To the Members of
Focus Lighting and Fixtures Limited
CIN L31500MH2005PLC155278
Report on the Audit of the Standalone Financial Statements Opinion
We have audited the Standalone financial statements of Focus Lighting and Fixtures
Limited ("the Company"), which comprise the balance sheet as at 31st March
2023, and the statement of Profit and Loss including the Statement of Other Comprehensive
income, statement of cash flows and Statement of changes in Equity for the year then
ended, and notes to the standalone financial statements, including a summary of
significant accounting policies and other explanatory information.
In our opinion and to the best of our information and according to the explanations
given to us, the aforesaid standalone financial statements give the information required
by the Companies Act, 2013 ("the Act") in the manner so required and give a true
and fair view, in conformity with the accounting principles generally accepted in India,
of the state of affairs of the Company as at March 31, 2023, its profit and other
comprehensive income, and its cash flows and the changes in Equity for the year ended 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 Act and the Rules thereunder, and we have
fulfilled our other ethical responsibilities in accordance with these requirements and the
Code of Ethics. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Key audit matters
Key audit matters are those matters that, in our professional judgment, were of most
significance in our audit of the standalone financial statements of the current period.
These matters were addressed in the context of our audit of the standalone financial
statements as a whole, and in forming our opinion thereon, and we do not provide a
separate opinion on these matters.
There are no Key Audit Matters Reportable as per SA 701 issued by ICAI.
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 such 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.
Responsibilities of Management for the Standalone Financial Statements
The Companys Board of Directors is responsible for the matters stated in section
134(5) of the Act with respect to the preparation of these standalone financial statements
that give a true and fair view of the financial position, financial performance including
other comprehensive income, cash flows and changes in equity of the Company in accordance
with the accounting principles generally accepted in India, including the Indian
Accounting Standards (Ind AS) specified under section 133 of the Act read with the
Companies (Indian Accounting Standards) Rules, 2015, as amended. 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 the 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 standalone financial
statements that give a true and fair view and are free from material misstatement, whether
due to fraud or error.
In preparing the standalone 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.
Those Board of Directors are also responsible for overseeing the Companys financial
reporting process. Auditors Responsibilities for the Audit of the Standalone Financial
Statements
Our objectives are to obtain reasonable assurance about whether the standalone
financial statements as a whole are free from material misstatement, whether due to fraud
or error, and to issue an 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 standalone 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 standalone
financial statements, whether due to fraud or error, design and perform audit procedures
responsive to those risks, and obtain audit evidence that is sufficient and appropriate to
provide a basis for our opinion. The risk of not detecting a material misstatement
resulting from fraud is higher than for one resulting from error, as fraud may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of internal
control.
• 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 Act, we are also responsible for expressing our opinion on whether the Company has
adequate internal financial controls with reference to financial statements in place and
the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness
of accounting estimates and related disclosures made by management.
• Conclude on the appropriateness of managements use of the going concern basis
of accounting and, based on the audit evidence obtained, whether a material uncertainty
exists related to events or conditions that may cast significant doubt on the Companys
ability to continue as a going concern. If we conclude that a material uncertainty exists,
we are required to draw attention in our auditors report to the related disclosures in
the financial statements or, if such disclosures are inadequate, to modify our opinion.
Our conclusions are based on the audit evidence obtained up to the date of our auditors
report. However, future events or conditions may cause the Company to cease to continue as
a going concern.
• Evaluate the overall presentation, structure and content of the standalone
financial statements, including the disclosures, and whether the standalone financial
statements represent the underlying transactions and events in a manner that achieves fair
presentation.
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
for the financial year ended March 31, 2023 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 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 in the "Annexure A" a
statement on the matters specified in paragraphs 3 and 4 of the Order, to the extent
applicable.
2. As required by Section 143(3) of the Act, we report that:
(1) 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.
(2) In our opinion, proper books of account as required by law have been kept by the
Company so far as it appears from our examination of those books.
(3) The Balance Sheet, the Statement of Profit and Loss and Other Comprehensive Income
, the Cash Flow Statement and statement of changes in Equity dealt with by this Report are
in agreement with the books of account.
(4) In our opinion, the aforesaid standalone financial statements comply with the
Indian Accounting Standards (INDAS) specified under Section 133 of the Act, read with Rule
7 of the Companies (Accounts) Rules, 2014.
(5) On the basis of the written representations received from the directors as on 31st
March, 2023 taken on record by the Board of Directors, none of the directors is
disqualified as on 31st March, 2023 from being appointed as a director in terms of Section
164(2) of the Act.
(6) With respect to the adequacy of the internal financial controls with reference to
standalone financial statements of the Company and the operating effectiveness of such
controls, the audit opinion is given in Annexure B forming part of this report.
(7) 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.
(8) 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:
(a) The Company has disclosed details regarding pending litigations in Note 1.18 of
financial statements, which would impact its financial position.
(b) The Company does not have any long-term contracts including derivative contracts
for which there were any material foreseeable losses.
(c) There were no amounts which were required to be transferred to the Investor
Education and Protection Fund by the Company.
(d) (i) 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;
(ii) 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
(iii) 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.
(e) The Final dividend proposed in the previous year, declared and paid by the Company
during the year is in accordance with Section 123 of the Act, as applicable.
(f) Proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014 for maintaining books
of account using accounting software which has a feature of recording audit trail (edit
log) facility is applicable to the Company with effect from April 1, 2023, and
accordingly, reporting under Rule 11(g) of Companies (Audit and Auditors) Rules, 2014 is
not applicable for the financial year ended March 31, 2023.
For N P Patwa and Company
Chartered Accountants
FRN 107845W
UDIN : 23042384BGWAQS2153
Sd/-
Jitendra Shah
Partner
Membership Number- 42384
Date: 03.05.2023
Place: Mumbai
ANNEXURE A TO THE INDEPENDENT AUDITORS REPORT
Report 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 (Refer to in paragraph 1 under Report on Other
Legal and Regulatory Requirements section of our report of even date) With reference to
the Annexure A referred to in the Independent Auditors Report to the members of the
Company on the standalone financial statements for the year ended March 31, 2023,
We report the following:
1.
(A) The Company has proper records related to full particulars including quantitative
details and situation of Property, Plant and Equipment.
(B) The Company maintains proper records and related particulars in relation to the
intangible asset.
(C) All fixed assets have not been physically verified by the management during the
year but there is a regular programme of verification which, in our opinion, is reasonable
having regard to the size of the Company and the nature of its assets. No material
discrepancies were noted on such verification. The immovable properties are held in the
name of the company.
(D) The title deeds of all the immovable properties (other than properties where the
Company is the lessee and the lease arrangement are duly executed in favour of the lessee)
are in held in the name of the Company
(E) The company has not revalued its Property, Plant and Equipment during the year.
Therefore, the provisions of Clause (i)(d) of paragraph 3 of the order are not applicable
to the company.
(F) 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. Therefore, the provisions of Clause (i)(e) of paragraph 3 of the
order are not applicable to the company
2.
(A) In our opinion, physical verification of inventory has been conducted at reasonable
intervals by the management and the coverage and procedure of such verification by the
management is appropriate. No material discrepancies were noticed on such verification.
(B) As disclosed in note 1.27 to the standalone financial statements, the Company has
been sanctioned working capital limits in excess of five crores in aggregate from banks
during the year on the basis of security of current assets of the Company. Based on the
records examined by us in the normal course of audit of the financial statements, the
quarterly returns/ statements filed by the Company with such banks and financial
institutions are in agreement with the books of accounts of the Company.
3. (a) During the year the Company has provided loans, advances in the nature of loans
and stood guarantee to companies as follows :
Rupees in Lacs
|
Guarantees |
Security |
Loans |
Advance In Nature of Loans |
| Aggregate amount granted/ provided during the year - Subsidiaries
Aggregate amount granted/ provided during the year - Subsidiaries |
Nil |
Nil |
Nil |
Nil |
| Aggregate amount granted/ provided during the year - Associates |
Nil |
Nil |
39.73 |
Nil |
| Balance outstanding as at balance sheet date in respect of above cases -
Subsidiaries |
Nil |
Nil |
113.17 |
Nil |
| Balance outstanding as at balance sheet date in respect of above cases -
Associaties |
Nil |
Nil |
99.58 |
Nil |
(b) During the year the investments made, guarantees provided, security given and the
terms and conditions of the grant of all loans and advances in the nature of loans,
investments and guarantees to companies are not prejudicial to the Companys interest.
(c) In respect of loans and / or advance in the nature of loans granted to companies,
the schedule of repayment of principal and payment of interest has been stipulated and the
repayment or receipts are regular
(d) There were no loans or advance in the nature of loan granted to companies which was
fallen due during the year, that have been renewed or extended or fresh loans granted to
settle the overdues of existing loans given to the same parties.
(e) The Company has not granted any loans or advances in the nature of loans, either
repayable on demand or without specifying any terms or period of repayment to companies
Accordingly, the requirement to report on clause 3(iii)(f) of the Order is not applicable
to the Company
4. Loans, investments, guarantees and security in respect of which provisions of
sections 185 and 186 of the Companies Act, 2013 are applicable have been complied with by
the Company.
5. In our opinion and according to the information and explanations given to us, the
Company has not accepted any deposits from public. Therefore, the provisions of Clause (v)
of paragraph 3 of the order are not applicable to the Company.
6. As explained to us, the Central Government of India has not specified the
maintenance of cost records under sub-section (1) of Section 148 of the Act for the
company.
7.
(A) The Company is generally regular in depositing undisputed statutory dues including
Provident Fund, Employees State Insurance, Income tax, Sales Tax, Wealth tax, Service tax,
Duty of Customs, duty of Excise, Value Added Tax, GST, Cess and other statutory dues with
the appropriate authorities to the extent applicable to it. There are no undisputed
amounts payable in respect of income tax, wealth tax, service tax, sales tax, value added
tax, duty of customs, duty of excise or cess which have remained outstanding as at March
31, 2023 for a period of more than 6 months from the date they became payable.
(B) According to the information and explanations given to us, there are not any
statutory dues referred in sub- clause (a) which have not been deposited on account of any
dispute except TDS under Income Tax Act, 1961 as per detailed given below:
Statute |
Nature of dues |
Amount (Rs.in lakhs) |
Period to which the amount relates |
Forum where the dispute is pending |
| Income Tax Dues |
TDS |
5.50 |
Periods from 200708 to 2016-2017 |
Assessing Officer for rectification |
| Income Tax Dues |
TDS |
76.91 |
Periods from 20192020 and 2020-21 |
Assessing Officer for rectification |
8. In our opinion and according to the information and explanations given to us, there
is not any transaction not recorded in the books of account 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) In our opinion and according to the information and explanations given to us, the
Company has not defaulted in repayment of any loan or other borrowings or any interest due
thereon to any lender.
(B) In our opinion and according to the information and explanations given to us, the
company has not been a declared wilful defaulter by any bank or financial institution or
other lender.
(C) In our opinion and according to the information and explanations given to us, the
loans were applied for the purpose for which the loans were obtained.
(D) In our opinion and according to the information and explanations given to us, there
are no funds raised on short term basis which have been utilised for long term purposes.
(E) In our opinion and according to the information and explanations given to us, 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) In our opinion and according to the information and explanations given to us, the
company has not raised loans during the year on the pledge of securities held in its
subsidiaries, joint ventures or associate companies.
10.
(A) The Company has not raised money by way of initial public offer or further public
offer (including debt instruments). Therefore, the provisions of Clause (x)(a) of
paragraph 3 of the order are not applicable to the Company.
(B) In our opinion and according to the information and explanations given to us, the
company has made preferential allotment or private placement of shares during the year and
the requirements of section 42 and section 62 of the Companies Act, 2013 have been
complied with and the funds raised have been used for the purposes for which the funds
were raised.
11.
(A) We have not noticed any case of fraud by the company or any fraud on the Company by
its officers or employees during the year. The management has also not reported any case
of fraud during the year.
(B) In view of the comments in para (A) above and the fact that there is fraud detected
during the course of audit, we are not required to file report under sub-section (12) of
section 143 of the Companies Act.
(C) As auditor, we did not receive any whistle- blower complaint during the year.
12. The company is not a Nidhi Company. Therefore, the provisions of Clause (xii) of
paragraph 3 of the order are not applicable to the Company.
13. As per the information and explanations received to us all transactions with the
related parties are in compliance with sections 177 and 188 of Companies Act where
applicable, and the details have been disclosed in the financial statements, etc., as
required by the applicable accounting standards. Identification of related parties were
made and provided by the management of the company.
14. (a) The Company has an internal audit system commensurate with the size and nature
of its business. (b) The internal audit reports of the Company issued till the date of the
audit report, for the period under audit have been considered by us
15. The Company has not entered into any non-cash transactions with directors or
persons connected with him for the year under review. Therefore, the provisions of Clause
(xv) of paragraph 3 of the order are not applicable to the Company.
16.
(A) The Company is not required to be registered under section 45-IA of the Reserve
Bank of India Act, 1934.
(B) The company has not conducted any Non-Banking Financial or Housing Finance
activities during the year.
(C) The company is not a Core Investment Company (CIC) as defined in the regulations
made by the Reserve Bank of India.
(D) As per the information and explanations received, the group does not have any CIC
as part of the group.
17. The company has not incurred cash loss in current financial year or in the previous
financial year is Rs 65.99 Lacs.
18. There has been no resignation of the previous statutory auditors 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, the auditors knowledge of the Board of Directors and management
plans, we are of the opinion that no material uncertainty exists as on the date of the
audit report that company is 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.
20. There is no unpaid liability of the company under the provisions of section 135 of
the Companies Act, relating to Corporate Social Responsibility for the project other then
ongoing project and therefore company is not required to transfer the amount to specified
account.
21. The company is required to prepare consolidated financial statement. However,
CARO,2020 is not applicable to the subsidiaries being Overseas Subsidiaries. Therefore,
the provisions of Clause (xxi) of paragraph 3 of the order are not applicable to the
Company.
For N P Patwa and Company |
|
Chartered Accountants |
|
Firm Registration No.107845W |
|
UDIN : 23042384BGWAQS2153 |
|
Sd/- |
|
Jitendra Shah |
|
Partner |
Date: 03.05.2023 |
Membership Number- 42384 |
Place: Mumbai |
Annexure B to the Independent Auditors Report on the standalone financial statements
of Focus Lighting and Fixtures Limited for the year ended 31st March 2023
Report on the internal financial controls with reference to the aforesaid standalone
financial statements under Clause (i) of Sub-section 3 of Section 143 of the Companies
Act, 2013 (Referred to in paragraph 2(A)(f) under Report on Other Legal and Regulatory
Requirements section of our report of even date)
We have audited the internal financial controls with reference to standalone financial
statements of Focus Lighting and Fixtures Limited ("the Company") as of 31 March
2023 in conjunction with our audit of the standalone financial statements of the Company
for the year ended on that date.
Managements and Board of Directors Responsibilities for Internal Financial Controls
The Companys Management and the Board of Directors are responsible for establishing
and maintaining internal financial controls with reference to financial statements based
on the criteria established by the Company considering the essential components of
internal control stated in the Guidance Note. 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 the Companys policies, the safeguarding of its assets, the prevention and
detection of frauds and errors, the accuracy and completeness of the accounting records,
and the timely preparation of reliable financial information, as required under the Act.
Auditors Responsibility
Our responsibility is to express an opinion on the Companys internal financial
controls with reference to financial statements based on our audit. We conducted our audit
in accordance with the Guidance Note and the Standards on Auditing, prescribed under
Section 143(10) of the Act, to the extent applicable to an audit of internal financial
controls with reference to financial statements. 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 with reference to
financial statements were established and maintained and whether 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 with reference to financial statements and their operating
effectiveness. Our audit of internal financial controls with reference to financial
statements included obtaining an understanding of such internal financial controls,
assessing the risk that a material weakness exists, and testing and evaluating the design
and operating effectiveness of internal control based on the assessed risk. The procedures
selected depend on the auditors judgement, including the assessment of the risks of
material misstatement of the 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 with
reference to financial statements.
Meaning of Internal Financial Controls with Reference to Standalone Financial
Statements
A companys internal financial controls with reference to standalone financial
statements 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 controls with reference to financial statements include 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 with Reference to Standalone
Financial Statements
Because of the inherent limitations of internal financial controls with reference to
standalone financial statements, 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 with reference to financial statements to future periods are subject to the risk
that the internal financial controls with reference to financial statements 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, adequate internal financial
controls with reference to standalone financial statements and such internal financial
controls were operating effectively as at 31 March 2023, based on the internal financial
controls with reference to financial statements 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 (the "Guidance Note").
For N P Patwa & Company
Chartered Accountants
Firm Registration No.107845W
UDIN - 23042384BGWAQS2153
Sd/-
Jitendra Shah
Partner
Membership No. 042384
Place: Mumbai
Date: 03.05.2023
+91-9892691696
