Balurghat Technologies Ltd. — Proxy Solicitation & Information Statement 2025

Aug 12, 2025

Since - 1952

To, August 12, 2025 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai — 400-001 Scrip Code: 520127

Dear Sir/Madam,

Sub: Notice of the 31* Annual General Meeting of the Members of Balurghat Technologies Limited for the Financial Year 2024-25

We forward herewith Notice of the 31* Annual General Meeting of the Company scheduled to be held on Wednesday, 10" September, 2025 at 01:00 P.M. (IST) through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM"). The said Notice forms part of the Annual Report of the Company for the financial year 2024- 25.

The Notice of the Annual General Meeting is also available on the website of the Company at www.balurghat.co.in.

We request you to kindly take the same on record.

Yours Faithfully, for Balurghat Technologies Limited

SETHIA Digitally signed by ARUN KUMAR SETHIA Date: 2025.08.12 15:57:04 +05'30'

Arun Kumar Sethia

Executive Director DIN: 00001027

BALURGHAT TECHNOLOGIES LIMITED CIN: L60210WB1993PLC059296 Registered office:170/2C, A.J.C. Bose Road, Kolkata-700014 Phone: (033) 40036404 Email: kolkata@balurghat.co.in Website: www.balurghat.co.in

NOTICE OF 31* ANNUAL GENERAL MEETING

Notice is hereby given that the 31°* Annual General Meeting (the "AGM") of the Members of the Balurghat Technologies Limited will be held on Wednesday, 10 September, 2025 at 01:00 P.M. (IST) through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM"), to transact the following business:

ORDINARY BUSINESS:

Item No. 1: Adoption of Audited financial statements:

To receive, consider, and adopt the Audited Financial Statements of the Company, including the Balance Sheet, the Statement of Profit and Loss account, and the Cash Flow Statement for the year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.

Item No. 2: Re-appointment of Mr. Pawan Kumar Sethia (DIN: 00482462) who is liable to retire by rotation:

To consider and if thought fit, to pass the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of Section 152 of the Companies Act, 2013, Mr. Pawan Kumar Sethia (DIN: 00482462) the Managing Director, who retires by rotation at this meeting and being eligible has offered himself for re-appointment, be and is hereby re-appointed as a Director of the Company, liable to retire by rotation."

SPECIAL BUSINESS:

Item No. 3: Re-Appointment of Mr. Ravikant Sethia (DIN 02769848) as a Whole-Time Director of the Company and revision of remuneration:

To consider and, if thought fit to pass with or without modification the following resolution as a Special Resolution:

"RESOLVED THAT upon the recommendation of Nomination and Remuneration Committee and the approval of the Board through its resolution dated 12 August 2025 and pursuant to the provisions of Section 196, 197 and other applicable provisions of the Companies Act, 2013 and Rules made thereunder, read with Schedule V of the Act (including any statutory modification(s) or re-enactment(s) thereof), consent of the members be and is hereby accorded for re-appointment of Mr. Ravikant Sethia (DIN: 02769848) as

a Whole Time Director, who is liable to retire by rotation, on such terms and conditions as mentioned in explanatory statement annexed hereto, for a second term period of five (5) years with effect from 17 August 2025 and for the revision in remuneration of Mr. Ravikant Sethia, the Whole Time Director with effect from 1% October 2025 as set out in the Explanatory Statement annexed to this Notice."

"RESOLVED FURTHER THAT the Board may, on the recommendation of the Nomination and Remuneration Committee, modify/revise the above remuneration as deemed fit from time to time, subject to the approval of the members of the Company and subject to the limits and stipulations prescribed by the Companies Act, 2013 read with Schedule V thereto, and/or any guidelines prescribed by the Government from time to time."

"RESOLVED FURTHER THAT any Director of the Company be and is hereby authorized to do all such acts, deeds, matters and things, necessary expedient and desirable for the purpose of giving effect to this resolution."

Item No. 4: Revision in remuneration of Mr. Pawan Kumar Sethia (DIN:00482462), Managing Director of the Company:

To consider and if thought fit, to pass the following resolution as a Special resolution:

"RESOLVED THAT in partial modification of resolution passed in this regard by the members of the Company at 27® Annual General Meeting held on Thursday, September 30, 2021 and pursuant to the provisions of Sections 197 and 198, read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013, the rules framed thereunder and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and based on recommendation of the Nomination & Remuneration Committee and the approval of the Board of Directors of the Company, the consent of the members be and is hereby accorded for revision in remuneration of Mr. Pawan Kumar Sethia (DIN:00482462), Managing Director of the Company, with effect from October 1, 2025 as set out in the Explanatory Statement annexed to this Notice."

"RESOLVED FURTHER THAT the Board may, on the recommendation of the Nomination and Remuneration Committee, modify/revise the above remuneration as deemed fit from time to time, subject to the approval of the members of the Company and subject to the limits and stipulations prescribed by the Companies Act, 2013 read with Schedule V thereto, and/or any guidelines prescribed by the Government from time to time."

"RESOLVED FURTHER THAT any Director of the Company be and is hereby authorized to do all such acts, deeds and things, necessary, expedient and desirable for the purpose of giving effect to this resolution."

Item No. 5: Revision in remuneration of Mr. Arun Kumar Sethia (DIN:00001024), the Whole Time Director of the Company:

To consider and if thought fit, to pass the following resolution as a Special resolution:

"RESOLVED THAT in partial modification of resolution passed in this regard by the members of the Company at 27% Annual General Meeting held on Thursday, September 30, 2021 and pursuant to the provisions of Sections 197 and 198, read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013, the rules framed thereunder and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and based on recommendation of the Nomination & Remuneration Committee and the approval of the Board of Directors of the Company dated 12% August, 2025, the consent of the members be and is hereby accorded for revision in remuneration of Mr. Arun Kumar Sethia (DIN:00001024), Whole Time Director of the Company, with effect from October 1, 2025 as set out in the Explanatory Statement annexed to this Notice."

"RESOLVED FURTHER THAT the Board may, on the recommendation of the Nomination and Remuneration Committee, modify/revise the above remuneration as deemed fit from time to time, subject to the approval of the members of the Company and subject to the limits and stipulations prescribed by the Companies Act, 2013 read with Schedule V thereto, and/or any guidelines prescribed by the Government from time to time."

"RESOLVED FURTHER THAT any Director of the Company be and is hereby authorized to do all such acts, deeds and things, necessary, expedient, and desirable for the purpose of giving effect to this resolution."

Item 6: Approval for revision in remuneration of Mr. Apurv Sethia holding Office or Place of Profit in the Company.

To consider and if thought fit, to pass, with or without modification(s), the following Resolution as an Special resolution:

"RESOLVED THAT pursuant to the provisions of Section 188(1)(1) and all other applicable provisions of the Companies Act, 2013 read with the Rules made thereunder (including any statutory modifications(s) or re-enactment thereof, for the time being in force as per the recommendation and approval of the Nomination and Remuneration Committee and Audit Committee in the meeting held on 12% August, 2025, approval of the shareholders be and is hereby accorded to enhance the prescribed limit of salary payable to Mr. Apurv Sethia, COO (Chief Operating Officer) of the Company holding an office or place of profit in the company, as computed under applicable provisions of Companies Act, 2013 and its allied rules from Rs. 2,50,000/- per month to Salary scale Rs. 3,00,000/- per month and such other perquisites in accordance with the Company rule."

"RESOLVED FURTHER THAT the Board of Directors and of the Company be and is here b authorized to do, all such acts, matters, deeds and things, settle any queries/difficulties/ doubts arise from it, as may be considered necessary, proper or expedient to give effect to this resolution and for matters connected herewith or incidental there to in the best interest of the Company."

Item 7: Approval of the appointment of M/s Prity Bishwakarma & Co, Practicing Company Secretaries, Kolkata as the Secretarial Auditor of the Company for a term of up to 5 (Five) consecutive years:

To consider and if thought fit, to pass the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the recommendations of the Audit Committee and the approval of the Board of Directors in its meeting held on 10 May, 2025, and in accordance with the provisions of Section 204(1) of the Companies Act, 2013, read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and other applicable provisions, if any, of the Companies Act, 2013, and Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the consent of the members of the company be and is hereby accorded to appoint Ms. Prity Bishwakarma, Proprietor of M/s. Prity Bishwakarma & Co, peer- reviewed Practicing Company Secretary (Membership No. A63580) as Secretarial Auditor of the Company for conducting a Secretarial Audit for the term of 5 (five) consecutive years starting from the Financial year 2024-25 to the Financial Year 2028-29 on such terms and conditions, including remuneration, as may be mutually decided by the Board of Directors, in consultation with the Audit Committee and the said Secretarial Auditor, plus applicable Goods and Services Tax and reimbursement of travelling and out-of-pocket expenses incurred for the purpose of the audit."

"RESOLVED FURTHER THAT the Board be and is hereby authorized to do all such acts, deeds, things and to sign all such documents and writings as may be necessary to give effect to this resolution and for matters connected therewith or incidental thereto."

For and on Behalf of the Board of Directors Balurghat Technologies Limited

Sd./- Date: 12.08.2025 Sushma Kumari Agarwal Place: Kolkata Company Secretary & Compliance Officer

NOTE!

• 1. The Ministry of Corporate Affairs ("MCA™) has vide its General Circular Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020, in relation to "Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and the rules made thereunder on account of the threat posed by "COVID-19", General Circular Nos. 20/2020 dated May 5, 2020, 10/2022 dated December 28, 2022, 09/2023 dated September 25, 2023 and subsequent circulars issued in this regard, the latest being General Circular No. 09/2024 on September 19, 2024 in relation to "Clarification on holding of Annual General Meeting ("AGM™) through Video Conferencing (VC) or Other Audio Visual Means (OAVM)", (collectively referred to as "MCA Circulars™) permitted the holding of the AGM through VC/OAVM, without the physical presence of the Members at a common venue. In compliance with the MCA Circulars, the Annual General Meeting of the Company is being held through VC /OAVM. The registered office of the Company shall be deemed to be the venue for the AGM in accordance with the aforesaid MCA Circulars and Circular Nos. SEBI/HO/CFD/CMDI/CIR/P/2020/79 dated May 12, 2020 SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021, SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13, 2022, SEBIV/HO/CFD/PoD-2/P/CIR/2023/4 dated January 5, 2023, SEBVHO/CFD/CFD-PoD-2/P/CIR/2023/167 dated October 7, 2023 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024 issued by Securities Exchange Board of India (collectively referred to as "SEBI Circulars™), the Notice of the AGM along with Annual Report 2024-25 is being sent only through electronic mode to those Members whose email addresses are registered with the Company/Depositories. Members may note that the Notice and Annual Report 2024-25 will also be available on the Company's website www.balurghat.co.in, website of the Stock Exchange i.e. BSE Limited at www.bseindia.com and the Company's Registrar and Transfer Agent at helpdeskkol@mcsregistrars.com In terms of Regulation 36 (1) (b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a letter providing the web-link, including the exact path, where the Annual Report 2024-25 is available, is being sent to those shareholders who have not registered their email addresses.
• 1. Participation of Members through VC will be counted for the purpose of the quorum for the AGM as per Section 103 of the Act.
• 1. Inaccordance with the aforesaid MCA Circulars and the relevant SEBI Circulars, the Notice of the AGM along with the Annual Report for the Financial Year 2024-25 inter alia comprises of Audited Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of Board of Directors and Auditors thereon are being sent only through electronic mode to those Shareholders whose e-mail addresses are registered with the Company/Depositories, unless any Member has requested for a physical copy of the same. Shareholders who have not registered their e-mail address, are requested to register the same at the earliest. The Notice convening the 31* AGM along with the Annual Report for the Financial Year 2024-25 will also be available on the website of the Company at www.balurghat.co.in , websites of the Stock Exchange ie., BSE Limited at www.bseindia.com and on the website of CDSL (agency for providing the Remote e-Voting facility and e-voting system during the AGM) i.e., www.evotingindia.com.
• 1. Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended) and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended), and MCA Circulars dated April 08, 2020, April 13, 2020 and May 05, 2020 the Company is providing

facility of remote e-voting to its Members in respect of the business to be transacted at the AGM. For this purpose, the Company has entered into an agreement with Central Depository Services (India) Limited (CDSL) for facilitating voting through electronic means, as the authorized e-Voting's agency. The facility of casting votes by a member using remote e-voting as well as the evoting system on the date of the AGM will be provided by CDSL.

• 1. The Members can join the AGM in the VC/OAVM mode 15 minutes before and after the scheduled time of the commencement of the Meeting by following the procedure mentioned in the Notice. The facility of participation at the AGM through VC/OAVM will be made available to at least 1000 members on first come first served basis. This limit will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc. who are allowed to attend the AGM without restriction of first come first serve mode.
• 1. The attendance of the Members attending the AGM through VC/OAVM will be counted for the purpose of ascertaining the quorum under Section 103 of the Companies Act, 2013.
• 1. Since this AGM is being held through VC/ OAVM pursuant to the MCA Circulars, physical attendance of Members has been dispensed with, accordingly, the facility to appoint proxy to attend and cast vote for the members is not available for this AGM and hence the Proxy Form and Attendance Slip are not Annexed hereto. However, the Body Corporates are entitled to appoint authorized representatives to attend the AGM through VC/ OAVM and participate thereat and cast their votes through e-voting.
• 1. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and Section 91 of the Companies Act, 2013 the Register of Members and Share Transfer Books of the Company will remain closed from Thursday 4% September, 2025 to Wednesday 10® September, 2025 (both days inclusive) for the purpose of AGM of the Company.
• 1. An Explanatory Statement pursuant to Section 102 of the Act, relating to special business to be transacted at the AGM, is annexed hereto.
• 1. Details of the Directors proposed to be re-appointed as required in terms of Regulation 36(3) of the SEBI Listing Regulations and Secretarial Standards on General Meetings (*"Secretarial Standards 27) issued by The Institute of Company Secretaries of India, are provided, and form an integral part of this Notice.

GENERAL INSTRUCTIONS FOR SHAREHOLDERS JOINING VIRTUAL MEETING, REMOTE E-VOTING AND E-VOTING DURING AGM:

(i) The voting period commences on Saturday 6 September, 2025 at 10:00 A.M., and ends on Tuesday 9™ September, 2025 at 5 P.M. During this period shareholders of the Company, holding shares either in physical form or in dematerialized form, as on the cut-off date (record date) of 3* September, 2025 may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.

• (ii) Once the vote on a resolution is cast by the shareholder, the shareholder shall not be allowed to change it subsequently.
• (iii) The voting rights of shareholders shall be in proportion to their shares of the paid-up equity share capital of the Company as on the voting eligibility cut-off date of 3 September, 2025. A person who is not a member as on cut-off date should treat this notice for information purpose only.
• (iv) Pursuant to SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 09.12.2020, under Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 listed entities are required to provide remote evoting facility to its shareholders, in respect of all shareholders resolutions. However, it has been observed that the participation by the public non-institutional shareholders/retail shareholders is at anegligible level. Currently, there are multiple e-voting service providers (ESPs) providing evoting facility to listed entities in India. This necessitates registration on various ESPs and maintenance of multiple user IDs and passwords by the shareholders.

In order to increase the efficiency of the e-voting process, pursuant to a public consultation, it has been decided to enable e-voting to all the demat account holders, by way of a single login credential, through their demat accounts/ websites of Depositories/ Depository Participants. Demat account holders would be able to cast their vote without having to register again with the ESPs, thereby, not only facilitating seamless authentication but also enhancing ease and convenience of participating in e-voting process.

(v) Interms of SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

Type of	[Login Method
shareholders
Individual	1) Users who have opted for CDSL Easi / Easiest facility, can login
Shareholders	Option will be made and password. through their existing user id
holding securities	available to reach e-Voting page without any further authentication. The
in Demat mode	URL login Easiest wusers are for [Easi to to /
with CDSL	https://web.cdslindia.com/myeasi/home/login visit or
	www.cdslindia.com and click on Login icon and select New System
	Myeasi Tab.
	2) After successful login the Easi / Easiest user will be able to see the e Voting option for eligible companies where the e-voting is in progress as per the information provided by company. On clicking the e-voting option, the user will be able to see e-Voting page of the e-Voting service provider for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. Additionally, there is also links provided to access the system of all e-Voting Service Providers i.e., CDSL/NSDL, so that the user can visit the e-Voting service providers' website directly.

Pursuant to above said SEBI Circular, Login method for e-Voting and joining virtual meetings for Individual shareholders holding securities in Demat mode CDSL/NSDL is given below:

	is not registered for Easi/Easiest, option to register B) If the user is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option. 14) Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the e-voting is in progress and also able to directly access the system of all e-Voting Service Providers.
Individual Shareholders holding securities in demat mode with NSDL	If you are already registered for NSDL IDeAS facility, please visit the 1) of NSDL. Open web browser by typing the e-Services website URL: following hittps:/eservices.nsdl.com Personal either on a Computer or on a mobile. Once the home page of e-Services is launched, click on the "Beneficial Owner" icon under "Login" which is available under 'IDeAS' section. A new screen will open. You will Password. have your User successful ID and After enter to authentication, you will be able to see e-Voting services. Click on "Access to e-Voting" under e-Voting services and you will be able to Click on company name e-Voting page. or e-Voting service see provider name and you will be re-directed to e-Voting service provider website for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. 2) If the user is not registered for IDeAS e-Services, option to register is available at https:/eservices.nsdl.com. Select "Register Online for
	IDeAS "Portal or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp Visit the e-Voting website of NSDL. Open web browser by typing the 3) following URL: https://www.evoting.nsdl.con/ either on a Personal
	Computer or on a mobile. Once the home page of e-Voting system is which "Login™ under launched, icon available click on the is 'Shareholder/Member' section. A new screen will open. You will have to enter your User ID (i.e., your sixteen-digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider name and you will be redirected to e-Voting service provider website for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting
Individual Shareholders (holding securities in demat mode) login through their Depository Participants (DP)	You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e Voting facility. After Successful login, you will be able to see e-Voting option. Once you click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting service provider name and you will be redirected to e-Voting service provider website for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.

Important note: Members who are unable to retrieve User ID/ Password are advised to use

Forget User ID and Forget Password option available at abovementioned website.

Login type	Helpdesk details
	Individual Shareholders holding Members facing any technical issue in login can contact
securities in Demat mode with	CDSL sending helpdesk request by at a
CDSL	helpdesk.evoting@cdslindia.com or contact at toll free no.
	1800225533
	Individual Shareholders holding Members facing any technical issue in login can contact
	securities in Demat mode with NSDL helpdesk by sending a request at evoting@nsdl.co.in
NSDL	or call at toll free no.: 1800 1020 990 and 1800 22 44 30

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e., CDSL and NSDL:

(vi) Login method for e-Voting and joining virtual meetings for Physical shareholders and shareholders other than individual holding in Demat form.

The shareholders should log on to the e-voting website www.evotingindia.com.

• 1) Click on "Shareholders™ module.
• 2) Now enter your User ID
• a. For CDSL: 16 digits beneficiary ID,
• b. For NSDL: 8 Character DP ID followed by 8 Digits Client ID,
• c. Shareholders holding shares in Physical Form should enter Folio Number registered with the Company.
• 3) Next enter the Image Verification as displayed and Click on Login.
• 4) If you are holding shares in demat form and had logged on to www.evotingindia.com and voted onan earlier e-voting of any company, then your existing password is to be used.
• 5) If you are a first-time user follow the steps given below:

	For Physical shareholders and other than individual shareholders
	holding shares in Demat.
PAN	*PAN Income alpha-numeric Tax Enter your issued 10-digit by Department (Applicable for both demat shareholders as well as physical shareholders)
	PAN who Shareholders updated have with not their the Company/Depository Participant are requested to use the sequence number sent by Company/RTA or contact Company/RTA.
Dividend Bank Birth (DOB)	of Birth (in dd/mm/yyyy Enter the Dividend Bank Details or Date Details OR Date of format) as recorded in your demat account or in the company records in order to login.
	If both the details are not recorded with the depository or company, please enter the member id / folio number in the Dividend Bank details field as mentioned in instruction (v).

• (vii) After entering these details appropriately, click on "SUBMIT" tab.
• (viii) Shareholders holding shares in physical form will then directly reach the Company selection screen. However, shareholders holding shares in demat form will now reach 'Password Creation' menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for resolutions of any other company on which they are eligible to vote, provided

that company opts for e-voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.

• (ix) For shareholders holding shares in physical form, the details can be used only for e-voting on the resolutions contained in this Notice.
• (x) Click on the EVSN for Balurghat Technologies Limited.
• (xi) On the voting page, you will see "RESOLUTION DESCRIPTION" and against the same the option "YES/NO™ for voting. Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option No implies that you dissent to the Resolution.
• (xii) Click on the "RESOLUTIONS FILE LINK" if you wish to view the entire Resolution details.
• (xiii) After selecting the resolution, you have decided to vote on, click on "SUBMIT". A confirmation box will be displayed. If you wish to confirm your vote, click on "OK", else to change your vote, click on "CANCEL"" and accordingly modify your vote.
• (xiv) Once you "CONFIRM your vote on the resolution, you will not be allowed to modify your vote.
• (xv) You can also take a print of the votes cast by clicking on "Click here to print" option on the Voting page.
• (xvi) If a demat account holder has forgotten the login password then Enter the User ID and the image verification code and click on Forgot Password & enter the details as prompted by the system.
• (xvii) There is also an optional provision to upload BR/POA if any uploaded, which will be made available to scrutinizer for verification.
• (xviii) Additional Facility for Non Individual Shareholders and Custodians —For Remote Voting only.
• e Non-Individual shareholders (i.e., other than Individuals, HUF, NRI etc.) and Custodians are required to log on to www.evotingindia.com and register themselves in the "Corporates"™ module.
• e A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to helpdesk evoting@cdslindia.com.
• e After receiving the login details a Compliance User should be created using the admin login and password. The Compliance User would be able to link the account(s) for which they wish to vote on.
• e The list of accounts linked in the login will be mapped automatically & can be delink in case of any wrong mapping.
• e It is Mandatory that, a scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.

e Alternatively, non-individual shareholders are required mandatory to send the relevant Board Resolution/ Authority letter etc. together with attested specimen signature of the duly authorized signatory who are authorized to vote, to the Scrutinizer and to the Company at the email address viz; (designated email address by company), if they have voted from individual tab & not uploaded same in the CDSL e-voting system for the scrutinizer to verify the same.

INSTRUCTIONS FOR SHAREHOLDERS ATTENDING THE AGM THROUGH VC/OAVM & E-VOTING DURING MEETING ARE AS UNDER:

• 1. The procedure for attending meeting & e-Voting on the day of the AGM is same as the instructions mentioned above for Remote e-voting.
• 1. The link for VC/OAVM to attend meeting will be available where the EVSN of Company will be displayed after successful login as per the instructions mentioned above for Remote e-voting.
• 1. Shareholders who have voted through Remote e-Voting will be eligible to attend the meeting. However, they will not be eligible to vote at the AGM.
• Shareholders are encouraged to join the Meeting through Laptops / IPads for better experience.
• 1. Further shareholders will be required to allow Camera and use Internet with a good speed to avoid any disturbance during the meeting.
• 1. Please note that Participants Connecting from Mobile Devices or Tablets or through Laptop connecting via Mobile Hotspot may experience Audio/Video loss due to Fluctuation in their respective network. It is therefore recommended to use Stable Wi-Fi or LAN Connection to mitigate any kind of aforesaid glitches.
• 1. Shareholders who would like to express their views/ask questions during the meeting may register themselves as a speaker by sending their request in advance at least 10 days prior to meeting mentioning their name, demat account number/folio number, email id, mobile number at (company email id). The shareholders who do not wish to speak during the AGM but have queries may send their queries in advance 10 days prior to meeting mentioning their name, demat account number/folio number, email id, mobile number at kolkata@balurghat.co.in. These queries will be replied to by the company suitably by email.
• 1. Those shareholders who have registered themselves as a speaker will only be allowed to express their views/ask questions during the meeting. Due to limitations of transmission and coordination during the AGM, the Company may have to dispense with or curtail the Speaker Session, hence shareholders are encouraged to send their questions etc. 10 days in advance prior to meeting mentioning their name, demat account number/folio number, email id, mobile number at kolkata@balurghat.co.in
• 1. Only those shareholders, who are present in the AGM through VC/OAVM facility and have not casted their vote on the Resolutions through remote e-Voting and are otherwise not barred from doing so, shall be eligible to vote through e-Voting system available during the AGM.
• 1. If any Votes are cast by the shareholders through the e-voting available during the AGM and if the same shareholders have not participated in the meeting through VC/OAVM facility, then the votes cast by such shareholders shall be considered invalid as the facility of e-voting during the meeting is available only to the shareholders attending the meeting.

PROCESS FOR THOSE SHAREHOLDERS WHOSE EMAIL/MOBILE NO. ARE NOT REGISTERED WITH THE COMPANY/DEPOSITORIES.

• 1. For Physical shareholders- please provide necessary details like Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), AADHAAR (self-attested scanned copy of Aadhaar Card) by email to Company/RTA email id.
• 1. For Demat shareholders Please update your email id & mobile no. with your respective

Depository Participant (DP)

1. For Individual Demat shareholders — Please update your email id & mobile no. with your respective Depository Participant (DP) which is mandatory while e-Voting & joining virtual meetings through Depository.

OTHER INSTRUCTIONS

• 1 The Company is sending, through email, the AGM Notice and the Annual Report to the shareholders whose names are recorded as of 08.08.2025, in the Register of Members or in the Register of Beneficial Owners maintained by the depositories.
• &) The shareholders shall have one vote per equity share held by them as of the voting eligibility cut-off date of 3¢ September, 2025. The facility of e-voting would be provided once for every folio / client ID, irrespective of the number of joint holders.
• 3 Since the Company is required to provide members the facility to cast their vote by electronic means, shareholders of the Company, holding shares either in physical form or in dematerialized formas of the voting eligibility cut-off date of 3" September, 2025 for this purpose and not casting their vote electronically, may only cast their vote at the Annual General Meeting through the Evoting facility provided specifically for the AGM as per the procedure outlined in this notice.
• 4 Investors who become members of the Company subsequent to the dispatch of the Notice / Email and hold the shares as of the voting eligibility cut-off date, i.e., 3* September, 2025 are requested to send the written / email communication to the Company at kolkata@balurghat.co.in by mentioning their Folio No. / DPID and Client ID to obtain the Login-ID and Password for evoting. The Management and RTA will do their best to accommodate and execute such requests so that the Shareholder can participate in the e-voting which commences Saturday 6th September, 2025 at 10:00 A.M., and ends on Tuesday 9" September, 2025 at 5 P.M.
• 5 Mr. Udit Agarwal, Advocate, (Enrolment No. F/2135/2011) has been appointed as the Scrutinizer to scrutinize the E-Voting process and voting/polling at the AGM in a fair and transparent manner. The Scrutinizer will submit his consolidated Report after the conclusion of AGM on the total votes cast in favour or against the resolutions, if any, to the Chairman of the Company or a person authorized by him in writing, who shall countersign the same and declare the results of the voting on the day of AGM or the next day of the AGM after it is concluded or within such time as specified under the Companies Act, 2013 after also taking into account the E- votes cast on the resolutions by the members who participate in the AGM through VC and/or OAVM mode.
• 6 The Results declared along with the Scrutinizer's Report shall be placed on the Company's website www.balurghat.co.in. The result will also be communicated to the listed stock exchanges viz. BSE Ltd. within 48 hours of the conclusion of the AGM or such time as permitted under the law.

If you have any queries or issues regarding attending AGM & e-Voting from the e-Voting System, you may refer the Frequently Asked Questions ("FAQs™) and e-voting manual available at www.evotingindia.com, under help section or write an email to helpdesk evoting@cdslindia.com

All grievances connected with the facility for voting by electronic means may be addressed to Mr. Rakesh Dalvi, Manager, (CDSL, ) Central Depository Services (India) Limited, A Wing, 25th Floor, Marathon Futurex, Mafatlal Mill Compounds, N M Joshi Marg, Lower Parel (East), Mumbai-400013

or send an email to helpdesk.evoting@cdslindia.com or call on 1800 22 55 33.

The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013

Item No. 2

Re-Appointment of Mr. Pawan Kumar Sethia (DIN:00482462) liable to retire by rotation:

Based on the terms of re-appointment, office of Managing director is subject to retirement by rotation. Mr. Pawan Kumar Sethia, Managing Director whose office is liable to retire at the ensuing AGM, being eligible, seeks re-appointment. Based on performance evaluation and the recommendation of the Nomination and Remuneration Committee, the Board recommends his re-appointment.

Item No.3

Re-appointment of Mr. Ravikant Sethia (DIN:02769848) as a Whole Time Director of the Company and revision in remuneration:

Mr. Ravikant Sethia has been re-appointed as a Whole Time Director of the Company by Board w.e.f. 17" August, 2025 for a period of second term of 5 years on terms & conditions as recommended by Nomination cum Remuneration Committee subject to approval of members. He is having more than 23 years of experience in transport sector. Mr. Ravikant Sethia has sound knowledge and expertise and capability in handling various diverse issues relating to implementation and operations. The terms and conditions as to remuneration approved by Board.

In view of valuable contribution made by Mr. Ravikant Sethia towards the growth of the Company and taking into consideration the increased business activities of the Company coupled with higher responsibilities cast on Mr. Ravikant Sethia, the Board of Directors of the Company at its meeting held on August 12, 2025, upon recommendation of the Nomination and Remuneration Committee, has approved revision in the remuneration of Mr. Ravikant Sethia, w.e.f. October 1, 2025, as follows:

• A) Basic Salary Rs.1,20,000/- per month
• House Rent Allowance Rs.60,000/- per month
• Medical Rs.25,000/- per month
• ) Conveyance- Rs. 20,000/- per Month
• E) Leave Travel Allowance Rs.25,000/- per month
• ) Special Allowance Rs.1,20,000/- per month
• G) Uniform Rs.30,000/- per month

The Company's contribution to Provident Fund pursuant to the rules of the Company.

Board recommends resolution set out at Item No. 3 for approval of Members to be passed as Special Resolution.

None of the Directors, Key Managerial Personnel, and their relatives, except, Mr. Ravikant Sethia, Pawan Kumar Sethia, Mr. Arun Kumar Sethia, Ankit Sethia, Apurv Sethia and his relative, are in any way, concerned or interested in the said resolution.

Item No. 4

Revision in remuneration of Mr. Pawan Kumar Sethia (DIN:00482462), Managing Director of the Company

Mr. Pawan Kumar Sethia was appointed as Managing Director of the Company with effect from 22nd February, 2022 for a period of 5 years at the 27th Annual General Meeting of the members held on 30th September, 2021. Mr. Pawan Kumar Sethia oversees the overall management and functioning of the Company. He supervises the functioning of various departments in the organization.

In view of valuable contribution made by Mr. Pawan Kumar Sethia towards the growth of the Company and taking into consideration the increased business activities of the Company coupled with higher responsibilities cast on Mr. Pawan Kumar Sethia, the Board of Directors of the Company at its meeting held on August 12, 2025, upon recommendation of the Nomination and Remuneration Committee, has approved revision in the remuneration of Mr. Pawan Kumar Sethia, w.e.f. October 1, 2025, as follows:

• A) Basic Salary —Rs. 1,80,000/- per month
• B) House Rent Allowance Rs. 90,000/- per month
• C) Medical -Rs. 50,000/~ per month
• D) Conveyance- Rs. 20,000/- per Month
• E) Leave Travel Allowance Rs.30,000/- per month
• F) Special Allowance Rs.1,00,000/- per month
• G) Uniform Rs.30,000/- per month

The Company's contribution to Provident Fund pursuant to the rules of the Company. Board recommends resolution set out at Item No. 4 for approval of Members to be passed as Special Resolution.

None of the Directors, Key Managerial Personnel, and their relatives, except Pawan Kumar Sethia, Mr. Arun Kumar Sethia, Mr. Ravikant Sethia, Ankit Sethia, Apurv Sethia and his relative, are in any way, concerned or interested in the said resolution.

Item No. 5

Revision in remuneration of Mr. Arun Kumar Sethia (DIN:00001024), Whole Time Director of the Company:

Mr. Arun Kumar Sethia was appointed as Whole Time Director of the Company with effect from 29th October, 2021 for a period of 5 years at the 27% Annual General Meeting of the members held on 30% September, 2021.

In view of valuable contribution made by Mr. Arun Kumar Sethia towards the growth of the Company and taking into consideration the increased business activities of the Company coupled with higher responsibilities cast on Mr. Arun Kumar Sethia, the Board of Directors of the Company at its meeting held on August 12, 2025, upon recommendation of the Nomination and Remuneration Committee, has approved revision in the remuneration of Mr. Arun Kumar Sethia, w.e.f. October 1, 2025, as follows:

• A) Basic Salary —Rs. 1,80,000/- per month
• B) House Rent Allowance Rs. 90,000/- per month
• C) Medical -Rs. 50,000/~ per month
• D) Conveyance- Rs. 20,000/- per Month
• E) Leave Travel Allowance Rs.30,000/- per month
• Special Allowance Rs.1,00,000/- per month
• G) Uniform Rs.30,000/- per month

The Company's contribution to Provident Fund pursuant to the rules of the Company.

Board recommends resolution set out at Item No. 5 for approval of Members to be passed as Special Resolution.

None of the Directors, Key Managerial Personnel, and their relatives, except Mr. Arun Kumar Sethia, Pawan Kumar Sethia, Mr. Ravikant Sethia, Ankit Sethia and his relative, are in any way, concerned or interested in the said resolution.

Item No.6

Approval for revision in remuneration of Mr. Apurv Sethia, holding Office or Place of Profit in the Company

The Companies Act, 2013 sims to ensure transparency in the transactions and dealings with related parties of the Company. The provisions of Section 188 of the Companies Act, 2013 that govern the related party's appointment to any office or place of profit in the company, its subsidiary company or associate company.

Mr. Apurv Sethia son of Mr. Arun Kumar Sethia (Director and Promoter of the Company) were appointed as officers and holding a place of profit under Section 188(1)(f) and all other applicable provisions of the Companies Act, 2013 read with the Rules made thereunder (including any statutory modifications(s) or re-enactment thereof, for the time being in force) upon recommendation of the Nomination and Remuneration Committee, has approved in the remuneration of Mr. Apurv Sethia, w.e.f. October 1, 2025, as follows:

• A) Basic Salary —Rs.1,20,000/- per month
• B) House Rent Allowance Rs.60,000/- per month
• C) Medical Rs.25,000/- per month
• D) Conveyance- Rs. 15,000/~ per Month
• E) Leave Travel Allowance Rs.25,000/- per month
• F) Special Allowance Rs.40,000/- per month
• G) Uniform Rs.15,000/- per month

The Company's contribution to Provident Fund pursuant to the rules of the Company. Board recommends resolution set out at Item No. 6 for approval of Members to be passed as Ordinary Resolution.

None of the Directors, Key Managerial Personnel, and their relatives, except, Mr. Ravikant Sethia, Pawan Kumar Sethia, Mr. Arun Kumar Sethia, Ankit Sethia, Apurv Sethia and his relative, are in any way, concerned or interested in the said resolution

In terms of Sections 188(1)(f) of the Companies Art, 2013 read with applicable rules and as per the recommendation and approval of Nomination and Remuneration Committee and Audit Committee, for enhancement in prescribed limit of Salary payable to Mr. Apurv Sethia, COO of the Company and holding an office or place of profit in the company, are in the ordinary course of business and at arm's length basis transaction. Mr. Apurv Sethia associated with the Company from last few years and meanwhile gave their best for its immense growth

Their present roles are crucial to provide impetus to the expanding national business in the emerging market business of the Company. They are focusing on tapping the potential markets. Considering their qualification, experience and present role prescribed limit of Companies Act is not commensurate, hence requires approval of the shareholders.

Item No.7

Approval of the appointment of M/s. Prity Bishwakarma & Co, Practicing Company Secretaries, Kolkata as Secretarial Auditor of the Company

In accordance with the provisions of Section 204 and other applicable provisions of the Companies Act, 2013 ("the Act") read with Rule 9 of the Companies (Appointment & Remuneration of

Managerial Personnel) Rules, 2014 and Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ("Listing Regulations™) (as amended from time to time), every listed entity are required to annex with its Board's Report, a report on Secretarial Audit issued by the Practicing Company Secretary. Pursuant to the amendment made under the provisions of Regulation 24A of the Listing Regulations by SEBI vide its notification dated December 12, 2024 read with the SEBI Circular bearing reference no. SEBI HO/CFD/ CFDPoD-2/CIR/P/2024/185 dated December 31, 2024 ("SEBI Circular"), a listed entity shall appoint/re-appoint Secretarial Auditor with the approval of the Member of the Company in its Annual General Meeting in the manner mentioned below:

a) an individual as Secretarial Auditor for not more than one term of five consecutive years; or

b) Secretarial Audit firm as Secretarial Auditor for not more than two terms of five consecutive years. Further, the SEBI has also prescribed the eligibility, qualifications and disqualifications of Secretarial Auditor in the said amendment and SEBI Circular.

Considering the experience, market standing, efficiency of the audit team and independence of M/s Prity Bishwakarma & Co, Company Secretaries, the Board at its Meeting held on May 10, 2025, pursuant to the recommendation of the Audit Committee and subject to the approval of the Members of the Company, approved the appointment of Prity Bishwakarma & Co as Secretarial Auditors of the Company for a term of 5 (Five) consecutive years commencing from Financial Year 2024-25 till Financial Year 2028-29. Besides the secretarial audit services, the Company may also obtain certifications under various statutory regulations and certifications required by banks, statutory authorities, audit related services and other permissible non-secretarial audit services as required from time to time, for which they will be remunerated separately on mutually agreed terms, as approved by the Board of Directors in consultation with the Audit Committee. Prity Bishwakarma & Co is a Kolkata-based professional services firm specializing with over 5 years of rich experience in Corporate Law, Securities Law and allied Regulatory compliance. Founded and managed by experienced Company Secretaries, Prity Bishwakarma & Co has built a strong reputation as a trusted Secretarial Auditor for several listed and unlisted entities across industries. The firm offers comprehensive services including corporate governance advisory, due diligence, regulatory representations, and compliance management. Prity Bishwakarma & Co has consistently delivered value-driven solutions tailored to client needs.

The Company has received the consent letter and eligibility certificate from Prity Bishwakarma & Co to act as Secretarial Auditor of the Company. They have also affirmed that their proposed appointment, if approved, will be within the limits specified in the applicable laws. Furthermore, in terms of the amended regulations, Prity Bishwakarma & Co has provided a confirmation that they have subjected themselves to the peer review process of the Institute of Company Secretaries of India and hold a valid peer review certificate. Accordingly, the Members' approval is sought for the appointment of Prity Bishwakarma & Co as Secretarial Auditor of the Company in terms of the applicable provisions of the Act and Listing Regulations. None of the Directors, Key Managerial Personnel of the Company and their relatives is, in any way, concerned or interested, financially or otherwise, in the Resolution set out at Item No. 7 of the Notice.

THE STATEMENT CONTAINING ADDITIONAL INFORMATION AS REQUIRED IN SCHEDULE V OF THE COMPANIES ACT, 2013

	1 Nature of Industry	The company operates in the fields of Logistic Solutions, Supply C]I)uam Services, and Travel and Tourism.
	2 Date of expected date of commencement of commercial production	The Company has been in existence for more than 51 years
3	new companies, case In of expected date of commencement project per activities of as approved financial by appearing institutions the in prospectus	NA
	Financial Performance	Particulars	In hundreds
		Total Turnover	87,00,582
		Total Expenses	84,41,920
		Profit before tax	297,423
		Profit after tax	2,10,826
		other comprehensive Income	4,361
		Total Comprehensive income	2,15,187

Information about the Appointee:

1	Background	Kumar Pawan Mr. Sethia a is	Mr. Ravikant Sethia is a Graduate in
	details and		Graduate in commerce having more Business Management having more
	experience	than 35 years of experience in the than	experience years' the 23 in
		Transport Sector	Transport Sector
	Date of Birth	04.11.1956	24.11.1980
5	Past	4,00,000/- PM	3,00,000/- PM
	Remuneration
6	Recognitions	Nil	Nil
	& Rewards
7	Job profile &	oversee To the	day-to-day Conduct regular reviews of business
	its suitability	management Company, the of	implement and operations
		review of operation enhancement of improvements	optimize to
		the performance of the work force, performance and productivity.
		compliance statutory liaison with	Drive enhance initiatives to
		government and statutory all	performance workforce through
		and authorities such other	effective leadership, motivation, and
		responsibilities as required by the	resource management.
		Board and the organization.	Oversee the day-to-day management
			Company to and operations of the
			ensure efficiency, effectiveness, and alignment with strategic objectives.
	Remuneration 5.00,000/- PM		4,00,000/- PM
8	proposed
9	Pecuniary	He is one of the promoters of the He	Pawan son of Mr. the Kr. is
	Relationship	Company and brother of Mr. Arun	%eofllzlgéni\,/_l anaging Director of the
		Kr. Sethia, Whole Time Director of	He holds shares of the Company to
		the Company. He holds shares of	the extent of 23,900. Mr. Pawan Kr
		Company extent the the of to	Sethia and Mr. Arun Kr Sethia and
		26,600. Mr. Arun Kr. Sethia is the	may deemed therefore be be to

		brother of Mr. Pawan Kr. Sethia and interested in the resolution relating to
	may deemed therefore be to be	appointment of Mr. Ravikant Sethia.
	interested in the resolution relating
	to re-appointment of Mr. Pawan Kr.
Sethia.
10 Date of First	been He Director has of the a	18/08/2020
Company since 1993 appointment
IT Comparative The		remuneration proposed to be The remuneration proposed to be paid
	remuneration, paid to Mr. Pawan Kumar Sethia is to	Ravikant Mr. Sethia purely is
purely based on merit. Further the based profile with		Further merit. on the
respect to	Nomination Remuneration and	Nomination Remuneration and
Industry, size		Committee duly constituted by the Committee duly constituted by the
of		the Board perused the remuneration of Board perused the remuneration of
Company, size managerial persons other in		managerial persons other in
of	the Companies comparable with the	Companies comparable with the size
benchmark Company, Company, industry size of the		ofthe Company, industry benchmark
profile of the	in general responsibility in	~ general — and —responsibility
position and	recommended proposed and the	recommended proposed the
person	remuneration.	remuneration

Other Information

Reasons for loss a or inadequate profits	Company has been operating Company, The The satisfactorily. however, is engaged in transportation and thus susceptible to several micro and macro factors beyond its control. At present, the Company is eaming profits, which may be deemed inadequate for the purpose of limits of managerial remuneration.
2 Steps taken for improvements	The Company has embarked on a series of strategic and operational measures that are expected to result in an improvement in its present position. The Company has also strategically planned to address the issue of productivity and increase profits, and it has put in place measures to reduce costs and improve the bottom line.
3 Expected increase in productivity and rofits in measurable erms	The Company expects to have significantly improved financial and operational performances going forward, including for financial year B Company 2024-25 have and Thus, thereafter. likely the to is sufficient Profit.

ANNEXURE TO THE NOTICE OF ANNUAL GENERAL MEETING

Details of Director seeking re-appointment at the AGM PURSUANT TO REGULATION 36(3) OF THE SEBI LISTING REGULATIONS AND SECRETARIAL STANDARD-2 ON GENERAL MEETINGS:

Name of the Director	Pawan Kumar Sethia	Ravikant Sethia
DIN	00482462	02769848
Date of Birth	04.11.1956	24.11.1980
Age (in years)	68	45
Educational Qualification	Graduate in Commerce Background BBA

Experience (including expertise	Mr. Pawan Kumar Sethia steers the 23 Years operations Balurghat ~ of in specific functional Technologies Ltd. For more than 25 areas)/ Brief resume years, he has worked closely with the team to enhance company protocols continually and bar raise the for operations. Joining strategic the Group at the age of 18 Mr. Pawan Kumar Sethia has served the group for almost 4 decades, he is known for his keen leadership. He oversees the planning, designing and funding of new view with projects, to a Group, towards directing the optimum utilization of resources and funds.	Proposed re-appointed be as to Whole-Time second Director for term Years Notice per of as 5 convening the 31% AGM read with explanatory statement thereto
Designation	Executive Director	Executive Director
Remuneration details As	mentioned in statement to Item No. 4	explanatory As mentioned in explanatory statement to Item No. 3
Number of shares held in the Company	26,600	23,900
Directorships in other Nil Companies		1. Momasar Business Private Limited 2. Atrai Management Services Private Limited 3. Vivek Outsourcing Services Private Limited 4. Hipship Online Service Private Limited
Membership/ Chairmanship of Committees of the Boards of other Companies	Nil	Nil
Relationship between He Directors inter-se	Whole related Time to is Directors and CFO of the Company Managing Director	Pawan Kumar Son of Mr. Sethia,

for and on Behalf of the Board of Directors Balurghat Technologies Limited Sd./- Date :12.08.2025 Sushma Kumari Agarwal Place: Kolkata Company Secretary & Compliance Officer