Your directors have pleasure in presenting their 12th Annual Report and the Company’s AuditedFinancial Statements for the financial year ended on 31st March, 2025.
1. FINANCIAL RESULTS OF THE COMPANY:
The Company’s financial performance for the year ended 31st March 2025 is summarized below:
(Amount in Rs. Lakhs)
Standalone Statement
Consolidated Statement
Year Ended
Particulars
31.03.2025
31.03.2024
Revenue From Operation
6,515.75
5,468.98
6,989.35
5,474.16
Other Income
19.71
53.24
Total Income
6,535.46
5,522.22
7,009.06
5,527.40
Profit Before Interest and
1,125.89
902.72
1288.62
904.04
Depreciation
Less: - Finance Cost
227.38
158.97
Less: - Depreciation
109.29
77.41
110.18
77.42
Profit Before Exceptional Item
789.22
666.34
951.06
667.65
and Tax
Exceptional Item
-
Profit Before Tax
Less: - Provision for Tax
212.59
170.89
242.37
171.05
Current Tax
Current tax expense relating to
prior years
(18.85)
9.06
Deferred Tax Assets/Liability
(18.79)
8.97
Net Profit After Tax
595.42
486.48
727.54
487.53
Transfer to General Reserve
Surplus carried to Balance Sheet
Earnings per equity share:
Basic
Diluted
3.52
5.75
4.30
5.76
Proposed Dividend on Equity Shares
Tax on proposed Dividend
2. STATE OF COMPANY’S AFFAIRS, RESULT OF OPERATION AND FUTURE OUTLOOK:STATE OF COMPANY’S AFFAIRS:
Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions, with differentscreen sizes under our brand ‘STARSHINE’. Your Company also manufacture Fans, BLDC SmartFans, Air Coolers, Washing Machines and Mixer Grinders, through third party manufacturers underour brand ‘STARSHINE’. We have network of dealers and distributors across Chhattisgarh, MadhyaPradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh.
RESULT OF OPERATION:
During the year under review, the performance of the Company remained satisfactory. The financialhighlights are summarized below:
> The Standalone Gross Revenue of the Company stood at INR 6,515.75 Lakhs, while theConsolidated Gross Revenue stood at INR 6,989.35 Lakhs.
> The Gross Profit before interest, depreciation, and tax amounted to INR 1,125.89 Lakhs on astandalone basis and INR 1,288.62 Lakhs on a consolidated basis.
> The Net Profit after tax stood at INR 595.42 Lakhs on a standalone basis and INR 727.54Lakhs on a consolidated basis.
The consistent growth in both standalone and consolidated performance reflects the Company’sfocus on operational efficiency, financial discipline, and strengthening its business fundamentals.The management continues to remain committed towards enhancing shareholder value throughsustained growth and profitability.
FUTURE OUTLOOK:
Arham Technologies is poised for an accelerated growth trajectory, powered by strategic marketexpansion, product innovation, and backward integration capabilities. While we had earlierannounced our plans to enter the Electric Vehicle (EV) space, we have strategically placed thisinitiative on hold. Given the evolving dynamics of the EV sector and the fact that our currentexpansion roadmap is positioned to deliver superior growth in the near-to-midterm, this calibrateddecision allows us to optimize resources and focus on immediate high-potential opportunities.
We are aggressively scaling into Southern India—a market defined by entrenched brandloyalty and long-cycle consumer stickiness. By deploying a targeted go-to-market (GTM)strategy, leveraging regional distribution networks, and investing in hyperlocal marketing,we aim to capture significant wallet share and establish enduring market leadership.
Public sector contracts present a high-volume, recurring revenue channel with minimal creditrisk. By aligning with government procurement programs for electronics and institutionalneeds, we are embedding ourselves directly into national infrastructure initiatives—drivingboth topline acceleration and brand credibility.
Exports represent a transformational lever. We are intensifying our footprint across Asia, theMiddle East, and Africa, where demand for Indian-manufactured appliances—particularlyceiling fans—is surging due to their proven efficiency, affordability, and reliability. Ourstrategy combines robust channel partnerships, trade-led distribution, and targeted brandingto position Arham as a trusted name in these emerging economies.
By internalizing sheet metal fabrication and injection moulding for TV, cooler, and select fancomponents, we are moving up the value chain. This backward integration not only reducesprocurement dependencies and input costs but also enhances design agility, enabling fasternew product development (NPD), superior industrial design execution, and IP creation. Weare further planning capex investments through our subsidiary company Arham CorporatePvt Ltd. to strengthen this vertical and ensure long-term competitiveness.
We recently announced a ?18.5 Cr capex to expand our large-size television productioncapacity and introduce interactive flat panels. Additionally, the recent GST reduction from28% to 18% on large-size TVs further enhances affordability, unlocking wider consumeradoption and creating a significant uplift in our revenue trajectory.
The Interactive Flat Panel (IFP) category is experiencing an exponential adoption curve acrosseducation and enterprise segments. Our entry into this high-margin, technology-driven vertical willsignificantly augment the topline and diversify our revenue base while strengthening our positioningas a holistic electronics solution’s provider.
3. CHANGE IN NATURE OF BUSINESS, IF ANY:
There is no change in the nature of the business of the Company during current financial year.
4. CONSOLIDATED FINANCIAL STATEMENT:
The company has incorporated a Wholly Owned Subsidiary Company dated on 19th January, 2024named “Arham Corporate Private Limited”. Accordingly, the company has prepared consolidatedfinancial statements of the Company and its subsidiaries for FY 2024-25 have been prepared incompliance with the applicable provisions of the Companies Act, 2013 ('the Act') and as stipulatedunder Regulation 33 of SEBI Listing Regulations as well as in accordance with the Indian AccountingStandards notified under the Companies (Indian Accounting Standards) Rules, 2015. The auditedconsolidated financial statements together with the Independent Auditor’s Report thereon form partof this Annual Report.
Pursuant to Section 129(3) of the Act, a statement containing the salient features of the FinancialStatement of the subsidiary companies is attached to the Financial Statement in Form AOC-1attached as per annexure-I.
Further, pursuant to the provisions of Section 136 of the Act, the Company will make available thesaid financial statement of the subsidiary companies upon a request by any Member of the Companyor its subsidiary company. These financial statements of the Company and the subsidiary companieswill also be kept open for inspection by any member. The members can send an e-mail tosupport@arhamtechnologies.co.in/ cs@arhamtechnologies.co.in upto the date of the AGM and thesame would also be available on the Company’s website URL:https://www.arhamtechnologies.co.in/annual-report
5. DIVIDEND:
In view of the prevailing business scenario, there is need to conserve funds for the Company. TheBoard of Directors, therefore, does not recommend any Dividend for the financial year ended31st March, 2025.
6. TRANSFER TO RESERVES IN TERMS OF SECTION 134 (3) (J) OF THE COMPANIESACT, 2013:
The company has transferred INR 595.42 Lakhs to the General Reserves during the current financialyear.
7. MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIALPOSITION OF THE COMPANY OCCURRED BETWEEN THE END OF THE FINANCIALYEAR TO WHICH THESE FINANCIAL STATEMENTS RELATE AND THE DATE OF THEREPORT:
There are no material changes and commitment affecting the financial position of the Company whichhas occurred between the end of the financial year of the Company to which the financial statementsrelate and the date of the report.
8. INFORMATION ABOUT SUBSIDIARY/ JOINT VENTURE / ASSOCIATE COMPANY ANDDETAILS OF COMPANIES WHICH HAVE BECOME OR CEASED TO BE ITSSUBSIDIARIES, JOINT VENTURES OR ASSOCIATE COMPANIES DURING THE YEARALONG WITH REASONS THEREFORE:
The company does not have any joint venture or associate Company. The company has Incorporateda Wholly Owned Subsidiary Company dated on 19th January, 2024 named “Arham CorporatePrivate Limited”.
9. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION ANDPROTECTION FUND:
The provisions of Section 125(2) of the Companies Act, 2013 do not apply as there was no dividenddeclared and paid during the year.
10. MEETINGS OF THE BOARD OF DIRECTORS:
NUMBER OF MEETING OF THE BOARD:
During the financial year ended 31st March 2025, your directors held 7 (Seven) meetings. Thedates of Board Meetings are: -
Sr.
No.
Date of meeting
Total No. of Directors onthe Date of Meeting
No. ofDirectorsattended
% of
Attendance
1
15.05.2024
6
100
2
29.05.2024
3
05.09.2024
4
22.10.2024
5
14.11.2024
29.01.2025
7
11. AUDITOR’S REPORT:
There are no qualifications or observation or adverse remarks in the Auditors’ Report which requireany clarification/ explanation. Moreover, notes on financial statements are self-explanatory and needsno further explanation. Hence Board of Director are not required to give any comment under section134 (3) (f) of Companies Act, 2013.
12. AUDITORS
A. Statutory Auditors:
M/s. Badhan & Co, Chartered Accountants (FRN. 0004008C), have successfully conducted the Statutoryaudit of Company for the financial year end 31st March 2025. M/s. MRCA & Associates, CharteredAccountants (FRN: 012690C), Raipur have resigned as Statutory Auditors of the Company which hascaused casual vacancy. To fill such casual vacancy, pursuant to the recommendations of AuditCommittee the Board has proposed M/s. Badhan & Co, Chartered Accountants (FRN: 0004008C),Chartered Accountants as the Statutory Auditors of the Company upto the Seventeen Annual generalMeeting of the Company for 5 (five) consecutive Financial Years.
Further, pursuant to Section 139 of the Companies Act, 2013 M/s. Badhan & Co, Chartered Accountants(FRN. 0004008C) have expressed their willingness to such appointment as Statutory Auditors. Theyhave further confirmed that if appointed, their appointment would be in pursuance to the provisions ofSection 139 and 141 of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014.
B. Secretarial Auditors:
During the year, the Company has appointed M/s. Abhishek Jain & Associates Practicing CompanySecretaries, a Peer Reviewed Firm, as a Secretarial Auditor pursuant to Section 204 of the CompaniesAct, 2013 and Rule 9 of Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014 for conducting secretarial audit of the company for the financial year 2024-25. The SecretarialAudit Report as required under section 204 of the Companies Act, 2013 and Rule 9 of Companies(Appointment and Remuneration of Managerial Personnel) Rules, 2014 in the Form MR-3 is annexedherewith for your kind perusal and information as Annexure-III.
C. Cost Auditor:
Appointment of Cost Auditor pursuant to provisions of Section 148 of the Companies Act, 2013 is notapplicable to the Company.
D. Internal Auditor:
During the year, the Company has appointed M/s. Agrawal Bafna & Associates, CharteredAccountants (FRN: 027234C), Durg, Chhattisgarh, as an Internal Auditor pursuant to Section 138 ofthe Companies Act, 2013 to ensure the routine internal audits and controls.
11. DETAILS OF DIRECTORS OR KEY MANAGERIAL PERSONNEL DURING THEFINANCIAL YEAR ENDED 31.03.2025.
The Directors and KMP as on 31st March 2025 are as follows:
Sr. No.
Name
DIN
Designation
Date ofAppointment
1.
Mr. Ankit Jain
AIGPJ7531B
Chief Financial Officer
02/06/2022
2.
06381280
Director
27/12/2013
3.
Mr. Anekant Jain
06732591
4.
AVGPJ0208C
Chief Executive Officer
5.
Mr. Manish KumarAgrawal
09781023
Independent Director
01/06/2023
6.
Mr. Saurabh Agrawal
07472972
25/06/2022
7.
Mr. Roshan Jain
06381291
Managing Director
8.
Mrs. Rukmani Jain
06381287
Non-Executive WomanDirector
9.
Mrs. Pooja AvinashGandhewar
AORPT2638G
Whole Time CompanySecretary
05/08/2022
12. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL AND THEIRSHAREHOLDING:
A Remuneration Of Directors
Ankit Jain
Anekant Jain
Roshan Jain
Executive Director
Shareholding
Number of Shares
3516000
2268000
3924000
Remuneration
Basic & D. A
12,75,000
Special Allowance
HR. A
Transportation
Washing Allowance
Commission
LTA
Medical
Total
B. Remuneration of Key Managerial Personnel
Pooja Avinash Gandhewar
Company Secretary cum
Compliance officer
Salary
2,64,000
13. PARTICULARS OF EMPLOYEES
Disclosure pertaining to remuneration and other details as required under Section 197 (12) of theCompanies Act, 2013 read with rule 5 (1) of the Companies (Appointment and Remuneration ofManagerial Personnel) Rules 2014, are given in the Annexure-IV forming part of this report.
14. DISCLOSURES PURSUANT TO SECTION 197 (14) OF THE COMPANIES ACT, 2013:
No Managing Director or Whole-Time Director of the Company was in receipt of any remunerationor commission from the Company's Holding or Subsidiary companies during the financial year.
15. LOANS, GUARANTEES AND INVESTMENTS: -
During the financial year 2024-25, the Company did not provide any loans or guarantees or madeinvestment in its subsidiaries, joint ventures, associate companies, other corporate entities, or individuals.
16. DEPOSITS:
The Company has not accepted/ renewed any deposits for the year ended 31st March, 2025.
17. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGNEXCHANGE EARNINGS AND OUTGO:
The information on conservation of energy, technology absorption and foreign exchange earnings andoutgo stipulated under Section 134 (3) (m) of the Companies Act, 2013 read with Rule, 8 of TheCompanies (Accounts) Rules, 2014, is annexed herewith as “ANNEXURE V”.
18. DISCLOSURE UNDER SEXUAL HARRASSMENT OF WOMEN AT WORK PLACE(PREVENTION, PROHIBITION & REDRESSAL) ACT, 2013:
The Company has zero tolerance for sexual harassment at workplace. It has adopted the policy onprevention, prohibition and redressal of sexual harassment at workplace in line with the provision ofsexual harassment of woman at workplace (prevention, prohibition and redressal) Act, 2013 and therules thereunder for prevention and redressal of complaints of sexual harassment at work place.
The Company has not received any complaint regarding sexual harassment during the Financial Year2024-25.
19. CORPORATE SOCIAL RESPONSIBILITY:
The brief outline of the Corporate Social Responsibility ('CSR') Policy of the Company and theinitiatives undertaken by the Company on CSR activities during the year in the format prescribed inthe Companies ('CSR Policy') Rules, 2014 are set out in Annexure VI of this Report.
The Corporate Social Responsibility Committee comprises of
Name of the Directors
Nature of Directorship
Designation inCommittee
Chairman
Member
The Committee met two times during the year. The brief outline of the corporate social responsibility(CSR) policy of the Company is available on the website of the Company athttps://arhamtechnologies.co.in/committeesOfTheBoard.
20. DIRECTORS’ RESPONSIBILITY STATEMENT:
Pursuant to the requirement under section 134 (3) (c) of the Companies Act, 2013 with respect toDirectors’ Responsibility Statement, it is hereby confirmed that:
a) in the preparation of the annual accounts for the financial year ended 31st March, 2025, theapplicable accounting standards read with requirement set out under Schedule III of theCompanies Act, 2013 had been followed and there is no material departure from the same;
b) The directors had selected such accounting policies and applied them consistently and madejudgments and estimates that are reasonable and prudent so as to give a true and fair view ofthe state of affairs of the company as at the end of the financial year 31st March, 2025 and ofthe profit of the company for that period;
c) The directors had taken proper and sufficient care for the maintenance of adequate accountingrecords in accordance with the provisions of this Act for safeguarding the assets of thecompany and for preventing and detecting fraud and other irregularities;
d) The directors had prepared the annual accounts on a going concern basis; and
e) The directors had devised proper systems to ensure compliance with the provisions of allapplicable laws and that such systems were adequate and operating effectively.
21. DECLARATION BY INDEPENDENT DIRECTORS:
The Company has received necessary declaration from each independent director under Section 149(7) of the Companies Act, 2013, that he/she meets the criteria of independence laid down in Section149 (6) of the Companies Act, 2013 and Regulation 16 (1) (b) and 25 of SEBI (Listing Obligation andDisclosure Requirements) Regulations, 2015.
22. A UDIT COMMITTEE: - {Section 177 (8)}
The Audit Committee had duly formed in line with the provisions of Section 177 (8) of the CompaniesAct, 2013. The details of the Committee are available on the website of the Company athttps://arhamtechnologies.co.in/investor-relation/ and it comprises of following persons;
1. Mr. Saurabh Agrawal - Chairman
2. Mr. Manish Agrawal - Member
3. Mr. Ankit Jain - Member
Note: During the year under review, the composition of the Audit Committee of the company was notchanged.
Total No. of Members onthe Date of Meeting
No. ofMembersattended
15/05/2024
100%
05/09/2024
14/11/2024
29/01/2025
23. COMPANY’S POLICY ON DIRECTORS’ APPOINTMENT AND REMUNERATIONINCLUDING CRITERIA FOR DETERMINING QUALIFICATIONS, POSITIVE ATTRIBUTES,INDEPENDENCE OF A DIRECTOR AND OTHER MATTERS PROVIDED UNDER SUB¬SECTION (3) OF SECTION 178:
The Nomination and Remuneration committee had duly formed in line with the provisions of Section178 of the Companies Act, 2013. The details of the Committee are available on the website of theCompany at https://arhamtechnologies.co.in/investor-relation/ and it comprises of following persons;
1. Mr. Manish Agrawal - Chairman
2. Mr. Saurabh Agrawal - Member
3. Mrs. Rukmani Jain - Member
Note: During the year under review, the composition of the Nomination and Remuneration Committeeof the company was not changed.
Total No. of Members on theDate of Meeting
04/04/2024
03/09/2024
24. STAKEHOLDER RELATIONSHIP COMMITTEE: - {Section 178}
The Stakeholder Relationship Committee had duly formed in line with the provisions of Section 178of the Companies Act, 2013. The details of the Committee are available on the website of the Companyat https://arhamtechnologies.co.in/investor-relation/ and it comprises of following persons;
2. Mr. Ankit Jain - Member
25. SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTSOR TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANY’SOPERA TIONS IN FUTURE:
During the year under review there has been no such significant and material orders passed by theregulators or courts or tribunals impacting the going concern status and company’s operations in future.
A Buy Back of Securities
The Company has not bought back any of its securities during the year under review.
B. Sweat Equity
The Company has not issued any Sweat Equity Shares during the year under review.
C. Bonus Shares
During the year under review, the Company has capitalized its reserves amounting to Rs. 8.46 lakhsand issued Bonus Shares to the shareholders in the ratio of 1:1, thereby increasing the paid-up sharecapital of the Company. The Bonus issue was made out of the Company’s free reserves, incompliance with the provisions of the Companies Act, 2013 and rules made thereunder, and otherapplicable statutory requirements.
The Board of Directors expresses its gratitude to the shareholders for their continued trust and support.
D. Employees Stock Option Plan (ESOP)
The Company has implemented the ATL Employee Stock Plan 2024 under which up to 169,200equity shares of Rs. 10/- each may be allotted to eligible employees. The Company has receivedin-principal approval from NSE for listing of these shares. The ESOP is designed to attract, retain,and motivate employees by aligning their interests with the long-term growth and performance of theCompany, in accordance with SEBI (Share Based Employee Benefits) Regulations, 2021.
26. FORMAL ANNUAL EVALUATION:
Your Board has devised an Evaluation Policy for evaluating the performance of the Board, itsCommittees, Executive Directors, and Independent Directors. Based on the same, the performancewas evaluated for the financial year ended March 31, 2025. As part of the evaluation process, theperformance of Non- Independent Directors, the Chairman and the Board was conducted by theIndependent Directors.
The performance evaluation of the respective Committees and that of Independent and Non¬Independent Directors was done by the Board excluding the Director being evaluated.
The policy inter alia provides the criteria for performance evaluation such as Board effectiveness,quality of discussion, contribution at the meetings, business acumen, strategic thinking, timecommitment, and relationship with the stakeholders, corporate governance practices, contribution ofthe committees to the Board in discharging its functions etc.
27. RELATED PARTY TRANSACTIONS:
The particulars of every contract or arrangements entered into by the Company with related partiesreferred to in sub-section (1) of section 188 of the Companies Act, 2013 are disclosed in Form No.AOC-2 as Annexure-II.
28. INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:
The Company has adequate and efficient internal and external control system, which providesprotection to all its assets against loss from unauthorized use and ensures correct reporting oftransactions.
The internal control systems are further supplemented by internal audits carried out by the respectiveInternal Auditors of the Company and Periodical review by the management. The Company has put inplace proper controls, which are reviewed at regular intervals to ensure that transactions are properlyauthorized, correctly reported and assets are safeguarded.
29. RISK MANAGEMENT:
Your Board has adopted a well-defined process for managing its risks on an ongoing basis and forconducting the business in a risk conscious manner. The Company has a structured and comprehensiveRisk Management Frame work under which the risks are identified, assessed, trace, monitored andreported as a part of normal business practice. The Risk Management System is fully aligned with thecorporate and operational objectives. There is no element of risk which in the opinion of the Board maythreaten the existence of the Company.
30. MAINTENANCE OF COST RECORDS:
Maintenance of cost records as specified by the Central Government under sub-section (1) of Section148 of the Companies Act, 2013, has been made and maintained by the Company.
31. VIGIL MECHANISM/WHISTLE BLOWER POLICY
In order to ensure that the activities of the Company and its employees are conducted in a fair andtransparent manner by adoption of highest standard of professionalism, honesty, integrity and ethicalbehavior, the Company has adopted a vigil mechanism policy. The mechanism of whistle blower policyis in place.
32. MANAGEMENT DISCUSSION AND ANALYSIS REPORT:
In terms of the provisions of Regulation 34 and schedule V of the SEBI (Listing Obligation andDisclosure Requirements) Regulations, 2015 the Management’s discussion and analysis report isannexed in Annexure-VI.
33. WEBSITE:
The Company is maintaining its functional website and the website contains basic as well as investor’srelated information. The link of website is https://arhamtechnologies.co.in/
34. CORPORATE GOVERNANCE:
As a good corporate governance practice the Company has generally complied with the corporategovernance requirements. Our disclosures seek to attain the best practices in corporate governance. Wealso endeavor to enhance long-term shareholder value and respect minority rights in all our businessdecisions.
As our company has been listed on EMERGE Platform (SME) of NSE Limited, therefore by virtue ofRegulation 15 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 thecompliance with the corporate Governance provisions as specified in regulation 17 to 27 and Clause(b) to (i) of sub regulation (2) of Regulation 46 and Para C D and E of schedule V are not applicable tothe company. Hence, corporate governance report does not form a part of this Board Report, though weare committed towards best corporate governance practices.
35. DETAILED REASON OR REPORT ON REVISION OF FINANCIAL STATEMENTS:
There is no revision of financial statement. Hence, it is not applicable to your company.
36. GENERAL MEETING:
The Directors state that the applicable secretarial standard i.e. SS-2, relating to ‘General Meeting’, hasbeen duly followed by the Company
Details of the General Meetings of the Company held during the financial year along with summaryof Resolutions passed thereat, as more particularly set out in the respective notices of such GeneralMeetings, as passed by the Members, are as follows:
AGM /EGM
Day, Date, Time and Venue
Particulars of Resolution
Extra Ordinary
Friday, 12th April, 2024 at
1. To Increase the authorised share
General
12:30 p.m. at Plot No. 15,
capital of the company and
Meeting
Electronic Manufacturing
consequential amendment in
Cluster, Sector 22, VillageTuta, Atal Nagar, Nava RaipurChhattisgarh, 492015 India
memorandum of association of theCompany.
2. To Consider and approve thematter regarding issue of bonus sharesto the equity shareholders.
3. To Increase the limit of fresh issueof shares through further public offer(FPO).
Monday, 24th February, 2025at 03:00 p.m at Plot No. 15,Electronic ManufacturingCluster, Sector 22, VillageTuta, Atal Nagar, Nava RaipurChhattisgarh, 492015 India
1. To Increase the authorised sharecapital of the company andconsequential amendment inmemorandum of association of theCompany.
2. To Appointment of statutory auditorto fill casual vacancy.
Annual General
Monday, 30th September,
1. Adoption of Audited Financial
2024 at 04.00 p.m. at Plot No.
Statements.
15, Electronic Manufacturing
2. Re-appointment of a Director.
Cluster, Sector 22, Village
3. To consider and approve ATL
Tuta, Atal Nagar, Nava
Employee Stock Plan 2024 and grant of
Raipur, Chhattisgarh, 492015
Employee Stock options to Eligible
India
Employees.
3 7. REPORTING OF FRA UD:
The Auditors of the Company have not reported any fraud as specified under Section 143 (12) of theCompanies Act, 2013.
38. ANNUAL RETURN:
Pursuant to the provisions of Sections 92 (3) and 134 (3) (a) of the Companies Act, 2013, copy of theAnnual Return of the Company have been uploaded on the Company's websitehttps://arhamtechnologies.co.in/investor-relation/ in e-form MGT-7 for the financial year endedMarch 31, 2025.
39. MATERNITY BENEFIT PROVIDED BY THE COMPANY UNDER MATERNITY BENEFITACT 1961:
The Company declares that it has duly complied with the provisions of the Maternity Benefit Act,1961. All eligible women employees have been extended the statutory benefits prescribed under theAct, including paid maternity leave, continuity of salary and service during the leave period, andpost-maternity support such as nursing breaks and flexible return-to-work options, as applicable. TheCompany remains committed to fostering an inclusive and supportive work environment thatupholds the rights and welfare of its women employees in accordance with applicable laws.
40. DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER INSOLVENCYAND BANKRUPTACY CODE 2016:
During the financial year under review, there were no application/s made or proceeding werepending in the name of the company under the Insolvency and Bankruptcy Code, 2016.
41. DETAILS OF DIFFERENCE BETWEEN VALUATION AMOUNT ON ONE TIMESETTLEMENT AND VALUATION WHILE AVAILING LOAN FROM BANKS ANDFINANCIAL INSTITUTIONS:
During the Financial year under review, there were no one-time settlement of Loans taken fromBanks and Financial institutions.
42. AUDIT TRAIL APPLICABILITY (AUDIT AND AUDITORS) RULES 2014 - RULE 11 OF THECOMPANIES ACT 2013:
The Company has used accounting software for maintaining its books of account for the financial yearended March 31, 2025 which has a feature of recording audit trail (edit log) facility and the same hasoperated throughout the year for all relevant transactions recorded in the software’s and the audit trailfeature has not been tampered with and the audit trail has been preserved by the company as per thestatutory requirements for record retention.
43. APPOINTMENT OF DESIGNATED PERSON (MANAGEMENT AND ADMINISTRATION)RULES 2014 - RULE 9 OF THE COMPANIES ACT 2013:
In accordance with Rule 9 of the Appointment of Designated Person (Management and Administration)Rules 2014, it is essential for the company to designate a responsible individual for ensuring compliancewith statutory obligations.
The company has proposed and appointed a Designated person in a Board meeting and the same has beenreported in Annual Return of the company.
44. COMPLIANCE WITH SECRETARIAL STANDARD:
The Company Has Complied with the applicable Secretarial Standards (as amended from time to time)on meetings of the Board of Directors issued by The Institute of Company Secretaries of India andapproved by Central Government under section 118(10) of the Companies Act, 2013.
45. ACKNOWLEDGEMENT:
Your directors wish to express their grateful appreciation to the continued co-operation received fromthe Banks, Government Authorities, Customers, Vendors and Shareholders during the year underreview and look forward to their continued co-operation in the years to come.
Your directors also wish to place on record their deep sense of appreciation for the committed serviceof the Executives, staff and Workers of the Company.
For and on behalf of the Board of Directors
SD/- SD/-
Managing Director Director
Date: 26.08.2025 DIN 06381291 DIN 06381280
Place: Raipur
NAME Roshan Jain NAME Ankit Jain