Disclosure Purpose

This is a disclosure made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the appointment of statutory auditors.

Board Meeting Details

  • Date of Meeting: June 11, 2026
  • Decision: Appointment of M/s. A K B Jain & Co., Chartered Accountants (Firm Registration No. 003904C) as Statutory Auditors
  • Basis: Recommendation of the Audit Committee
  • Condition: Subject to approval of the shareholders of the Company

Auditor Appointment Details

Reason for Change

Appointment to fill casual vacancy caused by resignation of M/s. D M K H & Co, Chartered Accountants.

Effective Date and Initial Term

  • Effective from: June 11, 2026
  • Initial Term: To hold office till the conclusion of the ensuing Annual General Meeting of the Company

Proposed Long-term Appointment

  • Term: Five (5) consecutive years
  • Effective From: Conclusion of ensuing Annual General Meeting (AGM)
  • Effective Until: Conclusion of Annual General Meeting to be held in the year 2031
  • Condition: Subject to approval of the Members of the Company

About the New Auditor

M/s. A K B Jain & Co. is described as a full-service Chartered Accountancy firm known for expertise in cross-border taxation, regulatory compliance, and strategic business advisory services.

Services Offered

Statutory audits, internal audits, tax audits, GST and income tax advisory, corporate law compliance, mergers & acquisitions, IPO advisory, valuation, due diligence, international taxation, transfer pricing, and virtual CFO services.

Firm Size and Reach

  • Team: More than 40 professionals
  • Clients: Serving over 700 clients across 35+ industries
  • Offices: Located in Bhopal
  • Team Composition: Multidisciplinary core team comprising Chartered Accountants, Company Secretary, and other Professional Staff & Associates

Additional Information

  • Relationships between Directors: Not Applicable (as this is auditor appointment)
  • Information pursuant to BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24 dated 20th June, 2018: Not Applicable