Your Directors present the 34'" Annual Report together with the Audited Statement of Accounts of the Company for the financial year
ended March 31,2025.

FINANCIAL RESULTS:

(Rs. in Lacs)

Your Company’s total revenue during the financial year ended 31st March, 2025 is Rs. 250.70 Lakhs, compared to previous year which
stood at Rs. 62.55 Lakhs, which is mainly by way of lease rentals and Agri trading sales.

DIVIDEND:

Your directors have not recommended any dividend on equity shares for the year as there is no profit in the year.

TRANSFER OF RESERVES

The company has incurred Net Loss of Rs.157.21 Lakh for the period ended on 31st March, 2025, therefore, the Company has not
transferred any sum to the Reserve & Surplus account except Net Loss of Rs. 157.21 Lakh.

STATE OF COMPANY’S AFFAIRS:

In view of the OTS approval, received by the Company in past, the Company has paid to Pradeshiya Industrial and Investment
Corporation of Uttar Pradesh (’PICUP) a sum of Rs. 678.92 Lakhs towards the same on 20th April, 2024 while the balance amount of
OTS has remained unpaid. The Company requested PICUP for additional time for repayment of the balance amount. PICUP granted the
additional time upto 3rd June, 2025 to pay the balance. The Company in recent past years approached several bank / financial
institutions to support the Company to commence the business, however, the approval is still awaited.

DETAILS OF SIGNIFICATION AND MATERIAL ORDERS PASSED BY THE REGULATORS / COURTS / TRIBUNALS IMPACTING
THE GOING CONCERN STATUS AND THE COMPANY'S OPERATIONS IN FUTURE:

In the year under review no material order has been passed by above said authorities impacting the going concerned status.

INTERNAL FINANCIAL CONTROL (IFC):

The Company has in place adequate internal financial controls, with reference to financial statement. It has established an integrated
framework for managing risks and internal controls.

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

DIRECTORS' REPORT

The internal financial controls have been documented and embedded in the business processes. Such controls have been assessed
during the year under review and have been operating effectively.

The Audit Committee reviews and evaluates adequacy and effectiveness of the Company's internal control environment and monitors
the implementation of audit recommendations. The Company has appointed Mr. S.K. Khandelwal, Chartered Accountants as the
Internal Auditor in compliance with section 138 of the Companies Act, 2013. The scope of audit and the outcome of the audit are
reviewed by Audit Committee at regular intervals.

DEPOSITS UNDER CHAPTER V OF THE COMPANIES ACT, 2013:

The Company has neither accepted nor renewed any Deposits from the public within the ambit of Section 73 of the Companies Act, 2013
and the Companies (Acceptance of Deposits) Rules,2014.

PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS:

The particulars of loans given, guarantees provided and investments made, have been duly disclosed in the financial statements.
STATUTORY AUDITORS:

Pursuant to Section 139 of the Act and Rules made thereunder, the Company at its 31st AGM appointed M/s. B.M. Chaturvedi & Co.
(Firm Registration No. 114317W) as the Statutory Auditors of the Company for a period of 5 years from the conclusion of 31 st AGM until
the conclusion of 36th AGM of the Company. Pursuant to amendments in Section 139 of the Act, the requirements to place the matter
relating to such appointment for ratification by Members at every AGM has been done away with. The Reports given by M/s. B. M.
Chaturvedi & Co., Chartered Accountants on the financial statements of the Company for FY2024-25 are part of the Annual Report.

AUDITOR'S REPORT:

The observations by the Auditors in their report are self-explanatory and, in the opinion of the Board, do not require any further
explanation.

SHARE CAPITAL:

At present, Company has only one class of shares i.e. equity shares of Rs. 10 each. The authorized share capital is Rs. 170 Crores
divided into 17 Crores equity shares of Rs. 10 each. The issued, subscribed and paid-up capital of the Company isRs. 161.86 Crores as
on March 31,2025. The Company has neither issued any shares with differential rights as to dividend, voting or otherwise, nor issued
any sweat equity shares or employee stock options during the financial year under review. Further, your Company's equity shares are
listed on BSE Ltd.

ANNUAL RETURN:

As required under section 134(3)(a) of the Companies Act 2013, the annual return once filed with registrar of companies/MCA shall be
placed on the website of the Company and can be accessed at https://svcindustriesltd.com/investors.

CHANGE OF REGISTRAR AND TRANSFER AGENT:

The Company has changed its Registrar and Transfer Agent (RTA) with effect from 11.04.2025. The new RTA is Purva Sharegistry
(India) Private Limited having its registered office at Unit no. 9, Shiv Shakti Industrial Estate, J. R. Boricha Marg, Lower Parel (East),
Mumbai-400011

The change of RTA was undertaken to improve the efficiency and quality of services related to share registry and investor relations. The
new RTA has a proven track record of providing excellent services to companies and their investors.

Shareholders are advised to correspond with the new RTA for all matters related to share registry, dividend payments, and other investor
services. The change is expected to enhance the overall experience for shareholders and improve the Company's compliance with
regulatory requirements.

CONSERVATION OF ENERGY AND TECHNOLOGY ABSORPTION:

The particulars of conservation of energy, technology absorption, foreign exchange earnings and outgo for the financial year under
review as required to be given under Section 134(3)(m) of the Companies Act, 2013 and Rule 8(3) of the Companies (Accounts) Rules,
2014 is not applicable to the Company.

FOREIGN EXCHANGE EARNINGS & OUTGO:

The Company has not utilized any foreign exchange and has not earned any foreign exchange during the financial year ended March 31,

2025.

CORPORATE SOCIAL RESPONSIBILITY:

The Provision with respect to Corporate Social Responsibility is not attracted to the Company.

CHANGE IN DIRECTORS AND KEY MANAGERIAL PERSONNEL

In accordance with the provisions of the Companies Act. 2013 and the Articles of Association of the Company, Mr. Suresh V. Chaturvedi
(DIN: 00577689), Director of the company retires by rotation at the ensuing Annual General Meeting and being eligible, offer himself for
re-appointment. The brief resume/details about Mr. Suresh V. Chaturvedi (DIN: 00577689) is given in the Notice of the ensuing AGM
sent to the shareholders along with the Annual Report.

As on date 31 March 2025, the Company has Mr. Suresh Chaturvedi, Mr. Subhash Chandra Rastogi, Mr. Advait Chaturvedi, Mr. Ambuj
Chaturvedi, Mr.Anoop Gupta & Ms. Sonal Jitendra Waghela as Directors of the Company. Mr. Kapil Chaturvedi, Manager and CFO of
the Company.

None of the Directors of the company are disqualified for being Directors as specified under section 164 of the Companies Act, 2013.
Report from Independent Company Secretary in Practice is attached as Certificate of Non-Disqualification of Directors.

Ms. Jyoti Darade, resigned from the position of Company Secretary of the Company with effect from July 31,2025. Mr. Jishan Ahmed is
appointed as the Company Secretary of the Company with effect from August 01,2025.

STATEMENT ON DECLARATION BY AN INDEPENDENT DIRECTOR (S) AND RE -APPOINTMENT, IF ANY:

All the Independent Directors have given a declaration that they meet the criteria of independence as laid down under Section 149(6) of
the Act and affirmed compliance with Code of Ethics and Business Principles as required under Regulation 25 of Listing Regulations.

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

In the opinion of the Board, all the Independent Directors possess the integrity, expertise and experience including the proficiency
required to be Independent Directors of the Company, fulfill the conditions of independence as specified in the Act and Listing
Regulations and are independent of the management and have also complied with the Code for Independent Directors as prescribed in
Schedule IV of the Act

COMPANY'S POLICY ON DIRECTOR'S APPOINTMENT AND REMUNERATION

In accordance with the provisions of the Section 178 of the Companies Act, 2013 read along with the applicable Rules thereto and
regulation 19 of the SEBI LODR, the Company has constituted Nomination and Remuneration Committee and has formulated
"Nomination and Remuneration Policy” containing Criteria for determining the qualifications, positive attributes, independence of a
director and other matters provided under section 178(3) of the Companies Act, 2013 for selection of any Director, Key Managerial
Personnel and Senior Management Employees.

The said policy of the Company is directed towards rewarding performance, based on the review of achievements on a periodic basis.
The Board of Directors has approved a Nomination and Remuneration policy and the same is available on the website of the company at
https://svcindustriesltd.com/policies/.

The details pertaining to the composition of the Nomination and Remuneration Committee are included in the Corporate Governance
Report, which forms part of this Report.

ANNUAL EVALUATION

The Nomination and Remuneration Committee (NRC) has approved a framework / policy for performance evaluation of the Board,
Committees of the Board, and the individual members of the Board (including the Chairperson) which includes criteria for performance
evaluation, which is reviewed annually by the Committee. A questionnaire for the evaluation of the Board, its committees and the
individual members of the Board (including the Chairperson), designed in accordance with the said framework and covering various
aspects of the performance of the Board and its Committees, including composition and quality, roles and responsibilities, processes
and functioning, adherence to Code of Conduct and Ethics and best practices in Corporate Governance as mentioned in the Guidance
Note on Board Evaluation issued by the Securities and Exchange Board of India on January 5, 2017 was circulated to the Directors.
Pursuant to the provisions of the Act and SEBI LODR and based on policy devised by the Committee, the board has carried out annual
evaluation of its own performance, its committees and individual directors. The board performance was evaluated on inputs received
from all the Directors after considering criteria as mentioned aforesaid. The performance of the Committees was evaluated by the Board
of Directors on inputs received from all the Committee Members after considering criteria as mentioned aforesaid. Pursuant to SEBI
LODR, performance evaluation of independent director was done by the entire Board, excluding the independent director being
evaluated. The performance evaluation of non-independent directors and the board as a whole and Chairman of the Board was also
carried out by the Independent Directors of the Company through separate meeting of independent directors held on February 14,2025.

NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS:

During the year under review, 5 (Five) Board Meetings were conveyed and held. The details of which are given in the Corporate
Governance Report. The intervening gap between the Meetings was within the period prescribed under the Companies Act. 2013 and
SEBI (LODR) Regulations, 2015. '

COMMITTEE OF THE BOARD

The Board of Directors have the following Committees:

1. Audit Committee

2. Nomination and Remuneration Committee

3. Stakeholders' Relationship Committee

The details of the Committees along with heir composition, number of meetings and attendance at the meetings are provided in the
Corporate Governance Report.

COMPLIANCE WITH THE PROVISIONS OF SECRETARIAL STANDARD -1 (SS-1) AND SECRETARIAL STANDARD-2(SS-2)

The Directors have devised a proper system to ensure compliance with the provisions of all applicable Secretarial Standards issued by
the Institute of Company Secretaries of India and that such systems are adequate and operating effectively. The company has complied
with SS-1 andSS-2.

AUDIT COMMITTEE:

The Audit Committee acts as a link between the statutory and internal auditors and the Board of Directors. Its purpose is to assist the
Board in fulfilling its oversight responsibilities of monitoring financial reporting processes, reviewing the Company's established systems
and processes for internal financial controls, governance and reviewing the Company's statutory and internal audit activities. The
Committee is governed by a Charter which is in line with the regulatory requirements mandated by the Companies Act, 2013 and
Regulation 18 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. During the financial year under review the
Committee met 4 (four) times.

STAKEHOLDER RELATIONSHIP COMMITTEE:

Your Company believes that its members are amongst its most important stakeholder. The Stakeholder Relationship Committee was re¬
constituted at the Board Meeting held on 27th May, 2024, by inducing Mr. Ambuj Chaturvedi and retiring Mr. Suresh V. Chaturvedi. As on
date, the Stakeholder Relationship Committee of the Company consists of Mr. Ambuj Chaturvedi as Chairman, Mr. Subhash Chandra
Rastogi and Mr. Advait Chaturvedi as a Member. During the year under review, the Stakeholders Relationship Committee met for 23
times.

NOMINATION AND REMUNERATION COMMITTEE:

The Board has, on the recommendation of the Nomination and Remuneration Committee framed a policy for selection and appointment
of Directors, Key Managerial Personal and their remuneration. The Nomination and Remuneration Committee consist of Mr. Subhash
Chandra Rastogi as a Chairman, Ms. Sonal Waghela and Mr. Advait Chaturvedi as a Member. This Committee has been constituted as
per terms or provision of the Companies Act and under regulation of SEBI (Listing Obligations and Disclosure Requirements)
Regulations,2015. During the financial year under review the Committee met 1 (One) time.

MEETING OF INDEPENDENT DIRECTOR:

During the year 2024-25, one meeting of independent director was held on 07 February 2025. The Independent Directors Mr. Subhash
Chandra Rastogi and Ms. Sonal Waghela and Mr. Anoop Gupta met without the attendance of Non-Independent Directors and the
members of the Management. The Independent Directors, inter alia, reviewed the performance of Non- Independent Directors and the
Board as a whole: the performance of the Chairman of the Company and assessed the quality, quantity, and timeliness of flow of
information between the Company Management and the Board that is necessary for the Board to perform their duties effectively and
reasonably.

VIGIL MECHANISM/ WHISTLE BLOWER POLICY:

The Company has implemented a Whistle Blower Policy pursuant to which Whistle Blower can raise concerns relating to Reportable
Matters (as defined in the policy) such as breach of Code of Conduct, fraud, bribery, corruption, employee misconduct, illegality, health &
safety, environmental issues and wastage/mis- appropriation of bank funds/assets, etc. Further, the mechanism adopted by the
Company encourages the Whistle Blower to report genuine concerns or grievances and provides for adequate safe guards against
victimization of Whistle Blower, who can avail such mechanism and has direct access to the Chairman of the Audit Committee, in
exceptional cases.

The functioning of the Vigil Mechanism is reviewed by the Audit Committee from time to time. None of the Whistle Blower has been
denied access to the Audit Committee of the Board. The details of the Whistle Blower Policy are available on the website of the Company
i.e. www.svcindustriesltd.com

CONTRACT/ARRAGEMENT WITH RELATED PARTIES:

All related party transactions that were entered during the financial year were in ordinary course of the business of the Company and
were on arm's length basis. There are no materially significant related party transactions made by the Company with Promoters,
Directors, Key Managerial Personnel or other designated persons which may have potential conflict with the interest of the Company.
The policy on materiality of Related Party Transactions is uploaded on the website of the Company.

The disclosure of Related Party Transactions as required under Section 134(3)(h) of the Companies Act, 2013 in 'Form AOC-2' is not
applicable.

RISK MANAGEMENT:

Your Company has an elaborate Risk Management Framework, which is designed to enable risks to be identified, assessed and
mitigated appropriately. The Board is entrusted with the responsibility to assist in (a) Overseeing and approving the Company's
enterprise wide risk management framework; and (b) Overseeing that all the risks that the organization faces such as financial, credit,
market, liquidity, security, property, IT, legal, regulatory, reputational and other risks have been identified and assessed and there is an
adequate risk management infrastructure in place, capable of addressing those risks.

DISCLOSURE, AS TO WHETHER MAINTENANCE OF COST RECORDS AS SPECIFIED BY THE CENTRAL GOVERNMENT
UNDER SUB-SECTION (1) OF SECTION 148 OF THE COMPANIES ACT, 2013, IS REQUIRED BY THE COMPANY AND
ACCORDINGLY SUCH ACCOUNTS AND RECORDS ARE MADE AND MAINTAINED

This provision is not applicable to the Company.

SECRETARIAL AUDIT REPORT:

Pursuant to provisions of section 204 of the Companies Act 2013 and the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014, the Company has appointed M/s Ranjeet Kumar Sharma & Associates, a practicing Company Secretaries in
practice to undertake the Secretarial Audit of the Company for the financial year 2024-25. The report of the Secretarial Audit is annexed
herewith as Annexure “A”.

SECRETARIAL COMPLIANCE REPORT:

While the Annual Secretarial Audit shall cover a broad check on compliance with all laws applicable to the entity, listed entities shall
additionally, on an annual basis, require a check by the Company Secretary in Practice on compliance of all applicable SEBI Regulations
and circulars / guidelines issued thereunder, consequent to which, the Company Secretary in Practice shall submit a report to the listed
entity in the manner specified in the SEBI Circular No. CIR/CFD/CMD1 /27/2019 dated February 08,2019. Your Company has appointed
Ranjeet Kumar Sharma & Associates, a practicing Company Secretaries in practice to give Secretarial Compliance Report of the
Company. The observations and comments given by the Secretarial Auditor are provided in Secretarial compliance Report attached
herewith as “Annexure B” and the same is submitted to Stock Exchange within the prescribed due date.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

Management Discussion and Analysis Report for the financial year2024-25, as stipulated under Regulation 34(2)(e) of the SEBI (Listing
obligations and Disclosure Requirements (Regulations, 2015 (hereinafter referred to as "the SEBI LODR”),is presented in a separate
section forming part of Directors' report is as Annexure “C”.

MANAGERIAL REMUNERATION:

The information as required under Section 197(12) of the Act read with Rule 5(1) and 5 (2)of the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014, is given in Annexure “D” forming part of this report.

FRAUD REPORTING:

There were no frauds reported by the Auditors under provisions of Section 143(12) of the Companies Act, 2013 and rules made
thereunder.

DIRECTORS' RESPONSIBILITY STATEMENT:

As required u/s 134 (5) of the Companies Act, 2013, the Directors confirm that;

I. In the preparation of the annual accounts for the year ended 31 “March 2025, the applicable accounting standards have been
followed along with explanation relating to material departures;

II. They have selected such accounting policies and applied them consistently except for the non-provision of interest on all secured
loans as mentioned in Note No. 29 forming part of the Balance Sheet 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 on 31 “March 2025;

III. The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other
irregularities; and

IV. The Directors have prepared the annual accounts for the financial year ended 31 “March, 2025 on a going concern basis.

V. They have laid down 'internal financial controls’ to be followed by the Company and that such internal financial controls are adequate
and were operating effectively.

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

TRANSFER OF AMOUNTS TO INVESTOR EDUCATION AND PROTECTION FUND:

Your Company did not have any funds lying unpaid or unclaimed fora period of seven years. Therefore, there were no funds which were
required to be transferred to Investor Education and Protection Fund (IEPF).

CORPORATE GOVERNANCE:

The Company has taken adequate steps to ensure that all mandatory provisions of Corporate Governance, in terms of Regulation 34 of
the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are complied with. A
separate report on Corporate Governance is being incorporated as a part of the Annual Report along with a certificate from the Auditors
of the Company regarding Compliance of the conditions of Corporate Governance which is annexed to the Directors' Report.

RECONCILIATION OF SHARE CAPITAL AUDIT REPORT:

As directed by the Securities and Exchange Board of India (Depositories and participants) Regulations,1996, Reconciliation of Share
Capital is being carried out at the specified periodicity by the practicing Company Secretary. The findings of the Reconciliation of Share
Capital Audit are regularly taken at the Board Meeting, besides submitting it to the BSE Limited.

CODE OF CONDUCT:

The Board has adopted, the Code of Ethics and Business for the Non-Executive Directors as also for the employees and other members
of Senior Management. The said code has been communicated to all the Directors and Members of the Senior Management. Board
members and senior management personnel have affirmed compliance with the Code for the financial year 2024-25.

CEO / CFO CERTIFICATION:

As there is no CEO in the Company, CFO of the Company, Mr. Kapil Chaturvedi has certified to the Board of Directors, inter alia, the
accuracy of financial statements and adequacy of internal controls for the financial reporting as required under Regulation 17(8) of the
Listing Regulations for the year ended 31 “ March, 2025.

INSIDER TRADING:

The Company has adopted a Code of Conduct for Prevention of Insider Trading in accordance with the requirements of SEBI
(Prohibition of Insider Trading) Regulations, 2015 and Companies Act, 2013 with a view to regulate trading insecurities by the Directors
and designated employees of the Company. The Code requires pre-clearance for dealing in the Company's shares beyond threshold
limits. Further, it 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 disclosures obtained under the code are submitted to the BSE Limited, from time to time. The Company regularly follows the system
of ShareTrading Window mechanism as per the Insider Regulation.

LISTING OF SECURITIES

The Equity shares of the Company are listed on the Bombay Stock Exchange Limited.

DEMATERIALISATION OF SHARES:

As part of its efforts to provide better investor services, your Company has admitted its equity in the Depository System of the National
Securities Depositories Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) since 07.03.2000 and 23.03.2000 respectively
and has offered investors the facility to hold the shares in electronic form and enter into script less trades. Your Company has always paid
utmost attention to improve investor's relationship. As on March 31,2025 approximately 88.27% of the total shares of the Company has
already been materialized.

DISCLOSURE UNDER SEXUAL HARASSMENT OF WOMEN AT WORK PLACE (PREVENTION, PROHIBITION AND RED
RESSAL)

The Company is committed and dedicated in providing a healthy and harassment free work environment to every individual of the
Company, a work environment that does not tolerate sexual harassment. We highly respect the dignity of everyone involved at your work
place, whether they are employees, suppliers or our customers. We require all employees to strictly maintain mutual respect and positive
attitude towards each other. The said policy is available on the Company's website and the web link thereto is
https://svcindustriesltd.com /policies/. The company has complied with provisions relating to the constitution of Internal Complaints
Committee under the Sexual Harassment of Women at Women at Workplace (Prevention, Prohibition and Redressal)Act, 2013.

Number of complaints pending as on the beginning of the financial year - Nil
Number of complaints filed during the financial year - Nil
Number of complaints pending at the end of the financial year-Nil

DISCLOSURE UNDER MATERNITY BENEFIT ACT, 1961

The Company has complied with the applicable provisions of the Maternity Benefit Act, 1961, as amended from time to time. All eligible
women employees have been extended maternity benefits in accordance with the provisions of the Act, including paid maternity leave,
medical bonus, nursing breaks, and protection from dismissal during maternity leave.

The Company is committed to fostering a safe, inclusive, and supportive work environment for its women employees and ensures that all
applicable laws safeguarding their rights and well-being are strictly followed.

DISCLOSURES WITH RESPECT TO DEMAT SUSPENSE ACCOUNT/UNCLAIMEDSUSPENSEACCOUNT:

The Company has 300 shares lying in suspense escrow demat account arising out of expiration of period of 120 days from date of
issuance Of'Letter of Confirmation' by the RTA in terms of SEBI Circular No. SEBI/ LAD- NRO/ GN / 2022 / 66 dated 24 January 2022
read with SEBI Circular No SEBI / HO / MIRSD / MIRSD_RTAMB / P / CIR / 2022 / 8 dated 25 January, 2022 in matters w.r.t issue of
duplicate securities certificate; claim from unclaimed suspense account; renewal / exchange of securities certificate; endorsement;
subdivision / splitting of securities certificate; consolidation of securities certificates /folios; transmission and transposition received from
the shareholder/ claimant.

The Company does not have any of its securities lying in / unclaimed suspense account / Suspense Escrow account arising out of public /
bonus/ rights issue /. Hence, providing particulars relating to aggregate number of shareholders and outstanding securities in suspense
account and other related matters are not required.

DETAILES OF PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

During the financial year under review, no application was made or proceeding initiated against the Company under the insolvency and
bankruptcy Code, 2016 nor any such proceeding was pending at the end of the financial year under review.

ACKNOWLEDGEMENT:

Your Directors would like to place on record their sincere thanks for the co-operation and support received from various agencies of the
Central and State Governments, all Shareholders and Creditors.

Your Directors also take this opportunity to place on record their appreciation of the dedication and sense of commitment shown by the
officers and employees of the Company at all levels.

For and on behalf of the Board of SVC Industries Limited

Suresh V. Chaturvedi Ambuj Chaturvedi

Director Director

(DIN: 00577689) (DIN: 05003458)

Date: 23rd July, 2025
Place: Mumbai