OUR GROUP COMPANIES

Pursuant to a resolutions dated August 3, 2021 and November 22, 2021, our Board has noted that in accordance with the SEBI
ICDR Regulations and for the purpose of disclosure in this Prospectus, group companies of our Company shall include (i) the
companies (other than the Corporate Promoters and Subsidiaries) with which there were related party transactions as disclosed
in the Restated Consolidated Financial Information during any of the last three Fiscals; or (ii) such other companies (other than
the Corporate Promoters and Subsidiaries) with which there were related party transactions for the period (after the period in
respect of which Restated Consolidated Financial Information are included in the Offer Documents) until the date of filing of
the Offer Documents.

Accordingly, in terms of the policy adopted by the Board for identification of group companies, our Board has identified
Hinshitsu Manufacturing Private Limited as the Group Company of our Company.

Details of our Group Company
Hinshitsu Manufacturing Private Limited (“‘“HMPL”)

The registered office of HMPL is situated at H. No. 11-6-56, Survey No. 257 & 258/1 Opp. IDPL Railway Siding Road
(Moosapet), Kukatpally Hyderabad 500 037, Telangana.

The details of the reserves (excluding revaluation reserves), sales, profit/(loss) after tax, basic earnings per share, diluted
earnings per share and net asset value per share derived from the audited financial statements of HMPL for the financial years
ended March 31, 2020, 2019 and 2018 in terms of the SEBI ICDR Regulations are available on the website of our Group
Company at www.customfurnish.com/static/pdf/corp.pdf.

It is clarified that such details available on our Group Company’s website do not form a part of this Prospectus. Anyone placing
reliance on any other source of information, including our Group Company’s website, https://www.customfurnish.com/, would
be doing so at their own risk.

Nature and extent of interest of our Group Company

a. In the promotion of our Company

Our Group Company does not have any interest in the promotion of our Company.

b. In the properties acquired by us in the preceding three years before filing this Prospectus or proposed to be acquired
by our Company

Our Group Company is not interested in the properties acquired by us in the three years preceding the filing of this
Prospectus or proposed to be acquired by us as on the date of this Prospectus.

c. In transactions for acquisition of land, construction of building and supply of machinery

Our Group Company is not interested in any transactions for the acquisition of land, construction of building or supply
of machinery.

Common Pursuits between our Group Companies and our Company

Our Group Company is not in the same line of business as our Company and our Subsidiaries and there are no common pursuits
between our Group Company and our Company and our Subsidiaries.

Related Business Transactions with the Group Company and significance on the financial performance of our Company

Other than the transactions disclosed in the section “Financial Statements” on page 267, there are no other related business
transactions with our Group Company.

Business interest of our Group Company in our Company
Our Group Company manufactures and supplies storage racks, centre racks, counter table and other furniture to our Company.
Litigation

Our Group Company is not party to any pending litigation which will have a material impact on our Company.

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