We have audited the accompanying standalone Financial statements of Cybefe Industries Limned('the Company ), whith comprise tile balance sheet as ai 31 March 2024 Ihe statement of profit and loss and the cash flew statement for the year then ended and e summary oi significant accounting policies and cl her explanatory mrormetidn

Management's Responsibility for the Standalone Financial Statements

The Company’s Board ot Directors is responsible for the matters stated m Section 134(5) of the Companies Act 2013 ithe Act i wrth respect to the prep ai at mn o! these stand alone financial statements that give a true and fair view of the financial position finance! performance and cash Hows of the Company in accordance with (he accounting principles generally accepted m fnoia including the Accounting Standards specified under Section 133 of the Act, read wrth Rute 7 of the Companies (Accounts) Rules, 2014 This responsibility also includes maintenance of adequate accounting records irs accordance with the previsions of the Act fur 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 [he accounting records, relevant to the preparation and presentation of the Financial statements that give a true and Tair view and are free from material misstatement, whether due to Fraud or error

Auditor's Responsibility

Our responsibility IS to express an opinion on these standalone financial statements based on our audrt

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 Pules made thereunder.

We conducted our audrt in accordance with the Standards on Audrting specified under Section 143i 1Q) ?1 the Ad Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether

the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about Tht- amounts and Tht- disclosures in the financial statements The procedures selected depend on the auditor's judgment including the assessment of the risks of material misstalement of the financial statements, whether d ue to fraud or error tn making those risk assessments, the auditor considers internal financial control relevant to the Companys preparation of the financial statements that give a true and fan view m order to design audit procedures thai are appropriate in trie Circumstances but not fot the purpose of expressing an opinion on whether the Company has in place an adequate internal financial controls system over financial reporting and the operating effectiveness of such controls. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness at the accounting estimates made by the Company s Directors as well as evaluating the overall presentation or the financial statements.

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

Opinion

tn our opinion and to the besl ot our information and according to (he explanations given to us, the aforesaid standalone financial statements give the information required by the Act in the manner so requited 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 31 March 2024 and ns Profit and its cash tiows for the year ended on that date

Report on Other Legal and Regulatory Requirements

1 As required by the Companies (Auditor's Report i Order 2015 [The Order'"i issued by the Central Government pf India m terms of sub-section [11 j of suction 143 oft he Act, we give in the Annexure. a statement on the matters specified in the paragraph 3 and 4 of the Order, to the extent applicable

2 As required by Section 143 (3) at the Act. we report that.

131 We have sought and obtained all the information and explanations which to The best of our knowledge and toetref were necessary for the purposes a? our audrt.

fb) In our opinion proper books of account as required by law have been kept by the Company sc far as it appears from our examination of Those books

i Ý:) The balance sheet, the statement of profit and loss and the cash flow statement deall with by this Report are in agreement with the books of account.

Id) In our opinion, the aforesaid si an da tone financial statements comply wilh the Accounting Standards specified under Section 133 of the Act read with Rule 7 of the Companies (Accounts) Rules 2014

(e) On the basis of the written representations received from the directors as on 31 March 2024 taken on racord by the Board of Directors none of the directors is disqualified as on 31 March 2034 from being appointed as a direcTor m lernrs of Section 164 (2 ( of the Act

(f) With respect lolhe adequacy ofthB internal financial controls over financial reporting of (he company Hie operating effectiveness o( such controls, refer to our separate Report m "Annexur" ti

(g) With respect the other matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors} Rules 2014 m our opinion and to the best of our information and according to the explanations given to us

i The company does not have pending litigations on its financial position In its financial statements

ii The company dm not have ary longterm contracts including derivative contracts far which there were any material foreseeable losses and

in There are no amounts required to be transferred, to the investor Education and Protection Fund by the Company

For Karpagam Knslm.111 and Natarajuri

CiiaitercU Accountants Firm Rerj Nn .DOT 7405

CA.S.Srikanth

Date: 2£ 05.2024 Partner

P lace: Chennai MemberaJiip No.020508

U Dl N .24O2E500BKC PNS 3060