I, Sobharani Nandury, Whole Time Director of Photon Capital Advisors Limited, having its registered office at Plot No.90-A, Road No.9, Jubilee Hills, Hyderabad-500 033, Telangana, hereby declare that, the Statutory Auditors of the Company M/s. M. Anandam & Co., Chartered Accountants, Hyderabad have issued an Audit report with unmodified opinion on the Annual audited standalone and consolidated financial statements for the year ended 31st March 2022. This declaration is issued in compliance of regulation 33(3)(d) of the SEBI( Listing Obligations and Disclosure Requirements) Regulations 2015 as amended vide circular No. CIR/CFD/CMD/56/2016 dated 27.05.2016.