Your directors' take pleasure in presenting their Eleventh Annual Report on the Business and Operations of the
Company and the Accounts for the Financial Year ended 31^st March, 2026 (period under review).

1. FINANCIAL PERFORMANCE OF THE COMPANY:

The summary of Consolidated and Standalone Financial highlights for the Financial Year ended March 31,
2026 and previous Financial Year ended March 31, 2025 is given below:

Consolidated Financial Performance

Standalone Financial Performance

FINANCIAL PERFORMANCE:

Standalone:

The Total Income of the Company stood at Rs. 5,26,48,180/- for the year ended March 31, 2026 as against
Rs. 6,80,14,601/- in the previous year. The Company made a Net Profit of Rs. 1,07,00,124/- for the year
ended March 31, 2026 as compared to the Net Profit of Rs. 1,31,93,466/- in the previous year.

Consolidated:

The Consolidated Total Income was at Rs. 26,15,13,230/- for the financial year ended March 31, 2026 as
against Rs. 28,64,85,367/- during the previous financial year. Consolidated Net Profit was at Rs. 1,58,11,599/-
for the year ended March 31, 2026 as compared to Rs. 2,36,86,359/- in the previous year.

The Consolidated Financials reflect the cumulative performance of the Company together with its subsidiaries.
Detailed description about the business carried on by these entities including the Company is contained in the
Management Discussion and Analysis report forming part of this Annual Report.

2. DIVIDEND:

The Company is not required to formulate a Dividend Distribution Policy, as per SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 and to conserve resources, the Directors do not
recommend any dividend for the year ended March 31, 2026.

3. TRANSFER TO RESERVES

During the Financial Year 2025-26, 1,07,00,124/- was transferred from Profit & Loss A/c to reserves of
the Company.

4. STATE OF AFFAIRS OF THE COMPANY:

Standalone:

The Total Income of the Company stood at Rs. 5,26,48,180/- for the year ended March 31, 2026 as
against Rs. 6,80,14,601/- in the previous year. The Company made a Net Profit of Rs. 1,07,00,124/- for
the year ended March 31, 2026 as compared to the Net Profit of Rs. 1,31,93,466/- in the previous year.

Consolidated:

The Consolidated Total Income was at Rs. 26,15,13,230/- for the financial year ended March 31, 2026 as
against Rs. 28,64,85,367/- during the previous financial year. Consolidated Net Profit was at Rs.
1,58,11,599/- for the year ended March 31, 2026 as compared to Rs. 2,36,86,359/- in the previous year.

The Consolidated Financials reflect the cumulative performance of the Company together with its
subsidiaries. Detailed description about the business carried on by these entities including the Company is
contained in the Management Discussion and Analysis report forming part of this Annual Report.

The Company did not undergo any change in the nature of its business during FY 2025 - 26.

5. Share Capital

Capital Structure of the Company as on 31.03.2026 is as follows: -

The Authorized Share Capital of the Company is ^ 20,00,00,000 (Rupees Twenty Crore) divided into

20.00. 00.000 (Twenty Crore) Equity Shares of ^1/- each.

The Issued, subscribed and Paid up Share Capital of the Company is ^ 18,32,83,935/- (Eighteen Crores
Thirty-Two Lakhs Eighty Three Thousand Nine Hundred and Thirty Five) divided into 18,32,83,935
(Eighteen Crores Thirty Two Lakhs Eighty Three Thousand Nine Hundred and Thirty Five) Equity Shares
of ^ 1/- each.

During the year under review the Company has increased its Authorized Share Capital from Rs.

15.00. 00.000 (Rupees. Fifteen Crores only) to Rs. 20,00,00,000 (Rupee. Twenty Crores only) dated
August 31, 2025 and made Rights Issue of 3,42,72,605 (Three Crore Forty-Two Lakh Seventy-Two
Thousand Six Hundred Five) equity shares at an issue price of Rs.1.75 per equity share, aggregating to an
issue size of Rs. 5,99,77,059/-. The allotment of the aforesaid Rights Issue shares was completed on
February 24^th 2026, in accordance with the applicable provisions of the Companies Act, 2013, the
Securities and Exchange Board of India (SEBI) Regulations, and other applicable laws.

6. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Board of Directors comprises distinguished professionals of proven integrity and competence, who
provide strategic direction, guidance and leadership to the Company.

As on March 31, 2026, the Board of Directors of the Company comprised of eight Directors with an
optimum balance of Executive and Non-Executive Directors, including Women Directors. Of these, four
Directors were Non-Executive Directors, three of whom were Independent Directors.

The current Management of the Company is as follows:

(A) Appointment:

During the year, there were no changes in the composition of Directors and Key Managerial Personnel in the
Company:

(B) Cessation:

During the year, no Directors and Key Managerial Personnel resigned from the Company:

7. CHANGE IN NATURE OF BUSINESS

There was no change in the nature of business of your Company, during the Financial Year 2025-26.

8. MEETINGS:

Twelve meetings of the Board were held during the year under review. The necessary quorum was
present for all the meetings. The maximum interval between any two Board meetings did not exceed 120
days. For details of meetings and composition of the Board and Committees of the Board, please refer to
the Corporate Governance Report, which forms part of this Report.

9. AUDIT COMMITTEE:

The Audit Committee comprises of, Ms. Nilam Avinash Ghundiyal (Chairperson), Mr. Laxmikant Dasrao
Bhakre (Member), Mr. Vipul Dileep Lathi (Member) and Powers and role of the Audit Committee are
included in the Corporate Governance Report. All the recommendations made by the Audit Committee

were accepted by the Board of Directors.

During the year, there were changes in the composition of the Audit Committee. Mr. Krishna Shyam
Sunder Rathi resigned from the Audit Committee, resulting in a change in the designation of the
members of the Committee.

Accordingly, Ms. Nilam Avinash Ghundiyal was designated as the Chairperson of the Audit Committee,
and Mr. Laxmikant Dasrao Bhakare was appointed and designated as a Member of the Audit Committee
with effect from March 06, 2026.

10. NOMINATION AND REMUNERATION COMMITTEE:

The Nomination and Remuneration Committee comprises of, Mr. Laxmikant Dasrao Bhakare
(Chairperson), Mr. Vipul Dileep Lathi (Member) and Ms. Nilam Avinash Ghundiyal (Member). Powers and
role of the Nomination and Remuneration Committee are included in the Corporate Governance Report.

During the year, there were changes in the composition of Nomination and Remuneration Committee Mr.
Krishna Shyam Sunder Rathi who was the Chairperson of the Committee resigned from the committee
and Mr. Laxmikant Dasrao Bhakre was appointed as Chairperson of the Nomination and Remuneration
Committee on March 06, 2026.

11. STAKEHOLDERS RELATIONSHIP COMMITTEE:

The stakeholders Relationship Committee comprises of, Ms. Nilam Avinash Ghundiyal (Chairman), Mr.
Krishna Shyam Sunder Rathi (Member) and Mr. Vipul Dileep Lathi (Member). Powers and role of the
Stakeholders Relationship Committee are included in the Corporate Governance Report.

12. BOARD EVALUATION:

Your Board has devised an Evaluation Policy for evaluating the performance of the Board, its
Committees, Executive Directors, Independent Directors. Based on the same, the performance was
evaluated for the financial year ended March 31, 2026. As part of the evaluation process, the performance
of Non- Independent Directors, the Chairman and the Board was conducted by the Independent
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, time commitment and
relationship with the stakeholders, corporate governance practices, contribution of the committees to
the Board in discharging its functions etc.

The Board carried out formal annual evaluation of its own performance and that of its committees viz.,
the Audit Committee, Stakeholders' Relationship Committee (SRC), Nomination and Remuneration
Committee (NRC). The Board also carried out the performance evaluation of all the individual Directors
including the Chairman of the Company. Additionally, NRC also carried out the evaluation of the
performance of all the individual Directors and Chairman of the Company. The performance evaluation
was carried out by way of obtaining feedback from the Directors through a structured questionnaire
prepared in accordance with the policy adopted by the Board and after taking into consideration the
Guidance Note on Board Evaluation issued by Securities and Exchange Board of India.

The feedback received from the Directors through the above questionnaire was reviewed by the
Chairman of the Board and the Chairman of the NRC and then discussed the same at the meetings of the
Board and NRC respectively. The performance evaluation of the Chairman, Whole Time Director and the

Board as a whole was carried out by the Independent Directors at their separate meeting.

13. DECLARATION BY INDEPENDENT DIRECTORS:

All Independent Directors of the Company have given requisite declarations under Section 149(7) of the
Act, that they meet the criteria of independence as laid down under Section 149(6) of the Act along-with
Rules framed thereunder, Regulation 16(1)(b) of SEBI, LODR and have complied with the Code of Conduct
of the Company as applicable to the Board of Directors and Senior Managers.

In the opinion of the Board, the Independent Directors possess the requisite expertise and experience and
are persons of high integrity and repute. They fulfill the conditions specified in the Act as well as the
Rules made thereunder and are independent of the management.

14. SEPARATE MEETING OF INDEPENDENT DIRECTORS:

As stipulated by the Code of Independent Directors under the Companies Act 2013 a separate meeting
of the Independent Directors of the Company was held on Friday, 27^th March, 2026 to review the
performance of Non-Independent Directors (including the Chairman) and the entire Board. The
Independent Directors also reviewed the quality content and timeliness of the flow of information
between the Management and the Board and its Committees which is necessary to effectively and
reasonably perform and discharge their duties.

15. FAMILIARIZATION PROGRAM FOR INDEPENDENT DIRECTORS:

Every Independent Director is briefed about the history of the Company, its policies, customers,
Company's strategy, operations, organisation structure, human resources, technologies, facilities and
risk management. Projects/Site visits are also arranged for the Directors who wish to familiarize
themselves with the processes and operations of the Company.

The Independent Directors are briefed on their role, responsibilities, duties and are kept updated on the
various regulatory and legislative changes that may occur from time to time affecting the operations of
the Company. The Independent Directors are also briefed on the various policies of the Company like
the code of conduct for directors and senior management personnel, policy on related party
transactions, policy on material subsidiaries, whistle blower policy and corporate social responsibility
policy and other policies adopted by the Company. The details of familiarization programme conducted
for the independent directors is disclosed in the website of the Company at www.galacticocorp.com.

16. COMPANY POLICY ON DIRECTOR'S APPOINTMENT AND REMUNERATION:

The policy of the company on Director's appointment and remuneration including criteria for
determining qualification, positive attributes, independence of Director and other matters provided
under Sub - section (3) 178, is explained in the corporate governance report.

Company adopted Policy for insider trading uploaded on the website of the company at
https://galacticocorp.com/code-and-policies/

17. EXTRACT OF ANNUAL RETURN:

As required pursuant to Section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies
(Management and Administration) Rules, 2014, an extract of Annual Return in MGT-9 is displayed on
website of Company www.galacticocorp.com.REMUNERATION POLICY:

The Company has framed a Nomination and Remuneration Policy pursuant to Section 178 of the
Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The Policy is displayed on website of Company
www.galacticocorp.com.

18. AUDITORS:i. Statutory Auditors:

At the 09^th AGM held on September 27, 2024, the Members approved the appointment of M/s. S.
H. Dama & Associates (Chartered Accountants) FRN: 125932W as Statutory Auditors of the
Company to hold office for a period of five years from the conclusion of 09^th AGM till the conclusion
of the 14^th AGM to be held in the year 2029.

ii. Secretarial Auditor:

During the year under review, the Members approved the appointment of Akshay R. Birla and
Associates, Company Secretaries in Practice (CP No.25084), as the Secretarial Auditors of the
Company, to hold office for a term of five consecutive years up to FY 2030. The Secretarial Audit
Report for F.Y. 2025-26 is annexed herewith as "Annexure III".

iii. Cost Auditor:

Your Company is principally engaged into Merchant Banking. Therefore, the provisions of Section 148
of the Companies Act, 2013 are not applicable to the Company.

iv. Internal Auditor:

Pursuant to Section 138 of the Companies Act 2013 read with the Companies (Accounts) Rules
2014(as amended) the Board of Directors on the recommendations of the Audit Committee of the
Company has appointed M/s BKSK & Associates, Chartered Accountants, as an internal Auditor of the
company for FY 2025-26.

The Internal Audit Finding/s and Report/s submitted by the said Internal Auditors during the financial
year to the Audit Committee and Board of Directors of the Company do not contain any adverse
remarks and qualifications hence do not call for any further explanation/s by the Company.

19. AUDITOR'S REPORT:

The Auditor's Report does not contain any qualifications, reservations or adverse remarks.
Secretarial Audit report, i.e., Form No. MR-3 is attached to this Report as Annexure III.

During the year under review, the Statutory Auditors and Secretarial Auditors of the Company have not
reported any fraud to the Audit Committee committed by its officers or employees as specified under
Section 143(12) of the Act.

20. VIGIL MECHANISM:

The Company has a Whistle Blower Policy and has established the necessary vigil mechanism for
Employees, Directors and Stakeholders in conformation with the provisions of Section 177(9) of the Act
and Regulation 22 of SEBI Listing Regulations, to report genuine concerns about unethical behaviour and
to ensure strict compliance with ethical and legal standards across the Company. The Vigil Mechanism
Policy has been uploaded on the website of the Company www.galacticocorp.com.

21. INTERNAL AUDIT & CONTROLS:

Pursuant to provisions of Section 138 read with rules made there under, the Board has appointed M/S.
BKSK and Associates, Chartered Accountants, as an Internal Auditors of the Company to check the
internal controls and functioning of the activities and recommend ways of improvement. The Internal
Audit is carried out quarterly basis; the report is placed in the Audit Committee Meeting and the Board
Meeting for their consideration and direction.

The Internal Financial Controls with reference to financial statements as designed and implemented by
the Company are adequate. During the year under review, no material or serious observation has been
received from the Internal Auditors of the Company for inefficiency or inadequacy of such controls.

22. COST RECORDS:

The Company was not required to maintain Cost Records, hence the provisions of Section 148 of the
Companies Act, 2013 are not applicable to the Company.

23. RISK ASSESSMENT AND MANAGEMENT:

The Board of Directors of the Company has a Risk Management Committee to frame, implement and
monitor the risk management plan for the Company. The Committee is responsible for monitoring and
reviewing the risk management plan and ensuring its effectiveness. The Audit Committee has additional
oversight in the area of financial risks and controls. The major risks identified by the businesses and
functions are systematically addressed through mitigating actions on a continuing basis. Your Company
has a Risk Management Policy which is displayed on the website www.galacticocorp.com.

24. POLICY ON PRESERVATION OF THE DOCUMENTS:

The Company has formulated a Policy pursuant to Regulation 9 of the Securities Exchange Board of India
(Listing obligations and Disclosure Requirements) Regulations, 2015 ("Regulations") on Preservation of
the Documents to ensure safekeeping of the records and safeguard the Documents from getting
manhandled, while at the same time avoiding superfluous inventory of Documents. The Policy can be
accessed at the web-link: https://galacticocorp.com/code-and-policies/

25. POLICY ON CRITERIA FOR DETERMINING MATERIALITY OF EVENTS:

The Policy is framed in accordance with the requirements of the Regulation 30 of Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations). The
objective of the Policy is to determine materiality of events or information of the Company and to ensure
that such information is adequately disseminated in pursuance with the Regulations and to provide an
overall governance framework for such determination of materiality. The Policy can be accessed at the
web-link: https://galacticocorp.com/code-and-policies/

26. LISTING WITH STOCK EXCHANGES:

Galactico Corporate Services Limited" continues to be listed on BSE Limited. On April 7, 2022 Company
migrated to Main Board from SME Platform of BSE. It has paid the Annual Listing Fees for the year 2025¬
26 to BSE Limited.

27. SUBSIDIARY COMPANIES /ASSOCIATE/JOINT VENTURE:

As on March 31, 2026, your Company had the following subsidiaries:

Instant Finserve Private Limited ("IFPL")

Seven Hills Beverages Limited ("SHBL")

Palwe Pest Control Private Limited ("PPCPL")

The Company incorporated Galactico Visionary Consulting Limited as a Wholly Owned Subsidiary on
April 16, 2025 and divested its entire investment therein during FY 2025-26, pursuant to which it ceased
to be a subsidiary of the Company.

During FY 2025-26, Instant Finserve Private Limited, a subsidiary of the Company, divested its entire
29.32% shareholding in Ronak Global Trade, a company incorporated in Burkina Faso, pursuant to which
it ceased to have any investment therein.

The Consolidated Financial Statements for the year ended March 31, 2026 include IFPL, SHBL and its
step-down subsidiary, PPCPL, in accordance with Ind AS 110 - Consolidated Financial Statements.

Subsequent to the year-end, in June 2026, the Company sold its 73.72% shareholding in SHBL pursuant
to the Share Purchase Agreement ("SPA") dated June 13, 2026 with Mr. Ronak Shah. However, pursuant
to the terms of the SPA, the Company continues to have the right to appoint and control 75% of the
Board of Directors of SHBL and to direct and control its operational, financial and business decisions for
a period of one year from the date of the SPA. Accordingly, notwithstanding the sale of its shareholding,
the Company continues to exercise control over SHBL within the meaning of Ind AS 110 and,
consequently, SHBL continues to be a subsidiary of the Company and PPCPL continues to be its step-
down subsidiary for the period during which such control exists.

The requisite disclosures relating to subsidiaries in Form AOC-1 are annexed to the financial statements
as "Annexure I."

28. COMPLIANCE WITH SECRETARIAL STANDARDS:

The Company is fully compliant with the applicable Secretarial Standards (SS) viz. SS-1 & SS-2 on
Meetings of the Board of Directors and General Meetings respectively.

29. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND
OUTGO:Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo:A. CONSERVATION OF ENERGY:

Particulars of Conservation of Energy are not given as the Company is not covered by the Schedule
of Industries which requires furnishing of information in Form A of total consumption of energy &
per unit of consumption.

a) Steps taken or impact on conservation of energy: NIL

b) The Step taken by the Company for utilizing alternate sources of energy: NIL

c) The Capital investment on energy conservation equipment: NIL

B. TECHNOLOGY ABSORPTION: NILC. FOREIGN EXCHANGE EARNINGS AND OUTGO:

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

30. MATERNITY BENEFIT AFFIRMATIONS:

The Directors hereby confirm that the Company is in full compliance with the provisions of the Maternity
Benefit Act, 1961 and affirm that

i. the Company provides maternity leave in accordance with the requirements of the Act;

ii. all necessary facilities and entitlements mandated by the law are extended to women
employees;

iii. no discriminatory practices are adopted against women employees on account of
maternity or child birth

31. PARTICULARS OF LOANS, INVESTMENTS AND GUARANTEES:

Particulars of loans given, investments made, guarantees given under Section 186 of the Companies Act,
2013 are provided in the financial statements of the Company.

32. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES:

All contracts / arrangements / transactions with related parties referred to under Section 188 of the
Companies Act, 2013 entered by the Company during the financial year were in the ordinary course of
business and on an arm's length basis and details has been disclosed in AOC - 2 attached herewith. All
related party transactions are placed before the Audit Committee and Board for review and approval, if
required. The details of the related party transactions as required under are set out in Notes to the
financial statements forming part of this Annual Report. Annexure II

33. PREVENTION OF INSIDER TRADING:

In view of the SEBI (Prohibition of Insider Trading) Regulation 2015 the Company has adopted a Code of
Conduct for Prevention of Insider Trading with a view to regulate trading in securities by the Directors
and designated employees of the Company.

The objective of this Code is to protect the interest of shareholders at large, to prevent misuse of any
price sensitive information and to prevent any insider trading activity by dealing in shares of the Company
by its Directors, designated employees and other employees. The Company also adopts the concept of
Trading Window Closure, to prevent its Directors, Officers, designated employees and other employees
from trading in the securities of Galactico Corporate Services Limited at the time when there is
unpublished price sensitive information.

34. CREDIT & GUARANTEE FACILITIES:

The Company has been availing secured loans, overdraft facilities and bank guarantee facilities from HDFC
Bank Limited, from time to time for the business requirements.

35. INVESTORS EDUCATION AND PROTECTION FUND:

During the financial year 2025-26 ended 31^st March 2026 under review there were no amount/s which is

required to be transferred to the Investor Education and Protection Fund by the Company. As such no
specific details are required to be given or provided.

36. DEPOSITS:

The Company has not accepted any deposits from public and as such, no amount on account of principal
or interest on deposits from public was outstanding as on the date of the balance sheet. Accordingly,
disclosing the details of deposits which are not in compliance with the requirements of Chapter V of the
Act is not applicable.

37. MATERIAL CHANGES AND COMMITMENTS

There were material changes affecting the financial position of the Company, after the close of the FY
2025- 26 till the date of this Report.

The Company incorporated "Galactico Visionary Consulting Limited" as its wholly owned subsidiary dated
April 16, 2025.

During the Financial Year 2025-2026, based on the recommendation of the Audit Committee and
pursuant to the approval of the shareholders, the Company divested 73.77% of its investment in the
equity share capital of Seven Hills Beverages Limited. Consequently, Seven Hills Beverages Limited ceased
to be a subsidiary of Galactico Corporate Services Limited. Further, as "Seven Hills Beverages Limited"
ceased to be a subsidiary of the Company, "Palwe Pest Control Private Limited", being a subsidiary of
"Seven Hills Beverages Limited", also ceased to be a step-down subsidiary of "Galactico Corporate
Services Limited". The Company continues to hold the balance equity shares in "Seven Hills Beverages
Limited"; however, upon the aforesaid divestment, it ceased to exercise control over Seven Hills
Beverages Limited, and accordingly, Seven Hills Beverages Limited is no longer classified as a subsidiary
of the Company.

Further, during the Financial Year 2025-2026, the Company divested its entire investment in the equity
share capital of "Galactico Visionary Consulting Limited". Consequently, upon such divestment, the
Company ceased to exercise control over "Galactico Visionary Consulting Limited", and accordingly,
"Galactico Visionary Consulting Limited" ceased to be a subsidiary of "Galactico Corporate Services
Limited.

38. SIGNIFICANT AND MATERIAL ORDERS:

There are no significant and material orders passed by the Regulators or Courts or Tribunals impacting
the going concern status and Company's operations in future.

39. OBLIGATION OF COMPANY UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE
(PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:

In accordance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act, 2013 and rules made there under, the Company has framed and adopted the policy for
Prevention of Sexual Harassment at Workplace and the same is displayed on the website of the Company
www.galacticocorp.com. Company was not in receipt of any complaint of sexual harassment.

40. ENHANCING SHAREHOLDERS VALUE:

Your Company believes that, its members are among its most important stakeholders. Accordingly, your
Company's operations are committed to the pursuit of achieving high levels of operating performance
and cost competitiveness, consolidating and building or growth, enhancing the productive asset and
resource base and nurturing overall corporate reputation.

Your Company is also committed to creating value for its other stakeholders by ensuring that its
corporate actions positively impact the socioeconomic and environmental dimensions and contribute to
sustainable growth and development.

41. HUMAN RESOURCES:

Your Company considers people as its biggest assets and 'Believing in People' is at the heart of its human
resource strategy. It has put concerted efforts in talent management and succession planning practices,
strong performance management and learning and training initiatives to ensure that your Company
consistently develops inspiring, strong and credible leadership.

42. CORPORATE GOVERNANCE:

As per Regulation 34 (3) read with Schedule V of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, the report on Corporate Governance during the period under review
with the Certificate issued by M/s. Akshay R. Birla and Associates, Practicing Company Secretaries, on
compliance in this regard forms part of this Annual Report and a certificate regarding compliance with the
conditions of Corporate Governance are appended to the Annual Report as Annexure IV.

43. DETAILS OF PENALTY PAID IF ANY:

No Penalty was imposed by the Stock Exchange during the F.Y. 2025-2026.

44. CORPORATE SOCIAL RESPONSIBILITY:

The Company was not required to constitute a Corporate Social Responsibility (CSR) Committee and
spend funds for CSR activities, hence the provisions of Section 135(5) of the Companies Act, 2013 are
not applicable to the Company.

45. DIRECTORS' RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013, the Board of Directors, to the best of their knowledge
and ability, confirm that:

i. In the preparation of the annual accounts, the applicable accounting standards have been
followed and there are no material departures.

ii. They have 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 of the Company for that
period.

iii. They have taken proper and sufficient care 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.

iv. They have prepared the annual accounts on a going concern basis.

v. They have laid down internal financial controls to be followed by the Company and such internal
financial controls are adequate and operating effectively.

vi. They have devised proper systems to ensure compliance with the provisions of all applicable laws
and that such systems were adequate and operating effectively.

Based 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 2025-26.

46. CAUTIONARY STATEMENTS:

Statements in this Annual Report, particularly those which relate to Management Discussion and Analysis
as explained in the Corporate Governance Report, describing the Company's objectives, projections,
estimates and expectations may constitute 'forward looking statements' within the meaning of
applicable laws and regulations. Actual results might differ materially from those either expressed or
implied in the statement depending on the circumstances.

47. THE DETAILS OF APPLICATION MADE OR PROCEEDING PENDING UNDER THE INSOLVENCY
AND BANKRUPTCY CODE, 2016 (31 OF 2016):

During the financial year under review, there were no proceedings initiated/ pending against the
Company under the Insolvency and Bankruptcy Code, 2016.

48. THE DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE TIME
SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL
INSTITUTIONS ALONG WITH THE REASONS THEREOF:

During the financial year under, no such event has been occurred. Hence, the disclosure relating to the
same is not applicable to the Company.

49. APPOINTMENT OF DESIGNATED PERSON (MANAGEMENT AND ADMINISTRATION) RULES 2014 - RULE 9
OF 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 compliance
with statutory obligations.

The company has proposed and appointed a Designated person in a Board meeting and the same has
been reported in Annual Return of the company.

50. AUDIT TRAIL APPLICABILITY (AUDIT AND AUDITORS) RULES 2014 - RULE 11 OF THE COMPANIES ACT
2013:

The Company has used accounting software for maintaining its books of account for the financial year
ended March 31, 2026 which has a feature of recording audit trail (edit log) facility and the same has
operated throughout the year for all relevant transactions recorded in the softwares.

51. IND AS Standards:

The Audited Financial Statements for the financial year ended March 31, 2026, have been prepared in
accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind-AS) prescribed under
Section 133 of the Companies Act, 2013 (hereinafter referred to as "Act") and other recognized
accounting practices and policies to the extent applicable.

The estimates and judgements relating to the Financial Statements are made on a prudent basis, so as to
reflect in a true and fair manner, the form and substance of transactions and reasonably present the
Company's state of affairs, profits and cash flows for the financial year ended March 31, 2026. The Notes
to the Financial Statements adequately cover the Standalone and Consolidated Audited Statements and
form an integral part of this Report.

52. APPRECIATIONS AND ACKNOWLEDGEMENTS

The Directors place on record their appreciation for the assistance, help and guidance provided to the
Company by the Bankers, Financial Institution(s).The Directors also place on record their gratitude to
employees and shareholders of the Company for their continued support and confidence reposed in the
management of the Company.

53. ACKNOWLEDGEMENTS:

Your Directors would like to express deep sense of appreciation for the assistance and co-operation
received from the Financial Institutions, Banks, Government Authorities and Shareholders and for the
devoted service by the Executives, staff and workers of the Company. The Directors express their
gratitude towards each one of them.

For & on behalf of the Board of Directors of
Galactico Corporate Services Limited

Place: Nashik
Date: August 14, 2026

Sd/- Sd/-

Vipul Dileep Lathi Sandeep Balasaheb Palwe

Director and CFO Director

DIN:05173313 DIN: 06393282