We have audited the accompanying standalone financial statements of GLOBE MULTI VENTURES LIMITED
(Formerly: Globe Commercials limited) ("the Company"), which comprise the Balance Sheet as of March
31 2025 the Statement of Profit and Loss (including Other Comprehensive Income), the Cash Flow
Statement, and the Statement of Changes in Equity for the year then 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 standalone financial statements give the information required by the Companies Act, 2013 "the

Act") 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 Standards)

Rules, 2015, as amended, ("Ind AS") and other accounting principles generally accepted in India, of the
state of affairs of the Company as at March 31, 2025, and its profit, total comprehensive income, its cash
flows and the changes in equity for the year ended on that date.

Basis for Opinion -

we conducted our audit of the standalone financial statements in accordance with the Standards on

responsibilities under those Standards are

further described in Auditor s Responsibility 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

to our audit of the standalone of india (ICAI) together with the ethical requirements that are relevant

to our audit of the standalone financial statements under the provisions of the Act and the Rules made

thereunder , and we have fulfilled our other ethical responsibilities ICAI Code of Ethics. we believe that the audit evidence obtained by us is sufficient dance with these requirement!

and the ICAI s Code of Ethics. We believe that the audit evidence obtained by us is sufficient and

appropriate to provide a basis for our audit opinion on the standalone financial statements.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of the 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 these matters. We have determined the matters
described below to be the key audit matters to be communicated in our report.

The Company s Board of Directors is responsible for the other information. The other information
comprises the information included in the Report of the Directors and Management Discussion & Analysis
but does not include the consolidated financial statements, standalone financial statements, and our
auditor's report thereon.

Our opinion on the standalone 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 standalone 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 fraud or error. In preparing
the standalone financial statements, management is responsible for assessing the Company's ability to
continue as a going concern, disclosing, as applicable, matters related to going concerned 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 Company's Board of Directors is also responsible for overseeing the Company's financial reporting
process.

Auditor's Responsibility for the Audit of the Standalone Financial Statements

Our objectives are to obtain reasonable assurance about whether the standalone 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 standalone financial statements.

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

• Identify and assess the risks of material misstatement of the standalone financial statements

whether due to fraud or error, design and perform audit procedures responsive to those risks!
and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The
risk of not detecting a material misstatement resulting from fraud is higher than for one resulting
from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or
the override of internal control. ' ^•

Obtain an understanding of internal financial control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are
also responsible for expressing our opinion on whether the Company has an adequate internal
financial controls system with reference to standalone financial statements 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 the management.

• Conclude on the appropriateness of management's use of the going concern basis of accounting
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 a
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 standalone financial statements or, if such
disclosures are inadequate, 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 conditions may cause the Company to cease to continue as a going
concern.

• Evaluate the overall presentation, structure, and content of the standalone financial statements,
including the disclosures, and whether the standalone financial statements represent the
underlying transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the standalone financial statements that, individually or
in the aggregate, make it probable that the economic decisions of a reasonably knowledgeable user of
the standalone financial statements may be influenced. We consider quantitative materiality and
qualitative factors in (i) planning the scope of our audit work in evaluating the results of our work, and (ii)
evaluating the effect of any identified misstatements in the standalone financial statements.

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

From the matters communicated with those charged with governance, we determine those matters that
were of most significance in the audit of the standalone financial statements of the current period and
are therefore the key audit matters. We describe these matters in our auditor's report unless law or
regulation precludes public disclosure about 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 doing so would reasonably be expected to outweigh the public interest benefits of such
communication.

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 including Other Comprehensive
Income, the Cash Flow Statement, and the Statement of Changes in Equity dealt with by
this Report are in agreement with the books of account.

D. In our opinion, the aforesaid standalone financial statements comply with the Ind AS
specified under Section 133 of the Act.

E. On the basis of the written representations received from the directors as of March 31,
2025, taken on record by the Board of Directors, none of the directors is disqualified as
of 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 with reference to
standalone financial statements of the Company and 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 with reference to standalone financial statements.

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/provided 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 the 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 explanations given to us:

a. The Company does not have any pending litigations which effects its financial position
in its standalone financial statements.

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

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

i. The Management has represented that, to the best of its knowledge and belief,
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, 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.

ii. The Management has represented, that, to the best of its knowledge and belief,
no funds have been received by the Company from any person(s) or entity(ies),
including foreign entities.

iii. Based on the audit procedures performed 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 subclause (i) and (ii) of Rule
11(e), as provided under (a) and (b) above, contain any material misstatement.

iv. The Company has not declared any dividend during the year and there is no
pending dividend payable that are declared in the previous year in accordance
with Section 123 of the Act, as applicable.

Equity, the Board of Directors of the Company

Annual General Meeting. The dividend proposed is in accordance with section 123 of the Act, as
applicable. Section

Proviso to Rule 3(1) of the Companies (Accounts) Rules 2014 for maintaining' books of account using
accounting software which has a feature of recording- 2014 maintaining books of account using

Company w.e.f. April 1 2024 audit trail (edit log) facility is applicable to the

as required the companies (audit 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 order

For SMV & CO
Chartered Accountants
FRN.-015630S

CA R VAMSI KRISHNA
Proprietor
M. No.229292

UDIN: 25229292BMIGAW5514

Place: Hyderabad
Date: 29.05.2025