Submission of Audited Financial Statements with Audit report for Financial Year 2023-24.

Security & Beyond 19th August, 2026 The Secretary/Corporate Relationship Dept. The Manager The Bombay Stock Exchange Limited Listing Department PJ. Towers National Stock Exchange oflndia Ltd. Dalal Street, Fort, 'Exchange Plaza', C-1, Block G Mumbai 400001. Bandra Kurla Complex, Bandra (E), Mumbai 400051. Stock Code: 531404 Stock Code: ZICOM Ref. ISIN INE 871B01014 Dear Sir/ Madam, Re.: Submission of Audited Financial Statements with Audit Report for the Financial Year 2023-24. The undersigned refers to its intimation dated August 9, 2022 regarding initiation of Corporate Insolvency Resolution Process ("CIRP") in respect of Zicom Electronic Security Systems Limited ("Corporate Debtor") under the provisions oflnsolvency and Bankruptcy Code, 2016 ("Code"), by an order ofHon'ble National Law Tribunal, Mumbai Bench ("NCLT"), dated July 29, 2022. The undersigned understands that in terms of Regulation 33, the Corporate Debtor is required to submit its audited standalone financial statement as well as consolidated audited financial statements (applicable for subsidiary company). Based on the records and inputs received from the erstwhile RP of the Corporate Debtor, the undersigned understands that the same is not submitted for FY 2023-24. In this regard, the undersigned hereby submits the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, along with the Audit Report thereon, for dissemination to the Stock Exchanges and information of the stakeholders. Thanking you, Yours faithfully, For Zicom Electronic Security Systems Limited (Under Corporate Insolvency Resolution Process) Chirag Rajendrakumar Shah IBBI Registration No.: IBBI/IPA-001/IP-P01169/2018-19/11837 Resolution Professional in the matter of Zicom Electronic Security Systems Limited Zicom Electronic Security Systems Limited (under Corporate Insolvency Resolution Process) . Zicom House, 45 Chimbai Road, Off Hill Road, Bandra (West), Mumbat-400 050 . (Earlier Registered Office: Silver Metropolis, Wes~ern Express Highway, <?oregaon (East), Mumbat-400063). Email: zicom.cirp@gmatl.com I Webstte: www.ztcom.com CIN: L321 09MH1994PLC083391 Zicom Electronic Security Systems Limited (Under CIRP) CIN: L32109MH1994PLC083391 Reg. Off.: Zicom House, 45, Chimbai Road, Off Hill Road, Security & Beyond Bandra (West), Mumbai, 400050 Maharashh·a, India REPORT OF THE RESOLUTION PROFESSIONAL I, Chirag R. Shah, have been appointed as a Resolution Professional (RP) by CoC and same has been confirmed by Hon'ble National Company Law Tribunal, Mumbai Bench ("NCLT") through order dated September 4, 2025 thus, replacing Erstwhile RP. Pursuant to the said order, I have taken over the control and custody of the management and operations of the company with effect from September 4, 2025. As per the requirements of Insolvency and Bankruptcy Code, 2016, (Code) the IRP/RP has to ensure that_the Corporate Debtor remains going concern during CIRP. As the Corporate Debtor is a listed Company and is required to prepare and submit financial results in respect of the entire financial year as per Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulation), the RP ensured preparation and submission of standalone financial results and statement of assets and liabilities in respect of the entire financial year ended 315t March, 2024. The standalone financial results and statement of assets and liabilities in respect ofthe entire financial year ended 31st March, 2024 enclosed herewith have been drawn as per accounting practices followed by the Corporate Debtor and records available with the Corporate Debtor. Pursuant to the order dated 29th July 2022 passed by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, the Corporate Insolvency Resolution Process ("CIRP") against the Company was initiated under the provisions of the Insolvency and Bankruptcy Code, 2016 ("the Code") and Mr. Huzefa Fakhri Sitabkhan, (Registration No. IBBI/IPA-001/IP-P00031/2017-18/10115) was appointed as the IRP and subsequently as RP and the powers of the Board of Directors, Key Managerial Personnel, and erstwhile management stood suspended and vested in the Resolution Professional, in accordance with the provisions of the Code. From 29th July 2022 to 4th September 2025, the affairs, management, and operations of the Company were under the supervision, control, and custody of Mr. Huzefa Fakhri Sitabkhan, Insolvency Professional (Registration No. IBBI/IPA-001/IP-P00031/2017-18/10115), in his capacity as the Interim Resolution Professional and thereafter as the Resolution Professional ("Erstwhile RP"). In accordance with Section 134 of the Companies Act, 2013, Regulation 4(g) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the financial statements of the Company are required to be authenticated by the person who supervised and controlled the affairs of the Corporate Debtor during the relevant period. Notwithstanding the above, the responsibility for authentication of the financial statements, to the extent of the period from 29th July 2022 to 31st March 2025, continues to vest with the Erstwhile RP Mr. Huzefa Fakhri Sitabkhan, being the person who exercised supervision, control, and management of the affairs of the Company during the said period. The signing ofthe financial statements by the current RP is undertaken solely for the purpose of compliance with the requirements of the Companies Act, 2013, the Insolvency and Bankruptcy Code, 2016, and the applicable regulations thereunder, and does not extend to, nor imply, acceptance of responsibility for the preparation, maintenance of accounting records, or management of the affairs of the Company for periods during which such affairs were under the supervision and control of the Erstwhile RP Mr. Huzefa Fakhri Sitabkhan. Further, the detailed discussion was taken place by the CoC Members in 40th CoC Meeting held on 17th November, 2025 and 4Pt CoC Meeting held on 1st December, 2025 in relation to the hindrances and difficulties faced by the current RP due to non-co-operation in the finalisation of the Financial Statement from 2022-23 onwards and non-signing of the Rnandal Sta ements by the Erstwhile RP. Further, RP has discontinued the previous audit firm namely SMPP & Company, Chartered Accountants for continuous delay, non-compliance and non-signing of Au~~~ S e ents for he FY 2023-24 as it is making hindrances in the functioning of the CIRP of the Corpo -F :(i #h~~ Q ~'\ ,&. ..... Address of RP: 208, Ratnaraj Spring, Opp. HDFC Bank House, Beside avnirman Co-op Bank, Navrangpura, Ahmedabad, Gujarat-380006, India. E-mail Id: zicom.cirp@gmail.com, Website: www.zicom.com Zicom Electronic Security Systems Limited (Under CIRP) CIN: L32109MH1994PLC083391 Reg. Off.: Zicom House, 45, Chimbai Road, Off Hill Road, Security & Beyond Bandra (West), Mumbai, 400050 Maharashtra, India Pursuant to the order dated 29th July, 2022, all the powers of the Board of Directors, key managerial persons, and the partner of the corporate debtor, as the case may be, hereafter cease to exist. The Company's Chief Financial Officer and Company Secretary have resigned on 15th March, 2021 and 28th February, 2022 respectively. All these powers henceforth vest with the RP and with effect from 4th September, 2025, RP Chirag Rajendrakumar took over the control and custody of the management and operations of the company and is acting behalf of the Committee of Creditors (CoC) of the Corporate Debtor. In the absence of the Chief Financial Officer, Company Secretary a_nd other officials who were primarily responsible for closure of accounts and financial reporting, the RP has made all practical and reasonable efforts from time to time to gather details to prepare these financial statements, despite various challenges and complex circumstances, has tried to put in best pos [Showing first 8,000 characters — download PDF for full document]