Change in Statutory Auditors – Indus Fila Limited

Outgoing Auditor

Name of the Resigning Firm: Not Specified

Reason for Resignation: Not Specified

Effective Date of Resignation: Not Specified

Date of Resignation Letter: Not Specified

Duration in Role: Not Specified

Board's Acknowledgment / Statement: Not Specified

Replacement Appointed

Name of the New Audit Firm: M/s CAAG and Associates, Chartered Accountants

Firm Registration Number (FRN): 0124944W

Term of Appointment and Validity: Term of five consecutive financial years (2026-27 to 2030-31)

Interim Appointment or Subject to Shareholder Approval: Appointment approved by shareholders at 27th Annual General Meeting held on July 30, 2026

Qualifications or Professional Standing:

  • CA Laxminarayan Attal: Senior Partner and Mentor with over four decades of experience in direct and indirect tax advisory, transaction structuring, corporate reorganization, project financing, and arbitration. Has conducted statutory, internal, and systems audits for public and private sector companies.
  • Niraj Mandhana: Chartered Accountant qualified in 2008 with expertise in project financing, direct and indirect taxation, internal and statutory audits, and company law matters.
  • Digvijay Suryawanshi: Chartered Accountant qualified in 2013 with experience in assurance, taxation, and compliance services, specializing in internal and statutory audits.

Financial Implications

Not Specified

Board / Committee Meeting Details

Date and Name of the Meeting: 27th Annual General Meeting held on July 30, 2026

Resolutions or Approvals: Shareholders approved:

1) Appointment of Mr. Abay Mandhana as a Director and a Whole-time Director

2) Appointment of Ms. Kanikella Hepzibah Rathna Glory as an Independent Director

3) Appointment of M/s CAAG and ASSOCIATES, Chartered Accountants, as Statutory Auditors of the Company

Annexures / Firm Profiles

Summary of Incoming Audit Firm's Experience:

The firm has partners with extensive experience in statutory audits, taxation, and compliance services across various industries. Partners have expertise in direct and indirect taxation, internal controls evaluation, and regulatory compliance.

Any Declarations or Eligibility Confirmations: Disclosure of relationships between directors: NIL

Other Corporate Information

Director Appointments:

  • Mr. Abhay Mandhana: Re-designated as Whole-time Director effective July 30, 2026. He holds a Master's in Business Analytics and Decision Sciences from the University of Leeds with expertise in business analytics, digital strategy, and brand development.
  • Ms. Kanikella Hepzibah Rathna Glory: Continued as Independent Director for term of 5 years effective from October 21, 2025. She has background in human resources, operations, administrative support, and project management.

Regulatory Compliance Statement

Intimation made under Regulation 30 of SEBI (LODR) Regulations, 2015 read with Para A of Part A of Schedule III and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Delay in Disclosure: Not specified

Company Contact: Registered Office at 243/1 to 358/3, Thoramavu and Immavu Village, Thandya Industrial Area, K S Hundi, Nanjangud Taluk Mysore 571302, Email: accounts@indusfila.com, CIN: L17121KA1999PLC025320