Indian reworked No. 5 from 1944?

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I bought two No. 5 Carbines which I received today .. and one of them has really odd features which I've never seen before with a No. 5 - and I've had probably 10 of these already.

The receiver bears old, filed off markings. Above them is written "No. 5", below that "11/44" (?).

Also note the serial on the receiver which is really low (00049), and matching to the serial on the bolt. The receiver ring has only FR markings on the left side, plus Indian markings on the right side.

Could this be one of the first ever produced No. 5 rifles, which was later overhauled in an Indian arsenal?

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