Your Directors are presenting the 32nd Annual Report of your Company and the Audited Financial
Statements for the financial year ended March 31, 2024.

1. FINANCIAL RESULTS:

( Rs. In Lakhs)

During the year under review (2023-24) the company has earned Revenue from Operations of Rs.
66.70 Lakhs as against Rs. 93.72 Lakhs in previous year. Further Company has incurred net loss of Rs.
112.04 Lakhs as against loss of Rs. 103.04 Lakhs in previous year.

Present Board of Directors has good reputation as well as experience in maritime infrastructure. Their
endeavor to enter into maritime infrastructure industry will help the company to procure as well as
execute good scales of order thereby increasing financials of the company. However, in view of the no
orders in maritime infrastructure sales are not satisfactory.

So far as aquaculture business is concerned Company has revamped 12 Numbers of ponds, deepen
water channel, purchased a 250kva electricity connection, built pond gates, done new cabling and
electric panels, labour rooms and purchased capital equipment like aerators, and pumps. However
presently we are facing problem of virus infection thereby the we are going slowly with the
production of aquaculture which led to lower turnover.

2. MAJOR EVENTS OCCURRED DURING THE YEAR

There have been no material changes and commitments, which affect the financial position of the
company which have occurred during the year and between the end of the financial year to which the
financial statements relate and the date of this Report.

3. CAPITAL STRUCTURE

There have been no changes in the Capital structure of the Company which have occurred during the
year and between the end of the financial year to which the financial statements relate and the date of
this Report

4. INVESTOR EDUCATION AND PROTECTION FUND (IEPF)

During the year under review company was not required to transfer any amount as well as any
shares to the Investor Education and Protection Fund (IEPF)

5. DIVIDEND:

In view of the losses the Board of Directors do not recommend any dividend for the year.

6. RESERVES:

In view of the losses, your Board of Directors has decided not to transfer any amount to the Reserves
for the year under review.

7. NATURE OF BUSINEES

During the year under review there has been no change in nature of business.

8. LOANS, GUARANTEE & INVESTMENTS:

The Company has not advanced any loans or provided guarantees or made investments during the
year under review.

9. DEPOSITS:

The Company has not accepted any deposit from the public falling within the ambit of Section 73 of
the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014, or under Chapter
V of the Act.

10. LISTING OF EQUITY SHARES

The Equity Shares of the company are presently listed on BSE Limited. Listing fee for the year 2023-24
has been paid.

11. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

Mr. Kishor Deomal Gambani DIN - 00208295 resigned as a Director of the company w.e.f. 02-09-2023
on account of personal reason and other professional commitments. Board hereby confirm that there
is no other material reason for his resignation other than his personal reason and other professional
commitments.

In accordance with the provisions of Section 161 of the Companies Act, 2013 the Mrs. Aarati Sachin
Khare (DIN: 06916222) was appointed as additional director 12-02-2024 in Independent Category.
Board as well as Nomination and remuneration committee at its meeting held on 12-02-2024 had

recommended appointment of Mrs. Aarati Sachin Khare (DIN: 06916222) as an Independent Director
of the company. You are requested to appoint her as a Director - Independent of the company.

Further Mrs. Kritika Agarwal Company Secretary and Compliance Officer resigned w.e.f. 20-04-2024
and Board appointed Mr. Piyush Kale in her place as Company Secretary and Compliance Officer
w.e.f. 22-06-2024

12. RELATED PARTY TRANSACTIONS:

The particulars of every contract or arrangements entered into by the Company with related parties
referred to in sub-section (1) of section 188 of the Companies Act, 2013 including certain arm's length
transactions under third proviso thereto are disclosed in Form No.AOC-2 as Annexure I.

13. DECLARATION OF INDEPENDENT DIRECTORS

The Independent Directors have given declarations that they meet the criteria of Independence and
have complied with the Code for Independent Directors prescribed in Schedule IV to the Act as laid
down under Section 149(6) of the Act and Regulation 16(1)(b) of the Listing Regulations. Further they
also had confirmed that they are not aware of any circumstance or situation, which exist or may be
reasonably anticipated, that could impair or impact their ability to discharge their duties with an
objective independent judgment and without any external influence and that they are independent of
the management.

14. POLICY ON DIRECTORS APPOINTMENT AND REMUNERATION:

Remuneration Policy

The Board has, on the recommendation of the Nomination & Remuneration Committee framed policy
for selection and appointment of Directors, Senior Management and their remuneration in pursuant
to Section 178 of Companies act 2013 and Regulation 19 SEBI (Listing Obligations and Disclosure
Requirements) Regulations 2015. The remuneration given is as per the remuneration policy framed.

Criteria for Determining the Qualifications for appointment of Directors (including Independent
Directors)

i. Persons of eminence, standing and knowledge with significant achievements in business,
professions and/or public service;

ii. Their technical, financial, HR, Legal, or business literacy/skills i.e. knowledge about
Aquaculture and Shipyard business;

iii. Their administrative experience;

iv. Other appropriate qualification/experience to meet the objectives of the Company;

v. As per the applicable provisions of Companies Act, 2013, Rules made thereunder and as per
provisions of SEBI( LODR) Regulations.2015 .

The Nomination and Remuneration Committee shall have discretion to consider and fix any other
criteria or norms for selection of the most suitable candidate/s.

Positive attributes of Directors (including Independent Directors):

a. Directors are to demonstrate integrity, credibility, trustworthiness, ability to handle conflict
constructively and the willingness to address issues proactively;

b. Actively update their knowledge and skills with the latest developments in the infrastructure
industry, market conditions and applicable legal provisions;

c. Willingness to devote sufficient time and attention to the Company's business and discharge
their responsibilities.

d. To assist in bringing independent judgment to bear on the Board's deliberations especially on
issues of strategy, performance, risk management, resources, key appointments and
standards of conduct;

e. Ability to develop a good working relationship with other Board members and contribute to
the Board's working relationship with the senior management of the Company;

f. To act within their authority, assist in protecting the legitimate interests of the Company, its
shareholders and employees;

g. Independent Directors to meet the requirements of the Companies Act, 2013 read with the
Rules made there under and as per provisions of SEBI(LODR) Regulations 2015 as amended
from time to time.

Independence Review Procedures

- Annual Review

The director's independence for the independent director will be determined by the Board on an
annual basis upon the declaration made by such Director as per the provisions of the Companies Act,
2013 read with Rules thereon and as per provisions of SEBI(LODR) Regulations.2015

- Individual Director's Independence Determinations

If a director nominee is considered for appointment to the Board between Annual General Meetings, a
determination of independence, upon the recommendation of the Committee, shall be made by the
Board prior to such appointment.

All determinations of independence shall be made on a case-by-case basis for each director after
consideration of all the relevant facts and circumstances and the standards set forth herein. The Board
reserves the right to determine that any director is not independent even if he or she satisfies the
criteria set forth by the provisions of the Companies Act, 2013 read with Rules thereon and as per
provisions of SEBI(LODR) Regulations.2015

- Notice of Change of Independent Status

Each director has an affirmative obligation to inform the Board of any change in circumstances that
may put his or her independence at issue.

a. Criteria for appointment of KMP/Senior Management -

i. To possess the required qualifications, experience, skills & expertise to effectively discharge
their duties and responsibilities;

ii. To practice and encourage professionalism and transparent working environment;

iii. To build teams and carry the team members along for achieving the goals/objectives and
corporate mission;

iv. To adhere strictly to code of conduct

b. Term -

The Term of the Directors including Managing / Whole time Director / Independent Director shall be
governed as per the provisions of the Act and Rules made thereunder and the Listing Regulations, as
amended from time to time. Whereas the term of the KMP (other than the Managing / Wholetime
Director) and Senior Management shall be governed by the prevailing HR policies of the Company.

c. Evaluation -

The Committee shall carry out evaluation of performance of every Director. The Committee shall
identify evaluation criteria which will evaluate Directors based on knowledge to perform the role,
time and level of participation, performance of duties, level of oversight, professional conduct and
independence. The appointment / re-appointment /continuation of Directors on the Board shall be
subject to the outcome of the yearly evaluation process.

d. Removal -

Due to reasons for any disqualification mentioned in the Act or under any other applicable Act, Rules
and Regulations thereunder and /or for any disciplinary reasons and subject to such applicable Acts,
Rules and Regulations and the Company's prevailing HR policies, the Committee may recommend to
the Board with reasons recorded in writing, removal of a Director, KMP or Senior Management.

e. Remuneration of Managing / Whole-time Director, KMP and Senior Management

The remuneration / compensation / commission, etc., as the case may be, to the Managing /
Wholetime Director will be governed by the relevant provisions of the Companies Act, 2013 and
applicable Rules and Regulations and will be determined by the Committee and recommended to the
Board for approval. The remuneration / compensation / commission, etc., as the case may be, shall be
subject to the prior / post approval of the shareholders of the Company and Central Government,
wherever required. Further, the Chairman & Managing Director of the Company is authorized to
decide the remuneration of KMP (other than Managing / Wholetime Director) and Senior
Management based on the standard market practice and prevailing HR policies of the Company.

f. Remuneration to Non-executive Directors (Including independent Director)

The remuneration / compensation / commission, etc., as the case may be, to the Managing /
Wholetime Director will be governed by the relevant provisions of the Companies Act, 2013 and
applicable Rules and Regulations and will be determined by the Committee and recommended to the
Board for approval.

15. PERFORMANCE EVALUATION OF THE BOARD:

Pursuant to the provisions of the Act and Listing Regulations, the Board has carried out an annual
evaluation of its own performance, also performance of the Directors individually as well as the
evaluation of the working of its Committees.

The Nomination and Remuneration Committee has defined the evaluation criteria, procedure and
time schedule for the Performance Evaluation process for the Board, its Committees and individual
Directors, including the Chairman of the Company.

For evaluating the Board as a whole, views were sought from the Directors on various aspects of the
Board's functioning such as degree of fulfillment of key responsibilities, Board Structure and
composition, establishment, delineation of responsibilities to various committees, effectiveness of
Board processes, information and functioning, Board culture and dynamics, quality of relationship
between the Board and the management.

Similarly, views from the Directors were also sought on performance of individual Directors covering
various aspects such as attendance and contribution at the Board/Committee Meetings and
guidance/support to the management outside Board/Committee Meetings. In addition, the Chairman
was also evaluated on key aspects of his role, including setting the strategic agenda of the Board,
encouraging active engagement by all Board members and promoting effective relationships and
open communication, communicating effectively with all stakeholders and motivating and providing
guidance to the Executive Director.

Areas on which the Committees of the Board were assessed included degree of fulfillment of key
responsibilities, adequacy of Committee composition, effectiveness of meetings, Committee dynamics
and quality of relationship of the Committee with the Board and the Management.

The performance evaluation of the Independent Directors was carried out by the entire Board. The
performance evaluation of the Chairman and the Non-Independent Directors was carried out by the
Independent Directors who also reviewed the performance of the Board as a whole. The Nomination
& Remuneration Committee also reviewed the performance of the Board, its Committees and of
individual Directors.

The Chairman of the Board provided feedback to the Directors, as appropriate. Significant highlights,
learning with respect to the evaluation, were discussed at the Board Meeting.

Disclosures on Board Evaluation:

i. Observations of board evaluation carried out for the year:

While evaluating the performances of the Board, also performance of the Directors individually as
well as the evaluation of the working of its Committees, the Nomination and Remuneration
Committee is of the opinion that the Directors, Committees as well as the board themselves has been
performing their duties well for the best in interest of the Company. There is no observation to be
mentioned during the year.

ii. Previous year's observations and actions taken: NIL

iii. Proposed actions based on current year observations: NIL

16. A MATRIX SETTING OUT THE SKILLS / EXPERTISE / COMPETENCE OF THE BOARD OF
DIRECTORS IS AS UNDER

BOARD MEETINGS:

During the year under the review 6 meetings of the board were held on 29-05-2023, 14-08-2023, 02-09¬
2023, 09-11-2023, 12-02-2024 and 14-02-2024. The maximum time gap between any two Board
Meetings was not more than 120 days as required under Regulation 17 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, Section 173 of the Companies Act, 2013
and Secretarial Standard on Meetings of the Board of Directors.

The notice of Board meeting is given well in advance to all the Directors of the Company. The agenda
of the Board / Committee meetings is circulated clear 7 days prior to the date of the meeting. The
agenda for the Board and Committee meetings includes detailed notes on the items to be discussed at
the meeting to enable the Directors to take an informed decision. Details of Board Meetings attended
by the Directors are as below

17. EXTRACT OF ANNUAL RETURN:

In accordance with Section 134(3)(a) and as provided under sub-section (3) of Section 92 of the
Companies Act, 2013 an extract of the annual return in prescribed form MGT - 9 has also been posted
on the website of the company i.e. www.datiware.com.

18. MANAGEMENT DISCUSSION AND ANALYSIS:

Management Discussion and Analysis Report is attached to the Directors Report as Annexure II.

19. CORPORATE GOVERNANCE:

As per Regulation 15(2) of the Listing regulations, the compliance with the corporate governance
provisions does not apply to the Company.

20. AUDITORS:

a. STATUTORY AUDITORS:

M/s P S Shingte & Co, Chartered Accountants (ICAI Firm Registration No. 114679W) Statutory
Auditors of the Company have resigned vide their letter dated May 14, 2024 as the Statutory Auditors
of the Company. M/s P S Shingte & Co, Chartered Accountants have specifically mentioned that
preoccupation with other assignments is sole reason for their resignation and there is no other
material reason.

Board at its meeting held on July 30, 2024 appointed M/s. Palsule and Associates, Chartered
Accountants, (Firm Registration No. 131397W as Statutory Auditor of the company for the financial
year 2024-2025 to fill up the casual vacancy caused due to resignation of P. S. Shingte and Company
Chartered Accountants, FRN 114679W. The said appointment is subject to approval of shareholders
in the ensuing Annual General Meeting.

Board has further proposed to appoint them for the period of 5 years.

Company has received consent from M/s. Palsule and Associates, Chartered Accountants, (Firm
Registration No. 131397W) to act as Statutory Auditor of the company alongwith certificate stating
that they are eligible for this appointment pursuant to provisions of the Companies Act, 2013.

b. SECRETARIAL AUDITORS

Pursuant to provisions of Section 204 of the Act and the Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014, the Company had appointed Shrenik Nagaonkar & Associates,
Company Secretaries, to undertake the Secretarial Audit of the Company. The Secretarial Audit
report for the year 2023-24 forms part of the Directors Report as Annexure- III.

21. REPLY TO QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS OR
DISCLAIMERS MADE BY STATUTORY AUDITOR AND SECRETARIAL AUDITOR

With respect to Statutory Auditors remark about nonpayment of undisputed Custom Duty of Rs.
28.87 Lakhs and Excise Duty of Rs. 11.57 Lakhs Directors wish to inform you that the said amount is
interest payable on Custom Duty and Excise Duty. We have already paid the principal amount of the
tax however we are negotiating for interest amount hence these dues are still payable. Once the
settlement is done dues will be paid shortly.

With respect to Statutory Auditors remark about Cash Losses, directors want to convey that adverse
business situations have led to these business losses. However, the same will be recovered in coming
years and it won't affect going concern status of the company

Rely to qualification or remarks by Secretarial Auditor

With reference to Secretarial Auditors remark on delay in appointment of Independent Director
Board of Directors state that Board took efforts to search for Independent Directors however
considering the financial position of the company it was difficult to attract candidate for the position
of Independent Directorship hence there was delay in filling up the position of independent Director

22. INTERNAL AUDIT

Pursuant to the provisions of Section 138 of the Companies act 2013 read with Companies (Accounts)
Rules, 2014, the board on recommendation of the Audit committee, appointed Shailesh Shringi and
Company, Chartered Accountant as the Internal Auditor of the Company. The Management regularly
reviews the findings of the Internal Auditor and effective steps to implement any
suggestions/observations of the Internal Auditors are taken and monitored regularly. In addition, the
Audit Committee of the Board regularly addresses significant issues raise d by the Internal Auditor.

23. INTERNAL FINANCIAL CONTROL

The Board of Directors has laid down Internal Financial Controls within the meaning of the
explanation to Section 134(5) (e) of the Companies Act, 2013. The Company has an internal financial
control system commensurate with the size and scale of its operations and the same has been
operating effectively.

24. CORPORATE RESPONSIBILITY STATEMENT (CSR):

The Company is not required to spend any amount for CSR activities at present.

25. DIRECTORS' RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their
knowledge and ability, confirm that:

1. in the preparation of the annual accounts, the applicable accounting standards had been
followed along with proper explanation relating to material departures;

2. the Directors had 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;

3. the Directors had 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;

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

5. the Directors, further state that they have laid down internal financial controls to be followed by
the Company and that such internal financial controls are adequate and were operating
effectively;

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

26. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE
EARNINGS AND OUTGO:

The information as required under Section 134(3)(m) of The Companies Act, 2013 read with Rule 8(3)
of The Companies (Accounts) Rules, 2014 with respect to conservation of energy, technology
absorption and foreign exchange earnings and outgo is given below:

A. Conservation of energy:

(i) the steps taken or impact on conservation of energy; N.A

(ii) the steps taken by the Company for utilizing alternate sources of energy; N.A

(iii) the capital investment on energy conservation equipment; N.A

B. Technology absorption:

The Company's operations do not require significant absorption of technology.

C. Foreign exchange earnings and Outgo:

Particulars Current Year Previous Year

In ' In USD In ' In USD

Foreign Exchange Earnings Nil Nil Nil Nil

Foreign Exchange Outgo Nil Nil Nil Nil

27. AUDIT COMMITTEE:

As on March 31, 2024 the Audit committee comprises Mrs. Aarati Sachin Khare, Independent
Directgor, Mr. Pradeep Kadekar (Independent Director) and Mrs. Jayashree Ashok Patil (Managing
Director). Mr. Kritika Agarwal Company Secretary was secretary to committee. Now post resignation
of Mrs. Kritika Agarwal, Mr. Piyush Kale Company Secretary and Compliance Officer is secretary to
committee. All members of the Audit Committee possess accounting and financial management
knowledge.

The committee has been carrying out its responsibility in accordance with the provisions of the Act.

The committee had met 5 (Five) times on 29-05-2023, 14-08-2023, 02-09-2023, 09-11-2023 and 14-02¬
2024 during the year.

Board has accepted all the recommendations of Audit Committee. Details of attendance of committee
meetings are as below.

28. NOMINATION AND REMUNERATION COMMITTEE:

As on March 31, 2024 the Nomination and Remuneration committee comprises Mrs. Aarati Sachin
Khare, Independent Director, Mr. Pradeep Kadekar (Independent Director) and Mr. Ashok Patil
(Director). Ms. Kritika Agarwal, Company Secretary was secretary to committee. Now post
resignation of Mrs. Kritika Agarwal, Mr. Piyush Kale Company Secretary and Compliance Officer is
secretary to committee

The Committee functions in accordance with the terms and reference of the policy. The committee
had met 2 (two) times on 02-09-2023 and 12-02-2024 during the year.

Details of attendance of committee meetings are as below.

29. STAKEHOLDER'S RELATIONSHIP COMMITTEE:

As on March 31, 2024 the Stakeholder's Relationship committee comprises Mr. Pradeep Kadekar
(Independent Director), Mrs. Aarati Sachin Khare, Independent Directgor Mrs. Jayashree Patil
(Managing Director) and Mr. Ashok Patil (Director). Ms. Kritika Agarwal Company Secretary of the
company was secretary to committee. Now post resignation of Mrs. Kritika Agarwal, Mr. Piyush Kale
Company Secretary and Compliance Officer is secretary to committee

This Committee has been formed to comply with the norms of the SEBI (Listing Obligation and
Disclosure Requirement) Regulations 2015. The Committee has been carrying out its functions very
smoothly and to enable the same had met 4 times on 29-05-2023, 14-08-2023, 09-11-2023 and 14-02¬
2024 during the year.

Details of attendance of committee meetings are as below.

30. VIGIL MECHANISM:

The Company has adopted a Whistle Blower Policy establishing vigil mechanism the Directors and
employees to report their genuine concerns about unethical behavior, actual or suspected fraud or
violation of the company's code of conduct; providing adequate safeguards against victimization;
providing direct access to the higher levels of supervisors and/or to the Chairman of the Audit
Committee, in appropriate or exceptional cases., to provide a formal mechanism to the Directors and
employees to report their concerns about unethical behavior, actual or suspected fraud or violation of
the Company's Code of Conduct or ethics policy.

The Policy provides for adequate safeguards against victimization of employees who avail of the
mechanism and also provides for direct access to the Chairman of the Audit Committee. 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 website of the company i.e. www.datiware.com.

During the year under review no fraud is reported by Statutory Auditors of the company.

31. PERFORMANCE OF EMPLOYEES:

1) The information required under Section 197 of the Act read with rule 5(1) of the Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014 are given below:

NOTE:

1.

a. No remuneration is paid to any directors.

b. Ms Kritika Agarwal was appointed as Company Secretary and Compliance Officer of
the Company w.e.f. 06^th June 2020. There has been no increase in her remuneration
hence percentage increase in remuneration is not applicable.

2. The percentage increase in the median remuneration of employees in the financial year
2023-2024: NIL

3. The number of permanent employees on the rolls of company: 4

4. Average percentile increase already made in the salaries of employees other than the
managerial personnel in the last financial year and its comparison with the percentile
increase in the managerial remuneration and justification thereof and point out if there
are any exceptional circumstances for increase in the managerial remuneration: Since
the company has just started operations there has been no increase in Managerial
remuneration. Further there is no increase in remuneration of other employees hence
there are no exceptional circumstances for increase in the managerial remuneration.

5. The key parameters for any variable component of remuneration availed by the
directors: No remuneration has been paid to Directors on the basis of variable
component.

6. We hereby affirm that the remuneration is as per policy recommended by Nomination
and Remuneration committee and adopted by the Company.

2) Details of the top ten employees of the Company in terms of remuneration drawn as required
pursuant to 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel)
Rules,2014 :

Note:

1. There are only 4 employees other than Managing Director .

2. Mr. Nachiket Patil the CFO of the Company is the son of Mr Ashok Patil, Director and Mrs.
Jayashree Patil, MD of the Company.

32. DETAILS OF SUBSIDIARY / JOINT VENTURES / ASSOCIATE COMPANIES:

The Company does not have Subsidiary/Joint Ventures/Associate Companies.

33. COST AUDIT:

As per Section 148 of the Act, the Company is not required to maintain and have the audit of its cost
records conducted by a Cost Accountant in practice

34. RISK MANAGEMENT:

The Board of the Company has formed a Risk Management Committee in accordance with the
provisions of the Act and Regulation 17(9) of the Listing Regulations. The Committee is responsible
for reviewing the risk management plan and ensuring its effectiveness. The audit committee has
additional oversight in the area of financial risks and controls. Policy to manage risk is also placed on
the website of the Company. During the year, risk analysis and assessment was conducted and the
details of the same are covered in the Management Discussion and Analysis Report of the Company.

35. FAMILIARIZATION PROGRAMME:

Pursuant to Regulation 25 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations
2015 , the Company has formulated a programme for familiarizing the Independent Directors with
the Company, their roles, rights, responsibilities in the Company, nature of the industry in which the
Company operates, business model of the Company etc. through various initiatives. Details of the
Familiarization Programme of the Independent Directors are available on the website of the
Company.

36. SEXUAL HARASSMENT OF WOMEN AT WORKPLACE:

The Company has adopted a policy on Prevention, Prohibition and Redressal of Sexual Harassment at
the Workplace, in line with the provisions of the Sexual Harassment of Women at Workplace
Prevention, Prohibition and Redressal) Act 2013 and the Rules thereunder which is available on the
website of the Company. The Policy aims to provide protection to employees at the work place and
prevent and redress complaints of sexual harassment and for matters connected or incidental thereto,
with the objective of providing a safe working environment, where employees feel secure.

The Company has not received any complaint of sexual harassment during the financial year 2023-24.

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. The following is a summary of sexual harassment complaints received and disposed of
during the year:

(a) Number of complaints pending at the beginning of the year: NIL

(b) Number of complaints received during the year: NIL

(c) Number of complaints disposed off during the year: NIL

(d) Number of cases pending at the end of the year.: NIL

37. COMPLIANCE WITH SECRETARIAL STANDARDS

During the year under review, your Company has complied with all the applicable secretarial
standards. The same has also been confirmed by Secretarial Auditors of the Company.

38. DISCLOSURES WITH RESPECT TO DEMAT SUSPENSE ACCOUNT / UNCLAIMED
SUSPENSE ACCOUNT

The Company does not have any equity shares lying in the demat suspense account/unclaimed
suspense account of the Company as on 31 March 2024. Hence disclosures required under Part F of
Schedule V of the Listing Regulations is not applicable

39. ACKNOWLEDGEMENT:

Your Directors wish to place on record their appreciation for the co-operation extended by all the
employees, Bankers, Financial Institutions, various State and Central Government authorities and
stakeholders.

On behalf of the Board of Directors
Jayashree Patil Ashok Patil

Place: Pune Managing Director Director

Date: 14-08-2024 (DIN 02419826) (DIN 00766354)