Decillion Finance Ltd's Company Secretary and Compliance Officer Mrs. Shruti Poddar resigned from her position effective the close of working hours on May 30, 2026. The resignation, attributed to unavoidable circumstances, was accepted by the Board during its meeting held on May 29, 2026. This development impacts the company's compliance and secretarial functions as Poddar served as Key Managerial Personnel.

The company disclosed that the initial filing to the exchange under Regulation 30 of the SEBI (LODR) Regulations, 2015, did not include the resignation letter. Following a query from the exchange regarding the discrepancy and the reason for the delay, Decillion Finance clarified that the document was inadvertently missed. The company stated there was no malafide intention and affirmed its commitment to corporate governance and timely compliance.

Resignation Details

The following table outlines the key details regarding the change in the company's compliance leadership:

In her resignation letter dated May 29, 2026, Poddar requested the Board to file the necessary forms with the Registrar of Companies to give effect to her resignation. She also expressed gratitude to the Board and fellow members for their support during her tenure. The company has assured the exchange that it will exercise greater caution in future filings to prevent similar errors.

Decillion Finance Ltd announced that its statutory auditor, M/s T D K & Co., Chartered Accountants, has resigned with immediate effect citing pre-occupation in other assignments. The resignation, effective June 5, 2026, was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The auditor firm, represented by Partner CA Neelanj Shah, stated in its resignation letter that it is no longer in a position to carry out the statutory audit of the company. Consequently, the firm will file a statement in Form ADT-3 as required by the Companies Act, 2013. The company confirmed that there are no other material reasons for the resignation beyond those stated by the auditor.

Prior to the resignation, M/s T D K & Co. had completed its review of the audited standalone financial results for the quarter and financial year ended March 31, 2026. The report on these results was issued on May 29, 2026. The firm was originally appointed on September 2, 2025, and its term was scheduled to conclude at the end of the company's 36th Annual General Meeting.

The disclosure included details regarding the auditor's association and the reasons for the change. The company confirmed that there were no concerns or efforts made by the auditor prior to the resignation that required disclosure, nor were there any issues regarding the provision of information.

Auditor Details