Onelife Capital Advisors Ltd Auditor Reports

To The Members of

Onelife Capital Advisors Limited

Report on the Audit of Standalone Financial Statements

Opinion

We have audited the accompanying standalone financial statements of Onelife Capital Advisors Limited ("the Company"), which comprises of Balance Sheet as at March 31, 2026, 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 then ended, and notes to the financial statements, including a summary of material accounting policies and other explanatory information (hereinafter referred as "Standalone Financial Statements").

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 Indian accounting standards prescribed under section 133 of the act, ("Ind AS") and other accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2026 and its profit, total comprehensive income, changes in equity and its cash flows for the year ended on that date.

Basis for Opinion

We conducted our audit of the standalone financial statements in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the act. Our responsibilities under those standards are further described in the auditors responsibilities for the audit of the standalone financial statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the

Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the act and the rules made thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAIs Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements.

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

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significant in our audit of the financial statements of the current year. 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. We have determined the matters described below to be the key audit matters to be communicated in our report.

Sr. No Key Audit Matters Auditors response

Sr. No Key Audit Matters	Auditors response
1 Evaluation of Provision and Contingent Liabilities
As at the Balance Sheet date, the Company has significant open litigation and other contingent liabilities as disclosed in Note No. 28 to the Standalone Financial Statements. The assessment of the existence of the present legal or constructive obligation, analysis of the probability or possibility of the related payment require the management to make judgement and estimate in relation to the issues of each matter.	We have reviewed and held discussion with the management to understand their processes to identify new possible obligations and changes in existing obligations for compliance with the requirements of Ind AS 37 on Provisions, Contingent Liabilities and Contingent Assets.
	We have also discussed with the management significant changes from prior periods and obtained a detailed understanding of these items and assumptions applied. We have held meetings with the legal personnel responsible for handling legal matters.
The management with the help of opinion and advise of its experts have made such judgements and estimates relating to the likelihood of an obligation arising and whether there is a need to recognize a provision or disclose a contingent liability.
	In addition, we have reviewed:
	- The details of the proceedings before the relevant authorities including communication from the advocates/ experts;
Due to the level of judgment relating to recognition, valuation and presentation of provision and contingent liabilities, this is considered to be a key audit matter.
	Legal advises/opinions obtained by the management, if any from experts in the field of law on the legal cases;
	Status of each of the material matters as on the date of the balance sheet.
	We have assessed the appropriateness of provisioning based on assumptions made by the management and presentation of the significant contingent liabilities in the financial statements.
2 Assessment of carrying value of equity investments in subsidiaries
As disclosed in Note No.6 of the standalone financial statements, the Company has investments in various subsidiaries of Rs. 10,489.67 lacs. As on reporting date, Rs. 3400.00 of subsidiaries has accumulated losses resulting in erosion of its Net worth (negative Net worth of Rs. 2340.72 Lacs)	Our audit procedures included the following:
	Assessed that the methodology used by management to estimate the recoverable value of each investment in subsidiary is consistent with Ind AS.
	Compared the carrying values of the Companys investment in subsidiaries with their respective net asset values (based on the respective subsidiaries audited financial statements), realizable value and discussions with management about their performance and future outlook.
The Management carried out impairment assessment for each investment by:
Comparing the carrying value of each investment with the net worth of each company based on audited financials.
Comparing the performance of the investee companies with projections used for valuations and approved business plans.
	Evaluating the methodology used by the Company in projections used variations, in particular those relating to the cash flows. We also assessed the historical accuracy of managements estimates and evaluated the business plans incorporated in the projections, if any.
The accounting for investment is a key audit matter as the impairment assessment and determination of the recoverable value involves significant management judgment and assumptions.
	We read and assessed the presentation and disclosure in the standalone financial statements.
3 Cybersecurity incident and reconstruction of financial information
On 30th Jan 2026, the company experience the ransomware / cybersecurity incident, resulting in corruption of certain primary and backup electronic data. The financial information has been reconstructed by the management based on available records and the Company has implemented measures to strengthen its controls. The matter was considered significant to our audit due to the nature of the incident, the impact on the availability and integrity of historical accounting records and the audit procedures required to obtain sufficient appropriate audit evidence over the reconstructed financial information	Our audit procedures included evaluating the Companys process for reconstruction of financial information, testing relevant underlying records and supporting documentation, performing alternative audit procedures where appropriate, reconciling reconstructed information with available accounting and financial records, and assessing the adequacy of the related disclosures in the standalone financial statements
4 Rights Issue and utilisation of issue proceeds
During the year, the Company completed a Rights Issue and raised aggregate proceeds of 36.00 crore. As at 31 March 2026, 75% of Issue proceeds had been utilised towards the stated object of funding including the margin money requirements of Dealmoney	Our audit procedures included examining the relevant issue documents and approvals, verifying the receipt of issue proceeds, testing the utilisation of funds including amounts transferred to the subsidiary, examining the relevant bank transactions and supporting documents, and assessing the adequacy of the related disclosures in the standalone financial statements.
Commodity Private Limited, a subsidiary, while the balance 25% of the issue proceeds remained unutilised.
The matter was considered significant to our audit due to the magnitude of the proceeds, the utilisation of funds towards the stated objects of the issue and the related regulatory and disclosure requirements
5 Investment in Share Warrants
	Our audit procedures included, among others, the following:
We draw attention to Note 47 to the standalone financial statements, which describes the Companys investment in share warrants of Swojas Food Limited pursuant to a preferential issue. During the year, the Company had subscribed to 25% of the share warrants for an aggregate amount of 4.125 crore. During the quarter ended 31 March 2026, the Company converted 16,00,000 share warrants into equity shares upon payment of the balance subscription amount aggregating to 1.98 crore. As at 31 March 2026, the Company continues to hold 84,00,000 share warrants, which remain outstanding and are pending conversion in accordance with the terms of the preferential issue.	? We obtained and reviewed the relevant preferential issue documents, including the terms and conditions governing the issue and conversion of the share warrants.
	? We verified the subscription and subsequent conversion of share warrants with reference to relevant supporting documents, bank statements and records of the Company.
	? We assessed the Companys accounting treatment and classification of the share warrants with reference to the applicable requirements of Indian Accounting Standards.
The matter was considered to be one of significant auditor attention due to the nature and magnitude of the investment and the need to assess the appropriate accounting and measurement of the share warrants, including consideration of the terms and conditions of the preferential issue, classification and valuation of the investment and the recoverability thereof.	? We evaluated the basis of measurement and valuation of the investment and considered the relevant terms of the preferential issue and other available information in assessing the recoverability and carrying value of the investment.
	? We examined the conversion of 16,00,000 share warrants into equity shares and verified the balance of 84,00,000 share warrants outstanding as at 31 March 2026.
	? We assessed the adequacy and appropriateness of the disclosures made in Note 47 to the standalone financial statements in respect of the investment in share warrants.

Information Other than the Standalone Financial Statements and Auditors report thereon

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

Responsibilities of Management and Board of Directors 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), changes in equity 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 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, the 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.

The Board of Directors is 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 financial statements 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 scepticism 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 control system with reference to standalone 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 the 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 entitys 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 standalone financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors report. However, future events or conditions may cause the entity 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 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 pf 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 year 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 consequence of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Other Matters

i) On 1 December 2025, the Company entered into a borrowing arrangement with Globe Fincap

Limited and availed financial assistance aggregating to 4.00 crore. The borrowing is secured by pledge of approximately 91% of the equity shares of Dealmoney Commodity Private Limited, a subsidiary company. In addition, Vaaman Pesticides Private Limited, a promoter group company has extended guarantee for the said facility and the promoters of Onelife Capital Advisors Limited and Dealmoney Commodity Private Limited have provided personal guarantees and guarantees respectively in favour of the lender. The borrowing is subject to the terms and conditions stipulated in the financing documents executed between the parties. As at 31 March 2026, the borrowing continued to remain outstanding and was being serviced in accordance with its agreed terms.

ii) During the year, the Company availed borrowing facilities aggregating to 8.51 crore from Globe

Fincap Limited. The said facilities are secured by the pledge of equity shares of various companies held as investments by Dealmoney Commodity Private Limited, a subsidiary of the Company. The facilities are also supported by such guarantees and other security arrangements as stipulated in the respective loan agreements. The Management has represented that all necessary corporate approvals and statutory compliances in relation to the borrowing and creation of the aforesaid security have been duly obtained and complied with.

iii) The company and its promotors has given the guarantee for term loan of Rs. 9.60 crore sactioned to a Dealmoney Commodities Private Limited which is a subsidiary company.

Report on Other Legal and Regulatory Requirements

1. Pursuant to 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 Act, we give in the Annexure "A" a statement on the matters specified in paragraphs 3 and 4 of the Order.

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

(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes 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 our examination of those books and records.

(c) The Balance sheet, the Statement of Profit & Loss (including other comprehensive income), Statement of Changes in Equity and the Cash Flow Statement dealt with by this Report are in agreement with the books of account.

(d) In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Account) Rules, 2014.

(e) On the basis of the written representation received from the directors as on March 31, 2026 taken on records by the Board of Directors, none of the directors are disqualified as on March 31, 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 with reference to Standalone Financial Statements of the Company and the operating effectiveness of such controls, refer to our separate Report in "Annexure B". Our report expresses an unmodified opinion on the adequacy and operating effectiveness of the Companys internal financial controls with reference to Standalone

Financial Statements.

(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 197of the Act.

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

i. The Company has disclosed the impact of pending litigations on its financial position in its Standalone Financial Statements. Refer Note 28 to the Standalone Financial Statements.

ii. The Company has made provision as required under applicable law or accounting standards for material foreseeable losses, if any. The Company did not have any long-term derivative contracts.

19^th Annual Report 2025-26 iii. There has been no delay in transferring amounts, 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. The final dividend recommended by the Board of Directors for the year ended March 31, 2026, is in compliance with Section 123 of the Companies Act, 2013, to the extent applicable, and is subject to shareholder approval at the upcoming Annual General Meeting.

vi. Based on our examination, which included test checks, the Company has used accounting software systems for maintaining its books of account for the financial year ended March 31, 2026 which have the feature of recording audit trail (edit log) facility and the same has operated throughout the year for all relevant transactions recorded in the software systems. Further, during the course of our audit we did not come across any instance of the audit trail feature being tampered with and the audit trail has been preserved by the Company as per the statutory requirements for record retention.

For Rafik And Associates

Chartered Accountants

FRN No 146573W

sd

Rafik Sejam Sheikh

Proprietor

Membership No 182278

UDIN: 26182278SOGGIC5906

Date:- 30th May, 2026

Place:- Mumbai

Annexure "A" referred to in "Report on Other Legal and Regulatory Requirements" section of our report to the members of Onelife Capital Advisors Limited for the year ended March 31, 2026

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:

i. (a) In respect of the Companys property, plant and equipment, right-of-use assets and intangible assets:

(A)The Company has maintained proper records, showing full including quantitative details and situation of Property, Plant and Equipment {PPE) and right of use assets.

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

(b) According Company has a program of physical verification of property, plant and equipment and right-of-use assets so to cover all the assets once every three years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the program, certain property, plant and equipment and right-of-use assets were due for verification during the year and were physically verified by the Management during the year. According to the information and explanations given to us, no material discrepancies were noticed on such verification.

(c) The Company has not revalued its Property, Plant and Equipment or intangible assets or both during the year and hence reporting under clause 3(i)(c) of the Order is not applicable to the Company.

(d) In our opinion and according to the information and explanations given to us, No proceedings have been initiated during the year or are pending against the Company as at March 31, 2026 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder.

ii. (a)The Company does not have any inventory and hence reporting under clause 3(ii)(a) of the Order is not applicable.

(b) The Company has not been sanctioned working capital limits in excess of 5 crore, in aggregate, at any points of time during the year, from banks or financial institutions on the basis of security of current assets and hence reporting under clause 3(ii)(b) of the Order is not applicable.

iii. According to the information and explanations given to us and based on our examination of the records of the Company, during the year the Company has made investments in and granted loans to companies and other parties. The Company has also provided guarantee and security in respect of borrowings availed by its subsidiary, Dealmoney Commodity Private Limited ("DCPL"), from a lender, aggregating to 9.60 crore, which is secured, inter alia, by mortgage of property of the Company.:-

(a) The Company has granted loans to Companies and other parties during the year, as stated below and has provided guarantee or security and granted advances in the nature of loans, secured or unsecured, to companies, firms, Limited Liability Partnerships or any other parties during the year.

S. No Particulars Amount ( In Lacs)

S. No Particulars	Amount ( In Lacs)
A Aggregate amount granted / provided during the year:
Subsidiaries	4983.25
Others	934.46
B Balance outstanding as at balance sheet date in respect of above cases:
Subsidiaries	2499.80
Others
	1414.60
C. Amount of Guarantee granted /provided during the year
Subsidiaries	960.00
Others	-

(b) The terms and conditions of the grant of such loans are not prejudicial to the interest of the Company. However, it is noted that loans granted to certain subsidiaries and other parties are interest-free, with the understanding that such subsidiaries loans will be converted into equity. The conversion process has been decided by the management in April 2024 but has not been completed till the date of our report.

(c) In respect of loans granted, the schedule of repayment of principal and payment of interest, where stipulated, has not been specified in the loan agreements. Accordingly, we are unable to comment on the regularity of repayment of principal and interest.

(d) According to information and explanations given to us and based on the audit procedures performed, in respect of loans granted by the Company, there is no overdue amount remaining outstanding as at the balance sheet date except state below.

(e) Certain loans granted by the company are overdue for repayment of principal. Based on our examination of records, the management has made reasonable efforts for the recovery of these overdue amounts.

(f) According to the information and explanations given to us and on the basis of our examination of the records of the company, aggregate amount of loan/advance in the nature of loans repayable on

demand granted to the related party is Rs. 5227.23 lacs and to others is Rs.738.80 lacs which is amount to 100% of the total loan granted.

iv. According to the information and explanations given to us and on the basis of our examination of the records of the Company, the Company has complied with the provisions of Sections 185 and 186 of the Companies Act, 2013, in respect of loans granted, investments made, guarantees provided and security given during the year. The guarantee and security provided by the Company in respect of borrowings availed by its subsidiary, Dealmoney Commodity Private Limited, aggregating to 9.60 crore, are in accordance with the provisions of Section 186 of the Companies Act, 2013.

v. The Company has not accepted any deposit or amounts which are deemed to be deposits. Hence, reporting under clause 3(v) of the Order is not applicable. vi. According to the information and explanations given to us, the Central Government has not prescribed the maintenance of cost records under Section 148(1) of the Companies Act, 2013 for the nature of business activity undertaken by the Company. Accordingly, clause 3(vi) of the Order is not applicable to the Company.

vii. (a) According to the information and explanations given to us and on the basis of our examination of the records, the Company is generally regular in depositing undisputed statutory dues including Goods and Services Tax, Provident Fund, Employees State Insurance, Income-Tax, Sales-Tax, Service Tax, Duty of Customs, Duty of Excise, Value Added Tax, Cess and any other statutory dues to the appropriate authorities. No undisputed amounts payable in respect of the aforesaid statutory dues were outstanding as at the last day of the financial year for a period of more than six months from the date they became payable

(b) According to the information and explanations given to us, there are no dues as referred in clause vii (a) above which have not been deposited on account of any dispute except the following:

Name of the Statute	Nature the Dues	Amount ( In Lacs)	Amount Paid under Protest	Period to Which the Amount relates	Forum where Dispute is pending
Finance Act, 1994 (Service Tax)	Service Tax (Cenvat Credit)	163.34		Financial Year 2011-12	Central Board of Indirect Taxes & Customs Appellate Tribunal (West Zone Branch), Mumbai.
		8.58		Financial Year 2014-15
	Service Tax (Penalty)	163.34	86.25	Financial Year 2011-12
		0.86		Financial Year 2014-15
Income Act, 1961 Tax	Income Tax	608.99	-	Assessment Year 2012- 13	Commissioner Income (Appeals) of Tax
CGST Act 2017	Interest & Penalty Tax	37.31	-	Financial Year 2017-18	Gst Appellate Tribunal
		7.47	-
	Interest & Penalty	8.47	-

Interest amount at applicable rate is not quantified and not included above.

viii. According to the information and explanations given to us and on the basis of our examination of the records of the Company, 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) and hence reporting under clause 3(viii) of the Order is not applicable to the Company.

106 P a g e ix. (a) Based on our audit procedures and on the basis of information and explanations given to us, we are of the opinion that the Company has not defaulted in the repayment of loans or other borrowings or in the repayment of interest thereon to the lenders and hence reporting under clause 3(ix) (a) of the Order is not applicable to the Company.

(b) On the basis of information and explanations given to us, the Company has not been declared as 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 term loans taken from Fincap Global amounting to Rs. 4.00 crore and Rs. 8.51 crore respectively, aggregating to Rs. 12.51 crore, raised during the year, have been applied for the purposes for which they were obtained.

(d) In our opinion and according to the information and explanations given to us, 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) According to the information and explanations given to us and 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 and hence reporting under clause 3(ix)(e) of the Order is not applicable to the Company.

(f) Based on our audit procedures and on the basis of information and explanations given to us, the Company has raised loans during the year on the pledge of securities held in its subsidiary. The details of the loan are as follows:

Amount Raised: 4.00 crore

Lender: Globe Fincap Limited (availed on December 1, 2025)

Nature of Pledge: Pledge of approximately 91% of the equity shares of Dealmoney Commodity Private Limited, a subsidiary company.

Repayment Status: The borrowing remained outstanding as at March 31, 2026, and was being serviced in accordance with its agreed terms. Consequently, the Company has not defaulted in the repayment of such loans raised. x. The Company has not raised any money by way of Initial public offer or further public offer (including debt instrument) except the rights issue as stated below during the year and hence reporting under clause 3(x)(a) of the Order is not applicable to the Company.

(b) According to the information and explanations given to us and based on our examination of the records, the Company has raised funds amounting to Rs. 36.00 crore by way of a rights issue of equity shares during the year. Out of this, an amount of 75% (i.e., Rs. 27.00 crore) has been utilized for the purposes for which the funds were raised up to March 31, 2026, and the balance unutilized funds of 25% (i.e., Rs. 9.00 crore).

xi. (a) During 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 by or on the Company, noticed or reported during the year, nor have we been informed of such case by the management.

(b) During the year, 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) Based on our audit procedures performed and according to the information and explanations given to us, no whistle blower complaints have been received during the year by the Company and hence reporting under clause 3 (xi) (c) of the Order is not applicable to the Company.

xii. In our opinion and according to the information and explanations given to us, the Company is not a Nidhi Company and hence reporting under clause 3 (xii) of the Order is not applicable to the Company.

xiii. According to the information and explanations given to us and based on our examination of the records of the Company, all the transactions with related parties are in compliance with Section 177 and 188 of the Act and all the details have been disclosed in the standalone financial statements as required by the applicable Accounting Standard (Refer Note 32 to the standalone financial statements).

xiv. (a) According to the information and explanations given to us and based on our examination of the records of the Company, the Company has an adequate internal audit system commensurate with the size and nature of its business.

(b) We have considered the internal audit reports for the year under audit issued to the Company during the year and till date, in determining nature, timing and extent of our audit procedure

xv. Based on the information and explanations given to us, the Company has not entered into any non-cash transactions prescribed under Section 192 of the Act with directors or persons connected with them during the year. Therefore, the provisions of Clause 3(xv) of the Order are not applicable to the Company.

xvi. (a) The Company is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934 and hence reporting under clause 3(xvi) (a), (b) and (c) of the Order is not applicable to the Company.

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

xvii. The Company has not incurred any cash losses during the financial year covered by our audit and in the immediately preceding financial year.

xviii. There has been no resignation of the statutory auditor during the year. Accordingly, reporting under clause 3(xviii) of the Order is not applicable to the Company.

xix. According to the information and explanations given to us and on the basis of the financial ratios, ageing and expected dates of realization of financial assets and payment of financial liabilities, other information accompanying the standalone 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.

xx. In our opinion and according to the information and explanations given to us and the records examined by us, no amount was required to be spent by the Company on the activities of CSR, as per provisions of

Companies Act, 2013. Accordingly, reporting under paragraph 3(xx) of the Order are not applicable to the Company

For Rafik And Associates

Chartered Accountants

FRN No 146573W

Rafik Sejam Sheikh

Proprietor

Membership No 182278

UDIN: 26182278SOGGIC5906

Date:- 30th May, 2026

Place:- Mumbai

Annexure "B" referred to in "Report on Other Legal and Regulatory Requirements" section of our report to the Members of Onelife Capital Advisors Limited for the year ended March 31, 2026:

Report on the Internal Financial Controls with reference to Standalone Financial Statements under Clause (i) of sub-section 3 of Section 143 of the Companies Act, 2013 (the "Act")

We have audited the internal financial controls with reference to standalone financial statements of Onelife Capital Advisors Limited ("the Company") as of March 31, 2026 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 Board of Directors are responsible for establishing and maintaining internal financial controls with reference to Standalone Financial Statements 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 (the "ICAI"). These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to companys policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Act.

Auditors Responsibility

Our responsibility is to express an opinion on the Companys internal financial controls with reference to standalone financial statements 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 deemed to be prescribed under Section 143(10) of the Act to the extent applicable to an audit of internal financial controls, both applicable to an audit of internal financial controls and both issued by the ICAI. 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 with reference to standalone financial statements and their operating effectiveness. Our audit of internal financial controls with reference to standalone financial statements included obtaining an understanding of internal financial controls with reference to standalone financial statements, 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 with reference to standalone financial statements.

Meaning of Internal Financial Controls with reference to financial statements

A Companys internal financial control with reference to 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 control with reference to financial statements includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (ii)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 entity are being made only in accordance with authorizations of management; (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the entitys assets that could have a material effect on the financial statements and (iv) also provide us reasonable assurance by the internal auditors through their internal audit reports given to the organization from time to time.

Inherent Limitations of Internal Financial Controls with reference to financial statements

Because of the inherent limitations of internal financial controls with reference to 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 control 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 best of our information and according to the explanations given to us, the Company has, broadly in all material respects, an adequate internal financial controls system with reference to standalone financial statements and such internal financial controls with reference to standalone financial statements were operating effectively as at March 31,2026, based on the internal control over financial reporting criteria established by the Company considering the essential Component of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the ICAI.

For Rafik And Associates

Chartered Accountants

FRN No 146573W

Rafik Sejam Sheikh

Proprietor

Membership No 182278

UDIN: 26182278SOGGIC5906

Date:- 30th May, 2026

Place:- Mumbai

ONELIFE CAPITAL ADVISORS LIMITED CIN: L74140MH2007PLC173660