Your Directors have pleasure in presenting the Thirtyfirst Annual
Report together with the Audited Financial Statements for the year
ended 31^st March 2025.

FINANCIAL HIGHLIGHTS

REVIEW OF OPERATIONS AND OUTLOOK

Constant efforts to revive business were put in but without any
break through. All cost cutting measures were being implemented
more effectively. Revival Attempts will continue.

CAPITAL REDUCTION

The Company proposed to go for reduction of paid-up share capital
security premium, capital reserve and general reserve to set off
the losses. Hence based on the recommendation of the Audit
Committee, and subject to necessary approvals from various
statutory authorities, the Board of Directors felt that it would be
prudent to go in for reduction of share capital. Further, the process
requires an enabling provision in the articles of association, since
the present articles of association has no enabling provisions.
The board of directors thought it fit to amend the same by insertion
of new regulations 4B & 4C in the Articles of Association to enable
the company to carryout reduction of share capital, share premium
or General reserves.

FIXED DEPOSITS

The Company has not accepted any fixed deposits from public
during the year.

TRANSFER TO RESERVES

In view of the losses, transfer to General Reserves is not
applicable.

DIVIDEND

In view of the loss incurred the Board does not recommend any
dividend for the financial year ended 31^st March 2025.

DIRECTORS

Mr Meleveettil Padmanabhan (DIN: 00101997), Director, retires
by rotation at the ensuing Annual General Meeting and being
eligible, he offers himself for re-election.

Brief resume of the Directors, nature of expertise and names of
Companies in which they hold directorship and membership/
chairmanship in Board/Committees as stipulated under Regulation
36(3) of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 are
provided in the Annexure to the Notice convening the Annual
General Meeting.

BOARD MEETINGS

The details of Board Meetings held during the year are given in
the Corporate Governance Report.

STATUTORY AUDITORS

M/s. SVSR & Associates (Firm Registration No.014139S)
Chartered Accountants, Chennai were appointed as the Statutory
Auditors of the Company at the last AGM held on 27.7.2022 for a
period of five years from the conclusion of the 28^th AGM till the
conclusion of the 33rd AGM. subject to ratification by the members
at every AGM. However, the Companies (Amendment) Act, 2017
has dispensed with the requirements of annual ratification of the
Statutory Auditors' appointment. Accordingly the appointment of
Statutory Auditors will not be placed for the ratification of the
members at the ensuing AGM. The Auditors' Report on the financial
statements of the Company for the year under review does not
contain any qualification, reservation or adverse remark

HUMAN RESOURCES

Nothing to report since there are no operations and employees
except Wholetime Director and Company Secretary.

AUDIT COMMITTEE

Audit Committee consists of majority of Independent Directors as
its members. During the year, Audit Committee met five times,
the details of which are given in the Corporate Governance Report.

OTHER COMMITTEES

The details of Nomination and Remuneration Committee, and
Shareholders/Investors Grievance Committee (Stakeholders
Relationship Committee) are given in the Corporate Governance
Report.

DECLARATION BY INDEPENDENT DIRECTORS

Pursuant to Section 149(7) of the Companies Act, 2013, the
Company has received declarations from all Independent Directors
confirming that they meet the criteria of Independence as laid
down in Section 149(6) of the Companies Act, 2013 read with
Regulation 26 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015.

REMUNERATION POLICY

The Company has a Nomination and Remuneration policy in place.
Any Remuneration payable to Directors / Key Managerial
Personnel are based on the approval of Nomination and
Remuneration Committee.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

The Company has not given any loan (secured or unsecured)
and has not given any guarantee or provided any security to any
person.

RISK MANAGEMENT

The company has a Risk Management Policy. However, as per
SEBI regulations, Risk Management Committee is not mandatory
to the Company.

RELATED PARTY TRANSACTIONS

During the year no specific contract/arrangement were entered
into by the company with related parties pursuant to Section 188
of the Companies Act, 2013.

FORMAL ANNUAL EVALUATION

In terms of the provisions of the Companies Act, 2013 and the
Listing regulations, the Board reviewed and evaluated its own
performance and of various Committees. The performance

evaluation of the Independent Directors were carried out by the
entire Board. The performance evaluation of the Chairman and
Non Independent Directors were carried out by the Independent
Directors.

WHISTLE BLOWER POLICY (VIGIL MECHANISM)

The Company has in place a Whistle Blower Policy for Directors /
Employees.

DETAILS OF ADEQUACY OF INTERNAL FINANCIAL
CONTROLS

The Company has an internal financial control procedure in place.
The internal financial controls are verified and certified by an
independent Audit Firm.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

CSR Policy is not applicable to the Company.

INTERNAL AUDIT

Internal Audit for the financial year ended 31st March 2025 was
conducted by an independent firm viz. M/s DURV and Associates
LLP, Chartered Accountants to evaluate effectiveness and
adequacy of internal controls. DURV and Associates are appointed
as Internal Auditors for the financial year 2025-26.

SECRETARIAL AUDITOR

Securities and Exchange Board of India vide its Notification No.
SEBI/LAD-NRO/GN/2024/218 dated 12th December 2024
published Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) (Third Amendment)
Regulations, 2024 wherein among other things Regulation 24A
relating to appointment and reappointment of Secretarial Auditors
was amended. Accordingly on the basis of recommendation of
board of directors, a listed entity shall appoint or re-appoint: (i) an
individual as Secretarial Auditor for not more than one term of five
consecutive years; or (ii) a Secretarial Audit firm as Secretarial
Auditor for not more than two terms of five consecutive years,
with the approval of its shareholders in its Annual General Meeting.

Accordingly, the Board of Directors subject to the approval of members
at the forthcoming AGM, appointed Mr B. Prabhakar, Practicing
Company Secretary, Chennai holding CP No. 7870 and Peer Review
No. 1554/2021 as the Secretarial Auditor for a period of five years
with effect from the financial year 2025-26 to 2029-30. The Secretarial
Audit Report for the financial year 2024-25 is annexed to and forms
part of this report (Refer Annexure 1).

COST AUDIT

Cost Audit is not applicable to the Company.

PREVENTION OF SEXUAL HARASSMENT
Not applicable as there are no employees.

MATERIAL CHANGES

There were no material changes and commitments, during the
financial year.

DIRECTORS' RESPONSIBILITY STATEMENT

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

a) in the preparation of the annual accounts for the financial year
ended 31^st March 2025, the applicable accounting standards
had been 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 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 / 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.

e) the Directors had laid down internal financial controls to be
followed by the Company and that such internal financial
controls are 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 operating effectively.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

Reporting on various aspects of MDA will not be appropriate at
present as the Company has still not come out of financial and
operational crunch. All possible efforts to revive/restructure the
business are being explored. However for the benefit of members
current situation relating to IT industry as reported by Nasscom is
briefed in this section even though they may not be applicable to
the company in the present scenario.

The theme of this year's Nasscom Strategic Review report is
"Beyond Disruption: Staying Future-Ready Today" which focuses
on the Indian tech industry's strengthening position as a global
technology and innovation hub.

Global Technology Trends 2024 showed signs of stability with
most regions witnessing improved economic activity better aligned
to their potential; the global tech spending registered significant
growth of 10.8% primarily driven by strong hardware and software
spending, while IT services growth remained flat at 4.7%.

Indian Technology Industry Overview - FY25 witnessed the
industry strengthening its position as the global technology and
innovation hub. This is reflected in the fact that despite
uncertainties due to elections in several countries, the industry is
expected to witness resilient growth in FY25 with revenue
(including hardware) estimated to reach $283 Bn (5.1% y-o-y
growth), an addition of nearly $14 Bn over last year. Exports are
expected to cross the $200 Bn mark growing 4.6% y-o-y to $224
Bn. Domestic technology sector is trailing towards the $60 Bn
mark, growing at 7.0% y-o-y to reach $58.2 Bn. With improving
market conditions, the industry's net hiring this year increased to
126K employees, taking the total employee base to 5.80 Mn (2.2%
y-o-y growth). USA and BFSI resurface as the key growth drivers
with APAC, Telecom, Retail and Healthcare emerging as the other
key growth markets for the industry.

As far as CY25-Technology Industry Outlook is concerned,
Nasscom Annual Enterprise CXO Survey 2025 indicates stronger
growth momentum for CY25 with higher technology spend,
particularly AI-led digital spends. 82% of the CXOs expect to
increase digital spend by 5% compared to CY24. For technology
providers, FY26 is expected to see greater technology spending
with 77% of the providers in the Nasscom Annual Tech Services
CXO Survey 2025 expecting a higher business growth compared

to last year, driven by growing foundational digital scope, emerging
markets, and strategic AI-led demand. However, hiring growth
expectations remain modest with 45% of the providers expecting
increased hiring compared to FY25.The report also recommends
a set of '4C' strategic imperatives for the industry:

Co-create : With customers their personalized growth journeys

Collaborate: With future-ready partners for long-term symbiotic
growth

Converge : Services and products onto scalable, customizable
platforms

Catalyze : Tech R&D and skilled talent advantage to build next-
gen solutions

CORPORATE GOVERNANCE REPORTS

The report on Corporate Governance as required Regulation 34
(3) read with Schedule V of Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 and a Compliance Certificate from the Statutory
Auditors are annexed to and forms part of this report.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION

With regard to requirements relating to conservation of energy,
technology absorption as required under section 134(3)(m) of the
Companies Act, 2013 read with Rule 8 of the Companies
(Accounts) Rules, 2014, the Company has nothing specific to
report.

FOREIGN EXCHANGE EARNINGS & OUTGO

Nil

PARTICULARS OF EMPLOYEES

There are no employees who are covered under Rule 5(2) of the
Companies (Appointment & Remuneration of Managerial
Personnel) Rules 2014.

The details of remuneration during the year 2023-24 as required
under Section 197(12) of the Companies Act, 2013 read with
Rule 5(1) of the Companies (Appointment & Remuneration of
Managerial Personnel) Rules 2014 are attached and forms part
of this report (Refer Annexure 2).

SIGNIFICANT & MATERIAL ORDERS PASSED BY THE
REGULATORS

During the year under Review, the Company has received a Notice
from Income Tax Department - TDS Cell towards dues on account
of Tax Deducted at Source remittances to the tune of $ 94.09
lacs. The Company is doing the needful to address the issue. The
matter is appropriately disclosed in the Financial Statements and
the receipt of notice had also been intimated to the Stock
Exchanges.

ANNUAL RETURN

As required under Section 92(3) read with Section 134 (3)(a) of
the Companies Act, 2013, the Annual Return for the year 2024¬
25 is put up on the Company's website and can be accessed at
http://www.quintegrasolutions.com.

ACKNOWLEDGEMENT

The Board records its appreciation for the continued support and
co-operation received from all its associates - the shareholders,
customers, suppliers, banks, Government Departments and the
employees.

For and on behalf of the Board

Place : Chennai Meleveettil Padmanabhan

Date : 26.08.2025 Chairman