Orient Tradelink Ltd Auditors Report.

Annexure-A

To, THE MEMBERS OF ORIENT TRADELINK LIMITED

Report on the Financial Statements

We have audited the accompanying financial statements of Orient Tradelink Limited("the Company"), which comprise the Balance Sheet as at 31st March, 2018, the Statement of Profit and Loss, the Cash Flow Statement for the year then ended, and a summary of the significant accounting policies and other explanatory information.

Management’s Responsibility for the Financial Statements

The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 ("the Act") with respect to the preparation of these financial statements that give a true and fair view of the financial position, financial performance 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, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding 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 statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit.

We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made there under.

We have conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Company’s preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Company’s Directors, as well as evaluating the overall presentation of the financial statements.

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

Opinion

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:

(i) In case of balance sheet of the state of affairs of the Company as at 31st March, 2018

(ii) In case of the statement of profit and loss of the profit of the Company for the year ended on that date and

(iii) In case of statement cash flows, cash flows of the company for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor’s Report) Order, 2015 ("the Order") issued by the Central Government of India in terms of sub-section (11) of section 143 of the Companies Act, 2015, we give a statement on the matters specified in paragraphs 3 & 4 of the Order refer "Annexure "A".

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 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 Cash Flow Statement dealt with by this Report are in agreement with the books of account.

(d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule of the Companies (Accounts) Rules, 2O14.

(e) On the basis of the written representations received from the directors as on 31 March, 2018 taken on record by the Board of Directors, none of the directors is disqualified as on 31 March, 2018 from being appointed as a director in terms of Section 164 (2) of the Act.

(f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such controls, refer to our separate Report in "Annexure B".

(g) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2O14, in our opinion and to the best of our information and according to the explanations given to us:

i. As informed by the management, the company does not have any pending litigations which would impact its financial position.

ii. As informed by the management, the Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.

iii. There has not been any amount which is required to be transferred to the Investor Education and Protection Fund by the Company.

For MITTAL NIRBHAY & CO.

Chartered Accountants

FRN: 013097c

Sd/-

Kamal Kumar

Partner

Membership No. 502549

Place: New Delhi

Date: May 29, 2018

"ANNEXURE – A" REFERRED TO IN PARAGRAPH 1 UNDER THE HEADING OF "REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS OF OUR REPORT OF EVEN DATE ON THE FINANCIAL STATEMENTS OF ORIENT TRADELINK LIMITED

I. (a) The Company is maintaining proper records showing full particulars including quantitative details & situation of fixed assets.

(b) As explained to us, these fixed assets have been physically verified by the management at reasonable intervals during the year. No material discrepancies were noticed on such verification.

(C) According to information & explanations given to us and on the basis of examination of the books of accounts, the company does not have immovable properties. Thus paragraph 3 (i) (c) is not applicable

II. On the basis of information & explanations obtained, the stocks of finished goods, stores spare parts and raw materials have been physically verified by the management at reasonable intervals during/at the end of the year

(b) we are unable to comment upon, the discrepancies noticed on such verification of stocks as compared to book records, in absence of proper records. III. According to information & explanations given to us, and on the basis of our examination of books of accounts, forms & registers, the company has not granted any loans, Secured or unsecured loan to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained under Section 189 of the Companies Act, 2013. Accordingly, the provisions of clause 3 (iii) (a) to (c) of the order are not applicable to the company and hence not commented upon.

IV. According to information & explanations given to us, and on the basis of our examination of books of accounts, forms & registers the Company has not given any loan or made any investments, guarantee to its director or in any other in the company. The provisions of section 185 & 186 of the Companies Act, 2013, are not applicable to the company. Hence, clause (iv) para 3 of caro is not applicable.

V. During the year, the company has not accepted any deposits from the public durng the year. Accordingly the provisions of clause (v) para 3 of the order is not applicable to the company and hence not commented upon.

VI. The company is not required to maintain cost accounting records under sub Section (1) of section 148 of the Companies Act, 2013.

VII. (a) According to the records of the company is not regular in depositing its undisputed statutory dues.

(b) According to the information and explanations given to us, there are no undisputed amounts payable In respect of provident fund, ESI, Income tax, wealth tax, sales tax customs duty & excise duty, value added tax cess and other statutory dues outstanding for a period of more than six months as at 31st March, 2018 from the date they become payable. VIII. On the basis of the verification of records and information and explanations given by the management, the company has not defaulted in repayment of dues to financial institutions and banks.

IX. Based upon the audit procedures and the information and explanations given by the management , the Company has not raised money by way of initial public offer or further public offer including debt instruments and term loans. Accordingly, the provisions of clause 3 (ix) of the order is not applicable to the company and hence not commented upon.

X. Based upon the audit procedures performed and the information and explanations given by the management, we report that no fraud by the Company or on the company by ts officers or employees has been noticed or reported during the year.

XI. According to the information and explanations given to us and records of the company examined by us, the manegrial has been paid / provided in accordance with the requisite approvals mandated by the provisions of section 197 read with Schedule V to the Companies Act, 2013.

XII. In our opinion and According to the information and explanations given to us, the company is not a Nidhi Company. Therefore provisions of clause 3 (xii) of the order are not applicable to the company.

XIII. According to the information and explanations given to us, written representations obtained nad records of the company examined by us all transactions with related parties are in compliance with section 177 & 188 of the Companies Act, 2013.

XIV. The company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year under review. Accordingly, the provisions of clause 3 (xiv) of the order are not applicable to the company and hence not commented upon.

XV. Based upon the audit procedures and as per the information and explanations given by the management, As per the information and explanations given by the management, the company has not entered into any non-cash transaction with directors or persons connected with him. Accordingly, the provisions of clause 3 (xv) of the order are not applicable to the company and hence not commented upon

XVI. In our opinion the company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provisions of clause 3 (xvi) of the order are not applicable to the company and hence not commented upon.

For MITTAL NIRBHAY & CO.

Chartered Accountants

FRN: 013097c

Sd/-

Kamal Kumar

Partner

Membership No. 502549

Place: New Delhi

Date: May 29, 2018

"ANNEXURE-B REFERRED TO IN PARAGRAPH 2 UNDER THE HEADING "REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS" OF OURREPORT OF EVEN DATE ON THE FINANCIAL STATEMENTS OF ORIENT TRADELINK LIMITED.

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 ORIENT TRADELINK LIMITED ("the Company") as of 31st March, 2018 in conjunction with our audit of the financial statements of the Company for the year ended on that date.

Management’s Responsibility for Internal Financial Controls

The Company’s 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". 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 company’s 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 auditor’s 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 Company’s 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 authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized 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 31st March, 2018, 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 MITTAL NIRBHAY & CO.

Chartered Accountants

FRN: 013097c

Sd/-

Kamal Kumar

Partner

Membership No. 502549

Place: New Delhi

Date: May 29, 2018