Birla Precision Technologies Ltd Auditor Reports

We have audited the accompanying standalone financial statements of Birla Precision Technologies

Limited("the Company"), which comprise the standalone Balance Sheet as at 31 March 2026, the standalone Statement of Profit and Loss (including

Other Comprehensive Income), the standalone Statement of Changes in Equity and standalone Statement of Cash Flows for the year ended on that date, and notes to the financialstatements, including a summary of the material accounting policies and other explanatoryinformation(hereinafterreferredtoas"the Financial Statements").

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone 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, asamended,("IndAS")andotheraccountingprinciples generally accepted in India, of the state of affairs of the

Company as at 31 March 2026, and profit and other comprehensive income, changes in equity and its cash flows for the year ended on that date.

We conducted our audit of the standalone financial statements 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 Auditors Responsibilities for the Audit of the standalone 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 Financial Statements undertheprovisionsoftheActandtheRulesthereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAIs Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone Financial Statements.

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the standalone Financial Statements of the current year. These matters were addressed in the context of our audit of the standalone 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.

The Companys management and Board of Directors are responsible for the other information. The other information comprises the information included in the Companys annual report but does not include the standalone financial statements and our auditors report thereon. The other information is expected to be made available to us after the date of this auditors report.

Our opinion on the standalone 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 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 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. The above information is not made available to us as at the date of this Auditors report. We have nothing to report in this regard.

The Companys Management and Board of Directors is responsible for the matters stated in Section 134(5) of the Act with respect to the preparation of these standalone 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 appropriateaccountingpolicies;makingjudgmentsand estimatesthatarereasonableandprudent;anddesign, 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 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 Financial Statements, the ManagementisresponsibleforassessingtheCompanys ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

TheBoardofDirectorsisalsoresponsibleforoverseeing the Companys financial reporting process.

Our objectives are to obtain reasonable assurance about whether the Financial Statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors 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 canarisefromfraudorerrorandareconsideredmaterial if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Financial Statements. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Obtain an understanding of internal financial control 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 with reference to financial statementsinplaceandtheoperatingeffectiveness of such controls.

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.

From the matters communicated with those charged with governance, we determine those matters that were of most significancein the audit of the Financial

Statements of the current period and are therefore the key audit matters. We describe these matters in our auditors report unless law or regulation precludes publicdisclosureaboutthematterorwhen,inextremely 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.

The comparative ended March 31, 2025, included in these financial statements, have been audited by predecessor Auditor, who expressed an statements vide their report dated May 23, 2025. Our opinion on the financial statements is not modified in respect of the above matter.

Order, to the extent applicable.

II. As required by Section 143(3) of the Act, based on our audit we report that: a) We have sought and obtained all the informationandexplanationswhichtothebest of our knowledge and belief were necessary for the purposes of our audit. b) In our opinion, proper books of account as requiredbylawhavebeenkeptbytheCompany so far as it appears from our examination of those books Further, the back-up of books of account and other books and papers of the Company maintained in electronic mode has been maintained on servers physically located in India on a daily basis. c) The balance sheet, the statement of profit and loss (including other comprehensive income), the statement of changes in equity and the statement of cash flows

Report are in agreement with the books of account. d) In our opinion, the aforesaid Financial

Statements comply with the Ind AS specified under Section 133 of the Act. e) On the basis of the written representations received from the directors as on 31 March 2026 taken on record by the Board of Directors, none of the directors are disqualified as on 31

March 2026 from being appointed as a director in terms of Section 164(2) of the Act.

f) With respect to the adequacy of the internal financial controls with reference to Financial

Companys internal financial controls with reference to the Financial Statement. g) Withrespecttotheothermatterstobeincluded in the Auditors 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.

III. With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, as amended, in our opinion and to the best of our information and according to the explanations given to us: a) The Company has disclosed the impact of pending litigations as at 31 March 2026 on its financial position in its Financial Statements -

Refer Note 31 of Financial Statements; b) The 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 the Investor Education and Protection Fund by the Company; d) (i) The Management has represented that, to the best of its knowledge and belief, no funds 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(s) or entity(ies), including foreign entities ("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;

(ii) The Management has represented, that, to the best of its knowledge and belief, no funds have been received by the Company from any person(s) or entity(ies), including foreign entities ("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 identifiedin any manner whatsoever by or on behalf of the Funding Party ("Ultimate

Beneficiaries") security or the like on behalf of the Ultimate

Beneficiaries; and

(iii) Based on audit procedures that we have 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 e) As stated in Note 32 to the Standalone Financial Statements (a) The dividend declared and paid by the Company during the year and until the date of this report is in compliance with Section 123 of the Act.

(b) The Board of Directors of the Company have proposed final dividend for the year which is subject to the approval of the members at the ensuing Annual General Meeting.Theamountofdividendproposed is in accordance with Section 123 of the Act, as applicable. f) Based on our examination, which includes test checks, the company has used accounting software for maintaining its books of accounts for the financial year ended March 31,2026, which has a feature of recording audit trail (edit log) facility and that has operated throughout the financial year for all relevant transactions recorded in the said software.

During the course of performing our procedures, we did not notice any instance of audit trail feature being tampered with, where such functionality was enabled and logs were maintained.

However, the audit trail records relating to the period prior to the migration of the accounting software on January

1, 2025, have not been preserved by the Company in accordance with the applicable statutory requirements for record retention.

Chartered Accountants ICAI Firm Registration No. 006711N/N500028

Partner Place: Mumbai Membership No. 104574 Date: May 29, 2026 UDIN: 26104574WTASDQ4858

B) The Company has maintained proper records showing full particulars of intangible assets. b) The Company has a program of physical verification of property, plant and equipment so to cover all the assets once every three years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the program, certain property, plant and equipment weredueforverificationduring the year and were physically verified by the Management during the year. According to the information and explanations given to us, no material discrepancies were noticedonsuchverification. c) According to information and explanation given us, the original title deeds of all immovable properties have been deposited with the banks as security for borrowings and were, therefore, not available for our inspection. Based on our examination of the photocopies of the title deeds and information and explanation provided by the management, the title deeds for such immovable properties are held in the name of the Company. d) The Company has not revalued any of its Property, plant and equipment and intangible assets during the year. e) As disclosed by the Management in note 42 (i) and as confirmed by us, no proceedings have been initiated during the year or are pending against the Company as at March 31, 2026 for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) (as amended in 2016) and rules made thereunder. ii. a) The inventories have been physically verified management during the year. In our opinion and based on information and explanations given to us, the coverage and procedure of such verification by the management is appropriate having 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 onsuchphysicalverificationof inventories. b) The Company has been sanctioned working capital limit in excess of 5 crores in aggregate during the year from banks or financial institutions on the basis of security of current assets and the quarterly returns/statements or revised statements are filed by the Company with such Banks or financial institutions are broadly in agreement with the books of accounts of the Company. iii. a) During the year, the Company has granted unsecured loan of Rs. 14.50 Crore to a related party. The aggregate amount outstanding in respect of loan granted to this related party as at 31 March

2026 is 29.50 crores plus interest accrued on the same of Rs. 4.08 Crores. b) The terms and conditions of the grant of the said loan are not prejudicial to the Companys interest. c) Pursuant to a rollover agreement made during the year, the repayment period of an existing loan of

15.00 crores granted to the related party in the previous year along with the interest accrued on the same of 2.87 Crore was extended for a further period of 365 days from the date of the rollover agreement. The repayment of loan granted during the year of 14.5 Crore has not fallen due during the year. d) There are no amounts of loans and advances in the nature of loans granted to companies, firms, limited liability partnerships or any other parties which are overdue for more than ninety days except loan given to the party mentioned in 3(iii)(e) below which was extended by way of the rollover agreement. e) During the year, the Company has extended the repayment period of loans granted in earlier years which had fallen due during the year. The aggregate amount of such dues extended by way of a rollover agreement and the percentage of the aggregate to the total loans granted during the year are as follows:

*Loans renewed/ extended are considered as fresh loans granted during the year for the purpose of reporting under this clause. f) The Company has not granted any loan, which is repayable on demand or without specifying any terms or period of repayment. iv. In our opinion, and according to the information and explanations given to us, the Company has complied with the provisions of section 186 of the Act in respect of loans and investments made and guarantees and security provided by it, as applicable. Further, the Company has not entered into any transaction covered under section 185 of the Act. v. The Company has neither accepted any deposits from thepublicnoracceptedanyamountswhicharedeemed to be deposits within the meaning of sections 73 to 76 of the Companies Act and the rules made thereunder, to the extent applicable. Accordingly, the requirement to report on clause 3(v) of the Order is not applicable to the Company. vi. We have broadly reviewed the books of account maintained by the Company pursuant to the rules made by the Central Government for the maintenance of cost records and are of the opinion that, prima facie, the prescribed accounts and records have been made and maintained. However, we have not made a detailed examination of the cost records with a view to determine whether they are accurate or complete.

vii. a) The amounts deducted / accrued in the books of account in respect of undisputed statutory dues including provident fund, employees state insurance, income tax, goods and service tax, cess and other material statutory dues have generally been regularly deposited by the Company with the appropriate authorities. As explained to us, the Company did not have any dues on account of sales tax, value added tax, duty of customs and duty of excise. Further, no undisputed amounts payable in respect of provident fund, employees state insurance, income tax, goods and service tax, cess and other material statutory dues were in arrears as at 31 March 2026 for a period of more than six months from the date they become payable. b) Details of statutory dues referred to in sub clause (a) above which have not been deposited as on March 2026 on account disputes are given below: (Rs in Lakhs)

viii. Therewerenotransactionsrelatingtopreviouslyunrecordedincomethathavebeensurrenderedordisclosedasincome during the year in the tax assessments under the Income Tax Act, 1961 (43 of 1961). ix. a) The Company has not defaulted in the repayment of loans or other borrowings or in the payment of interest thereon to any lender, during the year.

b) As disclosed by the management in note 42 (ix) and as confirmed to us, the Company has not been declared wilful defaulter by any bank or financial institution or government or any government authority. c) To the best of our knowledge and belief, in our opinion, the term loans availed by the Company during the year have been applied for the purpose for which they were raised other than temporary deployment of such funds pending final of proceeds; d) According to the information and explanations given to us, and the procedures performed by us, and on an overall examination of financials statement of the Company, funds raised by the Company on short term basis, have prima facie not been used during the year for long term purposes; e) In our opinion and according to the information and explanations given to us and on an overall examination of the standalone financial statements of the Company, the Company has not taken any funds from any entity or person on account of or to meet the obligations of its subsidiaries and associates.

f) In our opinion and according to the information and explanations given to us, the Company has not raised any loans during the year on the pledge of securities held in its subsidiaries and associate companies. x. a) The Company has not raised moneys by way of initial public offer or further public offer (including debt instruments) during the year and hence reporting under clause 3(x)(a) of the Order is not applicable. application b) During the year, the Company has converted 24,00,000 preferential warrants into equity shares at an issue price of 64 per warrant. In respect of the aforesaid allotment of equity shares, we further report that the Company has complied with the requirements of Sections 42 and 62 of the Companies Act, 2013. Based on our examination of records and information and explanations provided to us, the funds raised have been, prima facie, applied by the Company during the year for the purposes for which the funds were raised. xi. a) During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing practices in India, and according to the information and explanations given to us, we have neither come across any instance of material fraud by the Company or on the Company, noticed or reported during the year, nor have we been informed of any such case by the management. b) No report under sub-section (12) of section 143 of the Companies Act has been filed in Form

ADT-4 as prescribed under rule 13 of Companies (Audit and Auditors) Rules, 2014 with the Central Government, during the year and up to the date of this report. c) As represented to us by the Management, no whistle blower complaints have been received by the Company during the year. xii. The Company is not a Nidhi Company and hence reportingunderclause(xii)oftheOrderisnotapplicable. xiii. In our opinion, the Company is in compliance with section 177 and 188 of the Companies Act, 2013 with respect to all applicable transactions with the related parties and the details of related party transactions have been disclosed in the financial statements as required by the applicable accounting standards. xiv. a) In our opinion, the Company has an internal audit system commensurate with the size and nature of its business. As a measure of continuous improvement, the scope and coverage of the internal audit function may be further enhanced to include some more areas. b) We have considered, the internal audit reports issued to the Company during the year and covering the period upto March 31, 2026. xv. During the year, the Company has not entered into any non-cash transactions with its directors or persons connected with its directors, and hence provisions of section 192 of the Companies Act, 2013 are not applicable to the Company. xvi. The Company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934. Hence, reporting under clause (xvi)(a), (b), (c) and (d) of the Order are not applicable. xvii. The Company has not incurred any cash losses during the financial year covered by our audit and the immediately preceding financial year.

xviii. Ther has been no resignation of the statutory auditors duringtheyear.Accordingly,reportingunderparagraph 3(xviii) of the Order is not applicable to the Company. xix. According to the information and explanations given to us and on the basis of the financial ratios, ageing and expected dates of realization of financial assets and payment of financial liabilities, other information accompanying the financial statements, our knowledge of the Board of Directors and management plans and based on our examination of the evidence supporting the assumptions, nothing has come to our attention, whichcausesustobelievethatanymaterialuncertainty exists as on the date of the audit report that Company is not capable of meeting its liabilities existing at the date of balance sheet as and when they fall due within a period of one year from the balance sheet date. We, however, state that this is not an assurance as to the future viability of the Company. We further state that our reporting is based on the facts up to the date of the audit report and we neither give any guarantee nor any assurance that all liabilities falling due within a period of one year from the balance sheet date, will get discharged by the Company as and when they fall due. xx. a. According to the information and explanations given to us, the Company does not have any unspent amounts towards Corporate Social Responsibility in respect of other than ongoing project as at the end of the financial year. b. In respect of ongoing projects, the Company has transferredunspentCorporateSocialResponsibility (CSR) amount, to a special account before the date of this report and within a period of 30 days from the end of the financial year in compliance with the provision of section 135(6) of the Act. This matter has been disclosed in note 40 to the standalone financial statements.

Chartered Accountants ICAI Firm Registration No. 006711N/N500028

Partner Place: Mumbai Membership No. 104574 Date: May 29, 2026 UDIN: 26104574WTASDQ4858

Companys internal financial controls with reference to standalone financial statements based on our audit.

We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the "Guidance Note") and the Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls with reference to standalone financial statements, both issued by the ICAI.Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls with reference to financial statementswasestablishedandmaintainedandifsuch controls operated effectively in all material respects.

Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system with reference to standalone financial statements and their operating effectiveness. Our audit of internal financial controls with reference to standalone financial statements included obtaining an understanding of internal financial controls with reference to standalone financial statements, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financialstatements, whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Companys internal financial controls system with reference to standalone financial statements.

Chartered Accountants ICAI Firm Registration No. 006711N/N500028

Partner Place: Mumbai

Membership No. 104574

Date: May 29, 2026

UDIN: 26104574WTASDQ4858