Your Company has performed very well during the year under review. It has maintained the continuous growth perspective. There has been overall increase in Turnover, Profit before tax and Profit after Tax as well as operational performance. Your directors are pleased to inform you that during the year your company has set up new Rolling unit for production of TMT Re Bar under the Brand Name “BANSAL SUPER”. During the year under review the company has started setting up distribution Channel for its products. The Company has promoted branding of its products which has received a much favourable response from the market. In the current year the directors are of the opinion that the performance of the company will be much better than the year under review as new TMT unit has commenced production and the product is in huge demand in the market . The distribution channel will be more strengthened and a move is derived to reach the ultimate consumer. The company will continue to contribute to its own growth and also to the growth of the economy and society at large.

PARTICULARS REGARDING CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO The details required pursuant to 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 conservation of energy, technology absorption and Foreign Exchange Earning and outgo form part the Board’s Report and marked as “Annexure –B” Annexure ‘B’ to Board’s Report Information on conservation of energy, technology absorption, foreign exchange earnings and outgo pursuant to Section 134 (3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 for financial year ended on 31st March, 2018 A. Conservation of Energy (i) Steps taken or impact on conservation of energy: • The Company continues to give high priority to the conservation of energy on an ongoing basis. The Company monitors the energy consumption and it takes due care in proper utilization of the energy. • The regular maintenance of Plant & Machinery, installation of Automated Machines and watchful supervision results in reduction in energy consumption. • Steps are taken for replacing defective and inefficient equipments as and when required. • The Company has initiated special drive for increasing efficiency with the lesser conservation of energy and preventing misuse or wastage of energy. (ii) Steps taken for utilizing alternate sources of energy: The Company is exploring for alternate sources of energy. (iii) Capital Investment on energy conservation equipments: No material expenditure was incurred on energy conservation equipments. B. Technology Absorption i) Efforts, made towards technology absorption. The Company is using new technology machines for better production and effective utilization of resources. Manufacturing process is continuously monitored to ensure better productivity. ii) Benefits derived like product improvement, cost reduction, product development, import substitution, etc. • Improved productivity and cost reduction. • Introduction of new and improved products. • Improvement in product quality. The above has helped the Company to satisfy the consumers need and business requirements. iii) In case of imported technology: During last 3 FYs including FY 2017-18, the Company has not imported any technology. C. Foreign Exchange Earnings and Outgo Foreign exchange earned : Rs. 931.72 Lakh Foreign exchange outgo : Rs. 2147.80 Lakh

PARTICULARS REGARDING CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO The details required pursuant to 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 conservation of energy, technology absorption and Foreign Exchange Earning and outgo form part the Board’s Report and marked as “Annexure –B” Annexure ‘B’ to Board’s Report Information on conservation of energy, technology absorption, foreign exchange earnings and outgo pursuant to Section 134 (3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014 for financial year ended on 31st March, 2018 A. Conservation of Energy (i) Steps taken or impact on conservation of energy: • The Company continues to give high priority to the conservation of energy on an ongoing basis. The Company monitors the energy consumption and it takes due care in proper utilization of the energy. • The regular maintenance of Plant & Machinery, installation of Automated Machines and watchful supervision results in reduction in energy consumption. • Steps are taken for replacing defective and inefficient equipments as and when required. • The Company has initiated special drive for increasing efficiency with the lesser conservation of energy and preventing misuse or wastage of energy. (ii) Steps taken for utilizing alternate sources of energy: The Company is exploring for alternate sources of energy. (iii) Capital Investment on energy conservation equipments: No material expenditure was incurred on energy conservation equipments. B. Technology Absorption i) Efforts, made towards technology absorption. The Company is using new technology machines for better production and effective utilization of resources. Manufacturing process is continuously monitored to ensure better productivity. ii) Benefits derived like product improvement, cost reduction, product development, import substitution, etc. • Improved productivity and cost reduction. • Introduction of new and improved products. • Improvement in product quality. The above has helped the Company to satisfy the consumers need and business requirements. iii) In case of imported technology: During last 3 FYs including FY 2017-18, the Company has not imported any technology. C. Foreign Exchange Earnings and Outgo Foreign exchange earned : Rs. 931.72 Lakh Foreign exchange outgo : Rs. 2147.80 Lakh

C. Foreign Exchange Earnings and Outgo Foreign exchange earned : Rs. 931.72 Lakh Foreign exchange outgo : Rs. 2147.80 Lakh

DIRECTORS’ RESPONSIBILITY STATEMENT The Directors acknowledges the responsibility for ensuring compliances with the provisions of section 134(3)(c) read with Section 134(5) of the Companies Act, 2013 and provisions of the SEBI (LODR) Regulations, 2015 and in the preparation of the annual accounts for the year ended 31st March, 2018 states that — (a) in the preparation of the annual accounts, the applicable Indian accounting standards have been followed along with proper explanation relating to material departures; (b) they 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 state of affairs of the company at the end of the financial year and of the profit of the company for the year; (c) they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this 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) they have laid down internal financial controls to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and (f) proper systems had been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.