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The Secretarial Audit Reports of the material subsidiaries, as required under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, forms an integral part of this Annual Report.

11. DIRECTORS AND KEY MANAGERIAL PERSONNEL

The composition of the Board of Directors is in accordance with the provisions of Section 149 of the Companies Act, 2013 and Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with an optimum combination of Executive Director and Non-Executive Directors.

As of 31^st March 2026, your Company's Board had six members comprising of Managing Director, three Non-Executive Directors and two Independent Directors including one Woman Independent Director as listed below:

During the financial year ended 31^st March, 2026, no changes have occurred in the composition of Board of Directors and Key Managerial Personnel.

12. MEETINGS OF THE BOARD

During the financial year ended 31^st March, 2026, five (5) meetings of the Board of Directors were held. The details of the Board Meetings are provided in the Corporate Governance Report, which forms an integral part of this Annual Report.

The gap between any two consecutive Board Meetings did not exceed the maximum interval prescribed under the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

13. DECLARATION BY INDEPENDENT DIRECTORS

The Company has received declarations from the Independent Directors confirming that they meet the criteria of independence as prescribed under Section 149(6) of the Act and under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In the opinion of the Board, the Independent Directors fulfil the conditions specified under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and are independent of the management.

14. COMMITTEES OF THE BOARD

In accordance with the requirements of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has constituted various statutory committees. In addition, the Board has established other committees to oversee specific business operations and governance matters. As of 31^st March 2026, the Board had the following committees:

The Corporate Governance Report, forming an integral part of this Annual Report, provides comprehensive details regarding the composition of the various Committees of the Board, including their terms of reference, roles and responsibilities. The Report also contains details of the meetings held by these Committees during the financial year.

15. DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the provisions of Section 134 of the Act, the Directors state that:

a) in the preparation of annual accounts for the Financial Year ended 31^st March, 2026, the applicable accounting standards have been followed and there were no material departures requiring any explanation;

b) 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;

c) 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;

d) they have prepared annual accounts on a 'going concern' basis;

e) they have laid down internal financial controls to be followed by the Company and such internal financial controls are adequate and are operating effectively; and

f) they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems are adequate and operating effectively.

16. WEB ADDRESS OF ANNUAL RETURN

Pursuant to the amendments to Section 134(3)(a) and Section 92(3) of the Act read with Rule 12 of the Companies (Management and Administration) Rules, 2014, the Annual Return for the

17. AUDITORS

The details relating to the auditors of the Company for the financial year under review are provided below:

17.1 STATUTORY AUDITORS

M/s Kanodia Sanyal & Associates, Chartered Accountants (Firm Registration No. 008396N) were re-appointed as the Statutory Auditors of the Company at the 34^th Annual General Meeting held on 26^th September, 2023, to hold office for a term of five consecutive years, commencing from the conclusion of the 34^th Annual General Meeting until the conclusion of the 39^th Annual General Meeting of the Company to be held for the financial year ending 31^st March, 2028.

17.2 STATUTORY AUDIT REPORT

The Statutory Audit Report on the Standalone and Consolidated Financial Statements forms an integral part of this Annual Report. The Report does not contain any qualifications, reservations, adverse remarks, or disclaimer of opinion for the financial year ended 31^st March, 2026.

17.3 SECRETARIAL AUDITORS

Mr. N. C. Khanna, Company Secretary in practice was appointed as the Secretarial Auditor of the Company at the 36^th Annual General Meeting held on 23^rd September, 2025, to hold office for a term of five consecutive years, commencing from the conclusion of the 36^th Annual General Meeting until the conclusion of the 41^st Annual General Meeting of the Company to be held for the financial year ending 31^st March, 2030.

17.4 SECRETARIAL AUDIT REPORT

Secretarial Audit Report submitted by the Secretarial Auditor in prescribed Form MR-3 is annexed to this Report. There are no qualifications or observations or other adverse remarks or disclaimer of the Secretarial Auditors in the report for the financial year ended 31^st March, 2026.

17.5 INTERNAL AUDITOR

Pursuant to the recommendation of the Audit Committee, the Board of Directors had appointed Mr. Abhishek Bhartia, Assistant General Manager, as the Internal Auditor of the Company for the financial year ended 31^st March, 2026. During the year under review, the Internal Auditor conducted the internal audit and submitted the audit reports to Board of Directors.

17.6 COST RECORDS, COST AUDIT AND COST AUDIT REPORT

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) Rules, 2014, nor required to maintain the cost records during the year under review.

18. FRAUDS REPORTED BY AUDITORS

During the year under review, the Statutory Auditors have not reported any instance of fraud committed by the Company, its officers, or employees under Section 143(12) of the Companies Act, 2013. Accordingly, no disclosure in this regard is required to be made in the Board's Report.

19. PARTICULARS OF LOANS, GUARANTEE OR INVESTMENTS

Pursuant to Section 186 of the Act read with the Companies (Meetings of the Board and its Powers) Rules, 2014, disclosures relating to loans, advances and investments as on 31^st March 2026 are given in the notes to the Financial Statements in Note No. 6.

20. RELATED PARTY TRANSACTIONS

During the financial year under review, the Company entered into Related Party Transactions in the ordinary course of business and on an arm's length basis, in compliance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details of which are given in note no. 35 of notes to the Financial Statements.

Pursuant to Section 134(3)(h) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Accounts) Rules, 2014, the particulars of contracts or arrangements with related parties referred to in Section 188(1) of the Act are provided in Form AOC-2, which is annexed to this Report.

21. COMPLIANCE WITH SECRETARIAL STANDARDS

Your Company is in compliance with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India and approved by the Central Government under Section 118 (10) of the Companies Act, 2013.

22. COMPLIANCE WITH ACCOUNTING STANDARDS

The Annual Report on CSR activities/initiatives which includes the contents of the CSR Policy, composition of the Committee and other particulars as specified in Section 135 of the Act, read

with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended, are disclosed in this Report.

24. RISK MANAGEMENT

The Company has established a robust risk management framework to identify, assess, monitor, manage, and mitigate risks while leveraging emerging opportunities. The framework is designed to enhance transparency, minimize the potential impact of risks on the Company's strategic objectives, and strengthen its overall resilience and competitive advantage.

The Board of Directors has constituted a Risk Management Committee to oversee the implementation and monitoring of the Company's risk management framework. The Committee is responsible for reviewing the effectiveness of the framework, monitoring key risks, and ensuring that appropriate mitigation measures are in place. The risk management framework is reviewed periodically by the Board of Directors, the Audit Committee, and the Risk Management Committee to ensure its continued relevance and effectiveness.

25. INTERNAL FINANCIAL CONTROLS AND THEIR ADEQUACY

The Company has established a robust Internal Financial Controls framework designed to ensure the adequacy, effectiveness, and efficiency of its internal control systems. The framework is commensurate with the size, nature, and complexity of the Company's operations and is intended to provide reasonable assurance regarding the reliability of financial reporting, the safeguarding of assets, compliance with applicable laws and regulations, and the preparation of financial statements in accordance with the applicable accounting standards and generally accepted accounting principles.

The Management remains committed to maintaining and continually strengthening the internal financial controls environment through periodic reviews and ongoing monitoring to ensure its effectiveness and alignment with the Company's evolving business requirements.

26. SIGNIFICANT AND MATERIAL ORDERS PASSED BY REGULATORS/ COURTS/ TRIBUNALS

The company received demand notices amounting to Rs. 16470.46 Lakhs under section 156 of the Income Tax Act, 1961 with respect to assessment years 2011-12 to 2020-21. The company has filed an appeal with the appropriate authorities against the said tax demand. As per the legal opinion obtained by the company the said demand is not tenable.

27. VIGIL MECHANISM/WHISTLE BLOWER POLICY

28. NOMINATION, REMUNERATION AND BOARD DIVERSITY POLICY

During the financial year, the policy related to Nomination and Remuneration has been revised as recommended by Nomination and Remuneration Committee in terms of the provisions of

Section 178 of the Act and Regulation 19 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part D of Schedule II thereto and same has been approved by the Board, which is in line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the same is hosted on the website of the Company. The Board has adopted a Nomination and Remuneration Policy. The Policy governs the criteria to pay equitable remuneration to the Directors, Key Managerial Personnel (KMP), senior management (as defined below) and other employees of the Company and to harmonize the aspirations of human resources with the goals of the Company.

The Policy aims to act as a guide to the Board in relation to appointment and removal of Directors, Key Managerial Personnel and Senior Management, ensuring that the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate, to run the company successfully, ensuring that relationship of remuneration to performance is clear and meets the performance benchmarks and ensuring that remuneration involves a balance between fixed and incentive pay reflecting short and long term performance objectives appropriate to the working of the company and its goals.

29. PERFORMANCE EVALUATION

The annual performance evaluation of the Board of Directors, its Committees, Individual Directors, and the Independent Directors was carried out in accordance with the Director Evaluation Policy adopted by the Company, which is aligned with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The evaluation process comprised a comprehensive assessment of the effectiveness of the Board and its Committees, including their composition, functioning, governance practices, quality of deliberations, discharge of responsibilities, and compliance with the applicable statutory and regulatory requirements. The evaluation also considered the adequacy of time devoted to strategic and operational matters and the effectiveness of the Committees in discharging their respective terms of reference.

The Board and the Nomination and Remuneration Committee evaluated the performance of Individual Directors based on various parameters, including their qualifications, experience, expertise, knowledge, participation and attendance at meetings, preparedness, contribution to Board and Committee deliberations, and overall effectiveness in discharging their fiduciary responsibilities.

The Independent Directors, at their separate meeting held in accordance with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reviewed the performance of the Non-Independent Directors, the Board as a whole, and the Chairman of the Board, taking into account the views of the Executive and NonExecutive Directors. Thereafter, the Board evaluated the performance of the Independent Directors, excluding the Director being evaluated. The Board was satisfied that its composition, diversity, expertise, and functioning continue to be effective and contribute meaningfully to the Company's governance framework.

30. PARTICULARS OF EMPLOYEES

None of the employees of the Company was in receipt of remuneration in excess of the limits prescribed under Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

The Company has complied with the provisions of Section 197 of the Companies Act, 2013 relating to the payment of remuneration to its Key Managerial Personnel.

The disclosures pertaining to remuneration as required under Section 197 of the Companies Act, 2013 read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 are annexed to this Annual Report.

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

Your Company treats its employees equally, with dignity and with no gender bias. Your Company believes and ensures that all employees work in an environment that is free from all kinds of harassments including sexual harassment of women, as is enshrined in values and in the Code of Ethics & Conduct of the Company.

Further your Company has zero-tolerance for Sexual Harassment of Women at the workplace in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013 and Rules made thereunder. Your Company has constituted an Internal Complaints Committee (ICC), to inquire into the complaints of Sexual Harassment and to recommend appropriate action.

The following is a summary of sexual harassment complaints received and disposed of during the financial year ended 31^st March, 2026:

No. of Complaints received : NIL

No. of Complaints disposed of : NIL

No. of complaints pending at the end of FY 2025-26 : NIL

32. COMPLIANCE UNDER THE MATERNITY BENEFIT ACT, 1961

The Company has complied with all applicable provisions of the Maternity Benefit Act, 1961, including the Maternity Benefit (Amendment) Act, 2017. The Company is committed to supporting the health, well-being, and rights of women employees and ensures a conductive work environment that upholds statutory maternity benefits.

Key measures undertaken by the Company include:

• Grant of paid maternity leave as prescribed under the Act.

• Provision of medical bonus where applicable.

• Nursing breaks during working hours.

• Provision of creche facilities (either in-house or through tie-ups, where applicable).

• No discrimination or adverse action against women availing maternity leave.

The Company continues to foster a gender-sensitive workplace and adheres to all welfare provisions as stipulated under the Act.

33. CONSERVATION OF ENERGY, RESEARCH AND DEVELOPMENT, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

A. Conservation of Energy

Since the Company does not own any manufacturing facility and the Company is engaged in providing e-governance services and e-governance products and such operations do not account for substantial Electricity, Gas & Steam, Power, Water or any other kind of energy consumption. However, the company is taking all possible measures to conserve the energy.

However, the requirements pertaining to disclosure of particulars relating to conservation of energy is not applicable on the Company but being the responsible corporate citizen, your company is continuously looking for new ways of conservation of energy and wastes minimization for the protection of environment. The eco-friendly initiatives adopted by your company are:

• Installation of LED lights in all the offices nationwide.

• Implementing energy conservation schemes.

• Awareness programs for employees at all levels and for community.

• Promoting the use of alternative fuels and materials.

B. Technology Absorption and Research & Development

Since the Company is not involved in manufacturing activity, hence the research & development and technology absorption is not applicable.

C. Foreign Exchange Earnings and Outgo

34. ONE TIME SETTLEMENT

The above clause is not applicable as the Company has not entered in to any one-time settlement with the Banks or Financial Institutions and no valuation has been performed by the Company in this regard.

35. INSOLVENCY AND BANKRUPTCY CODE, 2016

There is no application pending against the Company proceedings either filed by the Company or against the Company pending under the Insolvency and Bankruptcy Code, 2016 as amended before the National Company Law Tribunal or other Courts as on 31^st March, 2026.

36. TRANSFER TO INVESTOR EDUCATION AND PROTECTION FUND

Dividend History for the last 7 years is as under:

Since no dividend was declared by the Company for the financial years 2022-23, 2023-24 and

2024- 25, no amount was required to be transferred to the Investor Education and Protection Fund in respect of these financial years.

Pursuant to the provisions of Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended, the Company did not transfer any amount to the IEPF during the financial year

2025- 26.

Dividend transferred to IEPF after the close of the financial year ended 31^st March, 2026:

37. MANAGEMENT DISCUSSION AND ANALYSIS REPORT

The Management Discussion and Analysis Report for the year under review, as stipulated under Regulation 34(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is appended to the Annual Report, and gives details of the industry structure, developments, opportunities, threats, performance and state of affairs of the Company's business, internal controls and their adequacy, risk management systems and other material developments during the financial year ended 31^st March, 2026, form an integral part of this Annual Report.

38. CORPORATE GOVERNANCE REPORT

In compliance with Corporate Governance requirements as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, your Company has implemented a Code of Business Conduct and Ethics for all Board members and senior management personnel of the Company, who have affirmed the compliance thereto.

Further in compliance with Regulation 34 of the Listing Regulations, a separate report on Corporate Governance for the year under review, along with the Certificate from the Auditors confirming compliance with the conditions of Corporate Governance, forms part of this Report.

We ensure that we evolve and follow the corporate governance guidelines and best practices diligently, not just to boost long term shareholder value but also to respect the rights of minority. We consider this as our inherent responsibility to disclose timely and accurate

information regarding the operations and performance, leadership and governance of the company.

39. CERTIFICATE BY CHIEF FINANCIAL OFFICER

The Chief Financial Officer has furnished the certificate to the Board of Directors as required under Regulation 17(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Further, pursuant to Regulation 33(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Chief Financial Officer has certified that the financial results of the Company do not contain any false or misleading statement or figures and do not omit any material fact that may render the statements or figures contained therein misleading.

The aforesaid certificates form part of and are annexed to this Annual Report.

40. APPRECIATION

Your Directors take this opportunity to express their grateful appreciation for the continued support and co-operation received from the company's valued customers and esteemed shareholders for the support and confidence reposed by them in the management of the Company and look forward to the continuance of this mutually supportive relationship in future.

Your Directors also place on record their appreciation and gratitude to all the Departments of Government of India, Central Government, State Government, Tax Authorities, Reserve Bank of India, Ministry of Corporate Affairs, Financial Institutions, Stock Exchanges, Banks and other governmental/ Semi governmental bodies and look forward to their continued support in all future endeavors.

Your Directors also wish to place on record their appreciation for the continued cooperation received from all the vendors, dealers, investors and business associates for the support provided by the financial institutions, bankers and stock exchanges.

Your Directors also wish to place on record their sincere appreciation for the diligent efforts, hard work and commitment put in by all Alankit employees.

Inspired by this vision, driven by values and powered by internal vitality, we look forward to delivering another year of value adding growth.