We have audited the accompanying standalone financial statements
of Consolidated Construction Consortium Limited (“the
Company'), which comprise the balance sheet as at March 31,2026,
the standalone statement of profit and loss (including other
comprehensive income), the standalone statement of changes in
equity, the standalone statement of cash flows for the year then ended,
and notes to the standalone financial statements, including a summary
of material accounting policies and other explanatory Information
In our opinion and to the best of our information and according to the
expirations given to us, except for the possible effects of the matter
described in the Basis for Qualified Opinion section of our report, the
aforesaid standalone financial statements give the Information
required by the Companies Act, 2013, as arnended(the 'Act') In the
manner so required and grve 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 the accounting principles generally
accepted m India, of tho state of affairs of tho Company as at March 31,
2026. and its profitand other comprehensive Income, changes in
equity and its cash flows for the year ended on i hat date

Basis forQualified Opinion

a We draw attention to Note No. 42(a) with respect to non-reco-pt of
confirmation and consequential reconciliation of balances from
loans and advances, sundry creditors and other liabilities
Pending receipt of confirmation of these balances and
consequential reconciliations / adjustments, if any. the resultant
impact on tho standalone financial statement is not
ascertainable

b We report that the Company has not provided US with sufficient
and appropriate audit evidence relating to the Identification ol
micro and snail enterprises and tho dues thereon Further the
Company does not provide for Interest on duos to the micro and
small enterprises as required under the Micro. Small and Medium

Enterprises Development Act, 2006. Considering the non-
kfonlification of the micro and small vendors, we are unable to
comment on tho completeness of tho same and its impact on tho
standalone financial statements and its impact on the profit for
the year

c We refer to Note No. 42(b)to the standalone financial statements
regarding non-estimation and provision for the interest and
penalty with respect to the earlier years statutory dues paid In the
preceding year under the provisions of the respective statutes
Accordingly we are unable to comment on the (xissibla Impact
thereof on the profit for the yeai and on tiro carrying value of
liabilities as at the year ond

We conducted our audit in accordance with the Standards on Auditing
(SA5) specified under section 143{10) of the Act. Our responsibilities
under these Standards are further described in the Auditor's
Responsibilities tor 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 ttial ate relevant to our audit of tho standalone financial
statements under the provisions of the Act and the Rules thereunder,
and we nave fulfilled our other ethical responsibilities in accordance
wilh these requirements and trie ICAI's Code of Ethics Wu believe
ilval the audit evidence we have obtained is sufficient and appropriate
to provido a basis for our opinion on the qualified standalone financial
statements
Key Audit Matters

Kuy audit mailers are those mutters Dial, in our professional
judgment, wore of most significance in our audit of the standalone
financial statements of tho current period. These matters were
addressed in the context of our audit of the standalone financial
statements as a whole, and in forming ouropinion thereon, and we do
not provide a separate opinion on these matters In addition to the
matter described in the Basis for Qualified Opinion paragraph, we
have determined the matter described below to be the key audit
matters to be com municeted in our report

Other Information other than the Standalone Financial
StatemontB and Auditor's Report thereon

The Company's Board of Directors is responsible for the other
informalion The other information comprises the information Included
in the Management Discussion and Analysis, Board's Report including
Annoxures to Board's Report, Business Responsibility Report, Reporl
onCorporate Governance and Shareholder's Information, but does
not include the standalone financial statements and our auditor's
report thereon These reports are expected to be made available to us
after tho date* of this auditor's report.

Oar 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 financial statements, our
responsibility is to road the other information dontifiod above whon n
becomes avail able and, in doing so and in doing so. consider whether
the other information is materially inconsistent with the financial
statements, or our knowledge obtained In audit or otherwise appears
io be matenaily misstateo

When we read Iho other information, if we conclude that there is a
material misstatement therein, we are required lo communicate the
matter to those charged with governance and lake appropriate
actions.

Responsibilities of Management and Those Charged with
Governance for the Standalone Financial Statements

The Company's Board of Directors is responsible for Ihe matters
stated in section 134(5) of the Ad with respect to the preparation ol
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, includ.ng the Indian Accounting Standards (Ind AS)
specified under section 133 of the Ac! read with Ihe Companies (Indian
Accounting Standards) Rules. 2015. as amended. This responsibility
also includes maintenance of adequate accounting records in
accordance with the provisions of the Act for safeguarding Ihe 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 ol adequate
internal financial controls, that were operating effectively lar ensuring
the accuracy and completeness ol Ihe accounting records, relevant lo
trie preparation and presentation of the standalone financial
statements that give o true ond fair v;ew and are froo from material
misstatement. whether duo to fraud or error.

In preparing the standalone financial statements, the management
and the Board of Directors are responsible for assessing the
Company's ability tn 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 todoso

Tho Board of Directors are aiso responsible for overseeing tho
company's financial reporting process

Auditor's Responsibilities for the Audit of tho Standalone
Financial Statements

Our objectives are to obtain reasonable assurance about wbothor the
standalone financial statements as a whole are free from material
misstatement, whether duo to fraud or error, and to issue an auditor's
report that includes our opinion. Reasonable assurance is a high ^:evel
of assurance, hut is not a guarantee tnat 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 financial statements

As part of an audit in accordance with SAs. wo oxerciso professional
judgment and maintain professional skepticism throughout the audit
WeoJso:

• Identify and assess the risks of material misstatement of the
standalone 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 ol not detecting a
material misstatement resulting Irem 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 tntomai control relevant to tho audit
in order to design audit procedures that are appropriate in the
circumstances. Under Section 143(3)(l) of Ihe Act we are also
responsible for expressing our opinion on whether the Company
has adequate internal financial controls with reference to
standalone financial statements in place 8nd 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 appropnateness of the management and Beard
of Directors 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 3 going
concern If we conclude that a material uncertainty exists, we are
required to draw attention in our auditor's report to thu related
disclosures in tire standalone 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
standalone financial statements, including the disclosures, and
whether the standalone financial stalements represent the
underlying transactions and events in a manner Hurt achieves fan
presentation

We communicate with Ihose 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 dunng aur audit.

We also provide thosa charged with governance with a statement that
wo have complied with relevant ethical requirements regarding
Independence, and to communicate with them all relationships and
othor matters that may reasonably bo thought to bear on our
independence, and where applicable, related safeguards

From the matters communicated with those charged with governance,
we determine Ihose matters that were of roost significance In the audit
of the standalone financial statements of the current period and are
tlieiofore the key audit matters We describe these matters in our
auditor's report unless law or regulation precludes public disclosure
about the matter or whon, in extremely rare circumstances, we
determine that a matter should not bo communicated in our report
because tho adverse consequences of doing so would reasonably be
expected to outweigh the public Interest benefits of such
communication.

Report on Other Legal snd Regulatory Requirements

1 As required by the Companies (Auditor's Report) Order, 2020
(“the Order*;. issued by tne Centra; Government of India In terms
of sub-section (11) of section 143 of trio Act, we give in Iho
‘Annexuro A", a statement on tho matters specified in
paragraphs 3 and A of tho Order, to tho extent applicable

2. As required by Section 143(3) of the Act, we report that

(a) We have sought and except, for the possible etter.t matter
described m trio Basis for Qualified Opinion section above,
obtained all tho Information and explanations which to Iho
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 law
have been kepi by the Company so far as :t appears from our
examination of those books, except for the matters stated in
the paragraph (h) (vi) below on reporting under Rule 11(g),

(c) The standalone balance sheet, the standalone statement of
profit and loss (including other comprehensive income), the
standalone statement of changes In equity and the
standalone statentenl of cash flows deal! with by this Report
ore in agreement with the books of account:

(d) In our opinion, except, for the possible effect of the matter
described in the Basis for Qualified Opinion section above,
tho aforesaid standalono financial statements comply with
the Ind AS specified under Section 133 of the Act. read with
the Companies (Indian Accounting Standards) Rules. 2015.
as amended.

(e) On the basis of the wntten representations received from the
directors as on March 31,2026 taken on record by the Board
of Directors none of the directors are disqualified as on
March 31. 2026 from being appointed as a director In terms
of Section 164(2)ofthcAct;

(f) With respect to tha adequacy of the internal financial
controls with reference to standalone financial statements of
the Company and the operating effectiveness of such
controls, refer to our separate Report in 'Annexure B Our
repod expresses andlsclaimer opinion on the adequacy and
operating effectiveness of the Company s internal financial
controls with reference to standalone financial statements;

(g) With respect to the mutter to bo mduded in the Auditor's
Report under Section 167(16) of the Act. in our opinion,
according to the information and explanation given to us, the
remuneration paid by the Company to its directors during the
year is in accordance with tho provisions of section 197 read
with Scnedufe V of the Act; and

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

I. The Company has disdosed U»e Impact of pending
litigations on ns financial position In its standalone
financial statements - Refer Note No 41(a) to the
standalone financial statements.

Ii The Company dkl not have any long-term contracts
including derivative oontrads for which there were any
material foreseeable tosses.

ii. Tnere were no amounts which were required to be
transferred to the Investor Education and Protection
Fund by the Company

Iv. (a) Tho management has represented 11 tot. to the
best of its knowledge and belief, no funds have
been advanced or loaned or Invested (either Irom
borrowed funds or share premium or any olltei
sources or kind of funds) by tho Company to or In
any other persons or entities, including foreign
entities (‘Intermediaries’). with the
understanding, whether recorded in writing or
otherwise, tnat the Intermediary shall directly or
indirectly lend or invest in ottier t>ersons or entities
identified in any manner whatsoever ("Ultimate
Beneficiaries") by or on behalf of the Company, or
provide any guarantee, security or the like on
behalf of the Ultimate Beneficiaries.

(0) The management has represented, that, to tne
best of it's knowledge and belief, nc funds have
been received by the Company from any persons
or entities including foreign entities (‘Funding
Parries’), with the understanding, whetner
recorded in wnting or otherwise, that the company
shall,directly or indirectly lend or invest in other
persons or entities Identified In any manner
wlwtsoever by or on behalf of the Funding Party
(‘Ultimate Beneficiaries") or provide any
guarantee, security or tho like on behalf of tho
Ultimate Beneficiaries.

(c) Based on audit procedures that have been
considered reasonable snd appropriate in the
circumstances, nothing has come to our notice
that has caused us to believe that the
representations under sub-clause (i) and (H) ot
Rule 11(e)conlain any material mis-statement

v The Company has neither declared nor paid any
dividend dui mg the yeat

vl Based on our examination, the accounting software
used by the Company for maintaining its books of
account during the year ended March 31. 2026 did not
have a feature of recording audit trial (edit log) facility.
Also rolei Note No. 5b to the standalone financial
statements.

For ASA & Associates LLP
Chartered Accountants

ICAI Firm Registration No- 009571N/N500006

G N Ramaswaml

Place: Chennai Partner

Date : April 28,2026 Membership No. 202363

war? UDIN: 26202363EFKNZP1161