Woodsvilla Ltd Auditor Reports

TO THE MEMBERS OF WOODSV1LLA LIMITED

Report on the Audit of the Standalone Financial Statements Opinion

We !u\c audited the accompanying standalone financial statements of WnorisvHIft Limited ("the Company") xxhidi comprise the Balance Sheet as at March 31, 2026 the Statement of Profit and Less (including Other Comprehensive Income), the Statement of Changes in Equity and the Statement of Cash Flows for tl>e year ended on that date, and a summary or the significant accounting policies and other explanotorv information (hereinafter referred ro as the standalone financial statements").

lit (Xir Opinion and to the best of our information nnd according to tire explanations given to us. the aforesaid standalone financial statements give the information required by the Companies Act. 2013 ("the Act") in Uie manner 50 ?"d give n tmeand fair view in conformity with the Indian Accounting Standards prescribed under

action 133 of the Act read with the Companies (Indian Accounting Standards! Rules. 2015. as amended, rind generally accepted in India, of the state of affairs of the Company as at March .l. 2026. the profit & total comprehensive income, changes tn equity and its cash flows lur 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 specified under section 143(10) of the Act (SAs). Our responsibilities under those Standard^ arc further described in the AittliHir s Responsibilities J6r tin? Audit oj the Standalone Financial Statements section of mu report W c arc ind.fx,vl;-1of the Company in accordance w 1th the Code of Ethics issued by the Institute of Chartered Accountants ol lnda 11( A1} ‘"-aether with the independence requirements that arc relevant III uur audit of the standalone financial statements under the provisions of tlvc Act oikI tire Rules made thereunder, and we have fulfilled our other ethical responsibilities tn accordance with these* requirements and the ICAIs Code ol Ktltics. We believe that lire audit

evidence we l?vc obtained sufficient and appropriate to provides basis for utr audit cpinion on the standalone financial statements.

Key Audit Matters

Key audit matters arc those matters that, in our professional judgment, were of most significance... our audit of the statKinlonc financial statements of the current period These matters were addressed in the contest of our audit of

l,e standu onc "nanc,al statements as a whale, and in forming our opinion ihereon. and we do not provide a separate opinion on these matters. 1

Theiv is no Key audit matter to be reported in this report.

Information Other than the Standalone Financial Statements and Auditors ReportTnercon

I lie C ornpany s Board of Directors is responsible for the preparation of tire other infonwition I he other information .L-mpi >sc> the information included m the Management Discussion nnd Analysis. Boards Report including Aimcxutu

StlrSir? T *V Rcp0ft Co‘T,"ra*e Governance and Shareholders Informal, but docs llr>* include the standalone financial statements and our auditors repun thereon.

Our opinion on the standalone financial Statements docs rot cover the other information and we do not express any

TSf? Ve ?" ln COnnCCli(,n Wi,h ourau:li‘ ,>l ,hc -^Xtolonc financial Statements, our

and in **? co,,s,dcr "hc,hci ?•* ?her infonnado., is materially

^ K **?*?* or our knowledge obtained during The course of our audit ur

.InerwiM?Appears u> lx* materially misstated

Managements Responsibility for the Standalone Financial Statements

Ihe Companys Board of Directors is responsible for (lie matters staled in section 134<5) olthc Act with respect to the preparation of these standalone financial statements that give a into and lair view of the financial position, financial performance, total comprehensive income. Changes in equity and cash flows of the Company in accordance with the IndAS and other accounting principles generally accepted in India. This responsibility* also includes maintenance of adequate accounting records in accordance with the paw istonsoflhe Act for safeguarding the assets ofthe Company nnd for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies: mating 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 he accounting records, relevant to the preparation and presentation of the standalone financial statements that give a tiw and fair view and are tree from materia! misstatement, whether due to fraud or error.

In preparing the tfnnd alone financial statements, management is responsible fur assessing the Companys ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using die going concern basis of accounting unless management cither intends le liquidate the Company or to cease operations, or has no realistic alternative but lo do so.

The Board ol Directors arc 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 standalone finnncirJ statements as a whole arc ,av ,,v>m material misstatement, whether due to fraud or error, nnd to issue an auditors report that includes our Opinion. Reasonable assurance is a high level of assurance, but is nut a guarantee lhat an audit conducted in accordance with SAs will always delect a material misstatement when it exists. Misstatements can arise Horn fraud or emu and are considered material if individually or in the aggregate, they could reasonably he expected to influence the economic decisions of users taken on the basis of these standalone financial statements

As pan of .in audit in accordance with SAs. we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks ol material misstatement of die standalone financial statements, whether due to fraud i i error, design and perform audit procedures responsive to those risks, and obtain audit evidence that insufficient and appropriate le provides basis for our opinion live risk of not detecting a material misstatement resulting from fraud is higher than lor one resulting from error, as fraud mav involve collusion, forgery, intentional omissions, misrepresentations, or die override of internal cootixil.

• Obtain an understanding of internal financial controls relevant to the audit in order to derign audit procedures that arc appropriate in ihc circumstances. Under section 143(3X0 of the Act* we arc also responsible for expressing our opinion on whether the Company has adequate inteinnl financial controls sy stem in place and tiie Operating effectiveness of such controls.

• Evaluate the appropriatcnos? of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management

• Conclude on the appropriateness of managements use of the going concern basis of accounting and, based on the audit ev .deuce obtained, whether a material uncertainty exists related to events or conditions that mav cast Significant doubt on the Companys ability to continue as a going concern If we conclude that a material uncertainty exists, we arc required to draw attention in our auditors report to the related disclosures in the standalone financial statements or. if such disclosures are inadequate, t.i imxlifv oui opinkm.Our conduskms nrr based on the audit evidence obtained up to the date of our auditors report. However, future events or conditions may cause the Company to cease to continue ns a gong concern.

Materiality is the magnitude of misstatements in the standalone financial statements that, individually or m aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements may be influenced. We consider qualitative materiality and qualitative factors in(i) planning the scope of our audit work and in c\ aluating the results of our work; and < ii) to evaluate the effect of any ideiuified misstatements in the financial statements.

We communicate with those charged with governance regarding, amongothermntters, the planned scope and limine 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 nil relationship:, and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Pram the matters communicated with those charged with governance, wc determine those matters that were of most significance si the audit of the standalone financial statements of the current period anti are therefore the key audit matters. Wc describe these matters in our auditors report unless law or regulation precludes public disclosure about Ik- mailer or w lien, in extremely rare circumstances, wc determine that a matter should not he communicated in out 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 aud Regulatory Requirements

I As inquired by the Companies(Auditors Report) Order, 2020("the Order"! issued by the Central Government

in terms of Section 143(111 of the Act. we give in "Annexurc A" a statement on tire matters specified n

paragraphs 3 and 4 of five Order

2. As i cq micd by Section l43(3)oftlie Act. based on our audit wc report that

a) Vi e have sought and obtained all tire information and explanations w hich to the best of our knowledge and belie! were necessary lor the purposes of our audit

b) In cur 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 Shed, the Statement of Profit and Loss including Other t. omprehetuivc Income. Statement of Changes in Equity nnd the Statement of Cash Flow dealt with bv this Report arc in agreement with the relevant books of account,

d) In our opinion, die aforesaid standalone financial statements comply with the (MAS specified under Section 133 of tlie Act. read with Rule 7 of the Companies (Accounts) Rules,2014.

e) On the basis of the written representations received from the directors as on March 31. 2025 take non record by the Board of Directors, none of the directors is disqualified ns on March 31, 2025 from being appointed as n director in terms of Section 164 (2) of the Act.

• With respect to the adequacy of the internal fimmciul controls over financial reporting of the Company and iliv operating effectiveness of such controls, refer to our separate Report in •‘Annexurc B Our report expresses an unmodified opinion on the adequacy and operating effectiveness ot the C ompanys internal financial controls over financial reporting.

g) With respect to the ocher niatteis to he included in die Auditors Report m accnrrtarxe with the requirements of section I97( 16) of the Act. as amended:

and according to tire explanations given to us:

L As informed to us. the Company has not any pending litigaiicns which would impact its tinancial position

ii. Ihe Com  xmy docs not have any long term contracts including derivative contracts for which -here

were any material foreseeable losses.

iii There was no amount which was required to he transferred, to the Investor Lducation and Protection Fund by tin: Company

iv. Based on our examination which included test cheeks, the Company has used accounting softwares for maintaining its books of account for the financial year ended March 31.2025 which has a feature of recording audit trail (edit logl facility and the same las operated throughout the > car for all relevant transactions recorded in the softwares Fuither. during the course of our audit we did not come across any instance of audit trail feature being tampered with.

As proviso to Rule 3(1) of the Companies (Accounts) Rules, 20 N is applicable from April 01. 2U23, reporting under Rule 11(g) of the Companies (Audit and Auditors) Rules. 201-1 on preservation of audit trail us per the statutory requirements lor record retention ii not applicahlc lor the financial year ended March 31.2026.

Annex arc A fo the Independent Auditor Kcpoi i

(Referred to in paragraph "!" under ‘Report on Other Legal and Regulatory Requirements section ot our report ofeven date)

With reference to the Annexurc A referred to in the Independent Auditors Report to the members ot the Company on the standalone financial statements for the year ended 31 March 2026. we report the following

(i) (a) tA) The Company has maintained proper records showing full particulars, including

quantitative details and situation of property, plant and equipment

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

tb) According to the information and explanations given lo us and on the basis of our examination of the records of the Company, the Company has u regular programme of physical verification of Us property, plant and equipment by which all property, plnnt andequipment are verified n a phased manner over u period of three years In accordance withthis programme, certain property, plant and equipment were verified during the year. In our opinion, this periodicity of physical verification is reasonable having regard to thesizcof the Com puny and tire nature Of its assets No material discrepancies w ere noticed on such verification.

(C) I he (ompanv have immovable properties and Title Deeds arc in the mime of the Company

(d) According to the information and explanations given to us and on the basis of our examination Ol tl C records of the Compuny. the Company has not revalued its property, plant and equipment (including right of use assets! or intangible assets or both during the year

(e) According to the information and explanations given to us and on die basis ot our examination ol the records of the Company, there arc no proceedings initiated or pending against the Company for holding any benami property under the Prohibition of benatni Property Transactions Act. 1988 and rules made thereunder.

(ifl In respect or Inventory and Working Capital Limit

in) til The Physical Verification ot Inventory has been conducted at reasonable intervals by the Management

<"> Thc coverage and procedure of physically verification of Inventory followed by the Management is reasonable, adequate and appropriate in rchnion to sizefcf Company and nature of its business.

(iii)The Company has maintained proper records of Inventory Dre discrepancies noticed on such verification between physical stock and Book stock Were not material for each class of Inventory and the same have been properly dealt with thc books of accounts.

(b) According to ihc infommtion and explanations given to us and on the basis of our examination of thc records Of thc Company, the Company has not been sanctioned am working capital limits, in aggregate Tom hanks or financial institutions on thc basis of the security of current assets at anv

paint uf lime during the year. Accordingly, clause 3(ii)Cb> of thc Order is not applicable to thc Company.

m Actodln?? ‘lw i,fom,a,ion a,)il Sanations and on the basisofour examination of the record of the

company during the year thc Comnanv has not maA? nmviH^vt .

an> loans or advance* in the nature ot loans secured or unsecured to companies, firms, limited liability partnership or Ollier parties covered in the register maintained under section 18) of the Companies Act.2013.Therefore requirement of Clause (iii) of paragraph of the Order is not applicable to the Company

(ivl In respect of loom, investments, guarantees, and security, provisions of section 185 and 186 of the Companies Act. 2013 have been complied with as upplieublc.

I v) Tlltf Company lias not accepted any deposits or amounts which arc deemed to be deposits from thepublie. Accordingly, clause 3(v)of the Order is not applicable.

<vl) According to the infonmiion and explanations given to us. the Central Government has not prescribed the maintenance of cost records under Section 148(1) of the Act for the services provided by it. Accordingly, clause 3<vi) of the Order is not applicable.

(vii) In respect of statutory dues:

(a) In our opinion, the company has generally been regular m depositing undisputed statutory dues, including Goods and Service Tax. Provident Fund. IrKome Tax and other material statutory dues applicable to it with the appropriate authorities

There were no undisputed nmnunts payable in respect of including Goods and Service Tax, Provident Fund, and other material statutory dues in arrears as at March 31,2026 for a period of more than s-x months from the date they became payable,

I bl According to the information and explanations given to us and on the basis of our examination of the records of the Company. there are no statutory dues relating to GST. Provident Fund, or other statutory dues which have not been dcpoiitcdori account of any dispute.

Iviii) According to the information and explanations given to us and on the basis of our examination of the records of the Company, tlx: Company has not surrendered or disclosed any transactions, previous!* unrecorded as income in tile boohs of account, in the tan assessments under the IncomeTax Act. 1061 as income during the year.

{?) (a) According to the information and explanations given tn us and on tlr basis of our examination of the records of the L ompany. the Company has not defaulted in tlw repayment of loans cr borrowings or in the payment of interest thereon tn any Bankshender.

<b> According to the information and explanations given to us and on the tax* of our examination of :hc records of the Company, the Company has not been declared willful defaulter by any bank oi financial institution or government or government authority.

tc > In our opinion nnd according to the information and explanations given to us by the management, term loans Company litis not taken, thereby this clause is not applicable.

(d! According to ihe information and explanations given to us and >:<: an overall examination of the balance sheet of the Company, wc report tlut no funds raised on short-term basis have been used for long-term purposes by the Company.

(e) <> nn overall examination of the finnrerial statements qf the company, the Company does not have any subsidiaries.

subsidiaries (its defined under lbc Act), since it has no subsidiaries

(x) (a) The Company has not raised any moneys by way of inilia! public offer or further public offer

(including debt instruments) Accordingly, clause 3(xi(a) ofthe Order is not applicable.

lb) According to the information and explanations given to us and on the basis of our examination of (he records of the Company. the Company hat not made am preferential allotment or private placement of shares or fully or partly convertible debentures during the year. Accordingly, clause 3(x)(b)ofthc Older i> not applicable

(xl) (a) Based un examination of the books and records of the Company and according to the information and explanations given to us. considering the pr nciplesof materiality outlinedin the Standards on Auditing, we report that no fraud b> the Company or on the Companyhas been noticed or reported during the course of the audit.

(b) According to the information and explanations given to us. no report under sub-section

(12) of Section 143 of the Act lias been filed by the auditors in Form ADT-4 as prescribed under Rule 13 of Companies (Audit and Auditors) Rules. 2014 with the Central Government

(c) According to information no whistle blower compla;nts received by the Company during the year while determining the nature, timing and extent of our audit procedures.

(xii) According to the information and explanations given to us, the Company is not a Nidhi Company Accordingly. clause 3<xiij of the Order is not applicable.

(xiiii In our opinion and according to the information and explanations given to us. the transactions w ith related parlies are incompliance with Section 177 mid 188 of the Act. where applicable, and the details of the related party transactions have been disclosed in the standalone financial statements as required by the applicable accounting standards

(xiv) (a)The requirement of Internal Audit is applicable to the Company The Company has internal Audit

System commensurate with the size and nature of the business.

(xv) In our opinion and according to the Information and explanations given to us. the Company has not entered into any non-cash transactions wit: its directors or persons connected to its directors and hcrtcc. provisions of Section 192 of the Act are not applicable to the Company.

<xvi> la) Iltc Company is not required to be registered under Section 45-1A of the Reserve Bank of India \ct. 1934. Accordingly , clauses 3(xviXa)and 3(xviXb)ofthe Ode are not applicable.

ib) I he Company is not u Core Investment Company (CIO at defined in the regulations tnadeby :he Reserve Bank of India Accordingly, clause 3(xvi i(c) of lire Order is not applicable

(C) According to the information and explanations provided to us during the course of aud.t.the Group docs not have any CICs.

(xvii) I he Company has not incurred cash losses in the current and in the immediately preceding fmancialyear.

(xviii) There has been no resignation of the statutory auditors during tlx: > car. Accordingly, clause 3(xviii)of the Order is not applicable.

Ixix) According to the information and explanations given to us and on the basts 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, our knowledge of the Board ol Director and management plans and based on our examination of tlte evidence supporting the assumptions, nothing has come to our at tent ion. which causes us to believe that any material uncertainty exists as on tie date ofthe audit report that the Company is not capable of meeting ib liabilities existing at the date of balance sheet as and when they fall due within a period of one yearfrom the balance sheet time. We. Itowever. state that this is not an assurance as to the future vinbilityofthc Company We further state that our reporting is based on the facts up to the date of the nuditreport and we neither give any guarantee nor uny assurance that all liabilities falling doc within a period of one year from the balance sheet date, will get discharged by the Company as and w hen they fal I doe

(xx) (a) Requirements of Corporate Social Responsibility (CSR) is not applicable to tire Company Accordingly, reporting under clause 3(x.\ xa> and tb> ofthe Order ts not applicable for the year.

(xxi) I l>r reporting under clause (xxi) is not applicable on the compon) Consolidated financial statement no! applicable on the company