We have audited the accompanying Standalone Financial Statements of KHYATI GLOBAL VENTURES
LIMITED (formerly known as Khyati Advisory Services Limited) (“the Company”), which comprise the Balance
Sheet as at March 31, 2026, the Statement of Profit and Loss for the year ended on March 31, 2026, the Statement of
Cash flows for the year ended and 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 in the manner so required and give a true and
fair view in conformity with the Accounting Standards prescribed under Section 133 of the Act & other accounting
principles generally accepted in India, of the state of affairs of the Company as at March 31, 2026, its profits and its
cash flows for the year ended on that date.

Basis for Opinion

We conducted our audit in accordance with Standards on Auditing (SAs) specified under Section 143(10) of the Act
and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India (“the
ICAI”). Our responsibilities under those standards are further described in the ‘Auditor’s Responsibilities for the
Audit of Financial Results’ section of our report. We are independent of the company in accordance with the code of
ethics issued by the ICAI together with ethical requirements that are relevant to our audit of the financial results under
the provisions of the Act and Rules made thereunder, and we have fulfilled our ethical responsibilities in accordance
with the requirements with these requirements and the Code of Ethics. We believe that the audit evidences obtained
by us is sufficient and appropriate to provide a basis for our opinion.

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.

We have determined the matters described below to be the key audit matters to be communicated in our report.

INFORMATION OTHER THAN THE FINANCIAL STATEMENTS AND AUDITOR’S REPORT THEREON.

The company’s board is responsible for the preparation of the other information. The other information comprises the
information included Management Discussion and Analysis, Board’s Report including Annexures to Board’s Report,
Business Responsibility 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.

Managements and Board of Director’s Responsibilities for the Financial Results

These financial results have been prepared on the basis of the annual financial statements.

The company’s Board of Directors are responsible for the preparation and presentation of these financial results that give
a true and fair view of the net profit and other comprehensive income and other financial information of the company and
the statement of assets and liabilities and statement of cash flows in accordance with recognition and measurement
principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 (“the
Act”) read with relevant issues thereunder and other accounting principles generally accepted in India and in compliance
with Regulation 33 of the Listing Regulations. 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 accounting policies; making judgement and estimates
that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls,
that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the
preparation and presentation of the financial statements that give true and fair view and are free for material misstatement,
whether due to fraud and error.

In preparing the financial results, the Board of Directors of the Company are responsible for assessing the ability of the
Company to continue as going concern, disclosing as applicable, matters related to going concern and using the going
concern basis of accounting unless the Board of Directors either intends to liquidate the company or to cease operations,
or has no realistic alternative but to do so.

The Board of Directors of the Company is responsible for overseeing the financial reporting process of the Company.
Auditor’s Responsibilities for the Audit of Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results 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 not a guarantee that an audit conducted in accordance with SAs will always detect a
material misstatement when it exists. Misstatement can arise from a fraud or error and consider material, if, individually
or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial results.

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

• Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design
and perform audit procedure responsive to those risks, and obtain audit evidence that is sufficient and appropriate to
our basis of opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one
resulting from error, as fraud involves collusions, forgery, intentional omissions, misrepresentations, or override of
internal control.

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

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

• Conclude on the appropriateness of the Board of Directors use of the going concern basis of accounting and, based
on our audit evidences obtained, whether a material uncertainty exists related to events or conditions that may cast
significant doubt on the ability of the company to continue as a going concern. If we conclude that material
uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial
results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidences
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 financial results including the disclosures and whether the
financial results represent the underlying transactions and events in the manner that achieves fair presentation.

We communicate with those charged with governance of the company regarding, among other matters, the planned
scope of timing of the audit and significant audit findings, including 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 our independence, and wherever applicable, related safeguards.

REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS

1. As required by Section 143(3) of the Act, based on our audit 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 purposes of our audit;

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

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

d) In our opinion, the aforesaid 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 the written representations received from the directors as on March 31, 2025, 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 internal financial control over financial reporting of the company & the operating
effectiveness of such controls, refer to our separate report in Annexure “A”. Our report expresses an unmodified
opinion on the adequacy and operating effectiveness of the company’s internal financial controls over financial
reporting.

g) With respect to the other matters to be included in the Auditor’s Report in accordance with the requirements of
section 197(16) of the Act, as amended:

In our opinion and to the best of our information and according to the explanations given to us, the remuneration
paid by the Company to its directors during the year is in accordance with the provisions of section 197 of the Act.

h) With respect to other matters to be included in the Auditor’s Report in accordance with Rule 11 of the companies

(Audit and Auditors) Rules, 2014, as amended in our opinion and to the best of our information and according to

the explanation given to us:

(i) The Company has no pending litigations on its financial position in its financial statements.

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

(iii) The Company is not liable to transfer any amounts, to the Investor Education and Protection Fund during the
year ended March 31, 2026.

(iv) a) The Management has represented that, to the best of its knowledge and belief, no funds (which are material
either individually or in the aggregate) 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 or entity,
including foreign entity (“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;

The Management has represented, that, to the best of its knowledge and belief, no funds (which are material
either individually or in the aggregate) have been received by the Company from any person or entity,
including foreign entity (“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;

(b) Based on audit procedures that have been 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 (i) and
(ii) of Rule 11(e) contain any material mis-statement.

(v) The company has not declared and paid any dividend during the year 2025-26.

(vi) Based on our examination which included test checks, the Company has used accounting softwares for
maintaining its books of account for the financial year ended March 31, 2026 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 softwares. Further, during the course of our audit we did not come across any instance of audit trail
feature being tampered with.

2. As required by the Companies (Auditor’s Report) Order, 2020 (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 the Order.

For Sarath & Associates
Chartered Accountants
FRN: 005120S

Sd/-

CA G Yaswanth Kumar
Partner M. No. 250400
Place: Mumbai
Date: 29.05.2026
UDIN: 26250400FXHUJI1618