R R Securities Ltd Auditor Reports

statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the lnd AS 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 b a r d of Directors are also responsible for overseeing the Companys financial reporting process,

AudOtofs Re#ponsibilky for the Audit of the Ind AS Financial Statements

Our objectives are to obtain reasonable assurance about whether the Ind AS 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 oplnion. 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 Ind AS financial statements.

As part of an audit in accordance with U s , We exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identlfy and assess the risks of material mlsstatement of the Ind AS 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 ophion. The risk of not detecting a material mlsstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, farpry,

Intentional omissions, misrepresentations, or the override of internal control.

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.

W@are requlred to draw attention in our auditors reporl to the related disciosures In the Ind AS financial statements or, if such dfsdosures are inadequate, to modify our opinion. our conctuslons are based on the audit evidenee obtained up to the date of our auditors report. However, futute events or conditions may cause the Company to cease to continue as a going concern.

From the matters communicated with those charged with governance, We determine those matters that were of most significance in the audit of the lnd AS financtal statements for the financial year ended 31" March, 2026 the key audit matters. We describe these matters in our auditofs 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

2. fA)Asrequired bySection 143(3)oftheAct, wereportthat: 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 audlt. 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, the Cash Flow Statement and Statement of Changes in Equity dealt with by this Report are in agreement with the books of account. d. In our opinion, the aforesaid Ind AS financial statements comply with the Indian Accounting Standards prescribed under section 133 of the Act, read with companies

(Indian Accounting Standards) Rules, 2015, as amended. e. On the basis of the written representations received from the directors as on 31s March, 2026 taken on record by the Board of Directors, none of the directors is disqualified as on 31st March, 2026 from being appointed as a director in terms of Section 164(2) of the Aa. f. With respect to the adequacy of the internal financial controls over flnanclal 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 Auditofs Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, In our opinion and to the best of our information and according to the explanations given to us: i, The Company has no pending litigations as at the end of the year; ii. The Company did not have any long-term contracts including derivative lih There were no amounts which were required to be transferred to the Investor

Intermediary shall, whether, directly or indirectly tend 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;

2) The management has represented that, to the best of its knowledge and belief, as disclosed in Note no. 28 (h) to the financial statement, no funds have been received by the Company from any persons or entities, hcludlng 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 wl~atsoever by or on behalf of the Funding Pam ("Ultimate Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries; and

Companies Act, 2013 is not applicable,

AMMEWRE A TO INDEPENDENT AUDUORS REPORT

(Referred to in paragraph 1 under the heading of "Report on Other Legal and Regulatory Requirements" of our report of even date)

Right of Use assets) or tntangibte Assets or both during the year ended March

31,2026.

c, There are no proceedings initiated or are pending against the company for holding any benaml property under the Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder.

(ii) a. The Company is engaged in business of providing sewices relating to investment. Accordingly, it does not hold any physical inventories. Thus, paragraph 3(11)(a) of the Order is not applicable to the Company. However, the company has plot of

Land as an Inventory.

b, According to the informatian and explanations given to us and on the basis of our examhation of the records of the Company, the Company has not taken any working capital loans during any point of tlme of the year from banks or financial institutions. Hence, paragraph 3(ii)(b) of the Order 1s not applicable.

(it!) In respett of the loans secured or unsecured to the Companies, Firms, Umhed

b. The company has not granted unsecured loan to the Companies in the nature of loans

Company has complied with the provisions of section 185 and 186 of the Act, with respect to the loans and investments made except in case of interest free loan given to Companies covered in the register maintained under section 189 of the

Act, which in the opinion of manwement, is not prejudidal to the interest of the

Company.

(v) In our opinion and according to the information and explanations glven to me, the

Company has not accepted any deposit or amounts which are deemed to be deposib, and hence the provisions of Section 73 and 76 or any other relevant provisions of the Companies Act and the Companies (Acceptance of Deposits)

Company. Therefore, the provision of Clause (v) of paragraph 3 of the Order is not applicable to the Company. According to the information and explanations #ven to me, no order has been passed by the Company Law Board or the National Company Law Tribunal or the Reserve Bank of India or any Court or any other Tribunal.

v ) The Central Government has not prescribed the maintenance of cost records under s d o n 148(1) of the Act, for any of the servlces rendered by the Company.

(vii) Inrespectofstatutorydues: a. According to the records of the Company, the Companyis generally regular In depositing wlth appropriate authorities undisputed statutory dues IncIuclJng

Goods and Service Tax, Provident Fund, Employees State Insurance, Income

2026 for a period of more than six months from the date they became payable.

(viii) According to the information and explanation given to me, the Company has not surrendered or disclosed any transaction previously unrecorded in the books of accounts as income during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961). Accordingly, the recluirement to repoa on dause 3Iviii) of the order is not applicable to the company.

(ix) a.The company has not defaulted in repayment of loans or other borrowings or in payment of interest thereon to any lender. b. The Campany 1s not declared as a wllful defaulter by any bank or financial institutions or government or any government authority. c. The Company did not have any tern loans outstanding during the year hence, the requirement to repon on clause 3(ix)(c) of the Order Is not applfcable to the

(xi) a. Based on the audit procedures performed and representation obtained from management We report that, no case of material fraud by the Company or on the Company by its officersor employees has been noticed or reported during the year under audit. h. During the year, no report under section 143(12) of the companies act, 2013 has been filed by cost auditor/secretarlal auditor or by us in Form ADT4 as prescribed under the rule 13 of Companies (Audit and Auditors) Rules,2014 with the Central Government. c. In our opinion and aceording to the explanation and information given to me, there is no whistle-blower complaints received by the Company during the year.

(xii) In our opinion and according to the Information and explanations given to me, the

(xhr) The Company is not required to conduct ah lnternal Audit as per the provision of section 138 of the Compenles Act, 2013 read with Rule 13 of the Companies

(Accounts) Rules, 2014. Hence, the paragraph 3(xlv) of the Order is not applicable.

(xv) Aceording to the information and explanations given to us and based on our examination of the records of the Company, the Company has not entered into nowash transactions with directors or persons connected with him. Accordingly, paragraph 3(xv) of the Order Is not applicable

(mi) The Company is not required to be registered under section 45-IA of the Reserve

Bank of lndla Act 1934.

(xvii) According to the information and explanation given to us and based on our examination of books of accounts, there has been no cash losses incurred by the

(wiii) There has been no resignation from of the Statutory Auditors during the year. Accordingly, paragraph 3[xviii) of the Order is not applicable.

(Referred to in paragraph 2(f) under the heading of "Report on Other Legal and Regulatory Requirements" of our report of even date)

Rep& on the Internal Financial Controls Over Financial Reparting under Clause (I) of Sub -on 3 of Section 143 of the Campanies Act, 2Ol3 ("the Act") We have audited the internal financial controls over financial reporting of R R Securities Ltd.

("the Company") as of 31~1March, 2026 in conjunction with our audit of the Ind AS financial statements of the Company for the year ended on that date.

Managements Responsibilhy for internal Financial Controts

The Companys management is responsible for establishing and maintaining internal flnancial controls based on the Internal control over financial reporting criteria established by the Company considering the essential components of Internal control stated in the

Institute of Chartered Accountants of India ("ICAI"). These responsibilities Include ,the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of Its business, including adherence to 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

Companies Act, 2013.

Auditors Responsibility

Our respofislbllity is to express an opinion on the Companys internal financial controls over financial reporting based on our audit. We have 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 lCAl 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 Financlal Contrak 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 audlt 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 financlal 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 desien 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 Ind AS financial statements, whether due to fraud or error.

We believe that the audlt evidence We have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Companys Internal fmanclal controls system over financial reparting

Meaning of Internal Financial Controls Over Financial Reporting

Inherent Urnitations of Internal Finandal Controls Over financial Reporting

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