We have audited the accompanying Ind AS
standalone financial statements of M/s Aion-
Tech Solutions Limited (formerly Known as
Goldstone Technologies Limited(“the
Company”), which comprise the Balance Sheet
as at March 31,2025,the Statement of Profit
and Loss (including Other Comprehensive
Income), the Statement of Changes in Equity and
the Statement of Cash Flows for the year ended,
and notes to Standalone Ind AS Financial
Statements, including a summary of Significant
Accounting policies and other explanatory
information(hereinafter referred to as the
“Standalone Ind AS Financial Statements”).

In our opinion and to the best of our information
and according to the explanations given to us,
the aforesaid standalone Ind AS 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,its profit including other comprehensive
income, changes in equity and its cash flows for
the year ended 31^st March 2025.

Basis for Opinion

We conducted our audit of the standalone Ind
AS financial statements in accordance with the
Standards on Auditing specified under section
143(10) of the Act (SAs). Our responsibilities
under those Standards are further described in
the Auditor's Responsibilities for the Audit of the
Standalone Ind AS 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(ICAI) together with the ethical
requirements that are relevant to our audit of
the standalone Ind AS financial statements
under the provisions of the Act and the Rules
made there under, and we have fulfilled our
other ethical responsibilities in accordance with
these requirements and the ICAI's Code of Ethics.
We believe that the audit evidence we have
obtained is sufficient and appropriate to
provide a basis for our audit opinion on the
standalone Ind AS financial statements.

Key Audit Matters

Key audit matters are those matters that, in our
professional judgment, were of most
significance in our audit of the Standalone Ind
AS 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.

Depending on the facts and circumstances of the
entity and the Audit, we have determined the
matters described below to be the key audit
matters to be communicated in our report.

Information Other than the Standalone Ind AS
financial statements and Auditor's Report
Thereon

The Company's Board of Directors is
responsible for the preparation of the other
information. The other information comprises the
information included in the Annual Report, but
does not include the standalone Ind AS financial
statements and our auditor's report thereon.

Our opinion on the standalone Ind AS 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 Ind AS 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.

Responsibilities of Management and Those
charged with Governance for the Standalone
Ind AS financial statements

The Company's Board of Directors is responsible
for the matters stated in section 134(5) of the
Act with respect to the preparation of these
standalone Ind AS financial statements that
give a true and fair view of the financial
position, financial performance including other
comprehensive income, changes in equity and
cash flows of the Company in accordance
with the Indian Accounting Standards(Ind AS)
Specified under section 133 of the Act read with
the Companies (Indian Accounting
Standards)Rules, 2015, as amended and other
accounting principles generally accepted in
India. 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 standalone financial
statements that give a true and fair view and
are free from material misstatement, whether
due to fraud or error.

In preparing the standalone Ind AS 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.

The Board of Directors are responsible for
overseeing the Company's financial reporting
process.

Auditor's Responsibilities for the Audit of the
Standalone Ind AS financial statements

Our objectives are to obtain reasonable
assurance about whether the standalone Ind AS
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 Ind AS 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 Ind AS
financial statements, whether due to
fraudor error, design and perform audit
procedures responsive to those risks, and
obtain audit evidence that is
sufficientand 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 controls 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
adequate internal financial controls
system 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
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 Ind
AS 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
Ind AS financial statements, including
the disclosures, and whether the
standalone Ind AS financial statements
represent the underlying transactions
and events in a manner that achieves
fair presentation.

Materiality is the magnitude of
misstatements in the standalone Ind AS
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 materiality and
qualitative factors in (i) planning the
scope of our audit work and in
evaluating the results of our work; and
(ii) to evaluate the effect of any
identified misstatements in the 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, includingany significant
deficiencies ininternal 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 Ind AS 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 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.

2. As required by Section 143(3) of the Act,
based on our audit we repor tthat:

a) We have sought and obtained all the
information and explanations which to
the best o four 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, Statement of
Changes in Equity and the Statement
of Cash Flow dealt with by this Report
are in agreement with the relevant
books of account.

d) In our opinion, the aforesaid

Standalone Ind AS financial
statements comply with the Indian
Accounting Standards specified
under Section 133 of the Act, read
with Companies (Indian Accounting
Standards) Rules, 2015, as amended;

e) On the basis of the written
representations received from the
directors as on March 31,2025taken
on record by the Board of Directors,
none of the directors is disqualified as
on March 31, 2025from 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 over
financial reporting 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 over
financial reporting.

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 according to the
information and explanation 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

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 tous:

i. The Company does not have
pending litigations which
would impact on its financial
position in its standalone Ind AS
financial statements.

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

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

iv. 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
persons or entities, including
f o r e i g n e n t i t i e s
(“Intermediaries”), with the
understand ing, whether
recorded in writing or
o t h e r w i s e , t h a t t h e
Intermediary shall, directly or
indirectly lend or invest in other
persons or entities identified in
any manner whatsoever
(“Ultimate Beneficiaries”) by or
on behalf of the Company or
provide any guarantee,
security or the like on behalf of
the Ultimate Beneficiaries

v. T h e M a n a g e m e n t h a s
represented that, to the best of
its knowledge and belief, no
funds have been received by

vii. The company has not declared
or paid any dividend during
the year.

viii. The Company has used such
accounting software for
maintaining its books of
account which has a feature of
recording audit trail (edit log)
facility and the same has been
operated throughout the year
for all transactions recorded in
the software and the audit trail
feature has not been tampered
with and the audit trail has
been preserved by the
company as per the statutory
requirements for record
retention.

For P. Murali & Co.,
Chartered Accountants
FRN:007257S

Mukund Vijayrao Joshi

Partner
M.No: 024784
UDIN: 25024784BMIXVF1734
Place: Hyderabad
Date: 29.05.2025