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Price Waterhouse Chartered Accountants LLP Independent auditor's report To the Members of Zinka Logistics Solutions Private Limited Report on the audit of the Standalone financial statements Opinion 1 . 2 . We have audited the accompanying standalone financial statements of Zinka Logistics Solutions Private Limited ( " the Company " ) , which comprise the standalone balance sheet as at March , 31,2021 , and the standalone statement of Profit and Loss ( including other comprehensive income ) , standalone statement of changes in equity and standalone statement of cash flows for the year then ended , and notes to the standalone financial statements , including a summary of significant accounting policies and other explanatory information . 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 state of affairs of the Company as at March , 31 , 2021 , and total comprehensive income ( comprising of loss and other comprehensive income ) , changes in equity and its cash flows for the year then ended . Basis for opinion 3 . We conducted our audit in accordance with the Standards on Auditing ( SAS ) 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 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 standalone 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 . Other Information 4 . The Company's Board of Directors is responsible for the other information . The other information comprises the information included in the report of the Board of Directors , but does not include the standalone financial statements and our auditor's report thereon . Our opinion on the standalone 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 standalone financial statements , our responsibility is to read the other information and , in doing so , consider whether the other information is materially inconsistent with the standalone 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 . Price Waterhouse Chartered Accountants LLP , 5th Floor , Tower ' D ' , The Millenia , 1 & 2 Murphy Road , Ulsoor Bangalore 560 008 T : +91 ( 80 ) 4079 5000 , F : +91 ( 80 ) 4079 5222 Registered office and Head office : Sucheta Bhawan , 11A Vishnu Digambar Marg , New Delhi 110 002 Accounta Chartered . LLPIN AAC - 5001 aterhouse FRN 012754N / N500016 * * Bengaluru Price Waterhouse ( a Partnership Firm ) converted into Price Waterhouse Chartered Accountants LLP ( a Limited Liability Partnership with LLP identity no : LLPIN AAC - 5001 ) with effect from July 25 , 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP , its ICAI registration number is 012754N / N500016 ( ICAI registration number before conversion was 012754N )