Ampvolts Limited has announced the resignation of its Internal Auditor, marking a key personnel change in the company's audit function. The development was communicated to BSE Limited through a formal intimation under regulatory compliance requirements.

Internal Auditor Resignation Details

Mr. Hemal Parikh, Proprietor of H A Parikh and Company, who serves as the Internal Auditor of Ampvolts Limited, has tendered his resignation due to pre-occupation with other professional assignments. The resignation will become effective from April 1, 2026.

Regulatory Compliance

The company has made this disclosure pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation also complies with SEBI Master Circular bearing Ref. No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Replacement Process

Ampvolts Limited has indicated that it is currently in the process of identifying suitable Internal Auditors for appointment. The new appointment will be subject to requisite approvals under applicable provisions. The company has not disclosed a timeline for completing this replacement process.

Company Information

The communication was signed by Vipul Chauhan, Managing Director of Ampvolts Limited (formerly known as Quest Softech (India) Limited), and was digitally executed on March 31, 2026. The formal intimation was addressed to BSE Limited's Chief General Manager for Listing Operations.

Ampvolts Limited's promoter AV AC DC Renew Private Limited has disclosed the creation of a pledge on 29,23,980 equity shares in favor of Mufin Green Finance Limited. This pledge was created on March 4, 2026, and disclosed to BSE Limited on March 28, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Creation Details

The encumbrance was created to secure working capital loan facilities availed by Ampvolts Limited. The regulatory disclosure was submitted by Vipul Chauhan, Director of AV AC DC Renew Private Limited.

Shareholding Impact Analysis

The pledge represents a significant portion of the promoter's total holdings in Ampvolts Limited. AV AC DC Renew Private Limited maintains its position as the major promoter with 55.25% of total share capital.

Regulatory Compliance Status

The disclosure confirms that the encumbered shares remain within regulatory thresholds. The pledged amount is below both the 50% promoter shareholding limit and 20% total share capital threshold.

Key Compliance Points:

• Encumbered shares less than 50% of promoter shareholding: Yes
• Encumbered shares less than 20% of total share capital: Yes
• Type of encumbrance: Pledge
• Previous encumbrances: Not Applicable

The disclosure was made pursuant to Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ampvolts Limited shares are listed on BSE Limited under script code 535719.