The Restated Consolidated Financial Information have been prepared so as to contain information / disclosures and
incorporating adjustments set out below in accordance with the ICDR Regulations:

(a) Adjustments for audit qualification requiring corrective adjustment in the financial statements, if any;

(b) Material amounts relating to adjustments for previous years in arriving at profit/loss of the years to which
they relate, have been appropriately adjusted, if any;

(c) Adjustments for remeasurement, reclassification and regrouping of the corresponding items of income,
expenses, assets and liabilities in order to bring them in line with Ind AS and ICDR Regulations

(d) The resultant material tax impact on above adjustments has been appropriately adjusted in deferred taxes in
the respective years to which they relate.

The Restated Consolidated Financial Information have been prepared on accrual and going concern basis. All assets
and liabilities have been classified as current or non-current as per the normal operating cycle of the Company and
other criteria as set out in the Schedule III to the Companies Act, 2013. Based on the nature of services and the time
between the acquisition of assets for processing and their realization in cash and cash equivalents, the Company has
ascertained their operating cycle as 12 months for the purpose of current / non-current classification of assets and
liabilities.

Significant accounting policies - The accounting policies set out below have been applied consistently to the periods
presented in the Restated Consolidated Financial Information.

B.2 Basis of Preparation:

The Consolidated Financial Statements of the Group has been prepared in accordance with Ind AS. The presentation of
the Consolidated Financial Statements of the Group is based on Schedule III of the Act.

The items included in Consolidated Financial Statements from each of the Group entities are measured using the
currency of the primary economic environment (functional currency) in which each of the Group’s entities operate.
The consolidated financial statements are presented in Indian Rupees (INR) which is the functional and presentation
currency of the Company and all values are rounded to the millions with two decimals, except where otherwise
indicated. In the Group’s Consolidated Financial Statements, all assets, liabilities and transactions of Group entities
with a functional currency other than the INR are translated into INR upon consolidation.

Historical cost is generally based on the fair value of the consideration given in exchange for goods and services. Fair
value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between
market participants at the measurement date, regardless of whether that price is directly observable or estimated
using another valuation technique. In estimating the fair value of an asset or a liability, the Group takes into account
the characteristics of the asset or liability if market participants would take those characteristics into account when
pricing the asset or liability at the measurement date.

All assets and liabilities for which fair value is measured or disclosed in the Restated Consolidated Financial
Information are categorised within the fair value hierarchy, described as follows, based on the lowest level input that
is significant to the fair value measurement as a whole:

Level 1 — Quoted (unadjusted) market prices in active markets for identical assets or liabilities

Level 2 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is
directly or indirectly observable

Level 3 — Valuation techniques for which the lowest level input that is significant to the fair value measurement is
unobservable.

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