The Board of Directors of the Company are pleased to present the Company's 66^th Annual Report and the Company's audited financial
statements for the financial year ended March 31, 2026.

1. FINANCIAL RESULTS

The Company's financial performance (standalone and consolidated) for the year ended March 31,2026 is summarized below: -

2. TRANSFER TO RESERVES

The Board of Directors of the Company have
not transferred any amount to Reserves for the
year under review.

3. RESULTS OF OPERATIONS AND STATE OF
COMPANY’S AFFAIRS

During the year under review, the total revenue from
operations was ? 581.98 crores on standalone basis and
? 2,149.58 crores on consolidated basis as compared to
the last year's revenue of ? 602.12 crores on standalone
basis and ? 2,039.65 crores on consolidated basis,
respectively. The post-tax profit of your Company was
? 65.38 crores on standalone basis and ? 82.24 crores on
consolidated basis as compared to the last year's post-tax
profit of ? 79.33 crores on standalone basis and ? 92.54
crores on consolidated basis, respectively.

4. DETAILS OF MATERIAL CHANGES FROM THE
END OF THE FINANCIAL YEAR TILL THE DATE
OF THIS REPORT

There have been no material changes and commitments
affecting the financial position of the Company between the
end of the financial year to which the financial statement
relates and date of this Report.

5. DIVIDEND

The Board of Directors of the Company have not
recommended any dividend on Equity Shares for the year
under review.

The Dividend Distribution Policy of the Company is available
on the Company's website and can be accessed at
https://www.hathwav.com/policiesPDF/Dividend
Distribution Policv.pdf.

6. MANAGEMENT DISCUSSION AND ANALYSIS

Management Discussion and Analysis Report for the year
under review, as per the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations"), is presented in
a separate section, which forms part of this Annual Report.

7. BUSINESS OPERATIONS/PERFORMANCE OF
THECOMPANYANDITSMAJORSUBSIDIARIES

The developments in business operations/performance of
the Company and its major subsidiaries consolidated with
the Company are as below :

A. Broadband Business

The Company continued to strengthen its
broadband business through the deployment of
advanced Fibre-to-the-Home (“FTTH”) technology,
supported by digitization and automation
initiatives that enhanced network performance and
customer experience. These investments have
enabled customers to enjoy seamless access to
high-definition content, including 4K and 8K video
streaming, as well as improved online gaming and
video conferencing experiences.

As on March 31, 2026, the Company served 1.02
million wireline broadband subscribers, reflecting the
sustained demand for reliable high-speed broadband
connectivity across households. The availability of
unlimited data across all broadband plans continued
to be a key differentiator, enabling customers to
use data-intensive applications without concerns
regarding bandwidth restrictions or additional
usage charges. Average monthly data consumption
per FTTH subscriber exceeded 357 GB during the
year, with a 3% increase over the previous year,
demonstrating growing customer engagement and
confidence in the Company's network capabilities.

In line with its commitment to delivering superior user
experience, the Company introduced industry-first
dual-band Optical Network Units (ONUs) equipped
with integrated Wi-Fi band-steering technology.
This feature automatically connects devices to the
most suitable frequency band, ensuring optimized
performance and a seamless connectivity
experience without requiring manual intervention.

The Company remained focused on enhancing
service quality and operational excellence.
Proactive network improvement initiatives led to
a 28% reduction in network-related complaints
between March 2024 and March 2025.
Furthermore, 87% of non-network customer issues
were resolved within one hour, underscoring the
Company's commitment to prompt and effective
customer support. These efforts contributed to
achieving a Customer Satisfaction (CSAT) score
of 96%, reflecting high levels of customer trust
and satisfaction.

The Company continued to enhance customer
engagement and operational efficiency through
technology-driven initiatives and digital innovation.
During the year, several key initiatives were
implemented to improve service delivery,
streamline operations, and strengthen the overall
customer experience.

Key initiatives undertaken during the year
include:

• AI-Powered WhatsApp Support:

Introduced an AI-enabled WhatsApp
chatbot to provide customers with 24x7
assistance for billing-related queries, account
information, and subscription renewals,
offering a convenient and seamless
self-service experience.

• Automation for Operational Excellence:

Deployed AI-powered tools to support internal
teams in troubleshooting and customer
issue registration, enabling faster resolution,
improved productivity, and data-driven
decision-making through real-time insights.

• Customer-Preferred Installation Scheduling:

Introduced a facility for customers to
select installation time slots based on their
convenience. This initiative has enhanced
service efficiency and contributed to achieving
a 72% same-day activation rate, positioning
the Company among the fastest service
providers for new broadband installations
in the industry.

During the year under review, the Broadband
Business recorded revenue of ? 581.98 crore with
a subscriber base of 1.02 million, as compared to
revenue of ? 602.12 crore with a subscriber base of
1.06 million in the previous year.

B. Cable Television Business:

Hathway Digital Limited (“Hathway Digital”),
the wholly-owned subsidiary of the Company,
continued to remain one of the leading Multi-System
Operators in India, providing digital cable television
services across a wide geographic footprint
through its robust fibre-based distribution network
and technology-enabled platforms. During the
financial year ended March 31, 2026, Hathway
Digital continued to offer a diverse mix of Standard
Definition (“SD”) and High-Definition (“HD”)
television channels, including its own platform
services, catering to varied consumer preferences
across entertainment, sports, movies, news and
lifestyle genres. The cable services of Hathway
Digital were available across more than 700 towns
and adjoining areas, including key metropolitan and
mini-metropolitan markets, supported by two major
headend facilities with four retransmission centres
and an optical fibre network spanning approximately
41,000 kilometres. As on March 31, 2026, Hathway
Digital serviced approximately 4.63 million viewers

across India, including through fellow subsidiaries
and joint ventures.

During the year under review, Hathway Digital
undertook a restructuring exercise aimed at
simplifying its group structure and improving
operational efficiencies. Accordingly, Hathway
Kokan Crystal Cable Network Limited, Hathway
Bhaskar CCN Multi Entertainment Private Limited,
Hathway Cable MCN Nanded Private Limited,
Channels India Network Private Limited and Elite
Cable Network Private Limited, being step-down
wholly-owned subsidiaries, were amalgamated
with Hathway Digital with effect from April 22,
2025. The consolidation has resulted in improved
operational integration, reduction in administrative
layers and better resource optimisation across the
cable television business.

During the year, Telecom Regulatory Authority
of India (TRAI) notified the Telecommunication
(Broadcasting and Cable) Services Interconnection
(Addressable Systems) (Seventh Amendment)
Regulations, 2026, which became effective from
April 1, 2026. The revised regulations introduced a
financial year-based audit framework for distributors
of television channels, streamlined provisions
relating to system audits and infrastructure sharing
arrangements, and prescribed enhanced standards
for auditor independence and technical qualifications.
The amendments are expected to improve
transparency, reduce duplication in compliance
processes and strengthen overall governance
within the broadcasting distribution ecosystem.

The industry also continued to raise concerns
regarding the regulatory imbalance between
conventional cable and DTH operators on one
hand, and OTT-based digital platforms on the
other, particularly in relation to tariff regulation,
quality-of-service obligations and compliance
requirements. Industry bodies remained engaged
with policymakers and regulators to advocate for a
level-playing field and a more predictable regulatory
framework for the sector.

During the year, Hathway Digital continued to
invest in network modernisation and technology
enhancements with a focus on improving
service quality and customer experience.
Investments were made towards strengthening
digital headend infrastructure and expanding
HD content offerings across multiple genres.
Hathway Digital also expanded deployment of
HEVC-enabled HD set-top boxes and hybrid
OTT-enabled devices to provide an integrated

The financial statements of the subsidiaries, are available
on the Company's website and can be accessed at
https://www.hathwav.com/About/Subsidiaries.

The policy for determining Material Subsidiaries is
available on the Company's website and can be
accessed athttps://www.hathwav.com/policiesPDF Policy
fordeterminingMaterialSubsidiaries.pdf.

Hathway Digital Limited was the Material Subsidiary of
the Company as per the Listing Regulations, during the
year under review.

10. SECRETARIAL STANDARDS

The Company has followed the applicable Secretarial
Standards, with respect to Meetings of the Board of
Directors (SS-1) and General Meetings (SS-2) issued by
the Institute of Company Secretaries of India.

11. DIRECTORS’ RESPONSIBILITY STATEMENT

Your Directors state that:

a) in the preparation of the annual accounts for the year
ended March 31, 2026, the applicable accounting
standards read with requirements set out under
Schedule III to the Act have been followed and there
are no material departures from the same;

b) the Directors have selected such accounting
policies and applied them consistently and made
judgements and estimates that are reasonable
and prudent so as to give a true and fair view of
the state of affairs of the Company as at March 31,
2026 and of the profit of the Company for the year
ended on that date;

c) the Directors have taken proper and sufficient
care for the maintenance of adequate accounting
records in accordance with the provisions of the
Act for safeguarding the assets of the Company
and for preventing and detecting fraud and other
irregularities;

d) the Directors have prepared the annual accounts on
a going concern basis;

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

f) the Directors have devised proper systems to ensure
compliance with the provisions of all applicable
laws and that such systems are adequate and
operating effectively.

12. CORPORATE GOVERNANCE

The Company is dedicated to upholding the highest
standards of governance and adheres to the Corporate
Governance requirements set out by the Securities
and Exchange Board of India. The Company has also
implemented several best governance practices in this
regard. The Corporate Governance Report as per the Listing
Regulations forms part of the Annual Report. A certificate
from the Practicing Company Secretary, confirming
compliance with the conditions of Corporate Governance
is attached to the Corporate Governance Report.

13. BUSINESS RESPONSIBILITY AND
SUSTAINABILITY REPORT

In accordance with the Listing Regulations, the Business
Responsibility and Sustainability Report describing the
performance of the Company on environmental, social
and governance aspects is available on the Company's
website and can be accessed athttps://www.hathway.com/
documents/Annual Report/Business Responsibility
and Sustainability Report 2025-26.pdf.

14. CONTRACTS AND ARRANGEMENTS WITH
RELATED PARTIES

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

During the year under review, the Company had not
entered into any contract / arrangement / transaction
with related parties which could be considered material in
accordance with the policy of the Company on Related
Party Transactions or which is required to be reported in
Form No. AOC-2 in terms of Section 134(3)(h) read with
Section 188 of the Act and Rule 8(2) of the Companies
(Accounts) Rules, 2014.

The policy defining Materiality of Related Party Transactions
and on dealing with Related Party Transactions is available
on the Company's website and can be accessed at
https://www.hathway.com/documents/Policies/Related
Party Transactions Policy.pdf.

There were no materially significant related party
transactions which could have a potential conflict of
interests of the Company at large.

Members may refer Note 4.10 to the Standalone Financial
Statement which sets out Related Party Disclosures
pursuant to Ind AS.

15. CORPORATE SOCIAL RESPONSIBILITY

The Corporate Social Responsibility (“CSR”) Committee's
prime responsibility is to assist the Board in discharging its
social responsibilities by way of formulating and monitoring

implementation of the objectives set out in the 'CSR
Policy'. The CSR Policy, inter-alia, outlines the Company's
CSR vision and objectives and establishes the framework
for governance, implementation, monitoring and reporting.

The CSR Policy is available on the
Company's website and can be accessed at
https://www.hathwav.com/policiesPDF/CSR Policvpdf.
There has been no change in the CSR Policy during the year.

In terms of the CSR Policy, the focus areas of engagement
shall be eradicating hunger, poverty, preventative health
care, education, rural area development, gender equality,
empowerment of women, environmental sustainability and
protection of national heritage, art and culture and other
need based initiatives.

During the year under review, the Company has spent
? 88,69,584/- (2% of the average net profits of the
immediately preceding three financial years) towards
identified and approved CSR initiatives covered under
Schedule VII to the Act, through implementing agency.

The Annual Report on CSR activities as stipulated
under the Companies (Corporate Social Responsibility
Policy) Rules, 2014 is annexed herewith and marked as
Annexure III to this Report.

16. RISK MANAGEMENT

In compliance with the requirements of the Listing
Regulations, the Board of Directors of the Company have
constituted the Risk Management Committee, which
is entrusted with the responsibility of overseeing the
effective implementation and monitoring of the Company's
risk management plan and policy. It ensures continuous
review and obtains assurance from the management for
the timely identification, management and mitigation of the
emerging risk associated with the Company.

The Company has in place a Risk Management Policy
and an adequate risk management infrastructure which
outlines the exhaustive risk management framework
which is also applicable to its Subsidiaries and Joint
Ventures. The Risk Management framework articulates
the risk management process which focuses on four
key elements viz. Risk Identification, Risk assessment,
Risk Management and Risk Monitoring, adequately
addressing all key risks that the organization faces such
as financial, credit, operations, market, liquidity, security,
property, IT (cyber risk), Digital Personal Data Protection,
legal, regulatory, reputational risks, Environmental,
Social & Governance.

The Company manages, monitors and reports on the
principal risks and uncertainties that can impact its
ability to achieve its strategic objectives. The Company's
management systems, organizational structures,
processes, standards, code of conduct and behaviors

governs how the Company conducts the business and
manages associated risks.

17. INTERNAL FINANCIAL CONTROLS

The Company has established adequate internal financial
controls commensurate with the size of the business and
nature of its operations. These control are designed to
provide reasonable assurance with regard to the accuracy
and completeness of the accounting records and the timely
preparation and provision of reliable financial statements.

The internal financial controls are embedded in the
business processes. Assurance of the effectiveness of
internal financial controls is obtained through management
reviews, continuous monitoring by Functional Heads as
well as sample testing of the internal financial control
systems by the independent auditors during the course of
their audits on a quarterly basis.

The Audit Committee of the Company reviews adequacy
and effectiveness of the Company's internal controls and
monitors the implementation of audit recommendations on
quarterly basis.

18. DIRECTORS AND KEY MANAGERIAL
PERSONNEL

In accordance with the provisions of the Act and the Articles
of Association of the Company, Ms. Geeta Kalyandas
Fulwadaya (DIN: 03341926), Director of the Company,
retires by rotation at the ensuing Annual General
Meeting. The Board of Directors of the Company on the
recommendation of the Nomination and Remuneration
Committee (“NRC”), have recommended her
re-appointment.

During the year under review, there were no other changes
in the Board of Directors and Key Managerial Personnel
of the Company.

The Company has received declarations from all
Independent Directors of the Company confirming that
they meet the criteria of independence prescribed under
the Act and the Listing Regulations and have registered
their names in the Independent Directors' Databank.

19. PERFORMANCE EVALUATION

The Company has a policy for performance evaluation
of the Board, Committees and other individual Directors
(including Independent Directors) which includes criteria
for performance evaluation of Directors.

In accordance with the manner of evaluation specified
by the NRC, the Board carried out annual performance
evaluation of the Board, its Committees and Individual
Directors. The Independent Directors carried out annual
performance evaluation of the Chairman of the Board, the
Non-Independent Directors and the Board as a whole.

The Chairman of the respective Committees shared
the report on evaluation with the respective Committee
members. The performance of each Committee was
evaluated by the Board based on the report of evaluation
received from the respective Committees.

The Board evaluation highlighted the significant
contributions of each Director and their commitment to
the Company's governance and strategic objectives.
The assessment affirmed that the Board's composition
provides an appropriate mix of expertise, skills and
diversity. The Committees were recognised for their
effective functioning and proactive consideration of
matters beyond their defined mandates. The Board also
acknowledged the valuable contributions of individual
Directors in enhancing overall Board effectiveness.

20. AUDITORS AND AUDITORS’ REPORT
Statutory Auditor

Nayan Parikh & Co., Chartered Accountants (Firm
Registration No.107023W) were re-appointed as Statutory
Auditor of the Company for second term of 5 (five)
consecutive years, at the 62^nd Annual General Meeting
held on June 28, 2022. They have confirmed their eligibility
and qualifications required under the Act for holding office
as Statutory Auditor of the Company.

The Auditor's Report does not contain any qualification,
reservation, adverse remark or disclaimer. The Notes to the
financial statements referred to in the Auditor's Report are
self-explanatory and do not call for any further comments.

Secretarial Auditor

Rathi & Associates, Practicing Company Secretaries, were
appointed as Secretarial Auditor of the Company for a term
of 5 (five) consecutive financial years, commencing from
the financial year 2025-26 to the financial year 2029-30, at
the 65^th Annual General Meeting held on September 24,
2025. The Company has received confirmation from them,
that they are not disqualified from continuing as the
Secretarial Auditor of the Company.

The Secretarial Audit Report for the financial year ended
March 31, 2026 is annexed herewith and marked as
Annexure IV to this Report. The Secretarial Audit Report
does not contain any qualification, reservation, adverse
remark or disclaimer.

Cost Auditor

The Board of Directors of the Company had appointed
Ashok Agarwal & Co., Cost Accountants, as Cost Auditor
of the Company for conducting the audit of the cost records
relating to Broadband Operations of the Company for the
financial year 2025-26 in accordance with the provisions
of Section 148 of the Act read with the Companies (Cost
Records and Audit) Rules, 2014, as amended.

In accordance with the provisions of Section 148(1) of the
Act, read with the Companies (Cost Records and Audit)
Rules, 2014, as amended, the Company has maintained
the cost accounts and records.

21. DISCLOSURESMeetings of the Board

4 (Four) meetings of the Board of Directors of the Company
were held during the year under review. The particulars
of the meetings held and attendance of each Director are
detailed in the Corporate Governance Report.

Audit Committee

The Audit Committee comprises of Mr. Rajendra
Dwarkadas Hingwala (Chairman), Mr. Viren Raheja
and Ms. Naina Krishna Murthy.

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

Corporate Social Responsibility (“CSR”) Committee

The CSR Committee comprises of Mr. Viren Raheja
(Chairman), Mr. Saurabh Sancheti and Mr. Rajendra
Dwarkadas Hingwala.

Nomination and Remuneration Committee (“NRC”)

The NRC comprises of Ms. Naina Krishna
Murthy (Chairperson), Mr. Viren Raheja and Mr. Rajendra
Dwarkadas Hingwala.

The Company has devised inter-alia, the following Policies
viz.: (i) Policy for Selection of Directors and determining
Directors' independence, (ii) Policy on Board Diversity, and
(iii) Remuneration Policy for Directors, Key Managerial
Personnel and Senior Management.

The Policy for selection of Directors and determining
Directors' independence sets out the guiding principles for
the NRC for identifying persons who are qualified to become
Directors and to determine the independence of Directors,
while considering their appointment as independent directors
of the Company. The Policy is available on the Company's
website and can be accessed athttps://www.hathwav.com/
policiesPDF/PolicyforSelectionofDirectors.pdf.

The Policy on Board Diversity provides for the
factors in evaluating the suitability of individual board
members with diverse background and experience
that are relevant for the Company's operations.
The Policy is available on the Company's website and can
be accessed athttps://www.hathway.com/policiesPDF/
PolicyonBoardDiversity.pdf.

The Company's remuneration policy is directed towards
rewarding performance, based on review of achievements.
The remuneration policy is in consonance with existing
industry practice. The Policy is available on the Company's
website and can be accessed athttps://www.hathway.
com/policiesPDF/RemunerationPolicyforDirectors.pdf.

There has been no change in the above three Policies,
during the year under review.

Stakeholders Relationship Committee (“SRC”)

The SRC comprises of Mr. Rajendra Dwarkadas Hingwala
(Chairman), Mr. Viren Raheja and Ms. Geeta Fulwadaya.

Risk Management Committee (“RMC”)

The RMC comprises of Mr. Saurabh Sancheti (Chairman),
Mr. Rajendra Dwarkadas Hingwala and Mr. Ajay Singh.

Business Responsibility and Sustainability
Committee (“BRSC”)

The BRSC comprises of Mr. Viren Raheja (Chairman) and
Mr. Saurabh Sancheti.

In order to promote sustainability and long-term progress
in the organisation and the Company's commitment to
better environmental, social and governance practices, the
Company has adopted Anti-Bribery and Anti-Corruption
Policy and Environmental, Social and Governance (ESG),
which serve as a framework for ESG initiatives and activities
undertaken by the Company. The Policies are available
on the Company's website and can be accessed at:
https://www.hathway.com/policiesPDF/
Anti-Bribery and Anti-Corruption Policv.pdf.

https://www.hathway.com/assets/pdf/Policies/
ESG Policy.pdf.

The details of the dates of the meetings, attendance and
terms of reference of the various Committees are disclosed
in the Corporate Governance Report, which forms part of
the Annual Report.

22. VIGIL MECHANISM AND WHISTLE BLOWER
POLICY

The Company has implemented a Vigil Mechanism and
Whistle-blower Policy in line with the provisions of the Act
and the Listing Regulations to encourage its employees
to report breaches of applicable laws, regulations, or the
Company's Code of Conduct, without fear of retaliation or
victimization in accordance with the provisions of the Act
and the Listing Regulations.

An Ethics & Compliance Task Force ("ECTF") has been
constituted to oversee these mechanisms that enable
employees to confidentially report unethical practices,
with safeguards in place to protect against retaliation.
The ECTF evaluates incidents of suspected or actual
violations of the Code of Conduct and reports its findings
and actions to the Audit Committee on a quarterly basis.

Employees and Stakeholders are expected to report actual
or suspected violations of applicable laws and regulations
and the Code of Conduct. Such genuine concerns (termed
Reportable Matter) disclosed as per Policy are called
“Protected Disclosures” and may be raised through e-mail,
a dedicated telephone line, or by letter to the ECTF or
directly to the Chairman of the Audit Committee.

The Vigil Mechanism and Whistle Blower Policy is available
on the Company's website and can be accessed at
https://www.hathway.com/policiesPDF/Vigil Mechanism
and Whistle-Blower Policy.pdf.

23. PARTICULARSOFLOANSGIVEN,INVESTMENTS
MADE, GUARANTEES GIVENAND SECURITIES
PROVIDED

The Company, being a Company providing Infrastructural
facilities, is exempted from the provisions of Section 186 of
the Act relating to loan and guarantee given, and security
provided by the Company.

Particulars of investments made are provided in the
Standalone Financial Statement. Members may refer to
Note 4.18 to the Standalone Financial Statement.

24. PREVENTION OF SEXUAL HARASSMENT AT
WORK PLACE

In accordance with the requirements of the Sexual
Harassment of Women at Workplace (Prevention,
Prohibition & Redressal) Act, 2013 (“POSH Act”) and
Rules made thereunder, the Company has in place a policy
which emphasises the prevention of sexual harassment
and provides for a transparent and impartial inquiry
process with defined timelines for resolution of complaints.
In order to promote awareness and sensitisation among
employees, the Company regularly conducts online training
programmes on the subject. The Company has constituted
an Internal Committee to receive and address complaints
pertaining to sexual harassment at the workplace.

During the year under review, no complaints were filed
under POSH Act.

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

The particulars relating to conservation of energy,
technology absorption, foreign exchange earnings and
outgo, as required to be disclosed under the Act, is annexed
herewith and marked as Annexure V to this Report.

26. THE CODE ON SOCIAL SECURITY, 2020 -
MATERNITY BENEFIT

The Company is in compliance with the applicable
provisions relating to maternity benefits as prescribed
under the Maternity Benefit Act, 1961/ the Code on Social
Security, 2020.

27. ANNUAL RETURN

The Annual Return of the Company as on March 31,2026 is
available on the Company's website and can be accessed at
https://www.hathway.com/documents/Annual Report/
Annual Return 2025-26.pdf.

28. PARTICULARS OF EMPLOYEES AND
RELATED DISCLOSURES

In terms of the provisions of Section 197(12) of the Act read
with Rules 5(2) and 5(3) of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014,
as amended, a statement showing the names of the top
10 (ten) employees in terms of remuneration drawn and
names and other particulars of the employees drawing
remuneration in excess of the limits set out in the said
rules forms part of this Report.

Disclosures relating to remuneration and other details as
required under Section 197(12) of the Act read with Rule
5(1) of the Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014 also forms part
of this Report.

Having regard to the provisions of the second proviso
to Section 136(1) of the Act and as advised, the Annual
Report excluding the aforesaid information is being sent to
the Members of the Company. Any Member interested in
obtaining such information may write to the Company on
info@hathway.net.

29. GENERAL

The Board state that no disclosure or reporting is required
in respect of the following matters as there were no
transactions or applicability pertaining to these matters
during the year under review:

i) Details relating to deposits covered under
Chapter V of the Act.

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

iii) Issue of shares (including sweat equity shares and
Employees' Stock Options Schemes) to employees
of the Company under any scheme.

iv) Significant or material orders passed by the
Regulators or Courts or Tribunals which impact
the going concern status and the Company's
operations in future.

v) Fraud reported by the Auditors to the Audit
Committee or the Board of Directors of the Company.

vi) Scheme of provision of money for the purchase of
its own shares by employees or by trustees for the
benefit of employees.

vii) Payment of remuneration or commission from
any of its holding or subsidiary companies to the
Managing Director of the Company.

viii) Change in the nature of business of the Company.

ix) Instances of transferring the funds to the Investor
Education and Protection Fund.

x) Issue of debentures/ bonds/ warrants/ any other
convertible securities.

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

xii) Instance of one-time settlement with any Bank or
Financial Institution.

xiii) Statement of deviation or variation in connection
with preferential issue.

30. ACKNOWLEDGEMENT

The Board of Directors of the Company wish to place
on record their deep sense of appreciation for the
committed services by all the Company's Executives,
Staff and Employees.

The Board of Directors of the Company would also like
to express their sincere appreciation for the assistance and
co-operation received from the Financial Institutions, Banks,
GovernmentAuthorities, Customers, Vendors and Members
during the year under review.

For and on behalf of the Board

Viren Raheja Saurabh Sancheti

Non-Executive Director Non-Executive Director

DIN 00037592 DIN 08349457

Place: Mumbai
Date: April 17, 2026

Registered Office

802, 8^th Floor, Interface-11, Link Road,

Malad (West), Mumbai - 400064
CIN: L64204MH1959PLC011421
Website: www.hathwav. com
E-mail:info@hathway.net
Tel.: 022 4054 2500