The Board of Directors hereby submits the report of the business and operations of your Company,
along with the audited financial statements, for the financial year ended March 31, 2025.

Financial Results

The performance of the company for the financial year ended March 31, 2025 is summarized below:

Dividend

Considering the present conditions of business and growth stage of Company, The Board of
Directors of the company has decided not to recommend any dividend for the Financial Year 2024¬
25. The management being optimistic about the return from business activities has proposed to
plough back profit into the business activities of the Company.

Transfer to Reserves

During the year under review, the company has transferred Rs.17,01,820/- to the General Reserve.
Share Capital

There were no changes in the Share Capital structure of the Company, during the financial year
under review.

Operations and Business Performance

Your Company has achieved Net profit of Rs. 17,03,398.00/- in the current financial year 2024-25
as in compare to net profit of Rs. 19,14,919.15/- for the previous fiscal. There were no plan of new
projects of business.

Material Changes and Commitments Affecting Financial Position

There have been no material changes and commitments affecting the financial position of the
Company between the end of the financial year and the date of this report.

Subsidiaries, Joint Ventures, and Associate Companies

There were no Subsidiaries, Joint Ventures, and Associate Companies at the end of year under review.
Directors. KMP and Meetings

• There were no changes in composition of the Board and KMP during the year under review.

• The Company has received necessary declaration from independent director under Section
149(7) of the Companies Act, 2013, that they meets the criteria of independence laid down
in Section 149(6) of the Companies Act, 2013 and Regulations 25 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.

• During the financial year ended 31^st March, 2025, the Board met 5 (five), on following dates
30.05.2024, 14.05.2024, 03.09.2024, 14.11.2024, 13.02.2025.

The maximum interval between any two consecutive meetings did not exceed 120 days, thereby
complying with the requirements of Section 173 of the Companies Act, 2013, and Regulation 17(2)
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The details of attendance of each Director at the Board meetings are provided in the Corporate
Governance Report, forming part of this Annual Report.

Mrs. Kalpana Singh, Director of the Company, who is liable to retire by rotation at the Annual
General Meeting and being eligible offered herself for reappointment.

Committees of the Board

Currently, the Board has three committees: The Audit Committee, the Shareholder's/ Investor's
Grievance Committee, the Nomination and Remuneration Committee. A detailed note on the
composition of the Board and its committees is provided in the corporate governance report
section. Confirm that the composition and terms of reference are in line with SEBI and Companies Act
provisions.

Audit Committee/Nomination And Remuneration Committee/ Stakeholder Relationship
Committee

The details of various committees and their functions are part of Corporate Governance Report.
Directors' responsibility statement

As required under Section 134(5) of the Companies Act, 2013, the Directors of the Company
hereby states that:

i. In the preparation of the annual accounts for the year ended 31^st March 2025, the applicable
accounting standards had been followed along with proper explanation relating to material
departures.

ii. 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 the financial year and of the Profit and Loss of the
company for that period.

iii. The Directors had taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provisions of this Act for safeguarding the assets of the company
and for preventing and detecting fraud and other irregularities.

iv. The Directors had prepared the annual accounts on a Going Concern Basis.

v. The Directors had laid down internal financial controls to be followed by the company and that
such internal financial controls are adequate and were operating effectively; and

vi. The Directors had devised proper system to ensure compliance with the provisions of all
applicable laws and such system were adequate and operating effectively.

Auditors and Auditor's Report

i. Statutory Auditors

M/s KARMV AND COMPANY, Chartered Accountants FRN: 023022N was appointed to audit books
of accounts for financial year 2024-26 and issue reports for quarterly financial results as per SEBI
(LODR) Regulations, 2015 in Annual General Meeting held on 30^th September, 2024 till the
conclusion 48^th Annual General Meeting of the company will continue as statutory auditor to audit
books of accounts for two consecutive financial year 2024-25 & 2025-26 and issue reports for
quarterly financial results as per SEBI (LODR) Regulations, 2015.

The Notes on financial statement referred to in the Auditors' Report are self-explanatory and do not
call for any further comments. The Auditors' Report does not contain any qualification, reservation
or adverse remark except remarks upon the investment made in a company under same
management.

The said Auditor's Report is attached with this Report as Annexure - IV.

The response to the auditor's remarks

Remarks: With respect to audit report for the financial years 2024-25, the Auditor made remarks
upon investment of Rs.2.00 Crores in M/s One City Promoters Private Limited (real estate
company) made by the company in the financial year 2013-14.

Response: The Company has made investment of Rs.2.00 Crores in One City Promoters Pvt. Ltd.
with a view to invest in the future project of the said company. The Company has informed that
they are looking for viable project to start in future and the money invested is safe and thus the
money invested by us is not prejudice to the interest of the company.

ii. Secretarial Auditors

The Company has appointed & obtained Secretarial Audit Report as required under Section 204(1)
of the Companies Act, 2013 from M/s. Deepak Somaiya & Co, Company Secretaries in practice. The
said Report in form MR-3 is attached with this Report as Annexure - III.

Corporate Social Responsibility (CSR)

The Company has not developed and implemented any Corporate Social Responsibility initiatives
as the said provisions are not applicable to the Company.

Corporate Governance Report:

Our Corporate Governance philosophy

Corporate Governance is about maximizing shareholder value legally, ethically and sustainably. The
goal of corporate governance is to ensure fairness for every stakeholder. We believe sound
corporate governance is critical to enhance and retain investor trust. We always seek to ensure that
our performance is driven by integrity. Our Board exercises its fiduciary responsibilities in the
widest sense of the term. Our disclosures seek to attain the best practices in international corporate
governance. We also endeavor to enhance long-term shareholder values and respect minority
rights in all our business decisions.

Pursuant to Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, the Company has complied with all the
requirements relating to corporate governance extend to its applicability and a Corporate
Governance report has also been formed part of Annual Report as Annexure-I.

Management Discussion and Analysis

The Management Discussion and Analysis Report as required under Regulation 34(2)(e) of SEBI
(LODR) Regulations

i. Economic Overview

India remained one of the fastest-growing major economies, recording a GDP growth rate of
approximately 6.5% in FY 2024-25. Government focus on infrastructure development,
digitalization, manufacturing growth (under Make in India), and policy reforms contributed to
macroeconomic stability.

ii. Industry Structure and Developments

The trading and investment sector continued to evolve with key trends such as automation, digital
transformation, regulatory reforms, global outsourcing etc.

iii. Company Overview and Business Performance

Your Company is engaged in the business of trading and investment and has consistently focused
on cost optimization and looking for new business opportunity in coming future.

iv. Opportunities and Threats
Opportunities:

The Company is poised to benefit from the growing domestic market and government initiatives.
Additionally, increasing technology adoption and a shift towards sustainable practices offer new
avenues for growth, enabling expansion and enhanced operational efficiency.

Threats:

Key challenges include fluctuating raw material prices, supply chain disruptions, and intense
market competition, which could impact profitability. Changes in regulatory policies and
geopolitical risks also pose potential hurdles to business stability.

v. Risks Management Policy

The Company has a risk management policy, which from time to time, is reviewed by the Audit
Committee of Directors as well as by the Board of Directors. The Policy is reviewed quarterly by
assessing the threats and opportunities. The Policy is designed to provide the categorization of risk
into threat and its cause, impact, treatment and control measures. As part of the Risk Management
policy, the relevant parameters for protection of environment, safety of operations and health of
people at work and monitored regularly with reference to statutory regulations and guidelines
defined by the Company.

vi. Internal Control Systems and Their Adequacy

The Board has adopted policies and procedures for ensuring the orderly and efficient conduct of its
business, including adherence to the Company's policies, the safeguarding of its assets, the
prevention and detection of frauds and errors, the accuracy and completeness of the accounting
records and the timely preparation of reliable financial disclosures..

vii. Financial Performance (Standalone)

viii. Human Resources and Industrial Relations

Employee's relations continue to be cordial during the year.

ix. Energy Conservation, Technology Absorption, Foreign Exchange Earning and Outgo

The information required under Section 134(3)(m) of the Companies Act, 2013 and rule 8(3) of
Companies (Accounts)Rules, 2014, relating to the conservation of Energy and Technology
Absorption are not applicable on the Company.

x. Outlook for FY 2025-26

The Company remains cautiously optimistic about the future and will continue to focus on:

• Existing product development

• Operational efficiency and cost optimization

• Strategic partnerships and expansion

• Enhancing stakeholder value

However, external risks such as inflation, interest rate fluctuations, and global uncertainty will be
monitored closely.

xi. Cautionary Statement

Statements in the Management Discussion and Analysis describing the Company's objectives,
projections, estimates, expectations, or predictions may be “forward-looking statements” within the
meaning of applicable securities laws and regulations. Actual results could differ materially due to
economic conditions, government policies, industry dynamics, and other factors beyond the
Company's control.

Policy on Director's appointment and remuneration

The Current policy is to have an appropriate mix of Executive, Non-Executive and Independent
Directors to maintain the independence of the Board and separate its function of governance and
management. On March 31, 2025, the Board consists of five members, three of whom are
Executive/Non-executive Director.

The policy of the Company on director's appointment and remuneration, including criteria for
determining qualifications, positive attributes, independence of a director and other matters, as
required under sub- section (3) of Section 178 of the Companies Act, 2013, is available on our
website (http://www.multipurposetrading.in/). We affirm that the remuneration paid to the
directors is as per the terms laid out in nomination and remuneration policy of the Company.

The company has not paid any remuneration to directors and had complied with Section 197(12) of the
Companies Act read with Rule 5 of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014.

Related Party Transactions and details of Loans, Guarantees. Investment & Securities
Provided

Details of Related Party Transactions and Details of Loans, Guarantees and Investments covered
under the provisions of Section 188 and 186 of the Companies Act, 2013 respectively are given in
the notes to the Financial Statements attached to the Directors' Report.

Significant and material orders

There are no significant and material orders passed by the regulator or courts or tribunal impacting
the going concern status and Company's operations in future.

Extract of annual return

In accordance with section 134(3)(a) of the Companies Act, 2013 and rules made there under, the
annual report is available on the Company's website www.Multipurposetrading.in and an extract of
the annual return in the prescribed format is also appended as Annexure -II to the Board's report.

Secretarial Standards

The Company has complied with applicable Secretarial Standards issued by the Institute of
Company Secretaries of India (ICSI).

Liquidity

We continue to be debt-free and maintain sufficient cash to meet our strategic objectives. We
understand that liquidity in the Balance Sheet has to balance between earning adequate returns
and the need to cover financial and business risks. Liquidity enables us to make a rapid shift in
direction, if there is a market demand. We believe that our working capital is sufficient to meet our
current requirements.

Deposits

The company had neither invited nor accepted any deposits from the public within the meaning of
the Companies (Acceptance of Deposits) Rules 2014.

Board diversity

The Company recognizes and embraces the importance of a diverse board in its success. We believe
that a truly diverse board will leverage differences in thought, perspective, knowledge, skill,
regional and industry experience, cultural and geographical background, age, ethnicity, race and
gender, which will help us retain our competitive advantage.

Board Evaluation

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, mandates that the
Board shall monitor and review the Board evaluation framework. The framework includes the
evaluation of directors on various parameters such as:

• Board dynamics and relationships

• Information flows

• Decision-making

• Relationship with stakeholders

• Company performance and strategy

• Tracking Board and Committee's effectiveness

• Peer evaluation

The Companies Act, 2013 states that a formal annual evaluation needs to be made by the Board of
its own performance and that of its committees and individual directors. Schedule IV of the
Companies Act, 2013 states that the performance evaluation of independent director shall be done
by the entire Board of Directors, excluding the director being evaluated.

The evaluation of all the directors and the Board as a whole was conducted based on the criteria
and framework adopted by the Board. The evaluation process has been explained in the Corporate
Governance report. The Board approved the evaluation results as collated by the nomination and
remuneration committee.

Familiarization program for independent directors

All independent directors inducted into the Board attend an orientation program. The details of
training and familiarization program are provided in the Corporate Governance report and is also
available on our website.

Listing Agreement

The Securities and Exchange Board of India (SEBI), on September 2, 2015 issued SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 with the aim to consolidate and
streamline the provisions of the Listing Agreement for different segments of capital markets top
ensure better enforceability. The Company has entered into the listing agreement with BSE
Limited.

Transfer of unclaimed dividend to Investor Education and Protection Fund

Since there was no unpaid/unclaimed Dividend declared and paid last year, the provisions of
Section 125 of the Companies Act, 2013 do not apply

Code of Conduct

The Board of Directors has laid down a Code of Conduct applicable to the Board of Directors and
Senior Management. All the Board Members and Senior Management personnel have affirmed
compliance with the code of conduct.

General

Your Directors state that no disclosure or reporting is required in respect of the following items as
there were no transactions on these items during the year under review:

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

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

• Issue of shares (including sweat equity shares) to employees of the Company under any
scheme save and except ESOS referred to in this Report.

• Neither the Managing Director nor the Whole-time Directors of the Company receive any
remuneration or commission from any of its subsidiaries.

• No significant or material orders were passed by the Regulators or Courts or Tribunals
which impact the going concern status and Company's operations in future.

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.

Acknowledgements

Your Directors wish to record their sincere gratitude for our valued Business associates,
shareholders, Bankers, regulatory and other stakeholders for the continuous co-operation, support
and assistance extended by them. We place on record our appreciation of the commitment,
dedication and hard work put in by employees of the Company. We also thank our members for the
continued support received from them.

By Order of the Board
For Multipurpose Trading and Agencies Ltd.

Place: New Delhi

Date: 30/05/2025 S/d

Ashish Singh
Chairman & Director
DIN:00066423
Add: B-1 Kalindi Colony, New Delhi-65