We have audited the accompanying financial statements of Omega
Interactive Technologies Limited (the “Company”), which comprise
the Balance Sheet as at March 31, 2024, the Statement of Profit and
Loss (including Other Comprehensive Income), the Statement of
Changes in Equity and the Statement of Cash Flows for the year ended
on that date and notes to the financial statements, including a
summary of material accounting policies and other explanatory
information (hereinafter referred to as the “ Financial Statements”).

In our opinion and to the best of our information and according to
the explanations given tous, except for the possible effects of the matters
described in the Basis for Qualified Opinion section of our report, the
aforesaid 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, (“Ind AS”) and other
accounting principles generally accepted in India, of the state of affairs
of the Company as at March 31, 2024 and its loss, total comprehensive
income, changes in equity and its cash flows for the year ended on that
date.

Basis for Qualified Opinion

Attention is drawn to:

a) The Company has exceeded the borrowing limits beyond the limits
specified under section 180 (1) (c) and other applicable provisions of
the Companies Act 2013.

b) The Company has given loans and advances in the nature of loans
exceeding the limits specified under section 186 of the Companies
Act,2013.

c) The Company has not made appointment of Company secretary as at

Balance Sheet date

We conducted our audit of the Financial Statements in accordance with
the Standards on Auditing (“SA"s) specified under section 143(10) of the
Act. Our responsibilities under those Standards are further described
in the Auditor’s Responsibilities for the Audit of the 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 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 ICAI’s Code of Ethics. We believe that the audit
evidence obtained by us is sufficient and appropriate to provide a basis
for our qualified audit opinion on the Financial Statements.

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, e
have determined the matters described below to be the key audit
matters to be communicated in our report.

Information Other than the Financial Statements and Auditor’s
Report thereon

The Company’s Board of Directors is responsible for the other
information. The other information comprises the information included

Auditor’s Responsibilities for the Audit of the Financial Statements

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
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 Financial
Statements.

As part of an audit in accordance with SAs, we exercise professional
judgment and maintain professional scepticism throughout the audit.

We also:

• Identify and assess the risks of material 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 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
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 the 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 Financial Statements or, if
such disclosures are inadequate, to modify our opinion. Our
conclusions arc 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
Financial Statements, including the disclosures, and whether the
Financial Statements represent the underlying transactions and

events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the Financial
Statements that, individually or in aggregate, makes it probable that the
economic decisions of a reasonably knowledgeable user of the 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 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 financial
controls 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 Section 143(3) of the Act, based on our audit we

report that:

a) We have sought and obtained all the information and
explanations except for the effects of the matter described in the
‘Basis of Qualified Opinion’ paragraph above, which to the best of
our knowledge and belief were necessary for the purposes of our
audit.

h) Except for the effects of the matter described in the ‘Basis of
Qualified Opinion’ paragraph above, in our opinion, proper books
of account as required by 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) Except for the effects of the matter described in the ‘Basis of

Qualified Opinion' paragraph above, 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 March 31, 2024 taken on record by the Board of
Directors, none of the directors is disqualified as on March 31,
2024 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 Statements of the Company and the
operating effectiveness of such controls, refer to our separate
Report in “Annexure A”. Our report expresses unmodified
opinion on the adequacy and operating effectiveness of the
Company’s internal financial controls with reference to Financial
Statements.

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, as amended, in our opinion and to the
best of our information and according to the explanations given
to us:

i. The Company do not have pending litigations.

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 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. Dividend:

(a) The Company has not declared interim dividend during
the year.

(b) The Board of Directors of the Company have not proposed
any dividend in the immediately preceding previous year
and for the year.

vi. Based on our examination, which included test checks, the
Company has used accounting softwares for maintaining its
books of account for the financial year ended March 31,
2024 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 softwares. Further,
during the course of our audit we did not come across any
instance of the audit trail feature being tampered with.

As proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014
is applicable from April 1, 2023, reporting under Rule 11(g) of
the Companies (Audit and Auditors) Rules, 2014 on preservation
of audit trail as per the statutory requirements for record
retention is not applicable for the financial year ended March 31,
2024.

2. As required by the Companies (Auditor’s Report) Order, 2020 (the
“Order") issued by the Central Government in terms of Section

143(11) of the Act, we give in “Annexure B” a statement on the
matters specified in paragraphs 3 and 4 of the Order.

For Desai Saksena & Associates

Chartered Accountants

Firm’s registration number: 102358W

*

Alok.K. Saksena
Partner

Membership number: 35170
Mumbai, Date: 26^th July 2024
UD1N: 24035170BKARRJ9466