We have audited the accompanying standalone financial statements of VASA DENTICITY LIMITED (“die
Company”), which comprise the balance sheet as at March 31, 2025, the statement of profit and loss, and
statement of cash flows for the year then ended, and notes to die standalone financial statements, including a
summary of significant accounting policies and other explanatory information

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid
standalone 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 principles generally accepted in India,
of die state of affairs of the Company as at March 31, 2025, and its Profit, 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 Companies Act, 2013. Our responsibilities under those Standards are further described in the “Auditor’s
Responsibilities 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 the Institute of Chartered Accountants of
India together with the ethical requirements that are relevant to our audit of the standalone financial statements
under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other
ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance 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 financial statements as a whole, and in forming our opinion thereon, and we do not
provide a separate opinion on tlqese matters.

Other Information

The Company’s Board of Directors is responsible for the other information The nth Ý e •

the information included in the annual r n *Ý u a Ý ' ^0tk^{er mformatlo}n comprises

;;tr^{repott The} ^ ^

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Lfo3irL™^hfie°d^rabo™ len TWme_s ”7'“' °^Ur “P^Mity « to te.d the other

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°^{f Managen,en}' ^a”^{d Th}°^{Se Ch}“*'^d Governance for rhe Standalone flnancia.

to I⁰”"”’ ‘^S “^P°”^{ible f}” ^th' «** in sechon 134(5) of toe Company

; _f ^{( A }}r^{Wlth reS}P^{CCt t0 1116} P^reP^aration of these standalone financial statements that give a true
and fair view of the financial position, finanaal performance, and cash flows of die Company in accordance

section"™^e⁸ 7a ^ “ ^Ma’ ^lndudlng Accounting Standards specified under

ection 133 of the Act. This responsibility also includes maintenance of adequate accounting records in

lnd°d ^ti ^ f ¹ H ^PTT °^{f Ae ACt f}°^{r SafegUardk}g ^{of the assets of} die Company and for preventing
detecting frauds and other irregularities; selection and application of appropriate accounting policies

making judgments and estimates that are reasonable and prudent; and design, implementation and mltenance’

a equate internal financial controls, that were operating effectively for ensuring the accuracy and

statemeiits^atgive ***”^ln“° ¹¹¹⁶ P-P-don and presentation of the standalone financial

ments that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone financial statements, the Board of Directors is responsible for assessing the
Company sabihty to continue as a going concern, disclosing, as applicable, matters related to going concern
sing the going concern basis of accounting unless the Board of Directors either intends to liquidate die
Company or to cease operations, or has no realistic alternative but to do so.

Those Board of Directors are also responsible for overseeing the Company’s financial reporting process.
Auditor’s Responsibilities for the Audit of the Standalone financial statements

our opinion. Reasonable assurance is a high level of as ^or> an to issue an auditor s report that includes

accordance with SAs will always detect _a mat ri 1 ^{SSUranCC Ut 1S not a} S^uarantee that an audit conducted in
fraud or error and are constmd matedd iT^ “ ^Mssta“ can arise from
to influence the economic decisions of user' r k ^ ^U l ^{1116 a8gfegate they could} reasonably be expected
As part of an audit intco7^ ^ ^ *“*? —n*

skepticism throughout the audit. We also: ' ^{C eXelC1SC pW esslonaJ} judgment and maintain professional

a mateml misstatement resulting from fraud i_s higher than for one resulting from error as fid mav

Inti ^ ““ ~’ —-s, orle ovemdellnternal

• ” ^understandi"« of intemd control relevant to the aud.t in order to design audit procedures
at are appropriate in the circumstances. Under section 143(3)® of the Companies Act 2013

also responsible for expressing our opnnon on whether the company has7^2
o tools 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. ^S

• Conclude on die appropriateness of management’s use of the going concern basis of accounting and
based on die and,, evidence obtained, whether a matenal uncertainty exists related events t
conditions that may cast significant doubt on the Company's ability to continue as a going concern If

rz o d r; ^ra*^teMl r*** ^{we aK} *•> j j_tor-_s

to the rdated disclosures in the standalone financial statements or, if such disclosures are inadequate
o modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of
our auditors report. However, future events or condidons may cause die Company to cease
continue as a going concern. '^V

* f^V,^aIT^e rr^{11 PreSentation}’ ^{Structure and conten}t of the standalone financial statements
cudmg the disclosures, and whether the standalone financial statements represent the underlying
transactions and events jn a manner that achieves fair presentation. ^&

lui “TT“ J ”^tV^h0“ ^{Cl,iUSed With gOTe}"““ Other matters, the planned scope and

we id^{E s}«”‘^fioaut audit findings, mduding any sigmficant deficiencies in internal control that

we identify during our audit.

r;t,"r_gtxri”^ce ”^th * ~ r " ^h"^e—-

^ma7”*^S„^{nabI? be ,h}“«^ht *° ^b— tendance, aud where applicable,

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Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor's Report) Order, 2020 (“the Order”), issued by the Central

m *e“Z‘ A “^{m tt}™^S °^{f SUb}-^SeC,i0" (“> °^{f s}“““ 1« of*. Companies Ac, 2013, we give
extent ^ ‘ ⁰ⁿ ^ “ *"*** 3 and 4 of *e Order, to *e

2. As required by Section 143(3) of the Act, we report that:

a. We have sought and obhuned all the information and explanations which 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 Sheer, the Statement of Profit and Loss and the Cash Flow Statement dealt with
by this Report are in agreement with the books of account

d. In our opinion, *e aforesaid standalone financial statements comply wi* *e Accounting

Standards specified under Section 133 of the Act, read wi* Rule 7 of tire Comp,ores
(Accounts) Rules, 2014. ^r

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 the internal financial controls over financial reporting of the

Company and the operating effectiveness of such controls, refer to our separate Report m
Annexure B”.

g. With respect to the matter to be included in the Auditor’s Report under Section 197116) of

the Act: * ^v 1

In our opinion, die managerial remuneration for the year ended March M omth u • ,

rsri: "^rec,o,s m ** *Ý—

h. With respect to the other matters to be included in the Auditor’s Report in accordance with
e 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of

our information and according to the explanations given to us:

i. There are no pending litigations on the Company.

7' ITT¹’”⁵'^{<lid 1}”°*'^h”^e “^{7 l0}”⁸*^tem' ^{COnttacts mcl}“^di"« dative contracts for
Which there were any material foreseeable losses.

nr. There has been no delay in transfemng amounts required to be transferred to the
Investor Education and Protection Fund by the Company.

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 hinds or share premium or any other-
sources or kind of hinds) by the Company _or i„ any other person or entity
inducing foreign entity (“Intermediaries”), with the understanding, whether recorded
in writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend
or invest m other persons or entities identihed in any manner whatsoever by or on
behalf of the Company (“Ultimate Benef.ciar.es”) or provide any guarantee, secunty
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 (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;

(c) Based on the 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), as
provided under (a) and (b) above, contain any material misstatement.

v. Based on our examination, which included test checks, the Company has used
accounting software for maintaining its books of account which have a feature of
recording audit trail (edit log) facility and that has operated throughout the year for

elevant transacts recorded in acconnung software. Dunng the coarse of
performing on, procedures we did not nonce any instance of audit L feature being
ampered with and die audit nail has been preserved by the Company as per the
statutory requirements for record retention. ^{7 P}

For KRA & Co.

Chartered Accountants *

(Firm Registration No.020266N)

Saurabh Garg
Partner

Membership No.: 510541
UDIN: 25510541BMJJNL8163
Place: Delhi
Date: May 16, 2025