Your directors present herewith the Thirty Third Annual Report along with Audited Financial Statements of the Company for the financial year
ended March 31,2025.

FINANCIAL HIGHLIGHTS

OPERATIONS

During the year under review, the total income of the Company was Rs. 7590.79 Lakhs as compared to Rs.7276.42 Lakhs during the previous
year. The Profit after tax for the year was Rs. 872.34 Lakhs as compared to a profit of Rs. 868.40 Lakhs during the previous year.

TRANSFER TO RESERVES

During the year, the Company has not transferred any amount to General Reserve
SHARE CAPITAL

The paid -up Equity Share Capital of the Company as on March 31,2025 stood at Rs. 4,66,28,990.

During the year under review, the Company has not issued any shares with the differential voting rights nor granted any stock options or
sweet equity. As on March 31,2025 none of the Directors of the Company hold instruments convertible into equity shares of the Company

EVENTS OCCURING AFTER THE BALANCE SHEET DATE

No material changes and commitments which could affect the financial position of the Company have occurred between the end of the
financial year of the Company to which the financial statements relate and the date of this Report.

DIVIDEND

Due to amount already borrowed by the company, there Is the commitment towards repayments to the leading Banks.The company
proposed to repay its debts and proceeds in the direction to become debt free. Due to limited resources available with the company and need
to conserve the available resources for the future growth of the company and to repay Its existing debts, Board of Directors feels appropriate
not to recommend any dividend for the Financial Year 2024-2025.

TRANSFER OF UNPAID AND UNCLAIMED AMOUNTS TO INVESTOR EDUCATION AND PROTECTION FUND(’IEPF')

Pursuant to the provisions of the Act and Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules,
2016 ("IEPF Rules"), as amended from time-to-time, the declared dividends, which remained unpaid or unclaimed for a period of 7 (seven)
years and shares in relation to such unpaid / unclaimed dividend shall be transferred by the Company to the Investor Education and
Protection Fund (IEPF) established by the Central Government.

Accordingly, during the year, there was no amount of dividend which remains unpaid or unclaimed for a period of 7 (seven) years from the
date they became due for payment along with the shares thereof, to IEPF. The shareholders have an option to claim their shares and / or
amount of dividend transferred to IEPF, if any. No claim shall be entertained against the Company for the amounts and shares so transferred
during the years.

The details of the nodal officer appointed by the company under the provisions of IEPF is available on the Company's website at
http://cenlub.in/investor/company-details.pdf.

The investors may claim their unpaid dividend and the shares from the IEPF Authority by applying in the Form IEPF-5 and complying with the
requirements as prescribed.

The list of equity shareholders whose shares are transferred to IEPF can be accessed on the website of the Company at the link
http://cenlub.in/investor-relations// # 1706598283645-736ebbaa-9ldb

DIRECTORS AND KEY MANAGERIAL PERSONNEL

An active and informed Board Is a pre-requisite for strong andeffective corporate governance. The Board plays a crucial rolein overseeing
how the management safeguards the interests ofall the stakeholders. The Board ensures that the Company hasclear goals aligned with the
shareholders’ value and growth. TheBoard is duly supported by the Chairman, Managing Director,and Senior Management Team in ensuring
effective functioningof the Company.

As on 31st March 2025, the Board is comprised of 6 (six)Directors, out of which 1 (one) is Managing Director^ (two) are Whole Time Director
and 3 (three) are Non-Executive Independent Directors.

Further, during Financial Year 2024-25 and till the date of this report,following changes occurred in Directorship and Key
ManagerialPersonnel positions of the Company:

A. Changes in directors and Key Managerial Personnel

Director's Appointment

Upon the recommendation of Nomination and Remuneration Committee, Mr. Ansh Mittal was Re-Appointed as Whole Time Director of the
Company pursuant to Section 196 of the Companies Act, 2013 and other applicable provisions (including any statutory modification(s) or re¬
enactment thereof) if any, of the Companies Act, 2013 w.e.f. IstMay, 2025.

Upon the recommendation of Nomination and Remuneration Committee, Mr. Aman Mittal was Re-Appointed as Whole Time Director of the
Company pursuant to Section 196 of the Companies Act, 2013 and other applicable provisions (including any statutory modification(s) or re¬
enactment thereof) if any, of the Companies Act, 2013 w.e.f. 1st August, 2025.

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Pursuant to the provisions of Section 149 of the Act, Mr.Aalok Sharma havesubmitted the declaration that they meet the criteria of
independence as provided in Section 149(6) of the Art along with Rules framed thereunder and Regulation I6(l)(b) of the SEBI Listing
Regulations and alsocomplied with the Code for Independent Directors prescribed in Schedule IV to the Art.

resolution seeking shareholders' approval for the appointment of Mr. Aalok Sharma, forms part of the Notice of Ensuing Annual General
Meeting.

Upon the recommendation of Nomination and Remuneration Committee, Smt. Madhu Mittal was Re-Appointed as Managing Director of
the Company pursuant to Section 196 of the Companies Art, 2013 and other applicable provisions (Including any statutory
modiflcation(s) or re-enactment thereof) If any, of the Companies Art, 2013 w.e.f. 1st July, 2024.

Mr. Kamlesh Kumar Johari was appointed as an Additional / Independent Director of the Company pursuant to section 161 of the
Companies Art, 2013 and other applicable provisions (including any statutory modification(s) or reenactment thereof) if any, of the
Companies Act, 2013 by the Board of Directors w.e.f. 28th June, 2024.

Pursuant to the provisions of Section 149 of the Art, Mr. Kamlesh Kumar Johari have submitted the declaration that they meet the critena
Df independence as provided in Section 149(6) of the Art along with Rules framed thereunder and Regulation 16(1 )(b) of the SEBI
Listing Regulations and also complied with the Code for Independent Directors prescribed in Schedule IV to the Act.

Mr. Kamlesh Kumar Johari who has been appointed as Additional Director w.e.f. 28th June 2024 was appointed as Independent Director
in the last Annual General Meeting held on 24th September 2024.

Brief profile of the Directors proposed to be appointed / re-appointed as required under Regulation 36 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 and Secretarial Standard -11
[General Meeting), are part of the Notice convening the Annual General Meeting.

Resignation/Retirement of Directors

Mr. Tarun Kumar Gupta, Independent Director of the Company has resigned from the Directorship of the Company w.e.f. 12.08.2025.

Mrs. Santosh Varma, Independent Director of the Company has resigned from the Directorship of the Company w.e.f. 28.06.2024.

Ml Independent Directors of the Company have confirmed that they have already registered theirnames with the data bank maintained
by the Indian Institute of Corporate Affairs ["IICA"] as prescribed by the Ministry of Corporate Affairs under the relevant Rules, and that
they would give the online proficiency self-assessment test conducted by IICA which is prescribed under the relevant Rules, if applicable.

<\ll Directors and senior management personnel have confirmed compliance with the Code of Conduct for Directors and Senior
Management personnel.

The relevant details of the Directors and their attendance at Board and Committee meetings are given in the Corporate Governance
Report attached herewith.

KEY MANAGERIAL PERSONNEL (KMP)

Key Managerial Personnel

The details of Key Managerial Personnel as on March 31,2025 are as below:

The Composition of Board of Directors of the Company and attendance at the Board meetings is as follows:

SUBSIDIARIES/JOINT VENTURE/ASSOCIATE COMPANIES

Your Company does not have any subsidiary, joint venture or associate companies. Therefore, Form AOC-1 is not required to be annexed with
this Report.

PUBLIC DEPOSITS

During the year under review, Your Company has not accepted any deposits from the public falling within the purview of Section 73 of the
Companies Act, 2013 read with the Companies (Acceptance of Deposits) Rules, 2014.

Pursuant to the SEBI (LODR) Regulations, 2015 a separate section on Management Discussion & Analysis is forming part of this Report..
MANAGEMENT DISCUSSION & ANALYSIS

Pursuant to the SEBI (LODR) Regulations, 2015 a separate section on Management Discussion & Analysis is forming part of this Report.
CORPORATE GOVERNANCE REPORT

Pursuant to Regulation 15(2) of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015, and amendments thereof, the
provisions relating to Corporate Governance Report with Auditors 'Certificate thereon are attached here to and forms part of this Report.

CORPORATE SOCIAL RESONSIBILITY (CSR)

The Company has been carrying out various Corporate Social Responsibility (CSR) activities. These acbvibes are carried out In terms of
Section 135 read with Schedule VII of the Act and the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from
dme-to-time.

The brief outline of the Corporate Social Responsibility (CSR) policy of the Company and the inibabves undertaken by the Company on
CSR activibes during the year under review are set out in Annexure "A" of this report in the format prescribed under Companies
(Corporate Social Responsibility Policy) Rules, 2014.

For other details regarding the CSR Committee, please refer to the Corporate Governance Report, which forms a part of this report.
BOARD COMMITTEES

The Board has constituted various committees consisdng of Execubve and Non-Executive Directors of the Company to ensure good
corporate governance and in compliance with the requirements of the Companies Act, 2013 and the SEBI (Lisdng Obligabons and
Disclosure Requirements) Regulabons, 2015.

Currently, the Board has Three committees, viz.

1. Audit Committee

2. Nomination and Remuneration Committee

3. Stakeholders' Relationship Committee

Details of all the Committees along with their composition, terms of reference and other details are provided in the report on Corporate
Governance.

NUMBER OF MEETINGS OF THE BOARD & COMMITTEES

The details of the number of meetings of the Board and Board Committees held during the financialyear 2024-25 forms part of the
Corporate Governance Report.

ESTABLISHMENT OF VIGIL MECHANISM

The Company has in place a vigil mechanism pursuant to which a Whisde Blower Policy has been In force. The policy was approved on
February 13, 2015. This Policy inter alia provides a direct access to a Whistle Blower to the Chairman of Audit Committee on his
dedicated email-ID: mvestors@cenlub.in. The Whisde Blower Policy covering all employees and directors is hosted on the Company's
website at URL - https://cenlub.in/investor/cil-v/histle-blower-policy.pdf

DIRECTORS’ RESPONSIBILITY STATEMENT

Pursuant to Section 134(3)(c) read with Secbon 134(5) of the Act, your Directors make the following statement:

i. that in preparation of annual accounts, the applicable accounbng standards have been followed along with proper explanation
relating to material departures;

il. that the Directors have selected such accounting policies & applied them consistently & made judgments & estimates, that are
reasonable & 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 March 31,
2025 and of the profit of the Company for that penod;

iii. that the Directors have taken proper and sufficient care for the maintenance of adequate accounbng records in accordance with the
provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud & other
irregularities;

iv. that the Directors have prepared the annual accounts on a going concern basis;

v. that the directors have laid down Internal financial Controls to be followed by the Company and that such internal financial controls
are adequate and were operating effechvely; and

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

ANNUAL RETURN

As required under Section 92(3) read with Section 134{3)(a) of the Companies Act 2013, the Annual Return of the Company for the Financial
Year ended March 31, 2025 will be uploaded on the website of the Company on weblink http://cenlub.in/investor/annual-retum-2025.pdf
after the said Return is Filed with the Registrar of Companies, Delhi and Haryana within the statutory timelines.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

As required under Section 134(3) (m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, the particulars
relating to conservation of energy, technology absorption and foreign exchange earnings and outgo are given in Annexure 'B' to this
Report.

NOMINATION AND REMUNERATION POLICY

The Nomination and Remuneration Policy of the Company on Director's appointment and remuneration including criteria for determining
qualifications, positive attributes, independence of a Director and the criteria for performance evaluation as laid down by Nomination and
Remuneration Committee has been defined in the Nomination and Remuneration Policy. The said policy is available on its website at
www.cenlub.in.

Details pertaining to Section 197(12) of the Act read with rules framed their under forms part of this report as 'Annexure C'.

The details of employees in terms of Rule 5(2) and (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014 forms part of this Report.

However, In terms of Section 136 of the Act, the Annual Report is being sent to the members and others entitled thereto. The said statement
is available for inspection by the Members at the Registered Office of the Company during business hours on working days up to the date of
the ensuing AGM. If any Member is interested in obtaining a copy thereof, such Member may write to the Company at investors@cenlub.in.

AUDITORS

A. STATUTORY AUDITORS

Pursuant to Section 139 of the Companies the Act, 2013 (the ’Act') and the Rules framed there under, the Shareholders of the Company at the
30th Annual General Meeting (AGM) held on September 20, 2022, approved the appointment of M/s. Singla Tayal & Co., Chartered
Accountants (Registration NO.000882N) as the Statutory Auditors of the Company to hold office for a period of 5 (five) consecutive years till
the conclusion of 35* AGM of the Company.

B. SECRETARIAL AUDIT REPORT & SECRETARIAL COMPLIANCE REPORT

As per requirement of the Companies Act, 2013 and Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the
Company had appointed Mrs. Apoorva Singh, Company Secretary as the Secretarial Auditor for financial year 2024-25, whose Secretarial
Audit Report in Form MR-3 as Annexure-Dl dated August 12, 2025 is attached separately to this Report. Further, pursuant to Regulation 24A
of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Secretarial Compliance Report dated May 28,2025, in the
prescribed format, is also attached to this Report as Annexure-D2. The aforesaid Reports are self-explanatory, and do not call for any
further explanation.

C. REPORTING OF FRAUDS BY AUDITORS

During the year under review, neither the Statutory Auditors nor the Secretanal Auditor have reported to the Audit Committee, under Section
143(12) of the Act, any instances of fraud committed against the Company by its officers or employees, the details of which would need to be
mentioned in the Board's report.

PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS

Particulars of Loans, Guarantees & Investments covered under Section 186 of the Act has been given in Notes to Financial Statements
forming part of this Annual Report

RISK MANAGEMENT

The Company has a robust risk management framework to identify and mitigate nsks arising out of internal as well as external factors. The
Company's risk management processes focus on ensuring that these risks are identified on a timely basis and addressed. The Company has a
policy on Risk Management, which is accessible on the Company website:http://cenlub.in/investor/cil-risk-management-policy. 1.2pdf

INTERNAL FINANCIAL CONTROLS

The Internal Financial Controls with reference to the Financial Statements are commensurate with the size and nature of business by virtue of
internal audit of the Company. Internal Audits are periodically conducted by an external firm of Chartered Accountants who monitor and
evaluate the efficiency and adequacy of internal control systems in the Company, its compliance with operating systems, accounting
procedures and policies of the Company. Board also takes review of internal audit functioning and accounting systems, in order to take
suitable corrective actions in case of any deviations.

During the year, such controls were tested by the Statutory Auditors and no material weakness in control design of operations were observed
by them.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES

All contracts or arrangements entered into by and between the Company with Related Parties are on arm's length basis and in the ordinary
course of business.

Pursuant to Section 134 of the Act, read with Rule 8(2) of the Companies (Accounts) Rules, 2014, the particulars of transactions with related
parties are provided in disclosures as per Ind AS 24 have been provided in Note No .38to the financial statements.

POLICY ON RELATED PARTY TRANSACTIONS OF THE COMPANY

The revised policy on Related Party Transactions can be accessed at https://cenlub.in/investor/policy-on-matenality-of-related-party-
transactions-and-dealing-with-related-party-transactions-l-2.pdf

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND
REDRESSAL) ACT, 2013

The Company has in place a Sexual Harassment Prevention Policy in line with the requirements of The Sexual Harassment of Women at the
Workplace (Prevention, Prohibition & Redressal) Act, 2013. Internal Complaints Committee (ICC) has been set up to redress complaints
received regarding sexual harassment.

The Committee was reconstituted during the year 2024-2025 with the following members:

1. Presiding Officer - Ms.Swati Mittal

2. Member - Mr. Ajay Kumar Kaushik-Nodal Officer- Faridabad

3. Member-Ms.Chaithra B N - Nodal Officer- Bangalore

4. Member -Mr. Sathyanarayana S

5. Member - Ms. Aashu

6. External Member - Mr.Sanjeev Agarwal, Chartered Accountant

All employees are covered under the said Policy. Following is a summary of sexual harassment complaints received and disposed of during the
year:

• Number of Complaints of sexual harassment in the beginning of the year: Nil

• Number of complaints of sexual harassment received: Nil

• Number of complaints disposed off: Nil

• Number of cases pending for more than ninety days: Nil

Obligation of the Company under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal)
Act, 2013

Your Company's goal has always been to create an open and safe workplace for every employee to feel empowered,Irrespectiveof gender,
sexual preferences, and other factors. Your Company has zero tolerance for sexual harassment at the workplace and 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 (POSH Act) and the Rules made thereunder. All women associated
(permanent, temporary, contractual and trainees) as well as any women visiting the Company's office premises or women service providers
are covered under the POSH Act.

Your Company has gone beyond the Intention of the law and has made this policy gender-neutral. Your Company follows this practice as a
part of equal employment opportunity including gender equality.

Your Company has constituted an Internal Complaints Committee ("ICC") in all the units of the Company to consider and resolve all sexual
harassment complaints reported. The ICC has been constituted as per the Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013, and the committee includes external members from NGOs or with relevant experience. During the year,
no complaints were received by the ICC of the Company. During the year, the ICC of the Company did not receive any complaints during the
financial year ended March 31,2025.

FAMILIARISATION PROGRAMME FOR INDEPENDENT DIRECTORS

Details of the familiarization program for Independent Directors is accessible on the Company website at
https://cenlub.in/inve5tor/familiarization-programme-march-2023.pdf

SECRETARIAL STANDARDS

The Ministry of Corporate Affairs notified the Secretarial Standard on Meetings of the Board of Directors (SS- 1), Secretarial Standard on
General Meetings (SS-2), Secretarial Standard on Dividend (SS-3) and Secretarial Standard on Report of the Board of Directors (SS-4). The
Company complies with Secretarial Standards and guidelines Issued by the Institute of Company Secretaries of India (ICSI).

OTHER STATUTORY DISCLOSURES

Your directors state that no disclosure or reporting is required in respect of the following matters asthere were no transactions during the year
under review:

• There has been no change in the nature of business of the Company

• Issue of equity shares with differential rights as to dividend, voting or otherwise

• Issue of employee stock options or sweat equity shares

• There is no application made or proceeding pending under the Insolvency and Bankruptcy Code,2016

• There was no instance of onetime settlement with any Bank or Financial Institution

• Your Company is not identified as a 'Large Corporate' as per the framework provided in SEBICircular No.
SEBI/HO/DDRS/CIR/P/2018/144 dated 26 November 2018, and your Company has not raised any funds by issuance of debt
securities.

1. The provisions relating to the constitution of Internal Complaints Committee under the Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 2013 was not applicable to the Company during the year under review.

2. During the year under review, there were no cases filed pursuant to the Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013.

3. In terms of provisions of Section 148 of the Act read with Rule 3 of Companies (Cost Record and Audit) Rules, 2014, the Company is not
required to maintain the cost records for the Financial Year 2024-25.

4. The company has complied with the provisions of The Maternity Benefit Act, 1961 during the year 2024-2025.

REGISTRAR AND SHARE TRANSFER AGENT

Shareholders may contact Registrar and Share Transfer Agent of the Company at the following address:

ACKNOWLEDGEMENTS

The Directors take this opportunity to thank their Customers, Bankers, Vendors, Associates, Employees, Aviation authorides, Government
and regulatory authorities and all other stakeholders for their valuable and constant support. The Directors also express their deep
appreciation to all the employees for their hard work, dedication and Commitment

For and on behalf of the Board of Directors

_Di . _cMadhu Mittal

Chairperson and Managing Director

Date : August 12, 2025 DIN: 00006418

Registered Office:

233-234, Sector-58,

Faridabad -121006

CIN - L67120HR1992PLC035087