To the Members of Web I lenient Solutions Limited CIN NT): I.722[X>MM2[!0HE'[.t;imzU

Kepori on the Audi! of the financial Statements

Opini cm

We have audited the fijianciid statements of Web LtomenL Solutions li mil eel Ý" the Company "^,)_J which ctm-ipri™ thu Iterance Sheet jI 31 $t M.nclv 2024, the Statement of PrnfEt and L^ss. the Cash Flow Statement for the year ended nn that date, ant! flutes to the finarKia] statements, including a summary <n chu significant accounting policies and other e*planatur. information. (Hereinafter referred Lii js "financial Statements"),

In Our i Npinion and to tile best of our information and accordulg to tin¹ explanations given to us, the aforesaid financial statements give the information rt'Huired by the Companies Act 2013 {the "Act'¹} in the manner so re^uirt'd and gfve a true amS fair viei^ in cf'iofc-iinoity with tb. accounting. principles generally accepted in India_r of the state of affairs (financial position) of the Company as ill 31st March, 21124, ite profit, and its ^nsh flows for die wai ended on th<i: date.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (5As) specified under section 143(10) of the .Act- Our responsibilities under those St.iodards are further described in I he Auditors KesponstbiJities for L3ie Audit of the* Financial Statements section of our report. We ure independent of ihe Company in accordance wirli rJi.Ý Code -if Ethics issued by thu' Institute of Chartered Accountants.of India pCAl") together with Lhe ethical retjuiramEUbJ that gre relevant to uur audit of the linanfial statemi nLs under the provisions of die Act and itu Rules made thereunder,, iirui we have fulfilled our other ethical responsibilities in accordance with these requircmEnts and the 1C AI Code of Kt h i.. h .

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter f f

m

Key Audit Matters

Kev Audit natter*; are those matters thji, in LfUJ prol^SSliXUll judgment, Kvere u-J most significance in our audit of the financial Statements of the current period. h,tve il-T-U'r:nintid that (here aw no key judEr matters ta eommunioabt! lin -ur report

Info renal inn Other than the Hnanciai Statements And Auditor's Report ] hereon

The Company's Board of Directors is responsible for Lhv preparation of the other information, [“he other information comprises the information included in the Management DL-Jcwssion and Analysis, Board'? Report including Annuxures h^ Jkwrd's Report, Business Responsibility Report Corporate Ctivcmarvo and Shareholder's Information, but docs not include the financial Statements and our auditor's report thereon.

Our opinion fin the financial ntatementi dt>OS not -eover the other information and we do not express any form uf assurance conclusion [hereon.

In connection with OU* audit of the finiincLijL Statement our responsibility is to read flic other information and, in doing so, consider whether the ocher information is materially inconsistent with lhi finanLiaJ Statements or our knowledyt: obtained during the course :i|- oor -tL]c31L or Otherwise appears to be mjitu-rm llv mi?? i a ted.

If, bused on the work we hnw performed, we conclude that there is a materiel misstatement of this other information; we are required to report that facl Wo have nothing to report in this regard.

Responsibility uf Management for the Financial Statements

E'ho Company's Board of Directors is responsible for the matters stated in section 134(5) of the Act with respect to the preparation of these financial statements that give a true and ;jir view of the i infincial position, findJiciEil performance and cash flows of Lfie Company in accordante with the accounting principles generally accepted in India, including the Accounting SunJards specified under section VA of the Act. This responsibility also includes maintenance of adequate accounting records in accordance with tlie pmvisLun? of the Act for S-ifegU aru i ny of the assets of the Company jnd for preventing and defecting frauds and Other irregularities; selection Hnd application of appropriate implementation und maintenance of accounting policies; making judgment? and estimate? that are reasonable and prudent; and design implementation and maintenance? uF adequate interna! financial control’*, that were operating effectively for ensuring the accuracy and cumplcteness of the accounting records, relevant to the preparation and presentation of' the financial statement that give a true and fair view' and

I 5. '

y|2 Corporate Annexe, Sonawaia Rond, Near Udyog Bhawan. Goregaon fiasu Mumbai - Q

l^ndline. Nw.: 93 12 26856463: l-niail llh prof.-dejiiileot^^'ibcom: U-_L-hsUc;

are free from material mi-vitateiiKnt whetbei dm^-K> fraud or error.

In preparing the financial statements, management is responaiWo for assessing the Company's ability to continue a? a going concern, disclosing, as applicable, matters rotated to going concern and using the going Concern basis of accounting unless mnndgemeni either intends to liquidate the Company Of tn oease operations, (jrh.i-. no realistic alternative hut to do so.

Those BcwrJ of Directors are also responsible for overseeing Ihe company's financial reporting process.

Auditor's KgsponFiibililies for the Audi! of the l-'ijiancia] Sfatcrn-ertts

Our objectives an- tn obtain reasonable tiSSU f a nrc alsnul whether the financial statements as a wji i'El^j are fref front material misstatement. whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable essuranee is a high lewl of assurance, but is not a guarantee lhat an audit conducted in accordance wdh SAs, wit! always detect a material miss to tement when El exists. Misstatements can arise from fnlud or error and are considered material if, individually or ill the aggregate, they could reasonably be «tpected tn influence the economic decisions of users taken on the basis nf these financial slalfments.

As part of an audit in accordanre with 5As, wp c-sreroEso professional judgment and maintain professional skepticism throughout Ihe fiudtl. We a I ho:

* Identify and asie¹s the risks of material misstatement ot I he financial statements, whcthc'T due to fraud or error, desig: and perform and it procedures Fcsponsjve¹ to those risks, and obtain uudit evidence that is sufficient and appropriate to provide a basis for OUT opinion. Piie risk of not detecting a material misstatement resulting from fraud is higher dun for ono resulting from error, as fraud may involve collusion, forgery, intentional emissions. miHreprescntalions or the override of internal Control

* Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures thai are appropriate in Ihu circumstances. Under section 14j{3)(!) of the Act, st are also responsible for 'Repressing out opinion on whether the Company has adequate internal financial controls system in place and the operating effect vetoes of such controls.

* Conclude on lha a.jjprbpriatenefis of management's use &f the going concern basis of Houiittdifl and, based on Lhv audt! evidence obtained. whetiUdc a material unnrtainty exists related to ewnts oi conditions tha! may cast significant doubt on tfu¹ Company's ability Contmu* uia going concern. If we conclude that a material uiKKtaintv' exists, Wl-art required. to draw attention in our Auditors Report Lo the related disclosures in ihe-financial statements nr, ii such disclosures are inadequate, lo modify our opinion. Our mnchiadons are based on the audit evidence obtained up Cu the date of Our Auditor's Report. However, tutur-L¹ events or conditions mav eau w the Company to cease 10 continue as agoing concern.

* Evaluate the overall presentation. structure and content of the financial Slalcmenl *>, including the dtselosures, and whether the financial staVoienta represent the underlying transactions and events in a manner that achieves fair presentation,

\-1stert.ilily is- the magnitude of mijislateninlls in the financial s I a h Ý meuls that, Individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements mav he influenced* We consider c|ctOEllilAlivc materiality and qualitative factor¹: in fit planning the scopt' of our iiudil work and in evaluating thu tij-stjEfS of our work; and fit) to evaluate tEle effect of am- Identified misstatements In the financial State mnnts.

We conunUIUrate wltli those charged With governance regarding, among other matters, the planned scope und liming of the audit and significant audit findings, ]ncluding any significant deficiencies in internal control that we identify during out audit

We also provide those charged with governance with e state-mcint that we have complied witEi relevant ethical requirements regarding independence, and to communicate with them a I relationships and other matters that may reasonably lie though! to hear <m our in dependence, and where applicable related safeguards.

Report nn Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor's Report! Order, 2it2b ( tin¹ thdur ) issued by thu Central Government of India in terms of gub-section f 11J of Jwctdon 143 of (he Act, we give

in the "Annexure A", li ifahimuflt on the matter* Specified in paragraphs 3 and 4 of thf

Order, to Lite extent applicable.

2. As nqum-d bv section 14^(5) tf/ iha Act, we repoFl t!tah

a) we have sought and obtained all the information and raplanatiAns which, it) the hesl 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 kepi bv the Company so far as !l appears from uur eumiftadtin Of Lhi 'S* books.:

ej the Balance 5heel. the Statement of l*rofit and Lose;, and the Cash Plow- Btaiement deah with frv this Report are In agreement with the books of ICCOUnl:

J) ir Moir opinion, the aforesaid I i na ocifl l si a tome nLs com ply wi th die ACCOU n ling Standards isperified under Section l43of the Act. read with relevant rules issued thereunder;

e) tm the basis of the written representation!! received from the directors as or Pi 1 s t Match, 2 [$24 and taken on record by the Board of Directors^. nor;.- of the directors Is disqualified as ;m 51st March, 2024 from being appointed as a director in terms of Section 164 (2\ of the Act;

if v-v Lth res pe>ft to thu adequacy of the internal flnancml controls nver financial rCp( it I ing of rhe Company and the Derating effectiveness of such controls, refer lo our separate report til "AnrieKore - IT; and

gj 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 Lhe best of our Information and according to the uxplanalinns giv'Etn to us, the remuneration paid by the Company lo Its director; during the year is in accordance with thp provisions of section 197 of the Art,

h) with respect to the- olher matters to be included in the Auditor's Report in accords nor with Rule 11 of th* Companies (Audit and Auditors) Rules, 2014, in our opinion and to tht best of our information and a cx curding (Ý.Ý ;he explanations given Lo us:

L The Company do« not hive any pending Jitij’^tions which would impact its financial position

J[. The Companv did not bavin anv long-term contracts includcrtg deriv£iUce contracts for which there were anv material foreseeable towes: and

lit. There were no amounts due which Were rc\|uirL'd to be UansFenwl lo the In vector Education and Protection Fund by the Company.

IV. fa) The management ho-; represented that. to the best of their knowledge ami belief, no hinds haw been jJvjik ed Or loaned or invested fi'ithor from borrowed funds or share premium or any other sources or hind of funds) by the Company lo or in any other personCs) or enlLtyJics). including foieign entities ("Intermediaries"), with the understanding, whether i^-orded in writing or otherwise, dial ihe Intermediary shall:

- Directly or indirectly lend or invest in Other persons or entities, idem fied in ary manner whatsoever C“ Ultimate Jien.cfieiarj'.'-s") hi- or on behalf oi the Company or

provide any guarantee, sCCurit} Of the like on behalf of the Ultimate Beneficiaries;

(b) The management has represented, that, po Che best of their knowledge and belief, no funds have bom received by the Company from any personfs) or enitry (ies). ineluding foreign unities ("'funding Farcies'"), with the understanding, whether recorded in writing or otherwise, that the Company ^hail:

- D5ttcEIv or indirectly, lend or invest ill other persons or entities identified iftary manner whatsoever ("UltimLLte Benefkiariajf) by or on behalf of die Funding Party or

- provide anv guarantee:, security or the like OH behalf <jf the Ultimate Beneficiaries; and

(e) Based nn audit procedures that have been considered reasonable and appropriate in the ciminuitence:;, nothing has come to nur notice that has caused us to believe that the representations under sub-clause fi) and (ii) of Rule H(e) as provided under E (iv) (a) and(b) above, contain any material misstatement___

V. The Company has. not declared nor proposed or paid any dividend during the year and, therefore, compliance unJfT Section 123 of tb.L? CompWin Afit, 201 3 ls not applicable to the Company.

Y'L. As proviso to Kule .3(1) of th(-* Companies (Accounts) fluleii, 2014 (as amended), which provides for the feature oi recording of audit trail (edit log) facility in the accounting software used by the Company for maintenance nf hooks of account and related mentis, inapplicable to the Company. The Ccsrnpuny has not applied the same during the financial vein. However the Company had updated the software and applied the same for i .y 302J-£tl25.

Evaluate the appropriateness ul accounting policies used arid the accounting Estimates end related disclosure¹ made by management: