Change in Statutory Auditors – Physicswallah Limited

Outgoing Auditor

Not Specified

Replacement Appointed

Name of the New Audit Firm: M/s. Naresh Verma & Associates

Firm Registration Number (FRN): S2002DE050200

Term of Appointment and Validity: Appointment for a term of five consecutive years, commencing from the conclusion of the 6th Annual General Meeting until the conclusion of the 11th AGM of the Company. The appointment covers secretarial audit for the period from April 1, 2026, to March 31, 2031.

Interim Appointment or Subject to Shareholder Approval: Subject to approval of shareholders at the ensuing Annual General Meeting.

Qualifications or Professional Standing: M/s Naresh Verma & Associates (NVA), established in 2001, is a Peer Reviewed Firm providing comprehensive corporate secretarial and advisory services including corporate compliances, incorporation, domestic and foreign funding, insolvency and resolution advisory, corporate restructuring, strike-off/winding-up, due diligence, corporate opinions, scrutiniser services, voluntary liquidation and secretarial audit. CS Naresh Verma, Sole Proprietor of NVA, is a Fellow Member of ICSI, an Insolvency Professional and a Law Graduate from the University of Delhi, with over 25 years of experience in corporate laws, restructuring and corporate advisory services.

Board / Committee Meeting Details

Date and Name of the Meeting: Board of Directors meeting held on Friday, August 14, 2026

Resolutions or Approvals: The Board considered and approved the appointment based on the recommendation of the Audit Committee. The meeting commenced at 02:30 P.M. (IST) and concluded at 04:50 P.M. (IST).

Regulatory Compliance Statement

Disclosure made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations. Details provided as per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Annexures / Firm Profiles

Annexure-I contains detailed information about the appointment including reason for change, term of appointment, and brief profile of the incoming audit firm.

Other Corporate Information

The disclosure will be hosted on the Company's website at https://www.pw.live/investor-relations