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NANGIA & CO LLP Independent Auditors Report on Qurterty and Yesr to Date Financial Results ofthe Adan opal Priate Limited Pursunt te Regulation 52 ofthe Secure and Exhange Boudof lia (Usting Obewone and Disclosure Requremens Regulations 2015, a mended ‘Aol Capa Prat Lined Report onthe Aut of he Financia Rerls Opinion We have audited the acempanying Statement of Financial Ress of Adan Capt! Private mite (the "Company or he quer ended 31 March 202 and th eat dat ett forthe erie ram 03 Ap 223, to H Narch 2022 (he “Sstoment),sached herewith, beng submited bythe Company pursant to the ‘equremen of replton 52 ofthe SEI using Obligations and Dscouure Requirement) Regulations, 2018, 35 mended (Ustng Relation) nou opinion ato the best of ur nfrmation and according tothe explnatons hen tos, he statement ate presented in accordance wth the equrement of regulon 52 of he isting Regulation in tiga ve 2 tue ad sr view n conformity wit the recogition and mesurement pnp li down inthe Sppicabl counting standards, Bl uses nd other acountigprocoes general aceptdinnd of the net proft and cher cmareese cbr ard athe ancl eration fo the gare ended 33 March 2022 ss wells the yo ode of inant Restor the evo 1 Ap 221103) March 2022 ‘2s for pinion ‘We conducted our aun acordance withthe Standards on Rudting (St) specfed under ection 28310) of the Companies ct 2013, 3 amended ("the Ac). Ov responses urder those Standards ate futher esrb nthe Autor Resporsiives fr the Aust ofthe Fancal suits secon of ur report. Weare Independent ofthe Company i accordance with the Code of Ets bed by the Instute of Chartered ecoutans finda together vith the etic requlements that are relear tou aud oth nancial Rest, ‘nd we have flied ur other eal espasaitesn ecorarce with these equremant andthe Code of Ethic Webolove that he at evidence we have obtained I Suit ad appropriate te prove 3 bs for Emphasis of mater ‘Wieden attention to Note Bof the Statement which describes the uncerteites arin om COVID 19 pandemic “nd impacting the Companys operations sd ancl esate heading ertinater reat te relation and impsrment of ets, hich se dependent on ft dveopmants regarding the sevesty an suai the (ur oprionis nt mifiedin respect this mater 21a, bing Pens Park Caparo Kato Mi owe ae Mba A001, ns uP Rogan No. A 32 ‘Noda ew Oe Gur -Munba-Begsi Chena ane stain NANGIA & CO LLP. ‘Managements Responiitforthe Franc Results “the statement hasbeen compl he sonal Franc ttemants. Tre Bond of Oicetrs fhe Company sre resonable fr the prepraen ef these Fnac Ress tht pete and fr view ofthe net profit and ‘ther comprehensive Ineame and eter final iforatin in acrdzce withthe applicable scouring ‘Randods prescribed under Seton 133 af he At and other accountng pipes neal aeopted in nda {nd complance with reguston $2 of he isting Regulations This esponsbiyalsa nudes maintenance of equate accounting records in accordance withthe provisions ofthe Act the salegubrngof teases ofthe Company andor preventing and detecting feuds and other regres sectionandappbstion ef appropiate ‘Sccounting. ples; maling udprame and estimates tat are resanabie and prudent and sgh ‘plementation, and mantenanc ef edeqate internal franca contok that were operating efletvel for “ruuring the accuracy and eompletenes of th accountng record, relvr: othe preparation ae resentation SF the Financ Rents tat ges re and few and are ee om mate Mstatoment, wheter ue to fraud oreo In gracing the Financial Rests the Board of Oectors are responsible fr asses the Compa’ aby to Continue a going concer, Gling ae sppeabl, mater related to going concern and wing the GE enern basi f accountng les te Board of rectors eter nerd bgt the Company ort ease operation, or hase real atematve bt todos. ‘he Boor of Drectors ar aio response for vesting th Company's han reporting sroces. ‘udtors Responabisies forthe Aut of he Financia Ress Curebjectves are o obtain rezanale trance about whether the Finan Result 5 2 whole ae fe rom Imatri mistatemen, whether doe to aud or rer, dt se an aud-o'seport tht inluées ow pinion Reasonable assurance ea high level of serene, at not 3 usrantce that an aut conducted in accordance (rth ke wil alvaye tet 2 materl miseatement when Rete Mirtsements an aise rm aude ror Se are considered mate indialy orn the apgegte, they col reasonably be expected to influence ‘he ecnomi acon ower taken onthe ba of there Financ arate ‘spat of an aut in accordance with Ss, we exec profesional udgrient and maintain profesional ‘optic trouphout he suit We ae “+ ent an zs he rks of materi statement ofthe Franca ess, whether et aud or er, ‘desgn nd perform au proceairsrerponsveto thor rk, andbtan audit evderc that suf and Sporopinte ta provid atte forour opinion. The risk of not detecting anata mastatement resem {tau signer than fr one reruting trom ero, sad may involve cousin, orgry, enol omissions, istepresentatins othe over ofieral canto, + obtain an understanding of irteral contr elevant tothe audt nar to dese aut procedues ha are pproprate inthe excmstances, Under Section 1313) () ofthe At we are a0 responsible fr expresng ‘sur opnion on whether the company has adequate interal fan eanvols with reference to nancial Satments place and the pert eletvnes of uc corr “+ eauate the approptenesofseounting plies used andthe reasonableness of accounting estimates and relted donor made by the Board of eto NANGIA & CO LLP. Airs Responses forthe Aust ofthe Fnac Ress Contin + condude on the appropritencs fhe Board of iret’ we of the ung concen bas of acountng sn based onthe a evdene obtoned, whether a materaluncrtany ents rested to evens or onatons ‘hat may cast sigan doubton the Companys sey to continue taping concern we condude that ‘material uncertainty ents, wearerequved to drow attention nour aud’ epot tothe related doses Inthe Financial esto, fsue dsosues are adequte, to moa ew epi, Or cncsons are based ‘nthe aud evidence abaned upto the date of ot sudo” repor. However, future event of conditions Imay sure the Company toceseto continue gong concern + aluatethe overall peretation,srture an content of he Fanless, ncuing the eases, an whether the Financia Ress represent the underlying ansacons ndeventsinamaner ta achieves ale Presentation \We communicate wth thote charged with governance regarding, ariong her mates, the planned scope and timing ofthe aud ana saan aus dings, using any signet defisences in nteral convo at we (Bending our sud. We abo provide those charged wth governance with a statement that eh cmp wth leant ethic! ‘ragaremete raring independence, and to commana wth them alleatticshps ap otha mates that ‘mayreaconably be thought to bea on ou Independence and where applble rated safes The comparative financial norman ofthe Company forthe quarter and year ended 31 March 2021 were ded by another ster who expresed an unmedfed opinion on tote Financial Rests on 18 une 2023. Becordnly, we, 3 nt expres any pion, asthe case may be, o he tes Feporedin the Francia Results forthe quarter ané yar endo 31 Nth 203) ‘The Flnanciat Rest inca the ests for the quarter ended 31 March 20:2 ing the balancing ure between ‘te ate gues in respec th fl rari year an the pubined unuded yer to date figures up tthe ‘hed quoter ofthe current aan yer which were sje to med revew byw ‘ou conclusion’ not moaed in respectof hs matter, Chartered Recounts RN No 002381C/NS006 aspret Singh ua aes daspret Singh Be Date: 23 Way 2022 11°F, 8 og Feel snes Pr Caps Kay Mi owe ae Mba €0 013, na LP Regiraten No. 83379 bi -Sogprs Chen Fare Dtrabun adani Capital ‘toseeo) | deste | tes) ‘ete. lataeren seam ena] smsee| azn fe enn te cee ss] "esc] “San 5 |fecceme +2) wuase | eae] ase 5 lprtenetare xen ten anda 4) eae | — wa] 56 | aaa 5 tebe ton) wae — wor] — nse} — roa ‘Soveeee ass] ws] na 9 rterrene ses 8) BE 15| er leinanesnrenents ove one tee eo] oo] 58] ss) lemons in acento beacet ss cine conpenenve name 8) {es sr 1 frotcomprenenive nae rte part ai es] ear] 12 leange e eq sare tee vaio 1 ene yl (oovomsnzes te sonny adani ‘Montsant sar tnt a oy ep 0 n Capital roo ae =. 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