Page 115 - KRCL ENglish

Other Matter
The COVID 19 induced restrictions on physical movement and strict timelines, due to
which the entire audit team could not visit the audit place for undertaking the required audit
procedures as prescribed under ICAI issued Standards on Auditing, including but not
limited to:

• Inspection, observation, examination and verication of the original documents / les.
• Physical verication of cash, Inventories, Original xed deposit receipts, original
copies of investments, including adequate internal controls thereof.

• Verication of original sanction letters of loans obtained by the bank, bank records,
etc.

• Observation with regard to access controls and data security.

The above audit procedures was conducted during the limited review of the Company for
the half year ended 30th Septermber'2019 and we do not found any material misstatement
during such verication. Further the management has provided us with the scanned copies
of the relevant documents and records required for the purpose of our statutory audit and
we have obtained sufcient appropriate audit evidence which is required in forming our
opinion.

Our opinion is not modied in respect of these matters.

Information Other than the Standalone Financial Statements and Auditor's Report
Thereon
The Company's Board of Directors is responsible for Preparation of other information. The
other information comprises the information included in the Company's annual report, but
does not include the standalone nancial statements and our auditor's report thereon.

Our opinion on the standalone nancial 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 nancial statements, our responsibility is to
read the other information and, in doing so, consider whether the other information is
materially inconsistent with the standalone nancial 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.

Management's Responsibilities for the Standalone Financial Statements
The Company's Board of Directors is responsible for the matters stated in section 134(5) of

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