Change in Statutory Auditors – Arcotech Limited

Outgoing Auditor

Name of the Resigning Firm: M/s. Amit Joshi & Associates, Chartered Accountants

Firm Registration Number: 004898N

Reason for Resignation: Completion of tenure. The firm completed their second term of five consecutive years as stipulated in their appointment.

Effective Date of Resignation: 29th September, 2026 (upon conclusion of the 45th Annual General Meeting)

Date of Resignation Letter: Not Specified

Duration in Role: Appointed at the 40th AGM held on 29th September, 2021 for a five-year term.

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed

Name of the New Audit Firm: M/s. Agarwal U R S & CO., Chartered Accountants

Firm Registration Number (FRN): 013910C

Term of Appointment and Validity: First term of 5 years, from the conclusion of the 45th AGM (29th September, 2026) until the conclusion of the 50th Annual General Meeting in 2031.

Interim Appointment or Subject to Shareholder Approval: Appointed with the approval of shareholders at the 45th Annual General Meeting held on 29.09.2026 through an Ordinary Resolution.

Qualifications or Professional Standing: Established in May 2007 with over 19 years of professional standing. Headquartered in Noida (Delhi NCR) with offices in Gurugram and international presence across 6 countries. The firm comprises 10 Partners and over 50 professionals. Empaneled with NSE/BSE and Indian Banks' Association (IBA) for forensic audits. Specializes in statutory audits, Ind AS/IFRS reporting, corporate taxation, and risk assurance across manufacturing, services, and financial sectors.

Regulatory Compliance Statement

Disclosure Basis: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III.

Delay in Disclosure: Not Specified

Board / Committee Meeting Details

Date and Name of the Meeting: 45th Annual General Meeting held on 29th September, 2026.

Resolutions or Approvals: The appointment was put to vote as an Ordinary Resolution and passed with the required number of votes.

Annexures / Firm Profiles

Summary of Incoming Audit Firm’s Experience: Multi-disciplinary firm with over 19 years of experience serving prominent clients and major public sector banks. Specializes in statutory audits, Ind AS/IFRS reporting, corporate taxation, and risk assurance.

Any Declarations or Eligibility Confirmations: Not Specified

Disclosure of relationship between Directors: Not Applicable

Other Corporate Information

Not Specified