Salzer Electronics Ltd. — Interim / Quarterly Report 2025

May 26, 2025

May 26, 2025

To

M/s.BSE Limited | Floor, Exchange Plaza, C-1, Block G, New Trading Ring, Rotunda Building, BandraKurla Complex, Bandra (E), P.J.Towers, Dalal Street, Fort, Mumbai — 400 051 Mumbai - 400 001

THE CORPORATE RELATIONSHIP DEPT NATIONAL STOCK EXCHANGE OF INDIA LTD.,

Scrip Code :517059 Scrip Code : SALZERELEC

This is with reference to the captioned subject. We had filed our audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2025, in terms of Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sirs,
Sub:	FY25		Filing of revised audited Standalone and consolidated financial results for Q4FY25 and
terms	consolidated financial Regulation 30 of Disclosure Requirements) Regulations, 2015.	results for the fourth quarter and year ended Regulation read with 33 of	This is with reference to the captioned subject. We had filed our audited standalone and March 31, 2025, in Obligations and SEBI the (Listing
financial exceptional	both gains in changes Except for the	standalone consolidated and submitting the revised financial results for the aforesaid period. mentioned below, other figures all standalone and consolidated financial results remain unchanged.	Due to an inadvertent error in the basic and diluted EPS figures reported in the consolidated results, and in order to provide additional clarification on the treatment of the now we financial results, are and disclosures both the in
	S.No Change	Earlier stated that	Revised as
1	Point VI forming Exceptional standalone financial results	represents a) item part of Notes to net gain of Rs.1518.31 lakh, from arising sale _— of investment Kaycee in Industries Limited (Rs.1601.31 adjusted lakh), for impairment of investment in Salzer Kostad EV Chargers Limited Private (Rs.83 lakhs) under Ind AS 36	For FY25 - Exceptional item represents net gain of Rs.1518.31 arising lakh, from sale of investment in Subsidiary Kaycee - Industries Limited (Rs.1601.31 lakh), adjusted impairment for of investment Subsidiary in Company- Salzer Kostad EV Chargers Limited Private under (Rs.83 AS lakh) Ind 36,
			FY24 (Rs.36.71 Lakh) For b) Q3FY25_ and (Rs.25.10

eee és Phone : + + 91 422 4233600 Fax: ++ 91 422 2692170 ~ Registered J 2., E-mail : salzer@salzergroup.com Website : www.salzergroup.com Samichettipalayam, Coimbatore - 641 047, India.

SALZER	ELECTRONICS CIN : LO3210TZ1985PLC001535	LTD.
			Exceptional Lakh)- represent sale Investment Kaycee in Industries Ltd in respective period and For Q4FY25 (Rs.83 Lakhs) — c) impairment represents investment Subsidiary in Kostad Chargers Salzer EV Private Limited
	Point IV forming part of Notes to consolidated financial results.	NIL	exceptional The items for respective period, as presented standalone _ the financial in been excluded have results, from the consolidated financial have they results, as accounted appropriately under "Other Equity" in accordance Balance Sheet, in with the requirements of IND AS 110 - dealing with treatment of exceptional Item in consolidated
	Basic Error in and Diluted EPS consolidated in Financial results	Basic EPS —Rs.35.30/ Diluted EPS —Rs.35.21/ (Typo error Number)	Financial statements Basic EPS —Rs.29.75/- Diluted EPS —Rs.29.67/ (Correct Number)
For K	Thanking you a UL es M Murugesan Company Secretary & Compliance Officer Encl: As above	May please kindly take on record the revised filing ICS LTD

K M Murugesan es

SALZER ELECTRONICS LTD.

CIN : L032 10TZ1985PLC001535

	ELECTRONICS SALZER	LTD.
	CIN : L032 10TZ1985PLC001535
	Statement of Standalone Audited Financial Results for the Fourth Quarter and year ended March 31, 2025
			Quarter ended		Rs. In Lacs except for per share data	Year ended
	Particulars	31-03-2025		31-12-2024 31-03-2024	31-03-2025	31-03-2024
		Refer Note No.ix	Un-Audited	Audited	Audited	Audited
1	Income
a.	Revenue From Operations	36,558.51)	33,381.91)	31,757.28]	1,38,292.59]	1,13,557.55
b.	Other Income Total Income	260.24 36,818.75)	167.87 33,549.78]	41.13 31,798.41)	542.51 1,38,835.10	156.53 1,13,714.08
2	EXPENSES
a.	Cost of materials consumed	28,291.10)	25,644.47	23,849.71]	1,08,266.51	87,604.26
b.	Purchase of stock-in-trade	0.00	-	0.00	0.00	0.00
b '	Changes in inventories of finished goods,work- jin-progress and stock-in-trade	-339.73)	(1,127.37)	75.92	-3,401.68	-735.24
c.	Employee benefit expenses	1,500.32]	1,419.88]	1,220.33	5,389.38	4,229.11
d.	Finance Cost	1,059.91)	1,049.05	896.41	4,079.67	3,367.26
e.	Depreciation and amortisation expense Other expenses	569.88 4,489.23]	587.90 4,010.76]	515.47 3,519.30	2,229.21 15,544.89	1,906.25 11,439.34
f.	TOTAL EXPENSES	35,570.71)	31,584.69]	30,077.14)	1,32,107.98)	1,07,810.98
3	PROFIT BEFORE EXCEPTIONAL ITEMS AND	1,248.04	1,965.09)	1,721.27	6,727 :12	5,903.10
4	TAX (1-2) Exceptional items	-83.00	25.10	0.00	1,518.31	36.71
5	PROFIT BEFORE TAX	1,165.04	1,990.19)	1,721.27	8,245.43	5,939.81
6	TAX EXPENSE
a.	Current Tax	240.73	519.54	413.97	1761.59	1423.93
b.	Deferred Tax Total tax expense	100.98 341.71	13.41 532.95	99.40 513.37	258.01 2,019.60	197.24 1,621.17
7	PROFIT AFTER TAX (5-6)	823.33	1,457.24]	1,207.90	6,225.83	4,318.64
8	OTHER COMPREHENSIVE INCOME
4	Items that will not be reclassified to profit or loss	-42.38	-64.17	-28.48	11.00	68.09
b	{Items that will be reclassified to profit or loss	0.00	=_	an	0:08	one
	Total Other Comprehensive Income/ (Loss) (net of tax)	-42.38	-64,17	-28.48	11.00	68.09
9	TOTAL COMPREHENSIVE INCOME FOR THE PERIOD (7+8)	780.95)	1,393.07]	1,179.42	6,236.83	4,386.73
a	share capital - equity shares of Rs.10/- he	= 69571	1768.27	1,738.27	1,768.27	1,738.27
11	Reserves and Surplus (Other Equity)	-	-	-	51,259.79	44,868.41
12	EARNINGS PER SHARE ( of Rs.10/- each)
a.	Basic (in Rs.) Diluted (in Rs.)	4.66 4.66	8.22 8.22	6.95 6.83	35.30 35.21	25.77 24.42
b.

For Salzer Electronics Limited

* MANAGING DIRECTOR RAJESHKUMAR

CHIEF FINANCIAL OFFICER (DIN: 00003131)

Date : May 24, 2025 Place : Coimbatore

Samichettipalayam, Coimbatore - 641 047, India. Phone : + + 91 422 4233600 Fax: ++ 91 422 2692170 E-mail : salzer@salzergroup.com Website : www.salzergroup.com

Notes forming part of above STANDALONE results

• i) The above Audited financial results were duly reviewed by the Audit Committee at its meeting held on May 24, 2025, and were taken on record and approved by the Board of Directors at their meeting held on May 24, 2025.
• ii) | The Company operates in only one segment viz., Electrical installation products.
• iii) The Board recommended Dividend at the rate of 25% i.e Rs.2.50 per equity share of Rs.10/- each for the financial year 2024-25 and the Dividend, if approved by the shareholders, shall be payable to all eligible members whose names appearing in the Register of Members on the record date with the stipulated date
• iv) During the Financial year review
• a) 3,00,000 equity shares were allotted upon conversion of warrants exercised by warrant subscribers and thereby the paid up share capital of the Company increased from Rs.17,38,27,370 comprising of 1,73,82,737 equity shares of Rs.10/- each to Rs. 17,68,27,370 comprising of 1,76,82,737 equity shares of Rs.10/- each;
• b) Subscribed additional 1,46,643 equity shares of Rs.10/- each for cash consideration of Rs.14.66 Lakh in Salzer EV Infra Private Limited, a wholly owned subsidiary company and
• c) Sold out 1.60% equity stake in Subsidiary —Kaycee Industries Ltd in the market and generated a gain of Rs.16 Cr, and as the result of such sale, Holdings in this Subsidiary reduced to 71.91% with effect from
• v) The Board of Directors approved writing off the entire equity investment of Rs. 83 lakhs, representing 67% holding in the subsidiary company, Salzer Kostad EV Chargers Private Limited, as the venture to develop EV charging stations in partnership with Kostad, an Austrian company, was found to be operationally unviable, yielded no economic value from the investment, and has been fully impaired in accordance with Ind AS 36 in the financial year 2024—25, and suitably dealt with in the standalone results
• vi) With regard to Exceptional Items :
  • a) For FY25 Exceptional item represents net gain of Rs.1518.31 lakh, arising from sale of investment in subsidiary - Kaycee Industries Limited (Rs.1601.31 lakh), adjusted for impairment of investment in Subsidiary Company- Salzer Kostad EV Chargers Private Limited (Rs.83 lakh) under Ind AS 36, es oY 5D

Samichettipalayam, Coimbatore - 641 047, India. Phone : + + 91 422 4233600 Fax :+ +91 422 2692170 ISO 9001 : . Registered 20". E-mail : salzer@salzergroup.com Website : www.salzergroup.com

• b) For FY24 (Rs.36.71 Lakh) and Q3FY25 (Rs.25.10 Lakh)- Exceptional gain represent sale of Investment in Kaycee Industries Limited in the respective period and
• c) For Q4FY25 (Rs.83 Lakhs) represent impairment of investment in Subsidiary Salzer Kostad EV Chargers Private Limited
• vii) Basic Earnings per share and Diluted Earnings per Share have been prepared in accordance with IND AS 33 and presented on the expanded capital prevailing on the relevant date.
• viii) Comparative figures have been regrouped / reclassified wherever necessary to confirm to current period's presentation.
• ix) The Figures for the quarter ended March 31, 2025 are the balancing figures between the audited figures in respect of the full financial years and the published year to date figures upto the third quarter of the Financial year;

For SALZER ELECTRONICS LIMITED

Coimbatore - 641 047. D RAJESHKUMAR May 25, 2025 JOINT MANAGING DIRECTOR CHIEF FINANCIAL OFFICER (DIN:00003126)

SALZER	ELECTRONICS LTD. CIN : L038210TZ1985PLC001535		=
			Pe
			—
	STANDALONE AUDITED STATEMENT OF THE ASSETS AND LIABLITIES AS AT 31.03.2025
	Particulars	3/31/2025	3/31/2024
	ASSETS		Rs. In Lacs
	1 Non-current Assets
	(a) Property, Plant and Equipment	29002.28	24977.27
	(b) Capital Work in progress	262.04	239.75
	(c) Investment Property (d) Goodwill	0.77 93.42	0.77 135.24
	(e) Intangible Assets	391.97	285.40
	(f) Financial Assets
	i. Investments	1779.11	1759.42
	ii. Trade Receivables	0	0
	iii, Others (f) Other Non-Current Assets	253.57 815.23	191.37 530.23
	Total Non-Current Assets	32,598.39	28,119.45
	2 Current Assets
	(a) Inventories	36399.86	28962.08
	(b) Financial Assets
	i. Investments	855.69	693.06
	ii. Trade Receivables	40850.05	33152.00
	iii. Cash and Cash equivalents	164.94	132.03
	iv. Other Bank balances	365.82	276.76
	v. Loans vi. Others	141.91	137.79
	(c)}Other Current Assets	231.92 4899.56	297.68 \$241.12
	Total Current Assets	83909.75	68892.52
	TOTAL ASSETS	1,16,508.14	97,011.97
	EQUITY AND LIABILITIES
	EQUITY
(a)	Equity Share Capital Instruments entirely equity in Nautre - Non	1,768.27	1,738.27
(b)	Cumulative 5% Covertible Preference shares	0.00	0.00
(b)	Other Equity	51259.79	44868.41
	Total Equity	53,028.06	46,606.68
	LIABILITIES
	1 Non-current Liabilities
	(a) Financial Liabilities i. Borrowings	2259.75
		1.77	1298.75 85.86
		2699.49	2458.10
(c)	(b) Provisions Deferred tax liabilites (net)		3842.71
	Total Non-current Liabilites	4961.01
	2}Current Liabilities
	(a) Financial Liabilities
	i. Borrowings	39561.64	29488.18
	ii. Trade Payables	16454.73	14521.60
(b)	iii. Others Other Current Liabilites	92.71	124.09
(c)	Provisions	1267.21	1165.62
(d)	Current Tax Liabilities (Net)	973.65	1055.92
	Total Current Liabilites TOTAL EQUITY AND LIABILITIES	169.13 58519.07	207.17 46562.58

SALZER ELECTRONICS LIMITED, COIMBATORE Standalone Cash Flow Statement for the Year ending 31st March, 2025
PARTICULARS	RS IN LAKHS Year ending 31st March,	RS IN LAKHS Year ended 31st March,
CASH FLOW FROM OPERATING ACTIVITIES A.	2025	2024
Profit/(Loss) after tax	6,225.83	4,318.64
Adjustments for:
Tax expenses	2,019.60	1621.16
Depreciation and Amortisation Interest from Bank Deposits	2,229.21	1,906.25
Finance Costs	-29.45 4,079.67	-33.48 3,367.26
Gain on Foreign Exchange Fluctuations (Net)	-287.77	-32.77
Lease Rental Charges-Machinery Dividend Income against Other Investments	217.47	200.19
Profit on Sale of Investments (Kaycee)	-53.38 -1,601.31	-32.90 -36.71
Profit or Loss on Sale of Assets (Net)	247.76	-0.35
Fair Valuation of Investments Impairement on Goodwill	47.09	177.42
Impairment of Investments	41.82 83.00	55.46
Non-operating Income	-171.91	- -57.01
Other Comprehensive Income	-52.70	-72.00
Operating Profit before working capital changes Adjusted for working capital changes	12,994.93	11,381.15
Changes in Inventories	-7,437.77	-1,957.06
Changes in Trade Receivables and Other Receivables	-7636.40	-4,793.94
Changes in Other Current Assets Changes in Trade Payables and Other Payables	341.55 1,901.75	-1,015.17 -831.01
Changes in Other Current Liabilities	-64.78	437.28
Cash Generated from Operations	99.28	3,221.25
Direct Taxes Paid Net Cash Flow from Operating Activities	-1798.92 -1,699.64	"1,216.75. 2,004.50
CASH FLOW FROM INVESTING ACTIVITIES B. Investments In Fixed Assets	-6,864.73
Increase/Decrease in Capital Work in Progress	-22.29	-4,310.86 -176.65
Non-Operating Income	171.91	57.01
Proceeds from Sale of Investments Proceeds from Sale of Fixed Assets	1,779.53	100.32
Investment in Mutual Funds and Equities-Net	256.19 -162.63	3.13 -270.26
Investment in Subsidiary/Associate	-17.67	-59.00
Other Non-Current Investments	-263.94	-0.05
	-347.20 53.38	264.41 32.90
Other Non-Current Assets-Advance given for Capital Expenses Dividend Income	29.45	33.48
Interest from Bank Deposits Increase in Other Bank Balances		385.20

Samichettipalayam, Coimbatore - 641 047, India. Phone : + + 91 422 4233600 Fax : + + 91 422 2692170 E-mail : salzer@salzergroup.com Website : www.salzergroup.com

The above cash flow has been prepared under the "Indirect Method" as set out in Indian Accounting Standard (Ind AS) 7- Statement of Cash Flows.

Soalz2zer

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : sr_cas2004@yahoo.co.in

ef. No. : Date : nA Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requ ae Regulations, 2015, as amended

To

The Board of Directors of Salzer Electronics Limited Coimbatore -641047

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement of standalone annual financial results of Salzer Electronics Limited (the "Company") for the year ended March 31, 2025 ("Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

• i. is presented in accordance with the requirements of the Listing Regulations in this regard; and
• ii. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, of the net profit and other comprehensive income, and other financial information of the Company for the year ended March 31, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended (the "Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Standalone Financial Results" section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical reay ; ments that are

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : sr_cas2004@yahoo.co.in

ef, No. : Date : 25} 2DDS

relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

Management's Responsibilities for the Standalone Financial Results

The Statement has been prepared on the basis of the standalone annual financial statements. The Board of Directors of the Company are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income of the Company and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 & 52 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters relating to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise fronyfraudor error and are & a

CHARTERED ACCOUNTANTS

90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : sr_cas2004@yahoo.co.in

Ref. No.: Date : les|202

considered material if, individually or in the aggregate, they could reasonably'be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit
• procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

Swamy & Ravi CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 0 Ph : 0422 - 2446537, 4384536 8. \ E-mail : sr_cas2004@yahoo.co.in

Ref. No. : — JAN 05 20%

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matter

The Statement include the results for the quarter ended March 31, 2025 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to nine months ended December 31, ²⁰²⁴ which were subject to limited review by us.

²For Swamy & Ravi A i ^S Date: May 24, 2025 Van '9 Nar ia

Place: For SWAMY & RAVI MDa & lo} b Tore Chartered Accountants Unit Firm Regn. No : G04347S

IGQAAESSBMINVRISHS 3 INanwd- ING Zips] 3025

Riamelu hi f ai M. Mo: 223555 Uf cner

405-B, Kasthuri Dhama Apartment, 9th Cross, 8th Main, Malleswaran, Bangalore - 560 003. © O80 - 23341957

SALZER ELECTRONICS LTD. CIN : L03210TZ1985PLC001535 Soler

	ELECTRONICS SALZER	LTD.			Soler
	CIN : L03210TZ1985PLC001535
	Statement of Consolidated Audited Financial Results for the Fourth Quarter and year ended March 31, 2025					Rs. In Lakhs
		3/31/2025	Quarter ending 12/31/2024]	3/31/2024	Year ending 3/31/2025	3/31/2024
		Ref. Note No. ii	Unaudited	Audited	Audited	Audited
1	INCOME
a b	{Revenue From Operations Other Income	37,573.07	34,146.09
		248.45	271,51	32,657.03	1,41,832.84	1,16,631.43
	TOTAL INCOME	37,821.52	34,317.60	25.06 32,682.09	533.97 1,42,366.81	194.76 1,16,826.19
2 a	EXPENSES Cost of materials consumed	27,365.23	25,915.39	24,237.53	1,08,295.99
b	Purchase of Stock-in-Trade	1,267.53	0.00	0.00	1,267.53	88,846.68 0.00
c d	Changes in inventories of finished goods and work-in-progress Employee benefit expenses	-302.83 1,634.52	-1,123.09 1,553.27	68.77 1,327.28	-3,369.15 5,896.87	-747.15 4,664.28
e	Finance Cost	1,067.84	1,056.31	906.07	4,113.73	3,408.58
f g	Depreciation and amortisation expense Other expenses	596.66 4,693.87	617.67 4,201.62	541.66 3,715.00	2,341.79 16,352.00	2,011.22 12,169.66
	TOTAL EXPENSES	36,322.82	32,221.17	30,796.31	1,34,898.76	1,10,353.27
3 4	PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX (1-2) Exceptional items	1,498.70 0.00	2,096.43 0.00	1,885.78 0.00	7,468.05 0.00	6,472.92 0.00
5	PROFIT BEFORE TAX	1,498.70	2,096.43	1,885.78	7,468.05	6,472.92
6 a	TAX EXPENSES Current Tax	309.19	557.14	461.56	1,969.73	1,576.15
b	Deferred Tax	96.06	10.90	92.38	249.77	190.21
7	Total Tax Expense Share of profit from Associate	405.25 1.33	568.04 (3.43)	553.94	2,219.50 -2.10	1,766.36 0.00
8	PROFIT AFTER TAX (5-6)	1094.78	1,524.96	1331.84	5,246.45	4706.56
	a Attributable to Owners of the Company (Holding Co) b Attributable to Non-controlling Interest	1,018.53 76.25	1,498.94 26.02	1,290.15 41.69	4,603.06 643.39	4,587.52 119.06
9	OTHER COMPREHENSIVE INCOME
a b	ltems that will not be reclassified to profit or loss Items that will be reclassified to profit or loss	-46.71 0.00	(63.89) 0.00	-34.31 0.00	6.95 0.00	62.25 0.00
	Total Other Comprehensive Income/ (Loss) (net of tax)	-46.71	-63.89	-34.31	6.95	62.25
	10 TOTAL OTHER COMPREHENSIVE INCOME FOR THE PERIOD a Attributable to Owners of the Company (Holding Co)	1,048.07 971.82	1,461.07 1,434.76	1,297.53 1,257.39	5,253.40 4,611.14	4,768.81 4,651.30
11	b Attributable to Non-controlling Interest	76.25	26.31	40.14	642.26	117.51
12	Share Capital (Equity Shares of Rs.10/- each) Reserves and Surplus (Annualized)	1,768.27	1,768.27	1,738.27	1,768.27 52,686.62	1,738.27 45,607.87
13 a	EARNINGS PER SHARE Basic after exceptional items (in Rs.)	6.19	8.77	7.42	29.75	27.38

Date : May 24,2025 Place : Coimbatore

Samichettipalayam, Coimbatore - 641 047, India. Phone : + + 91 422 4233600 Fax: + +91 422 2692170 E-mail : salzer@salzergroup.com Website : www.salzergroup.com

For Salzer Electronics Limited pe D RAJESHKUMAR

JOINT MANAGING DIRECTOR CHIEF FINANCIAL OFFICER (DIN: 00003131)

*

Notes forming part of above CONSOLIDATED results

• i) Holding Company and Subsidiary company are primarily engaged in manufacturing only one segment (single segment) viz., Electrical installation products;
• ii) |The Board of Directors approved writing off the entire investment of Rs. 34.75 lakhs, representing 98.50% holding in the step-down subsidiary, Salzer Emarch Electromobility Private Limited, held through Salzer EV Infra Private Limited, as the envisaged project for manufacturing vehicle conversion kits through step-down subsidiary was found to be unsustainable in terms of operations, yielded no economic returns, and was fully impaired in accordance with Ind AS 36 in the financial year 2024-25, and suitably dealt with in consolidated results
• iii) The above audited financial results were duly reviewed by the Audit Committee at its meeting held on May 24, 2025 and were taken on record and approved by the Board of Directors at their meeting held on May 24, 2025 along with the Audit report issued by the Statutory Auditor on Financial Results;
• iv) The exceptional items for the respective period, as presented in the standalone financial results, have been excluded from the consolidated financial results, as they have been appropriately accounted for under "Other Equity" in the Balance Sheet, in accordance with the requirements of IND AS 110 dealing with treatment of exceptional Item in consolidated Financial statements
• v) The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial years, which were subjected to limited review. Figures for the previous periods have been regrouped, wherever necessary, to conform to the current period's classification.

For SALZER ELECTRONICS LIMITED

Wee

Coimbatore - 641 047. D RAJESHKUMAR May 25, 2025 JOINT MANAGING DIRECTOR CHIEF FINANCIAL OFFICER (DIN:00003126)

Gy Samichettipalayam, Coimbatore - 641 047, India. V Phone : + + 91 422 4233600 Fax: ++ 91 422 2692170 E-mail : salzer@salzergroup.com Website : www.salzergroup.com ISO 9001 COTES aaa UKAS Re Lele e

SALZER ELECTRONICS LTD. ——— | ad —|

AUDITED CONSOLIDATED BALANCESHEET AS ON 31/03/2025

SALZER	ELECTRONICS LTD. CIN : L03210TZ1985PLC001535	———	ad —
	AUDITED CONSOLIDATED BALANCESHEET AS ON 31/03/2025
		RS. IN LAKHS
Particulars		As at Mar 31, 2025	As at Mar 31, 2024
I	ASSETS Non-current Assets
J (a)	Property, Plant and Equipment	29724.47
(b) (c)	Capital Work in progress Investment Property	262.04
(d)	Goodwill	0.77 732.73
(e) (f)	Intangible Assets Financial Assets	403.42
	i. Investments	1128.48
(f)	iii. Others Other Non-Current Assets	431.67 843.81
	Total Non-Current Assets	33,527.39	27,998.96
2 (a)	Current Assets Inventories	36773.36
(b)	Financial Assets i. Investments	882.42
	ii. Trade Receivables	40547.62
	iii. Cash and Cash equivalents iv. Other Bank balances	351.55 \$71.83
	v. Loans vi. Others	141.91 231.92
(c)	Other Current Assets	4947.93
	Total Current Assets TOTAL ASSETS	84,448.54 1,17,975.93	71,320.57 99,319.53
Il	EQUITY AND LIABILITIES
4 (a)	EQUITY Equity Share Capital	1768.27
(b)	Other Equity	52686.62
	Equity attributable to the Owners of the Company Non Controlling interest	54,454.89 838.72	47,346.15
	Total Equity	55,293.61	48,040.64
2	LIABILITIES Non-current Liabilities
(1) (a)	Financial Liabilities
	i. Borrowings ii. Lease Liabilities	2231.51 305.09
	iii. Other financial liabilities	tS
	Provisions Deferred tax liabilites (net)	20.76 2691.59
(b) (c)	Other Non-Current Liabilities Total Non-current Liabilites	26.45 5,283.15	4,248.99
(d)
(2) (a)	Current Liabilities Financial Liabilities	39555.97
	i. Borrowings
	li. Current maturity of Leased liability iii. Trade Payables	57.60
	a. Due to Micro & Small Enterprises	2011.39
	b. Due to Others iii, Others	13091.20 98.35
(b) (c)	Other Current Liabilites Provisions	1385.47
(d)	Current Tax Liabilities (Net)	996.28 202.91
	Total Current Liabilites TOTAL EQUITY AND LIABILITIES	57,399.17	47,029.90

Phone Samichettipalayam, : + + 91 422 4233600 Coimbatore Fax: ++ - 641 91 047, 422 India. 269217 ISO 9001 ETI Ae E-mail : salzer@salzergroup.com Website : www.salzergroups

SALZER ELECTRONICS LTD. —j— | —|

SALZER ELECTRONICS CIN : LO3210TZ1985PLC001535	LTD.			—j—
	SALZER ELECTRONICS LIMITED
CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2025	Year Ended			Year Ended
	31.03.2025 Amount in Rs.(Lacs)			31.3.2024 Amount in Rs.(Lacs)
A. CASH FLOW FROM OPERATING ACTIVITIES
Net profit after tax		5,250.66		4,706.56
Adjustments for:
Tax Expenses Depreciation	2,219.50 2,341.79		1,766.35 2,011.22
Interest Income	-60.20		-57.26
Finance Costs Rental Income	4,113.73 -13.06		3,408.58 -5.10
Lease Rental Income from Machinery	-2.38		-28.00
(Gain)/Loss on Foreign Exchange Fluctuations (net) Dividend Income	-287.77 -6.72		-32.77 -4.79
Impairment of Goodwill	41.82		55.46
(Profit) / Loss on sale of Investments (Profit) / Loss on sale of Fixed Assets	- 247.81		-3.31 -1.65
Fair valuation of investments	47.28
Other Non Operating Income Other Comprehensive Income	-60.06 -58.30	8,523.44	-4.88 -5.84	7,098.01
Operating Profit before working capital changes		13,774.10		11,804.57
Add: Adjustments for working capital changes Inventories	-7,424.72		-1,968.55
Trade and other receivables	-5,531.23		-4,873.49
Other Current Assets Trade and other Payables	-269.61 5,366.57		-1,030.59 -836.39
Other Liabilities	-5,080.66	-12,939.65	296.05	-8,412.97
Cash generated from operations		834.45		3,391.60
Direct tax paid		-1,963.10		-1,334.33
Net cash from operating activities		-1,128.65		2,057.27
B. INVESTING ACTIVITIES :
Investments in Fixed assets (Net)	-6,945.22		-4,202.22
Increase/ Decrease in Capital Work in Progress	-22.29		-176.66
Non Operating Income Proceeds from Sale of Fixed Assets	60.06		4.88
Rental Income Received	357.60 13.06		43.74 5.10
Changes in Other Bank Balances	310.46		128.61
Changes in Other Non-Current Financial Assets Changes in Other Non-Current Assets	-147.60 -286.31		-127.72 333.35
Investment in Mutual Funds and Equitites (Net) Dividend Received	-186.24 6.72		-273.38 4.79
Interest Received	60.20		57.26
Non-Current Investments Made	-1,116.03	-7,895.59	0.05	-4,202.25
Net cash used in investing activities		-7,895.59		-4,202.25

C. FINANCING ACTIVITIES:

ELECTRONICS	LTD.		——
C. FINANCING ACTIVITIES:
Proceeds/(Repayment) from Short Term Borrowings	10,067.79
Sale Proceeds from Sale of Shares of Kaycee by Salzer	1,778.95		2,548.24
Changes in Current Maturities of Lease Liabilities			100.27
Changes in Long-term Maturities of Lease Liabilities	-		-
Changes in Other Non-Current Financial Liabilities	= LIS		> -1.38
Money received against share warrants	-208.89		2,297.57
Increase in Share capital	30.00		-
Increase in Share Premium	805.50
Long Term Borrowings -Receipts	932.75		- 520.69
Increase/(Repayment) of non current liabilities	-80.54		1.38
Interest and finance Charges	-4,113.73		-3,408.58
Lease Rental Income from Machinery	2.38		28.00
Gain/(Loss) on Foreign Exchange Fluctuations	287.77		32.77
Dividend and dividend tax paid	-458.88	9,050.85	-376.97	1,741.99
Net cash from financing activities		9,050.85		1,741.99
Net increase in cash and cash equivalents (A+B+C)		26.61		-402.99
ADD: Upon addition of new Subsidiary				65.60
Add : Opening Cash and Cash Equivalents		324.93		727.92
Closing Cash balance		351.54		324.93

CHARTERED ACCOUNTANTS

90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : sr_cas2004@yahoo.co.in

as

Ref. No. : . ; Date : aulp Independent Auditor's Report on Audited Consolidated Annual Financial s of the Company Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

To the Board of Directors Salzer Electronics Limited Coimbatore-641047

• We have audited the accompanying Statement of Consolidated Financial Results of Salzer Electronics Limited ("the Parent") and its subsidiaries {the Parent and its subsidiaries together referred to as ("the Group"), and its share of the net profit/loss after tax and total comprehensive gain /loss of its associates for the year ended March 31,2025 ("the statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
• In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the report of the other auditors on separate audited financial statements/ financial results/ financial information of the subsidiaries and associates, the aforesaid consolidated annual financial results:
  • |. The Statement includes the results of the following entities:

a) Parent Company

• i. Salzer Electronics Limited
• b) Subsidiaries
• i. Kaycee Industries Limited
• ii. Salzer EV Infra Private Limited (Wholly owned subsidiary)
• iii, Salzer Electronics Arabia Limited (Wholly Owned Overseas Subsidiary) — With effect from September 30,2024- Only Incorporation done and not yet commenced
• iv. Salzer Kostad EV Charges Private Limited

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : sr_cas2004@yahoo.co.in

Swamy & Ravi

Ra

Ref. No. :	c)				Subsidiary of Salzer EV Infra Private Limited		fate :	QY \os 2p aT
		Salzer i. Subsidiary)	Emarch	Electro	mobility	Private	Limited	(Step-down
	d)		Associate of Subsidiary company

i. ULTRA fast charges

of Listing Regulations in this regard; and

• Il. are presented in accordance with the requirements of Regulation 33 and 52
• lll. give a true and fair view in conformity with applicable Indian Accounting standards, and other accounting principles generally accepted in India, of the consolidated net profit and other comprehensive income and other financial information of the group and associates for the financial year ended March 31, 2025.
• iV. Basis for Opinion:
• 1. We conducted our audit in accordance with the standard on Auditing (SA) specified under Section 143(10) of the Companies Act,2013. Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the consolidated Financial Results" section of our report. We are independent of the Group and its associates in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the consolidated financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their report referred to in "Other Matters" paragraph below, is sufficient and appropriate to provide a basis of opinion.
• 1. Board of Director's Responsibilities for the Consolidated Annual Financial Results:

These consolidated annual financial results have been prepared based on the consolidated annual financial statements. The Holding Company's Board of directors are responsible for the preparation and presentation of these

405-B, Kasthuri Dhama Apartment, 9th Cross, 8th Main, Malleswaran, Bangalore - 560 003. © O80- 23341957

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail mil : sr_cas 2004@yahoo.co.i @yahoo.co.in OY DY

Ref. No.: profit and other comprehensive income and other finang},information of the Group including its associates in accordance with the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant Rules issued thereunder and other accounting principles generally accepted in India and in compliance with the Regulations 33 of the Listing Regulations. The respective Board of Directors of the companies included in the Group and of its associates are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets each company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated annual financial results by the Board of Directors of the Holding Company, as aforesaid.

1. In preparing the consolidated annual financial results, the respective Board of Directors of the companies included in the Group and of its associates are responsible for assessing the ability of the Group and its associates to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

During the year, the Holding Company has written off its entire investments in its subsidiary, Salzer Kostad EV Chargers Private Limited, and in its step-down subsidiary, Salzer Emarch Electromobility Private Limited, considering lack of operational viability, and absence of future economic benefits expected from these entities. Based on this assessment, the respective Board of Directors of the Group companies have evaluated the recoverability and carrying values of these investments, and concluded that the write-off is appropriate. The Board of Directors, however, continues to prepare the consolidated financial results on a going concern basis for the remaining operations of the Group.

1. The respective Board of Directors of the companies included in the Group and of its associates are responsible for overseeing the financial reporting process of the Group and of its associates.

405-B, Kasthuri Dhama Apartment, 9th Cross, 8th Main, Malleswaran, Bangalore - 560 003. © O80- 23341957

Ref. No. :

Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Date : Ques 20d esu

• & Our objectives are to obtain reasonable assurance about whether the consolidated annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated annual financial results.
• As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
  • e Identify and assess the risks of material misstatement of the consolidated annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
  • e Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
  • e Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors
  • ¢ Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a gar &

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : sr_cas2004@yahoo.co.in

Ref. No. :

draw attention in our auditor's report to the relatgg,.disclosures in the Consolidated Annual Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern

• e Evaluate the overall presentation, structure and content of the Consolidated Annual Financial Results, including the disclosures, and whether the Consolidated Annual Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
• * Obtain sufficient appropriate audit evidence regarding the Annual standalone/consolidated financial statements/financial results/financial information of the entities within the Group to express an opinion on the Consolidated Annual Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Consolidated Annual Financial Results of which we are the independent auditors. For the other entities included in the Consolidated Annual Financial Results, which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

Materiality is the magnitude of misstatements in the Consolidated Annual Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Annual Financial Results may be influenced. We consider quantitative materiality and qualitative factors (i) in planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Consolidated Annual Financial Results.

We communicate with those charged with governance of the Parent and such other entities included in the Consolidated Annual Financial Results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, ...and~to

Ref. No. : communicate with them all relationships and other matters thag;nay reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33{8) of the Listing Regulations, as amended, to the extent applicable and as received from the component auditors.

Other Matters

The consolidated Financial Results includes the audited Financial Results of the subsidiary, whose financial information reflect Group's share of total assets of Rs.3018.54 Lakhs as at March 31, 2025, Group's share of total revenue of Rs.3825.41 Lakhs and Group's share of total net profit after tax of Rs. 414.97 Lakhs for the period ended March 31, 2025, as considered in the consolidated Financial Results, which have been audited by their respective independent auditors. The independent auditors' reports on Financial Results/financial information of the subsidiary have been furnished to us and our opinion on the consolidated Financial Results, in so far as it relates to the amounts and disclosures included respect of these entities, is based solely on the report of such auditors and the procedures performed by us are as stated in paragraph above.

Our opinion on the consolidated Financial Results is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the Financial Results/financial information certified by the Board of Directors.

The Statement includes consolidated results for the period ended March 31, 2025, being the balancing figure between audited figures in respect of the full financial year ended March 31, 2025 and the published year to date figures upto the third quarter of the current financial year, which were subject to limited review by us, as required under the Listing Regulations

{> i eo) (2 UZ .| Date: May 24, 2025 \3] |

AMY . (S3 > For Swamy & Ravi

S&S ' For SWAMY & RAVI Place: bpimb oto Chartered Accountants Firm Regn. No: 0043175

405-B, Kasthuri Dhama Apartment, 9th Cross, 8th Main, Malleswaran, Bangalore - 560 003. © O80 - 23341957

BB QQZB5E5 RNIN VS 1289

Annexure -B

Declaration with respect to Financial Results for the financial year ended March 31, 2025, pursuant to Regulation 33(3) (d) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015

I, Mr. D Rajeshkumar, Joint Managing Director and Chief Financial Officer of Salzer Electronics Limited, hereby declare that M/s. Swamy & Ravi, Chartered Accountants, Statutory Auditors of the Company have issued an Audit Report with unmodified opinion on Audited Financial Results of the Company (Standalone and Consolidated) for the quarter and year ended March 31, 2025.

Please take note of the same.

Thanking you

Yours faithfully, For Salzer Electronics Limited

D Rajeshkumar Joint Managing Director and Chief Financial Officer

ANNEXURE — C: The details as required in respect of item No.5 to 7 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024

S. O	ANNEXURE 2024 Name of N Appointee	The details — C: Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November removal, Change appointment, Date the Reason for viz., death or otherwise; resignation,	of Appointment(as Brief term applicable) & appointment	as required in respect of item No.5 to 7 under Regulation 30 of SEBI (Listing Obligations and case Profile (In of Appointment)	of Disclosure of Relationships between Directors (in case of appointment
12	GN: Associates, Practicing Company Secretaries, Coimbatore	and Pursuant to Regulation 24A of the Listing The Board of Directors of G.V. Directors the Regulations, Board the of approved and recommended to Members meeting of the Company the appointment G.V. and 24,2025 Associates, Practicing Company Secretaries, and Coimbatore as Secretarial Auditors of the appointment of G.V. and expertise Company term the for of first consecutive years financial from the financial year 2025-26 subject to the approval of the shareholders at the ensuing Annual General Meeting	Company at held May on has recommended five Associates the for commencing term of five consecutive years financial commencing from the 2025-26, financial year subject to the approval of shareholders the at the Annual ensuing General Meeting	Associates and is a} their Company Secretaries firm applicable which established has a approved stronghold Corporate in the Law practice with diverse in first domains. The partners team and have the engaged the Field of in Corporate Laws, Securities Exchange Laws, Foreign management Laws, Intellectual Property Laws, Insolvency and Bankruptcy law. The firm has its office Coimbatore and at Chennai	of a Director) Not

ubramania Raja, Practicing of the Cost Accountants	Mr.A.R.Ramas The Board of Directors at their meeting Appointed held on May 24,2025 on recommendation 2025 for the financial year Raja, Audit Committee, approved appointment of Mr. A R Ramasubramania Raja, Practicing Cost Accountants, Coimbatore as the Cost Auditor of the Company for the financial year 2025-26 subject to confirmation of — the Shareholders at the forthcoming Annual General Meeting	on May 24, the 2025-26	Mr. A R Ramasubramania Not has been Cost audit services for more than 10 years to the Company. He is an technocrat having 40+ years work experience in various industries. Handled costing and audit assignments in engineering, textiles, paper, health electrical, care, poultry, foods , agriculture , plastics & polymer etc.	providing applicable
D A TT Associates, Chartered Accountant	&/ The Board of Directors at their meeting Appointed held on May 24,2025 approved appointment of DAT & Chartered Accountant, as Internal Auditors year 2025-26 for a term of three years from the Financial year 2025-26	on May the 2025 for a term of three practical experience in the Associates, years from the Financial auditing field. They have	24, The Firm has an extensive Not handled departmental GST GST appeals and audits, bank statutory litigation, audits, stock audits, ECGC audits, and tax audits of businesses, companies and proprietorship sole concerns.	applicable

ANNEXURE — D : The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024,

	ANNEXURE — D : The details as Obligations and Disclosure	required under Regulation 30 of SEBI (Listing Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024,
S. No.	Particulars	Details
=	amount & percentage of turnover or revenue or income and net worth of the listed entity contributed by such unit or division during the last financial year;	Salzer Kostad EV Charges Private Limited, Subsidiary Company, had not commenced any business operations since formation. Hence no contribution to the turnover or revenue or income and net worth contributed by such subsidiary of the listed entity was made during the last financial year
b.	date of such binding agreement, 2 if any, entered for sale of such nitidiceinn Goa: nee 7 us	The Board of Directors at their meeting held on : : ff writi d 24,2 May 24,205 approved writing off M2Y the entire equity investment of Rs. 83 lakhs, representing 67% aie re holding in the subsidiary company, Salzer Kostad EV Chargers Private Limited, as the venture to develop EV charging stations in partnership with Kostad, an Austrian company, was found to be operationally unviable, yielded no economic value from the investment, and has been fully impaired in accordance with Ind AS 36 in the financial year 2024-25, and suitably dealt with in the results
z 5	date of closure or estimated time of closure;	Not applicable — impairment recognised in FY 2024-25 financial statements.
d.	Reasons for closure.	As mentioned above
	ANNEXURE — E : The details as required Obligations and Disclosure	under Regulation 30 of SEBI (Listing Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024,
S. No.	Particulars	Details
	amount percentage & of revenue income turnover or or worth and net the listed of contributed such entity by unit during division the or last financial year;	The step-down subsidiary, Salzer Emarch Electromobility Private Limited, did not contribute any revenue in the last financial year and had no significant net worth; the entire investment of %34.75 lakhs has been fully impaired.

S. No.	Particulars	Details
	amount percentage & of income turnover or revenue or worth and the net listed of contributed such entity by unit during division the or last financial year;	The step-down subsidiary, Salzer Emarch Electromobility Private Limited, did not contribute any revenue in the last financial year and had no significant net worth; the entire investment of %34.75 lakhs has been fully impaired.

date of such binding agreement, entered for sale of such if any, unit/division, if any;	Approved investment writing off the entire of R 98.50% representing 34.75 holding lakhs, th in step-down subsidiary, Salzer Emarch Electromobili Private Limited, held through Salzer EV Infra Priva Limited, as the envisaged project for manufacturir conversion through vehicle step-dow kits subsidiary was found to be unsustainable in terms economic operations, yielded and returns, no we accordance with fully impaired Ind AS 36 in th in 2024-25, and financial year suitably with dealt consolidated results
date of closure or estimated time of closure;	impairment recognised applicable Not FY — in 2024-25 financial statements.
reasons for closure.	As mentioned above

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