Bijoy Hans Ltd.की ऑडीटर रिपोर्ट

Mar 31, 2025

We have audited the accompanying financial statements of BIJOY HANS LIMITED (“the Company”),
which comprise the Balance Sheet as at March 31, 2025, and the Statement of Profit and Loss (including
Other Comprehensive Income), statement of cash flows and the statement of Changes in Equity for the
year then ended, and notes to the financial statements, including a summary of material accounting
policies and other explanatory information.

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 Companies Act, 2013 (‘Act’) in the
manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at March 31, 2025 and its profit , its cash flows
and the Changes in Equity for the year ended on that date.

Basis for opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143
(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the
Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are
independent of the Company in accordance with the code of ethics issued by the Institute of Chartered
Accountants of India together with the ethical requirements that are relevant to our audit of the financial
statements under the provisions of the Act and the rules there under, and we have fulfilled our other
ethical responsibilities in accordance with these requirements and the code of ethics. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the
financial statements.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our
audit of the financial statements of the current period. These matters were addressed in the context of our
audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a
separate opinion on these matters.

Information other than the financial statements and auditors’ report thereon

The Company’s board of directors is responsible for the other information. The other information
comprises the information included in the Board’s Report but does not include the financial statements
and our auditor’s report thereon.

Our opinion on the financial statements does not cover the other information and we do not express any
form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained during the course of our audit or otherwise appears to be materially
misstated. If, based on the work we have performed, we conclude 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.

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 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. This responsibility also includes maintenance of adequate accounting records in accordance with
the provisions of the Act for safeguarding of 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
statement that give a true and fair view and are free from material misstatement, whether due to fraud or
error.

In preparing the financial statements, management is responsible for assessing the Company’s 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.

The management is also responsible for overseeing the company’s financial reporting process.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that
includes our opinion. 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 financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional
scepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the 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 opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override
of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Companies
Act, 2013, we are also responsible for expressing our opinion on whether the company has
adequate internal financial controls system in place and the operating effectiveness of such
controls.

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

• Conclude on the appropriateness of management’s use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to events
or conditions that may cast significant doubt on the Company’s ability to continue as a going
concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and events
in a manner that achieves fair presentation.

We communicate with the Board of Directors regarding, among other matters, the planned scope and
timing of the audit and significant audit findings, including any significant deficiencies in internal control
that we identify during our audit.

We also provide the Board of Directors with a statement that we have complied with relevant ethical
requirements regarding independence, and to communicate with them all relationships and other matters
that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

From the matters communicated with the Board of Directors, we determine those matters that were of
most significance in the audit of the financial statements of the current period and are therefore the key
audit matters. We describe these matters in our auditor’s 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

1. As required by the Companies (Auditor’s Report) Order, 2020 (“the Order”), issued by the
Central Government of India in terms of sub-section (11) of section 143 of the Companies Act,
2013, we give in the Annexure “A”, a statement on the matters specified in paragraphs 3 and 4 of
the Order, to the extent applicable.

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 purpose of our audit;

b. In our opinion, proper books of account as required by law have been kept by the Company so far
as appears from our examination of those books

c. The Balance Sheet, Statement of Profit and Loss including Other Comprehensive Income, the
Cash Flow Statement and the Statement of Changes in Equity dealt with by this Report are in
agreement with the books of account.

d. In our opinion, the financial statements 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 basis of written representations received from the directors as on March 31, 2025, and
taken on record by the Board of Directors, none of the directors is disqualified as on March 31,
2025, 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, 2014, in our opinion and to the best of our
knowledge and belief and according to the information and explanations given to us:

i) The Company does not have any pending litigations as at 31^st March 2025 which would
impact on its financial position.

ii) The Company did not have any long-term contracts including derivative contracts as at
31^st March 2025.

iii) There were no amounts which were required to be transferred to the Investor Education
and Protection Fund by the Company during the year ended 31^st March, 2025.

iv) a) The Management has represented that, to the best of its knowledge and belief, no funds
have been advanced or loaned or invested (either from borrowed funds or share premium
or any other sources or kind of funds) by the Company to or in any other person/ entity,
including foreign entities (‘Intermediaries’), with the understanding, whether recorded in
writing or otherwise, that the Intermediary has, whether directly or indirectly lend or
invest in other security or the like on behalf of the Ultimate Beneficiaries; 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.

b) The Management has represented that, to the best of its knowledge and belief, no funds have
been received by the Company from any person/ entity, including foreign entities, that the
company has directly or indirectly, lend or invest in other persons or entities identified in any
manner whatsoever by or on behalf of the Funding Party (“Ultimate Beneficiaries”) or provide
any guarantee, security or the like on behalf of the Ultimate Beneficiaries;

c) Based on our audit procedures which we have considered reasonable and appropriate in the
circumstances and according to the information and explanations provided to us by the
Management in this regard, nothing has come to our notice that has caused us to believe that the
representations made by the Management under sub-clause (i) and (ii) contain any material
misstatement.

v) No dividend has been declared or paid during the year by the company.

vi) Based on our examination which included test checks, the Company has used accounting
software for maintaining its books of account for the financial year ended 31st March,
2025, which has a feature of recording audit trail (edit log) facility and the same has
operated throughout the year for all relevant transactions recorded in the software. Further,
during the course of our audit we did not come across any instance of audit trail feature
being tampered with and the audit trail has been preserved by the Company as per the
statutory requirements for record retention.

For RAJESH SURANA & CO.

Chartered Accountants

(Registration No. 0325658E)

SD/-

CA Rajesh Surana

Place: Guwahati - 781001

Proprietor

Date: The 26^th day of May, 2025

Membership No. 062977

UDIN:25062977BMKUOS4045

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Mar 31, 2024

We have audited the accompanying financial statements of BIJOY HANS LIMITED ("the Company"), which comprise the
Balance Sheet as at March 31, 2024, and the Statement of Profit and Loss (including Other Comprehensive Loss),
statement of cash flows and the statement of Changes in Equity for the year then ended, and notes to the financial
statements, including a summary of significant accounting policies and other explanatory information.

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 Companies Act, 2013 (''Act'') in the manner so required and give a true
and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the
Company as at March 31, 2024 and its loss, its cash flows and the Changes in Equity for the year ended on that date.

Basis for opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143 (10) of the
Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor''s Responsibilities
for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance
with the code of ethics issued by the Institute of Chartered Accountants of India together with the ethical
requirements that are relevant to our audit of the financial statements under the provisions of the Act and the rules
thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the
code of ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our opinion on the financial statements.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the
financial statements of the current period. These matters were addressed in the context of our audit of the financial
statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these
matters.

Information other than the financial statements and auditors'' report thereon

The Company''s board of directors is responsible for the other information. The other information comprises the
information included in the Board''s Report but does not include the financial statements and our auditor''s report
thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of
assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, consider whether the other information is materially inconsistent with the financial statements or our

knowledge obtained during the course of our audit or otherwise appears to be materially misstated. If, based on the
work we have performed, we conclude 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.

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 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. This responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding of 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 statement that give a true and fair
view and are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is responsible for assessing the Company''s 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.

The management is also responsible for overseeing the company''s financial reporting process.

Auditor''s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor''s report that includes our opinion.
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 financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism
throughout the audit. We also:

• Identify and assess the risks of material misstatement of the 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 opinion. The risk of not detecting a material misstatement
resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances. Under section 143(3)(i) of the Companies Act, 2013, we are also responsible
for expressing our opinion on whether the company has adequate internal financial controls system in place
and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and

related disclosures made by management.

• Conclude on the appropriateness of management''s use of the going concern basis of accounting and, based
on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that
may cast significant doubt on the Company''s ability to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures,
and whether the financial statements represent the underlying transactions and events in a manner that
achieves fair presentation.

We communicate with the Board of Directors regarding, among other matters, the planned scope and timing of the
audit and significant audit findings, including any significant deficiencies in internal control that we identify during our
audit.

We also provide the Board of Directors with a statement that we have complied with relevant ethical requirements
regarding independence, and to communicate with them all relationships and other matters that may reasonably be
thought to bear on our independence, and where applicable, related safeguards.

From the matters communicated with the Board of Directors, we determine those matters that were of most
significance in the audit of the financial statements of the current period and are therefore the key audit matters. We
describe these matters in our auditor''s 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

1. As required by the Companies (Auditor''s Report) Order, 2020 ("the Order"), issued by the Central Government of

India in terms of sub-section (11) of section 143 of the Companies Act, 2013, we give in the Annexure "A", a

statement on the matters specified in paragraphs 3 and 4 of the Order, to the extent applicable.

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 purpose of our audit;

b. In our opinion, proper books of account as required by law have been kept by the Company so far as appears
from our examination of those books

c. The Balance Sheet, Statement of Profit and Loss including Other Comprehensive Income, the Cash Flow
Statement and the Statement of Changes in Equity dealt with by this Report are in agreement with the books
of account.

d. In our opinion, the financial statements 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 basis of written representations received from the directors as on March 31, 2024, and taken on

record by the Board of Directors, none of the directors is disqualified as on March 31, 2024, 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, 2014, in our opinion and to the best of our knowledge and belief and
according to the information and explanations given to us:

i) The Company does not have any pending litigations as at 31^st March 2024 which would impact on its
financial position.

ii) The Company did not have any long-term contracts including derivative contracts as at 31^st March
2024.

iii) There were no amounts which were required to be transferred to the Investor Education and
Protection Fund by the Company during the year ended 31^st March, 2024.

iv) a.The Management has represented that, to the best of its knowledge and belief, no funds have been
advanced or loaned or invested (either from borrowed funds or share premium or any other sources
or kind of funds) by the Company to or in any other person/ entity, including foreign entities
(''Intermediaries''), with the understanding, whether recorded in writing or otherwise, that the
Intermediary has, whether directly or indirectly lend or invest in other security or the like on behalf of
the Ultimate Beneficiaries; 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.

b. The Management has represented that, to the best of its knowledge and belief, no funds have
been received by the Company from any person/ entity, including foreign entities, that the company
has directly or indirectly, lend or invest in other persons or entities identified in any manner
whatsoever by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any guarantee,
security or the like on behalf of the Ultimate Beneficiaries;

c. Based on our audit procedures which we have considered reasonable and appropriate in the
circumstances and according to the information and explanations provided to us by the Management
in this regard, nothing has come to our notice that has caused us to believe that the representations
made by the Management under sub-clause (i) and (ii) contain any material misstatement.

(v) No dividend have been declared or paid during the year by the company.

(vi) Based on our examination which included test checks, the Company has used accounting software
for maintaining its books of account for the financial year ended 31st March, 2024, which has a
feature of recording audit trail (edit log) facility and the same has operated throughout the year for
all relevant transactions recorded in the software. Further, during the course of our audit we did not
come across any instance of audit trail feature being tampered with and the management has
represented that the audit trail feature cannot be disabled. As provision to Rule 3(1) of the
Companies (Accounts) Rules, 2014 is applicable from April 1, 2023 reporting under Rule 11(g) of the
Companies (Audit and Auditors) Rules, 2014 on preservation of Audit Trail as per the statutory
requirements for records retention is not applicable for the Financial Year ended 31st March, 2024.

for RAJESH SURANA & CO.

Chartered Accountants
(Registration No. 0325658E)

Sd/-

CA Rajesh Surana

Place: Guwahati - 781001 Proprietor

Date :The 30^th day of May, 2024 Membership No. 062977

UDIN: 24062977BKCXUS8121

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Mar 31, 2014

We have audited the accompanying financial statements of BIJOY HANS LIMITED, which comprise the Balance Sheet as at March 31, 2014, the Statement of Profit & Loss and Cash Flow Statement for the year then ended and a summary of significant accounting policies and other explanatory information.

Management''s Responsibility for the Financial Statements

Management is responsible for 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 Accounting Standards referred to in Section 211(3C) of the Companies Act, 1956 ("the Act"). This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the financial 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 conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those standard require that we company with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatements.

An audit invoices performing procedure to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the audit''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 consider internal control relevant to the Company''s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, 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 option.

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.

(a) In the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2014;

(b) In the case of the Statement of Profit and Loss, of the profit for the year ended on that date; and (c) In the case of the Cash Flow Statement, of the cash flows for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor''s Report) Order, 2003 ("the Order") issued by the Central Government of India in terms of Section 227(4A) of the Act, we give in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the Order.

2. As required by Section 227(3) of the Act, we report that:

(a) We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit;

(b) In our opinion, proper books of Account as required by law have been kept by the Company so far as 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 Balance Sheet, the Statement of Profit and Loss and the Cash Flow Statement comply with the Accounting Standards referred to in section 211(3C) of the Act.

(e) On the basis of the written representations received from the directors as on March 31, 2014, taken on record by the Board of Directors, none of the directors is disqualified as on March 31, 2014 from being appointed as a director in terms of Section 274(1)(g) of the Act.

ANNEXURE REFERRED TO IN PARAGRAPH 1 OF OUR REPORT OF EVEN DATE ON THE ACCOUNTS OF ''BIJOY HANS LIMITED'' FOR THE YEAR ENDED 31.03.2014

1) In respect of its Fixed Assets:

(a) The Company has maintained proper records showing full particulars and situation of fixed assets.

(b) All the Fixed Assets of the company have been physically verified by the management during the year and no material discrepancies were noticed on such verification.

(c) The company has not disposed off substantial part of its fixed assets, which will affect the going concern status of the company.

2) In respect of its inventories:

(a) The Inventory has been physically verified by the management during the year. In our opinion the frequency of verification is reasonable.

(b) In our opinion, the procedures of physical verification of inventory followed by the management is reasonable and adequate in relation to the size of the Company and nature of its business.

(c) The Company is maintaining proper records of inventory and no discrepancies were noticed on physical verification of inventory.

3) The Company has not granted any loans, secured or unsecured, to companies, firms or other parties covered in the Register maintained under Section 301 of the Act.

4) In our opinion, there are adequate internal control procedures commensurate with the size of the Company and the nature of its businesses for the purchases of inventory, fixed assets and for the sale of goods and services. Further, we have neither come across nor have been informed of any major weaknesses in the aforesaid internal control system.

5) (a) Based on the examination of the records and according to information and explanations given by the management, we are of the opinion that the contract and arrangements that need to be entered in the register maintained in pursuance of sec.301 of the Companies Act, have been duly entered in the said register.

(b) Based on the examination of the records and according to information and explanations given by the management, we are of the opinion that the transaction made in pursuance of contracts or arrangements entered into the Register in pursuance of Sec. 301 of the Act and exceeding the value of Rupees Five Lakhs in respect of each party has been made at price which are reasonable having regard to the prevailing market prices at the relevant time.

6) The Company has not accepted any deposits from the public hence the directives issued by Reserve Bank of India and the provisions of Section 58A and 58AA or any other relevant provisions of the Act.

7) The Company has an Internal Audit System, which in our opinion, commensurate with the size and nature of its business.

8) The Central Government has not prescribed the maintenance of cost records under section 209(1)(d) of the Act for the company as it is engaged in trading activities only.

9) According to the records of the Company, the company is regular in depositing undisputed statutory dues including VAT, Income Tax etc. with the statutory authorities. There are no statutory dues e.g., Income Tax, VAT, Service Tax etc., as at 31/03/2014, that have not been deposited on account of any dispute.

10) The Company has no accumulated Losses as at 31st March 2014. It has not incurred any cash losses in the immediately preceding financial year.

11) According to the records of the Company examined by us and the information and explanation given to us, the Company has not obtained any financial assistance from any financial institution or bank as such the requirement of clause (xi) of the order is not applicable.

12) According to the records of the Company examined by us and the information and explanation given to us, the Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other investments.

13) The provisions of any special statute applicable to chit fund/nidhi/mutual benefit/societies are not applicable to the Company.

14) The Company is not dealing or trading in shares, debentures and other investments.

15) In our opinion and according to the information and explanation given to us, the Company has not given any guarantee for loans taken by others from banks or Financial Institution during the year.

16) The Company has not taken any term loan during the year.

17) On the basis of our examination of the Balance Sheet of the Company, no funds were raised during the year by the company.

18) The Company has not made any preferential allotment of shares during the year.

19) The Company has not issued any Debentures during the year under audit.

20) The Company has not raised any Money by public issues during the year under audit.

21) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, we have neither came across any instance of fraud on or by the Company, noticed or reported during the year nor we have been informed of such case by the management.

for MOHANLAL SHARMA & CO. CHARTERED ACCOUNTANTS Firm Registration No.323282E

GUWAHATI (M.L. SHARMA) The 20th day of May, 2014 PARTNER M. No.005467

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Mar 31, 2012

We have audited the attached Balance Sheet of ‘BIJOY HANS LIMITED', GUWAHATI-781008 as at 31st March 2012 and also the Statement of Profit and Loss Account and the Cash Flow Statement for the year ended on that date annexed thereto. These Financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our Audit in accordance with Auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An Audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An Audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

1 . As required by the Companies (Auditor's Report) Order, 2003 issued by the Central Government in terms of Section 227 (4A) of the Companies Act, 1956 and on the basis of such checks as considered appropriate and according to the information and explanation given to us during the course of our audit, we enclose in the annexure hereto a statement on the matters specified in paragraphs 4 and 5 of the said Order.

2. Further to our comments in the Annexure referred to in paragraph I above, we state that:

a) We have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for the purpose of our audit;

b) In our opinion, proper books of account, as required by law, have been kept by the Company so far as appears from our examination of those books;

c) The Balance Sheet, Statement of Profit and Loss and Cash Flow Statement dealt with by this report are in agreement with the books of account;

d) In our opinion, the Balance Sheet, Statement of Profit & Loss Account and the and Cash Flow Statement dealt with by this report comply with the Accounting Standards referred to in Sec. 21 1(3C) of the Companies Act, 1956;

e) On the basis of written representations received from the Directors, and taken on record by the Board of Directors, we report that none of the directors are disqualified as on 31st March, 2012 from being appointed as a director in terms of Clause (g) of sub section (1) of Section 274 of the Companies Act, 1956;

f) In our opinion and to the best of our information and according to explanations given to us, the said Accounts give the information required by the Companies Act, 1956, in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India;

i) in the case of the Balance Sheet of the state of the affairs of the Company as at 31sl March, 2012;

ii) in the case of the Statement of Profit and Loss of the profit of the Company for the year ended on that date; - and -

iii) in the case of the Cash Flow Statement, of the cash flows for the year ended on that date.

ANNEXURE REFERRED TO IN PARAGRAPH 1 OF OUR REPORT OF EVEN DATE ON THE ACCOUNTS OF ‘BIJOY HANS LIMITED' FOR THE YEAR ENDED 31.03.2012

1) (a). The Company has maintained proper records showing full particulars and situation of fixed assets.

(b). All the Fixed Assets of the company have been physically verified by the management during the year and no material discrepancies were noticed on such verification.

(c). The company has not disposed off substantial part of its fixed assets, which will affect the going concern status of the company.

2) (a). The Inventory has been physically verified by the management during the year. In our opinion the frequency of verification is reasonable.

(b). In our opinion, the procedures of physical verification of inventory followed by the management is reasonable and adequate in relation to the size of the Company and nature of its business.

(c). The Company is maintaining proper records of inventory and no discrepancies were noticed on physical verification of inventory.

3) The Company has not granted any loans, secured or unsecured, to companies, firms or other parties covered in the Register maintained under Section 301 of the Act.

4) In our opinion, there are adequate internal control procedures commensurate with the size of the Company and the nature of its businesses for the purchases of inventory, fixed assets and for the sale of goods and services. Further, we have neither come across nor have been informed of any major weaknesses in the aforesaid internal control system.

5) (a) Based on the examination of the records and according to information and explanations given by the management, we are of the opinion that the contract and arrangements that need to be entered in the register maintained in pursuance of sec.301 of the Companies Act, have been duly entered in the said register.

(b) Based on the examination of the records and according to information and explanations given by the management, we are of the opinion that the transaction made in pursuance of contracts or arrangements entered into the Register in pursuance of Sec. 301 of the Act and exceeding the value of Rupees Five Lakhs in respect of each party has been made at price which are reasonable having regard to the prevailing market prices at the relevant time.

6) The Company has not accepted any deposits from the public hence the directives issued by Reserve Bank of India and the provisions of Section 58A and 58AA or any other relevant provisions of the Act.

7) The Company has an Internal Audit System, which in our opinion, commensurate with the size and nature of its business.

8) The Central Government has not prescribed the maintenance of cost records under section 209( 1 )(d) of the Act for the company as it is engaged in trading activities only.

9) According to the records of the Company, the company is regular in depositing undisputed statutory dues including VAT, Income Tax etc. with the statutory authorities. There are no statutory dues e.g.. Income Tax, VA'P, Service Tax etc., as at 31/03/2012, that have not been deposited on account of any dispute.

10) The Company lias no accumulated Losses as at 31sST March 2012. It has not incurred any cash losses in the immediately preceding financial year.

I I) According to the records of the Company examined by us and the information and explanation given to us, the Company has not obtained any financial assistance from any financial institution or bank as such the requirement of clause (xi) of the order is not applicable.

12) According to the records of the Company examined by us and the information and explanation given to us, the Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other investments.

13) The provisions of any special statute applicable to chit fund/nidhi/mutual benefit/societies are not applicable to the Company.

14) The Company is not dealing or trading in shares, debentures and other investments.

1 5) In our opinion and according to the information and explanation given to us, the Company has not given any guarantee for loans taken by others from banks or Financial Institution during the year.

16) The Company has not taken any term loan during the year.

I 7) On the basis of our examination of the Balance Sheet of the Company, no funds were raised during the year by the company.

18) The Company has not made any preferential allotment of shares during the year.

19) The Company has not issued any Debentures during the year under audit.

20) The Company has not raised any Money by public issues during the year under audit.

21) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, we have neither came across any instance of fraud on or by the Company, noticed or reported during the year nor we have been informed of such case by the management.

for MOHANLAL SHARMA & CO.

CHARTERED ACCOUNTANTS

Firm Registration No.323282E

GUWAHATI (SUNIL SHARMA)

The 14th day of August. 2012 PARTNER

M No.:057307

---

Mar 31, 2010

We have audited the attached Balance Sheet of "BIJOY HANS LIMITED, GUWAHATI-781008 as at 31st March 2010 and the Profit & Loss Account and also the Cash Flow Statement for the year ended on that date annexed thereto. These Financial statements are the responsibility of the companys management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our Audit in accordance with Auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An Audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An Audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

1 . As required by the Companies (Auditors Report) Order, 2003 issued by the Central Government in terms of Section 227 (4A) of the Companies Act, 1056 and on the basis of such checks as considered appropriate and according to the information and explanation given to us during the course of our audit, we enclose in the annexure hereto a statement on the matters specified in paragraphs 4 and 5 of the said Order.

2. Further to our comments in the Annexure referred to in paragraph 1 above, we state that:

a) We have obtained all the information and explanations which, to the best of our knowledge and belief. were necessary for the purpose of our audit;

b) In our opinion, proper books of account, as required by law, have been kept by the Company so far as appears from our examination of those books;

c) The Balance Sheet, Profit & Loss Account and Cash Flow Statement dealt with by this report are in agreement with the books of account of the Company;

d) In our opinion, the Profit & Loss Account and the Balance Sheet and Cash Flow Statement of the company comply with the Accounting Standards referred to in Sec. 21 l(3C) of the Companies Act, 1956;

e) On the basis of written representations received from the Directors, and taken on record by the Board of Directors, we report that none of the directors are disqualified as on 31st March, 2010 from being appointed as a director in terms of Clause (g) of sub section (I) of Section 274 of the Companies Act, 1956;

f) In our opinion and to the best of our information and according to explanations given to us, the said Accounts give the information required by the Companies Act. 1956. in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India:

i) in the case of the Balance Sheet of the state of the affairs of the Company as at 31st March, 2010;

ii) in the case of the Profit and Loss Account of the profit of the Company for the year ended on that date; - and -

iii) in the case of the Cash Flow Statement, of the cash flows for the year ended on that date.

ANNEXURE REFERRED TO IN PARAGRAPH 1 OF OUR REPORT OF EVEN DATE ON THE ACCOUNTS OF BIJOY HANS LIMITED FOR THE YEAR ENDED 31.03.2010

1) (a). The Company has maintained proper records showing full particulars and situation of fixed Assets. (b). All the Fixed Assets of the company have been physically verified by the management during the year and no material discrepancies were noticed on such verification. (c) The company has not disposed off substantial part of its fixed assets, which will affect the going concern status of the company.

2) (a). The Inventory has been physically verified by the management during the year. In our opinion the frequency of verification is reasonable. (b). In our opinion, the procedures of physical verification of inventory followed by the management are reasonable and adequate in relation to the size of the Company and nature of its business. (c). The Company is maintaining proper records of inventory and no discrepancies were noticed on physical verification of inventory.

3) The Company has not granted any loans, secured or unsecured, to companies, firms or other parties covered in the Register maintained under Section 301 of the Act.

4) In our opinion, there are adequate internal control procedures commensurate with the size of the Company and the nature of its businesses for the purchases of inventory, fixed assets and for the sale of goods and services. Further, we have neither come across nor have been informed of any major weaknesses in the aforesaid internal control system.

5) (a) Based on the examination of the records and according to information and explanations given by the management, we are of the opinion that the contract and arrangements that need to be entered in the register maintained in pursuance of sec.301 of the Companies Act, have been duly entered in the said register.

(b) Based on the examination of the records and according to information and explanations given by the management, we are of the opinion that the transaction made in pursuance of contracts or arrangements entered into the Register in pursuance of Sec. 301 of the Act and exceeding the value of Rupees Five Lakhs in respect of each party has been made at price which are reasonable having regard to the prevailing market prices at the relevant time.

6) The Company has not accepted any deposits from the public hence the directives issued by Reserve Bank of India and the provisions of Section 58A and 58AA or any other relevant provisions of the Act.

7) The Company has an Internal Audit System, which in our opinion, commensurate with the size and nature of its business.

8) The Central Government has not prescribed the maintenance of cost records under section 209(1 )(d) of the Act for the company as it is engaged in trading activities only.

9) According to the records of the Company, the company is regular in depositing undisputed statutory dues including VAT, Income Tax etc. with the statutory authorities. There are no statutory dues e.g., Income Tax, VAT, Service Tax etc., as at 31/03/2010, that have not been deposited on account of any dispute.

10) The Company has no accumulated Losses as at 31st March 2010. It has not incurred any cash losses in the immediately preceding financial year.

11) According to the records of the Company examined by us and the information and explanation given to us, the Company has not obtained any financial assistance from any financial institution or bank as such the requirement of clause (xi) of the order is not applicable.

12) According to the records of the Company examined by us and the information and explanation given to us, the Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other investments.

13) The provisions of any special statute applicable to chit fund/nidhi/mutual benefit/societies are not applicable to the Company.

14) The Company is not dealing or trading in shares, debentures and other investments.

15) In our opinion and according to the information and explanation given to us, the Company has not given any guarantee for loans taken by others from banks or Financial Institution during the year.

16) The Company has not taken any term loan during the year.

17) On the basis of our examination of the Balance Sheet of the Company, no funds were raised during the year by the company.

18) The Company has not made any preferential allotment of shares during the year.

19) The Company has not issued any Debentures during the year under audit.

20) The Company has not raised any Money by public issues during the year under audit.

21) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing practices in India and according to the information and explanations given to us, we have neither came across any instance of fraud on or by the Company, noticed or reported during the year nor we have been informed of such case by the management.





for MOHAN LAL SHARMA & CO.

CHARTERED ACCOUNTANTS

FIRM RISISTRETION NO 3232821:

GUWAHATl (SUN1L SHARMA)

The 28th day of July 2010 PARTNER

M, NO..0573P7