Another year of market-leading performance! Through a dedicated and forward-looking strategy, we have successfully established a strong groundwork for the promising success that lies ahead.

The hospitality industry has witnessed a year of remarkable and exponential growth, and Praveg has once again positioned itself as a frontrunner in terms of performance. Throughout this year, our company has orchestrated a series of remarkable events and exhibitions, solidifying our standing as an industry leader. Moreover, our expansion efforts within the hospitality sector have been particularly noteworthy, marked by the development of exceptional resorts such as Tent City Varanasi, Praveg Beach Resort at Lighthouse Beach, and Jampore Beach, Daman, as well as Praveg Beach Resort at Chakratirth Beach and Ghoghla Beach, Diu.

At the core of our endeavours has been a steadfast commitment to offering a diverse array of distinctive stay and budget options. This approach has not only forti ed our market position but has also distinctly set us apart from our contemporaries. Our dedication to catering to a wide spectrum of preferences aligns seamlessly with our ongoing efforts to establish ourselves as a standout choice in the industry.

As a responsible corporate entity, we hold our commitment to operating with integrity and an unwavering sense of purpose. This commitment is demonstrated through our close collaborations with stakeholders. Our aim is to foster an environment where our company's operations resonate with a profound sense of purpose, one that positively impacts the communities we are privileged to serve. By doing so, we play our part in contributing to the overall development of the nation.

In this endeavor, we invite all stakeholders to join hands and work collectively to bring forth tangible and meaningful bene ts to the communities we touch. Together, we can make a lasting difference, enhancing the lives of those we engage with while paving the way for a brighter and more promising future.

I take this opportunity to thank the Board of Directors, Valued Shareholders, Bankers, Financial Institutions, Business Partners and other Stakeholders for their continued guidance and support.

With best wishes,

Sincerely,

Vishnukumar Patel

Chairman