38 Annexure B to the Independent Auditor’s Report Referred to in paragraph 2 under ‘Report on Other legal and regulatory requirements’ section of our report of even date. To the best of our information and explanations provided to us by the Company and the books of account and records examined by us in the normal course of audit, we state that: (i) a) In respect of Company’s Property, Plat and Equipment, Capital work-in-progress, rightof-use assets and Intangible Assets: (A) The Company has maintained proper records showing full particulars, including quantitative details and situation of Property, plant and equipment, capital work-in-progress, and relevant details of right-of-use assets (B) The Company has maintained proper records showing full particulars of intangible assets b) The Company has a program of verification of Property, plant and equipment, capital work-in-progress, and right-of-use assets so as to cover all the items in a phased manner once over a period of three years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the program, no such assets were due for physical verification during the year. Since no physical verification of property, plant and equipment was due during the year the question of reporting on material discrepancies noted on verification does not arise. c) The Company does not have any immovable properties other than properties where the Company is the lessee, and the lease agreements are duly executed in favour of the lessee and hence reporting under clause (i) (c) of the Order is not applicable. d) The Company has not revalued any of its property, plant and equipment (including rightof-use-assets) and intangible assets during the year. e) No proceedings have been initiated during the year or are pending against the Company as at March 31, 2025 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and rules made thereunder. (ii) a) The inventories were physically verified during the year by the Management at reasonable intervals. In our opinion, the coverage and procedure of such verification by the Management is appropriate having regard to the size of the Company and the nature of its operations. No discrepancies of 10% or more in the aggregate for each class of inventories were noticed on such physical verification of inventories, when compared with the books of account. b) According to the information and explanations given to us, at any point of time of the year, the Company has not been sanctioned any working capital facility from banks or financial institutions and hence reporting under clause (ii)(b) of the Order is not applicable. (iii) The Company has granted unsecured loans to any other parties during the year, in respect of which: a) The Company has provided unsecured loans during the year and details of which are given below: (` lakh) Particulars Loans A. Aggregate amount granted during the year: - Others - Employees 0.10 B. Balance outstanding as at balance sheet date in respect of the above cases: - Others - Employees 0.08 The Company has not provided any guarantee or security and advances in the nature of loans to any other entity during the year. b) The loans provided and the terms and conditions of the grant of all the above-mentioned loans, during the year are, in our opinion, prima facie not prejudicial to the Company’s interest. c) In respect of loans granted by the Company, the schedule of repayment of principal and
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