Forensic investigation report

Private and confidential · Prepared for the Audit Committee

REPORT OF INDEPENDENT FORENSIC INVESTIGATION
into certain vendor payments
Shrinath Alloys Private Limited
CIN: U27100UP2009PTC0[Last five digits of the company's CIN] · Registered office: [Plot 42, Site IV Industrial Area, Sahibabad, Ghaziabad 201010]

Report no. [FIN/FOR/2026-27/017] · Date: [24 September 2026] · Pages 1 to [Total pages including annexures] including annexures
UDIN: [26XXXXXXAAAAAA0000]

Addressed to

The Chairperson, Audit Committee
Shrinath Alloys Private Limited

1 · Instructions, authority and scope

1.1 We were appointed by resolution of the Board of Directors passed at its meeting held on [12 June 2026], on the recommendation of the Audit Committee, to conduct an independent forensic investigation. Our engagement letter dated [16 June 2026] was accepted by the Chairperson of the Audit Committee on [Date the Audit Committee Chairperson accepted the letter]. Mr [Name of director who recused himself], Director, recused himself from the deliberation and did not vote.