Soni Medicare Ltd. के निदेशक की रिपोर्ट

Mar 31, 2025

Your directors have pleasure in submitting their 37^th Annual Report of the Company
together with the Audited Statements of Accounts for the year ended 31^st March 2025.

1. FINANCIAL RESULTS

The Company''s financial performances for the year under review along with previous
year''s figures are given hereunder:

Particulars	For the financial year ended 31st March, 2025 (Rs.)	For the financial year ended 31st March, 2024 (Rs.)
Revenue from Operation including other income	3118440.59	2852435.06
Expenses excluding Depreciation	3090394.04	2962840.54
Depreciation and Amortization	50214.63	52352.64
Profit (Loss) Before exceptional Items and Tax	(22168.08)	(162758.11)
Exceptional Items (Provision for gratuity)	-	-
Profit (Loss) Before Tax	(22168.08)	(162758.11)
Current Tax	-	-
Deferred Tax Adjustment	(3530.40)	5434.02
Profit (loss) After Tax	(18637.67)	(168192.13)
Earnings per share (Rs.)	(0.74)	(3.94)

NOTES: The above figures are extracted from the standalone financial statements prepared
in compliance with the Indian Accounting Standards (Ind AS) and comply with all aspects

of the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies
Act, 2013 (the Act) [Companies (Indian Accounting Standards) Rules, 2015 (amended)] and
other relevant provisions of the Act.

During the year under review your company has incurred a Net Loss of Rs. 31742.16
(Previous Year Net Loss of Rs. 168192.14) Directors expect improved performance during
the Current Year.

2. COMPANY’S PERFORMANCE:

The Revenue from Operations for F.Y 2024-25 was Rs. 298382370.64 as compared to the
previous year''s revenue of Rs. 272549701.19 The profit/loss after tax for F.Y 2024-25 and
F.Y 2023-24 was (1863767.95) and (16819214.03) respectively.

3. OPERATIONS AND STATE OF COMPANY’S AFFAIRS:

Information on Companies operations is given in the Management Discussion & Analysis
Report forming part of this Report.

4. DIVIDEND:

Keeping in view the losses for the year under review, the Board of Directors of the
Company have not recommended any dividend for the Financial Year 2024-25.

5. DETAILS IN RESPECT OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH
REFERENCE TO THE FINANCIAL STATEMENTS

The Company has proper place and adequate internal control systems commensurate with
the nature of its business, and size and complexity of its operations. Internal control
systems

comprising of policies and procedures are designed to ensure reliability of financial
reporting, timely feedback on achievement of operational and strategic goals, compliance
with policies, procedure, applicable laws and regulations, and all assets and resources are
acquired economically, used efficiently and adequately protected.

6. MATERIAL CHANGES AND COMMITMENTS AFFECTING FINANCIAL POSITION
BETWEEN

THE END OF THE FINANCIAL YEAR AND DATE OF REPORT:

There are no material changes after the balance sheet date which may materially affect the
financial position of the company or having any material impact on the operations of the
Company.

7. CHANGES IN NATURE OF BUSINESS:

There is no change in the nature of business in comparison to immediately preceding year.

8. INFORMATION ABOUT SUBSIDIARIES. JOINT VENTURES OR ASSOCIATE COMPANIES:

The Company has no subsidiaries, joint ventures or associates during the year and
therefore no details are required to be given.

9. CONSOLIDATED FINANCIAL STATEMENTS:

The Company has no Subsidiary, Associate or Joint Venture and therefore question of
consolidated financial statement do not arise.

10. AUDITORS AND AUDIT REPORT

A) STATUTORY AUDITORS:

In accordance with Sec 139 of the Companies Act, 2013, M/s TAMBI ASHOK &
ASSOCIATES, Chartered Accountants (FRN: 005301C), were appointed by the
shareholders of the Company at the Annual General Meeting held on September 30,
2022, as Statutory Auditors of the company for a period of 5 years to hold office
from the conclusion of 34th Annual General Meeting till the conclusion of the 39^th
Annual General Meeting of the Company to be held for financial year ended on 31
March 2027.

B) STATUTORY AUDITORS REPORT:

There are no observations (including any qualification, reservation, adverse remark
or disclaimer) of the Auditors in their Audit Report that may call for any explanation
under section 134(3)(f) of the Companies Act, 2013 from the Directors. Further, the
notes to accounts referred to in the Auditors Report are self-explanatory.

C) SECRETARIAL AUDITOR

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014,
the Company with the approval of its Board, appointed M/s. Mahendra
Khandelwal& Co., a firm of Company Secretaries in Practice to undertake the
Secretarial Audit of the Company for the financial year 2024-2025. The Secretarial
Audit Report is annexed

herewith as Annexure I. There are no qualifications, reservation or adverse remark
or disclaimer made by the auditor in the report save and except disclaimer made by
them in discharge of their professional obligation.

D) INTERNAL AUDITORS

The Board has appointed M/s. AKN Jain & Co. Chartered Accountants as Internal
Auditors for a period of one year 2024-2025 under Section 138 of the Companies
Act,

2013 and he has completed the internal audit as per the scope defined by the Audit
Committee.

11. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION
FUND:

The provisions of Section 125(2) of the Companies Act, 2013 is not applicable as the
company has not declared dividend in any previous financial years, accordingly there is no
unclaimed/ unpaid dividend. So, there are no amounts transferred to IEPF during the year.

12. DEPOSITS FROM PUBLIC:

The Company has not accepted any deposits from public and as such, no amount on
account of principal or interest on deposits from public was outstanding as on the date of
the balance sheet.

13. LISTING OF SHARES:

Shares of company have been listed on Bombay Stock Exchange

14. SHARE CAPITAL:

The Company has 4,264,900 Equity Shares of Rs. 10 each amounting to Rs. 42,649,000.

The Company has only one class of Equity Share having a par value of Rs. 10/-each.

A) Issue of shares or other convertible securities

The company has not issued any equity shares or other convertible securities,
during the financial year.

B) Issue of equity shares with differential rights

The company has not issued any equity shares with differential rights, during the
financial year.

C) Issue of sweat equity shares

The company has not issued any sweat equity shares, during the financial year.

D) Details of employee stock options

The company has not issued any employee stock options, during the financial year.

E) Provision of money by company for purchase of its own shares by employees
or by trustees for the benefit of employees

There is no such provision created by company for purchase of its own shares by
employees or by trustees for the benefit of employees.

F) Issue of debentures, bonds or any non- convertible securities

The company has not issued any debentures, bonds or any non-convertible
securities, during the financial year.

G) Issue of warrants

The company has not issued any warrants, during the financial year.

15. TRANSFER TO RESERVES:

The Company proposes to transfer no amount to the general reserve.

16. ANNUAL RETURN:

Annual return for F.Y 2024-2025 is available on the website of the Company i.e.
https://www.sonihospitals.com.

17. BOARD EVALUATION:

The performance evaluation of the individual Directors including chairman of Board was
done in accordance with the provision of the Company Act, 2013.

18. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

RETIRE BY ROTATION:

As per section 152 of the Companies Act 2013, Mrs. Anju Soni would retire by rotation at
the forthcoming Annual General Meeting and is eligible for reappointment.

INDEPENDENT DIRECTORS:

The Board of Directors of the Company consists of 4 (Four) Directors out of which 2 (Two)
are Non-Executive -Independent Directors.

All Independent Directors have given declaration that they meet the criteria of
independence as laid down under Section 149(6) of the Companies Act, 2013 and
Regulation 16 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015.

COMPOSITION OF BOARD OF DIRECTOR:

The Board of the Company as on March 31, 2025 consists of following Directors

a) BIMAL ROY SONI

b) ANJU SONI

c) NAVEEN SANGHI

d) ALANKRITA SHARMA

During the Financial Year Ms. Alankrita Sharma was appointed as additional Independent
Director w.e.f. 06/09/2024 Later she was confirmed as the Independent Director in the
36^th AGM of the Company. Ms. Mamta Sharma and Mr. Mahavir Prasad Yadav resigned due
to completion of their tenure as Independent Directors on 05/01/2025

COMPOSITION OF KEY MANAGERIAL PERSONNEL (Other Than Board of Directors):

During the financial year 2024-25 Ms. Juhi Gurnani has resigned from the Designation of
Company Secretary & compliance officer of the company w.e.f. 14/11/2024 and Mr. HARI
KRISHAN TIWARI was appointed as Company Secretary & compliance officer w.e.f.
14/02/2025. There were no other changes in the composition of KMP during the financial
year 2024-25.

19. CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNINGS ANDOUTGO:

The details of conservation of energy, technology absorption, foreign exchange earnings
and outgo are as follows:

1. CONSERVATION OF ENERGY:

The information required under the provisions of section 134 (3) (m) of the
Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014
relating to the conservation of energy and technology absorption is not applicable,
as the Company is not carrying out any manufacturing operation.

2. FOREIGN EXCHANGE EARNINGS AND OUTGO:

Particulars	As on 31.03.2025	As on 31.03.2024
a) Earnings in foreign exchange	Nil	Nil
b) Expenditure / outgo in foreign exchange (Travelling)	Nil	Nil

20. MEETINGS:

During the financial year 2024-2025, following meetings were convened:
Board Meetings

S. No.	Date of Meeting	Board strength	No. of Directors present
1.	30/05/2024	5	5
2.	14/08/2024	5	5
3.	06/09/2024	5	5
4.	17/10/2024	6	6
5.	14/11/2024	6	6
6.	14/02/2025	4	4

Audit Committee Meetings

S. No.	Date of Meeting	Member''s strength	No. of Members present
1.	30/05/2024	3	3
2.	14/08/2024	3	3

3.	14/11/2024	3	3
4.	14/02/2025	3	3

Nomination & Remuneration Committee Meetings

S. No.	Date of Meeting	Member''s strength	No. of Members present
1.	23/05/2024	3	3
2.	30/08/2024	3	3

Stakeholders Relationship Committee Meetings

S. No.	Date of Meeting	Member''s strength	No. of Members present
1.	30.05.2024	3	3

Members Meeting

S.No	Type of meeting	Date of meeting	Total Number of Members entitled to attend meeting	Number of members attended
1.	Annual General Meeting	30/09/2024	1150	20
2.	Extra-Ordinary General Meeting	14/03/2025	1245	37

21. NOMINATION AND REMUNERATION COMMITTEE:

The Nomination and Remuneration Committee comprises of:

a. NAVEEN SANGHI (Chairman)

b. ALANKRITA SHARMA (Member)

c. ANJU SONI (Member)

22. AUDIT COMMITTEE:

The Audit Committee comprises of:

a) NAVEEN SANGHI (Chairman)

b) ALANKRITA SHARMA (Member)

c) ANJU SONI (Member)

23. STAKEHOLDERS RELATIONSHIP COMMITTEE

The Audit Committee comprises of Stakeholders Relationship Committee comprises of:

a. ANJU SONI (Chairman)

b. ALANKRITA SHARMA (Member)

c. NAVEEN SANGHI (Member)

24. DETAILS OF ESTABLISHMENT OF VIGIL MECHANISM FOR DIRECTORS AND
EMPLOYEES:

The Company has put in place Vigil Mechanism for Directors and Employees of the
Company.

25. CORPORATE SOCIAL RESPONSIBILITY (CSR):

The Company''s net worth is below than Rs. 500 Crore, Turnover is less than Rs. 1000 Crore
and Net Profit (Before Tax) is less than Rs. 5 Crore, hence provisions of Section 135 of the
Companies Act, 2013 with regard to Corporate Social Responsibility (CSR) are not
applicable to the company.

26. PARTICULARS OF LOANS. GUARANTEES OR INVESTMENTS:

There are No loans, guarantees or investments in excess of the limits prescribed u/s 186 of
the Act.

27. DIRECTORS’ RESPONSIBILITY STATEMENT:

Pursuant to Section 134(3)(c) of the Companies Act, 2013, the board of directors, to the
best of their knowledge and ability, confirm with respect to Directors'' Responsibility
Statement that:

a. In the preparation of the Annual Accounts for the financial year ended 31^st March, 2025,
the applicable accounting standards read with requirements set out under Schedule III
to the Act, have been followed and there are no material departures from the same;

b. Director had selected such accounting policies and applied consistently and judgments
and estimates have been made that are reasonable and prudent so as to give a true and

fair view of the state of affairs of the company at the end of the financial year and of the
loss of the company for that period;

c. The Directors have taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding the
assets of the company and for preventing and detecting fraud and other irregularities;

d. The Directors have prepared the annual accounts on a ‘going concern'' basis.

e. That internal financial controls were laid down to be followed and that such internal
financial controls were adequate and were operating effectively.

f. The directors have devised proper systems to ensure compliance with the provisions of
all applicable laws and that such systems are adequate and operating effectively.

28. CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES:

All contracts/arrangements/transactions entered by the Company during the financial year
with related parties were in the ordinary course of business and disclosed in Form AOC-2
which forms as a Annexure to this report.

29. MANAGERIAL REMUNERATION:

> During the financial year company has not paid remuneration to directors of the
company.

> There is no Employee who is in receipt of remuneration of more than Rs. 8,50,000 per
month or Rs. 102,00,000 per annum under Rule 5(2) of the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014 in the financial year 2024- 2025.

> The Company does not have any material information to report in accordance to Rule 5,
of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014.

30. GREEN INTIATIVES:

Electronic copies of the Annual Report 2024-2025 and the Notice of 37th AGM will be send
to all members whose e-mail address is registered with the company/depository
participants. For members who have not registered their email address, physical copies
will be send in the permitted mode.

31. RISK MANAGEMENT POLICY:

The Company has its Risk Management Policy to identify and deal with the risks and
threats that could impact the organization. Risk Management Policy is available for
inspection at the Registered Office of the Company during business hours on any working
day.

32. CORPORATE GOVERNANCE AND MANAGEMENT DISCUSSION ANALYSIS REPORTS:

The Corporate Governance and Management Discussion & Analysis Report, which forms a
part of this Report, are set out separately together with the Certificate from the Auditors of
the company regarding compliance with the requirements of Corporate Governance as
stipulated in SEBI (LODR) Regulations, 2015.

33. SIGNIFICANT AND MATERIAL ORDERS PASSED BY REGULATORS OR COURTS:

There are No significant material orders passed by the Regulators / Courts / Tribunals
which would impact the going concern status of the Company and its future operations.

34. NUMBER OF CASES FILED (IF ANY). AND THEIR DISPOSAL U/S 22 OF THE SEXUAL
HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION. PROHIBITION AND
REDRESSAL) ACT. 2013:

The Company has zero tolerance towards any action on the part of any of its official, which
may fall under the ambit of ‘Sexual Harassment'' at workplace, and is fully committed to
uphold and maintain the dignity of every women employee of the Company. The
Company''s Sexual Harassment Policy provides for protection against sexual harassment of
Women at workplace and for Prevention and redressal of such complaints. During the
financial year no case of Sexual Harassment were reported.

35. HUMAN RESOURCES MANAGEMENT:

We firmly believe that employee motivation, development and engagement are key aspect

of

Good human resource management. We provide several forums and communication
channels for our employees to not only share their point of view and feedback related to
our business, but also share feedback self-development and career advancement. These
forums have helped us to identify and implement a number of structural changes during
the year under review.

36. MATERNITY BENEFIT:

During the financial year under review, there were no instances of maternity leave availed
by any employee of the Company. Consequently, no maternity benefits were granted during
the period. The Company remains fully compliant with the_requirements of the Maternity
Benefit Act, 1961, and other applicable statutory provisions.

37. DISCLOSURE PRESCRIBED IN TERMS OF SECTION 67-

Section 67 of the companies act, 2013 imposes restrictions on purchase by company or
giving of loans by it for purchase of its shares. No company limited by shares or by
guarantee and having a share capital shall have power to buy its own shares unless the
consequent reduction of share capital is affected under the provisions of this Act.

The company has not purchased or has not given any loans for purchase of its shares and
hence complied with the provisions of this section.

38. INSOLVENCY AND BANKRUPTCY CODE. 2016

During the financial year under review, no application has been made or is pending against
the Company under the Insolvency and Bankruptcy Code, 2016. Accordingly, no
proceedings have been initiated or are pending under the said Code as at the end of the
financial year.

39. ONE TIME SETTLEMENT ENTERED DURING THE YEAR:

During the financial year, no settlement of any nature was entered into or effected by the
Company with any bank.

40. OTHER MATTERS:

a. Compliance with Secretarial Standards:

The Company complies with applicable secretarial standards.

b. Policies and code adopted by the Company

The Board of Directors has from time to time framed and approved policies as
required by the SEBI LODR Regulations as well as under the Companies Act, 2013.
These policies will be reviewed by the Board at periodic intervals. Some of the key
policies that have been adopted are as follows:

• Code for Disclosure of Unpublished Price Sensitive Information

• Code of Conduct for Insider Trading

• Policy on Related Party Transactions

• Code of Conduct for Directors and Senior Management Personnel

• Whistle Blower Policy

41. ACKNOWLEDGEMENTS:

The Directors thank the Company''s employees, customers, vendors, investor and academic
partners for their continuous support.

The Directors also thank the Government of India, Governments of various states in India
and concerned Government departments and agencies for their co- operation

The Directors appreciate and value the contribution made by every member of the
Company.

By the Order of the Board
For SONI MEDICARE LIMITED
CIN:L51397RJ1988PLC004569

Place: JAIPUR
Dated:06 September 2025

Sd/-

BIMAL ROY SONI
(Managing Director)
DIN: 00716246

---

Mar 31, 2025

Your directors have pleasure in submitting their 37^th Annual Report of the Company
together with the Audited Statements of Accounts for the year ended 31^st March 2025.

1. FINANCIAL RESULTS

The Company''s financial performances for the year under review along with previous
year''s figures are given hereunder:

Particulars	For the financial year ended 31st March, 2025 (Rs.)	For the financial year ended 31st March, 2024 (Rs.)
Revenue from Operation including other income	3118440.59	2852435.06
Expenses excluding Depreciation	3090394.04	2962840.54
Depreciation and Amortization	50214.63	52352.64
Profit (Loss) Before exceptional Items and Tax	(22168.08)	(162758.11)
Exceptional Items (Provision for gratuity)	-	-
Profit (Loss) Before Tax	(22168.08)	(162758.11)
Current Tax	-	-
Deferred Tax Adjustment	(3530.40)	5434.02
Profit (loss) After Tax	(18637.67)	(168192.13)
Earnings per share (Rs.)	(0.74)	(3.94)

NOTES: The above figures are extracted from the standalone financial statements prepared
in compliance with the Indian Accounting Standards (Ind AS) and comply with all aspects

of the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies
Act, 2013 (the Act) [Companies (Indian Accounting Standards) Rules, 2015 (amended)] and
other relevant provisions of the Act.

During the year under review your company has incurred a Net Loss of Rs. 31742.16
(Previous Year Net Loss of Rs. 168192.14) Directors expect improved performance during
the Current Year.

2. COMPANY’S PERFORMANCE:

The Revenue from Operations for F.Y 2024-25 was Rs. 298382370.64 as compared to the
previous year''s revenue of Rs. 272549701.19 The profit/loss after tax for F.Y 2024-25 and
F.Y 2023-24 was (1863767.95) and (16819214.03) respectively.

3. OPERATIONS AND STATE OF COMPANY’S AFFAIRS:

Information on Companies operations is given in the Management Discussion & Analysis
Report forming part of this Report.

4. DIVIDEND:

Keeping in view the losses for the year under review, the Board of Directors of the
Company have not recommended any dividend for the Financial Year 2024-25.

5. DETAILS IN RESPECT OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH
REFERENCE TO THE FINANCIAL STATEMENTS

The Company has proper place and adequate internal control systems commensurate with
the nature of its business, and size and complexity of its operations. Internal control
systems

comprising of policies and procedures are designed to ensure reliability of financial
reporting, timely feedback on achievement of operational and strategic goals, compliance
with policies, procedure, applicable laws and regulations, and all assets and resources are
acquired economically, used efficiently and adequately protected.

6. MATERIAL CHANGES AND COMMITMENTS AFFECTING FINANCIAL POSITION
BETWEEN

THE END OF THE FINANCIAL YEAR AND DATE OF REPORT:

There are no material changes after the balance sheet date which may materially affect the
financial position of the company or having any material impact on the operations of the
Company.

7. CHANGES IN NATURE OF BUSINESS:

There is no change in the nature of business in comparison to immediately preceding year.

8. INFORMATION ABOUT SUBSIDIARIES. JOINT VENTURES OR ASSOCIATE COMPANIES:

The Company has no subsidiaries, joint ventures or associates during the year and
therefore no details are required to be given.

9. CONSOLIDATED FINANCIAL STATEMENTS:

The Company has no Subsidiary, Associate or Joint Venture and therefore question of
consolidated financial statement do not arise.

10. AUDITORS AND AUDIT REPORT

A) STATUTORY AUDITORS:

In accordance with Sec 139 of the Companies Act, 2013, M/s TAMBI ASHOK &
ASSOCIATES, Chartered Accountants (FRN: 005301C), were appointed by the
shareholders of the Company at the Annual General Meeting held on September 30,
2022, as Statutory Auditors of the company for a period of 5 years to hold office
from the conclusion of 34th Annual General Meeting till the conclusion of the 39^th
Annual General Meeting of the Company to be held for financial year ended on 31
March 2027.

B) STATUTORY AUDITORS REPORT:

There are no observations (including any qualification, reservation, adverse remark
or disclaimer) of the Auditors in their Audit Report that may call for any explanation
under section 134(3)(f) of the Companies Act, 2013 from the Directors. Further, the
notes to accounts referred to in the Auditors Report are self-explanatory.

C) SECRETARIAL AUDITOR

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014,
the Company with the approval of its Board, appointed M/s. Mahendra
Khandelwal& Co., a firm of Company Secretaries in Practice to undertake the
Secretarial Audit of the Company for the financial year 2024-2025. The Secretarial
Audit Report is annexed

herewith as Annexure I. There are no qualifications, reservation or adverse remark
or disclaimer made by the auditor in the report save and except disclaimer made by
them in discharge of their professional obligation.

D) INTERNAL AUDITORS

The Board has appointed M/s. AKN Jain & Co. Chartered Accountants as Internal
Auditors for a period of one year 2024-2025 under Section 138 of the Companies
Act,

2013 and he has completed the internal audit as per the scope defined by the Audit
Committee.

11. TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION
FUND:

The provisions of Section 125(2) of the Companies Act, 2013 is not applicable as the
company has not declared dividend in any previous financial years, accordingly there is no
unclaimed/ unpaid dividend. So, there are no amounts transferred to IEPF during the year.

12. DEPOSITS FROM PUBLIC:

The Company has not accepted any deposits from public and as such, no amount on
account of principal or interest on deposits from public was outstanding as on the date of
the balance sheet.

13. LISTING OF SHARES:

Shares of company have been listed on Bombay Stock Exchange

14. SHARE CAPITAL:

The Company has 4,264,900 Equity Shares of Rs. 10 each amounting to Rs. 42,649,000.

The Company has only one class of Equity Share having a par value of Rs. 10/-each.

A) Issue of shares or other convertible securities

The company has not issued any equity shares or other convertible securities,
during the financial year.

B) Issue of equity shares with differential rights

The company has not issued any equity shares with differential rights, during the
financial year.

C) Issue of sweat equity shares

The company has not issued any sweat equity shares, during the financial year.

D) Details of employee stock options

The company has not issued any employee stock options, during the financial year.

E) Provision of money by company for purchase of its own shares by employees
or by trustees for the benefit of employees

There is no such provision created by company for purchase of its own shares by
employees or by trustees for the benefit of employees.

F) Issue of debentures, bonds or any non- convertible securities

The company has not issued any debentures, bonds or any non-convertible
securities, during the financial year.

G) Issue of warrants

The company has not issued any warrants, during the financial year.

15. TRANSFER TO RESERVES:

The Company proposes to transfer no amount to the general reserve.

16. ANNUAL RETURN:

Annual return for F.Y 2024-2025 is available on the website of the Company i.e.
https://www.sonihospitals.com.

17. BOARD EVALUATION:

The performance evaluation of the individual Directors including chairman of Board was
done in accordance with the provision of the Company Act, 2013.

18. DIRECTORS AND KEY MANAGERIAL PERSONNEL:

RETIRE BY ROTATION:

As per section 152 of the Companies Act 2013, Mrs. Anju Soni would retire by rotation at
the forthcoming Annual General Meeting and is eligible for reappointment.

INDEPENDENT DIRECTORS:

The Board of Directors of the Company consists of 4 (Four) Directors out of which 2 (Two)
are Non-Executive -Independent Directors.

All Independent Directors have given declaration that they meet the criteria of
independence as laid down under Section 149(6) of the Companies Act, 2013 and
Regulation 16 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015.

COMPOSITION OF BOARD OF DIRECTOR:

The Board of the Company as on March 31, 2025 consists of following Directors

a) BIMAL ROY SONI

b) ANJU SONI

c) NAVEEN SANGHI

d) ALANKRITA SHARMA

During the Financial Year Ms. Alankrita Sharma was appointed as additional Independent
Director w.e.f. 06/09/2024 Later she was confirmed as the Independent Director in the
36^th AGM of the Company. Ms. Mamta Sharma and Mr. Mahavir Prasad Yadav resigned due
to completion of their tenure as Independent Directors on 05/01/2025

COMPOSITION OF KEY MANAGERIAL PERSONNEL (Other Than Board of Directors):

During the financial year 2024-25 Ms. Juhi Gurnani has resigned from the Designation of
Company Secretary & compliance officer of the company w.e.f. 14/11/2024 and Mr. HARI
KRISHAN TIWARI was appointed as Company Secretary & compliance officer w.e.f.
14/02/2025. There were no other changes in the composition of KMP during the financial
year 2024-25.

19. CONSERVATION OF ENERGY. TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE
EARNINGS ANDOUTGO:

The details of conservation of energy, technology absorption, foreign exchange earnings
and outgo are as follows:

1. CONSERVATION OF ENERGY:

The information required under the provisions of section 134 (3) (m) of the
Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014
relating to the conservation of energy and technology absorption is not applicable,
as the Company is not carrying out any manufacturing operation.

2. FOREIGN EXCHANGE EARNINGS AND OUTGO:

Particulars	As on 31.03.2025	As on 31.03.2024
a) Earnings in foreign exchange	Nil	Nil
b) Expenditure / outgo in foreign exchange (Travelling)	Nil	Nil

20. MEETINGS:

During the financial year 2024-2025, following meetings were convened:
Board Meetings

S. No.	Date of Meeting	Board strength	No. of Directors present
1.	30/05/2024	5	5
2.	14/08/2024	5	5
3.	06/09/2024	5	5
4.	17/10/2024	6	6
5.	14/11/2024	6	6
6.	14/02/2025	4	4

Audit Committee Meetings

S. No.	Date of Meeting	Member''s strength	No. of Members present
1.	30/05/2024	3	3
2.	14/08/2024	3	3

3.	14/11/2024	3	3
4.	14/02/2025	3	3

Nomination & Remuneration Committee Meetings

S. No.	Date of Meeting	Member''s strength	No. of Members present
1.	23/05/2024	3	3
2.	30/08/2024	3	3

Stakeholders Relationship Committee Meetings

S. No.	Date of Meeting	Member''s strength	No. of Members present
1.	30.05.2024	3	3

Members Meeting

S.No	Type of meeting	Date of meeting	Total Number of Members entitled to attend meeting	Number of members attended
1.	Annual General Meeting	30/09/2024	1150	20
2.	Extra-Ordinary General Meeting	14/03/2025	1245	37

21. NOMINATION AND REMUNERATION COMMITTEE:

The Nomination and Remuneration Committee comprises of:

a. NAVEEN SANGHI (Chairman)

b. ALANKRITA SHARMA (Member)

c. ANJU SONI (Member)

22. AUDIT COMMITTEE:

The Audit Committee comprises of:

a) NAVEEN SANGHI (Chairman)

b) ALANKRITA SHARMA (Member)

c) ANJU SONI (Member)

23. STAKEHOLDERS RELATIONSHIP COMMITTEE

The Audit Committee comprises of Stakeholders Relationship Committee comprises of:

a. ANJU SONI (Chairman)

b. ALANKRITA SHARMA (Member)

c. NAVEEN SANGHI (Member)

24. DETAILS OF ESTABLISHMENT OF VIGIL MECHANISM FOR DIRECTORS AND
EMPLOYEES:

The Company has put in place Vigil Mechanism for Directors and Employees of the
Company.

25. CORPORATE SOCIAL RESPONSIBILITY (CSR):

The Company''s net worth is below than Rs. 500 Crore, Turnover is less than Rs. 1000 Crore
and Net Profit (Before Tax) is less than Rs. 5 Crore, hence provisions of Section 135 of the
Companies Act, 2013 with regard to Corporate Social Responsibility (CSR) are not
applicable to the company.

26. PARTICULARS OF LOANS. GUARANTEES OR INVESTMENTS:

There are No loans, guarantees or investments in excess of the limits prescribed u/s 186 of
the Act.

27. DIRECTORS’ RESPONSIBILITY STATEMENT:

Pursuant to Section 134(3)(c) of the Companies Act, 2013, the board of directors, to the
best of their knowledge and ability, confirm with respect to Directors'' Responsibility
Statement that:

a. In the preparation of the Annual Accounts for the financial year ended 31^st March, 2025,
the applicable accounting standards read with requirements set out under Schedule III
to the Act, have been followed and there are no material departures from the same;

b. Director had selected such accounting policies and applied consistently and judgments
and estimates have been made that are reasonable and prudent so as to give a true and

fair view of the state of affairs of the company at the end of the financial year and of the
loss of the company for that period;

c. The Directors have taken proper and sufficient care for the maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding the
assets of the company and for preventing and detecting fraud and other irregularities;

d. The Directors have prepared the annual accounts on a ‘going concern'' basis.

e. That internal financial controls were laid down to be followed and that such internal
financial controls were adequate and were operating effectively.

f. The directors have devised proper systems to ensure compliance with the provisions of
all applicable laws and that such systems are adequate and operating effectively.

28. CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES:

All contracts/arrangements/transactions entered by the Company during the financial year
with related parties were in the ordinary course of business and disclosed in Form AOC-2
which forms as a Annexure to this report.

29. MANAGERIAL REMUNERATION:

> During the financial year company has not paid remuneration to directors of the
company.

> There is no Employee who is in receipt of remuneration of more than Rs. 8,50,000 per
month or Rs. 102,00,000 per annum under Rule 5(2) of the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014 in the financial year 2024- 2025.

> The Company does not have any material information to report in accordance to Rule 5,
of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,
2014.

30. GREEN INTIATIVES:

Electronic copies of the Annual Report 2024-2025 and the Notice of 37th AGM will be send
to all members whose e-mail address is registered with the company/depository
participants. For members who have not registered their email address, physical copies
will be send in the permitted mode.

31. RISK MANAGEMENT POLICY:

The Company has its Risk Management Policy to identify and deal with the risks and
threats that could impact the organization. Risk Management Policy is available for
inspection at the Registered Office of the Company during business hours on any working
day.

32. CORPORATE GOVERNANCE AND MANAGEMENT DISCUSSION ANALYSIS REPORTS:

The Corporate Governance and Management Discussion & Analysis Report, which forms a
part of this Report, are set out separately together with the Certificate from the Auditors of
the company regarding compliance with the requirements of Corporate Governance as
stipulated in SEBI (LODR) Regulations, 2015.

33. SIGNIFICANT AND MATERIAL ORDERS PASSED BY REGULATORS OR COURTS:

There are No significant material orders passed by the Regulators / Courts / Tribunals
which would impact the going concern status of the Company and its future operations.

34. NUMBER OF CASES FILED (IF ANY). AND THEIR DISPOSAL U/S 22 OF THE SEXUAL
HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION. PROHIBITION AND
REDRESSAL) ACT. 2013:

The Company has zero tolerance towards any action on the part of any of its official, which
may fall under the ambit of ‘Sexual Harassment'' at workplace, and is fully committed to
uphold and maintain the dignity of every women employee of the Company. The
Company''s Sexual Harassment Policy provides for protection against sexual harassment of
Women at workplace and for Prevention and redressal of such complaints. During the
financial year no case of Sexual Harassment were reported.

35. HUMAN RESOURCES MANAGEMENT:

We firmly believe that employee motivation, development and engagement are key aspect

of

Good human resource management. We provide several forums and communication
channels for our employees to not only share their point of view and feedback related to
our business, but also share feedback self-development and career advancement. These
forums have helped us to identify and implement a number of structural changes during
the year under review.

36. MATERNITY BENEFIT:

During the financial year under review, there were no instances of maternity leave availed
by any employee of the Company. Consequently, no maternity benefits were granted during
the period. The Company remains fully compliant with the_requirements of the Maternity
Benefit Act, 1961, and other applicable statutory provisions.

37. DISCLOSURE PRESCRIBED IN TERMS OF SECTION 67-

Section 67 of the companies act, 2013 imposes restrictions on purchase by company or
giving of loans by it for purchase of its shares. No company limited by shares or by
guarantee and having a share capital shall have power to buy its own shares unless the
consequent reduction of share capital is affected under the provisions of this Act.

The company has not purchased or has not given any loans for purchase of its shares and
hence complied with the provisions of this section.

38. INSOLVENCY AND BANKRUPTCY CODE. 2016

During the financial year under review, no application has been made or is pending against
the Company under the Insolvency and Bankruptcy Code, 2016. Accordingly, no
proceedings have been initiated or are pending under the said Code as at the end of the
financial year.

39. ONE TIME SETTLEMENT ENTERED DURING THE YEAR:

During the financial year, no settlement of any nature was entered into or effected by the
Company with any bank.

40. OTHER MATTERS:

a. Compliance with Secretarial Standards:

The Company complies with applicable secretarial standards.

b. Policies and code adopted by the Company

The Board of Directors has from time to time framed and approved policies as
required by the SEBI LODR Regulations as well as under the Companies Act, 2013.
These policies will be reviewed by the Board at periodic intervals. Some of the key
policies that have been adopted are as follows:

• Code for Disclosure of Unpublished Price Sensitive Information

• Code of Conduct for Insider Trading

• Policy on Related Party Transactions

• Code of Conduct for Directors and Senior Management Personnel

• Whistle Blower Policy

41. ACKNOWLEDGEMENTS:

The Directors thank the Company''s employees, customers, vendors, investor and academic
partners for their continuous support.

The Directors also thank the Government of India, Governments of various states in India
and concerned Government departments and agencies for their co- operation

The Directors appreciate and value the contribution made by every member of the
Company.

By the Order of the Board
For SONI MEDICARE LIMITED
CIN:L51397RJ1988PLC004569

Place: JAIPUR
Dated:06 September 2025

Sd/-

BIMAL ROY SONI
(Managing Director)
DIN: 00716246

---

Mar 31, 2024

Your Directors have pleasure in presenting
the 36^th Annual Report of your Company
together with the Audited Statement of
Accounts and the Auditors'' Report of your
company for the financial year ended 31^st
March, 2024.

1. Financial Results:

The Company''s financial performance, for the
year ended March 31^st, 2024 is summarized
below:

iRs. in Hundred)

Particulars	2023-24	2022-23
Revenue from Operation including other income	2852435.06	2849593.40
Expenses excluding Depreciation	2962840.54	2845146.77
Depreciation and Amortization	52352.64	65531.80
Profit/(loss) before exceptional items and tax	(162758.11)	(61,085.17)
Exceptional Items (Provision for gratuity)	-	-
Profit (loss) before Tax	(162758.11)	(61,085.17)
Current Tax	--	--
Deferred Tax Adjustment	5434.02	6241.07
Profit (loss) After Tax	(168192.13)	(67326.24)
Earnings per share (Rs.)	(3.94)	(1.58)

NOTES: The above figures are extracted from the standalone
financial statements prepared in compliance with the Indian
Accounting Standards (Ind AS) and comply with all aspects
of the Indian Accounting Standards (Ind AS) notified under
Section 133 of the Companies Act, 2013 (the Act) [Companies
(Indian Accounting Standards) Rules, 2015 (amended)] and
other relevant provisions of the Act.

2. COMPANY''S PERFORMANCE:

The Revenue from Operations for F.Y 2023¬
2024 was Rs. 272,549,701 as compared to the
previous year''s revenue of Rs.275,316,513.
The profit/loss after tax for F.Y 2023-2024
and F.Y 2022-2023 was (16,819,514) and
(6,732,575) respectively.

3. STATE OF COMPANY''S AFFAIRS:

Information on Companies operations is
given in the Management Discussion &
Analysis Report forming part of this Report.

4. DIVIDEND:

Keeping in view the losses for the year
under review, the Board of Directors of the
Company have not recommended any
dividend for the Financial Year 2023-24.

5. DETAILS IN RESPECT OF
ADEQUACY OF INTERNAL
FINANCIAL CONTROLS WITH
REFERENCE TO THE FINANCIAL
STATEMENTS.

The Company has proper place and
adequate internal control systems
commensurate with the nature of its
business, and size and complexity of its
operations. Internal control systems
comprising of policies and procedures are
designed to ensure reliability of financial
reporting, timely feedback on achievement
of operational and strategic goals,
compliance with policies, procedure,
applicable laws and regulations, and all
assets and resources are acquired
economically, used efficiently and
adequately protected.

6. MATERIAL CHANGES AND

COMMITMENTS_AFFECTING

FINANCIAL POSITION BETWEEN
THE END OF THE FINANCIAL YEAR
AND DATE OF REPORT:

There are no material changes after the
balance sheet date which may materially
affect the financial position of the company
or having any material impact on the
operations of the Company.

7. CHANGES IN NATURE OF BUSINESS:

There is no change in the nature of business
in comparison to immediately preceding
year.

8. INFORMATION_ABOUT

SUBSIDIARIES, JOINT VENTURES
OR ASSOCIATE COMPANIES:

The Company has no subsidiaries, joint
ventures or associates during the year and
therefore no details are required to be given.

9. CONSOLIDATED_FINANCIAL

STATEMENTS:

The Company has no Subsidiary, Associate
or Joint Venture and therefore question of
consolidated financial statement do not
arise.

10. TRANSFER OF UNCLAIMED

DIVIDEND TO INVESTOR

EDUCATION AND PROTECTION

FUND:

The provisions of Section 125(2) of the
Companies Act, 2013 is not applicable as the
company has not declared dividend in any
previous financial years, accordingly there
is no unclaimed/ unpaid dividend. So,
there are no amounts transferred to IEPF
during the year.

11. DEPOSITS FROM PUBLIC:

The Company has not accepted any
deposits from public and as such, no
amount on account of principal or interest
on deposits from public was outstanding as
on the date of the balance sheet.

12. LISTING OF SHARES:

Shares of company have been listed on
Bombay Stock Exchange

13. SHARE CAPITAL:

The Company has 4,264,900 Equity Shares
of Rs. 10 each amounting to Rs. 42,649,000.

The Company has only one class of Equity
Share having a par value of Rs. 10/-each.

A) Issue of shares or other convertible
securities

The company has not issued any equity
shares or other convertible securities,
during the financial year.

B) Issue of equity shares with differential
rights

The company has not issued any equity
shares with differential rights, during the
financial year.

C) Issue of sweat equity shares

The company has not issued any sweat
equity shares, during the financial year.

D) Details of employee stock options

The company has not issued any employee
stock options, during the financial year.

E) Provision of money by company for
purchase of its own shares by employees
or by trustees for the benefit of employees

There is no such provision created by
company for purchase of its own shares by
employees or by trustees for the benefit of
employees.

F) Issue of debentures, bonds or any non¬
convertible securities

The company has not issued any
debentures, bonds or any non-convertible
securities, during the financial year.

G) Issue of warrants

The company has not issued any warrants,
during the financial year.

14. TRANSFER TO RESERVES:

The Company proposes to transfer no
amount to the general reserve.

15. ANNUAL RETURN:

Annual return for F.Y 2023-2024 is available
on the website of the Company i.e.
https://www.sonihospitals.com.

16. BOARD EVALUATION:

The performance evaluation of the
individual Directors including chairman of
Board was done in accordance with the
provision of the Company Act, 2013.

17. DIRECTORS AND KEY MANAGERIAL
PERSONNEL:

RETIRE BY ROTATION:

As per section 152 of the Companies Act
2013, Mrs. Anju Soni would retire by
rotation at the forthcoming Annual General
Meeting and is eligible for reappointment.

INDEPENDENT DIRECTORS:

The Board of Directors of the Company
consists of 5 (Five) Directors out of which 3
(Three) are Non-Executive -Independent
Directors.

All Independent Directors have given
declaration that they meet the criteria of
independence as laid down under Section
149(6) of the Companies Act, 2013 and
Regulation 16 of Securities and Exchange
Board of India (Listing Obligations and
Disclosure Requirements) Regulations,
2015.

COMPOSITION OF BOARD OF
DIRECTOR:

The Board of the Company as on March 31,
2024 consists of 5 (Five) Directors. 3 (Three)

are Non-Executive-Independent Directors
and 1 (One) Executive Director and 1 (One)
Non-Executive - Non Independent Director.

There were no changes in the composition
of Board of Directors during the financial
year 2023-2024.

Changes in the Composition of the Board of
Directors after the Closure of Financial
Year:

After the closure of financial year 2023-24,
Mrs. Alankrita Sharma is appointed as an
Additional Independent Director w.e.f.
06/09/2024.

COMPOSITION OF KEY MANAGERIAL
PERSONNEL (Other Than Board of
Directors):

During the financial year 2023-2024 Ms.
Pooja Sharma has resigned from the
Designation of Company Secretary &
compliance officer of the company w.e.f.
04/06/2023 and Ms. Shreya Garg was
appointed as Company Secretary &
compliance officer w.e.f. 05/06/2023 and
she resigned w.e.f. 04/10/2023 and further
Ms. Juhi Gurnani was appointed w.e.f. 13^th
December 2023 as the Company Secretary &
Compliance officer of the company.

There were no other changes in the
composition of KMP during the financial
year 2023-2024.

18. CONSERVATION OF ENERGY,
TECHNOLOGY ABSORPTION AND
FOREIGN EXCHANGE EARNINGS
ANDOUTGO:

The details of conservation of energy,
technology absorption, foreign exchange
earnings and outgo are as follows:

A. CONSERVATION OF ENERGY:

The information required under the
provisions of section 134 (3) (m) of the
Companies Act, 2013 read with Rule 8(3) of
the Companies (Accounts) Rules, 2014
relating to the conservation of energy and
technology absorption is not applicable, as
the Company is not carrying out any
manufacturing operation.

B. FOREIGN EXCHANGE EARNINGS
AND OUTGO:

Particulars	As on 31.03.2024	As on 31.03.2023
a) Earnings in foreign exchange	Nil	Nil
b) Expenditure / outgo in foreign exchange (Travelling)	Nil	Nil

19. MEETINGS:

During the financial year 2023-2024,
following meetings were convened:

Board Meetings

S.	Date of Boat''d	Board''s	No. of Directors
No.	Meeting	Strength	Present
1.	29 May 2023	5	5
2.	15 June 2023	5	5
3.	14 Aug 2023	5	5
4.	06 Sep 2023	5	5
5.	14 Nov 2023	5	5
6.	13 Dec 2023	5	5
7.	14 Feb 2024	5	5

Audit Committee Meetings

S. No.	Date of Meeting	Member" s Strength	No. of Members Present
1.	29/05/2023	3	3
2.	14/08/2023	3	3
3.	14/11/2023	3	3
4.	14/02/2024	3	3

Nomination & Remuneration Committee
Meetings

S.	Date of Meeting	Member" s	No. of Members
No.		Strength	Present
1.	05/06/2023	3	3

2.

06/12/2023

3

3

Stakeholders Relationship Committee
Meetings

S	Date of Meeting	Member''s	No. of Members
.No.		Strength	Present
1.	26/02/2024	3	3

Members Meeting

Type of Meeting	Date of Meeting	Total No. of Members Entitle to Attend	No. of Members Attended
Annual	30-09-	930	22
General	2023
Meeting

21. NOMINATION_AND

REMUNERATION COMMITTEE:

The Nomination and Remuneration
Committee comprises of:

i. MAHAVIR PRASAD YADAV - Chairperson

ii. ANJU SONI

iii MAMTA SHARMA

22. AUDIT COMMITTEE:

The Audit Committee comprises of:

i. MAHAVIR PRASAD YADAV - Chairperson

ii. ANJU SONI

iii MAMTA SHARMA

23. DETAILS OF ESTABLISHMENT OF

VIGIL MECHANISM FOR

DIRECTORS AND EMPLOYEES:

The Company has put in place Vigil
Mechanism for Directors and Employees of
the Company.

24. CORPORATE_SOCIAL

RESPONSIBILITY (CSR):

As the Company does not fall under the
Class of Companies as prescribed under

Section 135 of Companies Act,2013 and
Rules made there under, therefore the
provisions related to Corporate Social
Responsibility is not applicable to the
Company.

Therefore, Company is not liable to
contribute towards Corporate Social
Responsibility.

25. PARTICULARS OF LOANS,
GUARANTEES OR INVESTMENTS
UNDER SECTION 186:

The particulars of loans, guarantees and
investments as per Section 186 of the Act by
the Company, have been disclosed in the
financial statements.

26. PARTICULARS OF CONTRACTS OR
ARRANGEMENTS WITH RELATED
PARTIES:

The particulars of contracts or arrangements
entered into by the Company with related
parties referred to in sub-section (1) of
Section 188 of the Companies Act, 2013
including certain arm''s length transactions
under the proviso thereto have been
disclosed in Form No. AOC-2 and the same
forms part of this report.

27. MANAGERIAL REMUNERATION:

? During the financial year company has
not paid remuneration to directors of
the company.

? There is no Employee who is in receipt
of remuneration of more than Rs.
8,50,000 per month or Rs. 102,00,000 per
annum under Section 5(2) of the
Companies (Appointment and
Remuneration of Managerial Personnel)
Rules, 2014 in the financial year 2023¬
2024.

? The Company does not have any
material information to report in
accordance to Rule 5, of the Companies
(Appointment and Remuneration of
Managerial Personnel) Rules, 2014.

28. AUDITORS AND AUDIT REPORT

a. STATUTORY AUDITORS:

In accordance with Sec 139 of the
Companies Act, 2013, M/s TAMBI ASHOK
& ASSOCIATES, Chartered Accountants
(FRN: 005301C), were appointed by the
shareholders of the Company at the Annual
General Meeting held on September 30,
2022, as Statutory Auditors of the company
for a period of 5 years to hold office from
the conclusion of 34^th Annual General
Meeting till the conclusion of the 39^th
Annual General Meeting of the Company to
be held for financial year ended on 31
March 2027.

b. STATUTORY AUDITORS REPORT:

There are no observations (including any
qualification, reservation, adverse remark
or disclaimer) of the Auditors in their Audit
Report that may call for any explanation
under section 134(3)(f) of the Companies
Act, 2013 from the Directors. Further, the
notes to accounts referred to in the Auditors
Report are self-explanatory.

c. SECRETARIAL AUDITOR

Pursuant to the provisions of Section 204 of
the Companies Act, 2013 and the
Companies (Appointment and

Remuneration of Managerial Personnel)
Rules, 2014, the Company with the
approval of its Board, appointed M/s.
Mahendra Khandelwal& Co., a firm of
Company Secretaries in Practice to
undertake the Secretarial Audit of the

Company for the financial year 2023-2024.
The Secretarial Audit Report is annexed
herewith as Annexure I. There are no
qualifications, reservation or adverse
remark or disclaimer made by the auditor in
the report save and except disclaimer made
by them in discharge of their professional
obligation.

d. INTERNAL AUDITORS

The Board has appointed M/s. AKN Jain &
Co. Chartered Accountants as Internal
Auditors for a period of one year 2023-2024
under Section 138 of the Companies Act,
2013 and he has completed the internal
audit as per the scope defined by the Audit
Committee.

29. GREEN INTIATIVES:

Electronic copies of the Annual Report
2023-2024 and the Notice of 36^th AGM will
be send to all members whose e-mail
address is registered with the
company/depository participants. For
members who have not registered their
email address, physical copies will be send
in the permitted mode.

30. RISK MANAGEMENT POLICY:

The Company has its Risk Management
Policy to identify and deal with the risks
and threats that could impact the
organization. Risk Management Policy is
available for inspection at the Registered
Office of the Company during business
hours on any working day.

31. DIRECTOR''S_RESPONSIBILITY

STATEMENT:

The Directors'' Responsibility Statement
referred to in clause (c) of sub-section (3) of

Section 134 of the Companies Act, 2013,
shall state that—

(a) In the preparation of the annual
accounts, the applicable accounting
standards had been followed along with
proper explanation relating to material
departures;

(b) Director had selected such accounting
policies and applied consistently and
judgments and estimates have been made
that are reasonable and prudent so as to
give a true and fair view of the state of
affairs of the company at the end of the
financial year and of the profit and loss of
the company for that period;

(c) Director had taken proper and sufficient
care for the maintenance of adequate
accounting records in accordance with the
provisions of Companies Act for
safeguarding the assets of the company and
for preventing and detecting fraud and
other irregularities;

(d) The annual accounts have been
prepared on a going concern basis.

(e) That internal financial controls were laid
down to be followed and that such internal
financial controls were adequate and were
operating effectively.

(f) That proper system were devised to
ensure compliance with the provisions of all
applicable laws and that such systems were
adequate and operating effectively.

32. CORPORATE GOVERNANCE AND
MANAGEMENT DISCUSSION &
ANALYSIS REPORTS:

The Corporate Governance and
Management Discussion & Analysis Report,
which forms a part of this Report, are set
out separately together with the Certificate

from the Auditors of the Company
regarding compliance with the
requirements of Corporate Governance as
stipulated in SEBI (LODR) Regulations,
2015.

33. DETAILS OF SIGNIFICANT AND
MATERIAL ORDERS PASSED BY THE
REGULATORS OR COURTS OR
TRIBUNALS IMPACTING THE
GOING CONCERN STATUS AND
COMPANY''S OPERATIONS IN
FUTURE:

There are no significant and material orders
passed by the regulators or courts or
Tribunals impacting the going concern
status and company''s operation in future.

34. NUMBER OF CASES FILED (IF ANY),
AND THEIR DISPOSAL U/S 22 OF
THE SEXUAL HARASSMENT
OFWOMEN AT WORKPLACE
(PREVENTION, PROHIBITION AND
REDRESSAL) ACT, 2013:

The Company has zero tolerance towards
any action on the part of any of its official,
which may fall under the ambit of ''Sexual
Harassment'' at workplace, and is fully
committed to uphold and maintain the
dignity of every women employee of the
Company. The Company''s Sexual
Harassment Policy provides for protection
against sexual harassment of Women at
workplace and for Prevention and redressal
of such complaints. During the financial
year no case of Sexual Harassment were
reported.

35. HUMAN_RESOURCES

MANAGEMENT:

We firmly believe that employee
motivation, development and engagement

are key aspect of good human resource
management. We provide several forums
and communication channels for our
employees to not only share their point of
view and feedback related to our business,
but also share feedback self-development
and career advancement. These forums
have helped us to identify and implement a
number of structural changes during the
year under review.

36. OTHER DISCLOSURES AND
STATUTORY INFORMATION:

a. Compliance with Secretarial Standards
The Company complies with applicable
secretarial standards.

b. Policies and code adopted by the
Company

The Board of Directors has from time to
time framed and approved policies as
required by the SEBI LODR Regulations as
well as under the Companies Act, 2013.
These policies will be reviewed by the
Board at periodic intervals. Some of the key
policies that have been adopted are as
follows:

¦ Code for Disclosure of Unpublished
Price Sensitive Information

¦ Code of Conduct for Insider Trading

¦ Policy on Related Party Transactions

¦ Code of Conduct for Directors and
Senior Management Personnel

¦ Whistle Blower Policy

37. ACKNOWLEDGEMENTS:

The Directors thank the Company''s
employees, customers, vendors, investors
and academic partners for their continuous
support.

The Directors also thank the Government of
India, Governments of various states in
India and concerned Government
departments and agencies for their co¬
operation

The Directors appreciate and value the
contribution made by every member of the
Company.

By order of the Board
For Soni Medicare Limited
L51397RJ1988PLC004569

Date: 06^th September, 2024
Place: Jaipur

Sd/-

Bimal Roy Soni
Chairman cum Managing Director
DIN: 00716246

---

Mar 31, 2014

Dear Members,

The Directors have pleasure in presenting their Twenty Sixth Annual Report and Audited Statement of Accounts for the financial year ended 31st March, 2014

(Rs. In Lakhs)

2013-14 2012-13

Total receipts/ Income 1250.37 937.82

Operating profit before financial charges,

Depreciation & tax 184.82 170.82

Less : Financial charges 96.01 86.06

Depreciation 57.40 153.41 51.41 137.47

Net Profit (before tax) 31.41 33.35

Less : Provision for Tax 9.75 9.80

21.66 23.55

Less/Add : Deferred Tax Liability (current year) ( )0.14 ( )1.75

Net Profit 21.80 21.80

Surplus B/F from previous Year 220.23 198.43

Surplus C/F to Balance Sheet 242.03 220.23

WORKING OPERATION

During the year under review, the hospital unit provided all medical facilities with available high tech equipment and expertise of the consulting specialists and other paramedical staff and maintained high status in the line. Though there has been continued recessionary trend in economy greatly affecting the hospital services, your company has been able to serve comparatively better with all its high profile experts and consultants which made it possible to achieve satisfactory working results during the year under review. The company has been in the forefront for varied specialized medical services and, except under any unforeseen circumstances, some improved working results are expected during the current year.

STOCKEXCHANGES

The equity shares of company are listed with Jaipur, Delhi and Ahmedabad Stock Exchanges and annual listing fee for the current year is being paid.

BIMAL ROY SONI, ANJU SONI, who retire by rotation at the ensuing annual general meeting and being eligible, offer themselves for reappointment/ appointment. Your Board recommends their re-appointments for your consideration, at the ensuing Annual General Meeting of the company. SUDHA GARG, ASHOK PURI, RAJ KUMAR SONI, KAMLAKAR SHARMA, PRAVEEN KUMAR SONI, PURSHOTAM DAS AGARWAL, SAIFY ARSIWALA removed due to non attending continuously board meeting sine last one year.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to provisions of section 217 (2AA) of Companies Act, 1956,your directors hereby state:

1. that in the preparation of the annual accounts for the financial year ended 31st March 2014 the applicable accounting standards had been followed along with proper explanation relating to material departure;

2. that the directors had 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 state of affairs of the company at the end of the financial year and of the profit of the company for that period;

3. that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

4. that the directors had prepared the annual accounts on a going concern basis.

AUDIT COMMITTEE

An Audit Committee comprising Dr. Anju Soni, Shri Surendra Kumar Kala and Shri Sumer Chand Jain (Non-executive & independent), Members existed. Powers & functions of Committee are as provided in Section 292A of the Companies Act, 1956 and clause 49 of Listing Agreement.

CORPORATE GOVERNANCE

A separate report on Corporate Governance of the company is annexed to this report. A certificate from the auditors of the company regarding compliance of corporate governance as stipulated under clause 49 of the listing agreement is appended to the report on corporate governance. Affirmation from Chairman cum Managing Director regarding compliance of code of conduct has been given elsewhere in the Annual Report.

COMPLIANCE CERTIFICATE

A copy of Compliance Certificate obtained under provision of section 383 A(1). Proviso of Companies Act, 1956, is attached here to.

CHAIRMAN CUM MANAGING DIRECTOR & CHIEF FINANCIAL OFFICER CERTIFICATION

As required by Clause 49 of the Listing Agreement, the Chairman cum Managing Director and Chief Accounts Officer Certification is provided elsewhere in the Annual Report.

FIXED DEPOSIT

The company has not accepted any deposit from the public pursuant to provisions of section 58A of the Companies Act, 1956.

AUDITORS

Notes to the account as referred to in the auditors report are self explanatory and therefore do not call for any further comments or explanation.

M/s Tambi Ashok & Associates, chartered accountants retire at the ensuing Annual General Meeting and are eligible for their reappointment. They have furnished a certificate to the effect their proposed reappointment, if made, would be within the prescribed limit under section 139 of the Companies Act, 2013.

PARTICULARS OF EMPLOYEES

None of the employees was covered under the provision of section 217 (2A) of the Companies Act 1956 read with the Companies (Particulars of Employees) Rules, 1975 (as amended) and the said particulars are Nil.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION, ETC.

There is no unusual consumption of power, except for general lighting. There is no imported technology involved, as medical experts drawn from available sources in India are assisting in the hospital services being provided.

Foreign exchange Earning & Out go 2013-14 2012-13

Earning: Nil Nil

Expenditure: Nil Nil

ACKNOWLEDGMENT

Your directors wish to sincerely thank the Punjab National Bank, SIDBI, SBBJ, Bajaj Finance Ltd., Government Authorities, RBI, Financial Institutions and other Government Agencies for their excellent support and cooperation. The Directors also express their appreciation for the dedicated and sincere services rendered by all Consultant Doctors, officers and employees, which in turn enabled the company to win confidence from larger segment of public.

For on the behalf of Board of Directors Place: Jaipur Sd/- Dated: 30.05.2014 (Dr. B.R. Soni) Chairman & Managing Director

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Mar 31, 2013

Dear Members,

The Directors have pleasure in presenting their Twenty Fifth Annual Report and Audited Statement of Accounts for the Financial year ended 31st March, 2013

Rs. In Lakhs)

2012-13 2011-12

Total receipts/ Income 937.82 913.33

Operating profit before financial charges,

Depreciation & tax 170.82 163.94

Less : Financial charges 86.06 73.20

Depreciation 51.41 137.47 51.34 124.54

Net Profit (before tax) 33.35 39.40

Less : Provision for Tax 9.80 7.97

23.55 31.43

Less/Add : Deferred Tax Liability (current year) (-)1.75 (-)1.50

Net Profit 21.80 29.93

Surplus B/F from previous Year 198.43 168.50

Surplus C/F to Balance Sheet 220.23 198.43

WORKING OPERATION

During the year under review, the hospital unit provided all medical facilities with available high tech equipment and expertise of the consulting specialists and other paramedical staff and maintained high status in the line. Though there has been continued recessionary trend in economy greatly affecting the hospital services, your company has been able to serve comparatively better with all its high profile experts and consultants which made it possible to achieve satisfactory working results during the year under review. The company has been in the forefront for varied specialized medical services and, except under any unforeseen circumstances, some improved working results are expected during the current year.

STOCK EXCHANGES

The equity shares of company are listed with Jaipur, Delhi and Ahmedabad Stock Exchanges and annual listing fee for the current year is being paid.

DIRECTORS

Dr. ASHOK PURI, Dr. PRAVEEN KUMAR SONI and DR. SAIFY ARSIWAL, who retire by rotation at the ensuing annual general meeting and being eligible, offer themselves for reappointment/ appointment. Your Board recommends their re-appointments for your consideration, at the ensuing Annual General Meeting of the company.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to provisions of section 217 (2AA) of Companies Act, 1956, your directors hereby state:

1. that in the preparation of the annual accounts for the financial year ended 31st March 2013 the applicable accounting standards had been followed along with proper explanation relating to material departure;

2. that the directors had 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 state of affairs of the company at the end of the financial year and of the profit of the company for that period;

3. that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

4. that the directors had prepared the annual accounts on a going concern basis.

AUDIT COMMITTEE

An Audit Committee comprising Dr. Ashok Puri (Non-executive & independent) Chairman, Shri Kamlakar Sharma and Shri Sumer Chand Jain (Non-executive & independent), Members existed. Powers & functions of Committee are as provided in Section 292A of the Companies Act, 1956 and clause 49 of Listing Agreement.

CORPORATE GOVERNANCE

A separate report on Corporate Governance of the company is annexed to this report. A certificate from the auditors of the company regarding compliance of corporate governance as stipulated under clause 49 of the listing agreement is appended to the report on corporate governance. Affirmation from Chairman cum Managing Director regarding compliance of code of conduct has been given elsewhere in the Annual Report.

COMPLIANCE CERTIFICATE

A copy of Compliance Certificate obtained under provision of section 383 A(1). Proviso of Companies Act, 1956, is attached here to.

CHAIRMAN CUM MANAGING DIRECTOR & CHIEF FINANCIAL OFFICER CERTIFICATION

As required by Clause 49 of the Listing Agreement, the Chairman cum Managing Director and Chief Accounts Officer Certification is provided elsewhere in the Annual Report.

FIXED DEPOSIT

The company has not accepted any deposit from the public pursuant to provisions of section 58A of the Companies Act, 1956.

AUDITORS

Notes to the account as referred to in the auditors report are self explanatory and therefore do not call for any further comments or explanation.

M/s Tambi Ashok & Associates, chartered accountants retire at the ensuing Annual General Meeting and are eligible for their reappointment. They have furnished a certificate to the effect their proposed reappointment, if made, would be within the prescribed limit under section 224 (1- B) of the Companies Act, 1956.

PARTICULARS OF EMPLOYEES

None of the employees was covered under the provision of section 217 (2A) of the Companies Act 1956 read with the Companies (Particulars of Employees) Rules, 1975 (as amended) and the said particulars are Nil.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION, ETC.

There is no unusual consumption of power, except for general lighting. There is no imported technology involved, as medical experts drawn from available sources in India are assisting in the hospital services being provided.

Foreign exchange Earning & Out go 2012-13 2011-12

Earning: Nil Nil

Expenditure: Nil Nil

ACKNOWLEDGEMENT

Your directors wish to sincerely thank the Punjab National Bank, SIDBI, SBBJ, Bajaj Finance Ltd., Government Authorities, RBI, Financial Institutions and other Government Agencies for their excellent support and cooperation. The Directors also express their appreciation for the dedicated and sincere services rendered by all Consultant Doctors, officers and employees, which in turn enabled the company to win confidence from larger segment of public.

For on the behalf of Board of Directors

Place: Jaipur Sd/- Dated: 28.08.2013 (Dr. B.R. Soni) Chairman & Managing Director

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Mar 31, 2012

Dear Members,

The Directors have pleasure in presenting their Twenty Fourth Annual Report and Audited Statement of Accounts for the Financial year ended 31st March, 2012

(Rs. In Lakhs)

2011-12 2010-11

Total receipts/ Income 913.33 808.79

Operating profit before financial charges

Depreciation & tax 163.94 163.48

Less : Financial charges 73.20 87.34

Depreciation 51.34 124.54 51.11 138.45

Net Profit (before tax) 39.40 25.03

Less : Provision for Tax 7.97 5.35

31.43 19.68

Less/Add : Deferred Tax Liability (-)1.50 (-)4.51

Net Profit 29.93 15.17

Surplus B/F from previous Year 168.50 153.33

Surplus C/F to Balance Sheet 198.43 168.50

WORKING OPERATION

During the year under review, the hospital unit provided all medical facilities with available high tech equipment and expertise of the consulting specialists and other paramedical staff and maintained high status in the line. Though there has been continued recessionary trend in economy greatly affecting the hospital services, your company has been able to serve comparatively better with all its high profile experts and consultants which made it possible to achieve satisfactory working results during the year under review. The company has been in the forefront for varied specialized medical services and, except under any unforeseen circumstances, some improved working results are expected during the current year.

STOCK EXCHANGES

The equity shares of company are listed with Jaipur, Delhi and Ahmedabad Stock Exchanges and annual listing fee for the current year is being paid.

DIRECTORS

Dr. BIMAL ROY SONI , Dr. ANJU SONI, KAMLAKAR SHARMA, RAJKUMAR SONI who retire by rotation at the ensuing annual general meeting and being eligible, offer themselves for reappointment/ appointment. Your Board recommends their re-appointments for your consideration, at the ensuing Annual General Meeting of the company.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to provisions of section 217 (2AA) of Companies Act, 1956, your directors hereby state:

1. that in the preparation of the annual accounts for the financial year ended 31st March 2012 the applicable accounting standards had been followed along with proper explanation relating to material departure;

2. that the directors had 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 state of affairs of the company at the end of the financial year and of the profit of the company for that period;

3. that the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;

4. that the directors had prepared the annual accounts on a going concern basis.

AUDIT COMMITTEE

An Audit Committee comprising Dr. Ashok Puri (Non-executive & independent) Chairman, Shri Kamlakar Sharma and Shri Sumer Chand Jain (Non-executive & independent), Members existed. Powers & functions of Committee are as provided in Section 292A of the Companies Act, 1956 and clause 49 of Listing Agreement.

CORPORATE GOVERNANCE

A separate report on Corporate Governance of the company is annexed to this report. A certificate from the auditors of the company regarding compliance of corporate governance as stipulated under clause 49 of the listing agreement is appended to the report on corporate governance. Affirmation from Chairman cum Managing Director regarding compliance of code of conduct has been given elsewhere in the Annual Report.

COMPLIANCE CERTIFICATE

A copy of Compliance Certificate obtained under provision of section 383 A(1). Proviso of Companies Act, 1956, is attached here to.

CHAIRMAN CUM MANAGING DIRECTOR & CHIEF FINANCIAL OFFICER CERTIFICATION

As required by Clause 49 of the Listing Agreement, the Chairman cum Managing Director and Chief Accounts Officer Certification is provided elsewhere in the Annual Report.

FIXED DEPOSIT

The company has not accepted any deposit from the public pursuant to provisions of section 58A of the Companies Act, 1956.

AUDITORS

Notes to the account as referred to in the auditors report are self explanatory and therefore do not call for any further comments or explanation.

M/s Tambi Ashok & Associates, chartered accountants retire at the ensuing Annual General Meeting and are eligible for their reappointment. They have furnished a certificate to the effect their proposed reappointment, if made, would be within the prescribed limit under section 224 (1- B) of the Companies Act, 1956.

PARTICULARS OF EMPLOYEES

None of the employees was covered under the provision of section 217 (2A) of the Companies Act 1956 read with the Companies (Particulars of Employees) Rules, 1975 (as amended) and the said particulars are Nil.

ENERGY CONSERVATION, TECHNOLOGY ABSORPTION, ETC.

There is no unusual consumption of power, except for general lighting. There is no imported technology involved, as medical experts drawn from available sources in India are assisting in the hospital services being provided.

Foreign exchange Earning & Out go 2011-12 2010-11

Earning: Nil Nil

Expenditure: Nil Nil

ACKNOWLEDGEMENT

Your directors wish to sincerely thank the IDBI Bank Ltd., SIDBI, SBBJ, Bajaj Finance Ltd., Government Authorities, RBI, Financial Institutions and other Government Agencies for their excellent support and cooperation. The Directors also express their appreciation for the dedicated and sincere services rendered by all Consultant Doctors, officers and employees, which in turn enabled the company to win confidence from larger segment of public.

For on the behalf of Board of Directors

Place: Jaipur Sd/- Dated: 11.08.2012 (Dr. B.R. Soni) Chairman & Managing Director