We have audited the accompanying financial statements of MANSI FINANCE
(CHENNAI) LIMITED ('the Company' ) which comprises the balance sheet
as at 31st March 2024, the statement of Profit & Loss Account, Statement of
Changes in Equity and the Cash Flow statement 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 the Companies Act, 2013 (the Act) in the manner so required
and give a true and fair view in conformity with the accounting principles
generally accepted in India, of the state of affairs of the Company as at March
31, 2024, and profit/loss, changes in equity and its cash flow 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 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 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 obtained
by us is sufficient and appropriate to provide a basis for our opinion on the
financial statements.

Key Audit Matter

Key Audit Matters are those matters that, in our professional judgement, were
of most significant 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 determine in accordance with
Para 10 of SA 701 that there were no key audit matters that require significant
attention of Auditor.

Information other than Financial Statement and Auditor's Report
thereon

The Company's Board of Directors is responsible for the other information. The
other information comprises Board's Report, Report on Corporate governance
and 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 standalone 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.

Responsibility of Management and those charged with the governance
for the Standalone Financial Statements

The Company's Board of Directors is reponsible for the matters stated in section
134 (5) of the Companies Act,2013 ("the act") with respect to the preparation
of these 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 relevant
rules issued thereunder. 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 accouting
policies; making judgements 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.

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 intends to liquidate the Company or to cease
operations, or has no realistic alternative but to do so.

Those Board of Directors is also responsible for overseeing the company's
financial reporting process.

Auditor's Responsibility for the Audit of the Financial Statements

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

A further description of the auditor's responsibilities for the audit of the
standalone financial statements is included in Annexure A. This desciption forms
part of our auditor's report.

Report on other legal & regulatory requirements

1. As required by the Companies (Auditor's Report) order, 2020 issued by
the Central Government of India in terms of sub section (11) of section
143 of the Companies Act, 2013, We annexed hereto (Annexure B) a
statement on the matters specified in paragraphs 3 & 4 of the said order,
to the extent applicable.

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

(a) We have sought and obtained all the information and explanation
which, to the best of our knowledge and belief were necessary for
the purpose 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 such books.

(c) The Company has no branches during the year, hence Section 143(8)
of Companies Act 2013 is not applicable.

(d) The Balance Sheet, Statement of Profit & Loss including other
comprehensive income, statement of changes in equity and Cash
Flow Statement dealt with by this report are in agreement with the
books of account of the Company.

(e) In our opinion, the aforesaid financial statements comply with the
Accounting Standards specified under Section 133 of the Act.

(f) On the basis of the written representations received from the directors
as on March 31, 2024, taken on record by the Board of Directors,

none of the directors is disqualified as on March 31, 2024 from
being appointed as a director in terms of section 164 (2) of the Act.

(g) 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 in "Annexure C". Our
report expresses an unmodified opinion on the adequacy and
operating effectiveness of the Company's internal financial controls
over financial reporting.

(h) 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) Rules, 2014, in our opinion and to the best of our
information and according to the explanations given to us:

(i) The Company has disclosed the impact of pending litigations
on its financial position in its financial statements - Refer Note
to the financial statements.

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

(iii) There were no amounts which required to be transferred by
the Company to the Investor Education and Protection Fund.

(iv) The management has represented that, to the best of its
knowledge and belief, other than as disclosed in the notes to
the accounts,

i. no funds 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(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 behalf of the company 'Ultimate
Beneficiaries' or provide any guarantee, security or the like
on behalf of the Ultimate Beneficiaries; and

ii. no funds have been received by the company from any
person(s) or entity(ies), including foreign entities '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.

iii. Based on audit procedures carried out by us, that we have
considered reasonable and appropriate in the circumstances,
nothing has come to our notice that has caused us believe
that the representations under sub-clause (i) and (ii) contain
any material misstatement.

(v) The Company has not declared or paid any dividends during
the year and accordingly reporting on the compliance with
section 123 of the Companies Act, 2013 is not applicable for
the year under consideration.

(vi) With respect to the matter to be included in the auditor's report
under 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.

(vii) Based on our examination, which included test checks, the
Company has used accounting software for maintaning books
of accounts for the financial year ended 31-03-2024 which has
a feature of recording audit trail (edit log) facility and the same
has been enabled and operated from 31st May 2023 for all
relevant transactions recorded in the software. Further, during
the course of audit we did not come across any instance of the
audit trail feature being tampered with.

As proviso to Rule 3(1) of the Companies (Accounts) Rules,
2014 is applicable from April 01, 2023, reporting under Rule
11(g) of the Companies (Audit and Auditors) Rules,2014 on
preservation of audit trail as per the statutory requirements for
record retention for financial year 2023-24 is commenced from
April 01, 2024, hence not applicable for the financial year ended
March 31, 2024.

For SIROHIA & CO.

Chartered Accountants
ICAI Firm Registration No.003875S

PLACE : Chennai ^{Vinod Kumar}

DATE : 29-05-2024 , , ^P,^artner _ _%

UDIN :24207094BKDAUX8154 ^{(Membership N}°.^207094)