TransIndia Real Estate Ltd Management Discussions

Management Discussion and Analysis Report is set out as separate section of the Annual Report.

k. Non acceptance of any recommendation of any

Committee of the Board which was mandatorily required: The committees were constituted on May 08, 2023. l. There has been no instance of non- compliance of any requirements of Corporate Governance of para 2 to 10 of Schedule V(C) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. m. The Company has complied with all the mandatory requirement of Listing Regulations in respect of Corporate Governance. The status of adoption of non

- mandatory/ discretionary requirements as specified in

Part E of Schedule II of the Listing Regulations have been detailed below.

- Shareholders rights: The Company has not adopted the practice of sending out half-yearly declaration of financial performance to shareholders. Quarterly results as approved by the Board are disseminated to Stock Exchanges and updated on the website of the Company.

- Modified opinion(s) in Audit Report: For the Financial Year ended March 31, 2023, there is no modified opinion in the Audit Report issued by the

Statutory Auditors on the Companys Financial Statements.

- Reporting of Internal Auditors: In the previous financial year, the provisions of Section 138 regarding appointment of Internal Auditors were not applicable on the Company. However, as the provisions have now become applicable, the Company has appointed an Internal Auditor for the Financial Year 2023-24. n. The Company has complied with the Corporate

Governance requirements specified in Regulations 17 to 27 and clause (b) sub-regulation (i) of Regulation 46 of the Listing Regulations.

CEO/ CFO CERTIFICATION

The Company has obtained a certificate from the Managing Director and Chief Financial Officer in respect of matters stated in Regulation 17(8) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 which is annexed below.

DISCLOSURES WITH RESPECT TO DEMAT SUSPENSE ACCOUNT/ UNCLAIMED SUSPENSE ACCOUNT

No details available for the Financial Year 2022-23.