Change in Statutory Auditors – Airo Lam Limited

Outgoing Auditor

Name of the Resigning Firm: M/s. Piyush J. Shah & Co., Chartered Accountants

Reason for Resignation: Due to pre-occupation in other assignments, the firm is not in a position to devote time to the affairs of the Company.

Effective Date of Resignation: June 25, 2026

Date of Resignation Letter: June 25, 2026

Duration in Role: The firm was reappointed by members of the company in the AGM held on September 29, 2021, to hold office until the conclusion of the Annual General Meeting for the year 2026.

Board’s Acknowledgment / Statement: The resignation is subject to discussion and approval by the Audit Committee and Board of Directors of the Company in their forthcoming meetings.

Regulatory Compliance Statement: The intimation is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with sub-clause (7A) of Clause A in Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The annexure format follows SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019.

Delay in Disclosure: Not Specified

Incoming Auditor

Name of the New Audit Firm: Not Specified

Firm Registration Number (FRN): Not Specified

Term of Appointment and Validity: Not Specified

Interim Appointment or Subject to Shareholder Approval: Not Specified

Qualifications or Professional Standing: Not Specified

Financial Implications: Not Specified

Board / Committee Meeting Details

Date and Name of the Meeting: Forthcoming meetings of the Audit Committee and Board of Directors. Specific dates not provided.

Resolutions or Approvals: The resignation is subject to discussion and approval by these committees.

Annexures / Firm Profiles

Summary of Incoming Audit Firm’s Experience: Not Specified

Any Declarations or Eligibility Confirmations: Not Specified

Additional Information

The outgoing auditor confirmed:

  • No disputes with the management
  • No concerns relating to suppression of information by management
  • Completion of all audit assignments for the year ended March 31, 2026 (audit report submitted on May 27, 2026)
  • No prior efforts were made to approach the Audit Committee/Board regarding concerns (nil reported)

Auditor Contact Information:

Office: 404-504, Shikhar Building, Nr. Vadilal house, Netaji Marg, Mithakhali Cross Road, Navrangpura, Ahmedabad-380009

Branch Office: 8-503, 9 Square, Nanamava Circle, Nr Marvadi Broker, Rajnagar Main Road, Rajkot-360003

Company Address: Survey No. 355, Nananpur Road, N.H. NO. 8, Village- Dalpur, TA. Prantij, Gujarat, 383120