AFFLUENCE

The revenue of your Company has grown by 20% on consolidated basis. Your Company hasopened 55 new outlets and closed 33 loss making outlets during the year under review.The Company also acquired 13 KFC stores in the state of Kerala from Yum India Private Limited who is the brand owner of ‘KFC’.Your Company has opened stores on Lucknow Airport, Raipur Airport, Srinagar Airport and Trichy Airport for expanding its business and further expanding the KFC and Pizza Hut business by opening new stores. Your Company continued its focus on product innovation, cost optimization, technology upgradation, Consumer connect and loyalty programs. All these efforts have resulted in improvement in revenue of yourCompany.Your Company has invested in its subsidiary in UK (i.e Devyani International UK Private Limited) to start its business under the brand ‘TWG’. Your Company is also expanding its business and planning to open new stores in Nepal, Nigeria and UK.

a) Conservation of energy (i) the steps taken or impact on conservation of energy Replacement of inefficient Motors, Installation of LED’s at several locations (ii) the steps taken by the Company for utilizing alternate sources of energy - (iii) the capital investment on energy conservation equipment’s -

b) Technology absorption (i) the efforts made towards technology absorption - (ii) the benefits derived like product improvement, cost reduction, product development or import substitution - (iii) in case of imported technology (imported during the last three years reckoned from the beginning of the financial year)- N.A. (a) the details of technology imported - (b) the year of import; - (c) whether the technology been fully absorbed - (d) if not fully absorbed, areas where absorption has not taken place, and the reasons thereof - (iv) the expenditure incurred on Research and Development -

c) Foreign exchange earnings and Outgo The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange outgo during the year in terms of actual outflows. Foreign Exchange Earnings and Outgo (Rs. in Millions) PARTICULARS Year Ended March 31, 2019 Year Ended March 31, 2018 Earnings in foreign currency 76.87 97.38 Outgo in foreign currency : Value of Imports ( CIF) Capital Goods 11.91 11.24 Stores, Spares, Raw Material & Trading goods 61.66 65.08 Expenditure in foreign currency Travelling & Others 10.48 0.28 Royalty & Other Fee 49.81 49.10

Pursuant to Section 134(3)(c) read with Section 134(5) of the Act, the Directors state: (i) that in the preparation of the annual accounts for the Financial Year ended March 31, 2019, the applicable accounting standards have been followed along with proper explanation relating to material departures; (ii) that the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of your Company as at March 31, 2019 and of the Loss of the Company for the period ended on that date; (iii) that proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provisions of Act for safeguarding the assets of your Company and for preventing and detecting fraud and other irregularities; (iv) that the annual accounts have been prepared on a going concern basis; (v) that proper internal financial controls laid down by the Directors were followed by the Company and that such internal financial controls are adequate and were operating effectively; and (vi) that proper systems to ensure compliance with the provisions of all applicable laws were in place and that such systems were adequate and operating effectively.