Directors Report of Alna Trading & Exports Ltd.

Mar 31, 2025

Your Director''s have pleasure in presenting to you the 43^rd Annual Report of the Company and the Audited Financial Statements for the year ended March 31, 2025.

FINANCIAL RESULTS:

The Financial Highlights of the Company are as under:

		(INR in Lakhs)
Particulars	Mar 31, 2025	Mar 31, 2024
Revenue from Operations	211.19	93.28
Other Income	0.65	1.52
Total Revenue	211.84	94.80
Total Expenses	209.30	93.01
Profit/(Loss) from ordinary activities before exceptional items	2.54	1.79
Exceptional Items	-	-
Profit/(Loss) from ordinary activities before tax	2.54	1.79
Tax Expenses	0.98	0.49
Net Profit/ (Loss) for the Period after tax	1.56	1.30

STATEMENT OF COMPANY''S AFFAIRS:

During the year under review, the Company continued its operations in the trading and export of coffee catering to the domestic markets.

COMPANY''S PERFOMANCE:

During the year under review, there has been increased in Total Income of the Company i.e., Rs. 211.84 Lakhs as compared to Rs. 94.80 Lakhs in the previous year.

The Net Profit of the Company is Rs. 1.56 Lakhs in the current year as compared to profit of Rs. 1.30 Lakhs in the previous year.

DIVIDEND:

With a view to conserve resources the Board of Directors of your Company do not recommend any dividend for the year under review.

TRANSFER TO RESERVES:

During the financial year under review, the Company has not made any transfer to the General Reserve. The Board of Directors, while exercising financial prudence, remains committed to augmenting the Company''s reserves at an appropriate time, in line with future profitability and evolving business requirements.

AUTHORISED & PAID-UP SHARE CAPITAL:

During the year under review, there has been no change in the Authorized and paid-up Share Capital of the Company.

The Authorized Share Capital of the Company is Rs. 50,00,000/- (Rupees Fifty Lakh Only) divided into 2,50,000 (Two Lakhs Fifty Thousand) Equity shares of Rs. 10/- (Rupees Ten Only) each and 2,50,000 (Two Lakhs Fifty Thousand) Unclassified Shares of Rs. 10/- (Rupees Ten Only) each.

The paid-up Share Capital of the Company is Rs. 20,00,000/- (Rupees Twenty Lakh Only) divided into 2,00,000 (Two Lakhs) Equity shares of Rs. 10/- (Rupees Ten Only) each.

PUBLIC DEPOSITS:

During the year under review, your Company has neither accepted nor renewed any deposits from public within the meaning of Section 73 of the Companies Act, 2013 read with Companies Acceptance of Deposits) Rules, 2014. No amount on account of principal or interest on deposits from public was outstanding as on the date of the balance sheet.

MATERIAL CHANGES AND COMMITMENTS AFFECTING THE COMPANY:

There have been no material changes or commitments affecting the financial position of the Company which occurred between the end of the financial year of the Company to which financial statement relates and the date of the Board Report.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:

Information pursuant to section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, is not applicable to your Company, hence no information is disclosed.

RISK MANAGEMENT:

The Company follows well-established and detailed risk assessment and minimization procedures, which are periodically reviewed by the Board. The Company has in place a business risk management framework for identifying risks and opportunities that may have a bearing on the organization''s objectives, assessing them in terms of likelihood and magnitude of impact and determining a response strategy.

The Senior Management assists the Board in its oversight of the Company''s management of key risks, including strategic and operational risks, as well as the guidelines, policies and processes for monitoring and mitigating such risks under the aegis of the overall business risk management framework.

CORPORATE SOCIAL RESPONSIBILITY (CSR):

The provisions of CSR as contained in the Section 135 of the Companies Act, 2013 are not applicable to the Company.

RELATED PARTY TRANSACTIONS:

During the year under review, all related party transactions, if any, that were entered into during the financial year were on an Arm''s Length Basis and were in the ordinary course of business. There are no materially significant related party transactions made by your Company with Promoters, Directors, Key Managerial Personnel or other designated persons which require prior approval of Shareholders or may have a potential conflict with the interest of your Company at large.

All related party transactions were placed before the Audit Committee and also before the Board for approval. Prior Omnibus approval of the Audit Committee is obtained for the transactions which are foreseeable and repetitive in nature.

The Company did not enter into any contracts, arrangements, or transactions with related parties that were either outside the ordinary course of business or not on an arm''s length basis, as per the provisions of Section 188(1) of the Companies Act, 2013, and the applicable rules.

For detailed information on related party transactions, please refer to the disclosures provided in the notes to the Standalone Financial Statements, prepared in compliance with the principles outlined in Ind AS-24.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:

Details of Loans, Guarantees or Investments covered under the provisions of section 186 of the Companies Act, 2013, if any, are given in the Notes to the Financial Statements.

DIRECTORS AND KEY MANAGERIAL PERSONNELS:

During the year under review there has been no change in the constitution of the Board of Directors. However, Ms. Karishma Parag Ashar, the Company Secretary and Compliance Officer of the Company resigned on September 27, 2024, and Mr. Mithun Patel has been appointed as the Company Secretary and Compliance Officer of the Company w.e.f. September 27, 2024.

Further, after the end of the financial year Mr. Aftab Alam has resigned from the position of the Independent Director of the Company w.e.f. July 10, 2025 and Ms. Mala Arun Todarwal has been appointed as an Additional Director ( Non-Executive & Independent) w.e.f. July 10, 2025 and will be regularized in the ensuing Annual General Meeting.

The Board of Directors and Key Managerial Personnels of the Company as on March 31, 2025, are as follows:
Sr. No.	Name of Director	Designation	Appointment Date	Cessation Date
1.	Mr. Anwar Husain Chauhan	Director & Chief Financial Officer	November 01,2013	-
2.	Mr. Aftab Alam	Director (Non-Executive, Independent Director)	February 01,2017	July 10, 2025
3.	Ms. Merle Dsa	Director (Non-Executive, Independent Director)	September 03,2015	-
4.	Ms. Karishma Parag Ashar	Company Secretary and Compliance Officer	June 25, 2024	September 27, 2024
5.	Mr. Mithun Patel	Company Secretary and Compliance Officer	September 27, 2024	-
6.	Mr. Arshad Nawaz Khan	Manager	May 20, 2016	-

RETIREMENT BY ROTATION:

Pursuant to Section 152 of the Companies Act, 2013 and in terms of the Articles of Association of the Company, Mr. Anwar Husain Chauhan, Director, retires by rotation at the ensuing Annual General Meeting and being eligible, offers himself for re-appointment. Your Board has recommended his reappointment.

Additional information, pursuant to Regulation 36(3) of the Listing Regulations, in respect of the Directors seeking appointment/re-appointment in AGM, forms a part of the Notice.

None of the Directors of the Company are disqualified for being appointed as Directors as specified in Section 164(2) of the Companies Act, 2013 ("the Act") and Rule 14(1) of the Companies (Appointment and Qualification of Directors) Rules, 2014.

STATEMENT REGARDING OPINION OF THE BOARD WITH REGARD TO INTEGRITY, EXPERTISE AND EXPERIENCE (INCLUDING PROFICIENCY) OF THE INDEPENDENT DIRECTORS APPOINTED DURING THE YEAR:

Pursuant to the provisions of Section 149(6) of the Companies Act, 2013 read with the applicable rules framed thereunder, and SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 the Board of Directors has evaluated the integrity, expertise, experience, and overall proficiency of the Independent Directors appointed during the financial year under review.

The Board has reviewed and assessed their background, qualifications, professional experience, and proficiency, and is of the opinion that the Independent Directors of the Company possess the requisite integrity, domain knowledge, leadership skills, and industry insight necessary to discharge their duties as Independent Directors. Their diverse experience and perspectives are expected to contribute meaningfully to the deliberations of the Board and enhance the overall governance standards of the Company.

Accordingly, the Board affirms that they meet the criteria prescribed under the Companies Act, 2013 for appointment as Independent Directors and brings with them significant value in terms of independent judgment and strategic oversight.

NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS:

The Board of Directors duly met 6 (Six) times during the Financial Year. The dates on which meetings were held are May 24, 2024; June 25, 2024; August 12, 2024; September 27, 2024; November 11, 2024, and February 06, 2025.

The maximum gap between any two consecutive meetings was less than one hundred and twenty days, as stipulated under the Companies Act, 2013 and Secretarial Standards. A necessary quorum was present in all the Board meetings.

The details of each date of the meeting along with the percentage of attendance are as follows:

Sr. No.	Date of Meeting		Total numbers of Directors as on the date of meeting			Attendance
						Number of Directors attended		Percentage of attendance
1	May 24, 2024		3			3		100
2	June 25, 2024		3			3		100
3	August 12, 2024		3			3		100
4	September 27, 2024		3			3		100
5	November 11, 2024		3			3		100
6	February 06, 2025		3			3		100
ATTENDANCE OF DIRECTORS The attendance details of Directors at the Board Meetings held during the financial year ended March 31, 2025, and at last AGM are as under:
Name of Director		Category		Number o	Meetings		Attendance at the last AGM
				Held	Attended		Held on September 26, 2024
Mr. Anwar Husain Chauhan		Director & Chief Financial Officer		6	6		Yes
Mr. Aftab Alam		Non-Executive, Independent		6	6		Yes
Ms. Merle Dsa		Non-Executive, Independent		6	6		Yes

STATEMENT ON FORMAL ANNUAL EVALUATION OF THE BOARD, ITS COMMITTEES, AND INDIVIDUAL DIRECTORS:

The Board of Directors has carried out an annual evaluation of its own performance, Board Committees and Individual Directors pursuant to the provisions of the Act and in accordance with the requirements prescribed under the Listing Regulations.

The performance of the Directors was evaluated by the Board after seeking inputs from all the Directors on the basis of the criteria such as the Board Composition and Structure, Effectiveness of Board Processes, Contribution at the Meetings, Information and Functioning, etc.

The performance of the Committees was evaluated by the Board after seeking input from Committee Members on the basis of the criteria such as the Composition of Committees, Effectiveness of CommitteeMeetings, etc.

The Board reviewed the performance of the Individual Directors on the basis of the criteria such as the contribution of the Individual Director to the Board and Committee Meetings like preparedness on the issues to be discussed, meaningful and constructive contribution and inputs in meetings, etc. In addition, the Chairman was also evaluated on the key aspects of his role.

In a separate meeting of Independent Directors:

i) Performance of Non-Independent Directors and the Board as a whole was evaluated;

ii) Performance of the Chairman of the Company, taking into account the views of all the Directors was evaluated;

iii) The quality, quantity and timeliness of the flow of information between the Company Management and the Board that was necessary for the Board to effectively and efficiently perform their duties was evaluated.

The same was discussed in the Board Meeting held subsequently to the meeting of the Independent Directors. The performance of the Board, its committees and of Individual Directors was also reviewed by the Board. The performance evaluation of Independent Directors was done by the entire Board, excluding the Independent Director being evaluated.

BOARD COMMITTEES AND ITS MEMBERS:

The Board of Directors constituted the following Statutory Committees in compliance with the provisions of the Companies Act, 2013 and the applicable rules thereunder. These Committees were formed to bolster the governance framework and ensure greater transparency, accountability, and oversight in the decision-making processes of the Company:

1) Audit Committee (ACM)

2) Nomination and Remuneration Committee (NRC)

3) Independent Directors (ID)

These Committees were formally constituted with defined roles, responsibilities, and terms of reference as required under Sections 177, 178 and Schedule IV of the Companies Act, 2013, Regulation 18, 19 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The constitution of these Committees reflects the Company''s commitment to maintaining the highest standards of corporate governance.

The details of the Committee as on March 31, 2025, are as follows:

Committee	Members
Audit Committee (ACM)	1) Mr. Anwar Husain Chauhan 2) Mr. Aftab Alam (resigned w.e.f. July 10, 2025) 3) Ms. Merle Dsa
Nomination & Remuneration Committee (NRC)	1) Mr. Anwar Husain Chauhan 2) Mr. Aftab Alam (resigned w.e.f. July 10, 2025) 3) Ms. Merle Dsa
Independent Directors (ID)	1) Mr. Aftab Alam (resigned w.e.f. July 10, 2025) 2) Ms. Merle Dsa

Note: Ms. Mala Todarwal has appointed as an Independent Director of the Company and also appointed as the member of the Audit Committee, Nomination & Remuneration Committee and Independent Director Committee in place of Mr. Aftab Alam in the Board Meeting dated July 10, 2025.

AUDIT COMMITTEE:

The Audit Committee of the Company comprises of Mr. Aftab Alam, Mr. Anwar Husain Chauhan and Ms. Merle Dsa as its members. During the financial year 2024-25, the Committee met on May 24, 2024; August 12, 2024; November 11, 2024, and February 06, 2025. The same was attended by all Committee Members. The recommendations made by the Audit Committee were accepted by the Board of Directors of the Company.

Attendance of Members at the committee meetings held during the financial year ended March 31, 2025:

Name of Member	Audit Committee Meeting
	Held	Attended
Mr. Aftab Alam*	4	4
Mr. Anwar Husain Chauhan	4	4
Ms. Merle Dsa	4	4

* Ms. Mala Arun Todarwal appointed as a Member of the Audit Committee in place of Mr. Aftab Alam w.e.f. July 10, 2025.

The Company Secretary of the Company acted as the Secretary to the Audit Committee.

NOMINATION AND REMUNERATION COMMITTEE:

The Nomination and Remuneration Committee of the Company comprises of Mr. Anwar Chauhan, Ms. Merle Dsa and Mr.Aftab Alam. During the financial year 2024-25, the Committee met on June 25, 2024; September 27, 2024, and February 06, 2025, the same was attended by all Committee Members.

Attendance of Members at the committee meetings held during the financial year ended March 31, 2025:

Name of Member	Nomination & Remuneration Committee Meeting
	Held	Attended
Mr. Aftab Alam*	3	3
Mr. Anwar Husain Chauhan	3	3
Ms. Merle Dsa	3	3

* Ms. Mala Arun Todarwal appointed as a Member of the Nomination & Remuneration Committee in place of Mr. Aftab Alam w.e.f. July 10, 2025.

The Company Secretary of the Company acted as the Secretary to the Nomination and Remuneration Committee.

DECLARATION BY INDEPENDENT DIRECTORS

All the Independent Directors have submitted their disclosures to the Board that they fulfil all the requirements as stipulated under Section 149(6) of the Companies Act, 2013.

There has been no change in the circumstances affecting their status as Independent Directors of the Company so as to qualify themselves to be appointed as Independent Directors under the provisions of the Companies Act, 2013 and the relevant regulations.

DISCLOSURE UNDER SECTION 178(1) AND 178(3) OF THE COMPANIES ACT, 2013 - POLICY ON DIRECTORS'' APPOINTMENT AND REMUNERATION:

Pursuant to the provisions of Section 178(1) of the Companies Act, 2013, the Company has duly constituted a Nomination and Remuneration Committee (NRC) comprising a majority of Independent Directors. The Committee functions in accordance with the authority and responsibilities set out under Section 178 of the Act and relevant Rules and provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the extent applicable.

In compliance with the requirements of Section 178(3) of the Companies Act, 2013, the Nomination and Remuneration Committee has formulated a comprehensive Nomination and Remuneration Policy, which, inter alia, provides a framework for:

a. Criteria for determining qualifications, positive attributes, and independence of a director;

b. Guidelines relating to the appointment and removal of Directors, Key Managerial Personnel (KMP), and Senior Management;

c. Principles guiding the evaluation of performance of the Board and individual directors;

d. Structure of remuneration including fixed and variable components, performance-linked incentives, and benefits applicable to Directors, KMPs, and Senior Management Personnel;

e. Ensuring that remuneration and terms of appointment are in alignment with the industry benchmarks, role complexities, and long-term interests of the Company and its stakeholders.

The Policy aims to ensure that the level and composition of remuneration is reasonable and sufficient to attract, retain and motivate individuals of high calibre who are capable of enhancing the Company''s performance and value.

It also ensures that the relationship of remuneration to performance is clear and meets appropriate performance benchmarks.

REMUNERATION OF THE DIRECTORS / KEY MANAGERIAL PERSONNEL (KMP):

During the year under review no remuneration was paid to any Director and Key Managerial Personnel (KMP).

REMUNERATION OF EMPLOYEES:

In terms of the provisions of Section 197(12) of the Companies Act, 2013 read with Rule 5(2) and 5(3) of the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014, no employee ofthe Company is drawing remuneration in excess of the limits set out in the said rules.

VIGIL MECHANISM:

Pursuant to the requirement laid down in the Companies Act, 2013, the Company has established Vigil Mechanism. The Vigil Mechanism/ Whistle Blower Policy provides adequate safeguards against victimization of persons who use such mechanism and make provision for direct access to the Chairman of the Audit Committee in appropriate cases. It is affirmed that no person has been denied access to the Chairman of the Audit Committee. The Whistle Blower Policy has been placed on the website of the Company.

During the Financial Year 2024-25, there was no complaint reported by any Director or Employee of theCompany under this mechanism.

SEXUAL HARRASMENT AT WORKPLACE:

The Company has formulated a Policy on prevention of Sexual Harassment in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder which is aimed at providing every woman at the workplace a safe, secure and dignified work environment.

The Company has complied with the applicable provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder, including constitution of the Sexual Harassment Committee i.e., Internal Complaints Committee (ICC) tasked with addressing and resolving complaints related to sexual harassment. The ICC operates with utmost fairness, confidentiality, and promptness, fostering a workplace culture that is free from harassment, discrimination, and intimidation.

The Company remains deeply committed to upholding the spirit and letter of the Act, continuously promoting a respectful, inclusive, and supportive environment for all its employees.

Particulars	No. of Compliant
Complaints as on April 1, 2024	Nil
Complaints filed during Financial Year 2024-25	Nil
Complaints disposed off during Financial Year 2024-25	Nil
Complaints pending for a period exceeding ninety days	Nil
Complaints pending as on March 31, 2025	Nil

MATERNITY BENEFIT COMPLIANCE:

The Board places on record its assurance that the Company has maintained a compliant and supportive environment in accordance with the spirit and intent of the Maternity Benefit Act, and will continue to enhance employee-centric practices that promote diversity, equity, and inclusion across the organization.

STATEMENT ON EMPLOYEE COMPOSITION:

As on the closure of the financial year, the Company has employed two individuals. The workforce comprised of male employees. There were no female & transgender employees recorded during the period under review.

AUDITORS AND AUDIT REPORT:STATUTORY AUDITORS AND AUDIT REPORT:

DKP & Associates, Chartered Accountant(s), Mumbai were appointed as the Statutory Auditor(s) of the Company for a period of 5 years from the conclusion of the 40^th Annual General Meeting held on Friday, September 30, 2022 till the conclusion of 45^th Annual General Meeting to be held in the year 2027 in terms of Section 139 & 141 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit & Auditors) Rule, 2014.

The report of the Statutory Auditors along with Notes to Schedules is a part of the Annual Report. There has been no qualification, reservation, adverse remark or disclaimer given by the Auditors in their Report.

FRAUDS REPORTING BY AUDITORS:

Pursuant to the provisions of Section 143(12) of the Companies Act, 2013 read with Rule 13 of the Companies (Audit and Auditors) Rules, 2014, the Board of Directors confirms that no instances of fraud by the Company or any fraud on the Company by its officers or employees have been reported by the Statutory Auditors during the financial year 2024-25.

The absence of any such reporting underscores the Company''s strong commitment to ethical governance, robust internal controls, and sound financial practices. The Board continues to maintain vigilant oversight over the Company''s operations to ensure compliance, transparency, and integrity across all levels of the organization.

SECRETARIAL AUDITOR AND SECRETARIAL AUDIT REPORT:

Pursuant to Section 204 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, Regulation 24 A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Company appointed A. A. Mulla & Associates, Practicing Company Secretaries, to conduct the Secretarial Audit of the Company. The Secretarial Audit Report submitted by Company Secretary in Practice is given in the Annexure-D to this report.

INTERNAL AUDITOR:

The Board of Directors had appointed an Internal Auditor of the Company for Financial Year 2024-25 to carry out Internal Audit with due care and precision.

MAINTENANCE OF COST RECORDS:

Pursuant to Section 148(1) of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Rules, 2014, the maintenance of cost records as prescribed by the Central Government is not applicable to the Company for the financial year 2024-25. Accordingly, the Company is not required to make or maintain such cost records during the year under review.

ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE FINANCIAL STATEMENTS:

The Board of Directors affirms that the Company has established and maintained an adequate and effective internal financial control system, in accordance with the provisions of Section 134(5)(e) of the Companies Act, 2013, read with Rule 8(5)(viii) of the Companies (Accounts) Rules, 2014.

These internal financial controls have been designed to provide reasonable assurance regarding the reliability of financial reporting, the preparation of financial statements for external purposes in accordance with applicable accounting standards, and the effectiveness and efficiency of operations, compliance with applicable laws and regulations, and safeguarding of assets.

During the year under review, the internal control framework was assessed and tested by both internal and statutory auditors, and no material weaknesses or significant deficiencies were observed that could potentially impact the Company''s financial reporting or controls.

Further, the internal audit processes—undertaken independently and periodically-provided assurance on the adequacy and operating effectiveness of these controls. The Audit Committee of the Board also regularly reviews and monitors the internal control systems and audit findings to ensure timely corrective measures and continuous improvement.

Based on the assessment carried out by the management and the reviews conducted by the Internal Auditors, Statutory Auditors, and the Audit Committee, the Board is of the opinion that the Company has, in all material respects, adequate internal financial controls with reference to the financial statements and that such controls are operating effectively.

HOLDING, SUBISIDIARY, JOINT VENTURE AND ASSOCIATE COMPANY:

The Company does not have any Holding/ Subsidiary/ Joint Venture by way of shareholding of the Company but has One Associate Company i.e., Mercury Paints and Varnishes Private Limited.

The Statement in Form AOC-1 containing salient features of the financial statement of the Associate Company is attached herewith as Annexure-C.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

As required under Regulation 34(2)(e) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the Management Discussion and Analysis Report is attached herewith as Annexure-A.

CORPORATE GOVERNANCE REPORT:

As per the latest Audited Financial Statements the paid-up Equity Share Capital and Net-Worth are less than Rs. 10 crore and Rs. 25 crores respectively therefore the Corporate Governance under Regulation 27(2) of SEBI (Listing Obligations and Disclosure Requirements, 2015) are not applicable to the Company.

EXTRACT OF ANNUAL RETURN

Pursuant to the provisions of Section 134(3)(a) of the Act and the rules framed thereunder, the Annual Return for the Financial Year ended March 31, 2025 made under the provisions of Section 92(3) of the Act, will be available on the website of the Company i.e. www.alna.co.in after filing the same with the ROC.

SECRETARIAL STANDARDS:

The Board of Directors affirms that the Company has complied with all applicable Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) and notified by the Ministry of Corporate Affairs under the Companies Act, 2013. The Company remains committed to maintaining the highest standards of corporate governance and statutory compliance in all its secretarial practices.

DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013, Directors of your Company hereby state and confirm that:

a) in the preparation of the annual accounts for the year ended March 31, 2024, the applicable accounting standards have been followed along with proper explanation relating to material departures;

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 the same period;

c) 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;

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

e) they have laid down Internal Financial Controls in the Company that are adequate and are operating effectively.

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

LISTING:

The Equity shares of the Company are listed on BSE Limited. The Company has paid the requisite Listing fees to the Stock Exchanges for the financial year 2025-26.

DEMATERIALIZATION OF SHARES:

Out of the total Promoter''s Holdings, around 144,300 (99.30%) Equity Shares of Rs. 10/- each have been dematerialized. The rest 1000 (0.70%) Equity Shares of the Promoter''s Holding is in the process of demat.

CHANGE IN THE NAME OF THE REGISTRAR AND SHARE TRANSFER AGENT OF THE COMPANY:The name of Registrar and Transfer Agent of the Company is changed to MUFG Intime India Private Limited (RTA) from Link Intime India Private Limited, with effect from December 31, 2024. This is pursuant to acquisition of Link Group by Mitsubishi UFJ Trust & Banking Corporation, by way of scheme of arrangement.

ADDITIONAL GENERAL SHAREHOLDING INFORMATION.

The Additional General Shareholding Information and Distribution of Shareholding as on March 31, 2025 is attached herewith as Annexure-B.

GREEN INITIATIVES:

Electronic copies of Annual Report 2024-25 will also be sent to all the Members who have registered their email address with the Company/Depository Participant(s).

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS:

No significant and material order has been passed by any Regulator(s), Court(s) and Tribunal(s) impacting the going concern status and the Company''s operations in future.

INSOLVENCY AND BANKRUPTCY CODE, 2016:

There are no proceedings, initiated by any Financial Creditor or Operational Creditor or by the Company under the Insolvency and Bankruptcy Code, 2016 as amended, before National Company Law Tribunal or other courts during the financial year 2024-25.

ONETIME SETTLEMENT:

There was no instance of Onetime Settlement with any Bank or Financial Institution during the year under review.

APPRECIATION AND ACKNOWLEDGEMENT:

Your Directors would like to express their appreciation for the assistance and co-operation received from the government authorities, banks, customers, business associates and members during the year under review. Your Directors also wish to place on record their deep sense of appreciation for the committed services by the executives, staff and workers of the Company.

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Mar 31, 2024

Your Directors have pleasure in presenting to you the 42^nd Annual Report of the Company and the
Audited Financial Statements for the year ended March 31, 2024.

FINANCIAL RESULTS:

The Financial Highlights of the Company are as under:

Particulars	Mar 31, 2024	Mar 31, 2023
Revenue from Operations	93.28	64.50
Other Income	1.52	1.00
Total Revenue	94.80	65.50
Total Expenses	93.01	64.00
Profit/(Loss) from ordinary activities before exceptional items	1.79	1.49
Exceptional Items	-	-
Profit/(Loss) from ordinary activities before tax	1.79	1.49
Tax Expenses	0.49	0.42
Net Profit/ (Loss) for the Period after tax	1.30	1.07

REVIEW OF OPERATIONS:

During the year under review, the Company has earned a Total Income of INR 94.80 Lakhs.

The Net Profit of the Company is INR 1.30 Lakhs in the current year as compared to profit of INR 1.07
Lakhs in the previous year.

TRANSFER TO RESERVES:

The Company did not transfer any amounts to the General Reserve during the year.

DIVIDEND:

The Board of Directors of your Company do not recommend any dividend for the year under review.
AUTHORISED & PAID-UP SHARE CAPITAL:

During the year under review, there has been no change in the Authorized and paid-up Share Capital
of the Company.

The Authorized Share Capital of the Company is Rs. 50,00,000/- (Rupees Fifty Lakh Only) divided in to
2,50,000 (Two Lakhs Fifty Thousand) Equity shares of Rs. 10/- (Rupees Ten Only) each and 2,50,000
(Two Lakhs Fifty Thousand) Unclassified Shares of Rs. 10/- (Rupees Ten Only) each.

The paid-up Share Capital of the Company is Rs. 20,00,000/- (Rupees Twenty Lakh Only) divided in to
2,00,000 (Two Lakhs) Equity shares of Rs. 10/- (Rupees Ten Only) each.

LISTING:

The Equity shares of the Company are listed on BSE Limited. The Company has paid the requisite Listing
fees to the Stock Exchanges for the financial year 2024-25.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT:

As required under Regulation 34(2)(e) of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”), the Management Discussion and Analysis Report is attached
herewith as Annexure-A.

CORPORATE GOVERNANCE REPORT:

As per the latest Audited Financial Statements the paid-up Equity Share Capital and Net-Worth are less
than Rs. 10 crore and Rs. 25 crores respectively therefore the Corporate Governance under Regulation
27(2) of SEBI (Listing Obligations and Disclosure Requirements, 2015) are not applicable to the
Company.

ADDITIONAL GENERAL SHAREHOLDING INFORMATION.

The Additional General Shareholding Information and Distribution of Shareholding as on March 31,2024
is attached herewith as Annexure-B.

HOLDING. SUBISIDIARY. JOINT VENTURE AND ASSOCIATE COMPANY:

The Company does not have any Holding/ Subsidiary/ Joint Venture but has One Associate Company i.e.,
Mercury Paints and Varnishes Private Limited.

The Statement in Form AOC-1 containing salient features of the financial statement of the Associate
Company is attached herewith as Annexure-C.

DIRECTORS AND KEY MANAGERIAL PERSONNELS:

Sr. No.	Name of Director	Designation	Appointment Date	Cessation Date
1.	Mr. Anwar Husain Chauhan	Director & Chief Financial Officer	November 01,2013	-
2.	Mr. Aftab Alam	Director (Non-Executive, IndependentDirector)	February 01,2017	-
3.	Mrs. Merle Dsa	Director (Non-Executive, IndependentDirector)	September 03,2015	-
4.	Mr. Prakashchandra Gopaldutt Khulbe	Company Secretary and Compliance Officer	December 01, 2018	March 30, 2024
5.	Ms. Karishma Parag Ashar	Company Secretary and Compliance Officer	June 25, 2024	-
6.	Mr. Arshad Nawaz Khan	Manager	May 20, 2016	-

Pursuant to Section 152 of the Companies Act, 2013 and in terms of the Articles of Association of the
Company, Mr. Anwar Husain Chauhan, Director, retires by rotation at the ensuing Annual General
Meeting and being eligible, offers himself for re-appointment. Your Board has recommended his re¬
appointment.

Additional information, pursuant to Regulation 36(3) of the Listing Regulations, in respect of the
Directors seeking appointment/re-appointment in AGM, forms a part of the Notice.

None of the Directors of the Company are disqualified for being appointed as Directors as specified in
Section 164(2) of the Companies Act, 2013 (“the Act”) and Rule 14(1) of the Companies (Appointment
and Qualification of Directors) Rules, 2014.

Mr. Prakashchandra Gopaldutt Khulbe, the Company Secretary and Compliance Officer of the Company
resigned on March 30, 2024, and Ms. Karishma Parag Ashar has been appointed as the Company
Secretary and Compliance Officer of the Company w.e.f. June 25, 2024.

RELATED PARTY TRANSACTIONS:

All related party transactions, if any that were entered into during the financial year were on an Arm''s
Length Basis and were in the ordinary course of business. There are no materially significant related
party transactions made by your Company with Promoters, Directors, Key Managerial Personnel or other
designated persons which require prior approval of Shareholders or may have a potential conflict with
the interest of your Company at large.

All related party transactions were placed before the Audit Committee and also before the Board for
approval. Prior Omnibus approval of the Audit Committee is obtained for the transactions which are
foreseeable and repetitive in nature.

None of the transactions with related parties falls under the scope of Section 188(1) of the Companies
Act, 2013. However, as a matter of disclosure, particulars of contracts or arrangements with related
parties are provided in Annexure-D in Form AOC-2 pursuant to Section 134(3)(h) of the Act read with
Rule 8(2) of the Companies (Accounts) Rules, 2014 and forms part of this report.

DIRECTORS RESPONSIBILITY STATEMENT:

Pursuant to Section 134(5) of the Companies Act, 2013, Directors of your Company hereby state and
confirm that:

a) in the preparation of the annual accounts for the year ended March 31, 2024, the applicable
accounting standards have been followed along with proper explanation relating to material departures;

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 the same period;

c) 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;

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

e) they have laid down Internal Financial Controls in the Company that are adequate and are operating
effectively.

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

No remuneration was paid to any Director and KMP, except Mr. Prakashchandra Gopaldutt Khulbe,
Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company.

BOARD EVALUATION:

The Board of Directors has carried out an annual evaluation of its own performance, Board Committees
and individual Directors pursuant to the provisions of the Act and in accordance with the requirements
prescribed under the Listing Regulations.

The performance of the Directors was evaluated by the Board after seeking inputs from all the Directors
on the basis of the criteria such as the Board Composition and Structure, Effectiveness of Board
Processes, Contribution at the Meetings, Information and Functioning, etc.

The performance of the Committees was evaluated by the Board after seeking input from Committee
Members on the basis of the criteria such as the Composition of Committees, Effectiveness of Committee
Meetings, etc.

The Board reviewed the performance of the individual Directors on the basis of the criteria such as the
contribution of the individual Director to the Board and Committee Meetings like preparedness on the
issues to be discussed, meaningful and constructive contribution and inputs in meetings, etc. In addition,
the Chairman was also evaluated on the key aspects of his role.

The above criteria are based on the Guidance Note on Board Evaluation issued by the Securities and
Exchange Board of India on January 05, 2017.

In a separate meeting of Independent Directors:

i) Performance of Non-Independent Directors and the Board as a whole was evaluated;

ii) Performance of the Chairman of the Company, taking into account the views of all the Directors was
evaluated;

iii) The quality, quantity and timeliness of the flow of information between the Company Management
and the Board that was necessary for the Board to effectively and efficiently perform their duties was
evaluated.

The same was discussed in the Board Meeting held subsequently to the meeting of the Independent
Directors. The performance of the Board, its committees and of individual Directors was also reviewed
by the Board. The performance evaluation of Independent Directors was done by the entire Board,
excluding the Independent Director being evaluated.

NUMBER OF MEETINGS OF THE BOARD OF DIRECTORS:

The Board of Directors duly met 5 (Five) times during the Financial Year from April 01, 2023, to March
31, 2024. The dates on which meetings were held are May 19, 2023, August 08, 2023, November 10, 2023,
February 08, 2024 and March 30, 2024.

The gap between two Board Meetings didn''t exceed 120 days as per Section 173 of the Companies Act,
2013

ATTENDANCE OF DIRECTORS

Attendance of Directors at the Board Meetings held during the financial year ended March 31, 2024 and
at last AGM are as under:

Name of Director	Category	Number of Meetings		Attendance at the last AGM
		Held	Attended	Held on September 28, 2023
Mr. Anwar Husain Chauhan	Director & Chief Financial Officer	5	5	No
Mr. Aftab Alam	Non-Executive, Independent	5	5	Yes
Mrs. Merle Dsa	Non-Executive, Independent	5	2	Yes

AUDIT COMMITTEE:

The Audit Committee of the Company comprises of Mr. Aftab Alam, Mr. Anwar Husain Chauhan and Mrs.
Merle Dsa as its members. During the financial year 2023-24, the Committee met on May 19, 2023, August
08, 2023, November 10, 2023, and February 08, 2024. The same was attended by all Committee Members.
The recommendations made by the Audit Committee were accepted by the Board of Directors of the
Company.

Attendance of Members at the committee meetings held during the financial year ended March 31, 2024:

Name of Member	Audit Committee Meeting
	Held	Attended
Mr. Aftab Alam	4	4
Mr. Anwar Husain Chauhan	4	4
Mrs. Merle Dsa	4	4

The Company Secretary and Compliance Officer acted as the Secretary to the Audit Committee.
NOMINATION AND REMUNERATION COMMITTEE:

The Remuneration Committee of the Company comprises of Mr. Anwar Chauhan, Ms. Merle Dsa and Mr.
Aftab Alam. During the financial year 2023-24, the Committee met on February 08, 2024, the same was
attended by all Committee Members.

The Company Secretary and Compliance Officer acted as the Secretary to the Nomination and
Remuneration Committee.

INTERNAL AUDITOR:

The Board of Directors had appointed an Internal Auditor of the Company for Financial Year 2023-24 to
carry out Internal Audit with due care and precision.

MATERIAL CHANGES AND COMMITMENTS

There are no material changes and commitments affecting the financial position of the Company which
have occurred between the end of the financial year of the Company to which financial statement relate
and the date of the Board Report.

All the Independent Directors have submitted their disclosures to the Board that they fulfil all the
requirements as stipulated under Section 149(6) of the Companies Act, 2013.

There has been no change in the circumstances affecting their status as Independent Directors of the
Company so as to qualify themselves to be appointed as Independent Directors under the provisions of
the Companies Act, 2013 and the relevant regulations.

PUBLIC DEPOSITS:

During the year under review, your Company has neither accepted nor renewed any deposits from public
within the meaning of Section 73 of the Companies Act, 2013 read with Companies Acceptance of
Deposits) Rules, 2014.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND
OUTGO:

Information pursuant to section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the
Companies (Accounts) Rules, 2014, is not applicable to your Company, hence no information is disclosed.

CORPORATE SOCIAL RESPONSIBILITY (CSR):

The provisions of CSR as contained in the Companies Act, 2013 are not applicable to the Company.

RISK MANAGEMENT:

The Company follows well-established and detailed risk assessment and minimization procedures,
which are periodically reviewed by the Board. The Company has in place a business risk management
framework for identifying risks and opportunities that may have a bearing on the organization''s
objectives, assessing them in terms of likelihood and magnitude of impact and determining a response
strategy.

The Senior Management assists the Board in its oversight of the Company''s management of key risks,
including strategic and operational risks, as well as the guidelines, policies and processes for monitoring
and mitigating such risks under the aegis of the overall business risk management framework.

VIGIL MECHANISM:

Pursuant to requirement laid down in the Companies Act, 2013, the Company has established Vigil
Mechanism. The Vigil Mechanism/ Whistle Blower Policy provides adequate safeguards against
victimization of persons who use such mechanism and make provision for direct access to the Chairman
(Mr. Aftab Alam) of the Audit Committee in appropriate cases. It is affirmed that no person has been
denied access to the Chairman of the Audit Committee. The Whistle Blower Policy has been placed on the
website of the Company.

During the Financial Year 2023-24, there was no complaint reported by any Director or Employee of the
Company under this mechanism.

SEXUAL HARRASMENT AT WORKPLACE:

The Company has formulated a Policy on prevention of Sexual Harassment in accordance with the
provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal)
Act, 2013 and the Rules made thereunder which is aimed at providing every woman at the workplace a
safe, secure and dignified work environment.

The Company has complied with the applicable provisions of the Sexual Harassment of Women at
Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the Rules made thereunder, including
constitution of the Sexual Harassment Committee i.e., Internal Complaints Committee.

Particulars	No. of Compliant
Complaints as on April 1, 2023	Nil
Complaints filed during Financial Year 2023-24	Nil
Complaints disposed off during Financial Year 2023-24	Nil
Complaints pending as on March 31, 2024	Nil

PARTICULARS OF EMPLOYEES AND RELATED DISCLOSURES:

In terms of the provisions of Section 197(12) of the Companies Act, 2013 read with Rule 5(2) and 5(3)
of the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014, no employee of
the Company is drawing remuneration in excess of the limits set out in the said rules.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:

The information of Loans, Guarantees and Investments covered under the provisions of Section 186 of
the Companies Act, 2013 is given under Note No.2 forming part of the accounts.

AUDITORS AND AUDIT REPORT:

Statutory Auditors and Audit Report:

M/s. DKP & Associates, Chartered Accountant(s), Mumbai were appointed as the Statutory Auditor(s) of
the Company for a period of 5 years from the conclusion of the 40^th Annual General Meeting held on
Friday, September 30, 2022 till the conclusion of 45^th Annual General Meeting to be held in the year 2027
in terms of Section 139 & 141 and other applicable provisions, if any, of the Companies Act, 2013 read
with the Companies (Audit & Auditors) Rule, 2014.

The report of the Statutory Auditors along with Notes to Schedules is a part of the Annual Report. There
has been no qualification, reservation, adverse remark or disclaimer given by the Auditors in their
Report.

Secretarial Auditor and Secretarial Audit Report:

Pursuant to Section 204 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment
and Remuneration of Managerial Personnel) Rules, 2014, the Company appointed M/s. A. A. Mulla &
Associates, Practicing Company Secretaries, to conduct the Secretarial Audit of the Company. The
Secretarial Audit Report submitted by Company Secretary in Practice is given in the Annexure-E to this
report.

The Secretarial Auditor report contains two observations which Directors have discussed in detail, and
they are hopeful to get it complied in current financial year.

The Company has appointed Secretarial Auditor for the Financial Year 2024-25.

EXTRACT OF ANNUAL RETURN

Pursuant to the provisions of Section 134(3)(a) of the Act and the rules framed thereunder, the Annual
Return for the Financial Year ended March 31, 2024 made under the provisions of Section 92(3) of the
Act, is available on the website of the Company i.e. www.alna.co.in.

DEMATERIALIZATION OF SHARES:

Out of the total Promoter''s Holdings, around 143,300 (98.63%) Equity Shares of Rs. 10/- each have been
dematerialized. The rest 2000 (1.37%) Equity Shares of the Promoter''s Holding is in the process of
demat.

REGISTRAR AND SHARE TRANSFER AGENT OF THE COMPANY:

Link Intime India Private Limited will act as the Registrar and Share Transfer Agent ("RTA") of the
Company.

GREEN INITIATIVES:

Electronic copies of Annual Report 2023-24 will be sent to all the Members who have registered their
email address with the Company/Depository Participant(s).

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS:

No significant and material order has been passed by any Regulator(s), Court(s) and Tribunal(s)
impacting the going concern status and the Company''s operations in future.

INSOLVENCY AND BANKRUPTCY CODE. 2016:

There are no proceedings, initiated by any Financial Creditor or Operational Creditor or by the Company
under the Insolvency and Bankruptcy Code, 2016 as amended, before National Company Law Tribunal
or other courts during the financial year 2023-24.

ONETIME SETTLEMENT:

There was no instance of Onetime Settlement with any Bank or Financial Institution during the year
under review.

APPRECIATION AND ACKNOWLEDGEMENT:

Your Directors would like to express their appreciation for the assistance and co-operation received from
the government authorities, banks, customers, business associates and members during the year under
review. Your Directors also wish to place on record their deep sense of appreciation for the committed
services by the executives, staff and workers of the Company.

For and on behalf of the Board of Directors
For Alna Trading and Exports Limited

Sd/- Sd/-

Anwar Husain Chauhan Aftab Alam

Director & CFO Director

DIN:00322114 DIN: 06873806

Place: Mumbai
Dated: August 12, 2024

Registered Office:

Allana House, Allana Road,

Colaba, Mumbai-400 001.

---

Mar 31, 2014

Dear Members

The Directors have pleasure in submitting their 32nd Annual Report together with the Audited Statements of Accounts for the year ended 31st March. 2014.

FINANCIAL RESULTS:

For the current For the previous year ended year ended

31.03.2014 31.03.2013

(Amount in Rs.) (Amount in Rs.)

Gross Revenue 2,30,72,934 1,26,72,300

Profit for the period before Depreciation and Taxation 2,55,714 2,36,583

Less: Depreciation 34,911 36,850

Profit before tax 2,20,803 1,99,733

Provision for Taxation

Current Tax 40,000 32,600

Deferred Tax (132) (162) 32,438

(Excess)/Short tax provision for earlier years (553) 39,315 -

Profit after Tax 1,81,488 1,67,295

Add/(Less): Brought forward profit of earlier year 1,38,46,506 1,36,79,211

Balance carried forward to Balance Sheet 1,40,27,994 1,38,46,506

REVIEW OF OPERATIONS:

During the year under Report, the turnover of the Company amounted to Rs. 2,30,72,934/- as compared to the previous year turnover of Rs. 1,26,72,300/-. Other income amounted to Rs. 96,789/- as against Rs. 95,673/- in the previous year.

Net Profit for the year is Rs. 1.81 lacs as compared to Rs. 1.67 lacs in the previous year.

DIVIDEND:

With a view to strengthen the financial position of the Company and to retain funds required for the operations of the Company the Directors have not recommended any dividend out of the current year''s profit

FIXED DEPOSITS:

The Company does not have any deposits remaining unclaimed and/or claimed but not paid for which information is required to be given in this Report.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:

Information pursuant to section 217(l)(e) of the Companies Act, 1956 read with the Companies Act, 1956 (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, relating to Conservation of Energy and Technology Absorption is not applicable to your Company, hence no information is disclosed in this regard.

The Company has however earned Foreign Exchange of Rs. 2,25,82,345/- (Previous Year Rs. 1,24,19,778/-) and did not incurred any Foreign Exchange outgo during the current year as given in Note 20 of notes forming part of accounts.

PARTICULARS OF EMPLOYEES:

The Company has not paid any Salary above the prescribed limit to any of its employees, for which the statement is required to be appended to this Report.

DIRECTORATE:

The Board of Directors, at its meeting held on 01st November, 2013, has appointed Mr. Sunil Hemchand Patel as a Director of the Company in the casual vacancy caused by the resignation of Mr. M.J. Parekh. Mr. Sunil Hemchand Patel, holds office up to the date of this meeting and is eligible for appointment (and in respect of whom Notice in writing under section 160 of the Companies Act, 2013 has been received from a member by the Company) as a Director of the Company and is liable to retire by rotation.

The Board of Directors, at its meeting held on 01st November, 2013, has appointed Mr. Prasad Bhalchandra Kanekar as a Director of the Company in the casual vacancy caused by the resignation of Mr, K.C. Mehta. Mr. Prasad Bhalchandra Kanekar, holds office upto the date of this meeting and is eligible for appointment (and in respect of whom Notice in writing under sectionl60 of the Companies Act, 2013 has been received from a member by the Company) as a Director of the Company and is liable to retire by rotation.

The Board of Directors, at its meeting held on 01st November, 2013, has appointed Mr. Anwar Chauhan as a Director of the Company, in the casual vacancy caused by the resignation of Mr. K.C. Mehta. Mr. Anwar Chauhan, holds office upto the date of this meeting and is eligible for appointment (and in respect of whom Notice in writing under section 160 of the Companies Act, 2013 has been received from a member by the Company) as a Director of the Company and is liable to retire by rotation.

Mr, K.C. Mehta and Mr. M.J. Parekh have tendered their resignations vide dated 11th November, 2013 from Directorship and Mr. T.K. Gowrishankar has tendered his resignation vide letter dated 31st March, 2014 from Directorship. The Board would like to place on record their appreciations for the valuable contributions made by Mr. K.C. Mehta, Mr. M.J. Parekh and Mr. T.K. Gowrishankar during their tenure as Directors of the Board.

Pursuant to section 255 of the Companies Act, 1956, Mr. Anwar Chauhan is liable to retires by rotation and being eligible offer himself for re-appointment.

DIRECTORS'' RESPONSIBILITY STATEMENT:

The Directors confirm:-

a. that in the preparation of the annual accounts, the applicable accounting standards have been followed and that no material departures have been made from the same;

b. that 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. that they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d. that they have prepared the annual accounts on a going concern basis.

COMPLIANCE CERTIFICATE:

In accordance with section 383A of the Companies Act, 1956, and Companies (Compliance Certificate) Rules, 2001, the Company has obtained a certificate from a Company Secretary in whole time practice confirming that the Company has complied with all the provisions of the Companies Act, 1956 and a copy of such certificate is annexed to this Report.

AUDITORS'' REPORT REMARK:

Report of Auditors'' is self explanatory and does not require further elucidation.

AUDITORS:

M/s. Rdjendra & Company, Chartered Accountants, Mumbai, the Auditors of the Company hold office, upto the date of the conclusion of ensuing Annual General Meeting and are eligible for re-appointment. The Company has received the confirmation from the retiring Auditors that their appointment, if made at the Annual General Meeting would be within the limit stipulated under section 141(3)(9) of the Companies Act, 2013.

ACKNOWLEDGEMENTS:

The Directors take this opportunity to thank the Bankers for their continued help and co-operation. The Directors would also like to place on record the appreciation of the services rendered by the employees at all levels.

BY ORDER OF THE BOARD OF DIRECTORS For ALNA TRADING AND EXPORTS LIMITED

S.H. PATEL PLACE : MUMBAI (CHAIRMAN) DATED : 30th MAY, 2014 DIN: 02614134

REGISTERED OFFICE: Allana House, Allana Road, Colaba. Mumbai - 400 001.

---

Mar 31, 2013

To, The Members of M/s. ALNA TRADING AND EXPORTS LIMITED

Mumbai.

The Directors have pleasure in submitting their 31st Annnal Report together with the Audited Statements of Accounts for the year ended 31st March, 2013.

FINANCIAL RESULTS: For the current For the previous year ended year ended 31.03.2013 31.03.2012 (Amount in Rs.) (Amount in Rs.)

Gross Revenue 12,672,300 9,275,068

Profit for the period before Depreciation and 2,36,583 3,15,349 Taxation

Less: Depreciation 36,850 38,905

Profit before tax 1,99,733 2,76,444

Provision for Taxation

Current Tax 32,600 57,000

Deferred Tax (162) 32,438 (198) 56,802

(Excess) / Short tax provision for earlier years - 14.749

Profit after Tax 1.67,295 2,04,893

Add/(Less) : Brought forward profit of earlier year 1,36,79,211 1,34,74,318

Balance carried forward to Balance Sheet 1,38,46,506 1,36,79,211

REVIEW OF OPERATIONS:

During the year under Report, the turnover of the company amounted to Rs.1,26,72,300/- as compared to the previous year turnover of Rs.92,75,068/-. Other income amounted to Rs.95,6 /3/-as against Rs.3,82,772/- in the previous year.

Net Profit for the year is Rs.1.67 lacs as compared to Rs.2.05 lacs in the previous year.

DIVIDEND:

With a view to strengthen the financial position of the Company and to retain funds required for the operations of the Company the Directors have not recommended any dividend out of the current year''s profit

FIXED DEPOSITS:

The Company does not have any deposits remaining unclaimed and/or claimed but not paid for which information is required to be given in this Report.

CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO;

Information pursuant to section 2I7(l)(e) of the Companies Act, 1956 read with the Companies Act, 1956 (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, relating to Conservation of Energy and Technology Absorption is not applicable to your Company, hence no information is disclosed in this regard.

The Company has however earned Foreign Exchange of Rs.1,24,19,778/- (Previous Year Rs. 88,80,221/-) and did not incurred any Foreign Exchange outgo during the current year as given in Note 20 of notes forming part of accounts.

PARTICULARS OF EMPLOYEES:

The Company has not paid any Salary above the prescribed limit to any of its employees, for which the statement is required to be appended to this Report.

DIRECTORATE: .

Pursuant to section 255 of the Companies Act, 1956, Mr. T.K. Gowrishankar is liable to retires by rotation and being eligible offer himself for re-appointment*

DIRECTORS'' RESPONSIBILITY STATEMENT:

The Directors confirm

a. that in the preparation of the annual accounts, the applicable accounting standards have been followed and that no material departures have been made from the same;.

b. that 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. that they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d. that they have prepared the annual accounts on a going concern basis.

COMPLIANCE CERTIFICATE:

In accordance with section 383A of the Companies Act, 1956, and Companies (Compliance Certificate) Rules, 2001, the Company has obtained a certificate from a Company Secretary in whole time practice confirming that the Company has complied with all the provisions of the Companies Act, 1956 and a copy of such certificate is annexed to this Report.

AUDITORS'' REPORT REMARK:

Report of Auditors'' is self explanatory and does not require further elucidation.

AUDITORS: ,

M/s. Rajendra & Company, Chartered Accountants, Mumbai, the Auditors of the Company hold office, up to the date of the conclusion of ensuing Annual General Meeting and are eligible for re- appointment. The Company has received the confirmation from the retiring Auditors that their appointment, if made at the Annual General Meeting would be within the limit stipulated under section 224(1B) of the Companies Act, 1956.

ACKNOWLEDGEMENTS: .

The Directors take this opportunity to thank the Bankers for their continued help and co-operation. The Directors would also like to place on record the appreciation of the services rendered by the employees at all levels.

FOR AND ON BEHALF OF THE BOARD

For ALNA TRADING AND EXPORTS LIMITED PLACE: MUMBAI

DATED: 28th MAY, 2013 (CHAIRMAN)

REGISTERED OFFICE :

Allana House, .

Allana Road,

Colaba,

Mumbai-400 001.

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Mar 31, 2012

To, The Members of M/s. ALNA TRADING AND EXPORTS LIMITED

Mumbai.

The Directors have pleasure in submitting their 30th Annual Report together with the Audited Statements of Accounts for the year ended 31st March, 2017.

FINANCIAL RESULTS For the current For the previous year ended year ended 31.03.2012 31.03.2011 (Rs.) (Rs.)

Gross Revenue 92,37,849 1,32,07,464

Profit for the period before Depreciation and 3,15,349 2,07,014

Taxation

Less: Depreciation 38.905 41.093

Profit before tax 2,76,444 1,65,921

Provision for Taxation

Current Tax 57,000 4,000

Deferred Tax (198) 56,802 2.080 6,080

(Excess) / Short tax provision for earlier years 14.749 1.985

Profit after Tax 2,04,893 1,57,856

Add/(Less): Brought forward profit of earlier year 1.34.74.318 1.33.16.462

Balance earned forward to Balance Sheet 1,36,79,211 1,34,74,318

REVIEW OF OPERATIONS:

During the year under Report, the turnover of the company amounted to Rs.92,37,849/- as compared to the previous year turnover of Rs.1,32,07,464/-. Other income amounted to Rs.3,82,772/-as against Rs. 63,782/- in the previous year.

Gross Profit before Depreciation and Taxation is Rs.2.76 lacs as compared to Rs. 1.66 lacs in the previous year.

Contd 21-

DIVIDEND:

With a view to strengthen the financial position of the Company and to retain funds required for the operations of the Company the Directors have not recommended any dividend out of the current year''s profit .

FIXED DEPOSITS;

The Company does not have any deposits remaining unclaimed and/or claimed but not paid for which information is required to be given in this Report.

CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION. FOREIGN EXCHANGE EARNINGS AND OUTGO:

Information pursuant to Section 217(l)(e) of the Companies Act, 1956 read with the Companies Act, 1956 (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, relating to Conservation of Energy and Technology Absorption is not applicable to your Company, hence no information is disclosed in this regard.

The Company has however earned Foreign Exchange of Rs.88,80,221/- (Previous Year Rs. 1,25,33,825/-) and did not incurred any Foreign Exchange outgo during the current year as given in Note 22 of notes forming port of accounts.

PARTICULARS OF EMPLOYEES:

The Company has not paid any Salary above the prescribed limit to any of its employees, for which the statement is required to be appended to this Report.

DIRECTORATE;

Pursuant to Section 255 of the Companies Act, 1956, Mr. MJ. Parekh is liable to retires by rotation and being eligible offer himself for re-appointment,

DIRECTORS'' RESPONSIBILITY STATEMENT:

The Directors confirm

a) that in the preparation of the annual accounts, the applicable accounting standards have been followed and that no material departures have been made from the same;.

b) that 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) that they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) that they have prepared the annual accounts on a going concern basis.

COMPLIANCE CERTIFICATE:

In accordance with Section 383A of the Companies Act, 1956, and Companies (Compliance Certificate) Rules, 2001, the Company has obtained a certificate from a Company Secretary in whole time practice confirming that the Company has complied with all the provisions of the Companies Act, 1956 and a copy of such certificate is annexed to this Report.

AUDITORS'' REPORT REMARK;

Report of Auditors'' is self explanatory and does not require further elucidation.

AUDITORS;

M/s. Rajendra & Company, Chartered Accountants, Mumbai, the Auditors of the Company hold office, up to die date of the conclusion of ensuing Annual General Meeting and are eligible for re- appointment. Hie Company has received the confirmation from the retiring Auditors that their appointment, if made at the Annual General Meeting would be within the limit stipulated under Section 224(1B) of the Companies Act, 1956.

ACKNOWLEDGEMENTS:

The Directors take this opportunity to thank the Bankers for their continued help and co-operation. The Directors would also like to place on record the appreciation of the services rendered by the employees at all levels.

FOR AND ON BEHALF OF THE BOARD For ALNA TRADING AND EXPORTS LIMITED



PLACE: MUMBAI

DATED: 30th MAY, 2012 (CHAIRMAN)



REGISTERED OFFICE:

Allana House,

Allana Road, .

Colaba,

Mumbai-400 001.

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Mar 31, 2010

The Directors have pleasure in submitting their 28th Annual Report together with the Audited Statements of Accounts for the year ended 31st March. 2010.

FINANCIAL RESULTS: For the current For the previous year ended year ended 31.03.2010 31.03.2009 (Rs.) (Rs.)

Gross Revenue 1,22,98,960 1,52,29,393

Profit for the period before Depreciation and 1,12,129 6,52,729 Taxation

Less: Depreciation 43.417 45,890

Profit before tax 68,712 6,06,839

Provision for Taxation

Current Tax 3,100 1,85,000

Deferred Tax 288 15,335

Fringe Benefit Tax - 3.388 700 2,01.035

65,324 4,05,804

(Excess) / Short tax provision for earlier years 2.161 (46.4771

Profit after Tax 63,163 4,52,281

Add/(Less) : Brought forward profit of earlier year 1.32.53.297 1.28.01.015

Balance carried forward to Balance Sheet 1,33,16,461 1,32,53,297

REVIEW OF OPERATIONS:

During the year under Report, the turnover of the Company amounted.to Rs. 1,15,17,458/- as compared to the previous year turnover of Rs. 1,45,95,729/-. Other income amounted to Rs.7,81,502/- as against Rs.6,33,664/- in the previous year.

Gross Profit before Depreciation and Taxation is Rs.1.12 lacs as compared to Rs.6.52 lacs in the previous year.

Net Profit for the year is Rs.0.63 lacs as compared to Rs.4.52 lacs in the previous year.

DIVIDEND:

With a view to strengthen the financial position of the Company and to retain funds required for the operations of the Company the Directors have not recommended any dividend out of the current years profit.

FIXED DEPOSITS:

The Company does not have any deposits remaining unclaimed and/or claimed but not paid for which information is required to be given in this Report.

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

Information pursuant to Section 217(l)(e) of the Companies Act, 1956 read with the Companies Act, 1956 (Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, relating to Conservation of Energy and Technology Absorption is not applicable to your Company, hence no information is disclosed in this regard.

The Company has however earned Foreign Exchange of Rs.l, 13,73,572/- (Previous Year Rs.1,35,94,025/-) and did not incurred any Foreign Exchange outgo during the current year as given in Note 12 of Schedule J on Notes forming part of accounts.

PARTICULARS OF EMPLOYEES:

The Company has not paid any Salary above the prescribed limit to any of its employees, for which the statement is required to be appended to this Report.

DIRECTORATE:

Pursuant to Section 255 of the Companies Act, 1956, Mr. K.C. Mehta is liable to retires by rotation and being eligible offer himself for re-appointment.

DIRECTORS RESPONSIBILITY STATEMENT:

The Directors confirm :-

a) that in the preparation of the annual accounts, the applicable accounting standards have been followed and that no material departures have been made from the same;.

b) that 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) that they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) that they have prepared the annual accounts on a going concern basis.

COMPLIANCE CERTIFICATE:

In accordance with Section 383A of the Companies Act, 1956, and Companies (Compliance Certificate) Rules, 2001, the Company has obtained a certificate from a Company Secretary in whole time practice confirming that the Company has complied with all the provisions of the Companies Act, 1956 and a copy of such certificate is annexed to this Report.

AUDITORS REPORT REMARK:

Report of Auditors is self explanatory and does not require further elucidation.

AUDITORS:

M/s. Rajendra & Company, Chartered Accountants, Mumbai, the Auditors of the Company hold office, upto the date of the conclusion of ensuing Annual General Meeting and are eligible for re- appointment. The Company has received the confirmation from the retiring Auditors that their appointment, if made at the Annual General Meeting would be within the limit stipulated under Section 224(1B) of the Companies Act, 1956.

ACKNOWLEDGEMENTS:

The Directors take this opportunity to thank the Bankers for their continued help and co-operation. The Directors would also like to place on record the appreciation of the services rendered by the employees at all levels.

FOR AND ON BEHALF OF THE BOARD For ALNA TRADING AND EXPORTS LIMITED

PLACE : MUMBAI

DATED: 29th MAY, 2010 (CHAIRMAN)

REGISTERED OFFICE :

Allana House,

Allana Road,

Colaba,

Mumbai-400 001.