The Directors have the pleasure of presenting before you the 29^th Annual Report of
the Company together with the Audited Financial Statements for the financial year
ended 31^st March 2025.

FINANCIAL SUMMARY/HIGHLIGHTS, OPERATIONS, STATE OF AFFAIRS:

The performance during the period ended 31^st March 2024 has been as under

Oriental’s marble processing facilities are based at Gummidipoondi near Chennai,
Tamilnadu-601201. Here, the company has fully integrated processing facilities
equipped with state-of-the-art machinery, namely Gangsaws, automatic Resin Lines
with robotic feeds, imported from SEI, Italy, one of the pioneers and leaders in
manufacturing machinery for the marble industry, imported automatic Line Polishers
and imported Grinding Machines. Thus, the company ensures that the marble
processed in its factory is comparable to the quality processed in Europe and
elsewhere.

Well-known architects, significant corporations in the building and construction industry,
hotels, hospitals, shopping malls, and commercial, retail and residential projects prefer
marble supplied by Oriental. Oriental has procured, processed and provided marble
to the major developers, contractors, hotels and institutional buyers in the Northern
region, including the Delhi NCR; the Southern Region, Bangalore and Chennai; and
the Eastern Region, Kolkata.

The company is presently operating with its own Sales and Marketing Outlets, including
a newly constructed showroom at Greater Noida, and coming up with another
showroom in Delhi by next year to meet the growing demand for imported Marble.
The company is the only processor and supplier of Imported Marble having a PAN
India Presence.

The company has a team of qualified and experienced Marketing staff at all its locations
headed and controlled by the senior Management.

The company’s business performance is directly related to the real-estate sector &
infrastructure, which has slashed down due to sluggish product demand. The company
has imported fresh raw materials during the financial year 2024-25 in which most of
material are in transit and prefers to buy some finished materials from the domestic
market to meet priority orders. The revenue of the company has increased by 297.64%
in comparison to the previous year. The profit/(loss) of the company before tax is Rs.
853.21 Lacs, comparable to Rs. (648.59) lacs during the previous year.

CHANGE IN THE NATURE OF BUSINESS.

There is no Change in the nature of the business of the Company during the year
under review.

MATERIAL CHANGES AND COMMITMENTS, AFFECTING THE FINANCIAL
POSITION OF THE COMPANY WHICH HAVE OCCURRED BETWEEN THE END
OF THE FINANCIAL YEAR OF THE COMPANY TO WHICH THE FINANCIAL
STATEMENTS RELATE AND THE DATE OF THE REPORT;

There is no such material change and commitments except some futuristic statements
as discussed in Management’s discussion.

DIVIDEND

Your Directors do not recommend any dividend for the financial year under review.
TRANSFER TO RESERVE

The Board does not recommend transferring any amount to the reserve, as there
were no profits.

SHARE CAPITAL

During the year under review there are change in share capital of the Company.

The Authorized Share Capital of the Company had been increased from Rs.
70,00,00,000/- (Rupees Seventy Crores Only) to Rs. 75,00,00,000/- (Rupees Seventy-
Five Crores Only).

During the year under review, 4,41,04,656 equity shares were allotted by way of rights
issue.

The paid-up share capital of the Company have been increased from Rs. 29,40,26,090
to Rs. 73,50,72,650.

BOARD MEETINGS

The Board of Directors duly met seven times during the year.

DIRECTOR AND KEY MANAGERIAL PERSONNEL

Mr. Baldev Kumar Lakhanpal, Non-executive Director (DIN: 08144265), retired by
rotation and offered himself for re-appointment at the ensuing Annual General Meeting.

Mr. Suresh Kumar Tanwar (DIN: 03490929) Independent Director of the Company
had resigned from the Board of Directors of the Company due to personal reasons
with effect from 26 April, 2024.

Mrs. Purva Mirajkar had been appointed as Company Secretary and Compliance Officer
of the Company with effect from 11^th May ,2024.

Mr. Aditya Gupta (DIN: 08460431) had been re-appointed as a Non-executive Independent
Director for a second term of consecutive five years effective from 30^th May 2024.

Mr. Jitendra Surendra Gupta (DIN: 07639095), has appointed as an Independent
Director under the category of Independent Director on 03.09.2024 and he resigned
from directorship w.e.f. 1^st March, 2025 due to personal reason.

Ms. Purva Mirajkar, Company Secretary & Compliance Officer of the Company has
resigned from the Company w.e.f 10^th December, 2024 due to his personal reasons.

Ms. Pooja Somani has been appointed as Company Secretary & Compliance Officer
of the Company w.e.f 18^th January, 2025.

Mr. Dinesh Narang (DIN: 03098779), has been appointed as an Additional Director
under the category of Independent Director w.e.f. 23.05.2025.

Mr. Rajesh Punia (DIN : 00010289) has been re-appointed as Managing Director for
five years w.e.f 1^st January, 2026.

DECLARATION FROM INDEPENDENT DIRECTORS ON ANNUAL BASIS

The Company has received a declaration from an Independent director of the company
to the effect that they are meeting the criteria of independence as provided in Sub¬
section (6) of Section 149 of the Companies Act, 2013.

AUDIT COMMITTEE AND OTHER BOARD COMMITTEES

The details pertaining to the composition of the Audit Committee and other Board
Committees and their roles, terms of reference, etc., are included in the Corporate
Governance Report, which forms part of this Annual Report.

VIGIL MECHANISM AND COMPOSITION OF AUDIT COMMITTEE

The Company has established a Vigil Mechanism Policy for directors and employees
to report genuine concerns pursuant to the provisions of sections 177(9) & (10) of the
Companies Act, 2013.

DIRECTOR’S RESPONSIBILITY STATEMENT

In pursuance of section 134 (5) of the Companies Act, 2013, the Directors hereby
confirm that:

a) In the preparation of the annual accounts, the applicable accounting standards
were followed along with proper explanation relating to material departures;

b) The Directors had selected such accounting policies and applied them
consistently and made judgments and estimates that are reasonable and prudent
to give an accurate 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;

c) 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;

d) The Directors had prepared the annual accounts on a going concern basis, and

e) The Directors had laid down internal financial controls to be followed by the
company and that such internal financial controls were adequate and were
operating effectively.

f) The Directors had devised proper systems to ensure compliance with the
provisions of all applicable laws and that such systems were adequate and

STATUTORY COMPLIANCE

The Company has complied with the required provisions relating to statutory
compliance with regard to the affairs of the Company in all respects.

SUBSIDIARIES, JOINT VENTURES, ASSOCIATES COMPANY

The Company has not any subsidiaries, Associates or Joint Ventures
ANNUAL RETURN

In terms of Section 92(3) of the Companies Act, 2013, read with Rule 12 of the
Companies (Management & Administration) Rules, 2014, the Annual Return, in Form
MGT -7, is available on the Company’s website at www.orientaltrimex.com and can
be accessed at https://www.orientaltrimex.com/admin/assets/investors/
FORM_MGT_7.pdf

STATUTORY AUDITOR’S REPORT

There are no reservations, qualifications, adverse remarks or disclaimers in the
Independent Auditor’s Report. The notes forming part of the accounts are self¬
explanatory and do not call for further clarification under Section 134 (3) (f) of the
Companies Act, 2013.

STATUTORY AUDITOR’S

The Board of Directors of the Company, based on the recommendation of the Audit
Committee, at their Meeting held on 31st July, 2025 recommended the appointment
of M/s. Aditya S Jain and Company, Chartered Accountants (Firm Registration No.
021994N) as Statutory Auditors of the Company for a first term of five consecutive
years to hold office from the conclusion of the 29^th AGM till the conclusion of the 34^th
AGM of the Company.

Accordingly, a resolution seeking Members’ approval for the appointment of M/s. M/s.
Aditya S Jain and Company, Chartered Accountants (Firm Registration No. 021994N),
as the Statutory Auditors of the Company has been included in the Notice convening
the 29^th AGM.

M/s. S. Agarwal & Co., Chartered Accountants, New Delhi (Firm Registration No.
000808N) were appointed as Statutory Auditors of the Company until the conclusion
of the 29^th Annual General Meeting of the Company.

Other disclosure regarding Auditor appointment
REPORTING OF FRAUDS BY AUDITORS

During the year under review, no instance of fraud has been reported by any of the
Auditors of the Company under Section 143(12) of the Companies Act 2013 to the
Audit Committee/ Board of Directors or the Central Government. Therefore, no detail
is required to be disclosed under Section 134(3)(ca) of the Companies Act.

SECRETARIAL AUDIT

Pursuant to the provisions of Section 134(3)(f) & Section 204 of the Companies Act,
2013, Secretarial Audit Report as provided by M/s. Aman Kesarwani &
Associates (COP 20780), Practicing Company Secretaries is annexed to this Report
as Annexure-I

Further, pursuant to the provisions of Regulation 24A of the Listing Regulations and
in accordance with Section 204 of the Act, basis recommendation of the Board, the
Company is required to appoint Secretarial Auditor, with the approval of the Members
at its AGM.

The Board of the Company has recommended the appointment of M/s. Aman
Kesarwani & Associates, Company Secretaries (COP 20780) as the Secretarial Auditor
of the Company for a period of 5 (five) consecutive financial years i.e. from FY2025-
26 up to FY2029-30, subject to approval of the Members at the ensuing AGM of the
Company, to undertake Secretarial Audit as required under the Companies Act and
Listing Regulations.

The Secretarial Auditor has confirmed that he holds valid certificate issued by the
Peer Review Board of ICSI.

MAINTENANCE OF COST RECORDS

The company has maintained the books of accounts pursuant to the rules made by
the central government for the maintenance of cost records under section 148(1) of
the Companies Act 2013.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN
EXCHANGE OUTGO:

Information required under section 134(3)(m) of the Companies Act, 2013, read with
Rule 8 of the Companies (Accounts) Rules,2014, is given in Annexure-llto this report.

DEPOSITS

The Company has not accepted any deposits covered under Chapter V of the
Companies Act 2013.

SIGNIFICANT & MATERIAL ORDERS PASSED BY THE REGULATORS:

During the period under review, there were no significant and material orders passed
by the regulators or Courts or Tribunals impacting the going concern status and the
company’s operations in future.

DETAILS OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS:

Your Company has well-established procedures for internal control across its various
locations, commensurate with its size and operations. The organisation is adequately
staffed with qualified and experienced personnel for implementing and monitoring the
internal control environment.

The internal audit function is adequately resourced commensurate with the operations
of the company and reports to the Audit Committee of the Board.

INSURANCE

The properties and assets of your Company are adequately insured.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

The company has not given loans or guarantees or made any investments during the
year under review.

RISK MANAGEMENT POLICY

Your Company follows a comprehensive system of Risk Management. Your Company
has adopted a procedure for assessment and minimization of probable risks. It ensures
that all the risks are timely defined and mitigated in accordance with the well-structured
risk management process.

CORPORATE SOCIAL RESPONSIBILITY POLICY

Since your Company does not have a net worth of Rs. 500 Crore or more or turnover
of Rs 1000 Crore or more, or a net profit of Rs. 5 Crore or more during the financial
year, section 135 of the Companies Act, 2013 relating to Corporate Social
Responsibility is not applicable and hence the Company need not adopt any Corporate
Social Responsibility Policy.

RELATED PARTY TRANSACTIONS:

All contracts/arrangements/transactions entered by the Company during the financial
year with related parties were in the ordinary course of business and on an arm’s
length basis.

BOARD EVALUATION

Pursuant to the provision of the Companies Act, 2013 and SEBI (Listing Obligations
and Disclosure Requirement) Regulations 2015, the Board has carried out an annual
performance evaluation of its performance, the directors individually as well as the
evaluation of the working of its various Committees. The manner in which the evaluation
has been carried out is explained in the Corporate Governance Report.

NOMINATION AND REMUNERATION POLICY

The Board of Directors, on the recommendation of the Nomination & Remuneration
Committee, has approved a policy for the selection, appointment & remuneration of
Directors, Key Managerial Personnel (KMP) and Senior Management employees of
the Company. The said policy is enclosed as a part of this report as Annexure - Ill.

REMUNERATION OF THE DIRECTORS / KEY MANAGERIAL PERSONNEL (KMP)
AND PARTICULARS OF EMPLOYEES

The information required pursuant to Section 197(12) of the Companies Act, 2013,
read Rule 5 of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014, in respect of Directors / Key Managerial Personnel (KMP)
and Employees of the Company is furnished hereunder:

i. the ratio of the remuneration of each Director to the median remuneration of the
employees of the Company for the financial year &

ii. the percentage increase in remuneration of each Director, Chief Financial Officer,
Chief Executive Officer, Company Secretary or Manager, if any, in the financial
year.

The Non-Executive Directors are paid only sitting fees for attending meetings of the
Board of Directors and the Committees constituted by the Board.

(iii) The number of permanent employees on the rolls of the Company.

Sixteen (16)

(iv) 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.

NIL

(v) The remuneration paid to the Directors / Key Managerial Personnel (KMP) is in
accordance with the remuneration policy of the Company.

LISTING WITH STOCK EXCHANGES:

The shares of the Company are listed on National Stock Exchange of India Limited
and BSE Limited. The Company has not paid the Annual Listing Fees for the year
2025-2026 to the Stock Exchange where the Company’s Shares are listed.

CORPORATE GOVERNANCE:

The Company adheres to the requirements set out by the Securities and Exchange
Board of India’s Corporate Governance Practices and has implemented all the
stipulations prescribed. As per Schedule-V of SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015 a separate section of Corporate Governance together
with certificate of Statutory Auditor confirming compliance with the requirements of
corporate governance form part of the Annual Report.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

As required under Regulation 34 of SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015, the Management Discussion and Analysis Report
is enclosed as a part of this report.

INDUSTRY BASED DISCLOSURES AS MANDATED BY THE RESPECTIVE
LAWSGOVERNING THE COMPANY

The Company is not a NBFC, Housing Companies etc., and hence Industry based
disclosures is not required.

PARTICULARS OF EMPLOYEES:

Your Directors are pleased to record their sincere appreciation of the contribution by
the staff at all levels in the improved performance of the Company.

EMPLOYEE RELATIONS:

Oriental aims at adopting the best practices for accomplishing competitive advantage
through people and building profits by putting people first. It endeavours to devise

strategies to attract the best talent and to ensure their retention by building trust and
encouraging loyalty in them. We believe that to build a sound and growing business in
a difficult and complex industry, employees are vital to the Company. Their skills,
knowledge, ideas and enthusiasm drive our business. We have also achieved this by
giving them development and advancement opportunities along-with competitive
compensations and benefits that appropriately reward performance. Pay revisions
and other benefits are also designed in such a way to compensate for good performance
of the employees of the company. The talent base of your company has steadily
increased and your company has created a favourable work environment which
encourages innovation and meritocracy. The Company has also set up a scalable
recruitment and human resource management process which enables us to attract
and retain high calibre employees.

CONSTITUTION OF INTERNAL COMPLAINTS COMMITTEE UNDER SEXUAL
HARASSMENT OF WOMEN IN WORKPLACE (PREVENTION, PROHIBITION &
REDRESSAL) ACT, 2013

The Company has not appointed any woman employees from last several years
therefore company has not constituted Internal Complaints Committee under Sexual
Harassment of Women in Workplace (Prevention, Prohibition & Redressed) Act, 2013.

ACKNOWLEDGMENTS & APPRECIATIONS

The Board places on record its appreciation for the continued co-operation and support
extended to the Company by the Banks, Stock Exchanges, NSD and CDSL. The
Board wishes to express its grateful appreciation for the assistance and co-operation
received from vendors, customers, banks, financial institutions, Central and State
Government bodies, auditors, legal advisors, consultants, dealers, retailers and other
business associates.

The Board deeply acknowledges the trust and confidence placed by the consumers
of the Company and, above all, the shareholders.

By order of the Board of Directors
For ORIENTAL TRIMEX LIMITED

Sd/- Sd/-

Rajesh Punia Savita Punia

Place: New Delhi Managing Director Whole Time Director

Date:31.07.2025 (DIN No.00010289) (DIN No.00010311)