Your Directors are pleased to present the 27^th Annual Report of Pyramid Technoplast Limited (Formerly known as Pyramid
Technoplast Private Limited) ("Pyramid or the Company") together with the audited financial statements for the year ended
March 31,2025.

FINANCIAL SUMMARY AND HIGHLIGHTS:

STATE OF THE COMPANY'S AFFAIRS:

Your Company is an industrial packaging company
engaged in the manufacturing of polymer-based
molded products (Polymer Drums), primarily catering
to the chemical, agrochemical, specialty chemical, and
pharmaceutical industries.

The Company specializes in rigid Intermediate Bulk Containers
(IBCs), Polymer Drums, and Mild Steel (MS) Drums, and
is one of the leading manufacturers of rigid IBCs in India.
These IBCs are industrial-grade containers designed for bulk
handling, transportation, and storage of liquids, semi-solids,
pastes, and solids, with capacities positioned between
standard shipping drums and intermodal tank containers.

During the year under review, the Company continued to
pursue its growth strategy through capacity expansion and
sustainability initiatives. Key developments include:

• Expansion through Recycling Facility - Unit IX
(Bharuch, Gujarat):

The Company has acquired approximately 4,44780
sq. meters of land in Bharuch to set up a recycling
plant for plastic and plastic products, including HDPE

packaging materials. With an estimated capital outlay of
' 8-10 crore (inclusive of land), the facility is expected
to be commissioned in FY 2025-26. This backward
integration initiative will reduce input costs and support
sustainability goals. Surplus output from the plant, not
used for captive consumption, is intended to be sold
externally, creating an additional revenue stream.

• Investment in Renewable Energy - Solar Projects:

To improve energy efficiency and reduce the Company's
carbon footprint, two solar power projects have
been initiated:

• A 2.25 MWdc solar photovoltaic project in Maharashtra,
targeted for commissioning by January 31,2025, with a
total project value of ' 8.55 crore.

• A 13 MWdc solar photovoltaic project in Gujarat, with
expected commissioning by May 31,2025, and an EPC
cost of ' 42.90 crore (excluding land cost). Approximately
40 acres of land has been earmarked for the same.

• Post-Year-End Update - Commencement of Wada
Unit (Unit VIII):

Subsequent to the end of the financial year, in
May 2025, the Company commenced commercial

operations at its newly established Unit VIII located at Wada,
Palghar District, Maharashtra. This unit is spread over 10
acres and is being developed in phases. Phase I includes
manufacturing capacities of:

• 720,000 HDPE Drums (50L and 200L)

• 1,50,000 IBCs

• 3,36,000 MS Drums

As on the date of this Report, the Company has a network
of nine manufacturing units, of which Unit VIII & IX are
recently added. Of these, Unit VIII at Wada has commenced
commercial operations in FY 2025-26, and Unit IX (Recycling
Plant) is under implementation.

During the year under review, the Company has earned total
revenue of ' 59,133.55 lakhs in comparison to ' 53,242.26
lakhs during the previous year.

The Company has earned net profit of ' 2,66726 lakhs in
comparison to net profit of ' 2,934.22 during the previous year.

The Company remains focused on enhancing operational
efficiencies, expanding capacities, and adopting sustainable
practices to drive long-term value creation.

TRANSFER TO RESERVE:

There is no amount proposed to be transferred to any
reserves for the Financial Year ("FY") 2024-25.

DIVIDEND:

Dividend Distribution Policy

Pursuant to Regulation 43A of the Securities and
Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ('SEBI
LODR'), the Board of Directors of the Company had
formulated a Dividend Distribution Policy ('the Policy').
The Policy is available on the Company's website on https://
pyramidtechnoplast.com/wp-content/uploads/2025/06/
Dividend-Distribution-Policy-1 .pdf

The Board of Directors has recommended final Dividend
of ' 0.50/- (5%) per equity share of face value of ' 10/- for
the financial year 2024-25 out of the profits of the company
which shall be paid on or after October 03, 2025 if declared
by the members of the company at the 27^th Annual General
Meeting ("AGM").

TRANSFER OF UNCLAIMED DIVIDEND TO
INVESTOR EDUCATION AND PROTECTION FUND:

Since there was no unpaid/unclaimed Dividend in the books
or any Unpaid Dividend declared and paid last year, the
provisions of Section 125 of the Companies Act, 2013 ("The
Act") does not apply to your Company.

CHANGE IN NATURE OF BUSINESS:

There has been no change in the business of the Company
during the FY ending March 31,2025.

SUBSIDIARY/ JOINT VENTURE/ ASSOCIATE
COMPANY:

As on March 31,2025, Company doesn't have any Subsidiary,
Joint Venture and Associate Companies.

Pursuant to the provisions of Section 129(3) of the Act, a
report on the performance and financial position of the
subsidiary, associate and joint venture in Form AOC-1 is not
applicable to the Company.

MATERIAL CHANGES AND COMMITMENTS, IF
ANY, AFFECTING THE FINANCIAL POSITION
OF THE COMPANY WHICH HAVE OCCURRED
BETWEEN THE END OF THE FINANCIAL YEAR
OF THE COMPANY TO WHICH THE FINANCIAL
STATEMENTS RELATE AND THE DATE OF THE
REPORT:

There are no material changes and commitments affecting
the financial position of the Company, which has occurred
between the end of the FY for the Company i.e. March 31,
2025, and the date of this Board's Report.

SHARE CAPITAL:

The paid-up Equity Share Capital as at March 31,2025 stood
at ' 36,78,48,000. During the FY under review, the Company
has not bought back any of its securities or issued any Sweat
Equity Shares or issued any differential voting rights shares
or provided any Stock Option Scheme to the employees.

LISTING ON BSE LIMITED AND NATIONAL STOCK
EXCHANGE OF INDIA LIMITED:

The equity shares of the Company continue to remain listed
on BSE Limited and National Stock Exchange of India Limited
(collectively "Stock Exchanges").

The listing fees for FY 2024-25 have been paid to the
Stock Exchanges.

ANNUAL RETURN:

Pursuant to Section 92(3) and Section 134(3)(a) of the Act,
read with Rule 12(1) of the Companies (Management and
Administration) Rules, 2014, the extract of Annual Return
has been uploaded on the Company's website on https://
pyramidtechnoplast.com/wp-content/uploads/2025/08/
Annual-Return_2024-25.pdf

DIRECTORS AND KEY MANAGERIAL PERSONNEL:

The Board of the Company is duly constituted in accordance
with the requirements of the Act read with the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
("Listing Regulations").

A) Directors:

In accordance with the provisions of Section 152 of
the Act and the Company's Articles of Association,
Mr. Bijaykumar Agarwal (DIN: 01490141) is liable
to retire by rotation at the ensuing Annual General
Meeting ("AGM") and being eligible offers himself for
re-appointment.

The Board recommends the re-appointment of,
Mr. Bijaykumar Agarwal for the consideration of
the Members of the Company at the ensuing
AGM. The relevant details, including the profile of,
Mr. Bijaykumar Agarwal is included separately in
the Notice of AGM.

As on the date of this Report, the Company's Board
comprises of six (6) Directors, out of which, three (3)
are Non-Executive Independent Directors including
one (1) Woman Director. The composition of the Board
is in conformity with Regulation 17 of the SEBI Listing
Regulations and with the provisions of the Act.

B) Independent Directors:

All Independent Directors of the Company have given
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 and Regulation 16(1)
(b) and other applicable provisions of the SEBI Listing
Regulations. In terms of Regulation 25(8) of the SEBI
Listing Regulations, the Independent Directors have
confirmed that they are not aware of any circumstance or
situation, which exists or may be reasonably anticipated,
that could impair or impact their ability to discharge
their duties with an objective independent judgement
and without any external influence. The Independent
Directors hold office for a fixed term of five years and
are not liable to retire by rotation. In the opinion of the
Board, the Independent Directors fulfill the conditions
of independence specified in Section 149(6) of the Act
and Regulation 16(1)(b) and other applicable provisions
of the SEBI Listing Regulations.

The terms and conditions of appointment of the
Independent Directors are placed on the website
of the Company at https://pyramidtechnoplast.com/
wp-content/uploads/2024/01/Terms-and-Conditions-of-
Appointment-of-ID.pdf

In compliance with the requirement of SEBI
Listing Regulations, the Company has put in place
a familiarization programme for the independent
Directors to familiarize them with their role, rights and
responsibility as Directors, the working of the Company,
nature of the industry in which the Company operates,
business model, etc. The details of familiarization
programme are explained in the Corporate Governance
Report and the same are also available on the website

of the Company at https://pyramidtechnoplast.com/
wp-content/uploads/2024/01/Familiariza.pdf

C) Key Managerial Personnel:

Pursuant to the provisions of Sections 2(51) and 203 of the
Act, read with the Rules framed thereunder, the following
are the Key Managerial Personnel of the Company:

- Mr. Bijaykumar Agarwal, Chairman & Managing Director

- Mr. Jaiprakash Bijaykumar Agarwal, WholeTime Director
& CFO

- Mrs. Madhu Jaiprakash Agarwal, Whole Time Director

- *Ms. Puja Sharma, Company Secretary & Compliance
Officer

*During the FY, Ms. Zoya Jahur Shaikh has resigned as Company
Secretary and Compliance Officer of the Company w.e.f. January 15,
2025, and Ms. Puja Sharma was appointed as Company Secretary
and Compliance Officer of the Company w.e.f. February 03, 2025.

D) Committees of the Board:

The Company has Five Board Committees as on
March 31,2025:

1) Audit Committee

2) Nomination and Remuneration Committee

3) Stakeholders Relationship Committee

4) Corporate Social Responsibility Committee

5) Finance Committee

During the year, all recommendations made by the
committees were approved by the Board.

Details of all the committees along with their main
terms, composition and meetings held during the year
under review are provided in the Report on Corporate
Governance, a part of this Annual Report.

E) Nomination and Remuneration Policy:

The Board of Directors has framed a policy which lays
down a framework in relation to appointment and
remuneration of Directors, Key Managerial Personnel,
Senior Management, and other employees of the
Company ("Policy"). The Policy broadly lays down the
guiding principles, philosophy and the basis for payment
of remuneration to Executive and Non-executive
Directors (by way of sitting fees and commission),
Key Managerial Personnel, Senior Management and
other employees. The Policy also provides the criteria
for determining qualifications, positive attributes and
independence of Director and criteria for appointment
of Key Managerial Personnel/Senior Management

and performance evaluation which are considered by
the Nomination and Remuneration Committee and
the Board of Directors whilst taking a decision on the
potential candidates.

The salient features of the Nomination and
Remuneration Policy of the Company are outlined in
the Corporate Governance Report which forms part of
this Annual Report. The Policy is also available on the
website of the Company at https://pyramidtechnoplast.
com/wp-content/uploads/2023/04/Nomination-and-
Remuneration-Policy.pdf

) Whistle Blower Policy /Vigil Mechanism:

As per the provisions of Section 177(9) and (10) of
the Act and Regulation 22 of the Listing Regulations,
the Company has adopted a Whistle Blower Policy
for establishing a vigil mechanism for Directors and
Employees to report genuine concerns about unethical
behavior, actual or suspected fraud or violation of the
Company's Code of Conduct and provide adequate
safeguards against victimisation of persons who
use such mechanism and makes provision for direct
access to the chairman of the Audit Committee in
appropriate or exceptional cases. The said policy has
been hosted on the Company's website at https://
pyramidtechnoplast.com/wp-content/uploads/2024/01/
Vigil-Mechanism-Ppdf

i) Performance Evaluation:

Pursuant to the provisions of the Act and the SEBI
Listing Regulations, the Board has carried out the annual
performance evaluation of the Directors individually
as well as evaluation of the working of the Board and
of the Committees of the Board, by way of individual
and collective feedback from Directors. The manner in
which the evaluation was conducted by the Company
and evaluation criteria have been explained in the
Corporate Governance Report which forms part of
this Annual Report.

The Board of Directors has expressed its satisfaction
with the evaluation process.

) Number of Meetings of the Board:

Five (5) Board meetings were held during the financial
year 2024-25. The intervening gap between the
meetings was within the period prescribed under the Act
and SEBI Listing Regulations. The details of meetings of
the Board held during the financial year 2024-25 forms
part of the Corporate Governance Report.

Remuneration of Directors, Key Managerial Personnel and
Senior Management:

The remuneration paid to the Directors, Key Managerial
Personnel and Senior Management is in accordance
with the Nomination and Remuneration Policy

formulated in accordance with Section 178 of the Act
and Regulation 19 read with Schedule II of the Listing
Regulations. Further details on the same are given in
the Corporate Governance Report which forms part of
this Annual Report.

DIRECTOR'S RESPONSIBILITY STATEMENT:

Pursuant to the provisions of Section 134(3)(c) read with
Section 134(5) of the Act, the Directors of the Company
state and confirm that:

a. in the preparation of the annual accounts for FY 2024-25,
the applicable accounting standards had been followed
and there are no material departures from the same.

b. 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 as at March 31, 2025 and of the profit and
loss of the Company for that period;

c. 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.

d. the Directors had prepared the annual accounts on a
going concern basis.

e. the Directors had laid down internal financial controls
to be followed by the Company and that such ms are
adequate and were operating effectively; and

f. the Directors had devised proper systems to ensure
compliance with the provisions of all applicable
laws and that such systems were adequate and
operating effectively.

PARTICULARS OF LOANS, GUARANTEE, AND
INVESTMENTS:

The particulars of loans, guarantees and investments as per
Section 186 of the Act read with the Companies (Meeting
of Board and its powers) Rules, 2014 as on March 31,2025,
have been disclosed in the Notes to the Financial Statements
of the Company.

CORPORATE SOCIAL RESPONSIBILITY:

As a part of its initiative under the Corporate Social
Responsibility ("CSR") drive, the Company, through the
Corporate Social Responsibility Committee of Board of
Directors, has undertaken projects in accordance with
Schedule VII of the Act and the Company's CSR policy.
The Report on CSR activities as required under the
Companies (Corporate Social Responsibility Policy) Rules,
2014 is annexed and marked as "Annexure-I" which forms a
part of this Report.

The company's primary focus is not limited to creating value but also extends to sharing it. The company considers Corporate
Social Responsibility one of the important means of sharing value with the community in which it operates.

Energy conservation, technology absorption and foreign exchange earnings and outgo:

Section 134(3)(m) of the Act read with Rule 8 (3) of the Companies (Accounts) Rules, 2014 requires disclosure of the particulars
regarding conservation of Energy and Technology absorption. The Company on continues basis undertakes programs of
conserving energy. The details of the same are as follows:

Conservation of Enerov:

Tenhnnlnnv absorption:

Foreign Exchange Earnings/ Outgo:

The details of Foreign Exchange Earnings and outgo are as follows:

RISK MANAGEMENT:

The Audit Committee has been delegated the responsibility
for monitoring and reviewing risk management, assessment
and minimization procedures, developing, implementing
and monitoring the risk management plan and identifying,
reviewing and mitigating all elements of risks which the
Company may be exposed to.

APPLICATION / PROCEEDING PENDING UNDER THE
INSOLVENCY AND BANKRUPTCY CODE, 2016:

During the year under review, no application was made
under Insolvency and Bankruptcy Code, 2016 by or against
your Company and no proceeding is pending under IBC.

DISCLOSURE ON ONE TIME SETTLEMENT:

During the year under review, there was no instance of
one-time settlement with banks or financial institutions;
hence the requirement to disclose the details of one time
settlement is not required by the Company.

SIGNIFICANT AND MATERIAL ORDERS PASSED
BY THE REGULATORS OR COURTS:

During the year under review, there are no significant
material orders passed by the Regulators/Courts that would
impact the going concern status of the Company and its
future operations.

AUDITORS:

A) Statutory Auditors & their Report:

Pursuant to the provisions of Section 139 of the Act and
rules made thereunder, M/s. Banka & Banka, Chartered
Accountants (Firm Registration No. 100979W) were
appointed as Statutory Auditor of the Company at the
24^th AGM held on September 30, 2022, for a period of
four (4) consecutive years from the conclusion of that
AGM till the conclusion of the 28^th AGM.

M/s. Banka & Banka, Chartered Accountants have
submitted their Report on the financial statements of
the Company for the FY ended March 31, 2025, which
forms part of this Report, and it does not contain
any reservation, qualification or adverse remark.
The comments in the Auditors' Report read with notes
to the accounts are self-explanatory.

B) Secretarial Auditor & their Report:

Pursuant to the provisions of Section 204 of the
Act read with the Companies (Appointment and
Remuneration of Managerial Personnel) Rules,
2014, the Company had appointed Mr. Rinkesh Gala,
proprietor of M/s. Rinkesh Gala & Associates Practicing
Company Secretaries (COP No. 20128), for conducting
Secretarial Audit of the Company for the FY ended on
March 31,2025.

Secretarial Audit Report issued by Mr. Rinkesh Gala in
Form MR-3 forms part to this Report as "Annexure-II".
The said report does not contain any observation or
qualification requiring explanation or adverse remark.

A Secretarial Compliance Report for the FY ended
March 31, 2025, on compliance of all applicable SEBI
regulations and circulars/guidelines issued thereunder,
was obtained from Mr. Rinkesh Gala, Practicing Company
Secretary, and submitted to the stock exchange.

The Board recommends to the members of the
Company the appointment of M/s. RA Gala & Associates,
Practicing Company Secretaries, as the Secretarial
Auditor of the Company for a term of five consecutive
financial years, from FY 2025-26 to FY 2029-30.

C) Internal Auditor:

Pursuant to the provisions of Section 138 of the Act
read with the Companies (Accounts) Rules, 2014, the
Company has appointed Mr. Rajesh G. Shroff, Chartered
Accountant, (Mem No: 037318) as the Internal Auditor
of the Company for conducting internal audit for
the FY 2024-25.

The Internal Audit reports are reviewed by the Audit
Committee on a quarterly basis.

D) Cost Auditor:

Pursuant to the provisions of Section 148 of the
Act read with the Rules framed thereunder, the cost
audit records maintained by the Company in respect
of its manufacturing activities are required to be
audited. M/s. JNP & Associates (FRN: 000572), Cost
Accountants carried out the cost audit for applicable
businesses during the year.

Based on the recommendation of the Audit Committee,
the Board of Directors has appointed M/s. JNP &
Associates (FRN: 000572), Cost Accountants as the Cost
Auditors for the financial year 2025-26. The Company
has received a certificate from M/s. JNP & Associates,
confirming that they are not disqualified from being
appointed as the Cost Auditors of the Company.

The remuneration payable to the Cost Auditors is
required to be placed before the members in the general
meeting for their ratification. Accordingly, a resolution
seeking member's ratification for the remuneration
payable to M/s. JNP & Associates, Cost Accountants, is
included at Item No.3 of the Notice of the ensuing AGM.

REPORTING OF FRAUD

There was no instance of fraud reported during the year
under review, which required the Statutory Auditors, Cost
Auditor or Secretarial Auditor to report the same to the Audit
Committee of the Company under Section 143(12) of the Act
and Rules framed thereunder.

DISCLOSURE UNDER PREVENTION OF SEXUAL
HARASSMENT OF WOMEN AT WORKPLACE
(PREVENTION, PROHIBITION AND REDRESSAL)
ACT:

The Company has adopted a Sexual Harassment Policy on
prevention, prohibition, and redressal of sexual harassment at
workplace in line with the provisions of Sexual Harassment of
Women at Workplace (Prevention, Prohibition and Redressal)
Act, 2013 and the Rules made thereunder.

The aim of the policy is 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 Policy is available at the
Registered Office of the Company and is accessible to all the
employees of the Company. The Company has not received
any complaints during the FY under review.

PUBLIC DEPOSITS:

During the year under review, the Company has not
accepted any deposits covered under Chapter V of the Act.
Accordingly, no disclosure or reporting is required in respect
of details relating to deposits.

MANAGEMENT DISCUSSION AND ANALYSIS
REPORT:

The Management Discussion and Analysis Report for the
year under review as required under Regulation 34 read
with Schedule V of the Listing Regulations is annexed to this
Report as "Annexure-IM"

CORPORATE GOVERNANCE:

Maintaining high standards of Corporate Governance has
been fundamental to the business of the Company since
its inception. As per Regulation 34(3) read with Schedule
V of the SEBI Listing Regulations, a separate section on
corporate governance practices followed by the Company,
together with the following declarations/certifications forms
an integral part of this Corporate Governance Reporting
hereby enclosed as "Annexure-IV":

a. A declaration signed by Mr. Bijaykumar Agarwal,
Chairman & Managing Director and Mr. Jaiprakash
Agarwal, Whole Time Director & CFO stating that the
members of Board of Directors and senior management
personnel have affirmed compliance with the Company's
Code of Business Conduct and Ethics;

b. A compliance certificate from the Company's Secretarial
Auditor confirming compliance with the conditions of
Corporate Governance;

c. A certificate of Non-Disqualification of Directors from
the Secretarial Auditor of the Company; and

d. A certificate of the MD and CFO of the Company,
inter alia, confirming the correctness of the financial
statements and cash flow statements, adequacy of the
internal control measures and reporting of matters to
the Audit Committee.

Report on Corporate Governance and Certificate of the Auditor
of the Company regarding compliance of the conditions of
Corporate Governance as stipulated in Part C of Schedule V
of the Listing Regulations, are provided in a separate section
forming part of this Report as "Annexure-IV"

INTERNAL CONTROL SYSTEM AND THEIR
ADEQUACY:

The Company has in place adequate internal financial controls
with reference to the financial statements. Internal audits are
undertaken on a quarterly basis by Internal Auditors covering
all units and business operations to independently validate
the existing controls. Reports of the Internal Auditors are
regularly reviewed by the management and corrective action
is initiated to strengthen the controls and enhance the
effectiveness of the existing systems. The Audit Committee
evaluates the efficiency and adequacy of the financial control
system in the Company and strives to maintain the standards
in the Internal Financial Control.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS
WITH RELATED PARTY TRANSACTIONS:

All transactions entered with related parties as defined
under the Act during the FY were in the ordinary course of
business and on an arm's length pricing basis and do not
attract the provisions of Section 188 of the Act. There were
no materially significant transactions with the related parties
during the FY which were in conflict with the interest of
the Company and hence, enclosing Form AOC-2 is not
required. Suitable disclosure as required by the Accounting
Standard (AS 18) has been made in the notes to the
Financial Statements.

PARTICULARS OF EMPLOYEES:

The total number of permanent employees of the Company
as on March 31, 2025, was 519. The requisite details
under Section 197(12) of the Act read with Rule 5(1) of the
Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014 form part of "Annexure-V"
to this Report.

The requisite details relating to the remuneration of the
specified employees under Rule 5(2) and 5(3) of the
Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014 form part of this Report. Further, this
Report and Financial Statements are being sent to Members
excluding the aforesaid annexure. In terms of Section 136
of the Act, the said annexure will be open for inspection
by any Member. Interested Members may write to the
Company Secretary.

COMPLIANCE WITH SECRETARIAL STANDARDS:

The Company has complied with the applicable

Secretarial Standards issued by the Institute of Company

Secretaries of India.

OTHER DISCLOSURES / CONFIRMATIONS:

a. Neither the Managing Director & Chief Financial Officer
nor the Executive Director of the Company received
any remuneration or commission from any of the
subsidiaries of the Company, as the Company does not
have any subsidiaries.

b. The Company has not failed to implement any corporate
action during the year under review.

c. The disclosure pertaining to explanation for any
deviation or variation in connection with certain terms
of a public issue, rights issue, preferential issue, etc.
is not applicable to the Company.

d. The Company's securities were not suspended during
the year under review.

e. There was no revision of financial statements and Board's
Report of the Company during the year under review.

APPRECIATION & ACKNOWLEDGEMENTS:

The Board wishes to express its gratitude and record its
sincere appreciation for the commitment and dedicated
efforts put in by all the employees of the Company.
The Directors take this opportunity to express their grateful
appreciation for the encouragement, cooperation and support
received from all the stakeholders including but not limited to
the Government authorities, bankers, customers, suppliers
and business associates. The Directors are thankful to the
esteemed shareholders for their continued support and the
confidence reposed in the Company and its management.

Registered Office For and on behalf of the Board

Office No. 02, 02^nd Floor, Pyramid Technoplast Limited

Shah Trade Centre,

Rani Sati Marg, Malad (E), Sd/-

Mumbai - 400097 _

Bijaykumar Agarwal

Place: Mumbai DIN: 01490141

Date: August 07, 2025 Chairman & Managing Director