Change in Statutory Auditors – Internal Auditor Appointment

Outgoing Auditor

Not Specified

Incoming Auditor

Name of the New Audit Firm: M/s MGB & Co. LLP, Chartered Accountants

Firm Registration Number (FRN): 101169W/W-100035

Term of Appointment and Validity: Financial year 2026-27 (April 1, 2026 to March 31, 2027)

Interim Appointment or Subject to Shareholder Approval: Not Specified

Qualifications or Professional Standing: MGB is a 46-year-old multidisciplinary full service peer reviewed firm that understands the needs of global organisations. The firm offers comprehensive services including Tax Advisory, Compliance, Assurance Services, Asset Management Services, Corporate Finance & Operations and Risk Consulting Services. The firm has a diverse mix of professionals including Chartered accountants, MBA's, CPAs, insolvency professionals, registered valuers, CISA, CFE, experts on IFRS, company secretaries, lawyers and engineers.

Field of Experience: Internal Audit, Assurance, Taxation, IFRS

Office Address: Peninsula Business Park, 19th Floor, Tower-B, Ganpatrao Kadam Marg, Lower Parel (West) Mumbai 400013

Terms of appointment: To conduct Internal Audit for the Financial Year 2026-27

Board / Committee Meeting Details

Date and Name of the Meeting: Audit Committee and Board of Directors meeting held on July 29, 2026

Resolutions or Approvals: Approved the appointment of M/s MGB & Co. LLP as Internal Auditors of the Company for Financial Year 2026-27

Regulatory Compliance Statement

Disclosure made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, and the SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Reason for Change

Re-appointment of M/s MGB & Co. LLP as Internal Auditor for the financial year 2026-27 in compliance with the requirement of Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Date of Appointment

July 29, 2026

Disclosure of relationships between directors

Not Applicable

Additional Information

Company Registration: CIN L74900MH2000PLC126237