We have audited die financial statements of CEMANTIC INFRA-TECH LIMITED (Formerly QLIANTUM BUILD-
TECH LIMITED) (the “Company”) which comprise the balance sheet as at 31 March 2025, and the statement of profit
and loss (including other comprehensive income), statement of changes in equity and statement of cash flows for the year
then ended, and notes to the financial statements, including a summary of die significant accounting policies and other
explanatory' information.

In our opinion and to the best of our information and according to the explanations given to us, die aforesaid financial
statements give die information required by the Companies Act, 2013 (“Act”) in die manner so required and give a true and
fair view in conformity widi die accounting principles generally accepted in India, of die state of affairs of the Company as
at 31 March 2025, and its loss and other comprehensive income, changes in equity and its cash flows for the year ended on
that date.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Act.
Our responsibilities under those SAs are further described in the Auditor’s Responsibilities for the Audit of die Financial
Statements section of our report. We are independent of the Company in accordance with die Code of Ethics issued by the
Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the
financial statements under the provisions of the Act and the Rules there under, and we have fulfilled our other ethical
responsibilities in accordance with these requirements and the Code of Ethics. We lielieve that the audit evidence obtained
by us is sufficient and appropriate to provide a basis for our opinion on the financial statements.

Other InformaUon

The Company’s Management and Board of Directors are responsible for the other information. The other information
comprises the information included in the Company’s Board of Director’s report, but does not include the financial
statements and our auditors’ report thereon. Our opinion on die 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 financial statements, our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial 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 and Board of Directors’ Responsibilities for the 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 financial statements that give a true and fair view of the state of affairs, Loss and
other comprehensive income, changes in equity' and cash flows of the Company in accordance with rite accounting principles
generally accepted in India, including the Accounting Standards specified under Section 133 of the -\ct. 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 thatwere operating effectively for ensuring the
accuracy and completeness of the accounting records, relevant to the preparation and presentation of die financial statements
that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing die financial statements, the Management and Board of Directors are responsible for assessing the Company’s
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using die going concern
basis of accounting unless die Board of Directors eitiier intends to liquidate the Company or to cease operations, or has no
realistic alternative but to do so.

The management is responsible for ensuring that the accounting software used has the feature of.Vudit Tnal that captures
the changes to each and every' transaction of Books of accounts. Also ensure that the Audit Trial feature is always enabled
at the database level and protected from any modification through implementing controls. Ensure that Audit Trial is
retained as per statutory requirements for record retention through periodic backups.

The Board of Directors is also responsible for overseeing die Company’s financial reporting process.

Auditor’s Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whedier the financial statements as a whole are free from material
misstatement, whedier due to fraud or error, and to issue an auditor’s report diat 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 die aggregate, they could reasonably be expected to influence die economic decisions of users taken on die basis of
these financial statements.

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

• Identify and assess the risks of matenal misstatement of the 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 control relevant to die audit in order to design audit procedures diat are
appropriate in die 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 with reference to 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 in die financial statements made by the Management and Board of Directors.

• Conclude on the appropriateness of die Management and Board of Directors use of the going concern basis of
accounting in preparation of financial statements and, based on the audit evidence obtained, whedier 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 die related disclosures in die financial statements or, if such disclosures are inadequate,
to modify our opinion. Our conclusions are based on die audit evidence obtained up to die date of our auditor’s
report. I Iowever, future events or conditions may cause die Company to cease to continue as a going concern.

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

Wc 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.

From the matters communicated with those charged with governance, we determine those matters that were of most
significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe
these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in
extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse
consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.
Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor’s Report) Order, 2020 (“die Order”) issued by the Central Government of
India in terms of Section 143 (11) of the Act, we give in die “Annexure A” a statement on the matters specified in
paragraphs 3 and 4 of die Order, to the extent applicable.

2. (A) As required by Section 143(3) of die Act, we report diat:

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

b) In our opinion, proper books of account as required by law have been kept by die Company so far as it
appears from our examination of those books.

c) ihe balance sheet, the statement of profit and loss (including odier comprehensive income), the statement
of changes in equity' and the statement of cash flows dealt widi by this Report are in agreement with die
books of account.

d) In our opinion, die aforesaid financial statements comply widi the accounting standards specified under
Section 133 of the Act.

e) On die basis of die written representations received from the directors as on 31 March 2025 taken on
record by the Board of Directors, none of the directors is disqualified as on 31 March 2025 from being
appointed as a director in terms of Section 164(2) of die Act.

f) Widi respect to die adequacy of the internal financial controls with reference to financial statements of die
Company and die operating effectiveness of such controls, refer to our separate Report in “Annexure B”.

(B) With respect to die odier matters to be included in the -Auditor’s Report in accordance with Rule 11 of the

Companies (Audit and Auditor’s) Rules, 2014, in our opinion and to the best of our information and

according to the explanations given to us:

a) The pending litigations by and against the company which would impact its financial position in its
financial statements as at31.03.2025 are disclosed in die financial statements. Refer Note. 5.1,18 and 25a
and 25b to the financial statements.

b) Ihe Company did not have any long-term contracts including derivative contracts for which there were
any material foreseeable losses.

c) There were no amounts which were required to be transferred to die Investor F.ducation and Protection
Fund by the Company.

d) (i) The management has represented that, to die best of its knowledge and belief, no funds have been
advanced or loaned or invested (either from borrowed funds or share premium or any odier sources or
kind of funds) by the Company to or in any odier persons or entities, including foreign entities
(“Intermediaries”), with the understanding, whether recorded in writing or odierwise, that the Intennediary
shall:

• direcdy or indirecdy lend or invest in other persons or entities identified in any manner whatsoever
(“Ultimate Beneficiaries”) by or on behalf of the Company or

• provide any guarantee, security or die like to or on behalf of die Ultimate Beneficiaries.

(ii) The management has represented, that, to the best of its knowledge and belief, no funds have been
received by die Company from any persons or entities, including foreign entities (“Funding Parties”),
with die understanding, whedier recorded in wanting or otherwise, that the Company shall:

• direcdy or indirectly, lend or invest in other persons or entities identified in any manner whatsoever
(“ Ultimate Beneficiaries”) by or on behalf of the Funding Party or

• provide any guarantee, security' or the like from or on behalf of the Ultimate Beneficiaries.

(iii) Based on such audit procedures as considered reasonable and appropriate in die circumstances,
nothing has come to our notice that has caused us to believe that the representations under
sub-clause (d) (i) and (d) (ii) contain any material mis-statement.

e) The Company has not declared / paid any dividend during the year. Hence, the compliance of the
provisions of sec 123 of the Act is not applicable.

f) Based on our examination which includes test checks, die Company, in respect of financial year commencing
on 1” April 2024, lias used an accounting software for maintaining its books of accountwhich has a
feature of recording audit trial (edit log) facility' and the same has been 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 audit trail feature being tampered with, in respect of die accounting software
where such feature is enabled.

(C) With respect to the matter to be included in the Auditors’ Report under section 197(16): In our opinion and
according to the information and explanations given to us, the remuneration paid by the company to its
directors during the current y'ear is in accordance wadi the provisions of Section 197 of the Act. The remuneration
paid to any director is not in excess of the limit laid down under Section 197 of the Act.

Place: Hyderabad For Suryanarayana & Suresh

Date: 29.05.2025 Chartered Accountants

Reg. No.00663 IS

Muralikrishna Pinamaneni

Partner

M. No. 224319

UDIN: 25224319BMK UTY6062