75 regard to the size of the Company and the nature of its operations. No discrepancies of 10% or more in the aggregate for each class of inventories were noticed on such physical verification of inventories, when compared with the books of account. (b) According to the information and explanations given to us, the Company has not been sanctioned working capital limits in excess of ` 5 crores, in aggregate, at any point of time during the year, from banks or financial institutions on the basis of security of current assets. Hence, reporting on the quarterly returns or statements filed by the Company with such banks or financial institutions is not applicable. (iii) The Company has made investments in, granted loans, secured or unsecured, to companies, Limited Liability Partnership or any other parties during the year, in respect of which: (a) The Company has provided any loans or advances in the nature of loans or stood guarantee or provided security to any other entity during the year and hence reporting under clause (iii)(a) of the Order is not applicable (b) The Investments made, guarantees provided and the terms and conditions of the grant of all the above-mentioned loans and advances in the nature of loans and guarantees provided, during the year are, in our opinion, prima facie not prejudicial to the Company’s interest. (c) In respect of loans granted by the Company, the schedule of repayment of principal and payment of interest has been stipulated and the repayments of principal amounts and receipts of interest are regular as per stipulation. (d) According to the information and explanation given to us and based on the audit procedures performed, in respect of loans granted and advances in nature of loans provided by the Company, there is no overdue amount remaining outstanding as at the balance sheet date. (e) No loans or advances in the nature of loans granted by the Company which has fallen due during the year, has been renewed or extended or fresh loans granted to settle the overdues of existing loans given to the same parties. (f) According to the information and explanation given to us on the audit procedures performed, the Company has not granted any loans or advances in the nature of loans either repayable on demand or without specifying any terms or period of repayment during the year. Hence, reporting under clause (iii) (f) is not applicable. (iv) In our opinion, the Company has not granted any loans or made investments covered under the provisions of section 185 of the Companies Act 2013. The Company has complied with the provisions of sections 186 of the Companies Act, 2013 as applicable. (v) The Company has not accepted any deposit or amounts which are deemed to be deposits. Hence, reporting under clause (v) of the Order is not applicable. (vi) The maintenance of cost records has been specified by the Central Government under section 148(1) of the Companies Act, 2013. We have broadly reviewed the books of accounts maintained by the Company pursuant to the Companies (Cost Records and Audit) Rules, 2014, as amended, prescribed by the Central Government for maintenance of cost records under section 148(1) of the Companies Act, 2013, and are of the opinion that, prima facie, the prescribed cost records have been made and maintained by the Company. We have, however, not made a detailed examination of the cost records with a view to determine whether they are accurate or complete. (vii) In respect of statutory dues: (a) Undisputed statutory dues of the year, including Goods and Service Tax, Provident Fund, Employees’ State Insurance, Income-tax, Sales Tax,
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