Om Infra Ltd

Letter to Stakeholders

DearShareholders,

It gives me pleasure to present the financial report of your company for the year 2016-2017

The global economy has showed signs of recovery and the growth rates are starting to move upas compared to the previous year. India has shown resilience which is expected to continue its growth trajectory with an estimated growth rate of 7.2% in 2017. Infrastructure is the backbone of the country's economic growth and it will continue to drive growth going ahead based of various infrastructure development initiatives taken by the government. Your company's focus on Infrastructure and real estate development in one of the fastest growing economies of the world

i.e. India, is expected to create a huge basket of opportunities for the coming years.

We believe the recent reforms implemented by the Government especially the demonetisation which happened in November last year and GST reform this year is structurally positive forthe Indian economy.

Demonetization will ensure a better and a digitally driven financial ecosystem while GST will make the indirect tax structures uniform across India. These two reforms will surely go a long way in strengthening the Indian economy in the medium to long term. I can assure you all that the overall impact of these two initiatives will be insignificant to our company.

The infrastructure development opportunities in the country have led to your company winning new projects to the tune of Rs.400 crores in Financial year 2016-2017. The new project wins includes Rs.150 crores from irrigation/hydro power projects. Your company is geared up well to secure more projects in the years to come based on the strong track record.

The company being the leader in the hydro-mechanical segment continues to strive for creating and enhancing shareholders value by entering into strategic joint ventures and acquisitions. The company has also initiated a strategy to re-align its corporate structure by exiting few of its non-core businesses/assets.

The company continues to lookforfurther opportunities in new profitable ventures like Const ruction and Operations of Food Grain Silos, Constructions of Smart Cities and Manufacturing of bottle caps in the Packaging segment.

The company continues to take efforts towards the development of the society and environment will continue to do so with the same attitude fortheforeseeable future.

All of the above is the result of the dedication shown by our staff and the management team at Om Metals Infraprojects Ltd. Our promotion of young talent has resulted in gathering an excellent team of professionals who brought their comprehensive expertise to benefit our company. We truly believe that, a company's strength and success lies on the hands behind it. Therefore, we have ensured that our young employees gain ample opportunities for personal and professional growth.

We would also like to place on record our renewed appreciation for unending trust and undiluted support of our customers, shareholders, lenders and vendors shown towards the company.

On your behalf as well as on behalf of the Board of Directors, I whole heartedly admire the integrated efforts of the employees of Om Metals Infraprojects Limited on another good performance and pursuing their goal to establish trust amongst you during the year FY17.1 would like to thank all of you for your constant presence and garnered interest in the Company.

We look forward to a successful year ahead!

Thankyou.