Key Event Details

M/s. Jain Paras Bilala & Co., Chartered Accountants (Firm Registration No. 011046C) have tendered their resignation as statutory auditors of the company vide their letter dated August 08, 2026.

Effective Date of Resignation

The resignation will be effective from the closure of business hours of August 13, 2026 or upon the approval of financials of the company for the quarter ended June 30, 2026, whichever is later.

Reason for Resignation

The resignation is pursuant to the firm's periodic review of its professional engagements and engagement continuance policy. The firm has decided not to continue with the statutory audit engagement of the company.

Management Relationship

The resigning auditor has confirmed that this decision is not arising from any disagreement with the management of the company. No concerns were raised by the resigning auditor with respect to the management of the company.

Auditor's Responsibilities Until Cessation

Until the effective date of resignation, the auditor will continue to discharge statutory responsibilities, including issuance of the Limited Review Report on the unaudited financial results for the quarter ended June 30, 2026.

Recent Audit Work

The auditor has already issued their audit report dated May 28, 2026 on the Financial Statements for the year ended March 31, 2026.

Company Action

The Audit Committee and the Board will consider the appointment of new statutory auditors in due course to fill the casual vacancy caused by the resignation.

Audit Committee Deliberation

As no concerns were raised by the resigning auditor, no deliberation on the same is required to be done by the Audit Committee and consequent disclosure of Audit Committee's view is not applicable.

Tenure Details

The auditor was appointed in the 38th Annual General Meeting held on September 21, 2024 for a period of five years to conduct the audit of the company for Financial Years 2023-24 to 2027-28. The term was scheduled to expire upon conclusion of the 43rd Annual General Meeting in 2028.

Communication Timeline

Discussions were made with the company and intention to resign was communicated on August 08, 2026.

Additional Information

The intimation includes all details required under Regulation 30 read with Schedule III of SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.