Following are the financials of GKV Limited a Public Company for the Financial year 2024-25. (₹ in Crores) Particulars Figures as on 30th September 2024 Figures as on 31st December 2024 Figures as on 31st March 2025 Paid

Applicability of Secretarial Audit Section 204(1) of the Companies Act, 2013 read with rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 provides that; Every Listed Company; Every public company having a paid-up share capital of ₹50 crore rupees or more; or Every public company having a turnover of ₹250 crore rupees or more; Every company having outstanding loans or borrowings from banks or public financial institutions of ₹100 crore rupees or more. shall annex with its Board's report made in terms of sub-section (3) of section 134 of the Act, a Secretarial Audit report given by a Practicing Company Secretaries., in form No. MR-3, which is as attached as Annexure -A. Explanation to this sub-rule clarifies that the paid-up share capital, turnover, or outstanding loans or borrowings as the case may be, existing on the last date of latest audited financial statement shall be taken into account. Facts of the case: Since, GKV Limited turnover as on March 31, 2025 was less than ₹250 crore and all its other criteria were with in limit specified as per the Act. Hence, Secretarial Audit is not applicable on GKV Limited for the Financial Year 2024-25. Although, the companies which are not covered under section 204 may opt for conducting Secretarial Audit voluntarily as it provides an independent assurance of the compliances of applicable laws by the company. The directors may be advised accordingly.