Company Update

ATVO Enterprises Limited (Formely Known as Vandana Knitwear Limited) CIN No :- L46411RJ1995PLC072122 ; GSTIN : O8AADCTO860H1ZE Registered Office : Bhandari Plaza,2nd Floor, Opp Nagar Parishad Rajendra Marg Bhilwara -311001 (Rajasthan) Contact: 96607-8100 ; E-Mail ID:- vandanaknitwearlimited2021@gmail.com Website: www.vandanaknitwear.com Date: 30.05.2025 To, Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400 001 Scrip ID: VANDANA Script Code: 532090 Sub: - Submission of Secretarial Compliance Report for the year ended March 31, 2025, under Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir, Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI's’ read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11.11.2024, Please find enclosed the Annual Secretarial Compliance Report for the financial year ended March 31, 2025, issued by Mr. Suhas Bhattbhatt of M/s. S Bhattbhatt & Co., Practicing Company Secretaries.

You are requested to kindly take note of the same.

Thanking You, Yours faithfully, For ATVO Enterprises Limited (Formerly known as Vandana Knitwear Limited) Kirti Agarwal Company Secretary & Compliance Officer ICSI Membership No. ACS 56426 Encl. a/a ----------------Page (0) Break---------------- § Bhatthhatt 4 Co. Practising Company Secretaries Regd.

Insolvency Professional Social Auditor Office Address : 520, Grand K 10, Opp.

Honest Restaurant, Nr.

Genda Circle, Vadodara - 390007. Phone No.: 0265-2969504, Mobile : 9824250787 Email : cssuhasb@gmail.com SECRETARIAL COMPLIANCE REPORT OF ATVO ENTERPRISES LIMITED (Formerly Known As Vandana Knitwear Limited) FOR THE FINANCIAL YEAR ENDED 2024-25 I, Suhas Bhattbhatt, Practicing Company Secretary and Proprietor of M/s. S Bhattbhatt & Co., have examined: (a) all the documents and records made available to us and the explanation provided by ATVO Enterprises Limited (Formerly Known as Vandana Knitwear Limited) (“the listed entity”), (b) the filings/ submissions made by the listed entity to the stock exchanges, (c) website of the listed entity, (d) any other document/ filing, as may be relevant, which has been relied upon to make this report, for the financial year ended 2024-25 (“Review Period”) in respect of compliance with the provisions of : a) the Securities and Exchange Board of India Act, 1992 (“SEBI Act”) and the Regulations, circulars, guidelines issued thereunder; and b) the Securities Contracts (Regulation) Act, 1956 (“SCRA”), rules made thereunder and the Regulations,circulars, guidelines issued thereunder by the Securities and Exchange Board of India (“SEBI”); The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, includes:- i. Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; li.

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; there were no instances pursuant to these regulations, hence not applicable for the period under review. iii, Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; ----------------Page (1) Break---------------- iv. vi. vii.

Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; there were no instances pursuant to these regulations, hence not applicable for the period under review.

Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; there were no instances pursuant to these regulations, hence not applicable for the period under review.

Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; there were no instances pursuant to these regulations, hence not applicable for the period under review.

Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015; Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018; and circulars/ guidelines issued thereunder; and based on the above examination, We hereby report that, during the Review Period: I, (a) The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines issued thereunder, except in respect of matters specified below: ----------------Page (2) Break---------------- r om pl ia nc e egu l | De vi at io ns oem De ta il s of Fine bs er va ti on s/ Ma na ge me nt Re ma rk s o|Requirement ti on aken lof Vi ol at io n ‘A mo un t |Remarks of the [R es po ns e . \(Regulations/ /|/ Vv Ac ti on racticing ir cu la rs / irc ull mp an y idelines ec re ta ry in cl ud in g oO. pecific clause) 1 | Re gu la ti on 47 | Reg | The The Th e Co mp an y | Du e to financial - of SE BI | ula | Company Company has not | co ns tr ai nt s, the (L OD R) tio has fai led ha s not pu bl is he d company has op te d Re gu la ti on s, n to publish pu bl is he d in fo rm at io n for a co st -c ut ti ng 20 15 47 Newspape in fo rm at io n in Ne ws pa pe r | approach an d r in as required in | de ci de d not to Advertise Ne ws pa pe r re gu la ti on 47 | publish the results ment as as required of SE BI | in newspapers. per in re gu la ti on (L OD R) Ho we ve r, the Regulatio 47 of SE BI Regulations results can be n 47 of (L OD R) 20 15 wit h | accessed on the SE BI Re gu la ti on s respect to | Stock Exchange (LODR) 20 15 . Financial an d co mp an y' s Re gu la ti o Result an d | we bs it e. ns, 2015. Shareholders Meeting. ----------------Page (3) Break---------------- (b) The lis ted e nti ty has ta ke n the f oll owi ng act ion s to co mp ly w i th the o bs er va ti on s ma de i n previous rep ort s: iSr . mpliance |Regula|Deviations |Ac tio n Ty pe re ar of Fine bservations/Re |/ Ma na ge me nt Remarks INo.|Requirement _|tion/ Ta ke n jof io la ti on [A mo un |m ar ks of the Re sp on se Re gu la ti on s/ ig lby Action It acticing ir cu la rs / No . mp an y ide - lines cretary cl ud in g pe ci fi c clause) 1 Regulation 47 | Re gu | The - - The Nil The Company | Due to | Th e of SEBI | lat io | Company Company ha s not | financial Ma na ge me nt of (LODR) n47 | has fai led ha s not published co ns tr ai nt s, the company Regulations, to pu bl is h pu bl is he d in fo rm at io n in | the co mp an y | ha ve decided to 2015 Newspape in fo rm at io Newspaper as | has opted for a pu bl is h r n in required in | co st -c ut ti ng Financial Advertise Ne ws pa pe r re gu la ti on 47 of ap pr oa ch and | Re su lt and me nt as as re qu ir ed SEBI (LODR) | de ci de d not to Not ice o f per in Re gu la ti on s publish the | Members for Re gu la ti o re gu la ti on 2015 with | results in | upcoming n 47 of 47 of SEBI respect to | newspapers.

Period.

SEBI (L OD R) Fi na nc ia l Re su lt | However, the ----------------Page (4) Break---------------- (LODR) Regulation and results can be Regulatio s 2015. Shareholders accessed on ns, 20 15 . Mee tin g. th e Stock Ex ch an ge and company's we bs it e. Regulation Re gu | The The Nil Th e St at ut or y | The Peer | Statutory 33(1)(d) of | latio | St at ut or y Statutory au di to rs of the | Review Au di to rs has SE BI (LODR) | n Au di to r is au di to rs of company is not Cer tif ica te of | re si gn ed du e to Regulations, 33( 1) | not the ho ld in g peer | St at ut or y val idi ty of their 2015 (d) holding company is review Auditor ex pi re d | peer review Peer not ho ld in g Certificate and it is yet to | cer tif ica te has re vi ew a peer is su ed by the | be renewed by | lapsed, an d Ce rt if ic at e review Peer re vi ew | the St at ut or y re ne wa l is Certificate Board of the | Auditor.

The un de r pro ces s. is su ed by Institute of | Au di to r applied | Th e Co mp an y th e Peer Chartered for Peer Review | has appointed review Ac co un ta nt s of | Certificate.

M/ s. Naresh Bo ar d of India.

However, it is | Ma he sh wa ri & the pe nd in g for | Co. , Ch ar te re d Ins tit ute of approval.

Ac co un ta nt s Ch ar te re d (Fi rm Ac co un ta nt Re gi st ra ti on ----------------Page (5) Break---------------- s of India.

No.007113C) as the Statutory Auditors of the company.

II]. Compliances related to resignation of statutory auditors from listed entities and their material subsidiaries as per SEBI Circular CIR/CFD/CMD1/114/2019 dated 18th October, 2019: Pa rt ic ul ar s mpliance tatus es/No/ NA) \Observations/ Remarks by PCS* jC om pl ia nc es with the following conditions while ap po in ti ng /r e- ap po in ti ng an auditor ilf the auditor has resigned within 45 days from the end of a quarter of a fin anc ial y ear , the auditor bef ore such resignation, has issued the limited review/ audit report for such quarter; or i. If the auditor has resigned aft er 45 days from the end of a quarter of a financial yea r, the auditor before such resignation, has issued the limited review/ audit report for such quarter as wel l as the next quarter; or iii.

If the auditor has signed the l imi ted review/ aud it rep ort for NA Yes NA It is to be noted that M/s. S.N.

Kabra and Company, Statutory Auditors of the Company, resigned with effect from September 5, 2024. The resignation was given after 45 days from the end of the preceding quarter and it is further noted that the M/s. S.N.

Kabra & Company did not issue ----------------Page (6) Break---------------- the fir st three qu ar te rs of a fin anc ial year, the auditor before su ch re si gn at io n, has is su ed t he limited review/ audit rep ort f or the last qu ar te r of su ch fin anc ial y ear as well as the aud it report for su ch fin anc ial year. the L im it ed R ev ie w Report for the following qu ar te r L.e. , 30.09.2024 as per SE BI Cir cul ar CIR / CF D/ CM D1 / 114/2019 dated 18t h Oct obe r, 2019. 2. jOther co nd it io ns r el at in g to resignation of statutory auditor i. Re po rt in g of co nc er ns by Au di to r with re sp ec t to the lis ted entity/its ma te ri al subsidiary to the Audit Co mm it te e: a. In cas e of an y concern wit h the ma na ge me nt of the listed entity/material subsidiary su ch = as non-availability of information/non- co op er at io n by the management wh ic h has ha mp er ed the audit process, the au di to r ha s ap pr oa ch ed the Ch ai rm an of the Audit Committee of the listed entity and the A ud it Committee sha ll receive su ch co nc er n directly and im me di at el y wi th ou t specifically wa it in g for the qu ar te rl y Audit Co mm it te e meetings. b. Incase the auditor pr op os es to res ign ,al l co nc er ns w ith respect to the pr op os ed re si gn at io n, al on g wit h relevant do cu me nt s has be en brought to the not ice of the A ud it Committee.

In ca se s where the pr op os ed re si gn at io n is due to no n- re ce ip t of in fo rm at io n / Not Applicable It is to be not ed tha t M/ s. S.N . Ka br a and Company, Statutory Auditors of the Co mp an y, re si gn ed wit h eff ect fr om Se pt em be r 5, 20 24 because the validity of their pe er review certificate has la ps ed an d as suc h, the renewal is stil l un de r process, an d it ma y take an uncertain ti me fr am e. ----------------Page (7) Break---------------- explanation from the c om pa ny , the auditor has informed the Audit Co mm it te e the det ail s of information/ explanation sought and not provided by themanagement, as applicable.

Not Applicable c. The Audit Co mm it te e / Board of Directors, as the case ma y be, deliberated on the matter on receipt of such information from the auditor relating to the proposal to resign as me nt io ne d above and communicate its views to the management and the a udi tor . ii.

Disclaimer in cas e of non-receipt of information: he auditor has provided an appropriate disclaimer in its aud it rep ort , wh ic h is in ac co rd an ce wi th th e St an da rd s of Auditing as spe cif ied by ICA I / NF RA , in cas e wh er e the lis ted ent ity / its material subsidiary has not provided information asrequired by the auditor.

3. The listed entity / its material subsidiary has obtained information| Resignation of statutory from the Auditor upon resignation, in the format as specified in Yes auditors in the format as AAnnexure- A in SEBI Circular CIR/ CFD/CMD1/114/2019 dated 18th specified in Annexure- A in SEBI October, 2019. Circular CIR/ CFD/CMD1/114/2019 dated 18th October, 2019 of the listed entity. *Observations/ Re ma rk s by PCS are m an da to ry if the C om pl ia nc e status is provided as ‘No ’ or ‘NA ’ ----------------Page (8) Break---------------- Ill.

We he re by report tha t, du ri ng the R ev ie w Per iod t he co mp li an ce status of the l ist ed entity is ap pe nd ed as below: are ac cu ra te and specific which re-directs to the rel eva nt do cu me nt (s )/ se ct io n of the website.

Sr . Particulars Compliance| Ob se rv at io ns / No. a St at us Re ma rk s by (Y es /N o/ NA ) PCS* Se cr et ar ia l St an da rd s: 1. | The co mp li an ce s of the listed entity are in ac co rd an ce with the applicable Sec ret ari al Yes Complied St an da rd s (SS ) issuedby the I nst itu te of Co mp an y Se cr et ar ie s Ind ia (IC SI) . Ad op ti on an d timely updation of the Policies: 2. |e All ap pl ic ab le policies under SE BI Re gu la ti on s are adopted wit h the approval of board Yes Complied of directors of the listed ent iti es. e All the policies are in co nf or mi ty wit h SE BI Re gu la ti on s and ha ve be en re vi ew ed & Yes up da te d on tim e, as per t he re gu la ti on s/ ci rc ul ar s/ gu id el in es is su ed by SE BI . Ma in te na nc e an d disclosures on Website: 3. | e Th e Lis ted entity is ma in ta in in g a functional website Yes Complied e Ti me ly dissemination of the d oc um en ts / in fo rm at io n under a separate sec tio n on the Yes web sit e. e Web-links pr ov id ed in annual co rp or at e go ve rn an ce reports under Re gu la ti on 27(2) Yes ----------------Page (9) Break---------------- Di sq ua li fi ca ti on of Director: None of the 4. | None of the Director(s) of the Company is/ are disqualified un de r Se ct io n 164 of Co mp an ie s Yes Directors are Act, 20 13 as co nf ir me d by the listed entity. di sq ua li fi ed du ri ng the yea r. Details related to Su bs id ia ri es of listed en ti ti es h av eb ee n ex am in ed w.r.t.: 5. (a) Ide nti fic ati on of material su bs id ia ry c om pa ni es Listed Entity (b) Di sc lo su re requirement of ma te ri al as well as oth er su bs id ia ri es . Not do es n ot have Ap pl ic ab le | any s ub si di ar y. Pr es er va ti on of Documents: 6. | The listed ent ity is pr es er vi ng and maintaining records as pr es cr ib ed under SE BI Yes Co mp li ed Re gu la ti on s and di sp os al o f records as per P oli cy of Pr es er va ti on o f Do cu me nt sa nd Ar ch iv al policy pr es cr ib ed under SE BI LO DR Regulations, 2015. Pe rf or ma nc e Evaluation: 7. | Th e lis ted e nti ty has c on du ct ed pe rf or ma nc e evaluation of the Board, In de pe nd en t Dir ect ors | Yes Co mp li ed and the Committees at the start of every financial year/during the financial year as pr es cr ib ed in SE BI Regulations.

8. | Related Pa rt y Tr an sa ct io ns : Co mp li ed (a) The lis ted entity has obtained prior ap pr ov al of Au di t Co mm it te e for all rel ate d par ty Yes tr an sa ct io ns ; or (b) The lis ted ent ity has provided detailed re as on s al on g with co nf ir ma ti on wh et he r the Not tr an sa ct io ns were su bs eq ue nt ly ap pr ov ed /r at if ie d/ re je ct ed by the Audit Co mm it te e, in| Ap pl ic ab le case no pri or ap pr ov al h as been obtained. ----------------Page (10) Break---------------- Disclosure of events or in fo rm at io n: 9. | The lis ted entity has provided all the r eq ui re d disclosure(s) under Re gu la ti on 30 al on g wit h| Yes Co mp li ed Sc he du le III of SE BI LO DR Regulations, 20 15 w ith in the time lim its prescribed thereunder.

Prohibition of Insider Tr ad in g: 10. | The lis ted entity is in co mp li an ce with Re gu la ti on 3(5 ) & 3(6 ) SE BI (Pr ohi bit ion of Insider Yes Co mp li ed Tr ad in g) R eg ul at io ns , 20 15 . ho we ve r, the re were instances of| delayed ent rie s in the d es ig na te d software du e to te ch ni ca l iss ues Ac ti on s taken by SE BI o r St oc k Ex ch an ge (s ), if any : 11.| No act ion (s) has be en taken ag ai ns t the lis ted ent ity / its pr om ot er s / dir ect ors / subsidiaries eit her by SE BI or by St oc k Ex ch an ge s (i nc lu di ng under the St an da rd ih Operating Procedures is su ed by SE BI through various cir cul ars ) under SE BI Re gu la ti on s and cir cul ars / gu id el in es issued thereunder except as pr ov id ed un de r separate paragraph) he re in ( **). 12. | Ad di ti on al N on -c om pl ia nc es , if any: NA Ass um pt io ns & Li mi ta ti on o f scope and Re vi ew : 1. Compliance of the ap pl ic ab le law s an d ensuring the authenticity of documents and information fu rn is he d, are the res pon sib ili tie s of the management of the lis ted entity. ----------------Page (11) Break---------------- 2. Ou r responsibility is to certify ba se d upon our examination of relevant documents and information.

Thi s is neither an audit nor a n ex pr es si on of opinion.

3. We h av e not ver ifi ed the c or re ct ne ss a nd a pp ro pr ia te ne ss o f f ina nci al Re co rd s and Books of Ac co un ts o f t he lis ted entity.

4. Thi s Re po rt i s sol ely f or the intended pu rp os e of compliance in te rm s of Regulation 24A (2) of the SEBI (Listing Ob li ga ti on s and Di sc lo su re Requirements) Regulations, 20 15 an d is neither an assurance as to the f utu re via bil ity of the listed entity nor of the eff ica cy or effectiveness with wh ic h the ma na ge me nt has co nd uc te d the a ffa irs o f the l ist ed ent ity . Fo r S Bhattbhatt & Proprietor A.C.S.: 11975 C.P.: 10427 Peer Re vi ew No: 1660/2022 UD IN : A0 11 9' 75 G0 00 41 28 04 Date: 20.05.2025 Place: Vadodara ----------------Page (12) Break----------------