PREVIOUS YEAR
Foreign Exchange Earnings	1.06 Lakhs	3.17 Lakhs
Foreign Exchange Outgo	Nil	Nil
Total	Nil	Nil

Date: 20.08.2025	For and on behalf of the Board of Directors Sd/- Sd/- Prasad V. Potluri Subramanian Parameswaran
Place: Hyderabad	Managing Director	Independent Director