Your Directors present the 43^rd Annual Report on the Business and Operations of the Company along with
the Audited Statement of Accounts for the Financial Year ended on 31^st March, 2025.

1. FINANCIAL RESULT:

The financial performance of the Company for the Financial Year ended on 31^st March, 2025 and for the
previous financial year ended on 31^st March, 2024 is given below:

2. OPERATIONS:

Total revenue for Financial Year 2024-25 is Rs. 2,377.42 Lakhs compared to the total revenue of Rs.
33.34 Lakhs of previous Financial Year. The Company has incurred Profit before tax for the Financial
Year 2024-25 of Rs. 231.85 Lakhs as compared to Profit before tax of Rs. 38.58 Lakhs of previous
Financial Year. Net Profit after Tax for the Financial Year 2024-25 is Rs. 223.13 Lakhs as against Net
Profit after tax of Rs. 16.79 Lakhs of previous Financial Year. The Directors are continuously looking
for the new avenues for future growth of the Company and expect more growth in the future period.

3. CHANGE IN NATURE OF BUSINESS, IF ANY:

During the Financial Year 2024-25 there was no changes in nature of Business of the Company.

4. SHARE CAPITAL:

A. AUTHORISED SHARE CAPITAL:

Increase in the Authorized Share Capital of the Company from Rs 10,00,00,000/- (Rupees Ten Crore
only), divided into 1,00,00,000 (One Crore) Equity Shares of Rs 10/- (Rupees ten only) Each to Rs
16,50,00,000/- (Rupees Sixteen Crore Fifty Lakhs only), divided into 1,65,00,000 (One Crore Sixty Five
Lakhs) Equity Shares of t 10/- (Rupees Ten only) each, by creation of Additional 65,00,000 (Sixty Fifty
Lakhs) Equity Shares of face value of Rs 10/- (Rupees Ten Only) each.

The Authorized Share Capital of the Company as on March 31, 2025 is Rs 16,50,00,000/- (Rupees
Sixteen Crore Fifty Lakhs only), divided into 1,65,00,000 (One Crore Sixty Five Lakhs) Equity Shares
of t 10/- (Rupees Ten only) each, and Issued, Subscribed and Paid-up Equity Share Capital of the
Company is Rs. 16,01,50,000/- divided into 16,01,50,00 Equity shares of Rs. 10/-.

During the year under review:

• On 16^th October, 2024, the Company has Sub-division of 1 (One) Equity share of face value of ^10/-
(Rupees Ten only) each fully paid up to 10 (Ten) Equity shares of the face value of ^ 1 (Rupee One
only) each fully paid-up.

• On 9^th December, 2024, the Company had allotted 8,00,75,000 (Eight Crores Seventy Five
Thousand) fully paid-up Equity shares of face value of Rs. 1.00/- (Rupees Ten Only) per share, in
the ratio of 1:1 per share, aggregating to Rs. 8,00,75,000/- (Eight Crores Seventy Five Thousand)
for cash consideration, to the person(s)/ entity (ies) belonging to Non-Promoter category on a
preferential basis. Consequently, post-allotment of Equity shares, the Paid-up Equity Share Capital
of the Company increased from Rs. 10,00,00,00/- divided into 1,00,00,000 Equity shares having
face value of Rs. 10/- per share to Rs. 16,01,50,000/- divided into 16,01,50,00 Equity shares
having face value of Rs. 1/- per share.

5. DIVIDEND:

To conserve the resources for future prospect and growth of the Company, your Directors do not
recommend any dividend for the Financial Year 2024-25 (Previous year - Nil).

6. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND:

Pursuant to Section 124 of the Companies Act, 2013, the amount of dividend remaining unpaid or
unclaimed for a period of seven years shall be transferred to the Investor Education and Protection
Fund (“IEPF”). During the year under review, there was no unpaid or unclaimed dividend in the
“Unpaid Dividend Account” lying for a period of seven years from the date of transfer of such unpaid
dividend to the said account. Therefore, there were no funds which were required to be transferred to
Investor Education and Protection Fund.

7. TRANSFER TO OTHER EQUITY:

The Profit of the Company for the Financial Year ending on 31^st March, 2025 is transferred to profit
and loss account of the Company under Other Equity.

8. WEBLINK FOR ANNUAL REPORT:

Pursuant to Section 92(3) read with Section134(3)(a) of the Act, the Annual Return as on March 31,
2025 is available on the Company's website www.consecutiveinvestment.com

9. MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIAL POSITION OF
THE COMPANY WHICH HAVE OCCURRED BETWEEN THE FINANCIAL YEAR TO WHICH THE
FINANCIAL STATEMENTS RELATES AND TILL DATE OF THE REPORT:

During the year under review:

• On 16^th October, 2024, the Company has Sub-division of 1 (One) Equity share of face value of ^10/-
(Rupees Ten only) each fully paid up to 10 (Ten) Equity shares of the face value of ^ 1 (Rupee One
only) each fully paid-up.

• On 9^th December, 2024, the Company had allotted 8,00,75,000 (Eight Crores Seventy Five
Thousand) fully paid-up Equity shares of face value of Rs. 1.00/- (Rupees Ten Only) per share, in
the ratio of 1:1 per share, aggregating to Rs. 8,00,75,000/- (Eight Crores Seventy Five Thousand)
for cash consideration, to the person(s)/ entity (ies) belonging to Non-Promoter category on a
preferential basis. Consequently, post-allotment of Equity shares, the Paid-up Equity Share Capital
of the Company increased from Rs. 10,00,00,00/- divided into 1,00,00,000 Equity shares having
face value of Rs. 10/- per share to Rs. 16,01,50,000/- divided into 16,01,50,00 Equity shares
having face value of Rs. 1/- per share.

10. SIGNIFICANT & MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNALS:

There are no significant material orders passed by the Regulators or Courts or Tribunal, which would
impact the going concern status of the Company and its future operation.

11. BOARD MEETINGS AND ATTENDANCE

The Directors of the Company met at regular intervals at least once in a quarter with the gap between
two meetings not exceeding 120 days to take a view of the Company's policies and strategies apart
from the Board Matters.

During the year under the review, the Board of Directors met 15 (Fifteen) times viz 2 ^nd May 2024, 30^th
May 2024, 12^th August 2024, 14^th August 2024, 29^th August 2024, 6^th September 2024, 16^th October

2024, 21^st October 2024, 9^th December 2024, 17^th December 2024, 20^th January 2025, 23^th January

2025, 19t^h February 2025, 13t^h March 2025 and 18t^h March 2025.

12. DIRECTORS RESPONSIBILITY STATEMENT

In accordance with the provisions of Section 134 (3)(c) and Section 134(5) of the Companies Act,
2013, to the best of their knowledge and belief the Board of Directors hereby submit that:

a. In the preparation of the Annual Accounts, for the year ended on 31^st March, 2025 the applicable
accounting standards have been followed and there are no material departure from the same,

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 financial year and of the profit of the Company
for the financial year ended on 31^st March, 2025.

c. The directors had taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provisions of Companies Act, 2013 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 are operating effectively and

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.

13. CORPORATE SOCIAL RESPONSIBILITY (CSR):

The provisions of section 135 of the Companies Act, 2013 is not applicable to your Company as the
Company does not fall under the criteria limits mentioned in the said section of the Act.

Hence, the Company has not taken voluntary initiative towards any activity mentioned for Corporate
Social Responsibility.

14. EXPLANATIONS / COMMENTS BY THE BOARD ON EVERY QUALIFICATION, RESERVATION OR
ADVERSE REMARK OR DISCLAIMER MADE:

i. Auditors' Report:

The observations of the Statutory Auditor, when read together with the relevant notes to the
accounts and accounting policies are self-explanatory and do not call for any further comment.

ii. Secretarial Auditor's Report:

The Board of Directors pursuant to Section 204 of the Companies Act, 2013 read with Rule 9 of
the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, has
appointed Ms. Monika Shekhawat, Proprietor of M/s. Shekhawat & Associates, Company
Secretaries, Ahmedabad as a Secretarial Auditor of the Company to conduct Secretarial Audit for
the Financial Year 2024-25.

The Secretarial Audit Report for the Financial Year 2024-25 is annexed herewith as Annexure - III in
Form MR-3.

The report of the Secretarial auditor has not made any adverse remark in their Audit Report.

Further, Maintenance of cost records as specified under Companies Act, 2013 is not applicable to the
Company.

15. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE
COMPANIES ACT,2013:

The details of loans, investment, guarantees and securities covered under the provisions of section
186 of the Companies Act, 2013 are provided in the financial statement.

16. PARTICULARS OF CONTRACTS OR ARRANGEMENTS MADE WITH RELATED PARTIES:

During the year under review, Company has not entered in any Related Party Transactions.

Pursuant to Section 188 of the Act read with rules made thereunder and Regulation 23 of the Listing
Regulations, all Material Related Party Transactions (“material RPTs”) require prior approval of the
shareholders of the Company vide ordinary resolution.

The Company has formulated and adopted a policy on dealing with related party transactions, in line
with Regulation 23 of the Listing Regulations, which is available on the website of the Company.

As a part of the mandate under the Listing Regulations and the terms of reference, the Audit
Committee undertakes quarterly review of related party transactions entered into by the Company
with its related parties. Pursuant to Regulation 23 of Listing Regulations and Section 177 of the Act,
the Audit Committee has granted omnibus approval in respect of transactions which are repetitive in
nature, which may or may not be foreseen, not exceeding the limits specified thereunder. The
transactions under the purview of omnibus approval are reviewed on quarterly basis by the Audit
Committee. Pursuant to Regulation 23(9) of the Listing Regulations, your Company has filed the
disclosures on Related Party Transactions in prescribed format with the Stock Exchanges.

17. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Company has in place adequate internal financial controls with reference to financial statement
across the organization. The same is subject to review periodically by the internal audit cell for its
effectiveness. During the financial year, such controls were tested and no reportable material
weaknesses in the design or operations were observed. The Statutory Auditors of the Company also
test the effectiveness of Internal Financial Controls in accordance with the requisite standards
prescribed by ICAI. Their expressed opinion forms part of the Independent Auditor's report.

Internal Financial Controls are an integrated part of the risk management process, addressing
financial and financial reporting risks. The internal financial controls have been documented,
digitized and embedded in the business processes.

Assurance on the effectiveness of internal financial controls is obtained through management
reviews, control self-assessment, continuous monitoring by functional experts. We believe that these
systems provide reasonable assurance that our internal financial controls are designed effectively and
are operating as intended.

During the year, no reportable material weakness was observed.

18. RESERVES & SURPLUS:

19. DISCLOSURES RELATING TO HOLDING / SUBSIDIARY / ASSOCIATE COMPANY AND JOINT
VENTURES:

The Company does not have any Holding / Subsidiary/Associate Company and Joint Venture.

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

The details of conservation of energy, technology absorption etc. as required to be given under section
134(3)(m) of the Companies Act 2013 read with the Companies (Accounts) Rules, 2014, is not given
as the Company has not taken any major step to conserve the energy etc.

There were no foreign exchange earnings or outgo during the year under review.

21. SECRETARIAL STANDARDS:

During the year under review, the Company has complied with the applicable Secretarial Standards
issued by The Institute of Company Secretaries of India (ICSI). The Company has devised proper
systems to ensure compliance with its provisions and is in compliance with the same.

22. STATEMENT ON ANNUAL EVALUATION MADE BY THE BOARD OF DIRECTORS:

The Board evaluated the effectiveness of its functioning, that of the Committees and of individual
Directors, pursuant to the provisions of the Act and SEBI Listing Regulations. The Board sought the
feedback of Directors on various parameters including:

• Degree of fulfillment of key responsibilities towards stakeholders (by way of monitoring corporate
governance practices, participation in the long-term strategic planning, etc.);

• Structure, composition, and role clarity of the Board and Committees;

• Extent of co-ordination and cohesiveness between the Board and its Committees;

• Effectiveness of the deliberations and process management;

• Board / Committee culture and dynamics; and

• Quality of relationship between Board Members and the Management.

The above criteria are broadly based on the Guidance Note on Board Evaluation issued by the
Securities and Exchange Board of India on January 5, 2017.

The Chairman of the Board had one-on-one meetings with each Independent Director and the
Chairman of NRC had one-on-one meetings with each Executive and Non-Executive, Non-Independent
Directors. These meetings were intended to obtain Directors' inputs on effectiveness of the Board/
Committee processes.

In a separate meeting of Independent Directors, performance of Non-Independent Directors, the
Board as a whole, and the Chairman of the Company was evaluated, taking into account the views of
Executive Directors and Non-Executive Directors.

The Nomination and Remuneration Committee reviewed the performance of the individual directors
and the Board as a whole.

In the Board meeting that followed the meeting of the independent directors and the meeting of
Nomination and Remuneration Committee, the performance of the Board, its committees, and
individual directors was discussed.

The evaluation process endorsed the Board Members' confidence in the ethical standards of the
Company, the resilience of the Board and the Management in navigating the Company during
challenging times, cohesiveness amongst the Board Members, constructive relationship between the
Board and the Management, and the openness of the Management in sharing strategic information to
enable Board Members to discharge their responsibilities and fiduciary duties.

The Board carried out an annual performance evaluation of its own performance and that of its
committees and individual directors as per the formal mechanism for such evaluation adopted by the
Board. The performance evaluation of all the Directors was carried out by the Nomination and
Remuneration Committee.

The performance evaluation of the Chairman, the Non-Independent Directors and the Board as a
whole was carried out by the Independent Directors. The exercise of performance evaluation was
carried out through a structured evaluation process covering various aspects of the Board functioning
such as composition of the Board & committees, experience & competencies, performance of specific
duties & obligations, contribution at the meetings and otherwise, independent judgment, governance
issues etc.

Pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015, the Board has carried out the annual performance evaluation of
the Directors individually as well as evaluation of the working of the Board by way of individual
feedback from directors.

The evaluation frameworks were the following key areas:

a) For Non-Executive & Independent Directors:

• Knowledge

• Professional Conduct

• Comply Secretarial Standard issued by ICSI Duties

• Role and functions

b) For Executive Directors:

• Performance as leader

• Evaluating Business Opportunity and analysis of Risk Reward Scenarios

• Key set investment goal

• Professional conduct and integrity

• Sharing of information with Board.

• Adherence applicable government law

The Directors expressed their satisfaction with the evaluation process.

23. MANAGING THE RISKS OF FRAUD, CORRUPTION AND UNETHICAL BUSINESS PRACTICES:

A. VIGIL MECHANISM / WHISTLE BLOWER POLICY:

The Company has established vigil mechanism and framed whistle blower policy for Directors and
employees to report concerns about unethical behavior, actual or suspected fraud or violation of
Company's Code of Conduct or Ethics Policy.

B. BUSINESS CONDUCT POLICY:

The Company has framed “Business Conduct Policy”. Every employee is required to review and sign
the policy at the time of joining and an undertaking shall be given for adherence to the Policy. The
objective of the Policy is to conduct the business in an honest, transparent and in an ethical manner.
The policy provides for anti-bribery and avoidance of other corruption practices by the employees of
the Company.

24. PARTICULARS OF EMPLOYEES:

The provisions of Rule 5(2) & (3) of the Companies (Appointment & Remuneration of Managerial
Personnel) Rules, 2014 are not applicable to the Company as none of the Employees of the Company
has received remuneration above the limits specified in the Rule 5(2) & (3) of the Companies
(Appointment & Remuneration of Managerial Personnel) Rules, 2014 during the financial year 2024¬

25.

25. LOANS FROM DIRECTOR / RELATIVE OF DIRECTOR:

During the year under review, the Company has not entered into any materially significant related
party transactions which may have potential conflict with the interest of the Company at large.
Suitable disclosures as required are provided in AS-18 which is forming the part of the notes to
financial statement.

26. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Directors and Key Managerial Personnel of the Company are summarized below:

1. Ms. Shaifali Nehriya has been Appointment as Compliance Officer of the company w.e.f. 30^th May 2024

2. Mr. Vijay Vasisth has been resigned from post of Chief Financial Officer of the company w.e.f. 12 ^th August 2024.

3. Mr. Vijay Kumar Jain has been resigned from the post of Managing Director of the company w.e.f. 12 ^th August 2024.

4. Mr. Subodh Kumar Jain has been resigned from the post of Non-Executive and Independent Director of the company w.e.f. 12 ^th August 2024.

5. Mrs. Smita Murarka has been resigned from the post Non-Executive and Non- Independent Director of the company w.e.f. 12 ^th August 2024.

6. Mrs. Preeti has been appointed as Non-Executive and Independent Director of the company w.e.f. 12 ^th August 2024.

7. Mrs. Deepa Garg has been appointed as Additional Non-Executive and Independent Director of the company w.e.f. 29^th August 2024.

8. Mr. Ashish Ashvinkumar Chauhan has been appointed as Chief Financial Officer cum Additional Executive Director of the company w.e.f.

17^th December 2024.

9. Mr. Ashish Ashvinkumar Chauhan has been resigned from the post of Chief Financial Officer cum Additional Executive Director of the
company w.e.f. 20^th January 2025.

10. Mr. Vimal Koli has been appointed as Chief Financial Officer cum Additional Executive Director of the company w.e.f. 20 ^th January 2025.

11. Mr. Himanshu Shah has been resigned from the post of Managing Director of the company w.e.f. 19^th February 2025.

12. Mr. Jitendrakumar Chimanlal Leuva has been appointed as Managing Director of the company w.e.f. 19^th February 2025.

13. Ms. Kanta Bokaria has been resigned from the post of Non- Executive and Independent Director of the company w.e.f. 13^th March 2025.

14. Ms. Promila Sharma has been appointed as Non - Executive and Independent Director of the company w.e.f.13^th March 2025.

27. DECLARATION BY INDEPENDENT DIRECTORS:

Mrs. Preeti, Mrs. Deepa Garg and Mrs. Promila Sharma Independent Directors of the Company have
confirmed to the Board that they meet the criteria of Independence as specified under Section 149 (6)
of the Companies Act, 2013 and they qualify to be Independent Directors. They have also confirmed
that they meet the requirements of Independent Director as mentioned under Regulation 16 (1) (b)
of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The confirmations were
noted by the Board.

28. CORPORATE GOVERNANCE:

Since the paid-up Capital of Company is not exceeding Rs. 10.00 Crores and Turnover is less than Rs.
25.00 Crores during the period under review, therefore by virtue of Regulation 15 of SEBI (Listing
Obligations & Disclosure Requirements) Regulations, 2015 the compliance with the corporate
governance provisions as specified in regulations 17 to 27 and clauses (b) to (i) of sub-regulation (2)
of regulation 46 and Para C, D and E of Schedule V are not applicable to the Company. Hence Corporate
Governance does not form part of this Board's Report, for the period under review.

29. DEPOSITS:

As per Section 73 of the Companies Act, 2013 the Company has neither accepted nor renewed any
deposits during the financial year. Hence the Company has not defaulted in repayment of deposits or
payment of interest during the financial year.

30. FORMAL ANNUAL EVALUATION PROCESS BY BOARD:

Pursuant to the provisions of the Companies Act, 2013 and Rules made thereunder, the Board has
carried the evaluation of its own performance, performance of Individual Directors, Board
Committees, including the Chairman of the Board on the basis of attendance, contribution towards
development of the Business and various other criteria as recommended by the Nomination and
Remuneration Committee of the Company. The evaluation of the working of the Board, its committees,
experience and expertise, performance of specific duties and obligations etc. were carried out. The
Directors expressed their satisfaction with the evaluation process and outcome.

In a separate meeting of Independent Directors the performances of Executive and Non- Executive
Directors were evaluated in terms of their contribution towards the growth and development of the
Company. The achievements of the targeted goals and the achievements of the Expansion plans were
too observed and evaluated, the outcome of which was satisfactory for all the Directors of the
Company.

31. STATUTORY AUDITOR:

M/s. S K Bhavsar & Co., Chartered Accountants, Ahmedabad, were appointed as the Statutory Auditors
of the Company. The Auditor's report for the Financial Year ended 31^st March, 2025 has been issued
with an unmodified opinion, by the Statutory Auditor.

32. SECRETARIAL AUDITOR:

The Board appointed M/s. Shekhawat & Associates, Company Secretaries, Ahmedabad to conduct
Secretarial Audit for the Financial Year 2024-25. The Secretarial Audit Report for the Financial Year
ended 31^st March, 2025 is annexed herewith marked as Annexure - 1 to this Report. Following
observations have been made by the Secretarial Auditor in their Report and against each Observations
Company has provided their explanation:

33. MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

Management Discussion and Analysis Report as required under Regulation 34 and Schedule V of the
SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 forms an integral part of
this Report, and provides the Company's current working and future outlook as per Annexure - 2.

34. DISCLOSURES:

A. Composition of Audit Committee:

During the year under review, 9 (Nine) meetings of members of the Audit committee as tabulated
below, was held on 30^th May 2024, 12^th August 2024, 29^th August, 2024, 6^th September 2024, 21^st
October 2024, 23^rd January 2025, 19^th February 2025, 13^th March 2025 and 18^th March 2025.

The attendance records of the members of the Committee are as follows:

1. Ms. Kanta Bokaria has been resigned from the post of Chairperson of the Audit Committee w.e.f. 13^th March 2025

2. Mr. Subodh Kumar Jain has been resigned from the post of Member of Audit Committee w.e.f. 12th August 2025

3. Mr. Vijay Kumar Jain has been resigned from the post of Member of Audit Committee w.e.f. 13^th March 2025

4. Mr. Himanshu Shah has been resigned from the post of Member of Audit committee w.e.f. 19 ^th February 2025.

5. Mrs. Deepa Garg has been appointed as Member of Audit Committee w.e.f. 29^th August 2024

6. Mrs. Promila Sharma has been appointed as Chairperson of Audit Committee w.e.f. 13 ^th March 2025

7. Mr. Jitendrakumar Chimanlal Leuva has been appointed as Member of Audit Committee w.e.f. 19^th February 2025.

B. Composition of Nomination and Remuneration Committee:

During the year under review, 8 (Eight) meetings of the members of the Nomination and
Remuneration committee, as tabulated below, was held on 2^nd May 2024, 12^th August 2024, 29^th
August 2024, 6^th September 2024, 17^th December 2024, 20^th January 2025, 19^th February 2025 and
13t^h March 2025.

The attendance records of the members of the Committee are as follows:

1. Mrs. Kanta Bokaria has been resigned from the post of Chairperson of Nomination and Remuneration Committee w.e.f. 13^th March 2024.

2. Mr. Subodh Kumar Jain has been resigned from the post of member of Nomination and Remuneration Committee w.e.f. 12 ^th August 2024.

3. Mrs. Smita Murarka has been resigned from the post of member of Nomination and Remuneration Committee w.e.f. 12 ^th August 2024.

4. Mrs. Promila Sharma has been appointed as Member of Nomination and Remuneration Committee w.e.f. 13^th March 2025.

5. Mrs. Preeti has been appointed as member of Nomination and Remuneration Committee w.e.f. 12 ^th August 2024.

6. Mrs. Deepa Garg has been appointed as Chairperson of Nomination and Remuneration Committee w.e.f. 29^th August 2024.

C. Composition of Stakeholders' Relationship Committee:

During the year under review, meetings of members of Stakeholders' Relationship committee as
tabulated below, was held on 12^th August 2024 and 19^th February 2025.

The attendance records of the members of the Committee are as follows:

1. Mrs. Kanta Bokaria has been resigned from the post of Chairperson of Stakeholders' Relationship Committee w.e.f. 13^th March 2024.

2. Mr. Subodh Kumar Jain has been resigned from the post of member of Stakeholders' Relationship Committee w.e.f. 12 ^th August 2024.

3. Mrs. Smita Murarka has been resigned from the post of member Stakeholders' Relationship Committee w.e.f. 12^th August 2024

4. Mrs. Preeti has been appointed as Member of Stakeholders' Relationship Committee w.e.f. 12^th August 2024.

5. Mrs. Deepa Garg has been appointed as Chairperson of Stakeholders' Relationship Committee w.e.f. 29^th August 2024.

6. Mrs. Promila Sharma has been appointed as Member of Stakeholders' Relationship Committee w.e.f. 13^th March 2025

D. Composition of Risk Management Committee:

During the year under review, meetings of members of Stakeholders' Relationship committee as
tabulated below, was held on 12^th August 2024 and 19^th February 2025. The attendance records of the
members of the Committee are as follows:

1. Mrs. Kanta Bokaria has been resigned from the post of Chairperson of Risk Management Committee w.e.f. 13^th March 2024.

2. Mr. Subodh Kumar Jain has been resigned from the post of member of Risk Management Committee w.e.f. 12^th August 2024.

3. Mr. Vijay Kumar Jain has been resigned from the post of Member of Risk Management Committee w.e.f. 13^th March 2025

4. Mrs. Preeti has been appointed as Member of Risk Management Committee w.e.f. 12 ^th August 2024.

5. Mrs. Deepa Garg has been appointed as Chairperson of Risk Management Committee w.e.f. 29^th August 2024.

6. Mrs. Promila Sharma has been appointed as Member of Risk Management Committee w.e.f. 13^th March 2025

7. Mrs. Smita Murarka has been resigned from the post of Member of Risk Management Committee w.e.f. 13^th March 2024.

35. DISCLOSURES UNDER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION,
PROHIBITION & REDRESSAL) ACT, 2013:

The Company has always been committed to provide a safe and conducive work environment to its
employees. Your Directors further state that 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 as confirmed by the Internal Complaints Committee as constituted by the Company.

The following no. of complaints was received under the POSH Act and the rules framed thereunder during
the year:

a. number of complaints filed during the financial year - NIL

b. number of complaints disposed of during the financial year - NIL

c. number of complaints pending as on end of the financial year - NIL

36. INDUSTRIAL RELATIONS:

The Directors are pleased to report that the relations between the employees and the management
continued to remain cordial during the year under review

37. MAINTENANCE OF COST RECORDS:

According to information and explanation given to us, the Central Government has not prescribed
maintenance of cost records under section 148(1) of the Act in respect of activities carried out by the
Company.

38. DEMATERIALISATION OF EQUITY SHARES:

As per direction of the SEBI, the shares of the Company are under compulsory demat form. The Company
has established connectivity with both the Depositories i.e., National Securities Depository Limited and
Central Depository Services (India) Limited and the Demat activation number allotted to the Company is
ISIN: INE187R01029. Presently shares are held in electronic and physical mode.

39. INSOLVENCY AND BANKRUPTCY CODE:

There is no application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016
(31 of 2016) during the year.

40. POLICY ON DIRECTOR'S APPOINTMENT AND REMUNERATION:

The Remuneration policy is directed towards rewarding performance based on review of achievements on
a periodical basis. The remuneration policy is in consonance with the existing industry practice and is
designed to create a high-performance culture. It enables the Company to attract, retain and motivate
employees to achieve results. The Company has made adequate disclosures to the members on the
remuneration paid to Directors from time to time. The Company's Policy on director's appointment and
remuneration including criteria for determining qualifications, positive attributes, independence of a
director and other matters provided under Section 178 (3) of the Act is available on the website of the
Company at www.consecutiveinvestment.com

41. VALUATION AMOUNT ON ONE TIME SETTLEMENT AND VALUATION WHILE AVAILING LOAN
FROM BANKS AND FINANCIAL INSTITUTIONS:

The 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 is
not applicable to the Company.

42. STATE OF COMPANY'S AFFAIRS:

Management Discussion and Analysis Report for the year under review, as stipulated in Regulation 34(2)
(e) of SEBI Listing Regulations is given as a separate part of the Annual Report. It contains a detailed write
up and explanation about the performance of the Company.

43. ACKNOWLEDGEMENTS:

Your Directors would like to express their sincere appreciation for the co-operation and assistance received
from the Bankers, Regulatory Bodies, Stakeholders including Financial Institutions, Suppliers, Customers
and other business associates who have extended their valuable sustained support and encouragement
during the year under review.

Your Directors take this opportunity to recognize and place on record their gratitude and appreciation for
the commitment displayed by all executives, officers and staff at all levels of the Company. We look forward
for the continued support of every stakeholder in the future.

Registered Office: By the Order of the Board of

23 Ganesh Chandra Avenue 3^rd Consecutive Investments & Trading Company Limited

Floor, Kolkata, West Bengal, India,

700001

Corporate Office:

B-307 Synergy Tower, Opp
Commerce House, Nr Vodaphone
Corporate Road, Jivraj Park,

Ahmedabad, Ahmadabad City,

Gujarat, India, 380051

Sd/- Sd/-

Vimal Koli Jitendrakumar Leuva

Place: Ahmedabad Director Managing Director

Date: 8t^h September, 2025 DIN: 10364390 DIN: 10865406