Landmark Property Development Company Ltd Auditor Reports

To the Members of

Landmark Property Development Company Limited Report on the Audit of Financial Statements Opinion

We have audited the accompanying financial statements of Landmark Property Development Company Limited ("the Company"), which comprise the balance sheet as at 31st March, 2023, the statement of profit and loss, the statement of changes in equity, the statement of cash flows for the year then ended and notes to the financial statements, including a summary of the significant accounting policies and other explanatory information (hereinafter referred to as the "Financial Statement").

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the information required by the Companies Act, 2013 ("the Act") in the manner so required and give a true and fair view in conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, ("Ind AS") and accounting principles generally accepted in India, of the state of affairs of the Company as at 31st March, 2023, its loss, total comprehensive income, its cash flows and the changes in equity and its cash flows for the year ended on that date.

Basis for Opinion

We conducted our audit of the financial statements in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the Auditors Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of

Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial statements.

Key Audit Matters

Key Audit Matters are those matters that, in our professional judgement, were of significance in our audit of the financial Statements of the current period. We have determined that there are no key audit matter to communicate in our report.

Information Other than the Financial Statements and Auditors Report Thereon

The Companys Board of Directors is responsible for the preparation of the other information. The other information comprises the information included in the Management Discussion and Analysis, Boards Report including Annexures to Boards Report, Corporate Governance and

Shareholders Information, but does not include the financial statements and our auditors report thereon. The other information in annual report is expected to be made available to us after the date of this auditors report.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated. If, based on the work we have performed on the other information that we obtain prior to the date of this auditors report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Responsibilities of Management and Those Charged with Governance for the Financial Statements

The Companys Board of Directors is responsible for the matters stated in Section 134(5) of the Act with respect to the preparation of these financial statements that give a true and fair view of the financial position, financial performance, changes in equity and cash flows of the Company in accordance with the Ind AS and accounting principles generally accepted in India. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Board of Directors is responsible for assessing the Companys ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Those Board of Directors are also responsible for overseeing the Companys financial reporting process.

Auditors Responsibility for the Audit of Financial Statements

Our objective is to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls system in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

• Conclude on the appropriateness of managements use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Companys ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors report. However, future events or conditions may cause the Company to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditors report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Other Matters

The comparative financial information of the Company for the year ended 31st March 2022 included in these financial statements are based on the previously issued financial statements audited by the predecessor auditors (i.e. M/s SCV & Co. LLP) whose report dated 30th May 2022 expressed an unmodified opinion on those audited financial statements for the year ended 31st March 2022.

Our opinion on the financial statements is not modified in respect of this matter.

Report on Other Legal and Regulatory Requirements

1. As required by Section 143 (3) of the Act, we report that:

(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit of the aforesaid financial statement.

(b) In our opinion, proper books of account as required by law relating to preparation of the aforesaid financial statement have been kept by the Company so far as it appears from our examination of those books.

(c) The balance sheet, the statement of profit and loss including other comprehensive income, the cash flow statement, the statement of changes in equity and dealt with by this report are in agreement with the books of account.

(d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act.

(e) On the basis of written representations received from the directors as on 31st March, 2023 and taken on record by the Board of

Directors, none of the directors is disqualified as on 31st March, 2023 from being appointed as a director in terms of Section 164 (2) of the Act.

(f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such controls, refer to our separate report in "Annexure A".

(g) With respect to the other matters to be included in the Auditors Report in accordance with the requirements of section 197(16) of the Act, as amended, in our opinion and to the best of our information and according to the explanations given to us, the managerial remuneration paid to its directors during the year is in accordance with the provisions of section 197 of the Act.

(h) With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us: i. The Company has disclosed the impact, if any, of pending litigations on its financial position in its financial statements Refer Note No. 26 to the financial statements; ii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses as at 31st March 2023. iii. There were no amounts, which were required to be transferred during the year to the Investor Education and Protection Fund by the Company. iv. (a) The management has represented that, to the best of its knowledge and belief, no funds (which are material either individually or in the aggregate) have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the company to or in any other person(s) or entity(ies), including foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries;

(b) The management has represented that, to the best of its knowledge and belief, no funds (which are material either individually or in the aggregate)have been received by the company from any person(s) or entity(ies), including foreign entities ("Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the company shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries; and

(c) Based on such audit procedures that we considered reasonable and appropriate in the circumstances, nothing has come to our notice that has caused us to believe that the representations under sub-clause (i) and (ii) contain any material misstatement. v. The Company has neither declared nor paid any dividend on equity shares during the year. vi. Proviso to rule 3(1) of the Companies (Accounts) Rules, 2014 in respect of use of accounting software for maintaining books of accounts with requisite audit trail facility is applicable to the company w.e.f. April 1, 2023, and accordingly reporting under Rule

11(g) of the Companies (Audit and Accounts) Rules, 2014 is not applicable for the financial year ending 31st March 2023.

2. As required by the Companies (Auditors Report) Order, 2020 ("the Order") issued by the Government of India in terms of Section

143(11) of the Act, we give in the "Annexure B" a statement on the matters specified in the paragraphs 3 and 4 of the said Order.

For V. Sankar Aiyar & Co. Chartered Accountants ICAI Firm Regn No. 109208W

	(Deepak Gupta)
	Partner
Place: New Delhi	Membership No. 514856
Date : 29th May 2023	ICAI UDIN : 23514856BGXDBJ9970

"Annexure A" referred to in the Independent Auditors Report

(Referred to in paragraph 1(f) under ‘Report on Other Legal and Regulatory Requirements section of our report to the members of Landmark Property Development Company Limited of even date) Report on the Internal Financial Controls Over Financial Reporting under Clause (i) of sub section of Section 143 of the Companies Act, 2013 (the "Act")

We have audited the internal financial controls over financial reporting of the Company as of March 31, 2023 in conjunction with our audit of the financial statements of the Company for the year ended on that date.

Managements Responsibility for Internal Financial Controls

The Companys management is responsible for establishing and maintaining internal financial controls based on the internal control over Company considering the essential components of internal control stated in the Guidance financial

Note on Audit of Internal Financial Controls over Financial Reporting (the "Guidance Note") issued by the Institute of Chartered Accountants of India (ICAI). These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to Companys policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Act.

Auditors Responsibility

Our responsibility is to express financialcontrols wover financial reporting based on our audit. We opinion theCompanysinternal conducted our audit in accordance with the Guidance Note and the Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Act, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal

Financial Controls and issued by ICAI. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assuranceaboutwhetheradequateinternalfinancialcontrols over financial reporting was established and maintained and if such controls operated effectively in all material respects.

Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit ofinternal financialreporting included obtaining an controlsover understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditors judgement, including the assessment of the risks of material misstatement of the financialstatements, whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficientand appropriate to provide a basis for our audit opinion on the Companys internal financial controls system over financial. reporting

Meaning of Internal Financial Controls over Financial Reporting financialprocess designed to provide reasonable assurance regarding the A Companys internal financial reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles. A Companys internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorisations of management and directors of the Company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition, use, or disposition of the Companys assets that could have a material effect on the financial statements.

Inherent Limitations of Internal Financial Controls over Financial Reporting

Because of the inherent limitations of internal financial controls over financialreporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internalfinancialcontrols over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Opinion

In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financialcontrols over financial reporting were operating effectively as at March 31, 2023, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note issued by the ICAI.

For V. Sankar Aiyar& Co. Chartered Accountants ICAI Firm Regn No. 109208W

	(Deepak Gupta)
	Partner
Place: New Delhi	Membership No. 514856
Date : 29th May 2023	ICAI UDIN : 23514856BGXDBJ9970

Annexure "B" to the Independent Auditors Report of even date to the members of Landmark Property Development Company

Limited, on the financial statements for the year ended 31st March 2023

(Referred to in Paragraph 2 under ‘Report on Other Legal and Regulatory Requirements section of our Report on even date)

To the best of our information and according to the explanations provided to us by the Company and the books of account and records examined by us in the normal course of audit and the representation obtained from the management, we state that i a) (A) The Company is maintaining proper records showing full particulars, including quantitative details and situation of property, plant and equipment.

(B) The Company is maintaining proper records showing full particulars of Intangible Assets. b) Property, plant and equipment have been physically verified by the management during the year and no material discrepancies were noticed on such verification. In our opinion, the periodicity of physical verification is reasonable having regard to the size of the Company and the nature of its assets. c) The Company do not have any immovable property and accordingly, the requirement to report on clause 3(i)(c) of the order is not applicable to the company. d) The Company has not revalued its property, plant and equipment and intangible assets during the year. e) There are no proceedings initiated or are pending against the company for holding any benami property under the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) and rules made thereunder. ii a) The inventories have been physically verified by the management at reasonable intervals during the year. In our opinion the coverage and procedure of such verification by the management is appropriate; no discrepancies of 10% or more in the aggregate for each class of inventories were noticed on physical verification. b) The Company has not been sanctioned working capital limit in excess Rs. 5 crores at any point of time during the year, in aggregate, from banks or financial institutions on the basis of security of current assets. Hence reporting under clause 3(ii)(b) of the

Order is not applicable. iii The Company has not made investments, has not provided guarantees or security and has not granted loans or advances in the nature of loans, secured or unsecured, to companies, firms, limited liability partnerships or any other parties during the year. However, it has granted loans to one party (SayaBuildcon Consortium Private Limited) in earlier years, in respect of which: a) The amount outstanding as at 31st March 2023 is Rs.367.83 lacs (Provision made towards doubtful amount as at 31.03.2023 Rs. 367.83 lacs). b) Since no loan has been given during the year Hence reporting under clause 3(iii)(b) of the Order is not applicable. c) In respect of loan given to Saya Buildcon Consortium Private Limited, the schedule of repayment of principal and payment of interest has been stipulated and the repayments or receipts are not regular. Details of delay in payment principal & interest are as follows:

S No	Period / Month	Nature	Loan (Rs in lacs) Note 1	Interest (Rs in lacs) Note 2	Due date	Default in no of days as at 31.03.2023	Amount overdue for more than 90 days (Rs in lacs)
1	Dec-22	Loan	217.83	-	31-Dec-22	91	217.83
2	Mar-22	Interest	-	8.62	31-Mar-22	366	8.62
3	Jun-22	Interest	-	9.80	30-Jun-22	275	9.80
4	Sep-22	Interest	-	9.80	30-Sep-22	183	9.80
5	Dec-22	Interest	-	9.80	31-Dec-22	91	9.80
6	Mar-23	Interest	-	9.80	31-Mar-23	1	-
7	Dec-22	Loan	150.00	-	31-Dec-22	91	150.00
8	May-22	Interest	-	2.38	31-May-22	305	2.38
9	Jun-22	Interest	-	2.37	30-Jun-22	275	2.37
10	Jul-22	Interest	-	2.38	31-Jul-22	244	2.38
11	Aug-22	Interest	-	2.38	31-Aug-22	213	2.38
12	Sep-22	Interest	-	2.37	30-Sep-22	183	2.37
13	Oct-22	Interest	-	2.38	31-Oct-22	152	2.38
14	Nov-22	Interest	-	2.37	30-Nov-22	122	2.37
15	Dec-22	Interest	-	2.38	31-Dec-22	91	2.38
16	Jan-23	Interest	-	2.38	31-Jan-23	60	-
17	Feb-23	Interest	-	2.36	28-Feb-23	32	-
18	Mar-23	Interest	-	2.38	31-Mar-23	1	-
	Total		367.83	73.95			424.86

Note 1 - Repayment date was extended to 31.12.2022 from 30.06.2022.

Note 2 – The Company has made 100% provision towards doubtful amount of loan during the FY 2022-23 therefore it has not recognized interest income in its books on accrual basis. (Refer Note 33 of the financial statements for FY 2022-23) d) The following amount is overdue for more than ninety days from a Company where the loan has been granted and reasonable steps have been taken by the company for recovery of the overdue amount of principal and interest-

Number of Cases	Principal Overdue (in Rs lcs)	Interest Overdue (in Rs lacs)	Total Overdue (in Rs lacs)
1	367.83	57.03	424.86

e) The company has extended the due date of loan to settle the overdue of existing loans fallen due during the year. The aggregate amount of such dues extended and the percentage of the aggregate to the total loans or advances in the nature of loans granted during the year are as follows :-

Name of the parties	Aggregate amount of loans or advances in the nature of loans granted during the year	Aggregate overdue amount settled by renewal or extension or by fresh loans granted to same parties (in Rs lacs)	Percentage of the aggregate to the total loans or advances in the nature of loans granted during the year
SayaBuildconConsortium Pvt Ltd	-	367.83	100%

f) The company has not granted any loans or advances in the nature of loan either repayable on demand or without specifying any terms or period of repayment. iv In our opinion and according to the information and explanations given to us and the representation given to us by the management a) the Company has not granted any loans to any of its directors or any other person in whom director is interested or given guarantee or provided any security in connection with any loan taken by him or such other person within the meaning of section 185 of the Act and b) the Company has complied with the provisions of Section 186 of the Act in respect of loan given, investments made and providing guarantees and securities, to the extent applicable. v The Company has not accepted any deposits or amounts which are deemed to be deposit within the provisions of sections 73 to 76 of the Act and the Rules framed there under. Hence reporting under clause 3(v) of the Order is not applicable. vi The Central Government has not specified maintenance of cost records under sub- section (1) of section 148 of the Companies Act.

Accordingly, the requirement to report on clause 3(vi) of the order is not applicable to the Company. vii In respect of statutory dues a) The Company is regular in depositing undisputed statutory dues including goods and services tax (GST), provident fund, income tax, and other material statutory dues applicable to it with the appropriate authorities. There were no arrears of undisputed statutory dues applicable to it as at 31st March, 2023, which were outstanding for a period of more than six months from the date they became payable. We are informed that there is no liability towards employees state insurance, sales tax, service tax, duty of customs, value added tax, excise duty and cess for the year under audit. b) Details of statutory dues referred to in sub-clause (a) above which not been deposited as on 31st March, 2023 on account of dispute are given below:

Name of the Statute	Nature of Due	Amount Involved (Rs in lakhs)	Period to which it relates	Forum where Dispute is pending
Income Tax Act 1961	Income tax	1.19	AY 2018-19	DCIT, Central Circle 1, Delhi.

viii The Company has not surrendered or disclosed any transaction, previously not recorded in the books of accounts, in the tax assessments under the Income Tax Act, 1961 as income, during the year. ix a) The Company did not have any loans or borrowings from any lender during the year. Therefore reporting under clause 3(ix)(a) of the Order is not applicable. b) The Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority. c) The Company has not taken any term loans during the year and there are no unutilised term loans at the beginning of the year. Hence reporting under clause 3(ix)(c) of the Order is not applicable. d) On the overall examination of the financial statements of the Company, no funds raised on short term basis have long term purpose by the Company. e) The Company does not have any subsidiaries, associates, or joint ventures. Hence reporting under clause 3(ix)(e) of the Order is not applicable. f) The Company does not have any subsidiaries, associates, or joint ventures. Hence reporting under clause 3(ix)(f) of the Order is not applicable. x a) The Company has not raised any money by way of initial public offer, further public offer (including debt instruments) during the year. Hence reporting under clause 3(x)(a) of the Order is not applicable. b) The Company has not made any preferential allotment or private placement of shares or convertible debentures (fully, partially or optionally convertible) during the year. Hence reporting under clause 3(x)(b) of the Order is not applicable. xi a) We have neither come across any instance of material fraud by the Company or on the Company, noticed or reported during the year, nor have we been informed of any such case by the management. b) During the year, no report under section 143(12) of the Companies Act has been filed by the auditors in the Form ADT-4 as prescribed under rule 13 of Companies (Audit and Auditors) Rules, 2014 with the Central Government. c) The Company has not received any whistle blower complaints during the year. xii The Company is not a Nidhi Company. Hence reporting under of clause 3(xii) of the Order is not applicable. xiii According to the information and explanations given to us and based on our examination of the records of the Company, transactions with the related parties are in compliance with section 177 and 188 of the Act wherever applicable and details of such transactions have been disclosed in the financial statements as required by the applicable indian accounting standards. xiv a) In our opinion, the internal audit system of the Company is commensurate with the size of the Company and nature of its business. b) We have considered, the internal audit report for the period under audit, issued to the Company during the year and till date. xv In our opinion during the year, the Company has not entered into any non-cash transactions with directors or persons connected with him. Hence reporting under clause 3(xv) of the Order is not applicable. xvi a) In our opinion, the company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Hence reporting under clause 3(xvi)(a) to (c) of the Order are not applicable. b) There are no Core Investment Company (CIC) as a part of Group. We have not, however, separately evaluated whether the information provided by the management is accurate and complete. xvii) The Company has incurred any cash losses of Rs. 19.73 lacs in the current financial year and has not incurred cash losses in the immediately preceding financial year. xviii) There has been no resignation of the statutory auditors of the Company during the year. Hence reporting under clause 3(xviii) of the Order is not applicable. xix) On the basis of the financial ratios, ageing and expected dates of realisation of financial assets and information accompanying the financial statements, our knowledge of the Board of Directors and management plans, nothing has come to our attention, which causes us to believe that any material uncertainty exists as on the date of the audit report indicating that company is not capable of meeting its liabilities existing at the date of balance sheet as and when they fall due within a period of one year from the balance sheet date. We, however, state that this is not an assurance as to the future viability of the Company. We further state that our reporting is based on the facts up to the date of the audit report and we neither give any guarantee nor any assurance that all liabilities falling due within a period of one year from the balance sheet date, will get discharged by the Company as and when they fall due.

xx) The Company is not required to spend the amounts towards corporate social responsibility (CSR) under section 135 of the Companies Act. Hence reporting under clause 3(xx)(a) to 3(xx)(b) of the Order are not applicable. xxi) The Company is not required to prepare consolidated financial statements. Hence reporting under clause 3(xxi) of the Order is not applicable.

For V. Sankar Aiyar& Co. Chartered Accountants ICAI Firm Regn No. 109208W

	(Deepak Gupta)
	Partner
Place: New Delhi	Membership No. 514856
Date : 29th May 2023	ICAI UDIN : 23514856BGXDBJ9970