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S.R. BATLIBOI & Co. LLP Chartered Accountants 12th Floor , The Ruby 29 Senapati Bapat Marg Dadar ( West ) Mumbai - 400 028 , India Tel : +91 22 6819 8000 Independent Auditor's Report on the Quarterly and Year to Date Audited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 as amended To , The Board of Directors of Central Depository Services ( India ) Limited Report on the audit of the Consolidated Financial Results Opinion We have audited the accompanying statement of consolidated financial results of Central Depository Services ( India ) Limited ( the " Holding Company " ) and its subsidiaries ( the Holding Company and its subsidiaries together referred to as " the Group " ) , and its associate for the quarter ended September 30 , 2021 and for the period from April 1 , 2021 to September 30 , 2021 ( the " Statement " ) , attached herewith , being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , as amended ( the " Listing Regulations " ) . In our opinion and to the best of our information and according to the explanations given to us , and based on the consideration of the reports of the other auditors on separate audited financial statements / financial result / financial information of the subsidiaries the Statement : ( i ) ( ii ) ( iii ) includes the results of the following entities ; Holding Company Central Depository Services ( India ) Limited Subsidiaries a . CDSL Ventures Limited ; b . CDSL Insurance Repository Limited ; C. CDSL Commodity Repository Limited ; d . CDSL IFSC Limited Associate India International Bullion Holding IFSC Limited is presented in accordance with the requirements of the Listing Regulations , in this regard ; and gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the consolidated total comprehensive income ( comprising of net profit and other comprehensive income ) and other financial information of the Group for the quarter ended September 30 , 2021 and for the period from April 1 , 2021 to September 30 , 2021 . BATL + CHARTERE ACCOUNTANTS 770 S.R. Batliboi & Co. LLP , a Limited Liability Partnership with LLP Identity No. AAB - 4294 Regd . Office : 22 , Camac Street , Block ' B ' , 3rd Floor , Kolkata - 700 016 .