Gujarat Raffia Appoints M/s. MAPSS & Co. as Auditor

Change in Statutory Auditors – Gujarat Raffia Industries Limited

Outgoing Auditor

Name of the Resigning Firm: Not Specified

Reason for Resignation: Tenure completion of the previous statutory auditor.

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. MAPSS & CO., Chartered Accountants

Firm Registration Number (FRN): 107706W

Term of Appointment and Validity: 5 Years. Effective date of appointment: 07th September, 2026, subject to ratification in the AGM held on 29.09.2026.

Interim Appointment or Subject to Shareholder Approval: Subject to ratification by shareholders at the Annual General Meeting on 29.09.2026.

Qualifications or Professional Standing: MAPSS & CO. is described as a leading Chartered Accountant firm with progressive, specialized professionals including Chartered Accountants, Company Secretaries, Cost Accountants, CAIIBs, senior ex-Bankers, and Information System Auditors. The firm provides services in Accounting, Corporate laws, Indirect & Direct Taxation, Financial & Management Accounting, Internal & Management Audit, Internal Finance Controls, Risk Management & Assessment, MIS, Budgets & Forecasting, Banking, Funding & Treasury Operations, Transaction Advisory, and Start Up India Advisory. Additional services include Turnaround Consultancy, Forensic Audit, Due Diligence - M&A advisory, GRC Advisory, Capital & Commodity Market Regulatory compliances services, Risk Management and Insurance advisory services, Start-up India advisory, and Promoter advisory to Family run large Business Houses.

Financial Implications: Not Specified

Board / Committee Meeting Details

Date and Name of the Meeting: Board Meeting held on 07.09.2026.

Resolutions or Approvals: The Board of Directors approved the appointment of M/s. MAPSS & CO., Chartered Accountants (FRN: 107706W) as Statutory Auditors of the Company.

Annexures / Firm Profiles

Summary of Incoming Audit Firm’s Experience: Provided in the detailed profile above.

Any Declarations or Eligibility Confirmations: Not Specified

Regulatory Compliance Statement

The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

Delay in Disclosure: Not Specified

Other Corporate Information

None provided.