The Board of Directors is pleased to present the Annual Report along with the Audited Financial Statements (Consolidated and
Standalone) of the company for the financial year ended March 31, 2025 (FY25).

1. FINANCIAL RESULTS

T he summarized standalone and consolidated financial results of the Company for the financial year ended March 31, 2025
as compared to the previous year are as under:

2. COMPANY PERFORMANCE & HIGHLIGHTS

Consolidated Performance

A. Total Revenue (including other income) for the
FY'25 stood at of ? 14,946.94 Lacs, compared to ?
12,365.45 Lacs in FY'24, a YoY growth of 20.88%.

B. EBITDA stood at ? 4,014.80 Lacs, compared to ?

2.720.61 Lacs in FY'24, a YoY growth of 47.57%.

C. T rofit After Tax for the FY'25 stood at ? 3,015.44
Lacs, compared to ? 1,968.56 Lacs in FY'24, a YoY
growth of 53.18 %.

Standalone Performance

A. Total Revenue (including other income) for the
FY'25 stood at of ? 11,960.15 Lacs, compared to ?

9.782.61 Lacs in FY'24, a YoY growth of 22.26%.

B. EBITDA stood at ? 3,174.67 Lacs, compared to ?
2,217.95 Lacs in FY'24, a YoY growth of 43.14%.

C. Trofit After Tax for the FY'25 stood at ? 2,328.56
Lacs, compared to ? 1,573.48 Lacs in FY'24, a YoY
growth of 47.99%.

3. ANNUAL RETURN AS PROVIDED UNDER
SECTION 92

T ursuant to Section 92 and Section 134(3)(a) of
the Companies Act, 2013, read with Rule 12 of the
Companies (Management and Administration) Rules,
2014, the Annual Return for the Financial Year 2024-25
is available on the website of the Company at the web
link https://www.alletec.com/investors-alletec.

4. DIVIDEND

T ased on the company's performance, the Board
of Directors has proposed and recommended final
dividend of ? 1.50/- per Equity Share of face value of
? 10/- each (i.e. 15% on the face value of Equity Share) for
the financial year 2024-25. The company has a Dividend
Distribution Policy and adheres to its guidelines.

5. CHANGE IN THE NATURE OF BUSINESS, IF
ANY

T here have been no material changes in the nature of
business of the company during the financial year.

6. BUSINESS TRANSFER

T here is no transfer of business during the period under
review.

7. SUBSIDIARIES

T he Company has following subsidiary companies - All
E Consulting Private Limited, Alletec Retail Solutions
Private Limited, All e Technologies GmbH, Alletec PTY.
Ltd., Alletec USA INC., Alletec PTE Ltd., Alletec ARC
Ltd., Alletec Canada Inc. In addition, a new subsidiary
company is incorporated in Dubai under the name
ALLETEC ME - FZCO.

The Board of Directors (the Board) reviewed the affairs
of the subsidiaries. In accordance with Section 129(3)
of the Companies Act, 2013, the Company has prepared
consolidated financial statements of the Company and
all its subsidiaries, which form part of the Annual Report.
Further, a statement containing the salient features of the
financial statements of our subsidiaries in the prescribed
format AOC-1 is appended as Annexure-A to the Board's
report.

8. RESERVES

During the period under review the company did not
transfer any amounts to reserves.

9. SHARE CAPITAL

There is a no change in the Issued Capital and paid-up
Capital as on March 31, 2025.

There was no change in the Authorized Share Capital
of the Company as on March 31, 2025. It stood at
?21,00,00,000/- divided into 2,10,00,000 Equity Shares
of INR 10/- each.

10. MATERIAL CHANGES AND
COMMITMENTS, IF ANY, AFFECTING THE
FINANCIAL POSITION OF THE COMPANY

There are no material changes and commitments
affecting the financial position of your Company which
has occurred between the end of the financial year of the
Company i.e., March 31, 2025 and the date of Directors'
Report.

11. LISTING AT THE NSE EMERGE PLATFORM

T he equity shares of the company are listed on Emerge
Platform of National Stock Exchange of India Limited
w.e.f. December 21, 2022.

T nnual listing fees for the year 2023-24, 2024-25 and
2025-26 have been paid by the Company to NSE Limited
where the shares of the Company are listed.

12. MANAGEMENT'S DISCUSSION AND
ANALYSIS REPORT

I n terms of the provisions of Regulation 34 of the SEBI
(Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations”), the

Management's Discussion and Analysis Report is
presented in a separate section of Annual Report.

13. DIRECTOR'S RESPONSIBILITY
STATEMENT

T ursuant to Section 134(5) of the Companies Act, 2013,
the board of directors, to the best of their knowledge and
belief confirm that:

a. I n the preparation of the annual financial statements
for the year ended March 31, 2025, the applicable
accounting standards read with requirements
set out under Schedule III to the Act, have been
followed and there are no material departures from
the same.

b. T uch accounting policies as mentioned in the
Financial Statements as 'Significant Accounting
Policies' have been selected and applied
consistently and judgements and estimates have
been made that are reasonable and prudent so as
to give a true and fair view of the state of affairs
of the company as at March 31, 2025 and of the
profit of the Company for the year ended on that
date. Proper and sufficient care has been taken
for the maintenance of adequate accounting
records in accordance with the provisions of the
Act for safeguarding the assets of the Company
and for preventing and detecting fraud and other
irregularities.

c. A nnual Financial Statements have been prepared
on a 'going concern' basis.

d. T roper systems were in place to ensure compliance
with the provisions of all applicable laws. Such
systems were adequate and operating effectively.

14. I NTERNAL FINANCIAL CONTROLS AND
THEIR ADEQUACY

B ased on the framework of internal financial controls
and compliance systems established and maintained by
the Company, work performed by the internal, statutory
and secretarial auditors and external consultants, and
the reviews performed by management and the relevant
board committees including the audit committee, the
board is of the opinion that the Company's internal
financial controls were adequate and effective during
the financial year 2024-25.

15. HUMAN RESOURCES

Tour Company is committed towards creation of
opportunities for its employees that help attract, retain
and develop a diverse workforce. Your Company lays
due importance to the need of ensuring conducive work
culture for its employees. To reinforce core values and

beliefs of the Company various policies/ practices for employees' empowerment have been framed to enrich their
professional, personal and social life. In addition to above, Company has also laid down Code of Conduct for Directors
and Senior Management Personnel and Whistle Blower Policy.

16. DIRECTORS AND KEY MANAGERIAL PERSONNEL

T he following Directors, Independent & Non-Independent, serve on the Board of the company. In compliance with the
provisions of Sections 149, 152 read with Schedule IV and all other applicable provisions of the Companies Act, 2013 and
the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re¬
enactment thereof for the time being in force) and SEBI (LODR) Regulation 2015, the composition of Board of Directors
and Key Managerial Personnel are as follows: -

T one of the Directors of the Company, except the following, are related inter-se, in terms of Section 2(77) of the Act including
rules made thereunder:

17. AUDIT COMMITTEE

T he Company has constituted an Audit Committee of the Board in compliance with Section 177 of the Companies Act,
2013. The Audit Committee consists of the following directors:

During the year under review, all the recommendations made by the Committee have been accepted by the Company.

18. NOMINATION AND REMUNERATION COMMITTEE

T he Company has constituted a Nomination and Remuneration Committee of the Board in compliance with Section 178
of the Companies Act, 2013. The Nomination and Remuneration Committee consists of the following directors:

During the year under review, all the recommendations made by the Committee have been accepted by the Company.

19. STAKEHOLDERS' RELATIONSHIP COMMITTEE

T he Company has constituted the Stakeholders' Relationship Committee of the Board in compliance with Section 178 of
the Companies Act, 2013. The Stakeholders' Relationship Committee consists of the following directors:

During the year under review, all the recommendations made by the Committee has been accepted by the Company.

20. FAMILIARIZATION PROGRAMME FOR
INDEPENDENT DIRECTORS

I n Compliance of SEBI (LODR) Regulation 2015, Company
has in place a familiarization policy for Independent
Directors of the Company upon their appointment/ re¬
appointment for familiarizing them with their roles, rights,
responsibilities in the Company, nature of the industry
in which the Company operates, business model of
the Company, etc. The details of such familiarization
programme for Independent Directors are posted on
the website of the Company and can be accessed at
https://www.alletec.com/investors-alletec

21. DISQUALIFICATION OF DIRECTORS

T ursuant to Section 164 of the Companies Act, 2013,
none of the Directors incurred any disqualification on
account of non-compliance with any of the provisions
of the Act.

22. MEETING OF THE BOARD OF DIRECTORS

T he Board of Directors of the Company met five (5)
times during the year. The intervening gap between
the meetings was within the period prescribed under
the Companies Act, 2013. The Company has complied
with the provisions of Secretarial Standard 1 (relating to
meetings of the Board of Directors).

23. DECLARATION BY INDEPENDENT
DIRECTORS

The Company has received the necessary declaration
from both independent directors under section 149(7) of
the Companies Act, 2013 that he/she meets the criteria
of independence laid down in Section 149(6) of the
Companies Act, 2013.

24. BOARD EVALUATION

The Board of Directors has carried out an annual
evaluation of its own performance, board committees,
and individual directors pursuant to the provisions of the
Act and SEBI Listing Regulations. The performance of the
board was evaluated by the board after seeking inputs
from all the Directors and on the basis of criteria such
as the board composition and structure, effectiveness
of board processes, information and functioning.

25. NOMINATION AND REMUNERATION
POLICY

T he Company's policy on director's appointment and
remuneration and other matters provided in Section
178(3) of the Act is available on https://www.alletec.
com/investors-alletec/.

26. AUDITOR AND AUDITOR'S REPORT

Statutory Auditors

T he Auditors M/s Suresh & Associates (Firm Registration
No. 003316N) who holds office until till the conclusion
of the 29^th AGM of the Company to be held in the year
2029. There is no qualification, reservation or adverse
remark or disclaimer made in the Auditor's Report, it
is enclosed with financial statements in this Annual
Report for your kind perusal and information. No fraud
has been reported by the Auditors during the fiscal year
2024-25.

Internal Auditors

The Board of Directors on the recommendations of the
Audit Committee has appointed M/s. Nath Ahuja & Co.
Chartered Accountants as the Internal Auditors of the
Company for the Financial Year 2025-26.

27. BOARD'S COMMENTS ON THE AUDITORS'
REPORT

T he observations of the Statutory Auditors, when read
together with the relevant notes to the accounts and
accounting policies, are self-explanatory and do not call
for any further comments.

28. SECRETARIAL AUDITOR'S REPORT

T he Board has appointed M/s. Bharti Kashyap and
Associates, Practicing Company Secretary, to conduct
Secretarial Audit for the financial year 2024-25. The
Secretarial Audit Report for the financial year ended
March 31, 2025 is annexed herewith marked as Annexure
- B to this Report. The Secretarial Audit Report does not
contain any qualification, reservation or adverse remark.

T OMPLIANCE WITH SECRETARIAL STANDARDS -
The Company complies with all applicable secretarial
standards issued by the Institute of Company Secretaries
of India.

29. PARTICULARS OF LOANS, GUARANTEES
OR INVESTMENTS

Tarticulars of loans given, investments made, guarantees
given and securities provided along with the purpose for
which the loan or guarantee or security is proposed to
be utilized by the recipient are provided in the Financial
Statements.

30. RELATED PARTY TRANSACTIONS

T ll the transactions, contracts or arrangements made
with related parties (as defined under Section 188 of the
Companies Act, 2013) are separately mentioned in the
financials of the Company.

T rior omnibus approvals are granted by the Audit
Committee for related party transactions which are
of repetitive nature, entered in the ordinary course of
business and on arm's length basis in accordance with
the provisions of Companies Act, 2013 read with the
Rules issued thereunder and the Listing Regulations.

T he Form AOC - 2 pursuant to Section 134 (3) (h) of
the Companies Act, 2013 read with Rule 8(2) of the
Companies (Accounts) Rules, 2014 is set out in Annexure
C to this report.

31. PUBLIC DEPOSITS

The Company has neither accepted nor invited any
deposits from the public during the year. There are no
outstanding deposits of earlier years within the meaning
of Section 73 of the Companies Act, 2013.

F urther, your company has filed form DPT-3 for the
Annual compliance as at March 31, 2025 for the amount
received by the company which is not considered as
deposit under the purview of section 73 of the Companies
Act, 2013 read with Companies (Acceptance of Deposit)
rules, 2014 as amended from time to time.

32. CONSERVATION OF ENERGY,

TECHNOLOGY ABSORPTION

T articulars required to be furnished pursuant to Rule
8(3) of the Companies (Accounts) Rules, 2014, read with
Section 134 of the Companies Act, 2013:

a. Conservation of Energy

T he Company is making all possible efforts for
conservation of energy. The Company strived to achieve
maximum benefit with energy resources available with
the Company. Resorting to Work From Home/ Hybrid
model has significantly reduced energy consumption at
office.

b. Technology Absorption

T he technical personnel are being imparted training
by the experts/consultants in various disciplines for
improving the overall efficiency. Majority of the internal
systems have been shifted to cloud.

c. Foreign Exchange Earnings and Outgo

T he Foreign Exchange earned in terms of actual inflows
during the year and the Foreign Exchange outgo during
the year in terms of actual outflows is as under:

33. CORPORATE SOCIAL RESPONSIBILITY

T he Company's CSR Policy and CSR activities
undertaken during the financial year ended March 31,
2025 are available on the website of the Company at
https://www.alletec.com/investors-alletec. These are in
accordance with Section 135 of the Companies Act, 2013
and Companies (Corporate Social Responsibility Policy)
Rules, 2014 (including any statutory modification(s) or
re-enactment(s) thereof for the time being in force) is
set out in the Annexure - D to this report.

34. PERFORMANCE OF SUBSIDIARIES,
ASSOCIATE COMPANIES AND JOINT
VENTURES

P ursuant to Section 129(3) of the Companies Act, 2013
a statement containing salient features of the financial
statements of the Company's subsidiaries in Form AOC-
1 is annexed herewith as Annexure - A.

35. PARTICULAR OF EMPLOYEES

P he information required under section 197(12) of
the Companies Act, 2013 read with Rule 5(1) and 5(2)
of the Companies (Appointment & remuneration of
Management Personnel) Rules, 2014, as amended, is
mentioned in the Annexure - E.

36. VIGIL MECHANISM/WHISTLE BLOWER
POLICY

P he Company has formulated and published a Whistle
Blower Policy to provide Vigil Mechanism for employees
including Directors of the Company to report genuine
concerns.

The provisions of this policy are in line with the
provisions of the Section 177(9) of the Act; the whistle
blowing Policy is available on the company's website at
https://www.alletec.com/investors-alletec.

37. SEXUAL HARASSMENT OF WOMEN AT
WORKPLACE (PREVENTION, PROHIBITION
AND REDRESSAL) ACT, 2013

The Company has zero tolerance for sexual harassment
at workplace. Company has adopted a policy on
Prevention, Prohibition and Redressal of Sexual
Harassment at workplace in line with the provisions
of the Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 2013 and the
Rules there under. The policy aims to provide protection
to employees at the workplace and prevent and redress
complaints of sexual harassment and for matters
connected or incidental thereto, with the objective of
providing a safe working environment, where employees
feel secure. The Company has also constituted an
Internal Complaints Committee, known as the Prevention
of Sexual Harassment (POSH) Committee, to inquire
into complaints of sexual harassment and recommend
appropriate action.

The following is a summary of sexual harassment
complaints received and disposed off during the year
2024-25:

38. INVESTOR EDUCATION AND PROTECTION
FUND (IEPF)

P here is no amount which is required to be transferred
to the Investor Education and Protection Fund as per the
provisions of Section 125(2) of the Act.

39. SIGNIFICANT & MATERIAL ORDERS

P here are no significant and material orders passed
by the regulators or courts or tribunals during the year
impacting the going concern status and Company's
operations in future.

40. SAFETY, HEALTH AND ENVIRONMENTAL
PERFORMANCE

Pour Company's commitment towards safety, health
and environment is being continuously enhanced and
persons working at all locations, if any, are given adequate
training on safety and health. The requirements relating
to various environmental legislations and environment
protection have been duly complied with by your
Company.

41. SUSTAINABILITY

Pour Company continues with its journey on sustainable
development with conscious efforts to minimize the
environmental impact caused by its operations. Besides
making every effort to eliminate the wastage of electricity
and water at the office, maintenance of a green patch
along with plantation of trees around office are some
of our current efforts. These efforts will intensify in the
coming times, while still keeping focus on the financial
performance of the company.

42. ACKNOWLEDGEMENTS

The Board wishes to express sincere appreciation and
gratitude to Alletecians - who are the real embodiment
of Company's mission, vision and Core values - for all
the efforts and contributions made for the growth of
our organization. The Board also wishes to express
gratitude to all our customers who reposed trust in us
and strengthen the foundation for our growth.

M icrosoft and numerous people playing diverse roles
in the operations of Microsoft across geographies in
India and internationally are our constant partners in
this journey. Our sincere thanks for all your support and
partnership.

M ur investors are now a vital partner to our journey of
growth. Our sincere thanks for the confidence you have
expressed in the company and its management.

We are grateful for all the cooperation and support
received from various Departments of Central and
State governments, Tax Authorities, Banks, Ministry of
Corporate Affairs, Securities and Exchange Board of
India (SEBI), The National Stock Exchange of India Ltd.
(NSE), and our vendors. You helped make our journey
simple. We look forward to your continued support in
the years to come.

For All e Technologies Limited

Ajay Mian Suman Mian

Date: 29.08.2025 (Managing Director) (Director)

Place: Noida DIN No. 00170270 DIN No. 00170357