m. Provisions and contingent liabilities

Provisions are recognised when the Company has a
present obligation (legal or constructive) as a result of
past events, it is probable that an outflow of resources
will be required to settle the obligation, and a reliable
estimate can be made of the amount of the obligation.

Contingent liability is disclosed for all:

i. possible obligations that arise from past events
and whose existence will be confirmed only by
the occurrence or non-occurrence of one or
more uncertain future events not wholly within
the control of the Company (or)

ii. present obligations arising from past events
where it is not probable that an outflow of
resources embodying economic benefits will be
required to settle the obligation or a sufficiently
reliable estimate of the amount of the obligation
cannot be made.

n. Cash and cash equivalents

Cash represents cash in hand and demand deposits
with banks. Cash equivalents represents short-term,
liquid investments that are readily convertible into
cash without significant risks of change in value. Other
bank balances comprise amounts which are restricted
in nature, held as margin money against guarantee,
balances held in unpaid dividend bank accounts and
unspent CSR accounts.

Cash flow statement

Cash flow statements are reported using the indirect
method, whereby profit for the period is adjusted for
the effects of transactions of non-cash nature, any

deferrals or accruals of operating cash receipts or
payments and items of income or expenses associated
with investing or financing cash flows. The cash flows
from operating, investing and financing activities of
the Company are segregated based on the nature
of transactions.

o. Earnings per share

Basic earnings per share is computed by dividing
profit after tax by the weighted average number of
equity shares outstanding during the year.

Diluted earnings per share is computed by dividing
the profit after tax as adjusted for dividend, interest
and other charges to expense or income (net of any
attributable taxes) relating to the dilutive potential
equity shares, by the weighted average number of
equity shares considered for deriving basic earnings
per share and the weighted average number of
equity shares which would have been issued on the
conversion of all dilutive potential equity shares.

Potential equity shares are deemed to be dilutive only
if their conversion to equity shares would decrease
the net profit per share from continuing operations.
Potential dilutive equity shares are deemed to be
converted as at the beginning of the period, unless
they were issued later. The dilutive potential equity
shares are adjusted for the proceeds receivable had
the shares been issued at average market value of
the outstanding shares. Dilutive potential equity
shares are determined independently for each
period presented. The number of equity shares and
potentially dilutive equity shares are adjusted for
share splits / reverse share splits and bonus shares,
as appropriate.

p. Dividend to shareholders

Final dividend distributed to Equity shareholders is
recognised in the period in which it is approved by
the members of the Company in its Annual General
Meeting. Interim dividend is recognised when
approved by the Board of Directors at the Board
Meeting. Both final dividend and interim dividend are
recognised in the Standalone Statement of Changes
in Equity.

q. Derivative financials instruments

The Company uses foreign currency forward contracts
to hedge its risks associated with foreign currency
fluctuations relating to certain firm commitments
and highly probable forecast transactions. Forward
contracts are initially recognised at fair value on the

date the contract is entered into and are subsequently
re-measured at fair value at each reporting date. The
resulting gain or loss is recognised in the statement
of profit and loss.

r. Fair value measurement

Some of the Company's accounting policies or
disclosures require the measurement of fair value for
both financial and non-financial assets and liabilities.

Fair value is the price that would be received to sell
an asset or paid to transfer a liability in an orderly
transaction between market participants at the time
of measurement. When measuring fair value, the
Company considers the characteristics of the asset
or liability if the market participants would take those
characteristics into account when pricing the asset or
liability at the measurement date.

The Company has an established framework with
respect to the measurement of fair values. Fair values
are recognised into different levels in a fair value
hierarchy based on the inputs used in the valuation
techniques which are as follows:

i. Level 1 fair value measurements are those
derived from quoted prices (unadjusted) in
active markets for identical assets or liabilities.

ii. Level 2 fair value measurements are those
derived from inputs other than quoted prices
included within Level 1 that are observable for
the asset or liability, either directly (i.e. as prices)
or indirectly (i.e. derived from prices).

iii. Level 3 fair value measurements are those
derived from valuation techniques that include
inputs for the asset or liability that are not
based on observable market data (unobservable
inputs).

s. Financial instruments

Recognition and initial measurement

Trade receivables and debt securities issued are
initially recognised when they are originated. All other
financial assets and financial liabilities are initially
recognised when the Company becomes a party to
the contractual provisions of the instrument.

A financial asset or financial liability is initially
measured at fair value. Transaction costs that are
directly attributable to the acquisition or issue of
financial assets and financial liabilities (other than
financial assets and financial liabilities at fair value

through profit or loss) are added to or deducted
from the fair value of the financial assets or financial
liabilities, as appropriate, on initial recognition.
However, trade receivables that do not contain a
significant financing component is measured at
transaction price.

Transaction costs directly attributable to the
acquisition of financial assets or financial liabilities
at fair value through profit or loss are recognised
immediately in the statement of profit and loss.

Classification and subsequent measurement

Financial assets

i. On initial recognition, financial assets are
measured at

- Amortised cost and

- Fair value through profit and loss. (FVTPL)

ii. A financial asset is measured at amortised cost
if it meets both of the following conditions and
is not designated as at Fair Value Through Profit
or Loss (FVTPL):

- T he asset is held within a business model
whose objective is to hold assets to collect
contractual flows; and

- The contractual terms of the financial
asset give rise on specified dates to
cash flows that are solely payments of
principal and interest on the principal
amount outstanding.

iii. All financial assets not classified as measured
at amortised cost as described above are
measured at FVTPL. This includes all derivative
financial assets. On initial recognition, the
Company may irrevocably designate a financial
asset that otherwise meets the requirements to
be measured at amortised cost as at FVTPL if
doing so eliminates or significantly reduces an
accounting mismatch that would otherwise arise.

iv. Financial assets at FVTPL - These are
subsequently measured at fair value. Net gains
and losses, including any interest or dividend
income, are recognised in profit or loss.

v. Financial assets at amortised cost - These
assets are subsequently measured at amortised
cost using the effective interest method. The
amortised cost is reduced by impairment losses.
Interest income, foreign exchange gains and

losses and impairment losses are recognised in
statement of profit and loss.

vi. Financial assets are not re-classified subsequent
to their initial recognition, except if and in the
period the Company changes its business model
for managing its financial assets.

Financial liabilities

i. Financial liabilities are classified as measured at

a. Amortised cost and

b. Fair Value through Profit and Loss. (FVTPL)

ii. A financial liability is classified as at FVTPL if it is
classified as held-for-trading, or it is a derivative
or it is designated as such on initial recognition.
Financial liabilities at FVTPL are measured at
fair value and net gains and losses, including any
interest expense, are recognised in statement of
profit and loss.

iii. Other financial liabilities are subsequently
measured at amortised cost using the effective
interest method. Interest expense, foreign
exchange gains and losses are recognised in
profit and loss. Any gain or loss on de-recognition
is also recognised in statement of profit and loss.

De-recognition
Financial assets

The Company de-recognises a financial asset when
the contractual rights to the cash flows from the
financial asset expire, or it transfers the rights to
receive the contractual cash flows in a transaction
in which substantial risks and rewards of ownership
of the financial asset are transferred, or in which the
Company neither transfers nor retains substantial
risks and rewards of ownership and does not retain
control of the financial asset.

If the Company enters into transactions whereby it
transfers assets recognised on its balance sheet but
retains either all or substantially all of the risks and
rewards of the transferred assets, the transferred
assets are not derecognised.

On de-recognition of a financial asset in its entirety, the
difference between the asset's carrying amount and
the sum of the consideration received and receivable
is recognised as gain or loss in the statement of profit
and loss.

Financial liabilities

The Company de-recognises a financial liability when
its contractual obligations are discharged or cancelled
or gets expired. The difference between the carrying
amount of the financial liability de-recognised and the
sum of consideration paid and payable is recognised
as gain or loss in the statement of profit and loss.

The Company also de-recognises a financial liability
when its terms are modified and the cash flows under
the modified terms are substantially different from
before they were modified. In this case, a new financial
liability based on modified terms is recognised at fair
value. The difference between the carrying amount
of the financial liability extinguished and the new
financial liability with modified terms is recognised in
statement of profit and loss.

Offsetting

Financial assets and financial liabilities are offset and
the net amount presented in the balance sheet when,
and only when, the Company currently has a legally
enforceable right to set off the amounts and it intends
either to settle them on a net basis or to realise the
asset and settle the liability simultaneously.

Impairment of financial assets

The Company recognises loss allowances for expected
credit loss ("ECL") on financial assets measured at
amortised cost. At each reporting date, the Company
assesses whether such financial assets carried at
amortised cost are credit impaired.

A financial asset is credit-impaired when one or
more events that have a detrimental impact on the
estimated future cash flows of the financial asset
have occurred.

The Company measures loss allowance at an amount
equal to lifetime expected credit losses except for
bank balances which are measured as 12 month
expected credit losses for which credit risk has not
increased significantly since initial recognition.

Loss allowances for trade receivables are always
measured at an amount equal to life-time expected
credit losses.

Lifetime expected credit losses are the expected
credit losses resulting from all possible default events
over the expected life of a financial instrument. The
12-month ECL is a portion of the ECL which results

from default events that are possible within 12 months
after the reporting date.

Measurement of expected credit losses:

Expected credit losses are a probability-weighted
estimate of credit losses.

The impairment losses and reversals are recognised
in the statement of profit and loss.

Loss allowance for financial assets measured at
amortised cost are deducted from gross carrying
amount of the assets.

The gross carrying amount of financial assets is
written off (either partially or in full) to the extent that
there is no realistic prospect of recovery.

t. Non-current assets held for sale

Non-current assets are classified as held for sale if it is
highly probable that they will be recovered primarily
through sale rather than continuing use and are
measured at the lower of their carrying amount and
fair value less costs to sell. Once classified as held-
for-sale these assets are no longer depreciated.

u. Borrowing cost

Borrowing costs are recognised in profit or loss in the
period in which they are incurred. Borrowing costs
directly attributable to the acquisition, construction
or production of qualifying assets, which are assets
that necessarily take a substantial period of time to
get ready for their intended use or sale, are added to
the cost of those assets, until such time as the assets
are substantially ready for their intended use or sale.

v. Goods and Service Tax

Goods and Service Tax input credit is accounted for in
the books in the period in which the underlying service
received is accounted and when there is reasonable
certainty in availing / utilising the credits.

w. Insurance

Insurance claims are accounted for on the basis
of claims admitted / expected to be admitted and
to the extent that the amount recoverable can be
measured reliably and it is reasonable to expect
ultimate collection.

During the quarter ended 31 March 2025, a private limited company in India (end customer of the Company), subscribing to cloud
services of Amazon Web Services (AWS), initiated legal proceedings both on AWS and the Company alleging that their data stored
in AWS has been deleted and has claimed a consequential financial loss of approximately ' 150 Crores. The Company has obtained
an interim stay from the Hon'ble High Court of Karnataka against the complaint. It may be noted that the Company does not have
any direct contractual relationship with the end customer. The Company has acted as per contractual obligation with its channel
partner, in adherence to established procedures and due process. Accordingly, the Company, and also based on professional legal
advice, believes that the allegations are without merit and not legally sustainable. The Company does not anticipate any material
financial impact arising from this matter.

Other than the information disclosed above, the Company is involved in disputes, proceedings etc. that arose from time to time in
the ordinary course of business. The Company is of the view that there would be no material adverse effect, arising out of such
disputes/proceedings, on the standalone financial statements. Show cause notices are not considered as contingent liabilities unless
converted into demand.

The Company enters into foreign exchange forward contracts with banks. These foreign exchange forward contracts are valued
using various inputs including the foreign exchange spot and expected forward rates.

40. Financial risk management

The Company's activities expose it to a variety of financial risks such as foreign exchange risk, interest rate risk, credit risk and
liquidity risk. The Company's focus is to foresee the unpredictability of financial markets and seek to minimize potential adverse
effects on its financial performance. The primary market risk of the Company is credit and foreign exchange risk.

The Company's senior management oversees the management of these risks. The Company's senior management is supported by
a financial risk committee that advises on financial risks and the appropriate financial risk governance framework for the Company.
The financial risk committee provides assurance to the Company's senior management that the Company's financial risk activities
are governed by appropriate policies and procedures and that financial risks are identified, measured, mitigated and managed in
accordance with the Company's policies and risk objectives.

Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market
prices. Such changes in the values of financial instruments may result from changes in the foreign currency exchange rates,
interest rates, credit, liquidity, and other market changes. The Company's exposure to market risk is primarily on account of foreign
currency risk.

a. Foreign currency risk

Foreign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in
foreign exchange rates. The Company's exposure to the risk of changes in foreign exchange rates is primary on account of
payment in foreign exchange for purchase of goods.

The Company uses foreign currency forward contracts to hedge its risks associated with foreign currency fluctuations relating
to certain firm commitments and highly probable forecast transactions.

The unhedged balances as at the reporting dates are primarily on account of purchase of goods where the Company is in the
process of hedging and the balance in vendor account which to a larger extent have natural hedge.

Sensitivity analysis

Sensitivity analysis is carried out for unhedged foreign exchange risk as at the reporting dates. For every 1% strengthening
of Indian Rupees against all relevant uncovered foreign currency transactions profit before tax would be impacted by loss of
' 0.08 Crores (previous year gain of ' 0.56 Crores). Similarly, for every 1% weakening of Indian Rupee against these transactions,
there would be an equal and opposite impact on the profit before tax.

b. Interest rate risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes
in market interest rates.

The Company borrows funds to meet its short-term requirements which are at fixed interest rates. Hence, the Company is not
exposed to any significant interest rate risk.

c. Credit risk

Credit risk is a risk of financial loss to the Company, if a customer or counterparty to a financial instrument fails to meet its
contractual obligations, arises principally from the Company's receivables from customers, loans, and other financial assets.
The carrying value of financial assets represents the maximum amount of credit risk.

The Company mitigates credit risk by strict procedures, policies and risk management. The Company has a dedicated independent
team to review credit and monitor collection of receivables on a pan India basis. Credit insurance is resorted to most of the
receivable and in such cases the credit risk is restricted to 15 % of the receivable value.

The concentration of credit risk is limited due to the customer base being large and unrelated. Further, the Company constantly
evaluates the quality of trade receivable and provides allowance towards impairment of trade receivables.

In addition to the historical pattern of credit loss, the Company closely monitors its customers and assesses conditions such
as change in payment terms, inability of the customer to pay etc. depending on severity of each case. Basis this assessment,
the allowance for impairment of trade receivables as at the reporting dates is considered adequate.

Refer note 15 for the movement in the allowance of trade receivables.

d. Liquidity risk

Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities
that are settled by delivering cash or another financial asset.

The Company has built an appropriate liquidity risk management framework for its short, medium, and long-term funding
and liquidity requirements. The Company manages liquidity risk by maintaining adequate reserves, banking facilities and un¬
availed borrowing facilities, by continuously monitoring forecast and actual cash flows and matching the maturity profiles of
financial liabilities.

Formulas for above ratios:

a. Current ratio = Current assets/ current liabilities

b. Debt equity ratio = (Total Debt - Cash and cash equivalents)/ (Total equity - Investments in subsidiaries)

c. Debt service coverage ratio = (Profit before tax - Dividend income Finance cost) / (Finance cost Repayment of long-term
loans during the year)

d. Inventory turnover ratio = (Purchase of traded goods Changes in inventories of traded goods)/ Average inventories

e. Trade receivables turnover ratio = Revenue from operations/ Average trade receivables

f. Trade payables turnover ratio = (Purchase of traded goods Changes in inventories of traded goods)/ Average trade payables

g. Net capital turnover ratio = Revenue from operations/ (Average inventories Average trade receivables - Average trade
payables)

h. Net profit % = (Net profit after tax - Dividend income - Tax expenses in respect of earlier years)/ Revenue from operations

i. Return on equity % = (Profit after tax-Dividend income) / (Average equity - Investments in subsidiaries)

j. Return on capital employed (Net of cash) % = (Profit before tax -Dividend income Finance costs)/ (Average capital employed

- Investment in subsidiaries - cash and cash equivalents) where Capital employed = Equity Borrowings.

k. Return on capital employed (Gross) % = (Profit before tax - Dividend income Finance costs)/ (Average capital employed -
Investment in subsidiaries)

l. Return on investment % = Income generated from invested funds/ Average invested funds in treasury investments.

42. Related party disclosures (As per Ind AS 24 “Related party disclosures”)

a. Key Management Personnel (KMP)

Mr. V S Hariharan, Managing Director and Group CEO*

Mr. S V Krishnan, Finance Director (whole-time)

Mr. Ramesh Natarajan, Chief Executive Officer, India Distribution business
Mr. V Ravishankar, Chief Financial Officer

* Mr. V S Hariharan has been appointed as the Managing Director and Group Chief Executive Officer for five years, with effect from February 05, 2025
Refer note 43 for details of remuneration paid to KMP.

Notes:

i. Although the holding is less than 50% of equity shares, the Group has the power over these companies, is exposed to or
has rights to variable returns from its involvement in these Companies and has the ability to exercise its power over these
Companies to affect its returns and therefore exercises effective control. Consequently, these entities are considered as
the Company's step-down subsidiaries and are consolidated.

ii. Redington Turkey Holdings S.A.R.L (RTHS), Luxembourg has the power over these companies, is exposed to or has rights to
variable returns from its involvement with these companies and has the ability to exercise its power over these companies
to affect its returns (through control over the composition of the Board of Directors of Arena Bilgisayar Sanayi Ve Ticaret
A.S. (Arena)). Consequently, Arena and its subsidiaries are consolidated in the consolidated financial statements.

iii. Liquidation in process as at March 31,2025

iv. The ownership of Paynet (Kibris) Odeme Hizmetleri Lid was transferred from Paynet Odemet Hizmetleri A.S. to Arena
Bilgisayar Sanayi Ve Ticaret on September 12, 2024. Prior to this transfer, Paynet (Kibris) Odeme Hizmetleri Lid was a
wholly owned subsidiary of Paynet Odemet Hizmetleri A.S.

v. Incorporated during the year.

vi. Sale and Purchase Agreement ('SPA') which was executed on February 29, 2024, between Redington Gulf FZE ('Seller'), a
wholly owned subsidiary of the Company, having its registered office at Jebel Ali Free Zone, Dubai, United Arab Emirates,
and Business Integrated Operating Systems FZ-LLC ('Purchaser'), Dubai, United Arab Emirates, for the sale of 100% of
the equity of Citrus Consulting Services FZ-LLC UAE, ('Target'), a wholly owned subsidiary of the Seller and step down
subsidiary of the Company has been completed on July 16, 2024.

vii. A definitive agreement has been executed on May 06, 2024 between a step down subsidiary of the company, Arena
Bilgisayar Sanayi Ve Ticaret A.S, Turkey ("Arena"), a company listed in Istanbul, Turkey and lyzi Payment and Electronic
Money Services Inc, Turkey ("lyzico",), for the sale of 100% of the equity interest held by Arena in its fintech payments
business, Paynet Odeme Hizmetler A.§ ("Paynet"), which is a wholly owned subsidiary of Arena. The disinvestment of
Paynet to Iyzico has been completed on February 13, 2025 and consequently, Paynet has ceased to be a subsidiary of
Arena from the said date.

viii. Subsequent to the year end, the Board of the subsidiary approved the proposal for re-domiciliation of the subsidiary from
Mauritius to UAE in line with the Group's future plans and the subsidiary is in the process of carrying out the required
procedural formalities.

44. Corporate social responsibility

As per Section 135 of the Companies Act, 2013, a company, meeting the applicability threshold, needs to spend at least 2% of its
average net profit for the immediately preceding three financial years on corporate social responsibility (CSR) activities. A CSR
committee has been formed by the company as per the Act. The CSR funds were primarily utilized throughout the year on activities
which are specified in Schedule VII of the Companies Act, 2013 through the 'Foundation for CSR @ Redington' trust formed to carry
out the Company's CSR activities.

~The contribution made by the Company to 'Foundation for CSR @ Redington' trust formed for the purpose of carrying out these CSR activities is ' 17.74
crores(previous year: ' 13.67 crores), which includes ' 0.26 crores spent towards impact assessment.

*The unspent amount was transferred to unspent CSR account within 30 days from the end of the financial year, in accordance with the Companies Act, 2013
read with the CSR Amendment Rules.

45. Segment Reporting

Since the Company prepares consolidated financial statements, segment information has been disclosed in the consolidated financial
statements as per Ind AS-108 "Operating Segment".

46. Stock Appreciation Rights
Details of Stock Appreciation Rights

The Company had formulated 'Redington Stock Appreciation Right Scheme 2017' ("SAR Scheme 2017") with an intent to reward the
employees of the Company and its subsidiaries for their performance and to motivate them to contribute to the growth and profitability
of the Company. The maximum number of shares to be issued against the Stock Appreciation Rights (SARs) shall not exceed 86,81,681
equity shares of ' 2/- each as adjusted for any changes in the capital structure of the Company. Pursuant to the approval of SAR
Scheme 2017 by the members of the Company, the Nomination and Remuneration Committee of the Board of Redington Limited on
December 30, 2017 approved the grant of 81,79,000 SARs to the employees of the Company and its subsidiaries.

Each SAR entitles the eligible employees and directors to receive equity shares of the Company equivalent to the increase in value
of one equity share ('Appreciation'). Appreciation is calculated by reducing the issue price / base price from the reported closing
price of the equity shares in the NSE / BSE where there is highest trading, on the day prior to the date of exercising of these SARs
and multiplying the resultant with the number of SARs exercised.

i. Stock price

The closing market price of the Company's share on the date prior to the date of grant as quoted on the National Stock Exchange
(NSE) has been considered for the purposes of Right valuation.

ii. Volatility

Volatility is a measure of the amount by which the stock price has fluctuated or is expected to fluctuate during a period. The
measure of volatility used in the Black-Scholes right pricing model is the annualized standard deviation of the continuously
compounded rates of return on the stock over a period of time.

In determining volatility, the Company considers the historical volatility of the stock over the most recent period that is generally
commensurate with the expected life of the right being valued. Volatility has been calculated based on the daily closing market
price of the Company's stock price on NSE over these years.

iii. Risk free interest rate

The risk-free interest rate considered for the calculation is the interest rate applicable for maturity equal to the expected life
of the rights based on the zero-coupon yield curve for Government Securities.

iv. Exercise / base price

Exercise / base price of ' 148.50 is considered in the original valuation.

v. Expected Life of SAR’s

Expected Life of SAR is the period over which the Company expects the SAR to be exercised. The minimum life of SAR is
the minimum period before which the SAR cannot be exercised. The maximum life is the period after which the SAR cannot
be exercised.

The expected life of rights is calculated as the average of the minimum life (vesting period) and the maximum life (i.e. vesting
period exercise period).

vi. Expected dividend yield

Expected dividend yield has been calculated based on the final dividend declared during the preceding financial year.

f. Expense recognised in Statement of profit and loss

The Company has recognised costs with respect to those SARs which were issued to the employees and directors of the
Company in the statement of profit and loss under employee benefit expenses.

g. Amount recognised as deemed cost of investments in subsidiaries

The Company has recognised the cost of those SARs which were issued to the employees and directors of the subsidiaries as
the deemed cost of investments.

48. Additional regulatory information

I. The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall:

(a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
Company (Ultimate Beneficiaries) or

(b) Provide any guarantee, security or the like to or on behalf of the ultimate beneficiaries

II. The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the
understanding (whether recorded in writing or otherwise) that the Company shall:

(a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
Funding Party (Ultimate Beneficiaries) or

(b) Provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

49. Events after the reporting period

The Board has recommended a dividend of ' 6.80 (340%) per equity share of ' 2/- each for the year ended March 31, 2025,
subject to the approval of shareholders of the company at the ensuing Annual General Meeting ('AGM'). The dividend will be paid
within 30 days from the date of the ensuing AGM of the Company. The Record date for payment of dividend, as recommended
by the Board, is fixed as July 4, 2025.

50. The Company has audit trail feature enabled and the same has been operating effectively during the financial year. The company
has established and maintained adequate internal control over its financial reporting. The audit trail that was enabled and
operated for the year ended March 31,2024 has been preserved as per the statutory requirements for record retention.

51. These standalone financial statements were approved for issue by the Board of Directors on May 19, 2025.

for and on behalf of the Board of Directors

V S Hariharan S V Krishnan

Managing Director & Group CEO Finance Director (Whole-time)

DIN : 05352003 DIN:07518349

Ramesh Natarajan V Ravishankar K Vijayshyam Acharya

Chief Executive Officer - Chief Financial Officer Company Secretary

India Distribution business

Place: Chennai
Date: 19 May, 2025