Change in Statutory Auditors – Dhanlaxmi Bank Limited

Outgoing Auditor

Not Specified

Replacement Appointed

Name of the New Audit Firm: M/s. Abraham & Jose, Chartered Accountants, Thrissur and M/s G Natesan & Co., Chartered Accountants, Chennai

Firm Registration Number (FRN): Abraham & Jose - FRN-000010S; G Natesan & Co. - FRN No 002424S

Term of Appointment and Validity: The appointment is for the period commencing from the conclusion of the 99th Annual General Meeting to the conclusion of the next Annual General Meeting of the Bank.

Interim Appointment or Subject to Shareholder Approval: Appointment was approved by shareholders at the 99th Annual General Meeting held on Wednesday, September 23, 2026.

Qualifications or Professional Standing:

M/s. Abraham & Jose, Chartered Accountants, Thrissur:

  • Firm has 53 years of audit experience including 30 years experience as Statutory Central Auditors
  • Former Statutory Central Auditors of various private/public sector banks including Federal Bank Limited, Indian Overseas Bank, South Indian Bank Limited, The Catholic Syrian Bank Limited (presently CSB Ltd.) and erstwhile State Bank of Travancore and Andhra Bank
  • Conducted statutory branch audits of various public and private sector banks
  • Conducted statutory audits of various State and Central PSUs including miniratna undertakings
  • Undertaken audits of insurance companies, concurrent audits of banks, audits of various NGOs
  • Provided internal audits and management consultancy services

M/s. G Natesan & Co., Chartered Accountants, Chennai:

  • Firm has 75 years of audit experience including 5 years experience as Statutory Central Auditors and 27 years as Statutory Branch Auditors
  • Former Statutory Central Auditors of Indian Bank and erstwhile State Bank of Hyderabad
  • Undertaken audits of insurance companies, concurrent audits of banks, public sector undertakings
  • Conducted audits of various NGOs/charitable organizations and insurance companies

Regulatory Compliance Statement

Prior approval obtained from Reserve Bank of India for the appointment, vide letter no. DOS.RPD.No. S3063/08.08.005/2026-27 dated July 23, 2026.

Disclosures provided as required under SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3 762/2026 dated January 30, 2026.

Both firms have confirmed their eligibility to be appointed as Joint Statutory Central Auditors in terms of Section 141 of the Companies Act, 2013 and the applicable rules and as per the guidelines of RBI.

Board / Committee Meeting Details

Approval obtained at the 99th Annual General Meeting held on Wednesday, September 23, 2026.

Annexures / Firm Profiles

Detailed profiles of both audit firms provided in the disclosure, including their experience, previous clients, and areas of specialization.

Other Corporate Information

Corporate Office: Dhanlaxmi Bank Limited, Corporate Office, Punkunnam, Thrissur, Kerala-680 002

Corporate Identity No: L65191KL1927PLC000307

Customer care e-mail Id: customercare@dhanbank.co.in

Customer Care No: 044-42413000