Compounding Order under Section 441 of the Companies Act, 2013 in the matter of M/s. CETEX PETROCHEMICALS LIMITED

CA No. 478/Sec.441/ RD (SR)/2025-26 BEFORE THE REGIONAL DIRECTOR (SOUTHERN REGION) CHENNAI MINISTRY OF CORPORATE AFFAIRS IN THE MATTER OF THE COMPANIES ACT 2013 AND SECTION 441 OF CA 2013 IN THE MATTER OF M/ s. CETEX PETROCHEMIC ALS LIMITED

1. Sivagnanam Govindasamy Ilanahai, Managing Director
2. Somasundaram Sambandamurthy, CFC)
3. Seetharaman Gowthaman, Whole Time Director
4. Subramanian Venkatraman, Whole Time Director . . . ... Applicants Date of Hearing Present 27.03.2026 & 15.04.2026 Mrs. Jamuna Kumar, Practicing Company Secretary ORDER This is an application filed under Section 441 of the Companies Act, 2013 by the above applicants for compounding of offence committed under Sec. 129(1) r/ w Schedule III of the Companies Act, 2013. SI. No.

Violation Details / Nature of Violation Sec. 129(1) II w Schedule III of the Companies Act, 2013. As per Sec. 129(1) of the CompaM;i;mm give a true and fair view of the state of affairs of the company or companies, comply with the accounting standards notified under section 133 and shall be in the form or forms as may be provided for different class or classes of companies in Schedule III. Pursuant to the inquiry conducted by RoC, Chennai U/s 206 (4) it was observed that, as per financial statement of the company for the financial year 2015 -2016 , an amount received from Phoenix (customer entity) was disclosed as "Unsecured Loan" under Note No.

it was observed that, as per financial statement of the company for the financial year 2015 -2016 , an amount received from Phoenix (customer entity) was disclosed as "Unsecured Loan" under Note No. 5- Long term Borrowings, instead of disclosing the same as “ Advance from customers" and thereby the company failed to present a true and fair view of the financial statement as mandated under Section 129(1) of the companies Act, 2013. As per Sec.129(7) ot the Act, if a company contravenes the provisions of tltis section, the managIng director, the roltole-time director in charge of fInance, the Cl2'ief Financial Officer or amy other person clla'rged by the Board rvitll the duty of co-lwphy-ing roitl't tl'te reqwi'renKnts of tI’tis section and in Ute absence of aIry of tIle officers ynentioned abaIe, all the directors shall be puydslmb Ie rai tIl inI'prisoun w nt for a term loltick may extend to one year or ruin ! fine rohicI'l slutt not be less than fIfty thousand rupees but ’tv}dci t -l'nay extend to fit?e !nk!’t rupees, or loiN t botl I. 2. The Registrar of Companies, Chennai, vide letter dated 04.03.2026 had reported that the company had filed Form GNL-1 vide SRN: AC1566975 dated 03.02.2026 with an Page 1 of 3

s, or loiN t botl I. 2. The Registrar of Companies, Chennai, vide letter dated 04.03.2026 had reported that the company had filed Form GNL-1 vide SRN: AC1566975 dated 03.02.2026 with an Page 1 of 3

application for compounding the offence. ROC has further reported that this is the first offence and that no prosecution is filed for the above said offence and has conveyed no objection for compounding the violation. 3. The applicants, in their application submitted for compounding the said offence, have admitted the offence and stated that the offence corTunitted was not willful or deliberate and prayed to compound the offence. 4. At the hearing held on 27.03.2026 &: 15.04.2026, the Authorized Representative of the Applicant had reiterated the submissions made in the application and stated that the default is purely technical and procedure in nature and same was committed inadvertently and without any malafide intention etc. and pleaded to take a lenient view. 5. After considering the submissions made by the authorized representative of applicants and the report of the Registrar of Companies, Chennai dated 04.03.2026, and the facts of the case that it is a first time offence, the afore said offence was compounded, subject to payment of following compounding fees as fixed during the hearing. Compounding fee payable by applicant (in Rupees) 1,00,000.00 1,00,000.00 1,00,000.00 1,00,000.00 4,00,000.00 Sl.

pounded, subject to payment of following compounding fees as fixed during the hearing. Compounding fee payable by applicant (in Rupees) 1,00,000.00 1,00,000.00 1,00,000.00 1,00,000.00 4,00,000.00 Sl. No. Applicant Sivagnanam Govindasamy Ilanahai, Managing Director Somasundaram Sambandamurthy, CFO Seetharaman Gowtharnan, Whole Time Director Subramanian Venkatraman, Whole Time Director Total 6. That pursuant to the above directions, the applicants have remitted the respective compounding fees and submitted receipts evidencing payment of compounding fees as detailed below: Applicant Sivagnanam Govindasamy Ilanahai, Managing Director Somasundaram Sambandamurthy, CFO S e 1 In Gowthaman, Whole Time Director Subramanian Venkatraman, Whole Time Director Total SRN/Date UU2605284/ dt, 16-04-2026 Amount Paid (Rs.) 1,00,000.00 UU2605402/ dt, 16-04-2026 UU2605486/ dt: 16-04-2026 1,00,000.00 1,00,000.00 UU2605598/ dt: 16-04-2026 1,00,000.00 4,00,000.00 Therefore, the offenqes mentioned above stands compounded as against the above said four applicants and the compounding application is hereby allowed and disposed off. Page 2 of 3

000.00 4,00,000.00 Therefore, the offenqes mentioned above stands compounded as against the above said four applicants and the compounding application is hereby allowed and disposed off. Page 2 of 3

The Company is directed to give intimation to the Registrar of Companies concerned within 7 days from the date on which the offence is so compounded in compliance of Sub-Section (3)(b) of Section 441 of the Companies Act, 2013 and the company shall also file this order as per the provisions of Section 441 (4) read with Section 403 of the Companies Act, 2013 in e£or'm No. 1NC-28 within 30 days from the date of receipt of this order. Dated at Chennai this the 24tl= day of Apd. 2026. \X (M. JXYAKUMAR) REGION'AL DIRECTOR To

1. Mr. Sivagnanam Govindasamy Ilanahai, Managing DirectoI 4/ 6, Anthu Street, Santhome, Mylapore, Chennai – 600004.
2. IV[r. Somasundaram Sambandamurthy, CFO No. 313 & 314, First Floor, 12th Street, S. Kolathur, Chennai – 600017.
3. Mr. Seethararnan Gowthaman, Whole Time Director No.10, L Block 26th Street, Anna Nagar East,Chennai - 600102.
4. Mr. Subramanian Venkatraman, Whole Time Director 601 Sixth Floor, Horizon Apt Happy Home Society, Nehru Road, Ville Parle East,Mumbai - 400057.
5. The Registrar of Companies, Chennai. Page 3 of 3