Your directors have pleasure in presenting the 30^th Annual Report on the business and operation of the
Company together with Audited Financial Statements for the year ended on 31^st March, 2025.

1. FINANCIAL RESULTS:

2. REVIEW OF PERFORMANCE

During the financial year under review, the Company has not generated any revenue from operations as
compared to ^6.65 lakhs earned in the previous financial year. However, the Company has earned other income
of ^8.33 lakhs during the year under review, as against ^15.25 lakhs in the previous year.

The decline in total income is primarily attributable to the absence of operational revenues and a reduction in
other income. The management is actively evaluating various strategic and operational measures to enhance the
Company's performance in the coming periods.

3. DIVIDEND

In view of the loss incurred during the financial year ended March 31, 2025, and with a view to conserve
resources, the Board of Directors has not recommended any dividend for the year under review. The Board
believes this approach is prudent to support the long-term financial stability and future business opportunities
of the Company.

4. SHARE CAPITAL

As on 31^st of March, 2025 the authorised Capital of the Company is Rs.7,00,00,000 divided into 70,00,000 equity
shares of Rs.10.00 each and the paid-up and subscribed capital stands at Rs.4,14,53,000 divided into 41,45,300
equity shares of Rs.10.00 each.

During the year under review, the Company has not issued any shares with differential voting rights nor granted
stock options nor sweat equity. As on 31st March 2025, the company has not issued any convertible instruments
and none of the Directors of the Company hold convertible instruments of the Company.

5. ANNUAL RETURN

In accordance with the Companies Act, 2013, the annual return in the prescribed format is available at
www.naturahuechem.com.

6. NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS

The Board of Directors met eight (8) times during the year under review. Proper notices of the meeting were
given to all the Directors and intimation were duly made to Stock Exchange regarding the conducting of the
Board Meeting and its outcome.

The details of BOARD MEETING are as follows:

*P= Present
*A= Absent

7. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to requirement under Section 134(5) of the Companies Act, 2013, with respect to Directors'
Responsibility Statement, it is hereby confirmed

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 have ensured that all applicable accounting policies are applied them consistently and
directors have 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 as at 31^st March, 2025 and of the profit and loss of the
company for that period;

iii. The directors had taken and continue to take 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 and continue to prepare the annual accounts on a going concern basis;

v. The directors had laid and continue to lay 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 and continue to devise proper systems to ensure compliance with the
provisions of all applicable laws and that such systems were adequate and operating effectively.

8. STATEMENT ON DECLARATION BY INDEPENDENT DIRECTOR

All Independent Directors namely Aditya Sharma, Ravindra Pokharna and Satyawati Parashar of the Company
have given declarations as required under the provisions of Section 149 (7) of the Companies Act, 2013 stating
that they meet the eligibility criteria of independence as laid down under section 149(6) of the Companies Act,
2013 and Regulation 25 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015.

9. AUDIT COMMITTEE, ITS COMPOSITION AND MEETINGS

In compliance with the provisions of Section 177 of the Companies Act, 2013 read with Regulation 18 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audit Committee of the Company is
duly constituted and functions in accordance with its terms of reference approved by the Board. The
composition of the Audit Committee remained unchanged during the year under review. During the financial
year 2024-25, the Audit Committee met six (6) times to review and discuss various financial and compliance
matters. The Board is satisfied with the functioning and recommendations made by the Committee.

The Committee comprises the following members:

The dates of committee meetings and attendance of members of committee is stated below:

10. NOMINATION & REMUNERATION COMMITTEE

The Nomination and Remuneration Committee is duly constituted in accordance with the provisions of Section
178 of the Companies Act, 2013 and Regulation 19 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. The Committee is working under the Chairmanship of Smt. Satyawati
Parashar, a Non-Executive Independent Director with Shri Ravindra Pokharna, a Non-Executive Independent
Director, and Shri Aditya Sharma Non-Executive Independent Director as co-members.

During the financial year 2024-25, the Committee met two times on 19.12.2024 & 28.02.205 to consider and
recommend various matters falling within its scope, including matters relating to appointment, reappointment,
and remuneration of Directors and Key Managerial Personnel.

The Committee has been formed to review and recommend the appointment and remuneration of Directors and
other Key Managerial Personnel of the Company.

11. STAKEHOLDERS RELATIONSHIP COMMITTEE

The Stakeholders Relationship Committee is constituted in compliance with the provisions of Section 178(5) of
the Companies Act, 2013 and Regulation 20 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.

The Committee continues to monitor stakeholder relationship issues, including complaints related to transfer of
shares, non-receipt of annual reports, and other matters as prescribed under the applicable laws.

During the financial year 2024-25, no meeting of the Stakeholders Relationship Committee was held, as there
were no investor grievances or matters requiring the Committee's attention.

The composition of the Committee remained unchanged during the year under review.

12. AUDITORS

• STATUTORY AUDITORS

M/s Batra Deepak & Associates, Chartered Accountants (Firm Registration No. 005408C), were appointed as
the Statutory Auditor of the Company for conducting statutory audit of the Company in the 29^th Annual General
Meeting for a term 5 years from the conclusion of that AGM till the conclusion of 34^th Annual General Meeting of
the Company to be held for the Financial Year 2028-29, at a remuneration to be decided by the Board of
Directors in consultation with the auditors.

• SECRETARIAL AUDIT

In terms of provisions of Section 204 of the Companies Act, 2013 Act read with the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014 the Board of Directors had appointed M/s G Soni &
Associates, a Practicing Company Secretary firm for conducting secretarial audit of the Company for the
financial year under review.

• MAINTENANCE OF COST RECORDS OR AUDIT

Your company is neither required to appoint Cost Auditors in terms to the provisions of Section 148 of the
Companies Act, 2013 read with the Companies (Cost Record and Audit) nor required to maintain cost records
during the year under review.

• INTERNAL AUDITOR

Pursuant to the provisions of Section 138 of the Companies Act, 2013, M/s Sunny Rawlani & Associates,
Chartered Accountants (FRN: 153649W), a proprietorship firm, were appointed as the Internal Auditors of the
Company for the financial year under review. However, vide their letter dated 18^th December 2024, they
expressed their inability to continue and stepped down from the said position due to medical reasons, with
effect from the same date.

In view of the above, the Board of Directors, at its meeting held on 22^nd March 2025, approved the appointment
of M/s Bharti Parimal Jain & Co., Chartered Accountants (FRN: 015366C), as the Internal Auditors of the
Company for the financial year 2024-25, to fill the casual vacancy arising out of the resignation of M/s Sunny
Rawlani & Associates.

13. AUDITORS REPORT AND OBSERVATION:

• STATUTORY AUDITOR

The observations, if any, made by the Statutory Auditors in their Auditors Report together with the notes to
accounts, as append thereto are self-explanatory and hence does not call for any further explanation. Further the
Auditors' Report does not contain any qualification, reservation, adverse remark or disclaimer:

• SECRETARIAL AUDITOR

The Secretarial Auditor Report received from the Secretarial Auditor of the Company for the Financial Year
2024-25 is annexed herewith as ANNEXURE-1. The report does not contain any qualification, reservation or
adverse remark.

• FRAUDS REPORTED BY THE AUDITORS:

During the year under review, neither the Statutory Auditor nor the Secretarial Auditor has reported to the
Audit Committee under Section 143(12) of the Companies Act, 2013, any instances of the fraud committed by
the Company, its officers and employees, the details of which would need to be mentioned in the Directors'
Report.

14. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

The particulars of investments made and loans given by the Company as covered under the provisions of Section
186 of the Companies Act, 2013 are given in Financial Statements. Kindly refer the following Note No. 4. Further
your Company has not extended corporate guarantee on behalf of any other Company.

15. TRANSFER TO GENERAL RESERVES

Your Company has not transferred any amount to the General Reserves Account during the Financial Year 2024¬
2025.

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

There are no such materials changes and commitments affecting the financial position of the Company occurred
between the 01^st April, 2025 and date of this report.

17. ENERGY CONSERVATION, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND
OUTGO:

The Company is not a manufacturing Company and as such no provisions of Conservation of Energy
Conservation and Technology Absorption under Section 134 of the Companies Act, 2013 read with the
Companies (Accounts) Rules, 2014 are attracted.

As the Company has not carried out any activities relating to the export and import during the financial year.
There is no foreign exchange expenses and foreign income during the financial year.

18. ANNUAL EVALUATION OF BOARD

Pursuant to the provisions of Section 134(3)(p) of the Companies Act, 2013 and Regulation 17(10) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has carried out an annual
performance evaluation of its own performance, individual Directors, Chief Financial Officer, Company Secretary
as well as the evaluation of the working of its Board Committees.

19. RELATED PARTY TRANSACTIONS AND PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH
RELATED PARTIES

During the year, all the transactions into with related party were on Arm's length basis and in the ordinary
course of business and further the Company had not entered into any contract / arrangement / transaction with
related parties which could be considered material or which are required to be reported in Form No. AOC-2 in
terms of Section 134(3) (h) read with Section 188 of the Act and Rule 8(2) of the Companies (Accounts) Rules,
2014.

20. CHANGE IN THE NATURE OF BUSINESS, IF ANY

There is no change in the nature of business of the Company.

21. LISTING

The Company continues to be listed on Bombay Stock Exchange (BSE). All the dues whether it is related to Stock
Exchange, Depositories and Registrar & Transfer Agent stands paid. The company is duly complying with all the
requirements laid under SEBI (LODR) regulations, 2015. The ISIN of the Equity shares of company is
INE487B01019.

22. CHANGES IN DIRECTORS AND KEY MANAGERIAL PERSONNELS (KMP)

• APPOINTMENT/RE-APPOINTMENT/CESSATION

BOARD OF DIRECTORS

Your Board is duly constituted with combination of executive and non-executive directors. Your Directors
declare that no directors on the Board are disqualified from being appointed as Director of the Company under
Section 164 of the Companies Act, 2013 and also, they have duly disclosed their interest in terms of Section 184
of the Companies Act, 2013.

During the year, the non-executive directors of the Company had no pecuniary relationship or transactions with
the Company, other than the sitting fees, commission and reimbursement of expenses incurred by them for the
purpose of attending meetings of the Company.

During the year under review there were no changes made in the composition of Board of Directors:

KMP

Following are the details regarding Key Managerial Personnel of the Company as on 31^st March, 2025 and
changes therein:

• MANAGING DIRECTOR:

Pursuant to the provisions of Section 203 of the Companies Act, 2013 read with Rule 8 of the Companies
(Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 17(6) and other
applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board
of Directors states that:

Mr. Mansoor Ahmed (DIN: 01398796) continues to serve as the Managing Director (MD) and Key Managerial
Personnel (KMP) of the Company.

His appointment and remuneration were duly approved by the shareholders and are in compliance with:

• Sections 196, 197, 198 and 203 of the Companies Act, 2013.

• Schedule V of the Companies Act, 2013 (as amended).

• Applicable provisions of the SEBI (LODR) Regulations, 2015 including Regulation 17(6)(e) relating to
executive director remuneration.

Remuneration and Terms:

Mr. Ahmed's remuneration continues as per the terms approved by the shareholders at the Annual General
Meeting, held at 27.09.2023 and no revision is proposed during the year under review.

Declaration:

Mr. Ahmed has confirmed that he is not disqualified from continuing as a director under Section 164(2) of the
Companies Act, 2013. The necessary filings under the Companies Act and SEBI (LODR) have been duly made.

The Board places on record its appreciation for Mr. Mansoor Ahmed's continued leadership and valuable
contributions toward the growth and governance of the Company.

• COMPANY SECRETARY:

During the year under review, there were changes in the position of the Company Secretary:

CS Shivangi Agrawal, who was serving as the Company Secretary of the Company, resigned from her
position with effect from 31st July, 2024, due to personal reasons.

Subsequently, CS Shrishti Paliwal was appointed as the Company Secretary on 20th December, 2024,
and she tendered her resignation on 28th February, 2025, also citing personal reasons.

Thereafter, CS Komal Goyal was appointed as the Company Secretary with effect from 28th February,
2025, and is continuing in the said role as on the date of this report.

The Board places on record its appreciation for the contributions made by CS Shivangi Agrawal and CS
Shrishti Paliwal during their respective tenures.

• CHIEF FINANCIAL OFFICER

Pursuant to the provisions of Section 203 of the Companies Act, 2013, Mr. Chandra Bhushan was appointed
as the Chief Financial Officer of the Company w.e.f 1st June, 2015 in its meeting held on 30^th May, 2015 and he
continues to hold the position.

AND NOW THE COMPOSITION OF BOARD OF DIRECTORS AS ON 31st MARCH 2025:

The composition of the Board is in conformity with provisions of Section 149 of the Companies Act, 2013 and
also in line with Regulation 17 of SEBI (LODR) Regulation, 2015 to promote good governance.

Further All Directors have informed about their Directorships, Committee Memberships/ Chairmanships including
any changes in their positions.

RETIREMENT BY ROTATION

In accordance with the provisions of Section 152(6) (c)of the Companies Act, 2013 and the Company's Articles of
Association, Mr. Hifzul Rahim, Director of the Company shall retire by rotation at the ensuing Annual General
Meeting and being eligible offers themselves for reappointment.

23. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES

The Company does not have any Subsidiary, Joint venture or Associate Company. The Company is also not a
subsidiary of any other company. Therefore, no reporting is required to be made for the said clause.

24. DEPOSITS:

The Company did not accept any deposit within the meaning of Section 73 of the Companies Act, 2013 and the
Rules made there under. Further, there are no small depositors in the company.

25. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR
TRIBUNALS IMPACTING THE GOING CONCERN STATUS AND COMPANY'S OPERATIONS IN FUTURE

There are no such orders passed by the regulators or courts or tribunals impacting the going concern status and
company's operations in future.

26. INDUSTRIAL RELATIONS:

The Company is not running any industry; it's into service sector and engaged in business of consultancy and
management. The Management of the Company is cordial with each other.

27. INTERNAL FINANCIAL CONTROLS

The Company has in place adequate internal & financial controls with reference to financial statements. During
the year, such controls were tested and no reportable material weakness in the design or operations were
observed.

28. INTERNAL CONTROL SYSTEMS ANDTHEIR ADEQUACY

The Company has adequate Internal Control System, commensurate with its size, scale and operations. The
scope and authority of Internal Audit functions have been defined in the Internal Audit scope of work to
maintain its objectivity and independence, the Internal Audit functions reports to the Chairman of the Audit
Committee of the Board.

The Internal Audit department monitors and evaluates the efficacy and adequacy of internal control system in
the Company, its compliance with operating system, accounting procedures and policies of the Company.
Significant Audit observations and corrective actions thereon are presented to the Audit Committee of the Board.
The Internal Audit Department monitors and evaluates the efficacy and adequacy of internal control system in
the Company, its compliance with operating systems, accounting procedures and policies of the Company.
During the year no reportable material weakness in the design or operation was observed.

29. DISCLOSURE UNDER THE SEXUAL HARRASMENT OF WOMEN AT WORKPLACE (PREVENTION,
PROHIBITION AND REDRESSAL) ACT 2013

Your directors are committed to create and ensure an enabling, dignified and equitable work environment for
every employee. The company during the year under review had less than 10 employees and thus the
requirement of constitution of internal complaints committee under the provisions of Workplace (Prevention,
Prohibition and Redressal) Act, 2013 is not applicable.

30. VIGIL MECHANISM / WHISTLE BLOWER POLICY

The Board of Directors have established “Whistle Blower Policy' and 'Code of Conduct' for the Directors &
Employees of the Company as required under the provisions of Section 177 of the Companies Act, 2013 read
with Rule 7 of the Companies (Meeting of Board and its powers) Rules, 2014. The said Policy has been properly
communicated to all the directors and employees of the Company and the new employees shall be informed
about the Vigil Policy at the time of their joining.

31. CORPORATE GOVERNANCE

Corporate governance is the system of rules, practices, and processes by which an organization is directed and
controlled. It essentially involves balancing the interests of a company's stakeholders such as shareholders,
senior management executives, customers, suppliers, financiers, the government, and the community. Your
Company always tries to provide accurate and correct information to all the sections related to the Company and
safeguarding the interest of all the stakeholders.

Company being listed on Bombay Stock Exchange and has duly entered into the Listing Agreement with the
Stock exchange and had been complying with all the applicable requirements of SEBI (Listing Obligation &
Disclosure Requirements), 2015 from time to time.

However, Regulation 17 to 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and para-C, D and E of
Schedule V of the SEBI (LODR), Regulations, 2015 are not applicable on your company as it is not having paid up
capital exceeding rupees ten crore and net worth exceeding rupees twenty-five crore. Therefore, it is not
required to provide a separate report on Corporate Governance.

32. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

Pursuant to provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations 2015, a separate management discussion and analysis report which forms an integral part of this
Report is given as ANNEXURE 02.

33. CORPORATE SOCIAL RESPONSIBILITY

Discharging Corporate Social Responsibility (CSR) is now statutorily recognized in India under Section 135 of
Companies Act, 2013. Your Company is not covered under Section 135(2) of the Companies Act, 2013. Hence, no
policy or disclosures are required to be made under the said section or applicable rules.

34. DETAILS OF APPLICATIONS MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND
BANKRUPTCY CODE 2016

There are no applications made during the financial year 2024-25 by or against the company and there are no
proceedings pending under the Insolvency and Bankruptcy Code 2016.

35. DETAILS OF DIFFERENCES BETWEEN THE AMOUNT OF VALUATION DONE AT THE TIME OF ONE TIME
SETTLEMENT AND VALUATION DONE WHILE TAKING LOAN FROM BANKS AND FINANCIAL
INSTITUTIONS ALONG WITH REASONS THERE OFF

Your company has not made any one-time settlement with any of its lenders. Therefore, it is not applicable.

36. BOARD POLICIES:

The details of the policies approved and adopted by the Board as required under the Companies Act, 2013 and
SEBI Regulations are provided in the website of the company www.naturahuechem.com/policies.html

37. SECRETARIAL STANDARDS

The Company has duly complied with the applicable Secretarial Standards, i.e. SS-1 and SS-2, relating to
'Meetings of the Board of Directors' and 'General Meetings' respectively.

38. DISCLOSURE OF REMUNERATION

As per Section 197(12), read with Rule 5 of the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014. The Statement showing the names and other particulars of the employees of the
Company as required under Rule 5 (2 & 3) of Companies (Appointment and Remuneration of Managerial

Personnel) Rules, 2014 is not required to be furnished since there are no permanent employees in the Company.
Further none of the director or employee has received remuneration in excess of the remuneration mentioned in
the above-mentioned Rule 5 (2) during the Financial Year 2024-25.

39. RISK MANAGEMENT POLICY

Risk Management is a very important part of business as it is an inherent part of any business unless and until a
Company takes a risk can't achieve success. Higher the risk maximum then returns. Therefore, your directors
keep a close watch on the risk prone areas and take actions from time to time. The policy of the Company is to
comply with statutory requirements and try to overcome the risk of penalties and prosecutions.

The Company does not have any insurable assets. However, the policy of the Company is to keep insured all
insurable assets to keep them adequately insured against risks and uncertainties like fire, riot, earthquake,
terrorism, loss of profit, etc.

40. PREVENTION OF INSIDER TRADING

The Board of Directors of the Company has duly adopted Code of Practices and Procedures for Fair Disclosure of
Unpublished Price Sensitive Information and Code of Internal Procedures and Code for Regulating, Monitoring
and Reporting of trading by insiders of the Company, pursuant to the provisions of Regulation 8 (Code of Fair
Disclosure) and Regulation 9 (Code of Conduct), respectively, of the SEBI (Prohibition of Insider Trading)
Regulations, 2015 and the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 and its
notification dated December 31, 2018. The above codes came into effect from 01st April, 2019.

The aforesaid codes have been adopted with a view to regulate trading in securities by the Directors and
designated employees of the Company. The Code requires pre-clearance for dealing in the Company's shares and
prohibits the purchase or sale of Company shares by the Directors and the designated employees while in
possession of unpublished price sensitive information in relation to the Company and during the period when
the Trading Window is closed.

The Company Secretary & Compliance Officer is responsible for implementation of the Code. All Board of
Directors and the designated employees have confirmed compliance with the Code.

41. COMPANY'S WEBSITE

Your Company has its fully functional website www.naturahuechem.com which has been designed to exhibit all
the relevant details about the Company. The site carries a comprehensive database of information of the
Company including the Financial Results of your Company, Shareholding Pattern, details of Board Committees,
Corporate Policies/ Codes. All the mandatory information and disclosures as per the requirements of the
Companies Act, 2013, rules made thereunder and applicable provisions of SEBI (Listing Obligations & Disclosure
Requirements) Regulations, 2015.

42. DETAILED REPORTING ON SEXUAL HARASSMENT COMPLAINTS:

In terms of the provisions of Section 22 of the Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013, read with Rule 8(5)(x) of the Companies (Accounts) Rules, 2014, and as
amended by the Companies (Accounts) Second Amendment Rules, 2022, the following is the detailed report:

43. STATEMENT ON MATERNITY BENEFIT COMPLIANCE:

The provisions of the Maternity Benefit Act, 1961 are presently not applicable to the Company, as the nature and
size of operations do not fall within the scope of the Act and the Company currently employs fewer than ten
employees in the company. However, the Company is committed to promoting a safe, inclusive, and supportive
work environment for all its employees.

44. ACKNOWLEDGEMENT

Your directors wish to place on record their sincere appreciation for contributions made by employees of the
company and cooperation extended by the bankers and all persons who have directly and indirectly contributed
to the success of the company.

Your directors also acknowledge the trust and confidence you have reposed in the company.

BY AND ON BEHALF OF THE BOARD
FOR NATURA HUE CHEM LIMITED

Sd/- Sd/-

(Mansoor Ahmed) (Hifzul Rahim)

Managing Director Director

DIN:01398796 DIN:08491854

Dated: 28.08.2025
Place: Raipur (C. G.)