Krishna Ventures Limited — Audit Report / Information 2022

Sep 5, 2022

==> picture [469 x 51] intentionally omitted <==

The Board of Directors

Krishna Ventures Limited Corporate Centre, 7th Floor, Andheri Kurla Road, Andheri (East) Mumbai- 400 059

Dear Sir,

Subject: Resignation from office of statutory auditor of the company

As you are aware that we were appointed as Statutory Auditor of Krishna Ventures Limited pursuant to letter dated September 30, 2017 to hold the office till the conclusion of the 40[th] Annual General Meeting of the Company.

We understand that there has been a change in the Management of the Company and the business of the Company will be operated from the state of Uttar Pradesh in the coming times. Hence it will not be possible for us to ensure close proximity between the auditor and the Company. In order to streamline the process of audit we hereby tender our resignation as the Statutory Auditor of Krishna Ventures Limited.

We thank the Shareholder’s, Board of Directors, Audit Committee and staff members for the cooperation extended during our association as statutory auditors of the Company, we wish the Company the best in its future endeavours and it has been a pleasure serving as its auditors.

For Shashikant J. Shah & Co. Chartered Accountants Firm Registration No. 109996W Nisha Gaurang Digitally signed by Nisha Gaurang Unadkat Unadkat Date: 2022.09.05 17:09:51 +05'30' Nisha G. Unadkat – Partner Membership No. 145206

Date: September 09, 2022

Place: Mumbai

1056, Hubtown Solaris, N.S. Phadke Marg Andheri (E) Mumbai- 400 069