a) We have audited the aocompa nying Standa lone Fi nancial Statements Df Cenl ub industries L- m ited ("the Compa ay"), which comprise th e balance Sheet as at March 31, 2024, the Statement of Profit and Loss (Including Other Comprehensive Income), the Statement of Cha nges in Equity and the Statement of Cash Flows for the year ended on that date, and a summary of the significant eccounting policies and other explanatory information (hereinafter referred to as "the Fi nancial Statements'¹).

b) In wr opi nion and to the best of our information and according to the explanations given to us_r the aforesaid Fina ncial Statements g ive the information required by the Companies Act, 2013 ("the Act^rf)in the manner so required and give a true and fair view in conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with the Companies (Indian Accounting Sta ndards) Ru les, 2015, as amended, ("Ind AS'¹) a nd other accounting pri nciples genera lly accepted i n J ndia, of the state of affairs of the Company as at March 31, 2024, the profit and total comprehensive income, charges in equity and its cash flows for the year ended on that date.

Basis for opinion

We cond acted our audit in accordance with the Standards on Aud itl ng (SAs) specified under section 143( 10) of the Compan les Act, 2013. Ou r responsibilities under those Standards are further described in the Auditor's Responsibilities for the audit of the financial statements section of our report. We are independent of the Company m accordance with the Godeot Ethics issued by the Institute of Chartered Accountants of India together with the eth icai requi rements that are releva nt to our aud it of the fi nancial statements under the provisions of the Com panies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Cade of Ethics. We believe that the audit evidence we have obta ined is sufficient and appropriate to provide a hasis for our opi nion.

Key audit matters

Key audit matters are those matters that, in our professional Judgement, were of most significance in our audit of the Financial Statements of the current period. These matters were addressed in the context of oar audit of the Financial Statements as a whole, and in forming our opi nion thereon, and we do not provide a sepa rate opin ion on these matters.

Informatio n other than the fi na ncial statements a n d a u ditors' report thereon

a) The Company's Board of Directors is responsible for the preparation of the other information, The other information comprises the information Included In the Management Discussion and Analysis, Board’s Report including Annexures to Board’s Report, Business Responsibility Report, Corporate Governance and Shareholder’s Information, but does not include the Financial Statements and our auditor’s re port thereon. Ou r opin ion on the fina rrcia I statements does not cover the other information and we do not express any form of assurance conclusion thereon

b) 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 otherwi se appea rs to be material ly misstated. If, based on the work we have performed, we conclude that there Is a material misstatement of this other i nfbrmation, we are req ui red to report that fact. We have noth ing to report in th is rega rd,

M a n a g e moot' s re s p o n s i b i I ity for th e f i n a n ci a I statcin e n ts

a) The Company’s Board of Directors is responsible (dr the matters stated in Section 134(5) of the Companies Act, 2013 ("the Act") with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Ruies, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding

the assets of the Company and for preventing and 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 maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

b) In preparing the financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either indents to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

c) The Board of Directors are responsible for overseeing the Company'5 financial reporting process.

And i to r's rasponsi bil ities for the a Lid it of the fi na ncial statements

a) Our responsibility is to express an opinion on these standalone financial statements based on our audit. We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made thereunder.

b) An audit also ndudes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Company’s Directors, as well as evaluating the overall presentation of the financial statements.

c) We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements,

d) As part of an audit in accordance with SAs, we exercise professional Judgment and maintain professional skepticism throughout the audit. We also;

i) Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or emor, design and

perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opi nion. The risk of not detect ng a material m isstatement resulting from fraud is higher than for one nesu Iti ng from error, as fraud may Involve col luslori, forgery, intentional om Issions, m ^representations, or the override of internal control.

i i) Obtai n a n u nderstand mg of interna I financia I controls re levant to the aud it in order to desig n aodi L procedures that are a ppropriate

in the circumstances. Under section 143(3)0) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal f i nandal controls with reference to fira ncia I statem ents in place and the operating effective ness of such contnols.

iii) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

iv) Conclude on the appropriateness of ma nagement's use of the going concern basis of accounti ng and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as 3 going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Financial Statements or, if such disdosures are inadeq uate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or cond itions may ca use the Com peny to cease to conti nue as a goi ng concern,

v) Evaluate the overall presentation, structure and content of the Financial Statements, including the disclosures, and whether the Financial Statements represent the underlying transactions and events in a manner that achieves fair presentation.

e) Materiality is the magnitude of misstatements in the Financial Statements that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Financial Statements may be influenced- We consider quantitative material Ity and q ualitatlve factors In (I) plann Ing the scope of our audit work and In eva luati ng the results of our work; a nd (ii) to eva luate the effect of a ny identified misstatements in the Financial Statements,

f) We c?omm unrcate with those cha rged with governa noe regarding; a mong other matter^ the planned scope a nd timing of the a udi t a nd sign if ica nt aud it find ings, includi ng any sign if icant def ici entries i n internal control that we identify dun ng our aud it.

g) We also provide those changed 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 on our independence, and where applicable, related safeguards.

h) From the matters commun icated with those changed with governance, we determIre those matters that were of most significance in the a udLt of the Fi nantial Statements of the current period and are therefore the key aud it matters. We descri be these matters in ?ur auditor's report unless law or regulation precludes public disclosure a bout the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doinq so would reasonably be expected to outweigh the public interest benefits of such communication.

II. Report on Other Legal and Regulatory Requirements

1. As req ui ted by section 143 (3} of the Act, we report that;

a. we have soug ht a nd obta ined al I the information and explanations whi ch to the best of ou r knowledge and belief were necessary tor the purpose of our audit;

b. i n our opin ion proper books of account as required by law have been kept by the Compa ny so far os it a ppears from our examination of those books;

t. the Balance Sheet, 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, the aforesaid financia I statements comply with the Ind-AS specified under section 133 of the Apt, read with Rule 7 of the Companies (Accounts) Rules, 2014;

e, On the basis of written representations received from the directors as on May 30, 2024 taken on record by the Board of Directors, none of the di rectors is disqualified as on Ma rch 31,2024 from being appointed as a di rector i n terms of Section 164 (2) of the Act.

f, With respect to the adequacy of the internal financial controls with reference to financial statements of the Company and the operating effectiveness of such controls, refer to our separate Report in ’’Annexure B". Our report expresses an unmodified opinion on the adequacy and operating effectiveness of the Company’s internal financial controls with reference to financial statements.

2. 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.

a, With respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors) Ru les, 2D 14, i n our opi nion and to the best of ou r i nformation and accord ing to the expla nations given to us:

i. The Com pany has d isdosed the impact of pendi ng litigations as at March 31,2 024 on its financial position;

il. The Company did not have any long-term contracts Including derivative contracts for whrch there were any material foreseeable

lasses;

ii'i. There has been no d elay in transf erri ng a mounts, required to be transferred to the I nvestar Education and Protection Fu nd by the Company.

iv) (a) The management has represented than, to the best of it's knowledge arid belief, no funds haive been advanced or loaned or invested (either from borrowed fends Or share premiem or any other sources Or kind of funds) by the company to Or in any other person(s) or entity(ies), including foreign entities ("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 behaff of the company {"Ultimate Beneficiaries'") or provide any guarantee, security or the like on behalf of the Ultlnnate Beneficiaries;

(b) The management has represented, that, to the best of It's knowledge and belief, other than as disclosed in the notes to the accounts, no funds have been received by the company from any person{s) or entityfies), including foreign entities ("Funding Paities^J'), 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; and

(c) Based on audit procedures which we considered reasonable and appropriate in the circumstances, nothing has come to their notice that has cau sed them to believe that the representations under sub-clause (i) and [i i) contain any ma terial m is-statement.

(v) The company has not declared or paid any dividend during the year in contravention of the provisions of section 123 of the Companies Act, 2QU.

(vi) Based on our examination which included test checks, the Company has used accounting softwares for maintaining its books of accou nt, wh ich have a feature of recording audit tra II (edit log) facil Ity but the sa me has not been operated throughout the year for all relevant transactions recorded in the respective softwares;

(a) As conf i rmed by the Company, they are i n the im plem entation of new accounti ng software, wh ich would have featu re of aud it trai I embedded in the softwa re.

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 A" a statement on the matters specified in paragraphs 3 and 4 of the Order,

For SINGLA TAYAL & CO

Firm Reg, No. 00OSS2N

(Chartered Accountants)

Place: Faridabad (CA. ARPIT SI NG LA)

Date : 30-05-2024 Partner

UDlN; 245QS049BKAALH2323 M»MO: 508049