Aspire & Innovative Advertising Ltd Auditor Reports

To the Members of Aspire & Innovative Advertising Limited
Report on the Audit of the Standalone Financial Statements
Opinion

We have audited the financial statements of Aspire & Innovative
Advertising Limited, which comprise the Balance Sheet as
at 31 March 2026, the statement of Profit and Loss and the
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 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, of
the state of affairs of the Company as at March 31, 2026, and
profit for the year ended on that date and its cash flows on that
date.

Basis for Opinion

We conducted our audit 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 Auditors Responsibilities for the
Audit of the Financial Statements section of our report. We are
independent of the Company in accordance with the Code of
Ethics issued by the Institute of Chartered Accountants of India
together with the ethical requirements that are relevant to our
audit of the financial statements under the provisions of the
Companies Act, 2013 and the Rules there under, and we have
fulfilled our other ethical responsibilities in accordance with
these requirements and the Code of Ethics. We believe that the
audit evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.

Information Other than the Financial Statements and Auditors
Report Thereon

The Companys Board of Directors is responsible for the other
information. The other information comprises the information
included in the Management Discussion and Analysis, Boards
Report including Annexures to Boards Report, Business
Responsibility and Sustainability Report, Corporate Governance
and Shareholders Information, but does not include the
consolidated financial statements, Standalone Financial
Statements and our auditors report thereon.

Our opinion on the Standalone 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 Standalone Financial
Statements, our responsibility is to read the other information
and, in doing so, consider whether the other information
is materially inconsistent with the Standalone Financial
Statements or our knowledge obtained during the course of our
audit or otherwise appears to be materially misstated.

If, based on the work we have performed, 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.

Responsibility of Management and Those Charged with
Governance for Standalone Financial Statements

The Companys 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 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 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 Companys ability to continue as
a going concern, disclosing, as applicable, matters related to
going concern and using the going concern basis of accounting
unless management either intends to liquidate the Company or
to cease operations, or has no realistic alternative but to do so.

That Board of Directors are also responsible for overseeing the
companys financial reporting process.

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

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

- Evaluate the overall presentation, structure and content
of the financial statements, including the disclosures, and
whether the financial statements represent the underlying
transactions and events in a manner that achieves fair
presentation.

Materiality is the magnitude of misstatements in the Standalone
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 standalone financial statements
of the current period and are therefore the key audit matters.
We describe these matters in our auditors report unless law
or regulation precludes public disclosure about the matter or
when, in extremely rare circumstances, we determine that
a matter should not be communicated in our report because
the adverse consequences of doing so would reasonably be
expected to outweigh the public interest benefits of such
communication.

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
and the Statement of Cash Flows dealt with by this
Report are in agreement with the books of accounts;

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, to the extent
applicable;

e) On the basis of the written representations received
from the directors as on 31st March, 2026 taken on
record by the Board of Directors, none of the directors
is disqualified as on 31st March, 2026 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 Companys internal
financial controls over financial reporting;

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

h) With respect to the other matters to be included in
the Auditors Report in accordance with Rule 11 of
the Companies (Audit and Auditors) Rules, 2014, in
our opinion and to the best of our information and
according to the explanations given to us:

i) The Company does not have any pending litigations
which would impact its financial position.

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,
other than as disclosed in the notes to the
accounts, no funds have been advanced or
loaned or invested (either from borrowed
funds or share premium or any other sources
or kind of funds) by the company to or in
any other person(s) or entity(ies), including
foreign entities ("Intermediaries"), with the
understanding, whether recorded in writing
or otherwise, that the Intermediary shall,
whether, directly or indirectly lend or invest

in other persons or entities identified in
any manner whatsoever by or on behalf of
the company ("Ultimate Beneficiaries") or
provide any guarantee, security or the like on
behalf of the Ultimate Beneficiaries;

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

(c) Based on audit procedures which we
considered reasonable and appropriate in
the circumstances, nothing has come to their
notice that has caused them to believe that
the representations under sub-clause (i) and
(ii) contain any material mis-statement.

v) The company has not declared or paid any
dividend during the year in contravention of the
provisions of section 123 of the Companies Act,
2013.

vi) Based on our examination, which included
test checks, the Company has used accounting
software for maintaining its books of account for
the financial year ended March 31, 2026 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 tampered with.

We confirm that the audit trail has been preserved
by the company in accordance with the statutory
requirements for record retention.

2. As required by the Companies (Auditors Report) Order,
2020 ("the Order"), issued by the Central Government of
India in terms of sub-section (11) of section 143 of the
Companies Act, 2013, we give Annexure-B, a statement on
the matters specified in the paragraph 3 and 4 of the order.

For S I G M A C & Co.

Chartered Accountants
Firm Regn. No. - 116351W
Rajeev Gupta
Membership No.: 513388
UDIN: 26513388BMNDLH4863

Date: 30-May-2026

Place: Gurugram, Haryana

"Annexure" - A to the Auditors Report

Report on the Internal Financial Controls under Clause (i) of
Sub-section 3 of Section 143 of the Companies Act, 2013 ("the
Act")

We have audited the internal financial controls over financial
reporting of Aspire & Innovative Advertising Limited ("the
Company") as of 31 March 2026 in conjunction with our audit
of the standalone financial statements of the Company for the
year ended on that date.

Managements Responsibility for Internal Financial Controls

The Companys management is responsible for establishing
and maintaining internal financial controls based on the
internal control over financial reporting criteria established
by the Company considering the essential components of
internal control stated in the Guidance Note on Audit of
Internal Financial Controls over Financial Reporting issued
by the Institute of Chartered Accountants of India (ICAI).
These responsibilities include the design, implementation and
maintenance of adequate internal financial controls that were
operating effectively for ensuring the orderly and efficient
conduct of its business, including adherence to companys
policies, the safeguarding of its assets, the prevention and
detection of frauds and errors, the accuracy and completeness
of the accounting records, and the timely preparation of
reliable financial information, as required under the Companies
Act, 2013.

Auditors Responsibility

Our responsibility is to express an opinion on the Companys
internal financial controls over financial reporting based on
our audit. We conducted our audit in accordance with the
Guidance Note on Audit of Internal Financial Controls over
Financial Reporting (the "Guidance Note") and the Standards
on Auditing, issued by ICAI and deemed to be prescribed
under section 143(10) of the Companies Act, 2013, to the
extent applicable to an audit of internal financial controls, both
applicable to an audit of Internal Financial Controls and, both
issued by the Institute of Chartered Accountants of India. Those
Standards and the Guidance Note require that we comply
with ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether adequate internal
financial controls over financial reporting was established
and maintained and if such controls operated effectively in all
material respects.

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

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

Meaning of Internal Financial Controls over Financial Reporting

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

Inherent Limitations of Internal Financial Controls over
Financial Reporting

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

Opinion

In our opinion, the Company has, in all material respects, an
adequate internal financial controls system over financial
reporting and such internal financial controls over financial
reporting were operating effectively as at 31 March 2026,
based on the internal control over financial reporting criteria
established by the Company considering the essential
components of internal control stated in the Guidance Note
on Audit of Internal Financial Controls Over Financial Reporting
issued by the Institute of Chartered Accountants of India.

For S I G M A C & Co.

Chartered Accountants
Firm Regn. No. - 116351W
Rajeev Gupta
Membership No.: 513388
UDIN: 26513388BMNDLH4863
Date: 30-May-2026

Place: Gurugram, Haryanaa

"Annexure B" to the Independent Auditors Report

(Referred to in paragraph 2 under the heading Report on
Other Legal & Regulatory Requirement section of our report
to the Members of Aspire & Innovative Advertising Limited of
even date)

To the best of our information and according to the explanations
provided to us by the Company and the books of account and
records examined by us in the normal course of audit, we state
that:

1) In respect of the Companys Property, Plant and Equipment

and Intangible Assets:

(a) (A) The Company has maintained proper records

showing full particulars, including quantitative
details and situation of Property, Plant and
Equipment and relevant details of right-of-use
assets.

(B) The Company has maintained proper records
showing full particulars of intangible assets.

(b) The Property, Plant and Equipment have been
physically verified by the management every year,
which in our opinion is reasonable having regard to
the size of the company and nature of its business.
Pursuant to the program, all the fixed assets have
been physically verified by the management during
the year and no material discrepancies between the
books records and the physical fixed assets have been
noticed.

(c) The title deeds of all the immovable properties (other
than properties where the Company is the lessee and
the lease agreements are duly executed in favor of the
lessee) disclosed in the financial statements are held
in the name of the company.

(d) The Company has not revalued its Property, Plant and
Equipment (including Right of Use assets) or intangible
assets or both during the year.

(e) No proceedings have been initiated or are pending
against the company for holding any benami property
under the Benami Transactions (Prohibition) Act, 1988
(45 of 1988) and rules made thereunder. Accordingly
reporting under clause 1 (e) of the Order is not
applicable to the Company.

2) (a) The management has conducted the physical

verification of inventory at reasonable intervals, which
in our opinion is reasonable having regard to the size of
the company and nature of its business. Management
has not noticed discrepancy of more than 10% or more
in the aggregate for each class of inventory.

b) The Company got working capital limits sanctioned
in excess of ^ 5 Crores in aggregate. However, as
informed by management to us, there is no such
requirement of the bank for submission of quarterly

return or statement, hence, such statements are not
submitted to the bank by the Company.

3) As per the information and explanations given to us,
during the year, the company has not made investments
in, provided any guarantee or security in the nature of
loans secured or unsecured to companies, firms, Limited
liability partnerships or any other parties. However,

Company granted loans or advances in the nature of
loans to Companies and other parties.

(a) Company granted loans or advances as listed below.

A. The Company has not provided any loans or advances
and guarantees or security to subsidiaries, joint
ventures and associates.

B. The Company has provided loans or advances to parties other than subsidiaries, joint ventures and associates as listed
below:

S. No. Name of Party	Aggregate amount during the year (in INR Lakhs)	Balance outstanding at the Balance Sheet Date (in INR Lakhs)
1 Sugmya Finance Private Limited	6,975.00	3.81
2 Swara Fincare Limited	4,321.19	-
3 Koshish Marketing Solutions Private Limited	1,335.00	-
4 Boatman Advisers Private Limited	500.00	-
5 Tremis Consultancy LLP	400.00	400.00
6 Sagacious Capital Private Limited	300.00	-
7 Narayani Resources Private Limited	50.00	-
8 Atsamul Haque Khan	25.00	20.50
9 Pavitra Soull Global Trading Company	10.00	10.00
10 Ananta Medsol Limited	-	-
11 Vikas Singh HUF	-	50.00
12 Sarala Development & Microfinance Private Limited	-	125.87

(b) As per information and explanation given to us, terms
and condition of grant of all loans and advances are not
prejudicial to the Companys interest.

(c) In respect of loans and advances, schedule of
repayment of principal and payment of interest has
been stipulated. In our opinion and according to the
information and explanations given to us, repayment of
principal and interest is regular.

(d) In respect of loans and advances, according to the
information and explanations given to us, there is no
amount overdue for a period of ninety days or more.

(e) In respect of loans and advances which has fallen
due during the year, there is no amount renewed or
extended or fresh loans granted to settle the overdues
of existing loans given to the same parties.

(f) As per information and explanation given to us, the
Company has not granted any loans or advances in the
nature of loans which are either repayable on demand
or without specifying any terms or period of repayment.
Hence, reporting under clause 3(iii)(f) is not applicable.

4) In our opinion and according to the information and
explanations given to us, the company has complied with
the provisions of section 185 and I86 of the Companies
Act, 2013 in respect of loans, investments, guarantees, and
security.

5) The Company has not accepted any deposits from the
public and hence the directives issued by the Reserve
Bank of India and the provisions of Sections 73 to 76 or
any other relevant provisions of the Act and the Companies
(Acceptance of Deposit) Rules, 2015 with regard to the
deposits accepted from the public are not applicable.

6) The Central Governments has not specified the
maintenance of Cost Records under sub-section (1) of
Section 148 of the Act, in respect of Companys products/
business activity. Accordingly, reporting under clause 6 of
the Order is not applicable.

7) (a) In our Opinion, and according to information and

explanations given to us and on the basis of our
examination of the books of account, and records,
the Company has been generally regular in depositing
undisputed statutory dues including Provident Fund,
Employees State Insurance, Income-Tax, Duty of
Customs, Duty of Excise, GST, Cess and any other
statutory dues with the appropriate authorities to the
extent applicable on company, though the instances of
minor delays noted by us. According to the information
and explanations given to us, no undisputed amounts
payable in respect of the above were in arrears as at
March 31, 2026 for a period of more than six months
from the date on when they become payable.

b) According to the information and explanation given
to us, below are the statutory dues as referred in sub
clause (a) which have not been deposited with the
appropriate authorities on account of dispute.

S. No.	Nature of Contingent Liability	Financial Year	As on 31st March 2026 (in Lakhs)
1	Goods and Services Tax	2019-20	161.69
2	Goods and Services Tax	2019-20	10.31
3	Goods and Services Tax	2020-21	17.36

8) There were no transactions relating to previously

unrecorded income that have been surrendered or

disclosed as income during the year in the tax assessments

under the Income Tax Act, 1961 (43 of 1961).

9) (a) The Company has not defaulted in repayment of loans

or other borrowings or in the payment any interest
thereon to the lender.

(b) The Company has not been declared wilful defaulter
by any bank or financial institution or government or
any government authority.

(c) The Company has applied amount of term loans for
the purpose for which the loans were obtained.

(d) On an overall examination of the financial statements
of the Company, funds raised on short-term basis
have, prima facie, not been used during the year for
long-term purposes by the Company.

(e) On an overall examination of the financial statements
of the Company, the Company has not taken any funds
from any entity or person on account of or to meet
the obligations of its subsidiaries, associates or joint
ventures.

(f) The Company has not raised any loans during the year
on pledge of securities held in its subsidiaries, joint
ventures or associate companies and hence reporting
on clause 3(ix)(f) of the Order is not applicable.

10) (a) The Company has raised moneys of INR 2,196.72

Lakhs by way of initial public offer during the year out
of which INR 1,968.03 were applied for the purposes
for which those are raised during the current financial
year. As per Prospectus issued by the Company,
the Company is required to use an amount of INR
2,196.72 Lakhs by 31^st March 2026. Accordingly, there
is delay in utilization of INR 228.69 Lakhs. There is no
subsequent rectification.

(b) During the year, the Company has not made any
preferential allotment or private placement of shares
or convertible debentures (fully, partly or optionally
convertible) during the year. In our opinion and
information and explanation given to us, reporting
under this clause is not applicable to the company.

11) (a) No fraud by the Company and no material fraud on

the Company has been noticed or reported during the
year.

(b) No report under sub-section (12) of section 143 of
the Companies Act has been filed in Form ADT-4 as
prescribed under rule 13 of Companies (Audit and
Auditors) Rules, 2014 with the Central Government,
during the year and upto the date of this report.

(c) We have taken into consideration the whistle blower
complaints received, if any, by the Company during
the year (and upto the date of this report), while
determining the nature, timing and extent of our audit
procedures.

12) The Company is not a Nidhi Company. Therefore, the
provisions of clause 4 (xii) of the Order are not applicable
to the Company.

13) Based upon the audit procedures performed and the
information and explanations given by the management,
all transactions with the related parties are in compliance
with the sections 177 and 188 of the Companies Act, 2013.

14) (a) In our Opinion, and according to information and

explanations given to us the company has an internal
audit system commensurate with the size and nature
of the business.

(b) We have considered the report(s) of Internal Auditors
for the period under audit.

15) In our opinion during the year the Company has not entered
into any non-cash transactions with its Directors or persons
connected with its directors and hence provisions of
section 192 of the Companies Act, 2013 are not applicable
to the Company.

16) (a) In our opinion, the Company is not required to be

registered under section 45-IA of the Reserve Bank of
India Act, 1934. Hence, reporting under clause 3(xvi)
(a), (b) and (c) of the Order is not applicable.

(b) In our opinion, there is no core investment company
within the Group (as defined in the Core Investment
Companies (Reserve Bank) Directions, 2016) and
accordingly reporting under clause 3(xvi)(d) of the
Order is not applicable.

17) The Company has not incurred cash losses during the
financial year covered by our audit and the immediately
preceding financial year.

18) There has been no resignation of the statutory auditors of
the Company during the year.

19) On the basis of the financial ratios, ageing and expected
dates of realisation of financial assets and payment of
financial liabilities, other information accompanying the
financial statements and our knowledge of the Board
of Directors and Management plans and based on our
examination of the evidence supporting the assumptions,
nothing has come to our attention, which causes us to
believe that any material uncertainty exists as on the date
of the audit report indicating that Company is not capable
of meeting its liabilities existing at the date of balance
sheet as and when they fall due within a period of one year
from the balance sheet date. We, however, state that this is
not an assurance as to the future viability of the Company.
We further state that our reporting is based on the facts
up to the date of the audit report and we neither give any
guarantee nor any assurance that all liabilities falling due
within a period of one year from the balance sheet date,
will get discharged by the Company as and when they fall
due.

20) (a) There is no unspent amount towards Corporate Social

Responsibility (CSR) as on the last date of the year
requiring a transfer to a Fund specified in Schedule

VII to the Companies Act in compliance with second
proviso to sub-section (5) of Section 135 of the said Act.
Hence, reporting under this clause is not applicable.

(b) There is no amount remaining unspent under sub-
section (5) of section 135 of the Companies Act,
pursuant to any ongoing project, which needs to be
transferred to special account in compliance with
the provision of sub-section (6) of section 135 of the
said Act. Hence, reporting under this clause is not
applicable.

21) The reporting under clause (xxi) is not applicable in respect
of the Standalone statements of the Company. Accordingly,
no comment has been included in respect of said clause
under this report.

For S I G M A C & Co.

Chartered Accountants
Firm Regn. No. - 116351W
Rajeev Gupta
Membership No.: 513388
UDIN: 26513388BMNDLH4863

Date: 30-May-2026

Place: Gurugram, Haryanaa