Confidence futuristic energetech Limited has issued a clarification to the Bombay Stock Exchange (BSE) regarding the significant increase in trading volume of its securities. The company responded to the exchange's inquiry with a formal communication dated March 31, 2026, addressing concerns about the unusual market activity.

Regulatory Compliance Statement

The company emphasized its commitment to regulatory compliance, stating that it has been promptly disclosing all material information and events that may impact its operations or performance. This includes all price-sensitive information shared with stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Position on Trading Activity

Confidence Futuristic Energetech Limited clarified that there is no pending information, announcement, or event at the company level that could influence the price or volume behavior of its securities. The management stated that the increase in trading volume is purely market-driven, and the company is not aware of any specific reason for the heightened activity.

Corporate Information

The communication was signed by Prity Bhabhra, Company Secretary, and submitted from the company's registered office in Thane, Mumbai. The company maintains its corporate office at Confidence Tower in Nagpur and operates under CIN L74110MH1985PLC386541.

This clarification demonstrates the company's proactive approach to addressing market inquiries and maintaining transparency with regulatory authorities and investors.

Confidence Futuristic Energetech Limited has announced the resignation of its joint statutory auditor, L N J & Associates, Chartered Accountants, effective December 30, 2025. The company informed the BSE Limited about this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Auditor Resignation Details

L N J & Associates, with firm registration number 135772W, submitted their resignation letter on December 30, 2025, citing preoccupation with other personal and professional commitments as the primary reason for discontinuing their services as statutory auditor of the company.

Term of Appointment

The auditing firm was originally appointed as statutory auditor for a five-year period at the company's 36th Annual General Meeting held on September 30, 2021. Their term was scheduled to continue until the conclusion of the 41st Annual General Meeting for FY 2026.

Audit Work Completed

Prior to their resignation, L N J & Associates had completed significant audit work for the company. They issued the audit report for the financial year ended March 31, 2025, and provided limited review reports for the quarter ended September 30, 2025, which were submitted on November 11, 2025.

Compliance and Declarations

The resigning auditor firm has confirmed that they have no disputes with the company's management and have not encountered any concerns relating to suppression of information by the management for carrying out their audit procedures. L N J & Associates will file the required ADT-3 form with the Registrar of Companies as mandated under the Companies Act, 2013.

Regulatory Compliance

Confidence Futuristic Energetech Limited has fulfilled all disclosure requirements under SEBI regulations, providing comprehensive details as required under Regulation 30 read with Schedule III of the Listing Regulations and relevant SEBI circulars dated September 09, 2015, October 18, 2019, and July 13, 2023. The company's announcement includes all necessary annexures and documentation related to the auditor change.

The resignation represents a routine corporate governance matter, with the auditing firm confirming that there are no material reasons beyond those disclosed for their decision to step down from their statutory auditor role.