We have audited the accompanying standalone
Ind AS financial statements of Optiemus Infracom
Limited ("the Company"), which comprise the
standalone balance sheet as at March 31, 2026
and the standalone statement of profit and loss
(including other comprehensive income), the
standalone statement of changes in equity and
the standalone statement of cash flows for the
year then ended, and notes to the standalone
financial statements, including a summary of
the material accounting policies and other
explanatory information (hereinafter referred to
as "the standalone Ind AS financial statements").

In our opinion and to the best of our information
and according to the explanations given to
us, the aforesaid standalone Ind AS financial
statements give the information required by the
Companies Act, 2013 ("the Act") in the manner
so required and give a true and fair view in
conformity with the Indian Accounting Standards
prescribed under section 133 of the Act read with
the Companies (Indian Accounting Standards)
Rules, 2015, as amended, ("Ind AS") and other
accounting principles generally accepted in India,
of the state of affairs of the Company as at March
31, 2026, and it's profit and other comprehensive
income, changes in equity and its cash flows for
the year ended on that date.

2. Basis for Opinion

We conducted our audit of the standalone Ind
AS financial statements in accordance with the
Standards on Auditing (SAs) specified under
section 143(10) of the Act. Our responsibilities
under those standards (SA's) are further described
in the Auditor's Responsibilities for the Audit of the
standalone Ind AS financial statements section of

our report. We are independent of the Company
in accordance with the Code of Ethics issued by
the Institute of Chartered Accountants of India
(ICAI) together with the ethical requirements
that are relevant to our audit of the standalone
Ind AS financial statements under the provisions
of the Act and the Rules made thereunder, and
we have fulfilled our other ethical responsibilities
in accordance with these requirements and the
Code of Ethics. We believe that the audit evidence
obtained by us is sufficient and appropriate
to provide a basis for our audit opinion on the
standalone Ind AS financial statements.

3. Key audit matters

Key audit matters are those matters that, in our
professional judgment, were of most significance
in our audit of the financial statements of the
current period. These matters were addressed in
the context of our audit of the financial statements
as a whole, and in forming our opinion thereon,
and we do not provide a separate opinion on
these matters.

We have determined the matters described below
to be the key audit matters to be communicated
in our report. We have fulfilled the responsibilities
described in the Auditor's responsibilities for
the audit of the standalone financial statements
section of our report, including in relation to
these matters. Accordingly, our audit included
the performance of procedures designed
to respond to our assessment of the risks of
material misstatement of the standalone financial
statements. The results of our audit procedures,
including the procedures performed to address
the matters below, provide the basis for our
audit opinion on the accompanying standalone
financial statements.

4. Information other than the standalone Ind
AS financial statements and Auditor's Report
thereon

The Company's Management and Board of
Directors are responsible for the other information.
The other information comprises the information
included in the Management Discussion and
Analysis, Board Report including Annexures to
Board Report, Business Responsibility Report,
Corporate Governance and shareholders'
Information, but does not include the standalone
Ind AS financial statements and our auditor's
report thereon.

Our opinion on the standalone Ind AS financial
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
Ind AS financial statements, our responsibility
is to read the other information and, in doing
so, consider whether the other information is
materially inconsistent with the standalone Ind AS
financial statements or our knowledge obtained
during the course of our 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.

5. Management's responsibility for the standalone
Ind AS financial statements

The Company's Management and Board of
Directors are responsible for the matters stated
in section 134(5) of the Act with respect to the
preparation of these standalone Ind AS financial
statements that give a true and fair view of the
financial position, financial performance including
other comprehensive income, changes in equity
and cash flows of the Company in accordance with
the accounting principles generally accepted in
India, including the Indian Accounting Standards

(Ind AS) specified under Section 133 of the Act.
This responsibility also includes maintenance
of adequate accounting records in accordance
with the provisions of the Act for safeguarding
of the assets of the Company and for preventing
and detecting frauds and other irregularities;
selection and application of appropriate
accounting policies; making judgments and
estimates that are reasonable and prudent; and
design, implementation and maintenance of
adequate internal financial controls, that were
operating effectively for ensuring the accuracy
and completeness of the accounting records,
relevant to the preparation and presentation of
the standalone Ind AS financial statements that
give a true and fair view and are free from material
misstatement, whether due to fraud or error.

In preparing the standalone Ind AS financial
statements, the management is responsible for
assessing the Company's ability to continue as a
going concern, disclosing, as applicable, matters
related to going concern and using the going
concern basis of accounting unless management
either intends to liquidate the Company or to
cease operations, or has no realistic alternative
but to do so.

Those Board of Directors are also responsible for
overseeing the Company's financial reporting
process.

6. Auditor's Responsibilities for the Audit of the
Standalone Ind AS Financial Statements

Our objectives are to obtain reasonable assurance
about whether the standalone Ind AS financial
statements as a whole are free from material
misstatement, whether due to fraud or error,
and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of
assurance but is not a guarantee that an audit
conducted in accordance with SAs will always
detect a material misstatement when it exists.
Misstatements can arise from fraud or error and
are considered material if, individually or in the

aggregate, they could reasonably be expected to
influence the economic decisions of users taken
on the basis of these standalone Ind AS financial
statements.

As part of an audit in accordance with SAs, we
exercise professional judgement and maintain
professional skepticism throughout the audit. We
also:

• Identify and assess the risks of material
misstatement of the standalone Ind AS
financial statements, whether due to fraud or
error, design and perform audit procedures
responsive to those risks, and obtain audit
evidence that is sufficient and appropriate
to provide a basis for our opinion. The risk
of not detecting a material misstatement
resulting from fraud is higher than for one
resulting from error, as fraud may involve
collusion, forgery, intentional omissions,
misrepresentations, or the override of
internal control.

• Obtain an understanding of internal controls
relevant to the audit in order to design
audit procedures that are appropriate in the
circumstances. Under section 143(3)(i) of the
Act, we are also responsible for expressing
our opinion on whether the Company
has adequate internal financial controls
system with reference to the standalone
Ind AS financial statements in place and the
operating effectiveness of such controls.

• Evaluate the appropriateness of accounting
policies used and the reasonableness of
accounting estimates and related disclosures
made by management.

• Conclude on the appropriateness of
management's use of the going concern
basis of accounting and, based on the audit
evidence obtained, whether a material
uncertainty exists related to events or
conditions that may cast significant doubt
on the Company's ability to continue as
a going concern. If we conclude that a
material uncertainty exists, we are required
to draw attention in our auditor's report to
the related disclosures in the standalone
Ind AS financial statements or, if such
disclosures are inadequate, to modify our
opinion. Our conclusions are based on the

audit evidence obtained up to the date of
our auditor's report. However, future events
or conditions may cause the Company to
cease to continue as a going concern.

• Evaluate the overall presentation, structure
and content of the Ind AS financial
statements, including the disclosures, and
whether the standalone Ind AS financial
statements represent the underlying
transactions and events in a manner that
achieves fair presentation.

Materiality is the magnitude of misstatements in
the standalone Ind AS financial statements that,
individually or in aggregate, makes it probable
that the economic decisions of a reasonably
knowledgeable user of the standalone Ind AS
financial statements may be influenced. We
consider quantitative materiality and qualitative
factors in (i) planning the scope of our audit
work and in evaluating the results of our work;
and (ii) to evaluate the effect of any identified
misstatements in the standalone Ind AS financial
statements.

We communicate with those charged with
governance regarding, among other matters,
the planned scope and timing of the audit and
significant audit findings, including any significant
deficiencies in internal control that we identify
during our audit.

We also provide those charged with governance
with a statement that we have complied
with relevant ethical requirements regarding
independence, and to communicate with
them all relationships and other matters that
may reasonably be thought to bear on our
independence, and where applicable, related
safeguards.

Report on other legal and regulatory
requirements

1. As required by section 143(3) of the Act, we
report that:

a) We have sought and obtained all the
information and explanations which to
the best of our knowledge and belief
were necessary for the purposes of our
audit.

b) In our opinion, proper books of account
as required by the law have been kept

by the Company so far as it appears
from our examination of those books.

c) The Balance Sheet, the Statement
of Profit and Loss including Other
Comprehensive Income, Statement of
Changes in Equity and the Statement
of Cash Flows dealt with by this report
are in agreement with the books of
account.

d) In our opinion, the aforesaid Ind AS
financial statements comply with the
Indian Accounting Standards (Ind AS)
specified under Section 133 of the Act.

e) On the basis of the written
representations received from the
directors as on March 31, 2026 taken on
record by the Board of Directors, none
of the directors is disqualified as on
March 31, 2026 from being appointed
as a director in terms of Section 164(2)
of the Act.

f) With respect to adequacy of the
internal financial controls over the
financial reporting of the Company and
the operating effectiveness of such
controls, refer to our separate report in
"Annexure A". Our report expresses an
unmodified opinion on the adequacy
and operating effectiveness of the
Company's internal financial controls
over the financial reporting.

g) With respect to the other matters to
be included in the Auditor's Report in
accordance with the requirements of
section 197(16) of the Act, as amended:

In our opinion and to the best of
our information and according to
the explanations given to us, the
remuneration paid by the Company
to its directors during the year is in
accordance with the provisions of
section 197 of the Act.

h) With respect to the other matters to be
included in the Auditor's Report in accordance
with Rule 11 of the Companies (Audit and
Auditors) Rules, 2014, in our opinion and to
the best of our information and according to
the explanations given to us:

i. The Company has disclosed the
impact of pending litigations on its
financial position in its Ind AS financial
statements. Refer note [36] to the Ind
AS financial statements.

ii. The Company did not have any long¬
term contracts including derivative
contracts for which there were any
material foreseeable losses.

iii. There has been no delay in transferring
amounts, required to be transferred, to
the Investor Education and Protection
Fund (IEPF) by the Company.

iv. (a) The management has represented

that, to the best of its knowledge
and belief, no funds (which are
material either individually or in the
aggregate) have been advanced
or loaned or invested (either from
borrowed funds or share premium
or any other sources or kind of
funds) by the Company to or in any
other person or entity, including
foreign entity ("Intermediaries"),
with the understanding, whether
recorded in writing or otherwise,
that the Intermediary shall,
whether, directly or indirectly
lend or invest in other persons
or entities identified in any
manner whatsoever by or on
behalf of the Company ("Ultimate
Beneficiaries") or provide any
guarantee, security or the like on
behalf of the Ultimate Beneficiaries;

(b) The management has represented,
that, to the best of its knowledge
and belief, no funds (which are
material either individually or in the
aggregate) have been received
by the Company from any person
or entity, including foreign entity
("Funding Parties"), with the
understanding, whether recorded
in writing or otherwise, that the
Company shall, whether, directly
or indirectly, lend or invest in
other persons or entities identified
in any manner whatsoever by or

on behalf of the Funding Party
("Ultimate Beneficiaries") or
provide any guarantee, security or
the like on behalf of the Ultimate
Beneficiaries;

(c) Based on the audit procedures
that have been considered
reasonable and appropriate in the
circumstances, nothing has come
to our notice that has caused us to
believe that the representations
under sub-clause (i) and (ii) of Rule
11(e), as provided under (a) and
(b) above, contain any material
misstatement.

v. The Company has not declared or
paid any dividend during the year and
accordingly, reporting under Rule 11(f)
of the Companies (Audit and Auditors)
Rules, 2014 is not applicable to the
Company.

vi. Based on our examination, which
included test checks, the Company
has used accounting software for
maintaining its books of account for
the financial year ended March 31, 2026
which has a feature of recording audit
trail (edit log) facility and the same has
operated throughout the year for all

relevant transactions recorded in the
software. Further, during the course of
our audit we did not come across any
instance of the audit trail feature being
tampered with. Further, the audit trail
has been preserved by the Company
as per the statutory requirements for
record retention.

As required by the Companies (Auditors'
Report) Order, 2020 ("the Order"),
issued by the Central Government
of India in terms of sub-section (11)
of section 143 of the Companies Act,
2013, we give in the "Annexure B", a
statement on the matters specified in
paragraphs 3 and 4 of the Order, to the
extent applicable.

For Mukesh Raj & Co

Chartered Accountants
Firm Reg. No. 016693N

Monika Goel

Partner

Membership No. 094072
UDIN: 26094072ZMTMHM5855

Place: New Delhi
Date: May 30, 2026