INDEPENDENT AUDITOR'S REPORT
To
THE MEMBERS OF
HINDUJA GLOBAL SOLUTIONS LIMITED
Report on the Audit of the Standalone Financial Statements
Opinion
We have audited the accompanying standalone financial statements of HINDUJA GlobalSOLUTIONS LIMITED ("the Company") which comprise the Balance Sheet as at March31 2021 and the Statement of Profit and Loss (including Other Comprehensive Income) theStatement of Changes in Equity and the Statement of Cash Flows for the year then endedand a summary of significant accounting policies and other explanatory information inwhich are incorporated the Returns for the year ended on that date audited by the branchauditors of the Company's branch located at Philippines.
In our opinion and to the best of our information and according to the explanationsgiven to us and based on the consideration of reports of the branch auditors on financialinformation of the branch referred to in the Other Matters section below the aforesaidstandalone financial statements give the information required by the Companies Act 2013("the Act") in the manner so required and give a true and fair view inconformity with the Indian Accounting Standards prescribed under section 133 of the Actread with the Companies (Indian Accounting Standards) Rules 2015 as amended ("IndAS") and other accounting principles generally accepted in India of the state ofaffairs of the Company as at March 312021 and its profit total comprehensive incomeits cash flows and the changes in equity for the year ended on that date.
Basis for Opinion
We conducted our audit of the standalone financial statements in accordance with theStandards on Auditing specified under section 143(10) of the Act (SAs). Ourresponsibilities under those Standards are further described in the Auditor'sResponsibility for the Audit of the Standalone Financial Statements section of our report.We are independent of the Company in accordance with the Code of Ethics issued by theInstitute of Chartered Accountants of India (ICAI) together with the ethical requirementsthat are relevant to our audit of the standalone financial statements under the provisionsof the Act and the Rules made thereunder and we have fulfilled our other ethicalresponsibilities in accordance with these requirements and the ICAI's Code of Ethics. Webelieve that the audit evidence obtained by us and the audit evidence obtained by thebranch auditors in terms of their report referred to in the Other Matters section belowis sufficient and appropriate to provide a basis for our audit opinion on the standalonefinancial statements.
Key Audit Matters
Key audit matters are those matters that in our professional judgment were of mostsignificance in our audit of the standalone financial statements of the current period.These matters were addressed in the context of our audit of the standalone financialstatements as a whole and in forming our opinion thereon and we do not provide aseparate opinion on these matters. We have determined the matters described below to bethe key audit matters to be communicated in our report.
| Sr. Key Audit Matter | Auditor's Response |
| 1 Revenue recognition and measurement in respect of unbilled receivables as at March 31 2021 | Principal Audit Procedures |
| The Company in its contracts with customers promises to transfer distinct services ('performance obligations') which may be rendered in the form of back office processing claim processing and contact center services. Revenue is recognised upon transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those products or services ('transaction price'). At each reporting date revenue is accrued for work performed that may not have been invoiced. | Our audit procedures in relation to management's estimation of unbilled receivables included among others: |
| Recognition of revenue before acknowledgment of receipt of services by customer and not recognizing penalties for not meeting the service levels defined in the contract where applicable could result in an overstatement of revenue and correspondingly the profit. Accordingly we consider measurement of unbilled receivables as a key audit matter. | • We gained an understanding of the Company's processes in collating the evidence supporting delivery of services for quantifying units of services that would be invoiced and the application of appropriate prices for each of such services. |
| • We tested the design and operating effectiveness of controls in collating the units of services delivered and in the application of accurate prices for each of such services. |
| • We have tested samples of unbilled receivables as at March 31 2021 with reference to the customer confirmations or reports from information systems that record the inputs relating to the services delivered to confirm the units of services delivered and contractual rates for the application of appropriate price for each of services. |
| • We extended our audit procedures to the date of approval of financial statements by the Board of Directors of the Company to verify the subsequent invoicing of the unbilled receivables. We have also determined whether adjustments if any are necessary upon receipt of approvals from customers for services delivered prior to March 31 2021 and / or collections against those. |
| • We have verified the ageing of unbilled receivables recognised to evaluate their reasonableness. |
| • With respect to the impact of possible disruption from the pandemic relating to COVID-19 we held discussions with business heads. We also verified correspondences with customers approving employees to work from home and where applicable waiver of the contractual penalties relating to service levels. |
| 2 Accounting and disclosure of intercorporate deposits to the related parties (as described in note 12 and 39) | Audit procedures included the following: |
| As described in note 12 and note 39 the Company has given intercorporate deposits to certain parties including related parties. | • Obtained and read the Company's policies and procedures in respect of identification of related parties obtaining approval for intercorporate deposit related transactions recording and disclosure of related party transactions. |
| Accounting and disclosure of such transactions have been identified as a key audit matter due to significance of the such transactions and risk associated with recoverability and risk of such transactions not getting disclosed in the financial statements. | • Tested such related party transactions and balances with the underlying contracts promissory note direct confirmation letters and other supporting documents provided by the Company. |
| • Inspected the Board and audit committee minutes providing an unanimous approval of all directors present in the meeting approving the investment of surplus funds of the Company in the unsecured intercorporate deposits to related parties including the promoter shareholders the terms thereof degree of credit risk associated with the respective borrowers the purpose and business rationale for giving intercorporate deposits and the arms' length interest rates considered. |
| • Verified that the intercorporate deposits granted are within the permissible limits specified in the Companies Act 2013. |
| • Inspected the Company Secretary's assessment and conclusion that there exists no conflict of interest of the independent directors of the Company approving these intercorporate deposits. |
| • Tested the repayment and fresh disbursement of the intercorporate deposits during the year with the bank statements |
| • Verified the classification of the intercorporate deposits as current assets considering these being granted for meeting the short term working capital requirements of the borrowers in the ordinary course of business and the terms of the intercorporate deposits being repayable on demand. |
| • Inspected management's and audit committee's evaluation of recoverability by reference to the audited or unaudited financial statements as applicable of the respective borrowers. |
| • Reviewed the disclosures in the financial statements to assess whether the disclosure is in accordance with Ind AS 24 Related Party Disclosure and under the Companies Act 2013. |
Information Other than the Financial Statements and Auditor's Report Thereon
• The Company's Board of Directors is responsible for the other information. Theother information comprises the information included in the Director's report CorporateGovernance report and Management Discussion & Analysis Report but does not includethe consolidated financial statements standalone financial statements and our auditor'sreport thereon.
• Our opinion on the standalone financial statements does not cover the otherinformation and we do not express any form of assurance conclusion thereon.
• In connection with our audit of the standalone financial statements ourresponsibility is to read the other information when it becomes available and considerwhether the other information is materially inconsistent with the standalone financialstatements or our knowledge obtained during the course of our audit or otherwise appearsto be materially misstated.
• If based on the work we have performed on the other information that weobtained prior to the date of this auditor's report we conclude that there is a materialmisstatement of this other information we are required to report that fact. We havenothing to report in this regard.
Management's Responsibility for the Standalone financial Statements
The Company's Board of Directors is responsible for the matters stated in section134(5) of the Act with respect to the preparation of these standalone financial statementsthat give a true and fair view of the financial position financial performance includingother comprehensive income cash flows and changes in equity of the Company in accordancewith the Ind AS and other accounting principles generally accepted in India. Thisresponsibility also includes maintenance of adequate accounting records in accordance withthe provisions of the Act for safeguarding the assets of the Company and for preventingand detecting frauds and other irregularities; selection and application of appropriateaccounting policies; making judgments and estimates that are reasonable and prudent; anddesign implementation and maintenance of adequate internal financial controls that wereoperating effectively for ensuring the accuracy and completeness of the accountingrecords relevant to the preparation and presentation of the standalone financialstatement that give a true and fair view and are free from material misstatement whetherdue to fraud or error.
In preparing the standalone financial statements management is responsible forassessing the Company's ability to continue as a going concern disclosing as applicablematters related to going concern and using the going concern basis of accounting unlessmanagement either intends to liquidate the Company or to cease operations or has norealistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financialreporting process.
Auditor's Responsibility for the Audit of the Standalone financial Statements
Our objectives are to obtain reasonable assurance about whether the standalonefinancial statements as a whole are free from material misstatement whether due to fraudor error and to issue an auditor's report that includes our opinion. Reasonable assuranceis a high level of assurance but is not a guarantee that an audit conducted in accordancewith SAs will always detect a material misstatement when it exists. Misstatements canarise from fraud or error and are considered material if individually or in theaggregate they could reasonably be expected to influence the economic decisions of userstaken on the basis of these standalone financial statements.
As part of an audit in accordance with SAs we exercise professional judgment andmaintain professional skepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the standalonefinancial statements whether due to fraud or error design and perform audit proceduresresponsive to those risks and obtain audit evidence that is sufficient and appropriate toprovide a basis for our opinion. The risk of not detecting a material misstatementresulting from fraud is higher than for one resulting from error as fraud may involvecollusion forgery intentional omissions misrepresentations or the override of internalcontrol.
• Obtain an understanding of internal financial control relevant to the audit inorder to design audit procedures that are appropriate in the circumstances. Under section143(3)(i) of the Act we are also responsible for expressing our opinion on whether theCompany has adequate internal financial controls system in place and the operatingeffectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonablenessof accounting estimates and related disclosures made by the management.
• Conclude on the appropriateness of management's use of the going concern basisof accounting and based on the audit evidence obtained whether a material uncertaintyexists related to events or conditions that may cast significant doubt on the Company'sability to continue as a going concern. If we conclude that a material uncertainty existswe are required to draw attention in our auditor's report to the related disclosures inthe standalone financial statements or if such disclosures are inadequate to modify ouropinion. Our conclusions are based on the audit evidence obtained up to the date of ourauditor's report. However future events or conditions may cause the Company to cease tocontinue as a going concern.
• Evaluate the overall presentation structure and content of the standalonefinancial statements including the disclosures and whether the standalone financialstatements represent the underlying transactions and events in a manner that achieves fairpresentation.
• Obtain sufficient appropriate audit evidence regarding the financial informationof the Company and its branch to express an opinion on the standalone financialstatements. We are responsible for the direction supervision and performance of the auditof the financial statements of business activities included in the standalone financialstatements of which we are the independent auditors. For the business activities includedin the standalone financial statements which have been audited by the branch auditorssuch branch auditors remain responsible for the direction supervision and performance ofthe audit carried out by them. We remain solely responsible for our audit opinion.
Materiality is the magnitude of misstatements in the standalone financial statementsthat individually or in aggregate makes it probable that the economic decisions of areasonably knowledgeable user of the standalone financial statements may be influenced. Weconsider quantitative materiality and qualitative factors in (i) planning the scope of ouraudit work and in evaluating the results of our work; and (ii) to evaluate the effect ofany identified misstatements in the standalone financial statements.
We communicate with those charged with governance regarding among other matters theplanned scope and timing of the audit and significant audit findings including anysignificant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have compliedwith relevant ethical requirements regarding independence and to communicate with themall relationships and other matters that may reasonably be thought to bear on ourindependence and where applicable related safeguards.
From the matters communicated with those charged with governance we determine thosematters that were of most significance in the audit of the standalone financial statementsof the current period and are therefore the key audit matters. We describe these mattersin our auditor's report unless law or regulation precludes public disclosure about thematter or when in extremely rare circumstances we determine that a matter should not becommunicated in our report because the adverse consequences of doing so would reasonablybe expected to outweigh the public interest benefits of such communication.
Other Matters
We did not audit the financial information of a branch included in the standalonefinancial statements of the Company whose financial information reflect total assets of Rs89984.42 lakhs as at March 31 2021 and total revenue of Rs 99666.54 lakhs for the yearended on that date as considered in the standalone financial statements. The financialinformation of this branch has been audited by the branch auditors whose reports has beenfurnished to us and our opinion in so far as it relates to the amounts and disclosuresincluded in respect of the branch and our report in terms of subsection (3) of Section 143of the Act in so far as it relates to the aforesaid branch is based solely on the reportof such branch auditors.
Our opinion on the standalone financial statements and our report on Other Legal andRegulatory Requirements below is not modified in respect of these matters.
Report on Other Legal and Regulatory Requirements
1. As required by Section 143(3) of the Act based on our audit and on theconsideration of the reports of the branch auditors on the separate financial informationof the branch referred to in the Other Matters section above we report to the extentapplicable that:
a) We have sought and obtained all the information and explanations which to the bestof our knowledge and belief were necessary for the purposes of our audit.
b) In our opinion proper books of account as required by law have been kept by theCompany and so far as it appears from our examination of those books and proper returnsadequate for the purposes of our audit have been received from the branch not visited byus.
c) The reports on the accounts of the branch offices of the Company audited underSection 143(8) of the Act by branch auditors have been sent to us and have been properlydealt with by us in preparing this report.
d) The Balance Sheet the Statement of Profit and Loss including Other ComprehensiveIncome the Statement of Changes in Equity and Statement of Cash Flows dealt with by thisReport are in agreement with the relevant books of account and with the returns receivedfrom the branch not visited by us.
e) In our opinion the aforesaid standalone financial statements comply with the Ind ASspecified under Section 133 of the Act.
f) On the basis of the written representations received from the directors as on March31 2021 taken on record by the Board of Directors none of the directors is disqualifiedas on March 31 2021 from being appointed as a director in terms of Section 164(2) of theAct.
g) With respect to the adequacy of the internal financial controls over financialreporting of the Company and the operating effectiveness of such controls refer to ourseparate Report in "Annexure A". Our report expresses an unmodified opinion onthe adequacy and operating effectiveness of the Company's internal financial controls overfinancial reporting
h) With respect to the other matters to be included in the Auditor's Report inaccordance with the requirements of section 197(16) of the Act as amended In our opinionand to the best of our information and according to the explanations given to us theremuneration paid by the Company to its directors during the year is in accordance withthe provisions of section 197 of the Act.
i) With respect to the other matters to be included in the Auditor's Report inaccordance with Rule 11 of the Companies (Audit and Auditors) Rules 2014 as amended inour opinion and to the best of our information and according to the explanations given tous:
i. The Company has disclosed the impact of pending litigations on its financialposition in its standalone financial statements;
ii. The Company has made provision as required under the applicable law or accountingstandards for material foreseeable losses if any on long-term contracts includingderivative contracts; and
iii. There has been no delay in transferring amounts required to be transferred tothe Investor Education and Protection Fund by the Company.
2. As required by the Companies (Auditor's Report) Order 2016 ("the Order")issued by the Central Government in terms of Section 143(11) of the Act we give in"Annexure B" a statement on the matters specified in paragraphs 3 and 4 of theOrder.
ANNEXURE ‘A' TO THE INDEPENDENT AUDITOR'S REPORT
(Referred to in paragraph 1(g) under ‘Report on Other Legal and RegulatoryRequirements' section of our report to the Members of Hinduja Global Solutions Limited ofeven date)
Report on the Internal Financial Controls Over Financial Reporting under Clause (i) ofSub-section 3 of Section 143 of the Companies Act 2013 ("the Act")
We have audited the internal financial controls over financial reporting of HINDUJAGLOBAL SOLUTIONS LIMITED ("the Company") as of March 31 2021 in conjunctionwith our audit of the standalone Ind AS financial statements of the Company for the yearended on that date which includes internal financial controls over financial reporting ofthe Company's branch.
Management's Responsibility for Internal Financial Controls
The Company's management is responsible for establishing and maintaining internalfinancial controls based on "the internal control over financial reporting criteriaestablished by the Company considering the essential components of internal control statedin the Guidance Note on Audit of Internal Financial Controls over Financial Reportingissued by the Institute of Chartered Accountants of India". These responsibilitiesinclude the design implementation and maintenance of adequate internal financial controlsthat were operating effectively for ensuring the orderly and efficient conduct of itsbusiness including adherence to respective company's policies the safeguarding of itsassets the prevention and detection of frauds and errors the accuracy and completenessof the accounting records and the timely preparation of reliable financial informationas required under the Companies Act 2013.
Auditor's Responsibility
Our responsibility is to express an opinion on the Company's internal financialcontrols over financial reporting of the Company based on our audit. We conducted ouraudit in accordance with the Guidance Note on Audit of Internal Financial Controls OverFinancial Reporting (the "Guidance Note") issued by the Institute of CharteredAccountants of India and the Standards on Auditing prescribed under Section 143(10) of theCompanies Act 2013 to the extent applicable to an audit of internal financial controls.Those Standards and the Guidance Note require that we comply with ethical requirements andplan and perform the audit to obtain reasonable assurance about whether adequate internalfinancial controls over financial reporting was established and maintained and if suchcontrols operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy ofthe internal financial controls system over financial reporting and their operatingeffectiveness. Our audit of internal financial controls over financial reporting includedobtaining an understanding of internal financial controls over financial reportingassessing the risk that a material weakness exists and testing and evaluating the designand operating 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 financial statements whether due to fraud or error.
We believe that the audit evidence we have obtained and the audit evidence obtained bythe branch auditors of branch located in Philippines in terms of their reports referredto in the Other Matters paragraph below is sufficient and appropriate to provide a basisfor our audit opinion on the Company's internal financial controls system over financialreporting.
Meaning of Internal Financial Controls over Financial Reporting
A company's internal financial control over financial reporting is a process designedto provide reasonable assurance regarding the reliability of financial reporting and thepreparation of financial statements for external purposes in accordance with generallyaccepted accounting principles. A company's internal financial control over financialreporting includes those policies and procedures that
(1) pertain to the maintenance of records that in reasonable detail accurately andfairly reflect the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded as necessary to permitpreparation of financial statements in accordance with generally accepted accountingprinciples and that receipts and expenditures of the company are being made only inaccordance with authorisations of management and directors of the company; and
(3) provide reasonable assurance regarding prevention or timely detection ofunauthorised acquisition use or disposition of the company's assets that could have amaterial effect on the financial statements.
Inherent Limitations of Internal Financial Controls over Financial Reporting
Because of the inherent limitations of internal financial controls over financialreporting including the possibility of collusion or improper management override ofcontrols material misstatements due to error or fraud may occur and not be detected.Also projections of any evaluation of the internal financial controls over financialreporting to future periods are subject to the risk that the internal financial controlover financial reporting may become inadequate because of changes in conditions or thatthe degree of compliance with the policies or procedures may deteriorate.
Opinion
In our opinion to the best of our information and according to the explanations givento us and based on the consideration of the reports of the branch auditors on internalfinancial controls system over financial reporting of the branch referred to in the OtherMatters paragraph below the Company has in all material respects an adequate internalfinancial controls system over financial reporting and such internal financial controlsover financial reporting were operating effectively as at March 31 2021 based on"the criteria for internal financial control over financial reporting established bythe Company considering the essential components of internal control stated in theGuidance Note on Audit of Internal Financial Controls Over Financial Reporting issued bythe Institute of Chartered Accountants of India".
Other Matters
Our aforesaid report under Section 143(3)(i) of the Act on the adequacy and operatingeffectiveness of the internal financial controls over financial reporting insofar as itrelates to a branch located in Philippines is based on the corresponding reports of thebranch auditors.
Our opinion is not modified in respect of this matter.
ANNEXURE ‘B' TO THE INDEPENDENT AUDITOR'S REPORT
(Referred to in paragraph 2 under ‘Report on Other Legal and RegulatoryRequirements' section of our report to the members of Hinduja Global Solutions Limited ofeven date)
(i) In respect of the Company's fixed assets:
(a) The Company has maintained proper records showing full particulars includingquantitative details and situation of fixed assets.
(b) The Company has a program of verification of fixed assets to cover all the items ina phased manner over a period of three years which in our opinion is reasonable havingregard to the size of the Company and the nature of its assets. Pursuant to the programcertain fixed assets were physically verified by the Management during the year. Accordingto the information and explanations given to us no material discrepancies were noticed onsuch verification.
(c) According to the information and explanations given to us and the records examinedby us and based on the examination of the registered sale deed / Assignment cum conveyancedeed provided to us we report that the title deeds comprising all the immovableproperties of land and buildings which are freehold are held in the name of the Companyas at the balance sheet date. In respect of immovable properties of building that havebeen taken on lease and disclosed as fixed asset in the financial statements the leaseagreements are in the name of the Company where the Company is the lessee in theagreement.
(ii) The Company is in the business of rendering services and consequently does nothold any physical inventory. Therefore the provisions of Clause 3(ii) of the said Orderis not applicable to the Company.
(iii) The Company has not granted any loans secured or unsecured to companies firmsLimited Liability Partnerships or other parties covered in the register maintained undersection 189 of the Companies Act 2013.
(iv) In our opinion and according to the information and explanations given to us theCompany has complied with the provisions of Sections 185 and 186 of the Companies Act2013 in respect of grant of loans making investments and providing guarantees andsecurities as applicable.
(v) The Company has not accepted any deposit during the year and does not have anyunclaimed deposits as at March 31 2021 and therefore the provisions of the clause 3 (v)of the said Order is not applicable to the Company.
(vi) The maintenance of cost records has not been specified by the Central Governmentunder section 148(1) of the Companies Act 2013 for the business activities carried out bythe Company. Thus reporting under clause 3(vi) of the said Order is not applicable to theCompany.
(vii) According to the information and explanations given to us in respect ofstatutory dues: (Update ones when the conclusion is reached)
(a) The Company has generally been regular in depositing undisputed statutory duesincluding Provident Fund Employees' State Insurance Income-tax Customs Duty Goods andServices Tax Excise duty cess and other material statutory dues applicable to it to theappropriate authorities.
(b) There were no undisputed amounts payable in respect of Provident Fund Employees'State Insurance Income-tax Customs Duty Goods and Services Tax cess and other materialstatutory dues in arrears as at March 31 2021 for a period of more than six months fromthe date they became payable except for the below mentioned Provident fund payable:
| Name of Statute | Nature of Dues | Period to which the Amount Relates | Amount Involved (R in Lakhs) | Amount Unpaid (R in Lakhs) | Reason for non-payment |
| Employees Provident Funds & Miscellaneous Provision Act 1952 | Provident Fund | April 2019 to July 2020 | 41.94 | 41.94 | Employee Aadhaar number is not available |
(c) There are no dues of Income-tax Sales tax Service tax Goods and Service taxCustoms Duty Excise duty and Value Added as on March 312021 on account of disputesexcept for the below mentioned professional tax amounts.
| Name of Statue | Nature of Dues | Period to which the amount relates | Forum where dispute is pending | Amount Involved (R in Lakhs) | Amount Unpaid (R in Lakhs) |
| Maharashtra Tax on Professions Traders Callings and Employment Act 1975 | Professional Tax | FY 2016-2017 | Commissioner of State tax Appeals | 4.37 | 3.27 |
(viii) In our opinion and according to the information and explanations given to usthe Company has not defaulted in the repayment of loans or borrowings to financialinstitutions banks and government. Further the Company has not issued any debentures.
(ix) The Company has not raised moneys by way of initial public offer or further publicoffer (including debt instruments) or term loans and hence reporting under clause (ix) ofthe CARO 2016 Order is not applicable.
(x) To the best of our knowledge and according to the information and explanationsgiven to us no material fraud by the Company and no material fraud on the Company by itsofficers or employees has been noticed or reported during the year.
(xi) In our opinion and according to the information and explanations given to us theCompany has paid / provided managerial remuneration in accordance with the requisiteapprovals mandated by the provisions of section 197 read with Schedule V to the CompaniesAct 2013.
(xii) The Company is not a Nidhi Company and hence reporting under clause 3(xii) of thesaid Order is not applicable.
(xiii) In our opinion and according to the information and explanations given to us theCompany is in compliance with Section 177 and 188 of the Companies Act 2013 whereapplicable for all transactions with the related parties and the details of related partytransactions have been disclosed in the financial statements as required by the applicableaccounting standards.
(xiv) During the year the Company has not made any preferential allotment or privateplacement of shares or fully or partly convertible debentures and hence reporting underclause 3(xiv) of the said Order is not applicable to the Company.
(xv) In our opinion and according to the information and explanations given to usduring the year the Company has not entered into any non-cash transactions with itsdirectors or persons connected with him and hence provisions of section 192 of theCompanies Act 2013 are not applicable.
(xvi) The Company is not required to be registered under section 45-IA of the ReserveBank of India Act 1934.
| for DELOITTE HASKINS & SELLS LLP |
| Chartered Accountants |
| (Firm's Registration No.117366W/W-100018) |
| Vikas Bagaria |
| Partner |
| (Membership No. 060408) |
| Place : Bengaluru | UDIN: 21060408AAAABT5843 |
| Date : June 18 2021 | |
