To,

The Members,

TRILIANCE POLYMERS LIMITED

(FORMERLY KNOWN AS LEENA CONSULTANCY LIMITED)

Mumbai.

The Directors are pleased to present the Forty-Second Annual Report of your Company together with the Audited Financial Statements and the Auditors' Report for the financial year ended 31^st March, 2025.

The Company has not transferred any amounts to Reserves for the financial year 2024-25

In order to conserve resources, the Directors do not recommend any dividend for the year ended March 31, 2025.

The Company has not accepted any deposits from public covered under section 73 of the Companies Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014 during the year under review.

During the year, there were no amounts to be transferred to Investor Education and Protection Fund.

Your Company has neither any Subsidiary nor Joint Venture nor Associate Company. During the year under review, none of the Companies have become or ceased to be Company's Subsidiaries, Joint Ventures or Associate Companies.

The paid-up Equity Share Capital as on 31^st March, 2025 was 5,11,00,000. The Company has not issued shares with differential voting rights. It has neither issued employee stock options nor sweat equity shares and does not have any scheme to fund its employees to purchase the shares of the Company.

There has been change in the constitution of Board during the year under review i.e. the structure of the Board remains the same.

The tenure of Mr. Sunil Satyanarayan Sharma (DIN: 01568825) as Independent Directors was completed on 01st August, 2024 and Mr. Kiran Navinchandra Shukla (DIN: 01568997) as an Independent Director of the Company completed on 23rd August, 2024.

The Board appointed Mr. Abhishek Shashikant Agrawal (DIN: 03052720) and Mr. Ketan Vyas (DIN: 09053821) as Non-Executive Independent Director of the Company for a period of one year with effect from 30^th August, 2024 to 29^th August, 2025,.

Ms. Preeti was appointed as Company Secretary and Compliance Officer of the Company w.e.f 29^th April, 2024

Post Completion of financial year, Mr. Abhishek Shashikant Agrawal (DIN: 03052720) and Mr. Ketan Vyas (DIN: 09053821) retired as Non-Executive Independent Director of the Company w.e.f 29^th August, 2025 due to completion of their tenure.

The Company has received declarations from all the Independent Directors under Section 149(6) of the Companies Act, 2013 confirming their independence vis-a-vis the Company.

In accordance with the provisions of Section 152 of the Companies Act, 2013, Mrs. Manisha Shah is liable to retire at every Annual General Meeting and being eligible, offers herself for re-appointment.

Brief profile of the proposed appointee together with other disclosures in terms of Regulation 36 (3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is mentioned in the Notice which is part of this Annual Report.

In accordance with the provisions of the Companies Act, 2013 and SEBI LODR and the Policy framed by the Board for Performance Evaluation, the Board has carried out the annual performance evaluation of its own performance the Directors individually as well as the evaluation of the working of its Committees. The performance evaluation of the Chairman and the Non-independent Directors was carried out by the Independent Directors.

A structured questionnaire was prepared covering various aspects such as attendance at the meetings, participation and contribution, team work, discussions at the Board/Committee Meetings, understanding of the business of the Company, strategy and quality of decision making, etc. The Directors expressed their satisfaction with the evaluation process.

The Board of Directors of the Company met Six (6) times during the financial year 2024-25 2024-25 viz. on 30^th May, 2024, 28^th June, 2024 , 20^th July ,2024 , 30^th August, 2024, 13^th November 2024 and 11^th February, 2025

The Company has several Committees which have been constituted in compliance with the requirements of the relevant provisions of applicable laws and statutes.

The Company has the following Committees of the Board comprising of Directors of the Company:

The Audit Committee was constituted pursuant to the provisions of Section 177 of the Companies Act, 2013. The composition of the Audit Committee is in conformity with the provisions of the said section. The Composition of Audit Committee has not been changed in this financial year. The Audit Committee comprises of:

The Audit Committee met five times during the year viz 30^th May, 2024, 28^th June, 2024,20^th July ,2024,13^th November 2024 and 11^th February, 2025

The Nomination & Remuneration Committee was constituted pursuant to the provisions of Section 178 of the Companies Act, 2013. The composition of the Nomination & Remuneration Committee is in conformity with the provisions of the said section. The Composition of the Committee has not been changed this financial year The Nomination & Remuneration Committee comprises of:

The Nomination & Remuneration Committee met twice during the year i.e 29^th April, 2025 and 11^th February, 2025

The Stakeholders Relationship Committee of the Company comprises of three directors. The Composition of the Committee has not been changed this financial year

The Stakeholders Relationship Committee met once during the year viz. 11^th February, 2025

During the financial year 2024-25, no complaints were received from shareholders. There were no complaints pending in the beginning of the financial year and none were pending at the close of the financial year 31^st March, 2025.

Independent Directors comprises of Mr. Abhishek Shashikant Agrawal (Chairman of Committee) and Mr. Ketan Vyas (Member). During the year under review, the Independent Directors met on 11^th February, 2025 inter alia,

1) To do evaluation of the performance of Non-Independent Directors and the Board of Directors as a whole.

2) To do evaluation of the quality, quantity and timeliness of flow of information between the Management and the Board that is necessary for the Board to effectively and reasonably perform their duties.

Your Company is committed to highest standards of ethical, moral and legal business conduct. Accordingly, the Board of Directors has formulated a Whistle Blower Policy to report genuine concerns or grievances. Protected disclosures can be made by a whistle blower through an e-mail, or telephone line or a letter to the Chairman of the Audit Committee or the Company Secretary of the Company or any member of the Audit committee. The Policy on vigil mechanism /whistle blower policy may be accessed on the Company's website.

In accordance with Regulation 9 of SEBI (LODR) Regulations, 2015 the Company has framed a Policy on preservation of documents approved by the Board of Directors of the Company. The Policy is intended to define preservation of documents and to provide guidance to the Executives and employees working in the Company to make decisions that may have an impact on the operations of the Company. It not only covers the various aspects on preservation of the documents, but also the safe disposal/destruction of the documents.

In compliance with the SEBI Regulations on prohibition of insider trading, the Company has adopted the Code of Conduct for Prevention of Insider Trading in securities of the Company, to regulate, monitor and report trading by insiders, designated Persons and such other persons to whom this Code is applicable.

The Company offers equal employment opportunity and is committed to creating a healthy working environment that enables employees to work without fear of prejudice, gender bias and sexual harassment. The Company has also framed a policy on Prevention of Sexual Harassment of Women at workplace. As per the requirement of the Sexual harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013 and Rules made thereunder, the Company has constituted a Complaints Committee to inquire into complaints of sexual harassment and recommend appropriate action.

During the financial year 2024-25, no complaints were received.

The Company affirms that it has duly complied with all provisions of the Maternity Benefit Act, 1961, and has extended all statutory benefits to eligible women employees during the year

The details of Loans given, Investments made and guarantees given and securities provided under the Section 186 of the Companies Act, 2013, are as provided in the notes to the Financial Statements.

All contracts / arrangements / transactions entered by the Company during the financial year with related parties were in the ordinary course of business and on an arm's length basis. During the year, the Company had not entered into any contract / arrangement / transaction with related parties which could be considered material in accordance with the policy of the Company on materiality of related party transactions. Accordingly, the disclosure of Related Party Transactions as required under Section 134(3) of the Companies Act in Form AOC-2 is not applicable. Attention of the members is drawn to the disclosures of transactions with the related parties is set out in Notes to Accounts forming part of the financial statement for the year 2024-25

In terms of Section 134(5) of the Companies Act, 2013, in relation to the audited financial statements of the Company for the year ended 31^st March, 2025, the Board of Directors hereby confirms that:

a. in the preparation of the annual accounts, the applicable accounting standards have been followed and there are no material departures;

b. such accounting policies have been selected and applied consistently and the Directors 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 as at 31^st March, 2025 and of the profit and loss of the Company for the year;

c. proper and sufficient care was taken 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 of the Company have been prepared on a going concern basis;

e. internal financial controls have been laid down to be followed by the Company and that such internal financial controls are adequate and were operating effectively; and

f. proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively;

a. As the Company does not have any manufacturing activities, particulars required to be disclosed with respect to the conservation of energy and technology absorption in terms of Section 134 of The Companies Act, 2013 read with the Companies (Accounts) Rules, 2014 are not applicable and hence not given.

b. During the year under review, the foreign exchange outgo / provision is Nil and the foreign exchange inflow is Nil (previous year Nil).

There were no material changes and commitments affecting the financial position of the company has occurred between the end of the financial year of the company to which this financial statement relates and the date of this report.

No significant changes had been made in the nature of the business of the company during the financial year.

The Management Discussion and Analysis Report for the year under review as stipulated under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is presented in a separate section forming part of this report.

The extract of the Annual Return in Form MGT-9 in accordance with Section 92(3) of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, is placed on the website of the Company - www.triliancepolymerslimited.com and also forming part of this report as Annexure 1

. INTERNAL FINANCIAL CONTROL SYSTEMS:

The Company has established set of standards, processes and structure which enables it to implement adequate internal financial controls and that the same are operating effectively. The internal financial controls of the Company are commensurate with its size and the nature of its operations. The Company has well defined delegation of authority limits for approving revenue as well as expenditures.

Based on the framework of internal financial controls and compliance systems established and maintained by the Company, the work done by the Internal, Statutory and Secretarial Auditors and the reviews of the Management and the relevant Board Committees, including the Audit Committee, the Board is of the opinion that the Company's internal financial controls were adequate and effective during the financial year 2024-25

Pursuant to provisions of section 139 of the Act, the members at the annual general meeting of the Company held on 26^th September, 2024 appointed M/s Motilal & Associates LLP, Chartered Accountants (Firm Registration No. 106584W/W100751) as statutory auditors of the Company from the conclusion of from the conclusion of this 41^st AGM till the conclusion of the AGM of the Company to be held in the year 2029, covering one term of five consecutive years.

The statutory audit report for the year 2024-25 does not contain any qualification, reservation or adverse remark or disclaimer made by statutory auditor.

During the year under review, neither the Statutory Auditors nor the Secretarial Auditor has reported to the Audit Committee, under Section 143 (12) of the Companies Act, 2013, any instances of fraud committed against the Company by its officers or employees, the details of which needs to be mentioned in the Board's Report.

The Company had appointed CS Hansa Gaggar, Practicing Company Secretary, Mumbai, to undertake the Secretarial Audit of the Company, pursuant to the provisions of Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The Secretarial Audit report is attached as Annexure-2 .The following are the qualifications given in the report with its explanation given by the Board:

a. During the period under review, the number of directors on the Board of the Company fell below the minimum number as prescribed under Section 149(1) of the Companies Act, 2013. As per the provisions, every public company shall have a minimum of three directors and every private company shall have a minimum of two directors. However, the Board strength of the Company was below the statutory minimum for a period of 6 (Six) days during the financial year under review. The Company subsequently appointed the required number of directors and restored compliance with the said provision.

a. The temporary shortfall in the minimum number of directors on the Board was due to the simultaneous retirement of both Independent Directors upon completion of their respective tenures as per the provisions of the Companies Act, 2013. The Company took immediate steps to identify and appoint suitable replacements, and the Board was reconstituted within 5 (five) days to comply with the statutory requirements under Section 149(1). The Company remains committed to full compliance with all applicable laws and has put in place necessary measures to avoid such occurrences in the future.

The Internal Auditor of the Company - M/s CVM & Co. LLP (FRN: 156346W) Chartered Accountants have conducted the internal audit of the Company for the F.Y. 2024-25. The reports and findings of the Internal Auditor are periodically reviewed by the Audit Committee

The Company's shares are listed on BSE Limited and the Company's Registrar and Share Transfer Agents have connectivity with National Securities Depository Ltd. The ISIN of the Company is INE778N01016. As on March 31, 2025, 50,95,800 equity shares representing 99.72% of the total shares have been dematerialized.

The Company has changed its website namely from www.leenaconsultancy.co.in.to www.triliancepolymerslimited.com.The website provides detailed information about the Quarterly Results, Annual Reports and Shareholding patterns and various policies adopted by the Company are placed on the website of the Company and the same are updated periodically.

The Company has designated triliancepolymerslimited@gmail.com as email id for the purpose of registering complaints by investors and displayed the same on the website of the Company.

During the year under review, neither the Statutory Auditors nor the Secretarial Auditor has reported to the Audit Committee, under Section 143 (12) of the Companies Act, 2013, any instances of fraud committed against the Company by its officers or employees, the details of which needs to be mentioned in the Board's Report.

There have been no significant and material orders passed by the regulators, courts and tribunals impacting the going concern status and the Company's operations in future;

There is no proceeding pending under the Insolvency and Bankruptcy Code, 2016.

There was no instance of one-time settlement with any Bank or Financial Institution

Your Company does not fall in the criteria mentioned under Section 135 of the Companies Act, 2013, for applicability of the provisions of Corporate Social Responsibility. Hence, your Company is not required to constitute CSR Committee and comply with other provisions of Section 135 of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014.

The provisions of Regulation 21 of SEBI (LODR) Regulations, 2015 are not applicable to the Company. Hence this Committee has not been formed.

As per SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the paid-up equity share capital of your Company is less than Rs. 10 crores and Net worth is less than Rs. 25 crores, hence as per Regulation 15(2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Compliance with the provisions of Regulation 27 i.e Corporate Governance is not applicable to your Company.

The Directors state that applicable Secretarial Standards, i.e. SS-1 and SS-2, relating to ‘Meetings of the Board of Directors' and ‘General Meetings', respectively, have been duly followed by the Company.

Your Directors state that no disclosure or reporting is required in respect of the following items as there were no transactions on these items during the year under review:

1. Details relating to deposits covered under Chapter V of the Act.

2. Disclosures with respect to the remuneration of Directors and employees as required under Section 197 of the Companies Act and Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is not applicable to the Company in this Financial Year. There were no such employees of the Company for which the information required to be disclosed pursuant to Section 197 of the Companies Act read with Rule 5(2) & (3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules.

Your Director's wish to convey their gratitude and place on record their sincere appreciation of the assistance and co-operation that the Company has been receiving from its employees as well as from the Banks. Your Directors would also like to thank the customers, suppliers and shareholders for their continued support and co-operation.