Regulatory Disclosure - Statutory Auditor Appointment

Nature of Disclosure: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, regarding appointment of statutory auditors.

Key Events and Approvals:

  • The Board of Directors of Modi Naturals Limited initially approved the appointment of M/s B. Chhawchharia & Co. (Firm Registration No. 305123E) as Statutory Auditors at their meeting held on July 6, 2026.
  • This appointment was based on the recommendations of the Audit Committee and was subject to shareholder approval.
  • The shareholders of the company approved the appointment at the 52nd Annual General Meeting held on July 31, 2026 (Friday) at 2:30 PM through video conference/other audio visual means.

Appointment Details:

  • Auditor Firm: M/s B. Chhawchharia & Co., Chartered Accountants (FRN: 305123E), New Delhi
  • Term: First term of 5 (five) consecutive years
  • Term Period: From the conclusion of the 52nd Annual General Meeting until the conclusion of the 57th Annual General Meeting

Auditor Profile:

M/s B. Chhawchharia & Co. (BCCO) is a firm of practicing Chartered Accountants providing services to domestic and international clients. The firm was established in 1966 by Late Basudeo Chhawchharia, who was a renowned professional and eminent Chartered Accountant. After qualifying as a Chartered Accountant from the Institute of Chartered Accountants of England and Wales in 1949, he became a partner of M/s. K N Gutgutia & Co. and M/s. Gutgutia & Co., contemporary well-known Chartered Accountant firms, and was associated with these firms until 1966. Since then, B.C & Co. has expanded by adding partners, people, and new offices.

Regulatory Compliance:

  • Disclosure made under Regulation 30 of SEBI Listing Regulations
  • Reference to SEBI Master Circular No. Ho/49/14/14(7)2025-CFDPOD2/1/3762/2026, last updated on January 30, 2026
  • Required details provided in Annexure-A as per regulatory requirements

Financial Impact: Not quantified in the disclosure.

Submitted By: Rajan Kumar Singh, Company Secretary & Compliance Officer