AITMC Ventures Ltd.

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Financial Summary

Consolidated(in ₹ million)

Particulars	FY 2024-25	FY 2023-24
	8,747	4,187.33
	131.51	487.35
	8,878.51	4,674.68
	5,915.09	2,968.59
	2,134.35	1,293.03
	1,401.9	884

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About the Company

Our Company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of“AITMC Ventures Private Limited” bearing Corporate Identification Number U74999HR2016PLC066758 dated 21 December,2016 issued by the Registrar of Companies, Delhi & Haryana. Subsequently, the objects of our Company were changed pursuant toa shareholders’ resolution passed at an Extra-Ordinary General Meeting held on June 26, 2023, vide Corporate IdentificationNumber U01611HR2016PTC066758. Further, our Company was converted into public limited company pursuant to a shareholders’resolution passed at an Extra-Ordinary General Meeting held on July 20, 2023, and the name of our Company was changed to“AITMC Ventures Limited” and a fresh Certificate of Incorporation dated August 18, 2023 was issued by Registrar of Companies,Delhi & Haryana. As on date of this Draft Red Herring Prospectus, the Corporate Identification Number of our Company isU01611HR2016PLC066758.Our Company is a “Category A” Training Partner recognized by the National Skill Development Corporation (NSDC) and serves awide range of government departments & agencies including other training providers. We primarily operate in the northern part ofIndia with our registered address being 84-85, Chakkarpur, Gurugram Haryana, 122002, India.

Use of Proceeds

1. Funding capital expenditure for upgradation of Global Incubation and Skill Hubs (“GISH”) in select fifty(50) AICTE-approved colleges (“Upgradation of GISH”).2. Funding capital expenditure for upgradation of infrastructure facilities at seventeen (17) IndustrialTraining Institutes (ITIs) and three (3) Polytechnic Colleges in the State of Uttar Pradesh, India, underthe World Incubation and Skill Hubs (“WISH”) (“Upgradation of WISH”).3. Funding capital expenditure towards setting up of Research and Development (“R&D”) Laboratories at IIT Ropar and upgradation of R&D Laboratories at IIT Kanpur and Company’s Gurugram Facility.4. Funding capital expenditure towards establishment of Future Tech Park at Sisai, Haryana (“Future Tech Park”);5. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company; and6. General Corporate Purposes