We are pleased to present the report on our business and operations for the year ended 31^st March, 2024.

1. Results of our Operations:

The Company's financial performance for the year ended 31^st March, 2024 is summarized below;

a. Review of operations and affairs of the Company:

During the year under review, the Company has made Net Profit of Rs. 235.21 lacs as compared to Rs.81.63 lacs in the year.
Sales of the company came down substantially during first two quarter of the financial year for want of orders for the new
products. In spite of efforts by the Directors, the Orders for new products were not received till date in the current year.
The Directors are continuing to approach the customers to secure the orders but the company has not received the orders
and the situation is uncertain presently. However, the Directors are hopeful that in the long term the situation will improve.

b. Change in Nature of Business:

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

c. Dividend:

The Board does not recommend any Dividend during the year under review.

d. Transfer to Reserves:

The Company has not proposed to transfer any amount to any reserve.

e. Transfer of Unclaimed Dividend to Investor Education and Protection Fund:

The provisions of section 125(2) of the Companies Act, 2013 is not applicable to the Company.

f. Details relating to deposits, covered under Chapter V of the Companies Act, 2013:

g. Details of Deposits which are not in compliance with the requirements of Chapter V of the Companies Act, 2013:

The Company has not accepted any deposits during the year under review and hence the compliance with the provisions
of the Chapter V of the Companies Act, 2013 does not arise.

h. Particulars of loans, guarantees or investments:

During the year under review, the Company has not granted any loan or given any guarantee or provided any security. The
details of Investments made by the Company are provided in Note No. 3 of the Financial Statement.

i. Particulars of contracts or arrangements made with related parties:

The Company has entered into related party transaction and the particulars of contracts or arrangements with related
parties referred to in section 188(1) of the Companies Act, 2013, as prescribed in Form AOC-2 is appended as Annexure I.
The Policy on Related Party Transaction can be viewed on our website http://www.sreechem.in/policy.php

j. Material changes & commitments affecting financial position of the Company, occurring between the end of
financial year and the Boards Report date:

The Company do not have orders for the new products from start of the current financial year which may affect the
financials of the current year. There are no material changes or commitments likely to affect the financial position of the
Company which in the opinion of your Board has an impact on the functioning and working of the Company. The operations

of the Company have effectively been managed and the Management reviews the performance from time to time in order
to monitor the business activities of the Company.

k. Variation in market Capitalization:

During the financial year under review, the shares of the Company were frequently traded. However, the variation in the
Market Capitalization of the Company as on 31^st March 2024 is as follows:

l. Management's Discussion and Analysis:

Management's Discussion and Analysis Report for the year under review, as stipulated under Schedule V (B) of Regulation
34(2) (e) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, is appended as Annexure II to this
report.

m. Director's Responsibility Statement:

Pursuant to Section 134(3) (c) and Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their
knowledge and ability, confirm that:

i. In the preparation of the annual accounts, the applicable Indian Accounting Standards have been followed and
there are no 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 the Companies Act, 2013 (erstwhile Companies Act, 1956) 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 internal financial controls to be followed by the Company and such internal
financial controls are adequate and operating effectively;

vi. The directors have devised proper systems to ensure compliance with the provisions of all applicable laws and
that such systems were adequate and operating effectively.

n. Recommendations of the Audit Committee:

During the year under review, all the recommendations made by the Audit Committee were accepted by the Board.

2. Human Resource Management:

To ensure good human resources management at Sreechem Resins Limited, we focus on all aspects of the employee lifecycle.
This provides a holistic experience for the employee as well. During their tenure at the Company, employees are motivated
through various skill-development, engagement and volunteering programs. All the while, we create effective dialogues through
our communication channels to ensure that the feedback reach the relevant teams, including the leadership.

a. Particulars of employees:

The table containing the details of remuneration of Directors and Employees in accordance with the provisions of Section
197(12) of the Companies Act, 2013, read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014, is appended as Annexure III to this report.

There are no employees who were in receipt of remuneration in excess of the ceiling prescribed in the Rule 5(2) of the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

Further as on 31^st March, 2024 the Company had 81 employees and the Disclosure with respect to details of the Top 10
employees as on 31^st March, 2024 in pursuance to Rule 5(2) & Rule 5(3) of the Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014 is given under Annexure IV.

The Company currently has not provided any Employee Stock Option Scheme/Employee Stock Purchase Scheme to its
employees.

b. Key Managerial Personnel:

i. Managing Director or Chief Executive Officer or Manager and in their absence, a Whole-Time Director:

> Mr. Binod Sharma (DIN: 00557039), Managing Director.

> Mr. Vikram Kabra (DIN: 00746232), Whole Time Director.

> Mr. Vibhor Sharma (DIN: 03011540), Whole Time Director.

ii. Company Secretary:

> Ms. Komal Bhauwala : Company Secretary cum Compliance Officer.

iii. Chief Financial Officer:

> Mr. Prabhu Dayal Somani : Chief Financial Officer.

3. Corporate Governance:

Corporate governance is an ethically driven business process that is committed to values aimed at enhancing an organization's
brand and reputation. This is ensured by taking ethical business decisions and conducting business with a firm commitment to
values, while meeting stakeholders' expectations. At Sreechem Resins Limited, it is imperative that our company affairs are
managed in a fair and transparent manner. This is vital to gain and retain the trust of our stakeholders. The Company is
committed to maintain the highest standards of corporate governance and adhere to the corporate governance requirements
set out by SEBI. The Company has also implemented several best corporate governance practices as prevalent globally.

As per the Regulation 15(2) (a) of Chapter IV of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations 2015; The compliance with the Corporate Governance provisions as specified in regulations 17, 18,
19, 20, 21,22, 23, 24, 25, 26, 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and para C , D and E of Schedule V
shall not apply, in respect of the Listed entity having paid up Equity share capital not exceeding Rs. 10 Crore and Net-worth not
exceeding of 25 Crore, as on the last day of the Previous financial year. It is hereby informed that your Company during the
Previous Financial Year ended 31^st March, 2023 and 31^st March, 2024 had the paid-up capital of Rs. 4,00,00,000/- divided in to
40,00,000 Equity Shares of Rs. 10/- each and the Net-worth of the Company was Rs. 1,143.44 /- Lakhs and Rs. 13,79.58/- Lakhs
respectively. Thus, the compliance with provisions of Corporate Governance in accordance with Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to your Company.

a. Compliance Department:

> Ms. Komal Bhauwala is the Company Secretary cum Compliance Officer of the Company.

The Compliance department of the Company is responsible for independently ensuring that the operating and business
units comply with regulatory and internal guidelines. New instructions/guidelines issued by the Regulatory authorities
were disseminated across the Company to ensure that the business and business units operate within the boundaries set
by the regulators and that compliance risks are suitably monitored and mitigated in course of their activities & processes.

b. Information on the Board of Directors of the Company:

The following changes took place in the Composition of Board of Directors of the Company;

i. ) The Board at its Meeting held on 30^th August, 2023 approved the following:

i. ) Appointment of Mr. Vinay Joshi (DIN: 10298402) as an Additional Director cum Independent Director

for a period of five year w.e.f. 30^th August, 2023 upto 29^th August, 2028.

ii. ) Resignation of Mr. Vishal Joshi (DIN: 03290549) from the Board of Directors of the Company.

ii. ) The Shareholders at the Annual General Meeting of the Company held on 29^th September, 2023 approved the

following:

i. Re-Appointment of Mr. Vibhor Sharma (DIN: 03011540), Retirement by Rotation.

ii. Re-Appointment of Mr. Binod Sharma (DIN: 00557039) as Managing Director for a period of five years
w.e.f 01^st April, 2023 upto 31^st March, 2028.

iii. Re-Appointment of Mr. Vikram Kabra (DIN: 00746232) as Whole Time Director for a period of five
years w.e.f. 01^st April, 2023 upto 31^st March, 2028.

iv. Re-Appointment of Mrs. Sweta Maheshwari (DIN: 07389832) as an Independent Director for a period
of five years w.e.f. 01^st April, 2023 upto 31^st March, 2028.

v. Re-Appointment of Mr. Niwesh Sharma (DIN: 08099366) as an Independent Director for a period of
five years w.e.f. 01^st April, 2023 upto 31^st March, 2028.

vi. Appointment of Mr. Vinay Joshi (DIN: 10298402) as Independent Director for a period of five years
w.e.f. 30th August, 2023 upto 29th August, 2028.

iii. ) In compliance with the Companies Act, 2013 the following directors are proposed to be appointed/re-appointed

as Director/Independent Directors/Executive Director of the Company by the approval of the Share Holders of the
Company;

i. Re-Appointment of Mr. Binod Sharma (DIN: 00557039), Retirement by Rotation.

c. Board Diversity:

The Company recognizes and embraces the importance of a diverse board in its success. We believe that a truly diverse
board will leverage differences in thought, perspective, knowledge, skill, regional and industry experience, cultural and
geographical background, age, ethnicity, race and gender, which will help us, retain our competitive advantage. The Board
has adopted the Board Diversity Policy which sets out the approach to diversity of the Board of Directors. The Board
Diversity Policy is available on our website http://www.sreechem.in/policy.php.

d. Details with regard to meeting of Board of Directors and attendance during the year of the Company:

(i) Composition of the Board of Directors as on the date of this Report is mentioned below;

(ii) Meeting of Board of Directors and Attendance During the Year:

During the FY 2023-2024, 8 (Eight) meetings of the Board of Directors of the Company were held i.e. on 01^s'
April, 2023, 30^th May, 2023, 08^th August 2023, 30^th August, 2023, 14 November, 2023, 21^st December 2023, 7^th
February 2024 & 16^th February, 2024. The gap between two meetings did not exceed 120 days. The attendance
of the members at the Board of Directors meetings was as follows:_

Note: 1. Resigned w.e.f. 30^th August, 2023 2. Appointed w.e.f. 30^th August, 2023

*The Directorships held by the Directors as mentioned above do not include Alternate Directorships
and Directorships held in Foreign Companies, and Companies registered under Section 25 of the Companies Act,
1956 or Section 8 of the Companies Act, 2013.

#In accordance with Regulation 26 (1) (b) of SEBI (Listing Obligations & Disclosure Requirements) Regulations,
2015 Membership/Chairpersonship of only the Audit Committees and Stakeholders’ Relationship Committee in
all Public Limited Companies has only been considered.

e. Policy on Directors' Appointment and Remuneration:

The current policy is to have an appropriate mix of executive, non-executive and independent directors to maintain the
independence of the Board, and separate its functions of governance and management. As on 31^st March, 2024, the Board
consist of 6 Members, 3 of whom are Executive Directors and the 3 others are Independent Directors. The Board
periodically evaluates the need for change in its composition and size.

The Policy of the Company on Director's Appointment and Remuneration, including criteria for determining qualifications,
positive attributes, independence of director and other matters provided under Section 178(3) of the Companies Act, 2013,
adopted by the Board, is available on our website http://www.sreechem.in/policy.php We affirm that the Remuneration
paid to the directors is as per the terms laid out in the said policy.

f. Declaration by Independent Directors:

The Company has received necessary declarations under Section 149(7) of the Companies Act, 2013, from the Independent
Director(s) that, they meet the criteria of independence laid down in Section 149(6) of the Companies Act, 2013 and
Regulation 16(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015.

In the opinion of Board of Directors of the Company, Independent Directors of your Company holds highest standards of
integrity and are highly qualified, recognized and respected individually in their respective fields. The composition of
Independent Directors is the optimum mix of expertise (including financial expertise), leadership and professionalism.

g. Training of Independent Directors:

Every new Independent Director at the time of appointment is issued a detailed Appointment Letter incorporating the Role,
Duties and Responsibilities, Remuneration and Performance evaluation process, Code of Conduct and obligations on
disclosures.

Further every new Independent Director is provided with copy of latest Annual Report, the Code of Conduct, the Code of
Conduct for Internal Procedures and to Regulate, Monitor and Report Trading by Insiders (“Code of Insider Trading”) and
the Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information (Code for Fair Practice),
Tentative Schedule of upcoming Board and Committee meetings.

The Company through its Executive Directors / Key Managerial Personnel conduct programs /presentations periodically
to familiarize the Independent Directors with the strategy, operations and functions of the Company.

Thus, such programs / presentations provide an opportunity to the Independent Directors to interact with the senior
leadership team of the Company and help them to understand the Company’s strategy, business model, operations, service
and product offerings, markets, organization structure, finance, human resources, technology, quality, facilities and risk
management and such other areas as may arise from time to time. The Policy on the Familiarization Programme for
Independent Directors is available on our website http://www.sreechem.in/policy.php.

h. Statement regarding opinion of the Board with regard to integrity, expertise and experience (including the
proficiency) of the independent directors appointed during the year:

In the opinion of the Board, there has been no change in the circumstances which may affect their status as Independent
Directors of the Company and the Board is satisfied of the integrity, expertise, and experience (including proficiency in
terms of Section 150(1) of the Act and applicable rules thereunder) of all Independent Directors on the Board. Further, in
terms of Section 150 read with Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014, as
amended, Independent Directors of the Company have included their names in the data bank of Independent Directors
maintained with the Indian Institute of Corporate Affairs.

i. Board's Committees:

Currently, the Board has three Committees: the Audit Committee, the Nomination and Remuneration Committee, and the
Stakeholder's Relationship Committee. All Committees are appropriately constituted

i.) The details of the composition of the Committees as on the date of this Renort is mentioned helow:

Note: 1. Appointed w.e.f. 30^th August, 2023

a) MEETING OF AUDIT COMMITTEE AND ATTENDANCE DURING THE YEAR:

During the financial year under review, The Audit Committee Meetings was held 4 times in the year viz., on
30^th May 2023, 08^th August, 2023, 14^th November, 2023 and 07^th February, 2024 and the attendance of the

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Note: 1. Resigned w.e.f. 30^th August, 2023 2. Appointed w.e.f. 30^th August, 2023

h) MEETINGS OF NOMINATION AND REMUNERATION COMMITTEE AND ATTENDANCE DURING THE YEAR:
During the financial year under review, the Nomination and Remuneration Committee Meetings was held three
times in the year on 01^st April, 2023, 30^th August, 2023 and 21^st December, 2023. The attendance of the members
at the Nomination and Remuneration Committee meeting was as follows:

Note: 1. Resigned w.e.f. 30^th August, 2023 2. Appointed w.e.f. 30^th August, 2023

c) MEETING OF STAKEHOLDER RELATIONSHIP COMMITTEE AND ATTENDANCE DURING THE YEAR:

During the financial year under review, Stakeholder Relationship Committee Meetings was held 4 times in the
year viz., 30^th May, 2023, 08^th August, 2023, 14^th November, 2023 and 07^th February, 2024 and the attendance of
the members at the Stakeholder Relationship Committee meeting was as follows:

Note: 1. Resigned w.e.f. 30^th August, 2023 2. Appointed w.e.f. 30^th August, 2023

j. Board Evaluation:

The Board of Directors has carried out an Annual Evaluation of its “own performance", “Board committees" and “Individual
Directors" pursuant to the section 134(3) of the Companies Act, 2013.

The performance of the Board was evaluated by the Board after seeking inputs from all the directors on the basis of the
criteria such as the Board composition and structure, effectiveness of board processes, information and functioning, etc.

The performance of the Committees was evaluated by the Board after seeking inputs from the Committee members on the
basis of the criteria such as the composition of Committees, effectiveness of Committee meetings, etc.

The Board and the Nomination and Remuneration Committee (“NRC") reviewed the performance of the individual
Directors on the basis of the criteria such as the contribution of the individual Director to the Board and committee
meetings like preparedness on the issues to be discussed, meaningful and constructive contribution and inputs in meetings,
etc.

In a separate meeting of Independent Directors, performance of non-Independent Directors, performance of the Board as
a whole was evaluated. The same was discussed in the Board meeting that followed the meeting of the Independent
Directors at which the report as submitted by the Independent Directors was taken on record and discussed.

k. Listing:

The equity shares of Sreechem Resins Ltd. (Scrip Code: 514248) are listed at BSE (INE377C01010) and The Calcutta Stock
Exchange.

Your Company has paid the Listing Fees to the BSE Limited for the FY 2023-2024 & 2024-2025 in terms of Uniform Listing
Agreement entered with the said Stock Exchange.

The Shares of the Company are suspended at The Calcutta Stock Exchange.

l. Insider Trading:

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, your Company has constituted a
comprehensive Code titled as “Code of Conduct for Internal Procedures and to Regulate, Monitor and Report Trading by
Insiders" which lays down guidelines and advises the Directors and Employees of the Company on procedures to be
followed and disclosures to be made while dealing insecurities of the Company. The said policy is available on our website
http://www.sreechem.in/policy.php

4. Auditors:

a. Statutory Auditor:

At the Annual General Meeting held on 28^th September 2022, M/s R C Jhawer & Co, Chartered Accountants, (Firm
Registration No. 310068E) were appointed as Statutory Auditor of the Company to hold office from the conclusion of this
the 34^th Annual General Meeting till the conclusion of the 39^th Annual General Meeting of the Company to be held in the
year 2027.

b. Secretarial Auditors:

M/s. N.K. & Associates, Practising Company Secretaries are the Secretarial Auditors of the Company.

The Secretarial Audit Report for the FY 2023-2024 is appended as Annexure V to this report

c. Cost Auditors:

Pursuant to Rule 3 of Companies (Cost Records and Audit) Rules, 2014 read with Companies (Cost Records and Audit)
Amendment rules, 2014, Cost Audit is not applicable to your company.

d. Internal Auditor:

The Board of Directors had appointed M/s. B K Choraria & Co as the Internal Auditor of the Company pursuant to the
provisions of Section 138 of the Companies Act, 2013 for the Financial Year 2023-2024.

e. Comments of the Board on the qualification/reservation/adverse remarks/ Observations/disclosure made:

(i) by the Statutory Auditor in the Audit Report:

The Statutory Audit report does not contain any qualification, reservation or adverse remarks.

(ii) by the Secretarial Auditor in the Secretarial Audit Report:

i. The Company being a listed entity has been suspended from the Calcutta Stock Exchange ('CSE') and
the status is under 'Z' category. Further the Company has not complied any of LODR regulations with
Calcutta Stock Exchange Limited (CSE).

It is herewith stated that, the Trading Terminal of The Calcutta Stock Exchange Limited has been suspended
by Securities Exchange Board of India. As there is no active trading terminal which can be provided by the
Calcutta Stock Exchange Limited and in line with many other regional Stock Exchanges even the Calcutta
Stock Exchange Limited would ultimately lose its license to act as a Stock Exchange and hence the company
has not tried to apply for removal of suspension with the Calcutta Stock Exchange Limited.

f. Reporting of Fraud by Auditors:

No Fraud has been reported by the Auditors of the Company under Section 143(12) of the Companies Act, 2013.

g. Internal Financial Control:

The Board has adopted the policies and procedures for ensuring the orderly and efficient conduct of its business, including
adherence to the Company's policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the
accuracy and completeness of the accounting records, and the timely preparation of reliable financial disclosures.

h. Risk Management:

The Company has a robust Risk Management framework to identify, evaluate business risks and opportunities. This
framework seeks to create transparency, minimize adverse impact on the business objectives and enhance the Company's
competitive advantage. The business risk framework defines the risk management approach across the enterprise at
various levels including documentation and reporting. The framework has different risk models which help in identifying
risks trend, exposure and potential impact analysis at a Company level as also separately for business segments. The
Company has identified various risks and also has mitigation plans for each risk identified. The Risk Management Policy of
the Company is available on our website http://www.sreechem.in/policy.php.

i. Vigil Mechanism:

The Company has established a mechanism for Director's and employee's to report their concerns relating to fraud,
malpractice 201 or any other activity or event which is against the interest of the Company.

The Whistle Blower Policy is in place. Employees can report to the Management concerned unethical behavior, act or
suspected fraud or violation of the Company's Code of Conduct Policy. No Employee has been denied access to the Audit
Committee. The Whistle Blower Policy is available on our website http://www.sreechem.in/policy.php

5. Subsidiaries, Associates and Joint Ventures:

The Company neither has any Subsidiary/Associate Company nor does it have Joint Venture with any entity.

6. Corporate Social Responsibility:

As per the provision of Section 135 of the Companies Act, 2013, all companies having a net worth of Rs.500 crore or more, or a
turnover of Rs.1,000 crore or more or a net profit of Rs.5 crore or more during the immediately preceding financial year are
required to constitute a CSR committee and since our Company does not meet the criteria as mentioned above, the Company has
not constituted any Corporate Social Responsibility Committee; and has not developed and implemented any Corporate Social
Responsibility initiatives and the provisions of Section 135 of the Companies Act, 2013 is not applicable to the Company.

a. Particulars on conservation of energy, research and development, technology absorption and foreign exchange
earnings and outgo:

i CONSERVATION OF ENERGY:

TOTAL ENERGY CONSUMPTION AND ENERGY CONSUMPTION PER UNIT OF PRODUCTION AS PER FORM¬
A OF THE ANNEXURE TO THE RULES IN RESPECT OF INDUSTRIES SPECIFIED IN THE SCHEDULED
THERETO:

> POWER & FUEL CONSUMPTION:

> CONSUMPTION PER UNIT PRODUCTION:

ii. TECHNOLOGY ABSORPTION:

(i) Foreign Exchange earnings and Outgo:

7. Others:

a. Extract of Annual Return:

The Annual Return as required under Section 92 of the Companies Act, 2013 has been published in the website of the
Company which can be accessed through the following link http://www.sreechem.in/investor center.php.

b. Details of difference between amount of the Valuation done at the time of One Time Settlement and the Valuation
done while taking Loan from the Banks or Financial Institutions along with the reasons thereof:

During the year under review, there was no instance of one-time settlement with any Bank or Financial Institution.

c. Details of Application made or any Proceeding Pending under the Insolvency and Bankrupt Code, 2016 (31 of
2016) during the year along with their status as at the end of the Financial Year:

There is no proceeding pending under the Insolvency and Bankruptcy Code, 2016.

d. Significant and Material Orders:

There are no significant and material orders passed by the regulators or courts or tribunals impacting the going concern
status and Company's operations in future.

e. Disclosure of Certain types of Agreements binding the Listed Entity:

Information required to be disclosed under clause 5A of Paragraph A of Part A of Schedule III of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015:

The Company has not entered into such agreements which could impact the management or control of the listed entity or
impose any restriction or create any liability upon the listed entity.

f. 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 requirement of the Sexual Harassment of
Women at workplace (Prevention, Prohibition and Redressal) Act 2013. All the employees (Permanent, Contractual,
Temporary, Trainees) are covered under this policy.

As stipulated under Section 4 of Sexual Harassment of Women at workplace (Prevention, Prohibition and Redressal) Act
2013, the Company has set up an Internal Complaints Committee.

During the year under review, no complaints were received falling under the category of Sexual Harassment of Women.

g. Secretarial Standards:

The Company has complied with all the applicable Secretarial Standards issued by the Institute of Company Secretaries of
India.

h. Soliciting Shareholders Information:

This is to inform you that the company is in process of up-dation of records of the shareholders in order to reduce the
physical documentation as far as possible. With new BSE Uniform listing agreement, it is mandatory for all the investors
including transferors to complete their KYC information. Hence, we have to update your PAN No., Phone no. and e-mail id
in our records. We would also like to update your current signature records in our system.

Further, in view of the SEBI Circular SEBI/HO/MIRSD/DOP1/CIR/P/2018/73 dated 20th April, 2018 and the
corresponding amended circular SEBI/HO/MIRSD/DOS3/CIR/P/2018/115 dated 16th July, 2018 have requested all the
listed companies to comply with the procedures mentioned in the Circulars. To achieve this, we solicit your co-operation
in providing the following details to us;

> If you are holding the shares in dematerialized form you may update all your records with your Depository
Participant (DP).

> If you are holding shares in physical form, you may provide the following:

i. ) Folio No.

ii. ) Name

iii. ) Pan No.

iv. ) E-mail ID

v. ) Telephone / Mobile No

vi. ) Specimen Signatures (3 in Nos.)

i. Share Transfer System:

With reference to the SEBI Notification No. SEBI/LAD-NRO/GN/2018/24 dated 08^th June, 2018 the shares of the Company
can be transferred only in dematerialised form w.e.f. December 05, 2018 and thus with a view to facilitate seamless transfer
of shares in future and as advised by the Stock Exchanges, the shareholders holding shares in physical form are advised to
dematerialise their shareholding in the Company.

j. Issue of Equity Share Capital:

During the Financial year under review the Company has not made any further issue of shares and the share capital remains
same as at the end of previous year.

k. Other Disclosures:

Your Directors state that no disclosure or reporting is required in respect to the following items as there were no
transactions on these items during the year under review:

i. ) Issue of equity shares with differential rights as to dividend, voting, or otherwise;

ii. ) Issue of shares (including sweat equity shares) to employees of the company under any scheme;

iii. ) Issue of Bonus Shares;

iv. ) Issued any securities that are convertible into equity shares at a future date and nor any such shares are

outstanding previously;

v. ) Shares having voting rights not exercised directly by the employees and for the purchase of which or

subscription to which loan was given by the Company;

vi. ) Redemption of Preference Shares and/or Debentures;

vii. ) Buyback of any of its securities & As at the end of the previous financial year, none of the Directors of the

Company held instruments convertible into equity shares of the Company.

8. Cautionary Statement:

Shareholders and Readers are cautioned that in the case of data and information external to the Company, no representation is
made on its accuracy or comprehensiveness though the same are based on sources believed to be reliable. Utmost care has been
taken to ensure that the opinions expressed by the management herein contain its perceptions on the material impacts on the
Company's operations, but it is not exhaustive as they contain forward-looking statements which are extremely dynamic and
increasingly fraught with risk and uncertainties. Actual results, performances, achievements or sequence of events may be
materially different from the views expressed herein.

9. Acknowledgement:

Your Directors wish to place on record their appreciation for the contribution made by the employees at all levels but for whose
hard work, and support, your company's achievements would not have been possible. Your Directors also wish to thank its
customers, dealers, agents, suppliers, investors and bankers for their continued support and faith reposed in the company.

By Order of the Board of Directors
For SREECHEM RESINS LIMITED

Sd/- Sd/-

BINOD SHARMA VIKRAM KABRA

Date: 31.08.2024 (DIN: 00557039) (DIN: 00746232)

Place: Kolkata Managing Director Whole Time Director