Auditor Report of Golechha Global Finance Ltd.

Mar 31, 2024

We have audited standalone financial statements of Golechha Global Finance Limited ("the
Company"), which comprise of the balance sheet as at March 31, 2024, the statement of Profit and
Loss and statement of cash flows for the year then ended, and notes to the financial statements,
including a summary of significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanations given to us, the
aforesaid standalone 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 accounting
principles generally accepted in India, of the state of affairs of the Company as at March 31, 2024,
Profit and its cash flows for the year ended on that date.

Basis for Opinion

We conducted our audit of the standalone financial statements in accordance with the Standards on
Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under
those Standards are further described in the Auditor''s Responsibilities for the Audit of the Standalone
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
independent requirement that are relevant to our audit of the standalone financial statements under
the provisions of the Companies Act,2013 and the rules made there under, and we have fulfilled our
other ethical responsibilities in accordance with these requirements and the ICAI''s Code of Ethics.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in
our audit of the standalone financial statements of the current period. These matters were addressed
in the context of our audit of the standalone financial statements as a whole, and in forming our
opinion thereon, and we do not provide a separate opinion on these matters.

Management''s Responsibility for the Financial Statements

The Company''s Board of Directors is responsible for the matters stated in section 134(5) of the
Companies Act, 2013 ("the Act") with respect to the preparation of these standalone that give a true
and fair view of the financial position, financial performance and cash flows of the Company in
accordance with the accounting principles generally accepted in India, including the accounting
Standards specified under section 133 of the Act. This 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 statement that give a true and fair view and are free from material
misstatement, whether due to fraud or error.

In preparing the financial statements, management is responsible for assessing the Company''s ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless management either intends to liquidate the Company or
to cease operations, or has no realistic alternative but to do so.

Board of Directors are also responsible for overseeing the Company''s financial reporting process.

Auditor''s Responsibilities for the Audit of the standalone Financial Statements

Our objectives are to obtain reasonable assurance about whether the standalone financial statements
as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor''s
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 standalone financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional
skepticism through- out the audit. We also:

a) Identify and assess the risks of material misstatement of the standalone 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.

b) 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.

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

d) Conclude on the appropriateness of management''s 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 Company''s
ability to continue as a going concern. If we conclude that a material uncertainty exists,
we are required to draw attention in our auditor''s report to the related disclosures in the
standalone 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
auditor''s report. However, future events or conditions may cause the Company to cease
to continue as a going concern.

e) Evaluate the overall presentation, structure and content of the standalone financial
statements, including the disclosures, and whether the standalone 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 standalone financial statements of the current period
and are therefore the key audit matters. We describe these matters in our auditor''s 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.

Report on Other Legal and Regulatory Requirements

1. required by the Companies (Auditor''s Report) Order, 2020 issued by the Central Government of

India in terms of sub-section (11) of section 143 of the Act, we give in the Annexure (''Annexure

A'') a statement on the matters specified in paragraphs 3 and 4 of the Orde.

2. 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 purpose of our audit.

b. In our opinion proper books of account as required by law have been kept by the Company
so far as it appears from our examination of those books.

c. The Balance Sheet, Statement of Profit and Loss and the Cash Flow Statement 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, read with Rule 7 of the Companies (Accounts) Rules,
2014.

e. On the basis of written representations received from the Directors as on March 31, 2024,
and taken on record by the Board of Directors, none of the directors is disqualified as on
March 31, 2024, 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 B”.

g. With respect to the other matters to be included in the Auditor''s Report under section 197(16)
of the Ac .: In our opinion and as per the information and explanations provides to us, the
Company has paid/ provided for managerial remuneration in accordance with the requisite
approvals mandated by provision of section 197 read with schedule V to the Act.

h. With respect to the 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:-

a. The Company has disclosed the impact of pending litigation on its financial position in its
financial statement to the financial statements.

b. The company has made provision, as required under the applicable law or IND AS, for
material foreseeable losses, if any, on long term contracts including derivative contracts.

c. There were no amounts which were required to be transferred to the Investor Education
and Protection Fund by the Company.

d. As per the management representation we report,

I. no funds have been advanced or loaned or invested by the company to or in any
other person(s) or entities, including foreign entities ("Intermediaries"), with the
understanding that the intermediary shall whether directly or indirectly lend or invest
in other persons or entities identified in any manner by or on behalf of the company
(Ultimate Beneficiaries) or provide any guarantee, security or the like on behalf of
ultimate beneficiaries.

II. no funds have been received by the company from any person(s) or entities including
foreign entities ("Funding Parties") with the understanding that such 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 guarantee, security or the like on behalf of the Ultimate beneficiaries.

III. Based on the audit procedures performed, we report that nothing has come to our
notice that has caused us to believe that the representations given under sub-clause
(i) and (ii) by the management contain any material mis-statement.

For B D S & Co.

Chartered Accountants

Sd/-

[Bharat D. Sarawgee]

Partner

Membership No. 061505

Dated : 16^th day of May, 2024 ^{Firm Regn N}°. ^326264E

Place : Kolkata

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Mar 31, 2014

We have audited the accompanying financial statements of Golechha Global Finance Limited, which comprise the Balance Sheet as at March 31, 2014, the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information.

Management''s Responsibility for the Financial Statements

Management is responsible for the preparation of these financial statements that give a true and fair view of the financial position and financial performances of the Company in accordance with the Accounting Standards referred to in sub-section (3C) of section 211 of the Companies Act, 19S6 ("the Act"). This responsibility includes the design, implementation and maintenance of internal control 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.

Auditor''s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor''s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Company''s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity''s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion and to the best of our information and according to the explanations given to us, the financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India:

(a) In the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2014;

(b) In the case of the Profit and Loss Account, of the Profit for the year ended on that date.

(c) In the case of the Cash Flow Statement, of the Cash Flow for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor''s Report) Order, 2003 ("the Order") issued by the Central Government of India in terms of sub- section (4A) of section 227 of the Act, we give in the Annexure A statement on the matters specified in paragraphs 4 and S of the Order.

2. As required by section 227(3) of the Act, we report that:

a) We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit;

b) In our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination of those books and proper returns adequate for the purposes of our audit have been received from branches not visited by us];

c) the Balance Sheet and Statement of Profit and Loss, dealt with by this Report are in agreement with the books of account and with the returns received from branches not visited by us;

d) In our opinion, the Balance Sheet and Statement of Profit and Loss comply with the Accounting Standards referred to in subsection (3C) of section 211 of the Companies Act, 1956;

e) On the basis of written representations received from the directors as on March 31, 2014, and taken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2014, from being appointed as a director in terms of clause (g) of sub-section (1) of section 274 of the Companies Act, 1956.

ANNEXURE ''A'' TO AUDIT REPORT OF GOLECHHA GLOBAL FINANCE LIMITED STATEMENT ON THE MATTERS SPECIFIED IN PARAGRAPHS 4 AND S OF THE COMPANIES (AUDITOR''S REPORT) ORDER, 2003 ("the Order").

1. The company does not have any fixed assets hence, clause (I) of paragraph 4 of the Order is not applicable.

2. The business of the company does not entail any inventories hence clause (II) of paragraph 4 of the Order is not applicable.

3. On the basis of records examined by us and according to the information & explanations given to us , the company has neither granted nor taken any loans, secured or unsecured to / from companies, firms or other parties covered in the register maintained under 301 of the companies Act,19S6. Accordingly, the provisions of Clause 4(iii) of the Order is not applicable.

4. In our opinion and according to the information and explana-tions given to us, there are adequate internal control procedure commensurate with the size of Company and nature of its business .During the course of our audit, we have not observed any continuing failure to correct major weaknesses in internal control.

5. a) To the best of our knowledge and beliefs and according to the information and explanations given to us, we are of the opinion that the company has entered particulars of contracts or arrangements referred to in Section 301 of The Companies Act,19S6 that needs to be entered in the register maintained under that section have been so entered.

b) In our opinion and according to the information and explana-tions given to us, there are no transactions exceeding the value of five lakh rupees in respect of any of the parties mentioned in S(a) above.

6. In our opinion and according to the information and explanations given to us, the company has not accepted deposits from the public during the year.

7. The company has an adequate internal audit system, which in our opinion, is commensurate with the size and the nature of its business.

8. The Central Government has not prescribed the maintenance of cost records under section 209(1)(d) of the Act.

9. a) According to the information and explanations given to us and according to books and records produced and examined by us, the company is generally regular in depositing with appropriate authorities undisputed statutory dues including Provident Fund, Employees'' State Insurance, Income-tax, Wealth Tax, Sales Tax, Service Tax, Custom duty , Excise duty, cess and any other statu-tory dues applicable to it.

b) According to the information and explanations given to us, there are no undisputed amounts payable in respect of income tax, wealth tax, Service Tax, Sales Tax , excise duty and cess which are outstanding as at 31st March,2014 for a period of more than six months from the date they became payable.

c) According to the information and explanations given to us, there are no statutory dues, not deposited by the company on account of any dispute.

10. The company does not have any accumulated losses at the end of the financial year and has not incurred cash losses during the current or immediately preceding financial year.

11. On the basis of the records examined by us and the information and explanations given to us, the company has not taken any loans from banks or financial institutions.

12. In our opinion and according to the information and explanations given to us, the company has not granted loans and advances on the basis of security by way of pledge of shares, debentures and other securities.

13. The company is not a chit fund/ nidhi / mutual benefit fund or society.

14. The company is dealing in invest-ments and in our opinion, proper records have been maintained of the transactions and contracts and timely entries have been made therein. The shares, securities, debentures and other securities,if any have been held by the company, in its own name.However, as on 31/03/2014 there is no investment in shares and securities.

15. According to the information and explanations given to us, the company has not given any guarantee for loans taken by others from bank or financial institutions.

16. To the best of our knowledge and belief and according to the information and explanations given to us, the company has not taken any term loan during the financial year covered by our audit.

17. On the basis of an overall examination of the balance sheet of the company, in our opinion and according to the information and explanations given to us, we report that no funds raised on short term basis have been used for long-term investment.

18. The company has not made any preferential allotment of shares during the year to parties and companies covered in the register maintained under section 301 of The Companies Act,19S6 , hence clause (xviii) of the order is not applicable.

19. The company has not issued any debentures during the year.

20. The company has not raised any money by way of public issues during the year.

21. To the best of our knowledge and belief and according to the information and explanations given to us, no fraud on or by the company has been noticed or reported during the course of our audit.

For V. Goyal & Associates Chartered Accountants Sd/- [Pankaj Kumar Goyal] Partner Membership No. 059991 Dated : 28th day of May,2014 Firm Regn No. 312136E

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Mar 31, 2012

We have audited the attached Balance Sheet of Golechha Global Finance Limited , as at 31st March,2012 and the Statement of Proft and Loss of the Company for the year ended thereon and the Cash Flow Statement for the year ended on that date all annexed hereto. These fnancial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these fnancial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the fnancial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the fnancial statements. An audit also includes assessing the accounting principles used and signifcant estimates made by management, as well as evaluating the overall fnancial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

We report that:

1. We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit.

2. In our opinion proper books of account as required by law have been kept by the Company so far as it appears from our examination of these books.

3. The Balance Sheet, Statement of Proft & loss and Cash Flow Statement dealt with by this report are in agreement with the books of account.

4. In our opinion, the Balance Sheet, Statement of Proft & Loss and the Cash Flow Statement dealt with by this report comply with the Accounting Standards referred to in sub-section (3C) of Section 211 of the Companies Act,1956.

5. On the basis of the written representations received from the directors as on 31st March.2012, and taken on record by the Board of Directors, we report that none of the directors are prima facie disqualifed from being appointed as a director in terms of clause (g) of sub-section(1) of section 274 of the Companies Act,1956.

6. In our opinion, and to the best of our information and according to the explanations given to us, the accounts subject to and read together with notes thereon give the information required by the Companies Act, 1956 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India:-

a) in the case of the Balance Sheet, of the State of Affairs of the Company as at31stMarch,2012.

b) in the case of Statement of Proft & Loss , of the Proft for the year ended on that date.

c) in the case of the Cash Flow Statement, of the cash fows for the year ended on that date.

As required by the Companies (Auditor's Report) Order, 2003 as amended by Companies (Auditor's Report) (Amendment) Order, 2004 issued by the Central Government of India in terms of section 227(4A) of the Companies Act 1956, and on the basis of such checks as were considered appropriate and as per the information & explanations given to us, we further comment hereto on the matters specifed in paragraphs 4 and 5 of the said order as below:-

1. The company does not have any fxed assets hence, clause (I) of paragraph 4 of the Order is not applicable.

2. The business of the company does not entail any inventories hence clause (II) of paragraph 4 of the Order is not applicable.

3.

a) In our opinion and according to the information & explanations given to us , the company has not granted any loans to parties covered in the register maintained under section 301 of the Companies Act, 1956. Hence, clause lll(a) to (d) of paragraph 3 of the Order is not applicable.

b) The company has taken unsecured loans from a company covered in register maintained under section 301 of the Companies Act, 1956. The year end balance of such loans was NIL and the maximum amount outstanding at anytime during the year was Rs.200.00 lacs.

c) In our opinion and according to the information and explanations given to us , the loans were taken free of interest and other terms and conditions on which above said loans have been taken are not, prima facie prejudicial to the interest of the company.

d) The loans taken by the company are repayable on demand and as informed to us the loans have not yet been recalled.

4. In our opinion and according to the information and explanations given to us, there are adequate internal control procedure commensurate with the size of Company and nature of its businesss .During the course of our audit, we have not observed any continuing failure to correct major weaknesses in internal control.

5. a) To the best of our knowledge and beliefs and according to the information and

explanations given to us, we are of the opinion that the company has entered particulars of contracts or arrangements referred to in Section 301 of The Companies Act, 1956 that needs to be entered in the register maintained under that section.

b) In our opinion and according to the information and explanations given to us, there are no transactions exceeding the value of fve lakh rupees in respect of any of the parties mentioned in 5(a) above.

6. In our opinion and according to the information and explanations given to us, the company has not accepted deposits from the public during the year.

7. The company has an adequate internal audit system, which in our opinion, is commensurate with the size and the nature of its business.

8. The Central Government has not prescribed the maintenance of cost records under section 209(1 )(d) of the Act.

9. a) According to the information and explanations given to us and according to

books and records produced and examined by us, the company is generally regular in depositing with appropriate authorities undisputed statutory dues including Provident Fund, Employees' State Insurance, Income-tax, Wealth Tax, Sales Tax, Service Tax, Custom duty , Excise duty, cess and any other statutory dues applicable to it.

b) According to the information and explanations given to us, there are no undisputed amounts payable in respect of income tax, wealth tax, Service Tax, Sales Tax , excise duty and cess which are outstanding as at 31st March.2012 for a period of more than six months from the date they became payable.

c) According to the information and explanations given to us, there are no statutory dues , not deposited by the company on account of any dispute.

10. The company does not have any accumulated losses at the end of the fnancial year and has not incurred cash losses during the current or immediately preceding fnancial year.

11. On the basis of the records examined by us and the information and explanations given to us, the company has not taken any loans from banks or fnancial institutions.

12. In our opinion and according to the information and explanations given to us, the company has not granted loans and advances on the basis of security by way of pledge of shares, debentures and other securities.

13. The company is not a chit fund/ nidhi / mutual beneft fund or society.

14. The company is dealing in investments and in our opinion, proper records have been maintained of the transactions and contracts and timely entries have been made therein. The shares, securities, debentures and other securities have been held by the company, in its own name.

15. According to the information and explanations given to us, the company has not given any guarantee for loans taken by others from bank or fnancial institutions.

16. To the best of our knowledge and belief and according to the information and explanations given to us, the company has not taken any term loan during the fnancial year covered by our audit

17. On the basis of an overall examination of the balance sheet of the company, in our opinion and according to the information and explanations given to us, we report that no funds raised on short term basis have been used for long-term investment.

18. The company has not made any preferential allotment of shares during the year to parties and companies covered in the register maintained under section 301 of The Companies Act, 1956 , hence clause (xviii) of the order is not applicable.

19. The company has not issued any debentures during the year.

20. The company has not raised any money by way of public issues during the year.

21. To the best of our knowledge and belief and according to the information and explanations given to us, no fraud on or by the company has been noticed or reported during the course of our audit

For V. Goyal & Associates

CHARTERED ACCOUNTANTS

Sd/-

(Pankaj Kumar Goyal)

Place : Kolkata Partner

Date : 30.05.2012 Membership No. 059991

FirmRegn No. 312136E