Pind Hospitality Ltd Auditor Reports

SECTION IX FINANCIAL STATEMENT

RESTATED FINANCIAL STATEMENT INFORMATION

Independent Auditors Examination report on Restated Financial Information of Pind Hospitality Limited

To,

The Board of Directors

Pind Hospitality Limited

Plot 5, Sairang Woods, Phase 2,

Infotech park (Hinjewadi), Pune,

Haveli, Maharashtra, India 411057

Dear Sir,

1. We have examined the attached Restated Financial Information of Pind Hospitality Limited (the “Company”) comprising the Restated Statement of Assets and Liabilities as at March 31, 2026, March 31, 2025 and March 31, 2024 the Restated Statement of Profit and Loss and the Restated Cash Flow Statement for the years ended March 31, 2026, March 31, 2025, and March 31, 2024, the Summary Statement of Significant Accounting Policies, and other explanatory information (collectively referred to as, the “Restated Financial Information”), as approved by the Board of Directors of the Company at their meeting held on September 09, 2026 for the purpose of inclusion in the RHP/Prospectus prepared by the Company in connection with its proposed Initial Public Offer of equity shares (“IPO”) on BSE SME Platform of BSE Limited (“BSE-SME”).

2. These restated Summary Statement have been prepared in terms of the requirements of :

a. Section 26 of Part I of Chapter III of the Companies Act, 2013 (the “Act")

b. The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("ICDR Regulations"); and

c. The Guidance Note on Reports in Company Prospectuses (Revised 2019) issued by the Institute of Chartered Accountants of India (“ICAI”), as amended from time to time (the “Guidance Note”).

Responsibility of the management for restated financial statements

3. The Companys Board of Directors is responsible for the preparation of the Restated Financial Information for the purpose of inclusion in the RHP/Prospectus to be filed with the SME platform of the BSE Limited, Registrar of Companies, Pune in connection with the proposed IPO. The Restated Financial Information have been prepared by the management of the Company on the basis of preparation stated in Annexure 4 to the Restated Financial Information. The responsibilities of the Board of Directors of the Company include designing, implementing, and maintaining adequate internal control relevant to the preparation and presentation of the Restated Financial Information. The Board of Directors are also responsible for identifying and ensuring that the Company complies with the Act, ICDR Regulations and the Guidance Note.

Auditors responsibility for the restated financial statements

4. We have examined such Restated Financial Information taking into consideration:

a. The terms of reference and terms of our engagement agreed upon with you in accordance with our engagement letter dated May 23, 2024 in connection with the proposed IPO of equity shares of Pind Hospitality Limited (the “Company” or “Issuer Company”) on BSE SME Platform of BSE Limited (“BSE-SME”).

b. The Guidance Note also requires that we comply with the ethical requirements of the Code of Ethics issued by the ICAI;

c. Concepts of test checks and materiality to obtain reasonable assurance based on verification of evidence supporting the Restated Financial Information; and

d. The requirements of Section 26 of the Act and the ICDR Regulations. Our work was performed solely to assist you in meeting your responsibilities in relation to your compliance with the Act, the ICDR Regulations and the Guidance Note in connection with the IPO.

5. These Restated Financial Information have been compiled by the management from:

a. Audited Financial Statements of the Company as at and for the year ended March 31, 2026 prepared in accordance with Accounting Standards specified under section 133 of the Act read with Companies (Accounting Standards) Rules as amended and other accounting principles generally accepted in India, which has been approved by the Board of Directors at their meeting held on September 09, 2026.

b. The Audited Financial Statements of the Company as at and for the year ended March 31, 2025, prepared in accordance with the Accounting Standards as prescribed under Section 133 of the Act read with Companies (Accounting Standards) Rules as amended and other accounting principles generally accepted in India, which has been approved by the Board of Directors at their meeting held on September 17, 2025.

c. Audited Financial Statements of the Company as at and for the year ended March 31, 2024 prepared by M/s Sanjay Bansal & Associates, Chartered Accountants in accordance with the Accounting Standards as prescribed under Section 133 of the Act read with Companies (Accounting Standards) Rules as amended and other accounting principles generally accepted in India, which has been approved by the Board of Directors at their meeting held on August 25, 2024.

d. Restated Audited Financial Statements of the Company for the for the financial years ended on March 31, 2026, March 31, 2025, and March 31, 2024, prepared in accordance with the Accounting Standards as prescribed under Section 133 of the Act read with Companies (Accounting Standards) Rules as amended, and other accounting principles generally accepted in India, which have been approved by the Board of Directors at their meeting held September 09, 2026.

The Audit for the financial year 2023-24 were conducted by the Companys previous auditors by M/s Sanjay Bansal & Associates, Chartered Accountants dated August 25, 2024 for the financial year ended March 31, 2024 (“the Previous Auditor). We have performed adequate procedures to restate the Financial Information for the said years. The Examination Report included for the said years is based solely on the report submitted by the Previous Auditor.

6. For the purpose of our examination, we have relied on:

a. Auditors Report issued by us dated September 07, 2026 on the Audited Financial Statement of the company as at and for the year ended March 31, 2026 as referred in Paragraph 5(a) above.

b. Auditors Report issued by us dated September 17, 2025, on the Audited Financial Statement of the Company for the financial year ended on March 31, 2025 as referred in Paragraph 5(b) above.

c. Auditors Report issued by M/s Sanjay Bansal & Associates, the “previous auditor” dated August 25, 2024 on the audited Financial Statements of the company as at and for the financial year ended March 31, 2024 as referred in Paragraph 5(c) above.

The Audit for the financial year 2023-24 was conducted by the Companys previous auditor M/s Sanjay Bansal & Associates, Chartered Accountants for the financial year ended March 31, 2024 (“the Previous Auditor). We have performed adequate procedures to restate the Financial Information for the said year. The Examination Report included for the said year is based solely on the report submitted by the Previous Auditor.

7. Based on our examination and according to the information and explanations given to us, we report that:

a. The Restated Summary Statements have been made after incorporating adjustments for the changes in accounting policies retrospectively in respective financial period/years to reflect the same accounting treatment as per the changed accounting policy for all reporting periods, if any;

b. The Restated Summary Statements do not require any adjustments for the matter(s) giving rise to modifications mentioned in paragraph 6 above.

c. The Restated Standalone Summary Statements have been prepared in accordance with the Act, ICDR Regulations and the Guidance Note.

d. The Restated Summary Statements have been made after incorporating adjustments for prior period and other material amounts in the respective financial years/period to which they relate, if any and there are no qualifications which require adjustments;

e. Extra-ordinary items that need to be disclosed separately in the accounts has been disclosed wherever required;

f. From Financial Years 2023-24 to financial year 2025-26, the period covered in the restatement, the Company has not declared and paid any dividend.

g. There were no qualifications or modified opinions in the Audit Report issued by us and by previous auditor for the financial years ended March 31, 2026, March 31, 2025 and March 31, 2024 which would require adjustments in this Restatement Financial Information of the Company.

8. We have also examined the following other financial information relating to the Company prepared by the Management and as approved by the Board of Directors of the Company and annexed to this report relating to the Company for the financial years ended March 31, 2026, March 31, 2025 and March 31, 2024 proposed to be included in the RHP/Prospectus.

i.

Sr.	Details of Restated Financial Information	Annexure No.
1	Statement of Assets & Liabilities as Restated	I
2	Statement of Profit & Loss as Restated	II
3	Statement of Cash Flow as Restated	III
4	Significant Accounting Policy and Notes to the Restated Summary statements	IV
5	Adjustments made in Restated Financial Statements / Regrouping Notes	V
6	Statement of Other Financial Information	VI
7	Statement of Capitalization Statement as restated	VII
8	Statement of Tax Shelter	VIII

Emphasis of Matter

i. Note 10 to restated financial information regarding the professional tax payable, professional tax remains payable by the Company for period beginning from September 2021, the same remains unpaid for the restated period.

ii. Note 10 to restated financial information, regarding the provident fund, the Company recognized a provision for unpaid employees provident fund for the years FY 2022-23, FY 2024-25 and for FY 2025-26. The same remains unpaid for the restated period.

iii. Note 10 to restated financial information, regarding the Employees State Insurance Corporation (ESIC) payable, the Company recognized a provision for unpaid ESIC contribution for the periods, FY 2022-23, FY 2023-24, FY 2024-25 and for FY 2025-26. The same remains unpaid for the restated period.

Our opinion is not modified in respect of this matter.

9. We, M/s. Ratan Chandak & Co LLP, Chartered Accountants have been subjected to the peer review process of the Institute of Chartered Accountants of India ("ICAI") and hold a valid peer review certificate issued by the "Peer Review Board" of the ICAI.

10. The firm has established and maintained a system of quality control in accordance with the requirements of Standard on Quality Control (SQC) 1- Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, issued by the Institute of Charted Accountants of India (ICAI).

11. The Restated Financial Information do not reflect the effects of events that occurred subsequent to audited financial statements mentioned in paragraph 6 above.

12. This report should not in any way be construed as a reissuance or re-dating of any of the previous audit reports issued by us, nor should this report be construed as a new opinion on any of the financial statements referred to herein.

13. We have no responsibility to update our report for events and circumstances occurring after the date of the report.

14. Our report is intended solely for use of the Board of Directors for inclusion in the RHP/Prospectus to be filed with the BSE SME platform of the BSE Limited and Registrar of Companies, Pune in connection with the proposed IPO. Our report should not be used, referred to, or distributed for any other purpose except with our prior consent in writing.

Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this report is shown or into whose hands it may come without our prior consent in writing.

For, Ratan Chandak & Co LLP

Chartered Accountants

Firm Reg No: 108696W/W101028

Peer Review Certificate No: 015016

Sd/-

CA Jagadish Laxman Sate

(Partner)

Membership No: 182935

UDIN: 26182935ENRJPJ6033

Place: Navi Mumbai

Date: September 09 ,2026.