Company Update

MUMBAI | PUNE | DELHI | AHMEDABAD | KOLKATA | BANGALORE formerly known as “Silicon Rental Solutions Private Limited” CIN No: L74999MH2016PLC272442 Contacts: Pune Office: Mumbai HO: New Delhi Office: +91 90825 60851 Pratik Nagar, No. 1 Mohini Heights, 55/14, 1st Floor, +91 98200 86270 1st Floor, Paud Rd, Kothrud, Unit No. 5, 5th Rd, Khar Umrao House, Paschim Vihar, Pune- 411038 (MH) Mumbai- 400052 (MH) New Delhi- 110063 Email: sales@silicongroup1.com Date: 09th June, 2025 To, The Secretary Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. Maharashtra, India.

Scrip Code: 543615 Trading Symbol: SRSOLTD Dear Madam/Sir(s), Subject: Submission of certificate of the statutory auditor for utilization of money raised through the preferential issue of Equity shares and convertible warrants.

Dear Sir/ Madam, In continuation to the submission of Financial Results of the Company for the half year and financial year ended 31.03.2025 to the Stock Exchange vide letter dated 28.05.2025, please find enclosed certificates of the statutory auditor for utilization of money raised through the preferential issue of (i) Equity shares and (ii) convertible warrants, for the half year ended on 31st March, 2025, pursuant to Regulation 262(6) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. You are requested to take the aforesaid information on your record.

Thanking you Yours faithfully, For Silicon Rental Solutions Limited Sanjay Harish Motiani Managing Director DIN: 07314538 Encl: A/a Sanjay Harish Motiani Digitally signed by Sanjay Harish Motiani Date: 2025.06.09 18:57:05 +05'30' ----------------Page (0) Break---------------- Vinod Kumar Jain & Co Chartered Accountants 106, Western Edge-Il, A Wing, Off Western Express Highway, Borivali (East), Mumbai - 400 066. « Tel.: 48791000 E-mail: info@cavinodjain.com « Web: www.cavinodjain.com 28h May, 2025 To, The Board of Directors of SILICON RENTAL SOLUTIONS LIMITED Mumbai.

DearsSir, Ref: Statement of Deviation or variation for the year ended March 31,2025, on the use of Proceeds funds raised through Preferential Issue of Equity Shares & Convertible Warrants The accompanying Annexure ‘1’ contain statement of deviation/variation in utilization of funds raised and details of manner of the utilization of issue proceeds of Preferential Issue of Equity Shares & Convertible Warrants as stated in Extra Ordinary general meeting held on 23rd October, 2024. The company has issued 11,47,200 equity shares of 10 each at a premium of 212 each aggregating to 25,46,78,400/- as Preferential Issue on 15th January, 2025 and 5,50,400 Convertible Warrants of Rs. 10/- each at a premium of 212 on 15th January, 2025., against which company has received 25% of warrant price i.e.

Rs.3,05,47,200/-. Management's Responsibility for the Statement 1. The preparation of the statement is the responsibility of the Management of the Company.

This responsibility includes designing, implementing and maintaining internal control relevant to the preparation and presentation of the Statement, and applying an appropriate basis of preparation; and making' estimates that are reasonable in the circumstances.

2. The Management is also responsible for ensuring that the Company complies with the requirements of utilization of funds, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("ICDR"), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR") and for providing all relevant information to the Securities and Exchange Board of India ("SEBI"). ----------------Page (1) Break---------------- Auditor's Responsibility 3. Pursuant to the requirements of the LODR, it is our responsibility to obtain reasonable assurance and form an opinion as to whether the Statement isin agreement with the audited financial statements for the year ended March 31, 2025 and books and records of the Company.

4. The financial statements referred to in paragraph 5 above, have been audited by us on which weissued an unmodified audit opinion vide our reports dated May 28, 2025. Our audits of these financial statements were conducted in accordance with the Standards on Auditing and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India.

Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.

Our audits were not planned and performed in connection with any transactions to identify matters that may be of potential interest to third parties.

5. We conducted our examination of the Statement in accordance with the Guidance Note on Reports or Certificates for Special Purposes (Revised 2016) issued by the Institute of Chartered Accountants of India.

The Guidance Note requires that we comply with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of India.

6. We have complied with the relevant applicable requirements of the Standard on Quality Control (SQC) 1, Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements.

Opinion 7. Based on our examination as above, and the information and explanations given to us, in our opinion, the Statement is in agreement with the audited financial statements and books of account for the year ended of the Company and fairly presents, inall material respects, the manner of the utilization of funds stated in the extra general meeting held on 23'¢ October, 2024. ----------------Page (2) Break---------------- Restriction on Use 8. This certificate is addressed to and provided to the Board of Directors of the Company solely for the purpose of enabling it to comply with its obligations under LODR to submit the accompanying statement to the audit committee accompanied by a certificate thereon from the statutory auditors andshould not be used by any other person or for any other purpose.

Accordingly, we do not accept orassume any liability or any duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may come without our prior consent in writing.

For Vinod Kumar Jain & Co. Chartered Accountants FRN No: 111513W Vinod Digtallysigned by Vinod Kumar Kumar sain X Date: 20250528 Jain 182413 40530 Vinod Kumar Jain Proprietor (M.no: 036373) UDIN: 25036373BMIPQW5657 Place: Mumbai ----------------Page (3) Break---------------- Annexure- | Statement of Deviation/ Variation in utilisation of funds raised (Amount in Rs) Name of the Listed Entity Silicon Rental Solutions Limited Mode of Fund Raising Preferential Issue (Equity shares) Type of Instrument Equity Share Se | | Date of Raising Funds (Date of Allotment) 15.01.2025 o |Amount Raised 2546,78400/- | | Report filed for year ended March 31,2025 | Monitoring Agency ' Monitoring- Agency Name, if applicable Not Applicable Not Applicable | Is there a Deviation /Variation in use of funds raised No If yes, whether the same is pursuant to | change in terms of a contract or objects, 1 which was approved by the shareholders | If Yes, Date of shareholder Approval Not Applicable Not Applicable Explanation for the Deviation /Variation Not Applicable Comments of the Audit Committee after review Not Applicable Comments of the auditors, if any NIL Obijects for which funds have been raised and where there has been a deviation, in thefollowing table Amount of Deviation/ i ifi Variati Original Mo_d'fiefi Original ] !Ed Funds Unutilized ariation for Remarks, if = Object, if A allocation, e the quarter Object Allocation 7 Utilized amount . any any if any according to applicable object cenitel NA |12,80,86720| NA 0 12,80,86,720 NA NA Investment ----------------Page (4) Break---------------- Long term working capital NA 10,10,00,000 NA 10,10,00,000 ] General Corporate Purpose NA 2,55,91,680 NA 2,55,91,680 [¢] Such other objects, as the Board may from time to time NA 0 NA 0 0 decide in the best interest of the Company Total NA 25,46,78,400 12,65,91,680 | 12,80,86,720 Deviation or variation could mean : a. Deviation in the objects or purposes for which the funds have been raised or b. Deviation in the amount of funds actually utilized as against what was originally disclosed or c. Change in terms of a contract referred to in the fund-raising document i.e. letter of offer,etc For Vinod Kumar Jain & Co. Chartered Accountants FRN No: 111513W i Digial sgned Vinod by Vinod Kumar Kumar sin = Date: 20250528 Jain 183114940530 Vinod Kumar Jain Proprietor (M.no: 036373) Date: 28/05/2025 Place: Mumbai ----------------Page (5) Break---------------- Annexure- Il Statement of Deviation/ Variation in utilisation of funds raised Name of the Listed Entity Silicon Rental Solutions Limited Mode of Fund Raising Preferential Issue (Convertible Warrant) Type of Instrument Convertible Warrant Monitoring Agency Date of Raising Funds (Date of Allotment) 15.01.2025 | Amount Raised _ 13,0547,200/- Report filed for year ended March 31,2025 i Not Applicable Monitoring- Agency Name, if applicable Not Applicable Is there a Deviation /Variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders Nor Not Applicable IfYes, Date t;?shareholder Approval Not Applicable Explanation for the Deviation /Variation Not Applicable Comments of the Audit Committee after review Not Applicable Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation, in the following table Amount of Deviation/ ifi ifi Variation for Original Mo_dmefj Original MOd‘f!ed Funds | Unutilized ki Remarks, if Object Object, if Allocation cll== ), Utilized amount heluarted any S any S ifany according to applicable object Capital NA | 3,0547,200 NA 0 3,05,47,200 NA NA ----------------Page (6) Break---------------- Investment Long term working NA 0 NA 0 0 capital General Corporate NA 0 NA 0 0 Purpose Such other objects, as the Board may from time to time decide in the best interest of the Company NA 0 NA 0 0 Total NA 3,05,47,200 NA 0 3,05,47,200 NA Deviation or variation could mean: a. Deviation in the objects or purposes for which the funds have been raised or b. Deviation in the amount of funds actually utilized as against what was originally disclosed or ¢. Change in terms of a contract referred to in the fund-raising document i.e. letter of offer, etc. For Vinod Kumar Jain & Co. Chartered Accountants FRN No: 111513W Kumar Jain Jain 183533 40530 Vinod Kumar Jain \0' Proprietor (M.no: 036373 Date: 28/05/2025 Place: Mumbai ----------------Page (7) Break----------------