ఆడిటర్ నివేదిక Divine Hira Jewellers Ltd.

1. We have audited the accompanying financial
statements of DIVINE HIRA JEWELLERS LIMITED (‘the
Company''), which comprise the Balance Sheet as at
31 March 2026, the Statement of Profit and Loss, the
Statement of Cash Flow and for the year ended, and
notes to the financial statements, including a summary
of the significant accounting policies and other
explanatory information.

2. 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 (‘the Act'') in the manner so
required and give a true and fair view in conformity with
the accounting principles generally accepted in India
including Accounting Standards specified under section
133 of the Act, of the state of affairs of the Company
as at 31 March 2026, and its profit, its cash flows for the
year ended on that date.

Basis for Opinion

3. We conducted our audit in accordance with the
Standards on Auditing specified under section 143(10)
of the Act. 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 (‘ICAO
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.

Key Audit Matter

4. 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.

Information other than the Financial
Statements and Auditor’s Report thereon

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

Our opinion on the 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 financial statements,
our responsibility is to read the other information. and,
in doing so, consider whether the other information is
materially inconsistent with the financial statements
or our knowledge obtained in the 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 for the
Financial Statements

5. The accompanying financial statements have been
approved by the Company''s Board of Directors. The
Company''s Board of Directors are responsible for the
matters stated in section 134(5) of the Act with respect
to the preparation and presentation of these financial
statements that give a true and fair view of the financial
position, financial performance and cash flows of the
Company in accordance with the accounting standards
specified under section 133 of the Act 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 of 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 financial statements that give a true
and fair view and are free from material misstatement,
whether due to fraud or error.

6. In preparing the financial statements, the Board of
Directors are 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 the Board
of Directors either intend to liquidate the Company or
to cease operations, or has no realistic alternative but
to do so.

7. Those Board of Directors are also responsible for
overseeing the Company''s financial reporting process.

Auditor’s Responsibilities for the Audit of
the Financial Statements

8. Our objectives are to obtain reasonable assurance
about whether the 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 Standards on
Auditing 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 financial statements.

9. As part of an audit in accordance with Standards
on Auditing, specified under section 143(10) of the
Act we exercise professional judgment and maintain
professional skepticism throughout the audit. We also:

• Identify and assess the risks of material
misstatement of the financial statements, whether
due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain
audit evidence that is sufficient and 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 controi;

• Obtain an understanding of internal control
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 with reference to financial
statements 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 Board of
Directors'' 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 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 financial statements, including the
disclosures, and whether the financial statements
represent the underlying transactions and events in
a manner that achieves fair presentation;

10. We communicate with Board of Directors regarding,
among other matters, the planned scope and timing
of the audit and significant audit findings, including
any significant deficiencies in internal control that we
identify during our audit.

Report on Other Legal and Regulatory
Requirements

As required by section 197(16) of the Act based on
our audit, we report that the Company has paid
remuneration to its directors during the year in
accordance with the provisions of and limits laid down
under section 197 read with Schedule V to the Act.

11. As required by the Companies (Auditor''s Report) Order,
2020 (‘the Order'') issued by the Central Government
of India in terms of section 143(11) of the Act we
give in the Annexure A a statement on the matters
specified in paragraphs 3 and 4 of the Order, to the
extent applicable.

12. Further to our comments in Annexure A, as required by
section 143(3) of the Act based on our audit, we report,
to the extent applicable, that:

a) We have sought and obtained all the information
and explanations which to the best of our
knowledge and belief were necessary for the
purpose of our audit of the accompanying
financial statements;

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 financial statements dealt with by this report
are in agreement with the books of account;

d) in our opinion, the aforesaid financial statements
comply with Accounting Standards specified under
section 133 of the Act;

e) On the basis of the written representations
received from the directors and taken on record
by the Board of Directors, none of the directors
is disqualified as on 31 March 2026 from 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 with reference to financial
statements of the Company as on 31 March 2026
and the operating effectiveness of such controls,
refer to our separate Report in Annexure B wherein
we have expressed an unmodified opinion;

g) 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 to us:

i. the Company does not have any pending
litigation which would impact its financial
position as at 31 March 2026;

ii. the Company did not have any long-term
contracts including derivative contracts for
which there were any material foreseeable
losses as at 31 March 2026;

iii. There were no amounts which were required
to be transferred to the Investor Education
and Protection Fund by the Company during
the year ended 31 March 2026.

a. 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
securities premium or any other sources
or kind of funds) by the Company to or
in any person or entity, including foreign
entities (‘the intermediaries''), with the
understanding, whether recorded
in writing or otherwise, that the
intermediary shall, whether, directly or
indirectly lend or invest in other persons
or entities identified in any manner
whatsoever by or on behalf of the

Company (‘the Ultimate Beneficiaries'')
or provide any guarantee, security or the
like on behalf the Ultimate Beneficiaries;

b. The management has represented
that, to the best of its knowledge and
belief, no funds have been received
by the Company from any person
or entity, including foreign entities
(‘the 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
identified in any manner whatsoever
by or on behalf of the Funding Party
(‘Ultimate Beneficiaries'') or provide any
guarantee, security or the like on behalf
of the Ultimate Beneficiaries; and

c. Based on such audit procedures
performed as considered reasonable
and appropriate in the circumstances,
nothing has come to our notice that
has caused us to believe that the
management representations under
sub-clauses (a) and (b) above contain
any material misstatement.

v. The Company has not declared or paid
any dividend during the year ended 31
March 2026.

iv. Based on our examination which included
test checks, the company had used an
accounting software for maintaining its
books of accounts which has a feature of
recording audit trial (edit log) facility and the
same has operated throughout the period
for all relevant transactions. recorded in the
software. Furthermore, during the course of
our audit, we did not encounter any instances
of the audit trial feature being tampered with.

For M/s Muchhal & Gupta

Chartered Accountants

Firm''s Registration No.: 004423C

Prateek Agrawal

Partner

Membership No.: 142513

UDIN:26142513QFQCEI6462

Date: 08-05-2026

DIVINE HIRA JEWELLERS LIMITED Report on the Audit of the Financial Statements

Opinion

1.    We have audited the accompanying financial statements cf DIVINE HIRA JEWELLERS LIMITED (’the Company’), which comprise the Balance Sheet as at 31 March 2025, the Statement of Profit and Loss, the Statement of Cash F ow and or the period then ended, and notes to the financial statements, including a summary of the sign'ficant accounting policies and ctner explanatory information.

2.    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 (*the Act’) in the manner so reauired and give a true and fair view in conformity with the accounting principles generally accepted in India including Accounting Standards specified under section 133 of the Act, of the state of affairs of the Company as at 3' March 2025. and its profit, its cash flows for the oeriod ended on that date.

Basis for Opinion

3.    Wo conducted our aucit in accordance with the Standa'cs on Auditing specimen under section 143(10) of the Act. Our responsibilities under those standards are further described in tne Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent cf tne Compary in accordance with the Ccce of Ethics ^:ssued by the Institute of Chartered Accountants of Incia ('ICAI') together with the ethical requirements that arc relevant to our a jdit of the financial statements under the provisions of the Act and the rules thereunder, er.d we hove fulfilled our other cthica responsibilities In accordance with those requirements and the Code of Ethics. We bel’eve that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matter

4.    Key audit matters are those matters that, r our professional judgment, were of most significance in our audit of the financial statements of the current period. Ihese 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 sensrate opinion on these matters.

Information other than the Financial Statements and Auditor’s Report thereon

The Company's Board of Directors are responsible for the other rfo^rmation. The other information comprises the information included in the Annual Report, but does not includethe financial statements and our auditor's report the^reon.

Our opinion on the financial statements does not cove' the ctner information and we do not express any form of assurance conclusion thereon.

In connection with our aud^:t of the financial statements, cur responsibility is to read the other information and, in doing so. consider whether the other information is materia ly inconsistent with the financ'al statements or our knowledge ootained in the audit or otherwise appears to be materially misstated. If, based on the wo'k we have performed, we conclude that there is a material misstatement of this other information, we are required to report tnat ¦‘act. We have nothing to report in this regard.

Responsibilities of Management for the Financial Statements

5.    The accompanying financial statements nave been aoprovec by the Company's Boaro of Directors. The Company's Board of Directors are responsible for the matters stated in sectipn 134(5) of the Act with respect to tne preparation and presentation of these financial statements That give a True and fair view of The financial position, financial performance and cash flows of the Company in accordance with the accounting standards specified uncer section 133 cf the Ac: anc other accounting principles generally accepted in India. This responsibility also includes maintenance of adequate accounting records n accordance with the provisions of the Act for safeguarding of the assets of the Company anc fer preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reascnaole and prudent; and design, implementation and maintenance of adequate internal financial controls, tnat were ooerating effectively fo' ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, wnether due to fraud or error.

6.    In preparing the financial statements, the Goarc cf Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matte's related to going concern and using the going concern basis of accounting unless the Board of Directors either intend to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

7.    Those 8oard of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Financial Statements

8.    Our objectives are to obtain reasonab e assurance about whether the financia statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report teat includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an aud't conducted in accordance with Stancards on Auditing will always detect a material misstatement when it exists. Misstatements can ar se from fraud or error and are considered material if. individually or in the aggregate, they could reasonaoly be expected to influence the economic decisions of use's taken on the basis of these financial statements.

9.    As part of an audit in accordance with Standards on Aud ting, specified under section 143(10) of the Act we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

•    Identify and assess the risks of material misstatement of tne financia statements, whetner due tc fraud or error, design and perform audit procedures responsive to those risks, and obtain a jdit evidence that is sufficient and appropriate to prov'de a basis for our opinion. I he risk of not detecting a mater al misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional emissions, misrepresentations, or the overr de of internal control;

•    Obtain an understanding of interna control 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 express rg our opinion on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls;

•    Evaluate the appropriateness cf accounting po icies used and the reasonab eness of accounting estimates and related disclosures made by management;

•    Conclude or the appropriateness of Board of Directors' use of tne going concern oasis of accounting and. based on the audit evidence obtaineo. whether a material uncertainty exists related to everts or conditions tnat may cast s^rgnificent doubt on the Company’s ability to continue as a going concern, f we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related oisclosu-es in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evicerce obtained up to the date of our auditor's reoort. 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 financial statements, including the disclosures, and whether the financial statements represent The underlying transactions ano events in a manner that achieves fair presentation;

10.    We communicate with Uca'd of Directors regarding, among other matters, the plannee scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify curing our audit.

Report on Other Legal and Regulatory Requirements

As required by section 19/(16) of the Act based on our audit, we reoort that the Company has paid remuneration to tsd^:rectors during the period in accordance with the provisions of and limits la d down under section 19/ read with Schedule V to the Act.

11.    As required by the Companies (Auditor's Report) Oder, 2020 ('the Order’) issued by the Central Government of Indie in terms of section 143(11) of the Act we give in the Annexure A a statement on the matters specified in paragraphs 3 and 4 of the Order, to the extent applicable.

12.    Turther to our comments in Annexure A. as requirec by section *43(3) of the Act based or our audit, we report, to the extent applicable, that:

a) We hBve sought and obtained all the information and explanations which to the nest of our knowledge and belief were necessary for the purpose of our audit of the accompanying financial statements;

b) ln our opinion, proper books of account as required by law have been kept by tne Company so far as it appears from our examination of those books;

c) The financial statements dealt with oythis report are in agreement withthe boo-

d) ln our opinion, the aforesaid financial statements comply with Accounting Stancards specified under section 133 of the Act;

e) On the basis of the written representations received from the cirectors and taken on record by the Board of Directors, none of the directors is disqualified as on 31 March 2025 from being appointed as a director !r terms of section 164(2) of the Act;

f) With respect to the adequacy of the internal financ'al controls with reference to financial statements of the Company as on 31 March 2025 and the operating effectiveness of such controls, refer to our seoarate Report in Annexure 3 wherein we have expressed anunmodified opinion;

g) With respect to the other matters to be included in tne Aucltor’s Report in accordance with rule 11 of the Comoanies (Audit and Auditors) Rules. 2021 (as amended), ir our opinion and tothe best o* our information and according tc the explanations given to us:

i. The Company does not have ary pending litigation which woulc impact its financial position as at 31 March 2025:

ii.    The Company did not have any long-te'm contracts inducing derivat've contracts for which there we^re any materia! foreseeable losses as at 31 March 2025;

iii.    There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company during the period ended 31 March 2025

iv.    (a)The management has represented that, to the best of its Knowledge and belief, no "unds have been advanced or loaned or invested (either from borrowed funds o' securities premium or any other sources or kind of f jnds) by the Company to or in any person or entity, including foreign entities ('the intermediar'es’}, with the understanding, whether recorded in writing or otherwise, that the intermediary shall, whether, directly or indirectly lend or rvest in other persons or entities identified in any manner whatsoever by or on behalf of the Company ('the Ultimate Beneficiaries') or provide any guarantee, security or the like on behalf the Ultimate Beneficiaries;

(b) The management has represented that, to the oest of ts Knowledge and belief, no funds have been received by the Company from any person or entity, including foreign entities ('the Funding Parties'), with the understanding, whether recorded in writing or otherwise, that the Company shall, whethe' directly or indirectly, lend or invest r other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party ('Ultimate Benefioar'es') o^r orcvide any guarantee, security or the like on behalf of the Ultimate Beneficiaries; and

(c)    Based on such audit procedures performed as conside'ed reasonable and appropriate in the circumstances, nothing has come to our notice that has caused us to believe that the management representations under sub-clauses (a) and (b) above contain any materiel misstatement.

v.    I he Company has not declared o' paid any dividend during the oeriod ended 6‘ March 2025.

vi.    Based on our examination which inc uded test checks, the company had jsed an accounting software for maintaining its books of accounts which has a feature of recording aud't trial (ed't leg) ^aci ity anc the same has operated throughout the period for all relevant transactions recorded in the software. Furthermore, during the course of our audit, we did net encounter any instances of the audit trial feature being tampered with.

For M/s Muchhal & Gupta Chartered Accountants Firm's Registration No.: 004423C

Vaibhav Mandhana Partner

Membership No.: 142514 UDIN:25142514BMIBVC8108 Date: 29-05-2025