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Asi Industries Ltd.

BSE: 502015 Sector: Metals & Mining
NSE: ASOCSTONE ISIN Code: INE443A01030
BSE 00:00 | 29 Nov 11.30 0.03
(0.27%)
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NSE 05:30 | 01 Jan Asi Industries Ltd
OPEN 11.20
PREVIOUS CLOSE 11.27
VOLUME 24574
52-Week high 24.50
52-Week low 10.59
P/E
Mkt Cap.(Rs cr) 102
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 11.20
CLOSE 11.27
VOLUME 24574
52-Week high 24.50
52-Week low 10.59
P/E
Mkt Cap.(Rs cr) 102
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Asi Industries Ltd. (ASOCSTONE) - Auditors Report

Company auditors report

To the Members of ASI Industries Limited

Report on the Audit of the Standalone Financial Statements

Opinion

We have audited the Standalone Financial Statements of ASI IndustriesLimited ("the Company") which comprise the Balance Sheet as at March 31 2022the Statement of Profit and Loss (including Other Comprehensive Income) the Statement ofChanges in Equity and the Statement of Cash Flows for the year then ended and notes tothe Standalone Financial Statements including a summary of significant accountingpolicies and other explanatory information.

In our opinion and to the best of our information and according to theexplanations given to us the aforesaid Standalone Financial Statements give theinformation required by the Companies Act 2013("the Act') in the manner so requiredand give a true and fair view in conformity with the Indian Accounting Standardsprescribed under section 133 of the Act read with Companies (Indian Accounting Standards)Rules 2015 as amended and other accounting principles generally accepted in India of thestate of affairs of the Company as at March 31 2022 the loss and total ComprehensiveIncome changes in equity and its cash flows 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 Act. Our responsibilities under thoseStandards are further described in the Auditor's Responsibilities for the Audit of theStandalone Financial Statements section of our report. We are independent of the Companyin accordance with the Code of Ethics issued by the Institute of Chartered Accountants ofIndia (ICAI) together with the ethical requirements that are relevant to our audit of theStandalone Financial Statements under the provisions of the Act and the Rules there underand we have fulfilled our other ethical responsibilities in accordance with theserequirements and the Code of Ethics. We believe that the audit evidence we have obtainedis sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

We have determined that there are no key audit matters to communicatein our report.

Information Other than the Standalone Financial Statements andAuditor?s Report Thereon

The Company's Board of Directors is responsible for the otherinformation. The other information comprises the Annual Report but does not include thestandalone financial statements and our auditor's report thereon.

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

In connection with our audit of the standalone financial statementsour responsibility is to read the other information and in doing so consider whether theother information is materially inconsistent with the standalone financial statements orour knowledge obtained in the audit or otherwise appears to be materially misstated. Ifbased on the work we have performed we conclude that there is a material misstatement ofthis other information we are required to report that fact. We have nothing to report inthis regard.

Responsibilities of Management and Those Charged with Governance forthe Standalone Financial Statements

The Company's Board of Directors is responsible for the matters statedin section 134(5) of the Act with respect to the preparation of these Standalone FinancialStatements that give a true and fair view of the financial position financialperformance changes in equity and cash flows of the Company in accordance with theaccounting principles generally accepted in India including the Accounting Standardsspecified under section 133 of the Act. This responsibility also includes maintenance ofadequate accounting records in accordance with the provisions of the Act for safeguardingof the assets of the Company and for preventing and detecting frauds and otherirregularities; selection and application of appropriate accounting policies; makingjudgments and estimates that are reasonable and prudent; and design implementation andmaintenance of adequate internal financial controls that were operating effectively forensuring the accuracy and completeness of the accounting records relevant to thepreparation and presentation of the standalone financial statements that give a true andfair view and are free from material misstatement whether due to fraud or error.

In preparing the Standalone Financial Statements the Board ofDirectors are responsible for assessing the Company's ability to continue as a goingconcern disclosing as applicable matters related to going concern and using the goingconcern basis of accounting unless the Board of Directors either intends to liquidate theCompany or to cease operations or has no realistic alternative but to do so.

Those Board of Directors are also responsible for overseeing theCompany's financial reporting process.

Auditor?s Responsibilities for the Audit of the StandaloneFinancial Statements

Our objectives are to obtain reasonable assurance about whether theStandalone Financial Statements as a whole are free from material misstatement whetherdue 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 auditconducted in accordance with SAs will always detect a material misstatement when itexists. Misstatements can arise from fraud or error and are considered material ifindividually or in the aggregate they could reasonably be expected to influence theeconomic decisions of users taken on the basis of these Standalone Financial Statements.

We give in "Annexure A" a detailed description of Auditor'sresponsibilities for Audit of the Standalone Financial Statements.

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 Act we givein "Annexure B" a statement on the matters specified in paragraphs 3 and 4 ofthe 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 explanationswhich to the best of our knowledge and belief were necessary for the purposes of ouraudit.

(b) In our opinion proper books of account as required by law havebeen kept by the Company so far as it appears from our examination of those books.

(c) The Balance Sheet the Statement of Profit and Loss (includingOther Comprehensive Income) the Statement of Changes in Equity and the Statement of CashFlow dealt with by this Report are in agreement with the books of account.

(d) In our opinion the aforesaid Standalone Financial Statementscomply with the Accounting Standards specified under Section 133 of the Act read withRule 7 of the Companies (Accounts) Rules 2014.

(e) On the basis of the written representations received from thedirectors as on March 31 2022 taken on record by the Board of Directors none of thedirectors are disqualified as on March 31 2022 from being appointed as a director interms of Section 164 (2) of the Act.

(f) With respect to the adequacy of the internal financial controlswith reference to Standalone Financial Statements of the Company and the operatingeffectiveness of such controls refer to our separate Report in "Annexure C".

(g) With respect to the other matters to be included in the Auditor'sReport in accordance with Rule 11 of the Companies (Audit and Auditors) Rules 2014 inour opinion and to the best of our information and according to the explanations given tous:

i. The Company does not have any pending litigations which would impactits financial position.

ii. The Company has made provisions as required unde the applicablelaw or accounting standard for materis foreseeable losses if any on long-term contract:including derivative contracts.

iii. There has been no delay in transferring amounts required to betransferred to the Investor Educatioi and Protection Fund by the Company.

iv. (1) The Management has represented that to the best of itsknowledge and belief no funds have been advanced or loaned or invested (either fromborrowed funds or share premium or any other sources or kind of funds) by the Company toor in any other person or entity including foreign entities ("Intermediaries")with the understanding whether recorded in writing or otherwise that the Intermediaryshall directly or indirectly lend or invest in other persons or entities identified inany manner whatsoever by or on behalf of the Company ("Ultimate Beneficiaries")or provide any guarantee security or the like on behalf of the Ultimate Beneficiaries.

(2) The Management has represented that to the best of its knowledgeand belief no funds have been received by the Company from any person or entityincluding foreign entities (Funding Parties) with the understanding whether recorded inwriting or otherwise as on the date of this audit report that the Company shalldirectly or indirectly lend or invest in other persons or entities identified in anymanner whatsoever by or on behalf of the Funding Party ("UltimateBeneficiaries") or provide any guarantee security or the like on behalf of theUltimate Beneficiaries.

(3) Based on the audit procedures performed that have been consideredreasonable and appropriate in the circumstances and according to the information andexplanations provided to us by the Management in this regard nothing has come to ournotice that has caused us to believe that the representations under sub-clause (i) and(ii) of Rule 11(e) as provided under (1) and (2) above contain any material misstatement.

v. The Company has not declared and paid Dividend during the year endedon March 312022 as per section 123 of the Companies Act 2013. Hence we have nothing toreport in this regard.

3. As required by The Companies (Amendment) Act 2017 in our opinionaccording to information explanations given to us the Company has paid remuneration toits directors in excess of the limits prescribed under Section 197 of the Act and therules there under for the Financial Year 202122. However it has been paid within thelimit approved by Special Resolution in the previous Annual General Meeting.

ANNEXURE A TO THE INDEPENDENT AUDITOR'S REPORT ON EVEN DATE ON THESTANDALONE FINANCIAL STATEMENTS OF ASI INDUSTRIES LIMITED

Auditor's Responsibilities for the Audit of the Standalone FinancialStatements

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

• Identify and assess the risks of material misstatement of thestandalone financial statements whether due to fraud or error design and perform auditprocedures responsive to those risks and obtain audit evidence that is sufficient andappropriate to provide a basis for our opinion. The risk of not detecting a materialmisstatement resulting from fraud is higher than for one resulting from error as fraudmay involve collusion forgery intentional omissions misrepresentations or the overrideof internal control.

• Obtain an understanding of internal control relevant to theaudit in order to design audit procedures that are appropriate in the circumstances. Undersection 143(3)(i) of the Act we are also responsible for expressing our opinion onwhether the company has internal financial controls with reference to standalone financialstatements in place and the operating effectiveness of such controls.

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

• Conclude on the appropriateness of management's use c the goingconcern basis of accounting and based on the audit evidence obtained whether a materialuncertainty exists related to events or conditions that may cast significan doubt on theCompany's ability to continue as a going concern. If we conclude that a materialuncertainty exists wi are required to draw attention in our auditor's report to therelated disclosures in the standalone financial statements or if such disclosures areinadequate to modify our opinion. Our conclusions are based on the audit evidenceobtained up to the date of our auditor's report. However future events or conditions maycause the Company to cease to continue as a going concern.

• Evaluate the overall presentation structure and content of thestandalone financial statements including the disclosures and whether the standalonefinancial statements represent the underlying transactions and events in a manner thatachieves fair presentation.

We communicate with those charged with governance regarding amongother matters the planned scope and timing of the audit and significant audit findingsincluding any significant deficiencies in internal control that we identify during ouraudit.

We also provide those charged with governance with a statement that wehave complied with relevant ethical requirements regarding independence and tocommunicate with them all relationships and other matters that may reasonably be thoughtto bear on our independence and where applicable related safeguards.

From the matters communicated with those charged with governance wedetermine those matters that were of most significance in the audit of the standalonefinancial statements for the year ended March 31 2022 and are therefore the key auditmatters. We describe these matters in our auditor's report unless law or regulationprecludes public disclosure about the matter or when in extremely rare circumstances wedetermine that a matter should not be communicated in our report because the adverseconsequences of doing so would reasonably be expected to outweigh the public interestbenefits of such communication.

ANNEXURE B TO INDEPENDENT AUDITORS' REPORT OF EVEN DATE ON THESTANDALONE FINANCIAL STATEMENTS OF ASI INDUSTRIES LIMITED FOR THE YEAR ENDED MARCH 312022

[Referred to in paragraphl under 'Report on Other Legal and RegulatoryRequirements' in the Independent Auditors' Report]

i. (a) A. The Company has maintained proper records showing fullparticulars including quantitative details and situation of Property Plant and Equipment.

B. The Company has maintained proper records showing full particularsof intangible assets.

(b) According to the information and explanations given to us and onthe basis of our examination of the records of the Company the Company has a regularprogramme of physical verification of its Property Plant and Equipment by which allproperty plant and equipment are verified in a phased manner over a period of threeyears. In accordance with this programme certain property plant and equipment wereverified during the year. In our opinion this periodicity of physical verification isreasonable having regard to the size of the Company and the nature of its assets. Nomaterial discrepancies were noticed on such verification.

(c) According to the information and explanations given to us and onthe basis of our examination of the records of the Company the title deeds of immovableproperties as disclosed in the financial statements are held in the name of the Company.

(d) According to the information and explanations given to us theCompany has not revalued its property plant and equipment (including Right of Use assets)or its intangible assets during the year. Accordingly the requirements under paragraph3(i)(d) of the Order are not applicable to the Company.

(e) According to the information and explanations given to us noproceeding has been initiated or pending against the Company for holding benami propertyunder the Benami Transactions (Prohibition) Act 1988 and rules made there under.Accordingly the provisions stated in paragraph 3(i)(e) of the Order are not applicable tothe Company.

ii. (a) The inventory has been physically verified during the year bythe management. In our opinion the frequency of verification coverage & procedure ofsuch verification is reasonable and appropriate. No material discrepancies were noticed onsuch verification.

(b) The Company has been sanctioned working capital limits in excess ofRs. 5 crores in aggregate from Banks/ financial institutions on the basis of security ofcurrent assets. Quarterly returns / statements filed with such Banks/ financialinstitutions are in agreement with the books of account.

iii. During the year the Company has provided loan to its subsidiaryof Rs. 357.90 Lakhs (including interest) and the terms and conditions are not prejudicialto the Company's interest. The company has granted the above loan with no stipulation ofschedule of repayment of principal and payment of interest and are repayable on demand.

iv. In our opinion and according to the information and explanationsgiven to us the Company has complied with the provisions of section 185 and 186 of theCompanies Act 2013 in respect of grant of loans making investments and providingguarantees and securities as applicable.

v. In our opinion and according to the information and explanationsgiven to us the Company has not accepted any deposits from the public within the meaningof Sections 73 74 75 and 76 of the Act and the rules framed there under.

vi. We have broadly reviewed the books of account relating tomaterials labour and other items of cost maintained by the Company pursuant as specifiedby the Central Government for the maintenance of cost records under sub-section (1) ofsection 148 of the Act and we are of the opinion that prima facie the prescribed accountsand records have been made and maintained. We have not however made a detailedexamination of the records with a view to determine whether they are accurate or complete.

vii. (a) As per information and explanations given to us and therecords of the company examined by us in our opinion undisputed statutory dues includingProvident Fund Income Tax Sales Tax Value Added Tax GST Service Tax Custom DutyExcise Duty Cess and other material statutory dues to the extent applicable to it havegenerally been regularly deposited with the appropriate authorities and there are noundisputed dues outstanding as on March 31 2022 for a period of more than six months fromthe date they became payable.

(b) According to the information and explanations given to us andnecessary audit procedures performed by us statutory dues which have not been depositedon account of any dispute are as follows:-

Name of the Statute Nature of Dues Amount (Rs. In lakhs) Period to which the amount relates Forum where the dispute is pending
Cess Matters Land Tax Royalty 378.09 2.30 2019-2022 1991-92 and 199394 High Court Mining Dept./High Court

'iii. According to the information and explanations given to us thereare no transactions which are not accounted in the books of account which have beensurrendered or disclosed as income during the year in Tax Assessment of the Company. Alsothere are no previously unrecorded income which has been now recorded in the books ofaccount. Hence the provision stated in paragraph 3(viii) of the Order is not applicableto the Company.

x. (a) In our opinion and according to the information and explanationsgiven to us the Company has not defaulted in repayment of loans or borrowings or inpayment of interest thereon to any lender.

(b) According to the information and explanations given to us and onthe basis of our audit procedures we report that the Company has not been declared wilfuldefaulter by any bank or financial institution or government or any government authority.

(c) In our opinion and according to the information explanationprovided to us money raised by way of term loans during the year have been applied forthe purpose for which they were raised.

(d) According to the information and explanations given to us and theprocedures performed by us and on an overall examination of the standalone financialstatements of the Company we report that no funds raised on short-term basis have beenused for longterm purposes by the Company.

(e) According to the information explanation given to us and on anoverall examination of the standalone financial statements of the Company we report thatthe Company has not taken any funds from any entity or person on account of or to meet theobligations of its subsidiaries.

(f) According to the information and explanations given to us andprocedures performed by us we report that the Company has not raised loans during theyear on the pledge of securities held in its subsidiaries.

x. (a) The Company did not raise any money by way of initial publicoffer or further public offer (including debt instruments) during the year. Accordinglythe provisions stated in paragraph 3(x)(a) of the Order are not applicable to the Company.

(b) According to the information and explanations given to us and basedon our examination of the records of the Company the Company has not made anypreferential allotment or private placement of shares or fully partly or optionallyconvertible debentures during the year. Accordingly the provisions stated in paragraph3(x)(b) of the Order are not applicable to the Company.

xi. (a) During the course of our audit examination of the books andrecords of the Company carried out in accordance with the generally accepted auditingpractices in India and according to the information and explanations given to us we haveneither come across any instance of material fraud by the Company nor on the Company. Norhave we been informed of any such instances by the Management.

(b) No report under sub-section (12) of section 143 of the CompaniesAct has 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 during the year and upto thedate of this report.

(c) As represented to us by the management there are no whistle-blowercomplaints received by the Company during the year. Accordingly the provisions stated inparagraph (xi)(c) of the Order is not applicable to Company.

xii. In our opinion and according to the information and explanationsgiven to us the Company is not a Nidhi Company. Accordingly the provisions stated inparagraph 3(xii) (a) to (c) of the Order are not applicable to the Company.

xiii. According to the information and explanations given to us andbased on our examination of the records of the Company transactions with the relatedparties are in compliance with sections 177 and 188 of the Act where applicable anddetails of such transactions have been disclosed in the standalone financial statements asrequired by the applicable accounting standards.

xiv. (a) In our opinion and based on our examination the

Company has an internal audit system commensurate with the size andnature of its business.

(b) We have considered internal audit reports issued by internalauditors during our audit.

xv. According to the information and explanations given to us in ouropinion during the year the Company has not entered into non-cash transactions withdirectors or persons connected with its directors and hence provisions of section 192 ofthe Act are not applicable to Company. Accordingly the provisions stated in paragraph3(xv) of the Order are not applicable to the Company.

xvi. (a) In our opinion the Company is not required to be registeredunder section 45 IA of the Reserve Bank of India Act 1934 and accordingly the provisionsstated in paragraph clause 3 (xvi)(a)of the Order are not applicable to the Company.

(b) The Company is not required to be registered under Section 45-IA ofthe Reserve Bank of India Act 1934. Accordingly clause 3(xvi)(b) of the Order is notapplicable to the Company.

(c) The Company is not a Core Investment Company (CIC) as defined inthe regulations made by Reserve Bank of India. Hence the reporting under paragraph clause3 (xvi)(c) of the Order are not applicable to the Company.

(d) The Company does not have any CIC as part of its group. Hence theprovisions stated in paragraph clause 3 (xvi) (d) of the order are not applicable to theCompany.

xvii. Based on the overall review of standalone financis statementsthe Company has not incurred cash losses in the current financial year and in theimmediately preceding financial year. Hence the provisions stated in paragrapl clause 3(xvii) of the Order are not applicable to the Company

xviii. There has been no resignation of the statutory auditors duringthe year. Hence the provisions stated in paragraph clause : (xviii) of the Order are notapplicable to the Company.

xix. According to the information and explanations given to us andbased on our examination of financial ratios ageing and expected date of realisation offinancial assets and payment of liabilities other information accompanying the standalonefinancial statements our knowledge of the Board of Directors and management plans we areof the opinion that no material uncertainty exists as on the date of audit report and theCompany is capable of meeting its liabilities existing at the date of balance sheet as andwhen they fall due within a period of one year from the balance sheet date.

xx. (a) In our opinion and according to the information andexplanations given to us there are no unspent amounts that are required to be transferredto a fund specified in Schedule VII of the Companies Act (the Act) in compliance withsecond proviso to sub section 5 of section 135 of the Act.

(b) In our opinion and according to the information and explanationsgiven to us there is no amount remaining unspent under section 135(5) of Companies Act2013 which requires to be special account in compliance with provision of section 135(6)of Companies Act 2013.

xxi. The reporting under clause 3(xxi) of the Order is not applicablein respect of audit of standalone financial statements. Accordingly no comment in respectof the said clause has been included in the report.

ANNEXURE C TO THE INDEPENDENT AUDITOR'S REPORT OF EVEN DATE ON THESTANDALONE FINANCIAL STATEMENTS OF ASI INDUSTRIES LIMITED

[Referred to in paragraph 2(f) under 'Report on Other Legal andRegulatory Requirements' in the Independent Auditors' Report of even date to the Membersof ASI Industries Limited on the Standalone Financial Statements for the year ended March31 2022]

Report on the Internal Financial Controls under Clause (i) ofSub-section 3 of Section 143 of the Companies Act 2013 ("the Act")

Opinion

We have audited the internal financial controls with reference tostandalone financial statements of ASI Industries Limited ("the Company") as ofMarch 31 2022 in conjunction with our audit of the standalone financial statements of theCompany for the year ended on that date.

In our opinion the Company has in all material respects an adequateinternal financial controls with reference to standalone financial statements and suchinternal financial controls with reference to standalone financial statements wereoperating effectively as at March 312022 based on the internal control with reference tostandalone financial statements criteria established by the Company considering theessential components of internal control stated in the Guidance Note on Audit of InternalFinancial Controls Over Financial Reporting issued by the Institute of CharteredAccountants of India (ICAI) (the "Guidance Note").

Management's Responsibility for Internal Financial Controls

The Company's Management is responsible for establishing andmaintaining internal financial controls based on the internal control with reference tostandalone financial statements criteria established by the Company considering theessential components of internal control stated in the Guidance Note. Theseresponsibilities include the design implementation and maintenance of adequate internalfinancial controls that were operating effectively for ensuring the orderly and efficientconduct of its business including adherence to Company's policies the safeguarding ofits assets the prevention and detection of frauds and errors the accuracy andcompleteness of the accounting records and the timely preparation of reliable financialinformation as required under the Act.

Auditors' Responsibility

Our responsibility is to express an opinion on the Company's internalfinancial controls with reference to standalone financial statements based on our audit.We conducted our audit in accordance with the Guidance Note and the Standards on Auditingissued by ICAI and deemed to be prescribed under section 143(10) of the Act to the extentapplicable to an audit of internal financial controls. Those Standards and the GuidanceNote require that we comply with ethical requirements and plan and perform the audit toobtain reasonable assurance about whether adequate internal financial controls withreference to standalone financial statements was established and maintained and if suchcontrols operated effectively in all material respects.

Our audit involves performing procedures to obtain audit evidence aboutthe adequacy of the internal financial controls with reference to standalone financialstatements and their operating effectiveness. Our audit of internal financial controlswith reference to standalone financial statements included obtaining an understanding ofinternal financial controls with reference to standalone financial statements assessingthe risk that a material weakness exists and testing and evaluating the design andoperating effectiveness of internal control based on the assessed risk. The proceduresselected depend on the auditor's judgement including the assessment of the risks ofmaterial misstatement of the standalone financial statements whether due to fraud orerror.

We believe that the audit evidence we have obtained is sufficient andappropriate to provide a basis for our audit opinion on the Company's internal financialcontrols with reference to standalone financial statements.

Meaning of Internal Financial Controls With reference to StandaloneFinancial Statements

A Company's internal financial control with reference to standalonefinancial statements is a process designed to provide reasonable assurance regarding thereliability of financial reporting and the preparation of standalone financial statementsfor external purposes in accordance with generally accepted accounting principles. ACompany's internal financial control with reference to standalone financial statementsincludes those policies and procedures that (1) pertain to the maintenance of recordsthat in reasonable detail accurately and fairly reflect the transactions anddispositions of the assets of the company;

(2) provide reasonable assurance that transactions are recorded asnecessary to permit preparation of standalone financial statements in accordance withgenerally accepted accounting principles and that receipts and expenditures of thecompany are being made only in accordance with authorizations of management and directorsof the company; and (3) provide reasonable assurance regarding prevention or timelydetection of unauthorized acquisition use or disposition of the company' assets thatcould have a material effect on the standalone financial statements.

Inherent Limitations of Internal Financial Controls Witl reference toStandalone Financial Statements

Because of the inherent limitations of internal financial control withreference to standalone financial statements including the possibility of collusion orimproper management override c

controls material misstatements due to error or fraud may occur andnot be detected. Also projections of any evaluation of the internal financial controlswith reference to standalone financial statements to future periods are subject to therisk that the internal financial control with reference to standalone financial statementsmay become inadequate because of changes in conditions or that the degree of compliancewith the policies or procedures may deteriorate.

For S.C. Bandi & Co.
Chartered Accountants
(FRN: 130850W)
(S.C. Bandi)
Place: Mumbai Proprietor
Date: 30th May 2022 Mem. No. - 16932
UDIN: 22016932AJXQHO4947

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