Change in Statutory Auditors – Shadowfax Technologies Limited

Outgoing Auditor

Name of the Resigning Firm: M/s BSR & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 101248W/W - 100022)

Reason for Resignation: Completed their second term of five consecutive years as statutory auditors. The resignation occurred due to normal term completion rather than any disagreement or issue.

Effective Date of Resignation: Conclusion of the 11th Annual General Meeting held on September 18, 2026

Date of Resignation Letter: Not Specified

Duration in Role: Two terms of five consecutive years each. First appointed at the 6th AGM on November 29, 2021 and completed service at the 11th AGM on September 18, 2026.

Board's Acknowledgment / Statement: The Company placed on record its appreciation for their valuable contribution during their tenure.

Replacement Appointed

Name of the New Audit Firm: M/s S.R. Batliboi & Associates LLP, Chartered Accountants

Firm Registration Number (FRN): ICAI Firm Registration No. 101049W/E300004

Term of Appointment and Validity: Five consecutive years commencing from the conclusion of the 11th AGM (September 18, 2026) for the financial year 2025-26 until the conclusion of the 16th AGM to be held for the financial year 2030-31.

Interim Appointment or Subject to Shareholder Approval: Appointment was approved by shareholders at the 11th Annual General Meeting held on September 18, 2026.

Qualifications or Professional Standing: M/s S. R. Batliboi & Associates LLP is a limited liability partnership firm incorporated in India in 1949 with its registered office in Kolkata and offices across key cities in India. The firm is part of the S.R. Batliboi & Affiliates network which includes S.R. Batliboi & Co LLP, S.R. Batliboi & Associates LLP, S R B C & CO LLP, and S.V. Ghatalia & Associates LLP. All network firms are primarily engaged in providing audit and assurance services to clients. They audit several large listed and private companies across diverse market segments including Industrial, Infrastructure, Consumer Products, Financial Services, Technology, Media and Entertainment, Telecommunications, and Professional Services.

Regulatory Compliance Statement

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

Master Circular Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 (as amended)

Delay in Disclosure: No delay indicated. Disclosure made on the same day as the AGM (September 18, 2026).

Board / Committee Meeting Details

Meeting Type: 11th Annual General Meeting of shareholders

Meeting Date: September 18, 2026

Resolutions or Approvals: Members approved the appointment of M/s S.R. Batliboi & Associates LLP as Statutory Auditors based on the Scrutiniser's Report.

Annexures / Firm Profiles

Annexure A: Provided additional details as required under Para A of Part A of Schedule III of the SEBI Listing Regulations

Summary of Incoming Audit Firm's Experience: As detailed in the qualifications section above

Any Declarations or Eligibility Confirmations: The firm is registered with the Institute of Chartered Accountants of India and meets all regulatory requirements for appointment.

Other Corporate Information

Company Background: Shadowfax Technologies Limited (formerly known as Shadowfax Technologies Private Limited)