Auditor Report of Kashyap Tele-Medicines Ltd.

Mar 31, 2024

We have audited the accompanying financial statements of Kashyap Tele-Medicines Limited (the "Company") which comprises
the Balance Sheet as at March 31, 2024, the Statement of Profit and Loss (including Other Comprehensive Income), the
Statement of Changes in Equity and the Statement of Cash Flows for the year ended on that date, and notes to the financial
statements, including a summary of the material accounting policies and other explanatory information (hereinafter referred
to as the "financial statements").

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 March 31, 2024, and the profit, 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 Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor''s
Responsibility 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 (ICAI) together with the
independence requirements that are relevant for audit of financial statement under the provisions of the Act and the Rules
made there under and we have fulfilled our ethical requirements that are relevant to our audit of the financial statements
under the provisions of the Companies Act, 2013 and the Rules 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 Matter

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

mattorc Hocrrihorl holn\A/ tn ho tho ko\/ aiirlit mattorc tn ho rnmmnniratoH in nnr ronnrt

Key Audit Matter	Auditor''s Response
Impairment testing of trade receivables and other assets	Our audit procedures included the following:
The Company has outstanding trade receivables and	• We obtained an understanding from the management,
advances. The impairment testing of these items is a Key	assessed and tested the design and operating effectiveness
Audit Matter as the impairment assessment involve significant management judgement.	of the Company''s key controls over the impairment assessment of assets. • We had discussions with management to obtain an understanding of the relevant factors in respect of recoverability of trade receivables and other assets. • Assessing methodology - considering the consistency and appropriateness of the management estimates and assumptions made for arriving at the recoverable amount.

Information other than the financial statements and auditor''s report thereon

The Company''s Board of Directors is responsible for the other information. The other information comprises the information
included in the Director''s report, but does not include the financial statements and our auditor''s report thereon.

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
in the audit or otherwise appears to be materially misstated.

If, based on the work we have performed, 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.

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 financial statements that give a true and fair view of the financial position,
financial performance, total comprehensive income, changes in equity and cash flows of the Company in accordance with
the Ind AS and other 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 of 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 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.

The Board of Directors are responsible for overseeing the company''s financial reporting process.

Auditor''s Responsibility for the Audit of the Financial Statements

Our objectives are 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 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 financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism
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 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 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.

• 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.

Materiality is the magnitude of misstatements in the financial statements that, individually or in aggregate, makes it probable
that the economic decisions of a reasonably knowledgeable user of the standalone financial statements may be influenced.
We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating
the results of our work; and (ii) to evaluate the effect of any identified misstatements in the standalone financial statements.

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 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.

Other Matter

The financial statements of the Company for the year ended March 31, 2023, included in these financial statements, have been
audited by the predecessor auditor who expressed an unmodified opinion on those financial statements on May 29, 2023.

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.

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, the Statement of Profit and Loss including Other Comprehensive Income, Statement of Changes
in Equity and the Cash Flow dealt with by this Report are in agreement with the books of account.

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

e) On the basis of the written representations received from the directors as on March 31, 2024 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 A". Our report expresses an
unmodified opinion on the adequacy and operating effectiveness of the Company''s internal financial controls with
reference to financial statements.

g) With respect to the other matters to be included in the Auditor''s 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, there is no remuneration paid by the Company to its directors during the year.

h) With respect to the other matters to be included in the Auditor''s 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 does not have any impact of pending litigations on its financial position in its financial
statements.

ii. The Company did not have any long-term contracts including derivative contracts for which there were any
material foreseeable losses.

iii. There were no amounts which were required to be transferred 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
or entity, including foreign entity ("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 or entity,
including foreign entity ("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;

(c) Based on the audit procedures that have been 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) of Rule 11(e), as provided under (a) and (b) above, contain any material misstatement.

v. No dividend has been declared or paid during the year by the Company.

vi. Based on our examination, which included test checks, the Company has used accounting software for maintaining
its books of accounts for the financial year ended on March 31, 2024 which has a feature of recording audit
trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded
in the software. Further, during the course of our audit, we did not come across any instance of the audit trail
feature being tempered.

As per proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014 is applicable from April 1, 2023, reporting
under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 on preservation of audit trail as per
statutory requirements for record retention is not applicable for the financial year ended March 31, 2023.

2. As required by the Companies (Auditor''s Report) Order, 2020 (the "Order"), issued by the Central Government of India
in terms of sub-section (11) of section 143 of the Act, we give in the "Annexure-B" a statement on the matters specified
in paragraphs 3 and 4 of the Order, to the extent applicable.

For, Ravi Karia & Associates
Firm Registration No. 157029W
Chartered Accountants

Ravi Karia
Partner

Place: Ahmedabad Membership No. 161201

Date: 17* May, 2024 UDIN: 24161201BKHBCD2106

---

Mar 31, 2014

We have audited the accompanying financial statements of Kashyap Tele-Medicines Ltd. (Formerly known as Jindal Online.com Ltd.) as at 31st March, 2014 which comprise the Balance Sheet as on March 31, 2014, 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. These Financial Statements are the responsibility of the Company''s management. Our responsibility is to express an opinion on these financial statements based on our audit.

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

1. As required by the Companies (Auditors Report) order, 2003 issued by the Central Government in terms of Section 227(4A) of the Companies Act.,1956, we give in the annexure a statement on the matters specified in para 4 and 5 of the said order.

2. Further to our comments in the Annexure referred to in para 1 above, 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 accounts as required by law have been kept by the company so far as it appears from my examination of the books;

c) The Balance Sheet, Statement of Profit and Loss Account and Cash Flow dealt with by this report are in agreement with the books of accounts;

d) In our opinion, the Balance Sheet, Statement of Profit and Loss and Cash Flow Statement dealt with by this report are in compliance with the Accounting standards referred to in sub sec. (3C) of sec. 211 of The Companies Act.,1956.

e) On the basis of written representation from directors as on 31.03.2014 and taken on record by the Board of Directors, We report that none of the directors is disqualified as on 31.03.2014 from being appointed as a directors in terms of clause (g) of sub section (1) of section 274 of the Companies Act, 1956.

f) In our opinion and to the best of our information and according to the explanations given to me, the said accounts, read together with Notes thereon, give the information required by the Companies Act, 1956 in manner so required and give a true and fair view:

i) In the case of the Balance Sheet, of the state of affairs of the Company as at 31st March, 2014, and

ii) In the case of the statement of Profit and Loss account, of the Profit for the year ended on 31st March 2014.

iii) In case of cash flow statement, of the cash flows for the year ended 31st March 2014.

(ANNEXURE TO THE AUDITOR''S REPORT)

1. FIXED ASSETS:- (a) The Company has maintained proper records showing full particulars include Quantitative details & situation of fixed assets.

(b) We have been informed that during the year these assets were physically verified by the management and no discrepancies were found on such verification.

(c) Substantial part of the fixed assets has not been disposed off or revalued during the year.

2. INVENTORIES:- (a) In our opinion and as per the information given to me, the procedures of physical verification of stocks adopted by the management is reasonable and adequate in relation to the size and the nature of its business carried out by the company.

(b) No discrepancies were found on physically verification of stock.

(c) In our opinion the method of valuation of the stocks is fair and proper and in accordance with the normally accepted accounting principles and is consistent with the method adopted in preceeding year.

3. LOANS

(a) The Company has not taken loans from companies, firms or other parties covered in the register maintained under sec. 301 of the Companies Act,1956.

(b) The Company had granted unsecured loans to One party listed in the register maintained under section 301 of the Companies Act, 1956. The maximum amount outstanding during the year of such loans aggregate to Rs. 3921350/- & the year ended balance being Rs. 3921350/-.

(c) In our opinion, the rate of interest and other terms and condition of such loans are not prima facie prejudicial to the interest company.

4. In our opinion & according to the information given to us, there is adequate internal control procedure commensurate with the size of the company and the nature of its business. Further on the basis of our examination of the books and the records of the company and according to the information and explanations given to us, We have neither come across nor have been informed of any continuing failure to correct major weakness in the aforesaid internal control procedure.

5. RELATED PARTY TRANSACTIONS

(a) In our opinion and according to the information and explanations given to us, the transactions made in pursuance of contract or arrangements that need to be entered in the register maintained under section 301 of the companies Act, 1956 have been so entered.

(b) In our opinion and according to the information and explanation given to us there were no transactions made in pursuance of contracts or arrangement that needed to be entered in the register maintained under section 301 and exceeding the value of Rs. 500000/- or in respect of any party; Hence clause 5 (b) is not applicable to the Company.

6. In our opinion and according to the information & explanations given to me, no deposit has been accepted by the company under the preview of the provisions of section 58A and 58AA of Companies Act, 1956 and the rules made there under.

7. In our opinion the Company has an internal audit system commensurate with the size and nature of its business.

8. The Central Government has not prescribed maintenance of cost records under section 209(1)(d) of the Companies Act, 1956.

9. STATUTORY DUTIES

(a) According to the records of the company, the company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, investor education protection fund, employees state insurance, Income tax, sales tax, wealth tax, customs Duty, excise duty, cess and other statutory dues applicable to it with the appropriate authorities.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of Income Tax, Wealth Tax, Sales Tax, customs duty and excise duty & cess were 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, & the records of the company examined by me the particulars of the dues of Income tax, wealth tax, sales tax, custom duty & cess as at 31st March, 2014 which have not been deposited on account of dispute are nil.

10. The company has not incurred any cash Loss during the period covered by our audit and no cash Loss during the immediately proceeding financial year. The accumulated losses of the company as on 31.03.2014 stands at Rs. 2,66,03,987/ - which exceeds the net worth of the company by more than 50%. The accumulated losses of the company as on 31.03.2013 were Rs. 2,68,23,004/- 11. According to the records of the company examined by us and the information and explanations given by the management the company has not taken any loan from bank or financial institution. as at the balance sheet date.

12. The company has not granted any loans and advances on the basics of security by way of pledge of shares, debentures and other securities.

13. The company is not a chit fund/nidhi/mutual benefit fund/ societies. Hence sub clause (13) is not applicable to the company.

14. In our opinion the company is not a dealer or trader in shares, securities, debentures and other investments.

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

16. The company has not raised any term loans during the current financial year.

17. According to the information & explanation given to us & the overall examination of the balance sheet of the company, we report that no funds raised on short-term basis have been used for long term investment. No long-term funds have been used to finance short term assets except permanent working capital.

18. The company has not made preferential allotment of shares to parties and companies covered in the register maintained under section 301 of the companies Act, 1956.

19. The company has not raised any money by public issues during the year.

20 During the course of our examination of the books and records of the company carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, We have neither come across any instance of fraud on or by the company noticed or reputed during the year, nor have we been informed of such case by the management.

21. According to the information & explanation given to us, no fraud on or by the company has been noticed or reported during the course of our audit.

FOR, MEHRA ANIL & ASSOCIATES CHARTERED ACCOUNTANTS

PLACE :AHMEDABAD (ANIL MEHRA) DATE :29-05-2014 PROPRIETOR M.NO. 033052 FRNO. 117692W

---

Mar 31, 2013

We have audited the attached balance sheet of Kashyap Tele-Medicines Ltd. (Formerly known as Jindal Online.com Ltd.) as at 31st March''2013and also the Profit and loss Account of the company for the year ended on that date annexed thereto. These Financial Statement are the responsibility of the Company''s management. Our responsibility is to express an opinion on these financial statements and Cash Flow based on our audit.

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

1. As required by the Companies (Auditors Report) order, 2003 issued by the Central Government in terms of Section 227(4A) of the Companies Act., 1956, we give in the annexure a statement on the matters specified in para 4 and 5 of the said order.

2. Further to our comments in the Annexure referred to in para 1 above, 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 accounts as required by law have been kept by the company so far as it appears from my examination of the books;

c) The Balance Sheet, Statement of Profit and Loss Account and Cash Flow dealt with by this report are in agreement with the books of accounts;

d) In our opinion, the Balance Sheet, Statement of Profit and Loss and Cash Flow Statement dealt with by this report are in compliance with the Accounting standards referred to in sub sec. (3C) of sec. 211 of The Companies Act., 1956.

e) On the basis of written representation from directors as on 31.03.2013 and taken on record by the Board of Directors, We report that none of the directors is disqualified as on 31.03.2013 from being appointed as a directors in terms of clause (g) of sub section (1) of section 274 of the Companies Act, 1956.

f) In our opinion and to the best of our information and according to the explanations given to me, they said accounts, read together with Notes thereon, give the information required by the Companies Act, 1956 in manner so required and give a true and fair view: .

i) In the case of the Balance Sheet, of the state of affairs of the Company as at 31 st March, 2013, and

ii) In the case of the statement of Profit and Loss account, of the Profit for the year ended on 31 st March 2013.

iii) In case of cash flow statement, of the cash flows for the year ended 31s1 March 2013 .

1. FIXED ASSETS:-

(a) The Company has maintained proper records showing full particulars include Quantitative details & situation of fixed assets.

(b) We have been informed that during the year these assets were physically verified by the management and no discrepancies were found on such verification.

(c) Substantial part of the fixed assets has not been disposed off or revalued during the year.

2. INVENTORIES:-

(a) In our opinion and as per the information given to me, the procedures of physical verification of stocks adopted by the management is reasonable and adequate in relation to the size and the nature of its business carried out by the company.

(b) No discrepancies were found on physically verification of stock.

(c) In our opinion the method of valuation of the stocks is fair and proper and in accordance with the normally accepted accounting principles and is consistent with the method adopted in preceding year.

3. LOANS

(a) The Company has not taken loans from companies, firms or other parties covered in the register maintained under sec. 301 of the Companies Act.,1956. The maximum amount outstanding during the year of such loans aggregate to Rs. Nil and the year ended balance being nil.

(b) The Company had granted unsecured loans to One party listed in the register maintained under section 301 of the Companies Act, 1956. The maximum amount outstanding during the year of such loans aggregate to Rs. 2571350/- & the year ended balance being Rs. 2571350/-.

(c) In our opinion, the rate of interest and other terms and condition of such loans are not prima facie prejudicial to the interest company.

4. In our opinion & according to the information given to us, there is adequate internal control procedure commensurate with the size of the company and the nature of its business. Further on the basis of our examination of the books and the records of the company and according to the information and explanations given to us, We have neither come across nor have been informed of any continuing failure to correct major weakness in the aforesaid internal control procedure.

5. RELATED PARTY TRANSACTIONS

(a) In our opinion and according to the information and explanations given to us, the transactions made in pursuance of contract or arrangements that need to be entered in the register maintained under section 301 of the companies Act, 1956 have been so entered.

(b) In our opinion and according to the information and explanation given to us there were no transactions made in pursuance of contracts or arrangement that needed to be entered in the register maintained under section 301 and exceeding the value of Rs.500000/- or in respect of any party; Hence clause 5 (b) is not applicable to the Company.

6. In our opinion and according to the information & explanations given to me, no deposit has been accepted by the company under the preview of the provisions of section 58A and 58AA of Companies Act, 1956 and the rules madQ there under.

7. In our opinion the Company has an internal audit system commensurate with the size and nature of its business.

8. The Central Government has not prescribed maintenance of cost records under section 209( 1 )(d) of the Companies Act, 1956.

9. STATUTORY DUTIES

(a) According to the records of the company, the company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, investor education protection fund, employees state insurance, Income tax, sales tax, wealth tax, customs Duty, excise duty, cess and other statutory dues applicable to it with the appropriate authorities.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of Income Tax, Wealth Tax, Sales Tax, customs duty and excise duty & cess were outstanding as at 31 st March, 2013 for a period of more than six months from the date they became payable.

(c) According to the information and explanations given to us, & the records of the company examined by me the particulars of the dues of Income tax, wealth tax, sales tax, custom duty & cess as at 31st March, 2013 which have not been deposited on account of dispute are nil.

10. The company has not incurred any cash Loss during the period covered by our audit and no cash Loss during the immediately proceeding financial year. The accumulated losses of the company as on 31.03.2013 stands at Rs. 26823004/- which exceeds the net worth of the company by more than 50%. The accumulated losses of the company as on 31.03.2012 were Rs. 26952693/-

11. According to the records of the company examined by us and the information and explanations given by the management the company has not taken any loan from bank or financial institution, as at the balance sheet date.

12. The company has not granted any loans and advances on the basics of security by way of pledge of shares, debentures and other securities.

13. The company is not a chit fund/nidhi/mutual benefit fund/ societies. Hence sub clause (13) is not applicable to the company.

14. In our opinion the company is not a dealer or trader in shares, securities, debentures and other investments.

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

16. The company has not raised any term loans during the current financial year.

17. According to the information & explanation given to us & the overall examination of the balance sheet of the company, we report that no funds raised on short-term basis have been used for long term investment. No long-term funds have been used to finance short term assets except permanent working capital.

18. The company has not made preferential allotment of shares to parties and companies covered in the register maintained under section 301 of the companies Act, 1956.

19. The company has not raised any money by public issues during the year.

20 During the course of our examination of the books and records of the company carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, We have neither come across any instance of fraud on or by the company noticed or reputed during the year, nor have we been informed of such case by the management.

21. According to the information & explanation given to us, no fraud on or by the company has been noticed or reported during the course of our audit.

PLACE : AHMEDABAD FOR, MEHRA ANIL & ASSOCIATES

CHARTERED ACCOUNTANTS

DATE : 30/05/2013

(ANIL MEHRA)

PROPRIETOR

M.NO. 033052

FRNO. 117692W

---

Mar 31, 2012

We have audited the attached balance sheet of Kashyap Tele-Medicines Ltd. (Formerly known as Jindal Online.com Ltd.) as at 31st March'2012 and also the Profit and loss Account of the company for the year ended on that date annexed thereto. These Financial Statement are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements and Cash Flow based on our audit.

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

1. As required by the Companies (Auditors Report) order, 2003 issued by the Central Government in terms of Section 227(4A)of the Companies Act.,1956, we give in the annexure a statement on the matters specified in para 4 and 5 of the said order.

2. Further to our comments in the Annexure referred to in para 1 above, 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 accounts as required by law have been kept by the company so far as it appears from my examination of the books;

c) The Balance Sheet and the Profit & Loss Account dealt with by this report are in agreement with the books of accounts;

d) In our opinion Balance Sheet and Profit & Loss A/c of the company comply with the Accounting standards referred to in sub sec. (3C) of sec. 211 of The Companies Act.,1956.

e) On the basis of written representation from directors as on 31.03.2012 and taken on record by the Board of Directors, We report that none of the directors is disqualified as on 31.03.2012 from being appointed as a directors in terms of clause (g) of sub section (1) of section 274 of the Companies Act, 1956.

f) In our opinion and to the best of our information and according to the explanations given to me, the said accounts, read together with Notes thereon, give the information required by the Companies Act, 1956 in manner so required and give a true and fair view:

i) In the case of the Balance Sheet, of the state of affairs of the Company as at 31st March, 2012, and ii) In the case of Profit & Loss account, of the Profit for the year ended on 31 st March 2012. iii) In case of cash flow statement, of the cash flows for the year ended 31st March 2012.

(ANNEXURE TO THE AUDITOR'S REPORT)

1. FIXED ASSETS:-

(a) The Company has maintained proper records showing full particulars include Quantitative details & situation of fixed assets.

(b) We have been informed that during the year these assets were physically verified by the management and no discrepancies were found on such verification.

(c) Substantial part of the fixed assets has not been disposed off or revalued during the year.

2. INVENTORIES:-

(a) In our opinion and as per the information given to me, the procedures of physical verification of stocks adopted by the management is reasonable and adequate in relation to the size and the nature of its business carried out by the company.

(b) No discrepancies were found on physically verification of stock.

(c) In our opinion the method of valuation of the stocks is fair and proper and in accordance with the normally accepted accounting principles and is consistent with the method adopted in preceeding year.

3. LOANS

(a) The Company has not taken loans from companies, firms or other parties covered in the register maintained under sec. 301 of the Companies Act., 1956. The maximum amount outstanding during the year of such loans aggregate to Rs. Nil and the year ended balance being nil.

(b) The Company has granted unsecured loans to One party listed in the register maintained under section 301 of the Companies Act, 1956. The maximum amount outstanding during the year of such loans aggregate to Rs.2571350/- & the year ended balance being Rs. 2571350/-.

(c) In our opinion, the rate of interest and other terms and condition of such loans are not prima facie prejudicial to the interest company.

4. In our opinion & according to the information given to us, there is adequate internal control procedure commensurate with the size of the company and the nature of its business. Further on the basis of our examination of the books and the records of the company and according to the information and explanations given to us, We have neither come across nor have been informed of any continuing failure to correct major weakness in the aforesaid internal control procedure.

5. RELATED PARTY TRANSACTIONS

(a) In our opinion & according to the information and explanations given to us, there were no transactions that need to be entered in to the register in pursuance to section 301 of the companies Act, 1956 have been so entered.

(b) In our opinion and according to the information and explanation given to us there were no transactions made in pursuance of contracts or arrangement that needed to be entered in the register maintained under section 301 and exceeding the value of Rs.500000/- or in respect of any party hence clause 5 (b) is not applicable to the Company.

6. In our opinion and according to the information & explanations given to me, no deposit has been accepted by the company under the preview of the provisions of section 58A and 58AA of Companies Act, 1956 and the rules made there under.

7. In our opinion the Company has an internal audit system commensurate with the size and nature of its business.

8. The Central Government has not prescribed maintenance of cost records under section 209(1 )(d) of the Companies Act, 1956.

9. STATUTORY DUTIES

(a) According to the records of the company, the company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, investor education protection fund, employees state insurance, Income tax, sales tax, wealth tax, customs Duty, excise duty, cess and other statutory dues applicable to it with the appropriate authorities.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of Income Tax, Wealth Tax, Sales Tax, customs duty and excise duty & cess were in arrears as at 31 st March, 2012 for a period of six months from the date they became payable.

(c) According to the information and explanations given to us, & the records of the company examined by me the particulars of the dues of Income tax, wealth tax, sales tax, custom duty & cess as at 31s' March'2012 which have not been deposited on account of dispute are nil.

10. The company has not incurred any cash Loss during the period covered by our audit and no cash Loss during the immediately proceeding financial year. The accumulated losses of the company as on 31.03.2012 stands at Rs.26952693/- which exceeds the net worth of the company by more than 50%. The accumulated losses of the company as on 31.03.2011 were Rs.27262385/-.

11. According to the records of the company examined by us and the information and explanations given by the management the company has not taken any loan from bank or financial institution, as at the balance sheet date.

12. The company has not granted any loans and advances on the basics of security by way of pledge of shares, debentures and other securities.

13. The company is not a chit fund/nidhi/mutual benefit fund/ societies. Hence sub clause (13) is not applicable to the company.

14. In our opinion the company is not a dealer or trader in shares, securities, debentures and other investments.

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

16. The company has not raised any term loans during the current financial year.

17. According to the information & explanation given to us & the overall examination of the balance sheet of the company, we report that no funds raised on short-term basis have been used for long term investment. No long-term funds have been used to finance short term assets except permanent working capital.

18. The company has not made preferential allotment of shares to parties and companies covered in the register maintained under section 301 of the companies Act, 1956.

19. The company has not raised any money by public issues during the year.

20 During the course of our examination of the books and records of the company carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, We have neither come across any instance of fraud on or by the company noticed or reputed during the year, nor have we been informed of such case by the management.

21. According to the information & explanation given to us, no fraud on or by the company has been noticed or reported during the course of our audit.

PLACE : AHMEDABAD FOR, MEHRA ANIL & ASSOCIATES

CHARTERED ACCOUNTANTS DATE : 30/05/2012

(ANIL MEHRA)

PROPRIETOR

M.NO. 033052 _ FRNO. 117692W

---

Mar 31, 2011

We have audited the attached balance sheet of Kashyap Tele-Medicines Ltd. (Formerly known as Jindal Online.com Ltd.) as at 31st March'2011 and also the Profit and loss Account of the company for the year ended on that date annexed thereto. These Financial Statement are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit.

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

1. As required by the Companies (Auditors Report) order, 2003 issued by the Central Government in terms of Section 227(4A) of the Companies Act., 1956, we give in the annexure a statement on the matters specified in para 4 and 5 of the said order.

2. Further to our comments in the Annexure referred to in para 1 above, 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 accounts as required by law have been kept by the company so far as it appears from my examination of the books;

c) The Balance Sheet and the Profit & Loss Account dealt with by this report are in agreement with the books of accounts;

d) In our opinion Balance Sheet and Profit & Loss A/c of the company comply with the Accounting standards referred to in sub sec. (3C) ofsec.211 of The Companies Act,1956. except one mentioned atpoint Schedule -0(1)(G).

e) On the basis of written representation from directors as on 31.03.2011 and taken on record by the Board of Directors, We report that none of the directors is disqualified as on 31.03.2011 from being appointed as a directors in terms of clause (g) of sub section (1) of section 274 of the Companies Act, 1956.

f) In our opinion and to the best of our information and according to the explanations given to me, the said accounts, read together with Notes thereon, give the information required by the Companies Act, 1956 in manner so required and give a true and fair view:

i) In the case of the Balance Sheet, of the state of affairs of the Company as at 31st March, 2011, and ii) In the case of Profit & Loss account of the Profit for the year ended on 31st March 2011. iii) In case of cash flow statement, of the cash flows for the year ended 31st March 2011.

(ANNEXURE TO THE AUDITOR'S REPORT)

1. FIXED ASSETS :-

(a) The Company has maintained proper records showing full particulars include Quantitative details & situation of fixed assets.

(b) We have been informed that during the year these assets were physically verified by the management and no discrepancies were found on such verification.

(c) Substantial part of the fixed assets has not been disposed off or revalued during the year.

2. INVENTORIES:-

(a) In our opinion and as per the information given to me, the procedures of physical verification of stocks adopted by the management is reasonable and adequate in relation to the size and the nature of its business carried out by the company.

(b) No discrepancies were found on physically verification of stock.

(c) In our opinion the method of valuation of the stocks is fair and proper and in accordance with the normally accepted accounting principles and is consistent with the method adopted in preceeding year.

3. LOANS

(a) The Company has not taken loans from companies, firms or other parties covered in the register maintained under sec. 301 of the Companies Act.,1956. The maximum amount outstanding during the year of such loans aggregate to Rs. Nil and the year ended balance being nil.

(b) The Company has granted unsecured loans to One party listed in the register maintained under section 301 of the Companies Act, 1956. The maximum amount outstanding during the year of such loans aggregate to Rs.2571350/- & the year ended balance being Rs. 2571350/-.

(c) In our opinion, the rate of interest and other terms and condition of such loans are not prima facie prejudicial to the interest company.

4. In our opinion & according to the information given to us, there is adequate internal control procedure commensurate with the size of the company and the nature of its business. Further on the basis of our examination of the books and the records of the company and according to the information and explanations given to us, We have neither come across nor have been informed of any continuing failure to correct major weakness in the aforesaid internal control procedure.

5. RELATED PARTY TRANSACTIONS

(a) In our opinion & according to the information and explanations given to us, there were no transactions that need to be entered in to the register in pursuance to section 301 of the companies Act, 1956 have been so entered.

(b) In our opinion and according to the information and explanation given to us there were no transactions made in pursuance of contracts or arrangement that needed to be entered in the register maintained under section 301 and exceeding the value of Rs.500000/- or in respect of any party hence clause 5 (b) is not applicable to the Company.

6. In our opinion and according to the information & explanations given to me, no deposit has been accepted by the company under the preview of the provisions of section 58A and 58AA of Companies Act, 1956 and the rules made there under.

7. In our opinion the Company has an internal audit system commensurate with the size and nature of its business.

8. The Central Government has not prescribed maintenance of cost records under section 209(1 )(d) of the Companies Act, 1956.

9. STATUTORY DUTIES

(a) According to the records of the company, the company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, investor education protection fund, employees state insurance, Income tax, sales tax, wealth tax, customs Duty, excise duty, cess and other statutory dues applicable to it with the appropriate authorities.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of Income Tax, Wealth Tax, Sales Tax, customs duty and excise duty & cess were in arrears as at 31st March, 2011 for a period of six months from the date they became payable.

(c) According to the information and explanations given to us, & the records of the company examined by me the particulars of the dues of Income tax, wealth tax, sales tax, custom duty & cess as at 31st March'2011 which have not been deposited on account of dispute are nil.

10. The company has not incurred any cash Loss during the period covered by our audit and no cash Loss during the immediately proceeding financial year. The accumulated losses of the company as on 31.03.2011 stands at Rs.27262385/- which exceeds the net worth of the company by more than 50%. The accumulated losses of the company as on 31.03.2010 were Rs.27910066/-.

11. According to the records of the company examined by us and the information and explanations given by the management the company has not taken any loan from bank or financial institution as at the balance sheet date.

12. The company has not granted any 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/ societies. Hence sub clause (13) is not applicable to the company.

14. In our opinion the company is not a dealer or trader in shares, securities, debentures and other investments.

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

16. The company has not raised any term loans during the current financial year.

17. According to the information & explanation given to us & the overall examination of the balance sheet of the company, we report that no funds raised on short-term basis have been used for long term investment. No long-term funds have been used to finance short term assets except permanent working capital.

18. The company has not made preferential allotment of shares to parties and companies covered in the register maintained under section 301 of the companies Act, 1956.

19. The company has not raised any money by public issues during the year.

20 During the course of our examination of the books and records of the company carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, We have neither come across any instance of fraud on or by the company noticed or reputed during the year, nor have we been informed of such case by the management.

21. According to the information & explanation given to us, no fraud on or by the company has been noticed or reported during the course of our audit.

PLACE : AHMEDABAD FOR, MEHRA ANIL & ASSOCIATES DATE : 30/05/2011 CHARTERED ACCOUNTANTS

(ANIL MEHRA) PROPRIETOR M.NO. 033052 FRNO. 117692W

---

Mar 31, 2010

We have audited the attached balance sheet of Kashyap Tele-Medicines Ltd. (Formerly known as Jindal Online.com Ltd.) as at 31st March 2010 and also the Profit and loss Account of the company for the year ended on that date annexed thereto. These Financial Statement are the responsibility of the Companys management. Our responsibility is to express an opinion on these financial statements based on our audit.

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

1 As required by the Companies (Auditors Report) order, 2003 issued by the Central Government in terms of Section 227(4 A) of the Companies Act., 1956, we give in the annexure a statement on the matters specified in para 4 and 5 of the said order.

2 Further to our comments in the Annexure referred to in para 1 above, 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 accounts as required by law have been kept by the company so far as it appears from my examination of the books;

c) The Balance Sheet and the Profit & Loss Account dealt with by this report are in agreement with the books of accounts;

d) In our opinion Balance Sheet and Profit & Loss A/c of the company comply with the Accounting standards referred to in sub sec. (3C) of sec. 211 of The Companies Act.,1956. except one mentioned at point Schedule -0(1) (G).

e) On the basis of written representation from directors as on 31.03.2010 and taken on record by the Board of Directors, We report that none of the directors is disqualified as on 31.03.2010 from being appointed as a directors in terms of clause (g) of sub section (1) of section 274 of the Companies Act, 1956.

f) In our opinion and to the best of our information and according to the explanations given to me, the said accounts, read together with Notes thereon, give the information required by the Companies Act, 1956 in manner so required and give a true and fair view:

i) In the case of the Balance Sheet, of the state of affairs of the Company as at 31st March, 2010, and i) In the case of Profit & Loss account of the Profit for the year ended on 31st March 2010. iii) In case of cash flow statement, of the cash flows for the year ended 3 1st March 2010.

(ANNEXURE TO THE AUDITORS REPORT)

1. FIXED ASSETS :-

(a) The Company has maintained proper records showing full particulars include Quantitative details & situation of fixed assets.

(b) We have been informed that during the year these assets were physically verified by the management and no discrepancies were found on such verification.

(c) Substantial part of the fixed assets has not been disposed off or revalued during the year.

2. INVENTORIES :-

(a) In our opinion and as per the information given to me, the procedures of physical verification of stocks adopted by the management is reasonable and adequate in relation to the size and the nature of its business carried out by the company.

(b) No discrepancies were found on physically verification of stock.

(c) In our opinion the method of valuation of the stocks is fair and proper and in accordance with the normally accepted accounting principles and is consistent with the method adopted in preceeding year.

3. LOANS :-

(a) The Company has not taken loans from companies, firms or other parties covered in the register maintained under sec. 301 of the Companies Act.,1956. The maximum amount outstanding during the year of such loans aggregate to Rs. Nil and the year ended balance being nil.

(b) The Company has granted unsecured loans to One party listed in the register maintained under section 301 of the Companies Act, 1956. The maximum amount outstanding during the year of such loans aggregate to Rs. 1771350/-& the year ended balance being Rs. 1721350/-.

(c) In our opinion, the rate of interest and other terms and condition of such loans are not prima facie prejudicial to the interest company.

4. In our opinion & according to the information given to us, there is adequate internal control procedure commensurate with the size of the company and the nature of its business. Further on the basis of our examination of the books and the records of the company and according to the information and explanations given to us. We have neither come across nor have been informed of any continuing failure to correct major weakness in the aforesaid internal control procedure.

5. RELATED PARTY TRANSACTIONS

(a) In our opinion & according to the information and explanations given to us. there were no transactions that need to be entered in to the register in pursuance to section 301 of the companies Act, 1956 have been so entered.

(b) In our opinion and according to the information and explanation given to us there were no transactions made in pursuance of contracts or arrangement that needed to be entered in the register maintained under section 301 and exceeding the value of Rs. 500000/- or in respect of any party hence clause 5 (b) is not applicable to the Company.

6. In our opinion and according to the information & explanations given to me, no deposit has been accepted by the company under the preview of the provisions of section 58 A and 58AA of Companies Act, 1956 and the rules made there under.

7. In our opinion the Company has an internal audit system commensurate with the size and nature of its business.

8. The Central Government has not prescribed maintenance of cost records under section 209( l)(d) of the Companies Act, 1956.

9. STATUTORYDUTTES

(a) According to the records of the company, the company is regular in depositing with appropriate authorities undisputed statutory dues including provident fund, investor education protection fund, employees state insurance, Income tax. sales tax. wealth tax. customs Duty, excise duty, cess and other statutory dues applicable to it with the appropriate authorities.

(b) According to the information and explanations given to us, no undisputed amounts payable in respect of Income Tax, Wealth Tax. Sales Tax, customs duty and excise duty & cess were in arrears as at 31 st March, 2010 for a period of six months from the date they became payable.

(c) According to the information and explanations given to us, & the records of the company examined by me the particulars of the dues of Income tax, wealth tax, sales tax, custom duty & cess as at 31st March 2010 which have not been deposited on account of dispute are nil.

10 The company has not incurred any cash Loss during the period covered by our audit and no cash Loss during the immediately proceeding financial year. The accumulated losses of the company as on 31.03.2010 stands at Rs.27910066/- which exceeds the net worth of the company by more than 50%. The accumulated losses of the company as on 31.03.2009 were Rs.27969428/-.

11. According to the records of the company examined by us and the information and explanations given by the management the company has not taken any loan from bank or financial institution, as at the balance sheet date.

12. The company has not granted any loans and advances on the basics of security by way of pledge of shares, debentures and other securities.

13. The company is not a chit fund/ nidhi/ mutual benefit fund/ societies. Hence sub clause (13) is not applicable to the company.

14. In our opinion the company is not a dealer or trader in shares, securities, debentures and other investments.

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

16. The company has not raised any term loans during the current financial year.

17. According to the information & explanation given to us & the overall examination of the balance sheet of the company, we report that no funds raised on short-term basis have been used for long term investment. No long-term funds have been used to finance short term assets except permanent working capital.

18. The company has not made preferential allotment of shares to parties and companies covered in the register maintained under section 301 of the companies Act, 1956.

19. The company has not raised any money by public issues during the year.

20 During the course of our examination of the books and records of the company carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, We have neither come across any instance of fraud on or by the company noticed or reputed during the year, nor have we been informed of such case by the management.

21. According to the information & explanation given to us, no fraud on or by the company has been noticed or reported during the course of our audit.

PLACE : AHMEDABAD FOR,MEHRA ANIL & ASSOCIATES

DATE : 30.05.2010 CHARTERED ACCOUNTANTS

(ANIL MEHRA)

PROPRIETOR

M.NO. 033052

FRNO. 117692W