10.

11.

12.

13.

These financial statements have been audited by other auditors, whose audit reports have been furnished to
us by the Management and our opinion on the consolidated financial statements, in so far as it relates to
the amounts and disclosures included in respect of these components is based solely on the audit report of
the other auditors. Our opinion on the consolidated Ind AS financial statements is not modified in respect
of these matters.”

Based on our examination and according to the information and explanations given to us and also as per
the reliance placed on the examination report submitted by the Previous Auditors for the years ended 31
March 2020, 31 March 2019 and 31 March 2018, we report that the Restated Consolidated Financial
Information

a. have been prepared after incorporating adjustments for the changes in accounting policies, material
errors and regrouping/reclassifications, if any, retrospectively in the financial years ended 31 March
2020, 31 March 2019 and 31 March 2018 to reflect the same accounting treatment as per the
accounting policies and grouping/classifications followed as at and for the nine-months period
ended 31 December 2020;

b. do not require any adjustment for modification as there is no modification in the underlying audit
reports; and

c have been prepared in accordance with the Act, ICDR Regulations and the Guidance Note
Emphasis of matter

We draw attention to Note B4 of the Restated Consolidated Financial Information, wherein the Group has
described its impact assessment due to the COVID-19 pandemic. As stated in the said note, eventual
outcome of the impact of the global health pandemic may be different from those estimated as on date of
the approval of these financial statements. Our opinion is not modified in respect of this matter.

The Restated Consolidated Financial Information do not reflect the effects of events that occurred
subsequent to the respective dates of the reports on the Special Purpose Interim Consolidated Ind AS
Financial Statements and Audited Consolidated Ind AS Financial Statements mentioned in paragraph 4
above.

This report should not in any way be construed as a reissuance or re-dating of any of the previous audit
reports issued by us or the Previous Auditors, nor should this report be construed as a new opinion on any
of the financial statements referred to herein.

We have no responsibility to update our examination report for events and circumstances occurring after
the date of this report.

Our report is intended solely for use of the Board of Directors for inclusion in the RHP and the Prospectus
to be filed with SEBI, the National Stock Exchange of India Limited, BSE Limited and Registrar of
Companies, Tamil Nadu, in connection with the proposed IPO. Our report should not be used, referred to,
or distributed for any other purpose except with our prior consent in writing. Accordingly, we do not accept
or assume any liability or any duty of care for any other purpose or to any other person to whom this report
is shown or into whose hands it may come without our prior consent in writing.

for Sharp & Tannan

Chartered Accountants
Firm Registration No. 003792S

V. Viswanathan

Partner
Place: Chennai Membership no. 215565
Date: 25 January 2021 UDIN: 21215565AAAAAC3366

228
