Auditor Report of Purple United Sales Ltd.

Mar 31, 2025

We have audited the accompanying standalone financial
statements of Purple United Sales Limited which comprise
the balance sheet as at 31st March 2025, and the statement
of Profit and Loss (Including Other Comprehensive Income),
Cash Flow Statement for the year ended, and notes to the
financial statements, including a summary of significant
accounting policies and other explanatory information
(hereinafter referred to as “standalone financial statements”).

In our opinion and to the best of our information and
according to the explanations given to us, the aforesaid
standalone 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,
of the statement of affairs of the Company as at March 31,
2025, and it''s Profit for the year ended on that date.

Basis for Opinion

We conducted our audit in accordance with the Standards
on Auditing (SAs) 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 Standalone 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
Companies Act, 2013 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

Key audit matters are those matters that, in our professional
judgement, 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 the matters described below to be the
key audit matter to be communicate in our report. We do
not express a separate opinion on this matter.

Description of Key Audit Matters	Auditor’s response
Receivable''s Balance confirmations	On test check basis, we have identified certain instance of discrepancies in the transactions/balances as per the books of companies with those as received by through balance confirmations directly from trade receivables, including difference in withholding taxes, we have been informed by the management that the same are under reconciliation, the impact of which may be accounted for in the year of reconciliation.
MSME''s Suppliers and disclosures required, under Micro, Small and Medium Enterprises Development Act, 2006	The Company has not provided complete information regarding MSME''s disclosures and payable interest there on, However as per management view they are in process of reconciliation of updated certificate from MSME''s vendors. Most of vendor and suppliers has not able to provide proper documents as per MSME''s Act, within our audit process concluded.

Information Other than the Financial Statements and
Auditor’s Report Thereon

The Company''s Management and Board of Directors is
responsible for preparation of the other information. The
other information comprises the information included
in the company''s annual report, but does not include the
standalone financial statements and our auditor''s report
thereon. The aforesaid report is expected to be made
available to us after the date of this auditor''s report.

Our opinion on the financial statements does not cover
the other information and we will 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 identified
above when it becomes available 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.

Responsibilities of Management and Those Charged with
Governance for the Financial Statements

The Company''s Board of Directors is responsible for the
matters stated in section 134(5) of the Companies Act,
2013 (“the Act”) with respect to the preparation of these
standalone 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
accounting principles generally accepted in India, This
responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the
Act for the 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.

In preparing the 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.

Those Board of Directors is 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 standalone 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
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 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 control.

• 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 Companies Act, 2013, we are also responsible
for expressing our opinion on whether the company has
an 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 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.

We communicate with those charged with governance
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.

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 financial statements of the
current period. 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 of
India in terms of sub-section (11) of section 143 of the
Companies Act, (hereinafter referred to as the ‘''Order'')''
we give in annexure A statements on the matters
specified in paragraphs 3 & 4 of the order, to the extent
applicable.

2. As required by Section 143(3) of the Act, we report 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 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, and
the cash flow statement dealt with by this Report are in
agreement with the books of account;

(d) In our opinion, the aforesaid financial statements comply
with 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 31st March 2025 taken on
record by the Board of Directors, none of the directors is
disqualified as on 31st March 2025 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 respect to financial statements of the
Company and the operating effectiveness of such
controls, refer to our separate Report in “Annexure B”.

(g) with respect to the other matters to be included in the
Auditor''s report in accordance with the requirements
of the section 197(16) of the Act, as amended, in our
opinion and to the best of our information and according
to the explanations given to us, the remuneration paid
by the company to its directors during the year is in
accordance with the provision 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, In our
opinion and to the best of our information and according
to the explanations given to us,

i. The Company have some pending litigations in its
financial statements for which there were impact
on its financial position, however company create
provision on that assets.

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

iii. There were no amounts which were required to be
transferred to the Investor Education and Protection
Fund by the Company.

iv. (a) The management has represented to us that, to
the best of its knowledge and belief, as disclosed in
the notes to accounts, no funds have been advanced
or loaned or invested (either from borrowed funds or
share premium or any other sources or kind of fund) by
the Company to or in any other person(s) or entity(ies),
including foreign entities (“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 (“Ultimate Beneficiaries”)
or provide any guarantee, security or the like on
behalf of the ultimate Beneficiaries;

(b) The Management has represented, that, to the
best of it''s knowledge and belief, as disclosed in
the notes to accounts, no funds have been received
by the Company from any person(s) or entity(ies),
including foreign entities (“Funding Parties”), with
the understanding, whether recorded in writing
or otherwise, that the Company shall, 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.

(c) Based on the audit procedures that have been
considered reasonable and appropriate in the
circumstances, nothing has come to our notice that
has caused us to believe that the representations
under sub-clause (i) and (ii) of Rule 11(e), as provided
under (a) and (b) above, contain any material
misstatement.

v) The Company has not declared or paid any dividend

during the year and has not proposed a final dividend
for the year.

vi) Based on our examination, which included test
checks, the Company has used accounting software
for maintaining its books of accounts for the financial
year ended 31st March 2025, which has a feature of
recording audit trail (edit log) facility and the same
has operated throughout the year for all relevant
transactions recorded in the software. Further during
the course of our audit we did not come across any
instance of audit trail feature being tampered with.

As per proviso 3(1) of the Companies (Account) Rules, 2014
is applicable from April 1,2023 reporting under rule 11(g)
of the Companies (Audit and Auditors) Rules, 2014 on
preservation of audit trail as per the Statutory Requirements
for record retention is not applicable for the financial year
ended March 31, 2025.

For NGMKS & Associates
Chartered Accountants

Firm''s Registration No. 024492N

Nitin Goyal
Partner

Membership No 517698
Place: New Delhi
Date: 24.05.2025
UDIN: 25517698BMMXLC8168