Your directors haw Pleasure m presenting the 34* Annual Report together with audited statement of accounts for the year ended 31' March 2024

Financial Performance: - (Amount in Rs.)

FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCE

During the year the company has earned a profit of Rs. 25.52 lakh as compared to previous year of profit Rs. 198.39 lakh during the peiiod under
review.

INDIAN ACCOUNTING STANDARDS (IndAS)

The Financial Results for the year 2023-24 have been prepared in accordance with Ind AS, prescribed under Section 133 of the
Companies Act, 2013 read with the relevant rules issued there under and the other recognized accounting practices and policies to
the extent applicable. The Financial Results for all the peiiods of2023-24 presented have been prepared in
accordance with Ind AS.

PUBLIC DEPOSITS

Dining the year under review, your Company has neither invited nor accepted any deposits from the public falling within the ambit of
Section 73 of the Act and the Companies (Acceptance of Deposits) Rules, 2014.

DIVIDEND

In view of the past track of the financial position of the company' not to earn much more profits and its occurred loss since last
several year companies is not in the position is to distribute Dividend to its shareholders.

TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND

Since no dividend was declared in the last year, the provisions of Section 125 of the Companies Act, 2013 does not apply.

Share Capital:

There is no change in the Authorised Share Capital and paid up Share Capital of the Company' dining the Financial year.

PROCEEDING UNDER THE INSOL VENCY.4ND BANKRUPTCY CODE. 2016

There are no proceedings initiated by the Company or against the Compart}’.

ONE TIME SETTLEMENTS

The Compam’ has trot undergone any OTS (One Time Settlement).

INVESTOR SERVICES

The Company is committed to provide the best services to the shareholder/investors. M/s Skyline Financial Services
Pr ivate Limited, New Delhi is working as Registrars and Share Tr ansfer Agents (RTA) of the Company> for transfer,
dernaterialization of shares and other investor related services. No correspondence/ enquiry fiorn any
shareholder/investor is pending with the company for reply.

DIRECTORS AND KMP:

r DIRECTORS’ RESPONSIBILITY STATEMENT:

The Directors responsibility statement pursuant to section 134 (5) of the Companies Act, 2013 is annexed there to
Directors have pleasure to State:

i) That in the preparation of the annual accounts for the financial year ended 31st March 2024 the applicable
accounting standards have been followed along with proper explanations if any relating to material departures.

ii) That the Directors have selected such accounting policies and applied them consistently> and made judgments
and estimates that are reasonable and prudent, so as to give a true and fair view of the statement of affairs of
the Company> at the end of the financial year and the Profit/ Loss of the Company for the year under review.

iii) That the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in
accordance with the provisions of the Companies Act, 2012 for safeguarding the assets of the Company and for
preventing and detecting fi aud and other irregularities.

iv) That the Directors have prepared the annual accounts ongoing concern basis.

v) That the Directors, have laid down the Internal Financial control to be followed by the Company and that such
internal Financial Controls are adequate and were operating effectively\

vi) That the Director have devised proper system to ensure compliance with the provision of all applicable law that
such system was adequate and operating effectively.

DECEARA TION FROM INDEPENDENT DIRECTOR

The Company has received declarations fi om all the Independent Directors of the Company• confirming that they meet the
aiteiia of independence as prescribed both under sub-section (6) of Section 149 of the Companies Act, 2013 and SEBI (LODR)
Regulations, 2015.

SECRETARIAL AUDIT REPORT

Pursuant to the provisions of section 204 of the Companies Act, 2013 and the Companies (Appointment and remuneration of managerial persons)
rules, 2014, the Company has appointed M/s Gulista & Associates Company Secretaries, CS Gulista (M. No. 49402, COP No. 24089) to
undertake the Secretarial Audit of the Company for the financial period 2023-24

The Secretaiial Audit report for the financial peiiod ended 31^st march, 2024 is attached as Annexure- A of this Board's report. The Secretarial
Audit repori does not contain any qualification, reseivation or adverse remark.

CORPORA TE SOCIAL RESPONSIBILITY:

The Company is not required to constitute a Corporate Social Responsibility Committee as it does not fall within the purview of

Section 135(1) of the Companies Act 2013 and hence it is not required to formulate policy on Corporate Social responsibility.

RISK MANAGEMENT POLICY:

The Company has in place a dynamic Risk management framework for a systematic approach to con trol risks as the framework
identifies, evaluates business lisks and opportunities and seeks to create transparency/ and minimize adverse impact on the
business The iisk management process is appropriately' handled by' functional heads. As on Date, the Company envisages risks
which could threaten the existence of the company.

FIXED DEPOSITS:

Dining the year under review, neither any fixed deposit has been invited nor airy> fixed deposit have been renew ed by> the
Company/ under the provisions of section 73 of the Companies Act, 2013, read with Companies (Acceptance of Deposits) Rules,

1975from the public.

CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION AM) FOREIGX EXCHANGE EARNING AND OUTGO.

Statement pursuant of Section 134 (3) (m) of the Company' Act, 2013 are annexed hereto and forming part of the report.

RELATED PARTIES TRANSACTIONS

Company during the financial year with related parties were in the ordinary course of business and on an arm’s length basis.
Dining the year, the Company' had not entered into any' conti'act/arrangement/transaction with related parties which could be
considered material in accordance with the provisions of Regulation 23 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. Accordingly, the disclosure of Related Party Transactions as required under Section 134(3)(h)
of the Companies Act, 2013 in Form AOC2 is not applicable. The Policy on dealing with related party/ transactions as approved
by the Board may be accessed on the Company's website at the link: www.scagrotech.in

PARTICULARS OF LOANS. GUARANTEES OR INVESTMENTS

Details of Loam, Guarantees, Securities and Investments covered under the provisions of Section 1S6 of the Act aie given in the Notes to the
Financial Statements.

CORPORATE GOVERNANCE AND COMPLIANCE CERTIFICATE:

The Company has taken adequate steps to adhere to all the stipulations laid down under Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015. A report on Corporate Governance included as a part of
this Annual Report is given in Annexure-B

MATERIAL CHANGES AND COMMITMENTS AFTER THE END OF FINANCIAL YEAR

There are no material changes and commitments noticed by the Board between the end of financial year of the Company i.e. March
31, 2024 and the date of this report.

VIGIL MECHANISM/ WHISTLE BLOWER POLICY

Pursuant to the provisions of Section 177 of the Companies Act, 2013 and Regulation 22 of SEBI (LODR) Regulations, 2015, the
Company has adopted a Vigil Mechanism / Whistle Blower Policy to provide a platform to the Directors and employees of the
Company to raise concents regarding any irregularity, misconduct or unethical matters / dealings within the Company. The same is
detailed in the Corporate Governance Repori which forms part of this report. The Company has a vigil mechanism named Fraud and
Risk Management Policy/ to deal with instance of fiaud and mismanagement, if any, in staying true to our values of Strength,
Performance and Passion and in line with our vision of being one of the most respected companies in India, the Company is
committed to ensure the high standards of Corporate Governance and stakeholder responsibility \

LISTING

The Equity' Shares of the Company are listed on the Bombay' Stock Exchange Limited {BSE) having nation-wide trading terminals. Annual listing fee for
the Financial Year 2023-24 has been paid to BSE Limited.

STATUTORY AUDITORS:

The Auditor’s Repoit does not contain any qualifications, reservations or adverse remarks.

GENERAL DISCLOSURE

Your Director state that no disclosure or reporting is required in lespect of the following items as there Mere no transactions on these items duiing the
year undeiÝ review.

• Details relating to Deposits coveted under Chapter V of the Act.

• Issue of Equity Shares with Differential Rights, as to dividend, voting or otherwise.

• Issue of shares with including sweat equity shares to employees of the company undei• any scheme

• No significant or material order was passed by the Regulators or Courts or Tribunals which impact the
going concent status and company's operation in the future.

• The Company has Complied with the provisions relating to the constitution of Internal Complaints

Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

• During the year under review, there were no easels) filed pursuant to Sexual Harassment of Women at
workplace (Prevention, Prohibition & Redressal) Act, 2013.

ACKNOWLEDGEMENT:

Your Directors wish to express their grateful appreciation for the valuable support and cooperation received from sub-brokers,
business associates, vendors, bankers, financial institutions, investors, stakeholders, registrar and share transfer agent, other
business affiliates and media.

The Board places on record its sincere appreciation towards the Company' ’s valued customers for the support and confidence
reposed by them in the organization and the stakeholders for their continued co-operation and support to the company* and look
forward to the continuance of this supportive relationship in future.

Your Directors also places on record their deep sense of appreciation for the devoted sendees of the employees duiing the period
under review.

FOR AND ON BEHALF OF THE BO.ARD
For SC A GROTECHLIMITED

Place: Net v Dei hi sd/-

Date: 29.08.2024 Rati YashnantBhaiPatei

ExeaitrveOVhoie Time Director