2. PERFORMANCE HIGHLIGHTS AND STATE OF COMPANY’S AFFAIRS The total income increased by 10.60% to Rs. 46,863.12 Lakhs in current financial year as compared to Rs. 42,368.73 Lakhs in the previous financial year; however the total expenses incurred by the Company increased to Rs. 41,643.24 Lakhs as against previous year’s Rs. 35,971.23 Lakhs. The Company earned a net profit of Rs. 3,895.30 Lakhs in the current financial year compared to Rs. 5,118.43 Lacs in the previous financial year.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO a) The Company being engaged in the financial services activities, its operations are neither energy intensive nor does it require adoption of specific technology. Hence information in terms of Section 134(3)(m) of the Act read with the Companies (Accounts) Rules, 2014 is not applicable to the Company.

b) The details of foreign exchange earnings in terms of actual inflows and the foreign exchange outgo in terms of actual outflow of the Company during the Financial Year ended 31st March, 2023 are as under: Particulars - Amount (In Lakhs) - Foreign exchange earnings - 0.11, Foreign exchange expenditure / outgo - 159.93

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO a) The Company being engaged in the financial services activities, its operations are neither energy intensive nor does it require adoption of specific technology. Hence information in terms of Section 134(3)(m) of the Act read with the Companies (Accounts) Rules, 2014 is not applicable to the Company.

13. DIRECTORS’ RESPONSIBILITY STATEMENT Pursuant to Section 134(5) of the Companies Act, 2013, your Directors to the best of their knowledge, belief, ability and explanations obtained by them, confirm that: i) in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures; ii) such accounting policies have been selected 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 period; iii) proper and sufficient care have been taken 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 regularities; iv) the annual accounts are prepared on a going concern basis; and v) proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.