Board meeting on 10 October 2026 to consider appointing Eswara Rao & Co. as statutory auditors

Board meeting on Saturday, October 10, 2026 at 11:00 A.M.

Fri 2 Oct 2026

Board Meeting Date

Saturday, October 10, 2026 at 11:00 A.M.

Agenda Item

to consider and approve the appointment of M/s. Eswara Rao & Co., Chartered Accountants (Firm Registration No. 000816S), as Statutory…

Reason for Vacancy

to fill the casual vacancy caused by the resignation of M/s. Vasavi & Co., Chartered Accountants

Documents Received

consent letter, eligibility certificate and other confirmations from the proposed auditor

Approvals Required

Subject to Audit Committee recommendation and members' approval at a general meeting

What the company told the exchange

Transgene Biotek Ltd has informed BSE that a meeting of its Board of Directors is scheduled to be held on Saturday, October 10, 2026 at 11:00 A.M. Among the matters to be considered is the appointment of M/s. Eswara Rao & Co., Chartered Accountants, Firm Registration No. 000816S, as the Statutory Auditors of the company.

Why an auditor appointment is coming up now

The update states that the proposed appointment is to fill a casual vacancy caused by the resignation of M/s. Vasavi & Co., Chartered Accountants. A casual vacancy in the office of statutory auditor opens up when the sitting auditor resigns. The board takes up the replacement, and the appointment is then placed before the shareholders.

What has already come in

• The company has received the consent letter, eligibility certificate and other applicable confirmations from the proposed Statutory Auditors, M/s. Eswara Rao & Co., Chartered Accountants.
• The proposed auditor is represented by Ms. Karra Pranavi, Partner, Membership No. 232994.

Approvals this is subject to

• The recommendation of the Audit Committee.
• The approval of the members of the company at a general meeting.

How to read the notice

The board meeting intimation is the notice of the meeting. The agenda item is "to consider and approve" the appointment, so the decision is to be taken at that meeting. The update also lists a second item, to consider and approve such other matters as may be decided by the Board.

What to note as an investor

The statutory auditor is the person who signs off on a company's financial statements, so a change of auditor is a development investors generally track. The update sets out the vacancy, the proposed new auditor and the approvals still required. The outcome will be known once the board meets on October 10, 2026.

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