We have Audited the accompanying standalone Financial statements of Telecanor
9n??tlIimitw the Company)' which comPr'se the balance sheet as at 31 March
the statement of profit and loss and cash flow statement for the year ended
and the summery of significant accounting policies and other explanatory information.’
Management’s Responsibility on standalone financial statements
B°ard °f Directors is responsible for the matters stated in section
Ý ^°TPanieS AGt' 2013 (“the Act”> with respect to the Preparation and
presentation of the standalone financial statements that give true and view of
financial position, financial performance and cash flow of the company in accordance
ith the accountmg principles generally accepted in India, including the Accounting
standards specified under Section 133 of the Act, read with rule 7 of Company
(Accounts) rules 2014. This responsibility also includes maintenance of adequate
ccounting records in accordance with the provisions of Act for safeguarding the
. °l the c°mpany and for Preventing and detecting the frauds and other
egularities, selection and application appropriate accounting policies, making
judgements and estimates that are reasonable and prudent, and design
implementation of and maintenance adequate internal financial controls, that were
operating effectively for ensuring the accuracy and completeness of accounting
records relevant to the preparation of financial statements that give true and fair
view and 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 audit. We have taken the provisions of the Act, the accounting and
auditing standards and matters which are required to be included in the report under
the provisions of the Act and rules made there under.
We conducted our Audit in accordance with the standards on auditing soecified under
Section 143(10) of the Act. These standard require that, we.....comply, ethical
requirements and plan to perform the audit to obtain reasonable assurance about
whether the financial statements are free from material misstateme/^fiU^v
An audit involves performing procedures to obtain audit evidence about the amounts
and disclosures in the financial statements. The procedures depend on the Auditors
judgment including the assessment of risk of material misstatements in the financial
statements, whether due to fraud or error. In making those risk assessments, the
auditor consider internal financial control relevant to the companies preparation of the
financial statements that give true and fair view in order to design audit procedures
that are appropriate in circumstances. An audit also includes evaluating the
appropriateness of the accounting policies uses and reasonableness of the
accounting estimate made by company’s Directors, as well as evaluating the overall
presentation of financial statements.
We believe that the audit evidence obtained is sufficient and appropriate to provide a
basis for our audit opinion on the standalone financial statements.
Opinion
In our opinion and to the best of information and according to the explanations given
to us, the aforesaid standalone financial statements give the information required by
the Act in the manner so required 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 2025 and its cash flows for the year ended to that date.
Report on other legal and regulatory requirements
1. As required by the companies ( Auditor’s Report ) Order, 2016 ( the order )
issued by the central government of India in terms of sub section (11) of the
section 143 of the Act, we give Annexure A, a statement on the matters
specified in the paragraph 3 and 4 of the order.
2. As required by section 143 of the Act, we report that
a. We have sought and obtained all the information and explanation which is
best of our knowledge and belief were necessary for the purpose of audit.
b. In our opinion proper books of accounts as required by law have kept by
the company so far as it appears from our examination of these books.
c. The balance sheet, the statement of profit and loss and the cash flow
statement 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 accounting standards specified under section 133 of the Act, read with
rule 7 of the Companies (Accounts) Rules 2014.
(sf
i*el T• i*y» is I
e. On the basis of the written representation received from the Directors as
on 31 March 2025 taken on record by the Board of Directors, none of the
directors disqualified as on 31 March 2025 from being appointed as
director in terms of section 164 (2) of the Act.
f. With respect to the adequacy of internal financial controls over financial
reporting of the company and operating effectiveness of such controls, refer
to our separate report in Annexure B , and
g. With respect to other matters to be included in the Auditor’s report in
accordance with the rule 11 of Companies ( Audit and Auditors ) Rules,
2014, in our opinion to the best of our information according to the
explanation given to us.
1) The Company has disclosed the impact of pending litigation on its
financial position in its financial statements.
2) The company has made provision, as required under applicable law or
accounting standards for material foreseeable losses, If any
3) The company has not transferred any amount to Investor Education
and Protection fund as the company incurring continuously.
4) There has been no delay in transferring amounts, required to be
transferred, to the Investor Education and Protection Fund by the
company.
UDIN: 25014493BMGYRI5545
Place: New Delhi For K. K. Goel &Associates Chartered Accountants
Date :08.04.2025
|