Vedavaag Systems Ltd Directors Report

Dear Members

Your directors have pleasure in presenting the 27th Directors Report of your company together with the audited Standalone and Consolidated Financial Statements for the year ended, March 31, 2025.

1. Financial Summary

Standalone: (Rs. In lacs)

Particulars	2024-25	2023-24
Revenue from Operations	7250.06	6154.88
Other Income	14.32	8.34
Profit before Depreciation, Finance Costs, Exceptional items and Tax Expense	1210.45	997.17
Less: Depreciation	188.51	166.26
Profit before Finance Costs, Exceptionalitems and Tax Expense	1021.94	830.91
Less: Finance Cost	115.71	19.78
Profit before Exceptional items and Tax Expense	906.23	811.13
Add/(less): Exceptional items	0	0
Profit before Tax Expense	906.23	811.13
Less: Tax Expense (Current & Deferred)	231.46	207.29
Profit for the year	674.77	603.84
Consolidated:
Particulars	2024-25	2023-24
Revenue from Operations	10578.72	8670.42
Other Income	14.32	8.73
Profit before Depreciation, Finance Costs, Exceptional items and Tax Expense	1576.70	1677.97
Less: Depreciation	326.54	668.49
Profit before Finance Costs, Exceptional items and Tax Expense	1250.16	1009.48
Less: Finance Cost	115.71	19.78
Profit before Exceptional items and Tax Expense	1134.45	989.70
Add/(less): Exceptional items	0	0
Profit before Tax Expense	1134.45	989.70
Less: Tax Expense (Current & Deferred)	293.14	200.71
Profitfor the year	841.31	788.99

2. Transfer to Reserves:

The Board of Directors of your Company has decided not to transfer any amount to the reserves for the year under review.

3. Dividend:

The Board of Directors of your Company is pleased to recommend a dividend of Rs. 0.50/- per equity share of the face value of Rs. 10/- each (@5%), payable to those Shareholders whose names appear in the Register of Members as on the Book Closure / Record date.

4. Unclaimed dividend and shares to the investor education and protection fund

Members are requested to claim dividend(s) which have remained unclaimed, by sending a request to the Company at e-mail ID cs@vedavaag.com or to the Companys Registrar and Share Transfer Agent (RTA) at e-mail info@vccipl.com or to their postal address - Venture Capital and Corporate Investments Private Limited - Door No. 4-50/P-II/57/4 & 5th Floors, Plot No. 57, Jayabheri Enclave, Phase II, Gachibowli, Gachibowli, Hyderabad, Seri Lingampally, Telangana, India, 500032. The Company is required to transfer unclaimed or unpaid amounts or shares to the Investor Education and Protection Fund (IEPF) during the FY 2024-25 and the same shall be transferred to IEPF account in due course of time.

The list of shareholders with unclaimed dividends has been updated on the Companys website at: https://www.vedavaag.com/Disclosures

5. State of the Companys Affairs:

The Company continues to provide customised Financial Inclusion, Insurance, and other micro-level services.Itremainsfocusedondelivering value-driven solutions thereby strengthening its market position. offering high-quality products and services, elyeffectiv the leveragesCompany emerging opportunitiesand There was no change in the nature of business of the Company during the year under review. On Standalone basis the revenue from operations for FY 2024-25 was Rs. 7250.06 lakhs as compared to previous year revenue of Rs. 6154.88 lakhs i.e., 2023-24 and net profit was Rs. 674.77 lakhs as compared to Rs. 603.84 lakhs for the FY 2023-24. The consolidated revenue from operations was Rs. 10578.72 lakhs as compared to previous year revenue of Rs. 8670.42 lakhs i.e., for FY 2023-24 and net profit was Rs. 841.31 lakhs as compared to Rs. 788.99 lakhs for the FY 2023-24.

During the year under review there were no significant or material orders passed by courts or tribunals impacting the Companys operations in future.

6. Public Deposits:

Your company has not accepted any deposits falling within the meaning of section 73 of the Companies Act 2013, read with Companies (Acceptance of Deposits) rules 2014 during the Financial Year.

7. Share Capital: a) Equity:

During the year under review the authorized and paid-up share capital of the Company is increased as detailed below.

The Authorized share capital of the Company as on March 31, 2025 is Rs. 32,00,00,000/- divided into 3,20,00,000 Equity Shares of Rs. 10/- each fully paid up. The paid-up share capital of the Company as on March 31, 2025 is Rs. 23,21,87,000/- divided into 2,32,18,700 Equity Shares of Rs. 10/- each fully paid-up.

Warrants Issue and Conversion details as on March 31, 2025:

During the year, the Company has allotted 79,38,000 convertible at an issue price of 63/- each, warrants comprising a face value of 10/- and a premium of 53/- per warrant.

1. Date of receipt of In-principle approval from BSE for issue of Warrants: 08-10-2024

2. No. of securities allotted (along with date of allotment): 7938000 Securities on 23-10-2024

3. Less: No. of securities converted into equity across various segments, shares till date (excluding present By 0

4. Less: No. of securitiesconverted for the period ending March 31, 2025: 293700

5. Balance no. of securities to be converted into equity shares: 7644300 The Company allotted 2,93,700 equity shares upon conversion of warrants at the BoardMeetingheld on March 20, 2025. Listing approval for the said shares was received on June 13, 2025, and trading approval was granted on July 8, 2025.

8. Listing of Equity Shares

The Companys Equity Shares are listed on Stock Exchange i.e., on BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001, Maharashtra, India.

The Company has paid Annual Listing Fees to the Stock Exchange for the FY 2025-26.

9. Subsidiary, Associate and Joint Venture Companies:

Your company has 4 wholly owned subsidiary Companies as on March 31, 2025 viz., VSL

Datasystems Private Limited, Vedavaag Edutech Private Limited, Vedavag Common Service Centres Private Limited and Vedavaag Financial Services Private Limited.

The Company initiated the closure process of its subsidiary - Vedavaag Kiya Ecommerce Private Limited, and the same has been completed. An official intimation received on March 05, 2025.

Pursuant to Provisions of Section 129 of the Companies Act 2013, read with rule 5 of the Companies (Accounts) Rules, 2014, a separate statement containing the salient features of financial in the form AOC -1 is annexed (Annexure-1) to this report.

The detailed policy for determining material subsidiaries as approved by the Board is uploaded on the Companys website https://vedavaag.com. and detecting

10. Details of the Companies which have become or ceased to be Subsidiaries, joint ventures or associates during the year

During the Financial Year 2024-25, Vedavaag Kiya Ecommerce Private Limited ceased to be Subsidiary, the Company does not have any Associate(s) or Joint Ventures. An official intimation confirming closure was received on March 05, 2025, and the company does not have any associate(s) or joint ventures.

11. Performance and

Subsidiaries, Associates and Joint Ventures

As per Rule 8 of Companies (Accounts) Rules, 2014, a Report on the Financial performance of Subsidiaries along with their contribution to the overall performance of the Company during the 2015, a report Financial Year ended 31 March 2025 is appended to this Report as Annexure II.

12. Consolidated Financial Statements

The Consolidated Financial Statements are prepared in accordance with Indian Accounting Standards (IND AS) as per the Companies (Indian Accounting Standards) Rules, 2015 of the Companies act, 2013. The Consolidated Financial Statements for the Financial Year ended March 31, 2025 forms part of the Annual Report. As per the provisions of Section Companies Act, 2013, the Company has placed separate Audited accounts of its Subsidiaries on its website http://vedavaag.com.

13. Directors Responsibility Statement

Pursuant to the requirement under Section 134 of the Companies Act, 2013, with respect to the Directors Responsibility Statement, the Board of Directors of the Company hereby confirm

in the preparation of the Annual Accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures.

the Directors have selected such accounting confirmingthe closure was 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 ended March 31, 2025 and the Profit of theCompanysSubsidiaries year under review.

the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and forpreventing fraud and other irregularities.

the Directors had prepared the annual accounts on a ‘going concern basis.

the Directors have laid down internal financial controls to be followed by the company and that such internal financial controls are the adequate and were operating effectively.

the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating

14. Management Discussion and Analysis

Pursuant to the provisions of Regulation 34 read with Schedule 5 of the SEBI (Listing Disclosure Requirement) regulation on Management Discussion and Analysis is enclosed as Annexure- 5.

15. Key Managerial Personnel:

KMPs of the Company as per Section Companies Act, 2013

1) Mr. Jonnavittula Murali Krishna underSection 133 Managing Director

2) Mr. Tirumalabukkapatnam Krishna Mohan Chief Financial Officer 136 of the

3) Mr. Saiteja Ivaturi Company Secretary & Compliance

16. Directors

During the under review the composition of the Board is as stated below:

Mr. Jonnavittula Murali Krishna

Managing Director - DIN: 00016054

Mr. Srinivas Pannala

Independent Director - DIN: 00018295

Mr. Pradeep Kumar Narsupalli

Independent Director - DIN: 03498381

*Mr. Raghavacharya Vasudevan

Independent Director - DIN: 01798811 ted Mrs. Jonnavittula Sujata25(8) of the SEBI Listing Non-Executive DIN: 07014640 Dr. Jonnavittula Ananth

Non-Executive Non-Independent Director DIN: 09300935

During the year under review, Mr. Raghavacharya Vasudevan was appointed as an Additional Director in the capacity of an Independent Director with effect from August 30, 2024. His appointment was regularised by the shareholders at the Annual General Meeting held on Further, Mr. Ramesh Sinha Duggi resigned from the position of Independent Director with effect from November 14, 2024. The Board places on record its appreciation for the valuable contributions made by Mr. Ramesh Sinha Duggi during his tenure. None of the Directors are disqualified under the provisions of Companies Act, 2013.

17. Number of Board

The Board met 9 (Nine) times during the financial year andthedetailsofBoardMeetingswere given in the Corporate Governance Reportthatforms part between the of this Annual Report. The intervening gap between was well within the period any two meetings prescribed under the provisions of the Companies Act, 2013.

18. Board Committees

In terms of the requirements of the Companies Act, 2013 and as per SEBI (ListingObligations and Disclosure Requirements) Regulations, a part of the best corporate governance practices, the terms ofreferenceandtheconstitution ees is in compliance with the applicable Committ laws and to ensure focused attention on business and for better governance and accountability. The Board has constituted Audit Committee, Stakeholders Relationship Committee, Nomination, Remuneration & CompensationCommittee and Corporate Social Responsibility Committee. The

Details of each of these committees outlining their composition, terms of meetingsheld during 2024-25, are outlined in the Corporate Governance Report forming part of this annual report. During 2024-25, recommendationsmade by the Committees to the Board of Directors were accepted by the Board, after due deliberations.

19. Statement on declarationgiven by Independent Directors under Section

The Company has received declaration of independence from all the Independent Directors Section 149(7) of the Act and as Regulation -Independent Woman Director confirming that they meet the criteria of independence, which has been duly assessed by the Board as part of their annual performance evaluation exercise. Further, in terms of Regulation 25(8) of the SEBI

Listing also confirmed that circumstances or situations, be reasonably anticipated, that could impair or impact their ability to discharge their duties with an objective independent judgement and without any 2024.

. externalinfluence

20. Meeting of Independent Directors

A separate meeting of the Independent Directors was held on February 14, 2025 with no participation of Non-Independent Directors or the Management of the Company, inter-alia, to discuss evaluation of the performance of Non-Independent Directors, the Board as a whole, evaluation of the performance of the Chairman, taking into account the views of the Executive and Non- Executive Directors and the the quality, content and timeliness evaluation of flow of information and the Board that is necessary for the Board to effectively and reasonably perform its duties. The Independent Directors expressed satisfaction with the overall performance of the Directors and the Board as a whole.

21. Board Evaluation and

Pursuant to the provisions of the Companies Act, 2013 and the SEBI (ListingObligationsand Disclosure 2015 and as Requirements) Regulations,2015, the Board had carried out an annual evaluation of its own performance and that of its committees as performance of the Director individually. Feedback was sought by way of structured covering various aspects of the Boards functioning such as adequacy of the composition of the Board and its committees, Board culture, executionand performance of specificduties, obligationsand governance and the evaluation was carried out based on the response received from Directors.

The evaluation is performed by the Board, Nomination and Remuneration Independent Directors with specific focus on the performance and effective functioning of the Board and Individual Directors. The criteria for evaluation are broadly based on the Guidance Note on Board Evaluation issued by Securities Exchange Board of India.

The Board and Nomination and remuneration Committee reviewed the performance of individual directors on the basis of criteria such as the contribution of the individual directors to the board and committee meetings like preparedness on the issues to be discussed, meaningful and contributionandinputsin etc ., meetings At the board meeting of the independent directors and meeting of Committee, Remuneration Nomination performance of the committees andBoard, its individual directors was also discussed. Performance evaluation of independent directors was done by . entire board excluding the independent director otime being evaluated. ogrammes Pr 22. Familiarization

The Members of the Board of the Companyhave been provided with all the documents to enable them to familiarize themselves with the Company, its managementanditsoperations. The Directors are provided with all the documents to enable them to have a better understanding of the Company, its operations All the Independent Directors of the Company are made aware of their rolesandresponsibilitiesat the appointment through a formal letter time of appointment, which also stipulates various terms on and conditions ee. Committ regulatorychangesfromtimeto time by the senior management personnel.

The detailed policy on the familiarisation programme is available on the website at www.vedavaag.com.

23. Code of Conduct:

The Company has laid down a Code of Conduct which has been Members and Senior Management Personnel of the

Company.

The detailed policy on the Code of Conduct is available on the website at www.vedavaag.com

24. Policy on Directors appointment and remuneration:

The Policy of the Company on Directors appointment and remunerationincluding the criteria for determining qualifications,positiveattributes, Independence of Directors and other matters are adopted as per the provisions of the Companies act

2013. and

25. Internal Controls:

The companys internal control system has been established on the values of integrity and operational excellence. The companys internal control system is periodically tested and supplemented by extensive program.

Financial propriety of business transactions.

Safeguarding the assets of the Company.

Compliance with prevalent statues, regula-constructive management authorization, tions, procedures. The Audit Committee of the Board periodically that followed the meeting reviews audit plans, observations and recommendations of the internal and external the auditors, with reference to the significant risk areas and adequacy of internal controls and keeps the Board of Directors informed of its observations, if any,fromtime

26. Composition of Committee: Audit Committee

Position S.No NameofMember

1	Mr. Pannala Srinivas	Chairman
2	*Mr. D Ramesh Sinha	Member
3	*Mr. Raghavacharya Vasudevan	Member
4	Mrs. Sujatha Jonnavittula Member

*The Audit Committee of the Board was reconstituted on November 14, 2024, pursuant to the resignation of Mr. D. Ramesh Sinha (Independent Director), by appointing Mr. Raghavacharya Vasudevan (Independent Director) as a member of the

Nomination and

S.No	Name of Member	Position
1	Mr. Srinivas Pannala	Chairman
2	Mrs. Sujatha Jonnavittula	Member
3	Mr. Pradeep Kumar Narsupalli	Member

Stakeholders Relationship Committee adopted by the

S.No	Name of Member	Position
1	Mr. Pradeep Kumar Narsupalli	Chairman
2	Mr. Srinivas Pannala	Member
3	Mrs. Sujatha Jonnavittula	Member

Corporate Social Responsibility (CSR) Committee

S.No	Name of Member	Position
1	Mr. Jonnavittula Murali Krishna	Chairman
2	*Mr. D Ramesh Sinha	Member
3	*Mr. Raghavacharya Vasudevan	Member
4	Mrs. Sujatha Jonnavittula	Member

*The Corporate Social Responsibility (CSR) Committee of the Board was reconstituted on November 14, 2024, following the resignation of Mr. D. Ramesh Sinha (Independent Director), by appointing Mr. Raghavacharya Vasudevan (Independent Director) as a member of the Committee.

Further details with respect to the aforesaid Committees are provided in the Corporate Governance Report attached herewith.

27. Auditors:

M/S PARY & Co., Chartered Accountants, Hyderabad were appointed as statutory auditors of the Company for a further period of Five year i.e., till the conclusion of 30th Annual General Meeting of the Company.

Explanation to Auditors Observation: Observation:

1. There were no undisputed amounts payable in respect of GST, Provident Fund and Employee State Insurance in arrears as at 31.03.2025 for a period of more than six months from the date they became payable except Income tax of Rs. 34.59 lakhs on account of TDS mismatch and TDS of Rs. 77.56lakhsforthecurrentyear convening this aggregating to Rs. 112.10 lakhs is payable as on date of Audit Report. ations:

2. As per the information and explanation given to us the Company is liable for overdue interest on delayed loan repayment of AXIS bankandpending by the bank and on account payment of Rs. 0.30 Crores was as on 31st March 2025.

3. Unpaid Dividend of Rs.6,40,472/- pertaining to 2016-17 was required to be transferred to the Investor Education and ProtectionFund by the

Company. Managements Reply:

1. The TDS Liability for the year is being paid. As regards of income tax of earlier years, the company is in the process of reconciliationof TDS receivables from customers year-wise. Based on the outcome, appropriateactionwill be taken.

2. The company has availed the said loan for was execution delayed due to Covid Pandemic. Company has requested the bank to finalize balance amount payable to close the account which is pending till date. However, the company has made on account payment of Rs.0.30 crores as on 31.03.2025. Further, the company has paid an amount of Rs.0.33 crores in June 2025 o Rs. 0.63 Crores. t aggregating

3. The management assures to transfer the Unclaimed Dividend pertaining to FY 2016-17 to Investor Education and shortly.

28. Secretarial Auditors report:

The Secretarial Audit Report issued by M/s. VCSR

& Associates, Practicing Company Hyderabad for 2024-25 is annexed as Annexure- IV to this Report. The Secretarial Auditors Report to the Members does not contain any reservation which has any material adverse effect on the functioning of the Company. Further, pursuant to the provisions of Regulation 24A & other applicable provisions of the SEBI Listing Regulations read with Section 204 read with Rule 9 of the (Appointment and Remuneration of Personnel) Rules, 2014, the Audit Board of Directors at their respective meetingsheld on May 30, 2025 have approved & recommended for approval of Members, appointment of M/s. VCSR & Associates, Practicing Regn. No.: P2014AP034200) as Secretarial Auditor for a term of up to 5(Five) consecutive years, to hold office from April 01, 2025 till March 31, 2030. A detailed proposal for appointment of Secretarial auditor forms part of the AGM.

Auditors

The company has not transferred the Unclaimed Dividend pertaining to FY 2016-17 to Investor Education and Protection Fund.

Management Comments on the above qualification:

The management assures to transfer the Unclaimed Dividend pertaining to FY 2016-17 to Investor Education and Protection Fund shortly.

29. Vigil Mechanism / Whistle Blower Policy

The Vigil Mechanism as envisaged in the Companies Act, 2013, the Rules prescribed thereunder and the SEBI (Listing Obligationsand Disclosure Requirements) Regulations,2015 is implemented through the Companys Whistle Blower Policy. The Company has adopted a Whistle Blower Policy establishing a formal vigil mechanism for the Directors and employees to report concerns about unethical behavior, actual or suspected fraud or violation of Code of Conduct and Ethics

It also provides for adequate safeguards are of paramount against the victimization of employees who avail of the mechanism andof product and service development. provides direct access to the Chairperson of the Audit Committee in exceptional cases. It is affirmed that no personnel of the Company have been denied access to the Audit Committee. The policy of vigil mechanism is available on the Companys website. The Whistle Blower Policy aims for conducting the affairs in fair and transparent manner by adopting highest standards of professionalism, honesty, integrity and ethical behavior. All employees of the Company are covered under the Whistle Blower Policy. The brief detail about this mechanism may be accessed on the Companys website at the weblink: www. vedvaag.com.

30. Internal Auditors

The Board of Directors of the Company has appointed M/s Naga Chaitanya and Associates, Chartered Accountants as Internal Auditors to conduct Internal Audit of the Company for the Financial Year 2025-26.

31. Maintenance of cost records specified by the Central Government under Section 148 of the Companies Act, 2013

The provisions relating to maintenance of Cost Records as specified by the Central Government Act, 2013 is not under Section applicable to the Company

32. Corporate Social Responsibility (CSR):

The brief outline of the CSR policy of the Company activitiestaken up by the Company andtheCSR during the year is appended to this report as Annexure-3 in the format prescribed in the Companies (Corporate Social Responsibility Policy), 2014. The integral part of the report. The detailed CSR policy is available on the website of the Company.

33. Conservation of Energy, research and Development, Technology Absorption, Foreign exchange Earnings and Outgo:

Information on conservation of Energy, Technology Foreign Exchange earnings and outgo absorption, 134 ofrequired to be disclosed under Section the Companies Act, 2013 read with Companies (Accounts) Rules, 2014 are provided hereunder:

1. Conservation : The operations of the company involve low energy consumption; adequate measures have been taken to conserve energy.

2. Technology Absorption: Since Business and technologies are changing constantly, investment in Research and development importance. Your

Company continues its focus on quality up gradation

3. Foreign Exchange:

Foreign Exchange earnings for the year ended March 31, 2025: Rs. 1,99,69,120/- Foreign Exchange Outgo for the year ended March 31, 2025: Rs. 5,42,220/-

34. Particulars of Loans, Guarantees and Investments under Section 186:

Loans, guarantees and investments covered under Section186 of the Companies Act, 2013 forms part of notes to the financial statements provided in this Annual Report.

35. Particulars of Contracts or Arrangements with Related Parties:

During the year on review, the Board confirms that: a) The Company didnt enter into any contracts or arrangements or transactions that are not at arms lengths with the related partiesduring the financial year 2024-25. b) The Vigil Mechanism as envisaged in the Companies Act, 2013, the rules prescribed thereunder and the SEBI (LODR) Regulations, 2015 is implemented through the Companys Whistle Blower Policy.

Therefore, as prescribed under Section134(3) of the Companies Act 2013 read with Rule 8 (2) of the Companies (Accounts) Rules, 2014 the disclosures under Form AOC-2 are not applicable for the Company for the year ended March 31, 2025.

36. 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 www.vedavaag.com.

37. Particulars of Employees:

The information the Companies Act 2013, read with rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is appended as Annexure-2 to the Board Report.

38. Particulars Relating women at workplace (Prevention,ofEnergy redressal) Act 2013

Your company has always provided a safe, harassment free workplace for every individual through its various policies and practices. The company always endeavours to create and provide an environment that is free from discrimination harassment. The Company has not received any complaints during the year. The Company regularly conducts awareness programme for its employees.

Summary of Sexual harassment complaints received and disposed of during the year: position of the Company ecting aff

S.No	Particulars	Status
1	No. of complaints filed during the year	Nil
2	No. of complaints disposed of during the year of Insider Trading, in accordance with	NA
3	No. of complaints pending as on end of the financial year	NA

39. Details . of material subsidiary and date of appointment of Statutory Auditor of such subsidiary

VSL Datasystems Private Limited is material subsidiary of the Company, it is incorporated on January 05, 2001 and M/s P Murali & Co., Chartered Accountants, Hyderabad was re-appointed as Statutory Auditor of the Company for a term of 5 years i.e., from April 01, 2022 to March 31, 2027.

40. Corporate Governance

Your Company is committed to implement the sound ation is attached to this Report. Certific corporate governance practiceswith a view to bring transparency and in its operations and maximize shareholders value.

The Report on Corporate Governance as stipulated under Regulation 34 read with Schedule V of the SEBI (Listing Obligations part of the Annual Report Regulations, as Annexure-6. signific and material orders

41. The details of passed by the regulators or courts or tribunals impacting the going concern status and companys operations in future

There have been no significant material orders passed by the Regulators or Courts or Tribunals which would impact the going concern status of the Company and its future operations. During the year underreview,noapplicationwas made or any proceedings pending against the

Company under the Insolvency and Bankruptcy Code, 2016.

42. Material changes and commitments

There are no material changes and commitments

which occurred between the Financial Year ended March 31, 2025 to which the Financial Statements relates and the date of signing of this report.

43. Prevention of Insider Trading Code

The Company has adopted a Code of Conduct for Prevention the requirements of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations otime 2015,asamendedfromtime

44. 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.

45. MD and CFO certification:

As required regulations,the under listing ManagingDirectorandtheChiefFinancialOfficer

46. Acknowledgements:

The Directors thank the Companys Bankers, Employees, Customers, Vendors, CSPs and Investors for their continuous support.

& Disclosure Requirement) Your directors wish to place on record their deep sense of appreciation for the committed services of the associates of the company at all levels.

For and on Behalf of the Board of Directors

	Sd/-	Sd/-
	J. Murali Krishna	J. Sujatha
	Managing Director	Director
	DIN: 00016054	DIN: 07014640
Place: Hyderabad
Date : 30-08-2025