Snehaa Organics Ltd Auditor Reports

To

The Members of SNEHAA ORGANICS PRIVATE LIMITED

Report on the audit of the frnandal statements

[. Opini?n.

We have audited ?he actompanymg ?inancial State me nts of SNEHAA ORGANICS PRIVATE LIMITED") ("Ihe Company "), chichi comprime the balance she-et as at March 31. 202-t the Statement of Profh and Loss and Cash Flow S?atem^pt For ih;- year then endec and notes to the financial statemenrs indudincj a summary ?f significan! accountiny p?lices and otfiei explanalory in?ormation

tn our opmior, and to the best o? our information and accordmg to the exptanations given to us, the aforesard finanoal stacements qive the information reqmred by the Compa??a Al1, 2?13 {AclJ ni the mannei so required and give a tme and fair view jn conformity w?th the acrounting principies gencralfy actepled m iridia of the State o? alfairs of tile Company as at March 31 2024, it< Profit for the year ended on that date.

II. Basis. for opini?n

We conr?ucted o?r audit m accordance with the slandards on audrtmg speofied under section Mi {10) of the Compames ftjct, 201 iv Our respcns bdities under those Standards are furthei describe:: in i he audtors responsrbililies for the audit of m.e hnanc.al Statemenfef section c? our report We are independen: ot the Company in accordance with the code of ethici, issned by Ihe Irstitute uf thartered Accounlants of India together with the ethical ?equirements that are re?evant to our and X of r?e financial statemc-nts under the provismns of the At t and the rules theieunr?ei and we have fu?filfed oui otfier etfucal responsibilities iri accorr.lance with these requirements and the code of elhics

We bel eve that the audit evidence we have obtaineo is Si?ficierit and appinpr ate ?o provme a basis for our opmior

IIL Key audit matters

Ke. audit matters are thcs0 natters that ?n our professional judgment, were of most significance ?n our audit of trie financia statements tr the current perind. These matters were addressed in the context of our audit of the Financial statemenLs as a ?.viole and in forming our opini?n thereon, and we do not pro vi de a sep?rate opini?n on these matters.

Repodinri of key audit matters as per SA 70.. Key Audit Matters are not applicable to the Company as it is an unlisted

company.

IV. Information other than the f inane jai statements and auditors report thereon

i he Companys board of directora is responsible for the prepararon of the other information. The other information comprases the information induded in the Eoards Report induding Annexure to Boards Report. Business Responsibility Report but does not inelude the financial State ment? and our auditors report thereon,

O upmion on the imane a statements does nol cover the other information and we do not express arty form of assurance conclusi?n thereon,

In connection with our audit of the financial statements, our responsibility is to read the other information and., in doing so. on?ider whether the other nlormation is materially inconsistent with the standalone financial statements or our knowledge obtamed during the course of our audit cr otherwise aopears to be materially misstated.

[f, based on the work we ha ve performed, we condude 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.

V. Manaqement s responsibility for the financia! statements

The Ccmpanys board of director: are responsible for the matters stated in section 134 (5) of the Act with respect to the preparador ot these financial statements that give a true and fair view of the financial position, financial performance and cash fiows of the Company in accordance with the accounting principies qenerally accepted in India, induding the accounting standares specified under section 13! of the Act. This responsibility aiso indudes maintenance of adequate accounting records m accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irreguiarities; se ecticn ard application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent: and desrgn, implementation and maintenance of adequate interna! financial cont^rols, that were opera ti r?g effectively for ensuring the accuracy and completeness of the accounting records, relevart to the oreparation ano presentaron of the financial statement that give a true and fair view and are t>ee ?rom material misstatement, whether due to fraud or error.

i he boards of directora are also responsible for overseeing the Companys finandal reporting proc?is.

VL Auditors responsibilities for the audit of the fmaiieial statements

Qur objectives are to obtain reasonable assurance about whether the finandal statements ai whoie are fres frorr. material misstatement, whether due to fraud or error, and to issue an auditors repon that ?ridudes our opini?n, Reasonable assurance s a high level of assurance, but is no; a guarantee that an audit conducted ?n accordance with SAs wi? a?ways detect a material misstaterncnt when it exists. Misstatements can arise from fraud or error and are cor-, dered materia! r. ?ndividualiy o? in the aggregate.. they could reasonably be expected to influence the econom-c dec?stotis of users taken on the basis of these f?nancial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and mu i-lain grotcssronsl skepticlsm tnroughout the audit. We also:

i Tdentify and assess the risks of material misstatement of the financia statements, whether due to fraud or erro- design and perform audit procedures responsive to those risks, and obtain audit evidence thrit s sufficient and appropriate te provide a basis for our opini?n, The risk of not detecting a material misstatement resulnnc from fraud is higher than for one resulting from error, as fraud inay involve collusion, forgery, intentional omssons, m.^:srepresenta?ions,‘or the override of internal control.

b. Qbtain an understanding o? intemal control relevant to the audi! in order to des^gr audit >roce dures that are appropriate in che circumstances. Under section 143<3)(i) of the Companies Act. 2013 we are also responsibfe for expressing our Opini?n en whether the company has adequate internal financial Controls System in place and the operating effectiveness of such Controls

c. Eval?ate the appropriateness of accounting policies used ano the rea so na ble ness of ate ountuig est?males and related disdosures made by management.

d. Condude en the appropriateness of managements use of the go?ng concern basis of accounting and. based on the audit evidente oblained, wheth?t a material uncertainty exists related to events orconditions that may cast significant doub; on the Companys ability to continu? as a going concern, Ir we conciude that. a material uncertainty exists, we are requ r -d to draw attention in our auditors report to the related disdosures in the finandal statements o , if such disdosures are madequate, to modify our opini?n. Our conclusions are based on the audit evidente obtained up to the date of our auditors report. However, future events or conditions may cause the Company to cesse to continu? as a going concern.

e. Eval?ate the overall presentaci?n, structure and conten? of the f nancia statements, irteluding the disdosures, and whether the financial statements represent the underlymg transactions and events m a nvmncr that achieves fair presentation, *

? We communicate with fhose charged with governance regarding, among other matters. the . anned scope and ?iming of the audit and significant audit findings. induding any significant deficiencias in internal contiO thatwe identify dunne; our audit.

Wf abo provide diose charged with governance w?th a statement that. we ha ve complied with reievant achica! requirements reqarding mdependence, and to communicate with them all relationships and other mauers that may reasonably be thought to bear on our independen ce, and where applicable, reiated safeguards, From the matters communicated with those charged with gobernante, we determine those matters that were of most significance in the audit o? the financia! statements o? the curren: period and are theiefore the key auc?it matters. We describe these matters in our auditors report unless law o: regulaticn predudes public disdosure aboilt the matter or when. in extremely rare circumstances, we determine that a matter -.hould not be commurticaced in our repon because the adverse consequences of doing so wouid reasonably be expected to outwe-qh the public ?nterest benefrts of such communication

Vil. Report on other feaal and reciu?atorv requirements

The provisions n^; the Compa??es {Auditors Report) Order, 2020 {the Order"). issoed by the Centra! Government of

India n terms of sub-section (11) of secci?n 143 of the Companies Act, 2013 is not apph cable to the Company since

!t is a smafl company and

(a) Its paid-up cap -.a are less than Rs.4 Crores as at the balance sheet date and

(b) its turnover of which as per its last profit and loss account for the immediateiy preceding financia! ye3r does not exceed T 40 crece As required by Sect<on 143(3) of the Act, we report that:

As pe? Se: 2(85) o? Companies Act, 2013 read with Rule 2(1 Ht) of toe Companies (Specification of Definitions

Details) R? es, 2014 a? amended by Companies (Specification of definici?n details) Amendment Rules, 2022 w.e.f.

15.09.2022, small company means a company, other than a public company.

(i) Paid-up share capital of which does notexceed T 4 crorerand

(ii) turnover of which as per its ?ast profit and loss account for the immediateiy preceding financia] yeardoes not exceed ? 40 crore.

(a) We have sought and obtained all the Information and explanations which to the best of our knowledge ano oelief we^re necessary for the purposes of our audit;

(b) ln our opini?n proper books of account as required by law have been kept by the Company so far as it appears rrom our exammalion of those books:

(c) The balance sheet aro the statement of profit and loss deait with by this report are in agreement with the books o^f account:

id) ?n our opini?n, rhe a?oresaid financial sta?ements comply with the accounting standards specified under section 133 of the Act. read with rule 7 of the Companies (Accounts) Rules, 2014;

(e) On the bas s of the written representaban; received from the directora of SNEHAA ORGANICS PRIVATE LIMITEDas on March 31, 2024 and taken on record by the Board of Directors, we report that they are not disqualified from being appointed as directors in terms of Section 164 (2) of the Act:

(f) With respect to c ie aclecuacy of the .ntemal financia i centr?is ovar ?marcial rep iniftg "^J i he Cpmpany and LhP operad ng ef?ectiveness of such Controls, are not apphcahle to the company

(I)

i. With respec? to the other matters to be inchided in the Auditor s Reood in ace tu-anee with Rule ^J1 the Co?npanies {Audi* and Auditons) Rules, 2GH in ?ur opini?n and to the best of q?r Information and accordlng to the expianations given to us: the Company does not have any pend? ng Iftigatlons which wcrnld impact ts f ira noel posltion;

?i, The Company does not heve any long term contracts ?ncludlng derivad ve contra cts for which the re were any materia! foreseeable losses; and

n . There were no anounts which were required to be transferred te the Investo ?d uta ti Oh and Protecticn Fund by the Company.

(a) Management has representad that, lo the best of ?ts kr.owleoge and belief, dther than as dfsdosed r the notes to the accounts, no funds have been advanced ot o?n?d or investid (eithei Ftom borrpwed funds or share premium or any other sources or kind of funds) by the Company to or .n any other personfs) or entity(is), Iriduding foreign entities ("Intemnediaries": with the ?jnciersrsnding. whefher retorced in wri?ing or otherwise. that the Intermediary shal ^belher, dire< tly . r ir?dfrerily lene or invest? in other persons or entities ?dentified in any manner whatsoever by 01 on behalf of the Company ("Ult?mate Beneficia r?es") or provide any guatantee, seturity of the hke or behalf o? the Ultim?te Beneficienes.

(b) Management has represented that, to the best of ts knowledge and belief atraer than as disdosrr i the notes to the accounts, no furtds have been rece ?ved by the Campa ay from any person?) or rrtityiies), induding foreign entities ("Fundir,g Rart.es"). with the underst md n i .vnethei recorded n wiiting or otherwise, that the Company shall_r whether, directly o- mdirecty. end or mvesi ir- other persons or ent^:ties ?dentified in any mar,ner whaisoever by oron beba f ot rho F i ding Party ("Ult?mate Beneficiarles"} or provide any guarantee, security or the lise on behalf of the Ult?mate Beneficiarles -inri

(c) Based or. the audit procedures ariopted by os, noth.rg ?as .ume to ou rotice tnat ?as caused us te believe ihaT the represemations made by tne Maragement under sub da use (a) and [bj aboye, tontain any material misstatement

. The comoany had neither proposeo ?or deciared any dividend de ring ihe year.

(h) In our opin on, Section 197 of the Companles Act, 2013 is not applicable to Pr?vate I imited Company.

VIH. Audit Trafl

Based or our examina?ion, which induded test checks, the Company has used acccL-rmrq Software for meintamlng te

fdclity and the same has opera?ed throughout the year for *11 relevant transactions recordad in che softwares. Further. during Che course of our audit wedid not come across any instante o? the audit ti ai^: feature being campered with.

As proviso to Rule 3(1) cf the Compames (Accounts) Rules., 2014 is applicable from Aptil 1, 2023, reporting under Rule 11(g) cf :he Com pa??es (Aud c and Auditors) Rules, 2014 or? preservaron of audit tra es per the statutory requirements for ecord recentior is not applicable for the finanoal year ended March 31. 2024