Annual Report for the FY 2025-26

To, Date: 29.08.2026 BSE Limited Listing & Compliance Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, 400001, Maharashtra, India Company Symbol : PANHR Company Scrip Code : 544698 Company ISIN : INE1N9E01015 Subject: Annual Report for the Financial Year 2025-26 along with Notice of AGM pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the Financial Year ended March 31, 2026, along with the Notice convening the 11th Annual General Meeting of the Company scheduled to be held on Friday, September 25, 2026 at 12:30 P.M. (IST) through Video Conferencing/Other Audio-Visual Means (“VC/OAVM”). The aforesaid documents are also available on the website of the Company at www.panhr.in . This is for your information and records. Thanking you, Yours Faithfully, For PAN HR SOLUTION LIMITED (Formerly Known as PAN HR Solution Private Limited) Rajeev Kumar Chairman and Managing Director DIN: 07368623 Place: Noida Board’s Report Financial Statement Notice ANNUAL REPORT 2025-26 1 Content Corporate Overview 1. Corporate Information 1 2. Introduction to the Strategic Theme 2 3. Report Overview 3 4. PAN HR Solution Limited at a Glance 4 5. Our Journey of Growth 5 6. A Milestone Year 6 7. Business Model 7 8. Message from Chairman 8 9. Growth Strategy 9 10. Our Board of Directors 10 Statutory Reports 11. Directors’ Report along with Annexures 12 12. Management Discussion and Analysis 46 Financial Statements 13. Independent Auditor’s Report on Standalone Financial Statement 52 14. Standalone Financial Statement 60 15. Notice of Annual General Meeting 80 Corporate Information PAN HR SOLUTION LIMITED (Formerly known as PAN HR Solution Private Limited) CIN: L74120UP2015PLC075271 PARTICULARS DETAILS REGISTERED OFFICE A-42/03, Second Floor, Sector-62, Gautam Buddha Nagar, Noida, Uttar Pradesh – 201301 WEBSITE www.panhr.in BOARD OF DIRECTORS Chairman & Managing Director Mr. Rajeev Kumar DIN: 07368623 Whole-Time Director Mrs. Rajni Kumari DIN: 07368630 Non-Executive Director Mr. Vivek Kumar Mishra DIN: 11060611 Independent Director Mr. Umesh Kumar Purbey DIN: 08276386 Additional Non-Executive Independent Mrs. Sheetal Sharma Director DIN: 11734809 AUDIT COMMITTEE Chairman Mr. Umesh Kumar Purbey – Independent Director Member Mr. Rajeev Kumar – Managing Director Member Mrs. Sheetal Sharma – Additional Non-Executive Independent Director NOMINATION & REMUNERATION COMMITTEE Chairman Mr. Umesh Kumar Purbey – Independent Director Member Mrs. Sheetal Sharma – Additional Non-Executive Independent Director Member Mr. Vivek Kumar Mishra – Non-Executive Director STAKEHOLDERS’ RELATIONSHIP COMMITTEE Chairman Mr. Vivek Kumar Mishra – Non-Executive Director Member Mr. Rajeev Kumar – Managing Director Member Mrs. Sheetal Sharma – Additional Non-Executive Independent Director KEY MANAGERIAL PERSONNEL Managing Director Mr. Rajeev Kumar Whole-Time Director Mrs. Rajni Kumari Chief Financial Officer Mr. Pushkar Singh Negi Company Secretary & Compliance Officer Ms. Sneha Bahuguna STATUTORY AUDITOR M/s. Vinay I Aggarwal & Associates Chartered Accountants Firm Registration No.: 019631N SECRETARIAL AUDITOR M/s. Divya Rani & Associate Practicing Company Secretaries ACS No.: A64841 C.P. No.: 26426 INTERNAL AUDITOR M/s. R.K. Karan & Associates Practicing Chartered Accountants COP No.: 28697 REGISTRAR & SHARE TRANSFER AGENT Maashitla Securities Private Limited 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi-110034, India PAN HR Solution Limited INTRODUCTION TO THE STRATEGIC THEME CONNECTING TALENT CREATING OPPORTUNITY SCALING POSSIBILITIES CREATING VALUE BEYOND GROWTH FY 2025–26 marked a defining chapter in the journey of PAN HR Solution Limited — a year shaped by purposeful execution, business expansion and an important milestone with the Company’s transition into the public markets through its IPO. As businesses adapted to evolving workforce expectations and changing market dynamics, the Company strengthened its position as a trusted human resource and workforce solutions partner through agility, execution excellence and cli- ent-centric delivery. Driven by the belief that people remain the foundation of sustainable growth, we continued to expand our capabilities across talent acquisition, staffing solutions and workforce management. Our focus remained on creating scalable solutions, strengthening client relationships and delivering measurable business outcomes. Throughout the year, we advanced our growth agenda by broadening market reach, enhancing operational efficiency and improving service responsiveness. Strategic investments in systems, processes and execution capabilities enabled us to strengthen service quality while building a platform designed for long-term value creation. The successful IPO during February 2026 represented an important milestone in our growth journey and reinforced our commitment towards stronger gover- nance, transparency and sustainable business practices. This transition marks not merely a change in capital structure, but an acceleration of our ambition to scale with discipline and create enduring stakeholder value. Looking ahead, PAN HR Solution Limited remains focused on expanding opportu- nities, deepening market presence and building a future-ready organization ca- pable of creating meaningful impact in the evolving world of work. Connecting Talent. Accelerating Growth. Creating Lasting Value. 22 ANNUAL REPORT 2025-26 REPORT OVERVIEW Board’s Report Financial Statement Notice Basis of Reporting This Annual Report of PAN HR Solution Limited presents a comprehensive overview of the Company’s business performance, strategic priorities, governance practices and financial outcomes for FY 2025–26. The Report has been developed to provide stakeholders with meaningful and transparent insights into the Company’s operating environment, business developments, financial performance and approach towards sustainable value creation. It outlines the Company’s continued focus on strengthening service capabilities, enhancing operational effectiveness, fostering stakeholder relationships and delivering long-term growth. Through this Report, PAN HR Solution Limited seeks to communicate its commitment towards responsible business conduct, sound governance standards, transparency and sustainable business practices that support enduring stakeholder confidence. Boundary and Scope of Reporting This Annual Report covers financial and non-financial information relating to the operations and activities of PAN HR Solution Limited for the financial year ended March 31, 2026. The reporting period covered under this Report extends from April 1, 2025 to March 31, 2026. Unless otherwise specified, disclosures presented in this Report relate to the operations of the Company during the reporting period. Stakeholder Universe Reporting Principles Employees This Annual Report has been prepared in accordance with the applicable provisions of the Companies Act, 2013, the rules framed Clients and Business Partners thereunder, applicable Secretarial Standards issued by the Institute of Company Secretaries of India and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Candidates and Workforce Associates Regulations, 2015, as applicable to SME listed entities. The Report includes disclosures designed to enable stakeholders to Shareholders and Investors understand the Company’s performance, governance framework, strategic direction and financial position. Vendors and Service Providers Regulatory Authorities Communities and Society ANNUAL REPORT 2025-26 33 PAN HR Solution Limited PAN HR SOLUTION LIMITED AT A GLANCE Creating Value Through Human Potential. PAN HR Solution Limited is engaged [Showing first 8,000 characters — download PDF for full document]