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Chairman's Speech

Dear Shareholders,

Over the past year, PHF Leasing has witnessed extraordinary growth, solidifying our position as a leading finance company in India. I am thrilled to announce that our company has achieved a remarkable milestone by crossing the pivotal benchmark of 100 Crores Assets Under Management. This significant achievement is a testament to the collective efforts and unwavering dedication of our entire team.

Our success story is anchored in our commitment to empowering rural communities and fostering economic development. By providing financial solutions to small-scale businesses and aspiring entrepreneurs, we have been instrumental in driving local innovation and catalyzing growth. Through our efforts, we have witnessed firsthand the transformative power of access to finance in rural India. Looking ahead, we are eager to replicate and surpass our achievements from the previous year. Our goal is to deliver once again at more than 100% growth, reinforcing our commitment to sustainable expansion and value creation for our shareholders.

Amidst our growth, we remain cognizant of the challenges that lie ahead. Rural finance, although filled with immense opportunities, requires us to navigate infrastructure gaps, regulatory complexities, and risks associated with lending in remote areas. However, I am confident that with our robust risk management framework and the dedication of our talented workforce, we will overcome these challenges and emerge stronger.

At PHF Leasing, we recognize that our success is not measured solely by financial numbers but also by our impact on the communities we serve & we remain committed to upholding ethical practices, promoting environmental sustainability, and actively engaging with the communities we operate in.

I extend my heartfelt gratitude to each and every one of you, our valued shareholders, for your unwavering support and trust in PHF Leasing. Together, we have achieved remarkable milestones, and I have no doubt that our collective efforts will propel us to even greater heights in the years to come.

Thank you once again for your continued belief in our company. Your faith in PHF Leasing is what drives us forward, and we remain steadfast in our commitment to delivering sustainable growth and maximizing shareholder value.

Yours sincerely,

Yaduvendra Mathur

Chairman and Independent Director