We have audited the accompanying financial statements of Interactive Financial Services Limited ("the Company”), which
comprises the Balance sheet as at March 31, 2024, the Statement of Profit and Loss (including other comprehensive
income), the Statement of changes in equity, the Cashflow Statement for the year then ended, and notes to the financial
statements, including a summary of Significant Accounting policies and other explanatory information (hereinafter referred
to as the financial statements).

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 Companies Act 2013 (^;‘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, 2024, and its profit, total comprehensive income,
the changes in equity and cash flows for the year ended on that date.

Basis for opinion

We conducted our audit in accordance with the standaids on auditing 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 Act 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 we have obtained is sufficient and appropriate to provide a basis for our opinion on the
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
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
have determined that there are no key audit matters to be communicated in our report.

Emphasis on Matter

Building & Furniture located at 603, Harekrishna Complex, Paldi, Ahmedabad, Gujarat having carrying amount of Rs. 1.58
lacs earlier upto F.Y. 2021-22 were included in Property, Plant & Equipment which were classified as Non current Asset
Held for Sale as per Note No. 9 during F.Y. 2022-23. As per Indian Accounting Standard - 105, one of condition to classify
the asset held for sale is that sale should be completed with in 12 months of classification but theie aie exceptions to that
condition and extension of period for more than 12 months is allowed. As pei written lepresentation leceived fiom the
management, there is no change in plan to sell the asset in current condition, but due to certain local regulatory constraints,
they are not able to execute the sale in given period of time. Also, as there is change in management during F.Y. 2022-23,
the documents nece>sary to execute the sale are still under process, We have received no documentary evidences regarding
condition that fulfill for extension of time beyond 12 months, but given the nature of property being immovable nature, such
scenarios are common. Except to above observation, we do not find classification of such asset held for sale to be
inappropriate or inaccurate.

Our conclusion is not modified in respect of the above matter. . [*/ Ahmedabad

IQ FR.NO.

Information other than the financial statements and auditors’ report thereon

The Company’s board of directors is responsible for the preparation of the other information. The other information
comprises the information included m the Board's Report including Annexures to Board’s Report, Business Responsibility

eport Corporate Governance report and shareholder’s information but does not include the financial statements and our
auditor s report thereon.

»nchSthw»n ^fi"^{anCial Statements does not cover the 0,her} information and we do not express any form of assurance

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doin° so
consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained
du^rmg the course of oui audit or otherwise appears to be materially misstated.

JiuirJtto"rl^he„ 77 ^Pk^e'^f0r,,led’^{we COI,Clude thaI there is a mate}™' misstatement of this other information, we are

requited to report that fact. We have nothing to report in this regard.

Management's Responsibility for the 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

|^{anCial StatementS tha}' ^{give a true and fair} view of the financial position, financial performance
in othe, ooinpiehensive income, cash flows and changes in equity of the Company in accordance with the Indian

St7nZZ^SRTm ^AS) rri^r’^{bed Under SeCl}‘^{0n 133} °^f ‘^{he ACt lead With the Com}P^a'’>« (Indian Accounting
Standaids Rules, 2015 as amended from time to time, and other accounting principles generally accepted in India. This

esfonsibihty also includes maintenance of adequate accounting records in accordance with the provisions of the Act for

andi7ionof T Company and for preventing and detecting frauds and other irregularities; selection and

.^PP cation of appiopnate accounting policies; making judgments and estimates that are reasonable and prudent and design
implementation an maintenance of adequate internal financial controls, tha. were operating effectively for insurtag S

te^L7ue^CaL^P fa^ene5S 7 ^reC°^{rdS> re}'^eVam “ ^the P^reP^arali°" ^a"^d presentation of the financial statement

that _&ive a tiue and fan 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 »oin«

^dlf°T^{& as a|};^pl,cable’ ™«ers related to going concern and using the going concern basis of accounting unless
management eithei intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The board of directors are also responsible for overseeing the Company’s financial reporting process.

Auditor’s responsibilities 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

a hT»h level ofv ira'i h‘°, ^e,T°^r’ ^ ? '^{SSUe aUdi}‘°^r'^{S rep0}" ^{,hat incUldes} °“^r “P—"- Reasonable assurance is

level of assuianee, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material

m, .ateinenr when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in U,e
statemerts ^{y r}'^;a,0“^abl>' ^be “P^{ected t0} the economic decisions of users taken on the basis of these financial

ftughomtrelldif We""" ^SAS' ^ ^{eXerdSe Pr}°^feSSi0na' ^jUd8‘”^{em a}'^{,d mai}"'^ai1’ P“"^a' ^epticism

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design

n -ovidl T r ^{p eS r}T^{nSiVe t0 lh0Se riSkS> and 0b,ain audit evidence that is} sufficient and appropriate to
piuvido a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for

^a"^{d may inV0,Ve C0}"^USi0n- ^f0r8eiy’ ^intenti0nal -representations, or the

Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate
n the circumstances. Under section I43(3)(i) of the Companies Act, 2013, we are also responsible for expressin° our

^{has adequa,e internai fina,,ciai} " *-» p- - *.

Ý d^rrr^"“^{g po,icies used and the} — — s4/^f]

2 FR.N0. L
\5A 123452W JJgj

Conclude on the appropriateness of management’s use of the on

evidence obtained, whether a material uncertainty exists relatedC^T*™ r •°^{f aCC0Untin}* ^and’ »^a«d on the audit
the company’s ability to continue as a going concern If we !„ a n ^{Cond,t,ons tha}> may cast significant doubt on

Ptobable fhat t^c^'t^^^na^ytow;:^T ^{indiVidUally 0r in} ww makes i,

We communicate with those charged with governs,, -e re r
-^{nd sisnifiMM a,,dit}

regarding^independence^mtd^o ^ommunica^wit^thein'an^elatb^di^ T ^C°^{mplied with releva}"‘ ethical requirements
to bear on our independence, and where applicable relate•) « f- !"^pS and other matfers that may reasonably be thought
wit governance, we determine those matters that were of nwTshnT ^ ^communicated with those charged

current period and are therefore the key audit matt We H ' ^ ^3Udit °^{f the} statements of the

^ -n precludes pubiic disclosure abL th ^ “ ^a“^d'^ -port unless law ^ .

sh.uld not be communicated in our report because the adver ' ^Iy rare circumstances, we determine that a matter
outweigh the public interest benefits ot'such "^SeqUenCeS °^f ^ ^S° ^woald reasonably be exp"

Report on Other Legal and Regulatory Requirements

“ * - Centra, Oovernmen, of ,udia in
specified in paragraphs 3 and 4 of the Order. ' ^{We g}'^{Ve Annexure} “A” a statement on the matters

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

necessary for the purpose of™!' audit"*""⁸'¹⁰¹¹ ^ ^eXplanations’ ^{which t0} 'he best of our knowledge and belief were
examination of the book_s^mPany ^ ^ ^P'°^{Per b}°°^kS °^{f aCC0llnt as} ''^uirad by law, so far as appears from our

of the Act read wifttuk7^“8 ^S,andarda specified under section ,33

of Directors nonl'XX'cTsTdS _f^{March 3I}’ ²⁰²4 taken on record by the Board

section 164 (2) of the Companies Act, 2013. ’ ²°²⁴’ ^{from be,n}« appointed as a director in terms of

operating effectiveness of ^L^X^ToTur'sepat^, °^Ve'_t ^fin^^a' ^{rep0lting of the C}°"W and the

r:““X“ - - —r - —, -ms:szzz

¹⁹⁷ (16) of the Act, as am^Tn StT* tf’°" !ⁿf^aCCOrdanc* ^{with the} requirements ofaartg^' ’

s^ejzr^{paid by ,he con w ,o its di}—^_h°~_sr^s

(Q PR _wn “ )

(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 ^r

(i) The company does not have any pending litigations which would impact its financial position.

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

^(l"^> Company ^e "° ^am°^{UmS Which Were re£}1^{uired t0 bc} transferred to the Investor Education and Protection Fund by the

(iv) (a) The Management has represented, that, to the best of its knowledge and belief, no funds (which are material either
ndividtially 01 in the aggregate) have been advanced or loaned or invested (either from borrowed funds or share
pieimum oi any other sources or kind of funds) by the company to or in any other person or entity, including foreion
i ies (Intei mediates ), with the understanding, wl,ether recorded in writing or otherwise, that the Company shah
whether, dnealy oi indirectly, lend or invest m other persons or entities identified in any manner whatsoever by or on

uCS ⁽"^Ult'^{mate BenefiCiarieS}”> ^{0r a}"^y «*»% or the like on behalf of the

(b) The Management has represented, that, to the best of its knowledge and belief, no funds (which are material either
individually or ,n the aggregate) have been received by the company from any person(s) or entity(ies), including
oie.gn 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 fdentified in any manna

T-T m °/,°ⁿ, n °^{f FUnding Pa}'^{1y (}“^Uitima,e Beneficiaries”) or provide any guarantee, security or the
like on behalf of the Ultimate Beneficiaries; and

(c) Based on such audit procedures that have been considered reasonable and appropriate in the circumstances, nothing
as come to our notice that has caused us to believe that the representations under sub-clause (i) and (ii) of Rule 11 (e)

as piovided under (a) and (b) above, contain any material misstatement.

^(V> °' ^{Paid a}"^{y diVide}"^{d dUr}'^{ng thS >ear} ‘^{n COntravention of the} Provisions of section 123 of

(Vi) Proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014 for maintaining books of account using accounting

2023h ³ T °! ^{reCOrding audit tiaii (edit log) facility is a}PP'^{icable t0 tlle} company with effect from
P ’ ²r_u^3, ,^We,^ver’ ^{Bascd 011 our} examination, the company, has used an accounting software Tally Prime which
is opeialed by a third party software service provider, for maintaining its books of account and in absence of audit trail

hm Jr ^are 7 7° ,^{COmmem Whether a,,dit trail feature of the said} software was enabled and operated

a ,di ?aTf ,^e T ³ ;^an'^{transacti0ns l ecorded in ,he} software °^r whether there were any instances of the

audit tiail feature been tampered with.

Rule" lwTof ther^⁰ °^{f the}r?⁰T^Panif ^(ACC°^{UntS) RLlleS}’ ^{2014 is a}PP^{licable from A}P^ril U 2023, reporting under
Rule 11 ( ) of the Companies (Audit and Auditors) Rules, 2014 on preservation of audit trail as per the statutory

i equipments for record retention is not applicable for the financial year ended March 31, 2024.

For, B. T. VORA & CO.

Chartered Accountants

xf”'nT'-T^x ^Fir,n Registration No. 123652W

• /*/ Ahmedabad\* \ ^ fly '

s( ^FR;N0. L

\ 123652W J*

P, .. , _L X c. A. SHETH

Place : Ahmedabad

.. ^ __ , „ ^-- Partner

Date : 29th May, 2024 ,

^y Membership No.180506

UDIN : 24180506BKHAFL9580