Annual Report of the Company for the Financial Year 2025-26 along with Notice convening the 17th Annual General Meeting.

September 03, 2026 BSE Limited Lis(cid:415)ng Department, 1st Floor, P J Towers, Dalal Street, Fort, Mumbai - 400 001. Scrip Code: 544056, Symbol: SMARITIME Subject: Submission of Annual Report for the Financial year 2025-26 Reference: Regula(cid:415)on 34(1) of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015. Dear Sir / Madam, Pursuant to Regula(cid:415)on 34 of the SEBI (LODR) Regula(cid:415)on, 2015, we submit herewith the Annual Report of the Company for the Financial Year 2025-26 along with No(cid:415)ce convening the 17th Annual General Mee(cid:415)ng. The Annual Report for the Financial Year 2025-26 is also available on the website of the Company at www.saharamari(cid:415)me.com. Request you to kindly take the above on record. Thanking you, Yours faithfully, For Sahara Mari(cid:415)me Limited Ramdulari Saini Company Secretary and Compliance Officer Membership Number: A44908 Encl: As above SAHARA MARITIME LIMITED Annual Report Financial Year 2025-26 CONTENT SR. NO. PARTICULARS PAGE 1. Corporate Informa(cid:415)on 3 2. Chairman’s Message 4 3. No(cid:415)ce of Annual General Mee(cid:415)ng 5-14 4. Proxy Form 15-16 5. A(cid:425)endance Slip 17 6. Ballot Form 18-19 7. Route Map to the Venue 20 8. Board of Directors’ Report 21-33 Annexure to the Board of Director’s Report 9. Annexure A: Related Party Transac(cid:415)on (Form AOC – 2) 34 10. Annexure B: Conserva(cid:415)on Of Energy, Technology Absorp(cid:415)on, Foreign 35 Exchange Earnings and Outgo 11. Annexure C: Secretarial Audit Report 36-41 12. Annexure D: Details of Remunera(cid:415)on 42 13. Annexure E: Management Discussion and Analysis Report 43-46 14. Annexure F: MD and CFO Cer(cid:415)fica(cid:415)on 47 Financials: 15. Independent Auditor Report 48-58 Annexure to the Independent Audit Report 16. Balance Sheet as on 31st March, 2026 59 17. Profit & Loss for the year ended 31st March, 2026 60 18. Cash Flow Statement for the year ended 31st March, 2026 61 19. Notes to the Financial Statements 62-71 CORPORATE INFORMATION BOARD OF DIRECTORS: Mr. Sohrab Rustom Sayed Chairman & Managing Director Mr. Nadeem Aboobakar Hira Execu(cid:415)ve & Non-Independent Director Mr. Khalid Sohrab Sayed Execu(cid:415)ve & Non-Independent Director (Change of designa(cid:415)on from Non- Execu(cid:415)ve Director to Execu(cid:415)ve Director w.e.f. April 1, 2026) Ms. Mansi Dave Independent Director Mr. Yash Bharat Mandlesha Independent Director CHIEF FINANCIAL OFFICER: Mr. Harish Laxmana Poojary COMPANY SECRETARY & COMPLIANCE OFFICER: Mr. Stallone Marshal Gonsalves (Resigned w.e.f. October 11, 2025) Ms. Ramdulari Saini (Appointed w.e.f. July 1, 2026) SHARES OF THE COMPANY LISTED ON: Bombay Stock Exchange (SME Pla(cid:414)orm) Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001, Maharashtra, India. ISIN: INE0PSJ01011 STATUTORY AUDITOR: A.Y. & Company, Chartered Accountants, Jaipur (Resigned w.e.f. May 29, 2026) K. K. Jhunjhunwala & Co., Chartered Accountants, Mumbai (Appointed w.e.f. July 1, 2026) SECRETARIAL AUDITOR: K Pra(cid:415)k & Associates, Prac(cid:415)sing Company Secretary, Mumbai INTERNAL AUDITOR: Vinod Kumar S. Virpuriya & Co., Chartered Accountants, Mumbai PRINCIPAL BANKER: ICICI Bank Bombay Mercan(cid:415)le Co-opera(cid:415)ve Bank Union Bank of India DCB bank REGISTERED OFFICE: 105, 106 & 108, Plaza Shopping Centre, 1st Floor, Plot No. 142, Sheriff Devji Street, Chakala Market, Mandvi, Mumbai, Maharashtra, India, 400003 Tel No: +022 2347 9362 Email: info@saharamari(cid:415)me.com / Website: www.saharamari(cid:415)me.com REGISTRAR AND SHARE TRANSFER AGENT: Bigshare Services Private Limited Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri East, Mumbai, 400 093 Tel: +91 22 6263 8200 Email: investor@bigshareonline.com CORPORATE IDENTITY NUMBER: U61200MH2009PLC190786 CHAIRMAN'S MESSAGE Dear Stakeholders, It is with great pleasure that I present to you the Annual Report of Sahara Mari(cid:415)me Limited for the financial year ended March 31, 2025 (“F.Y. 2025-26”). On behalf of the Board of Directors, I extend my sincere gra(cid:415)tude to all of you for your con(cid:415)nued trust, unwavering support, and confidence in our vision and strategy. It gives me immense pride to connect with you this year on the occasion of our 16th Annual General Mee(cid:415)ng. The past year has been one of resilience and steady progress, despite an environment of evolving global trade dynamics and market vola(cid:415)lity. We remained focused on strengthening our core freight forwarding business, improving opera(cid:415)onal efficiency, and enhancing customer service. During the year under review, your Company navigated challenges with determina(cid:415)on and maintained a steady performance. Despite cost pressures and compe(cid:415)(cid:415)ve market condi(cid:415)ons, we con(cid:415)nued to uphold profitability, strengthen our client rela(cid:415)onships, and posi(cid:415)on ourselves for future growth opportuni(cid:415)es. We have con(cid:415)nued to invest in building capabili(cid:415)es and streamlining processes to improve shipment tracking, documenta(cid:415)on, and customer communica(cid:415)on. These steps are helping us remain compe(cid:415)(cid:415)ve and responsive to the needs of our valued clients in a fast-changing logis(cid:415)cs landscape. We are commi(cid:425)ed to crea(cid:415)ng long-term value by building on our strengths, maintaining transparency in our prac(cid:415)ces, and fostering a culture of performance and accountability. Our journey is shaped by the dedica(cid:415)on of our employees, the trust of our shareholders, the support of our bankers, and the confidence of all our stakeholders. I extend my hear(cid:414)elt apprecia(cid:415)on to our team for their hard work and commitment during the year. I also thank our stakeholders for their con(cid:415)nued faith in the Company. Together, we will con(cid:415)nue to work towards sustainable growth and a stronger future for Sahara Mari(cid:415)me Limited. With Warm Regards, SAHARA MARITIME LIMITED Sd/- Sohrab Rustom Sayed Chairman & Managing Director SAHARA MARITIME LIMITED Registered Office: 105, 106 & 108, Plaza Shopping Centre, 1st Floor, Plot No. 142, Sheriff Devji Street, Chakala Market, Mandvi, Mumbai, Maharashtra, 400 003 Tel: +91-22-2347 9362 E-mail: info@saharamari(cid:415)me.com Website: www.saharamari(cid:415)me.com NOTICE OF 17TH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 17TH ANNUAL GENERAL MEETING OF THE MEMBERS OF SAHARA MARITIME LIMITED WILL BE HELD ON SATURDAY, SEPTEMBER 26, 2026 AT 105, 106 & 108, PLAZA SHOPPING CENTRE, 1ST FLOOR, PLOT NO. 142, SHERIFF DEVJI STREET, CHAKALA MARKET, MANDVI, MUMBAI 400003 AT 02:00 P.M. TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1) To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board of Directors and auditors thereon. To consider, and if thought fit, to pass with or without modifica(cid:415)ons the following resolu(cid:415)on as an Ordinary Resolu(cid:415)on: “RESOLVED THAT the Audited Financial Statements of the Company for the financial year ended as on March 31, 2026 and the reports of the Board of Directors and Auditors thereon, be and are hereby considered, approved and adopted.” 2) To appoint a director in place of Mr. Nadeem Aboobakar Hira (DIN: 01332337), who re(cid:415)res by rota(cid:415)on and being eligible, offers himself for re-appointment. To consider, and if thought fit, to pass with or without modifica(cid:415)ons the following resolu(cid:415)on as an Ordinary Resolu(cid:415)on: “RESOLVED THAT Mr. Nadeem Aboobakar Hira (DIN: 01332337) who re(cid:415)res by rota(cid:415)on and being eligible, offers himself for re-appointment, be and is hereby re-appointed as director of the Company.” 3) To re-appoint M/s K. K. Jhunjhunwala & Co., Chartered A [Showing first 8,000 characters — download PDF for full document]