Corrigendum: Statutory Auditor re-appointment tenure corrected to 5 consecutive years

Corrigendum to the disclosure shared on 30th September, 2026.

Sat 10 Oct 2026

Auditor

M/s. SBMG & CO., Chartered Accountants

Corrected auditor tenure

5 consecutive years

Re-appointment period

from the 06th AGM until the 11th AGM in 2031

What the update says

• This is a corrigendum dated 10.10.2026 to the corporate announcement submitted on 30th September, 2026 regarding the re-appointment of the Statutory Auditors at the 06th Annual General Meeting.
• The company states that a typographical and clerical error occurred in the text about the auditor's tenure: it was inadvertently stated as 3 years instead of the statutory tenure of 5 consecutive years.
• The company describes the error as purely unintentional and requests the exchange to take the corrected disclosure on record and update its database.

Corrected tenure and auditor

• Auditor: M/s. SBMG & CO., Chartered Accountants, Firm Registration Number 127756W.
• Re-appointed for 5 consecutive years, from the 06th AGM until the 11th AGM in 2031.
• Reason for change: re-appointment of the Statutory Auditors of the Company for a further term of five consecutive years.

Why 5 years

• The update notes that under Section 139 of the Companies Act, 2013, subsequent re-appointments of an audit firm must be made for a fixed block of 5 consecutive years.
• It also refers to the SEBI Master Circular dated November 11, 2024, under which the revised and corrected details are provided in Annexure I.

Other details in the annexure

• Brief profile: M/s. SBMG & CO. is a firm of Chartered Accountants providing audit, assurance, taxation and related professional services, associated with the Company as its Statutory Auditor and eligible for re-appointment under the applicable provisions of the Companies Act, 2013.
• Disclosure of relationships between Directors: N.A.

How a reader can look at it

• The announcement corrects a stated figure in an earlier disclosure about how long the auditor's re-appointment runs.
• The underlying decision being reported is the same re-appointment; what changes is the tenure as disclosed, from 3 years to 5 consecutive years.
• Nandini Patel, Company Secretary & Compliance Officer, has signed the corrigendum.

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