Change in Statutory Auditors – Auri Grow India Limited

Outgoing Auditor

Name of the Resigning Firm: S Parth & Co., Chartered Accountants (Firm Registration Number: 154463W)

Reason for Resignation:

The resignation was tendered due to two primary reasons:

1. Non-availability of information and audit records: Despite repeated requests, the company did not provide necessary books of account, supporting documents, records, and explanations required for the statutory audit.

2. Outstanding professional fees: Professional fees for services rendered remained unpaid as of the resignation date, despite repeated reminders.

The auditor stated that these circumstances made it unfeasible to continue the engagement and adversely affected their ability to discharge professional and statutory responsibilities.

Effective Date of Resignation: Close of business hours on June 25, 2026

Date of Resignation Letter: June 25, 2026

Duration in Role: The auditor was appointed on August 26, 2025. Their term was scheduled to expire at the conclusion of the Annual General Meeting for the FY 2028-29.

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed

Not Specified. No incoming auditor was announced in the disclosure.

Regulatory Compliance Statement

Disclosure Framework: The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also complies with SEBI Circulars CIR/CFD/CMD/4/2015, CIR/CFD/CMD1/114/2019, and SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123.

Delay in Disclosure: The resignation letter was received by the company on June 25, 2026, and the disclosure was made to the exchange on the same date. No delay was indicated.

Incoming Auditor

Not Specified

Financial Implications

Not Specified

Board / Committee Meeting Details

Not Specified. The disclosure does not mention a board or audit committee meeting regarding the acceptance of the resignation.

Annexures / Firm Profiles

Annexure A and Annexure I were provided with the disclosure, containing detailed information as required by SEBI.

Summary of Outgoing Audit Firm’s Details:

  • Firm: S Parth & Co., Chartered Accountants
  • Proprietor: CA Parth Shah (Membership Number: 198530)
  • Contact: +91 94265 77495 | caparth1011@yahoo.com
  • Address: 15/7, Tulsi Shyam Flat, Bhimjipura, New Vadaj Road, Ahmedabad
  • Latest Submitted Report: The auditor had submitted the Q4 FY 25-26 limited review report on May 27, 2026.

Declarations from Auditor:

The auditor confirmed that the inability to obtain sufficient audit evidence was due to a management-imposed limitation, that this lack of information would have a significant impact on the financial statements, and that the issue was also prevalent in previous financial statements. They confirmed that alternative procedures were performed as per SA 705(revised). The auditor also declared that there are no other material reasons for the resignation beyond those stated.

Other Corporate Information

The company's registered office is at 36-D, Sector-B, Industrial Area, Sanwer Road, Indore – 452 006, India. Its corporate office is at Unit No 833 - Block A, 8th Floor, West Bank, Opp City Gold Cinema, Ashram Road, Ashram Road P.O, Ahmedabad, Gujarat, India, 380009.

The disclosure was signed by Patel Tilak Satishbhai, Managing Director & CFO (DIN: 10886310).