ಅಡಿಟರ್ಸ್ ರಿಪೋರ್ಟ್Sonaselection India Ltd.

We have audited the accompanying financial statements of M/s SONASELECTION INDIA LTD, which
comprise the Balance Sheet as at 31^st March, 2026, Statement of Profit and Loss and Cash Flow Statement
for the year ended 31^st March, 2026 and a summary of significant accounting policies and other explanatory
notes.

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid
standalone 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 of the
state of affairs of the Company as at 31st March, 2026, and its loss and its cash flow for the year ended on
that date

Basis for Opinion

We conducted our audit of the financial statements 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 (ICAI) together with the independent requirement that are
relevant to our audit of the financial statements under the provisions of the Act and the rules made there
under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and
the ICAI''s Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion on 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 financial statements and Auditors report thereon

The company''s Board of Directors are responsible for the preparation of the other information. The other
information comprises of the information included in the management discussion and analysis, Board''s
report including Annexure to Board''s Report but does not include the financial statements and our Auditors
report thereon. Our opinion on financial statements does not cover the other information and we do not
express any form of assurance or conclusion thereon. In connection with our audit of the financial
statement, our responsibility is to read the other information and in doing so, consider whether the other
information is materially inconsistent with the financial statement or other information obtained during
the course of our audit or otherwise appear 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 those charged with governance for the Financial Statements:

The Company''s Board of Directors is responsible for the matters stated in section 134(5) of the Companies
Act, 2013 (“the Act”) with respect to the preparation of these financial statements that give a true and fair
view of the financial position, financial performance, total comprehensive income, changes in equity 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 implementation and maintenance of 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 Board of Directors are responsible for overseeing the Company''s
financial reporting process.

Auditor''s Responsibility:

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 skepticism 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.
If we conclude that a material uncertainty exists, we are required to draw attention in our auditor''s
report to the related disclosures in the financial statements or, if such disclosures are inadequate,
to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of
our auditor''s report. However, future events or conditions may cause the Company to cease 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 those charged with governance 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 those charged with governance 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 those charged with governance, 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.

Auditor''s Responsibility:

Our responsibility is to express an opinion on these standalone financial statements based on our audit.
We have taken into account the provisions of the Act, the accounting and auditing standards and matters
which are required to be included in the audit report under the provisions of the Act and the Rules made
there under.

We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of
the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit
to obtain reasonable assurance about whether the financial statements are free from material
misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures
in the financial statements. The procedures selected depend on the auditor''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 considers internal financial control relevant to the Company''s
preparation of the financial statements that give a true and fair view in order to design audit procedures
that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of the
accounting policies used and the reasonableness of the accounting estimates made by the Company''s
Directors, 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 opinion on the standalone financial statements.

Other Matters:

The comparative financial information of the Company for the transition date opening balance sheet as at
1st April 2024 and financial information as at March 31, 2025 included in these Ind AS Financial Statements,
are based on the Financial Statements prepared in accordance with the Companies (Accounting Standards)
Rules, 2021 audited by us whose report for the year ended March 31, 2024 dated September 02, 2024 and
March 31, 2025 dated May 19, 2025 respectively expressed an unmodified opinion on those Financial
Statements, and have been restated to comply with Ind AS.

Report on Other Legal and Regulatory Requirements:

1. As required by the Companies (Auditor''s Report) Order, 2016 (“the Order”) issued by the Central
Government of India in terms of sub-section (11) of section 143 of the Act, we give in the Annexure A
attached hereto our comments on the matters specified in paragraphs 3 and 4 of the Order.

2. As required by section 143(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, 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 aforesaid standalone financial statements comply with the Accounting Standards
specified under section 133 of the Companies Act, 2013 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, 2026, and taken on
record by the Board of Directors, none of the directors is disqualified as on March 31, 2026, from being
appointed as a director in terms of section 164(2) of the Companies Act, 2013

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 other matters to be included in 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 information and according
to the explanation given to us:

(i) The Company has disclosed the impact of pending litigations on its financial position in its financial
statements.

(ii) The company did not have any long term contract including derivative contracts for which there were
any material foreseeable losses.

(iii) There are no amounts required to be transferred to the Investor Education and Protection Fund during
the year by the Company.

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 persons or entities, including foreign entities
(“Intermediaries”), with the understanding, whether recorded in writing or otherwise, that the
Intermediary shall, whether, directly or indirectly lend 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;

b) The management has represented that, to the best of its knowledge and belief, no funds have been
received by the company from any persons or entities, including 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 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; and

c) Based on the audit procedures that were considered reasonable and appropriate in the circumstances,
nothing has come to our notice that has caused us to believe that the representations under sub-clause
(a) and (b) contain any material misstatement.

(v) The company has not paid any dividend during the year.

(vi) As per Provision to Rule 3(1) of the Companies (Accounts) Rules, 2014 and Based on our examination
which included test checks, we report that the Company has used an accounting software For maintaining
its books of account which has a feature of recording audit trail (edit log) facility and the same has
operated during the year for all relevant transactions recorded in the software. Further, during the course
of our audit we have not come across any instance of the audit trail feature being tampered with.

For: POKHARANA SOMANI & ASSOCIATES
Chartered Accountants
Firm Registration Number 011535C

(SUMIT BUMB)

PLACE : BHILWARA PARTNER

DATE : 01.08.2026 M.NO 429413

UDIN : 26429413CQKGEN4044