Empower India Limited has informed the stock exchanges about the resignation of its statutory auditor M/s. Rishi Sekhri & Associates, effective April 23, 2026. The resignation was communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Details and Tenure

The auditing firm M/s. Rishi Sekhri & Associates, Chartered Accountants (FRN 128216W), was appointed as the company's statutory auditor for a five-year term from FY 2022-23 to FY 2026-27. The appointment was made on September 30, 2022, with the term originally scheduled to expire on March 31, 2027.

Reason for Resignation

CA Rishi Sekhri, proprietor of the auditing firm, cited serious medical conditions as the primary reason for his resignation. In his resignation letter, he stated that the medical conditions require his full attention and significantly restrict his ability to discharge professional duties and responsibilities. Acting upon medical advice, he confirmed his inability to continue performing functions to the standards expected for the role.

Regulatory Compliance and Disclosures

The company has provided comprehensive disclosures as required under applicable regulations. The auditor's last submission was the Limited Review Report for the quarter and half year ended September 30, 2025, which was submitted on November 12, 2025. The resignation disclosure confirms that there were no concerns raised by the auditor prior to resignation, and no information was withheld by the company management.

Next Steps

Empower India Limited has committed to taking necessary steps to appoint a new statutory auditor to fill the casual vacancy caused by the resignation. The company will inform the stock exchange about the new appointment in due course. CA Rishi Sekhri has offered to extend reasonable cooperation to facilitate a smooth transition, subject to his health condition.

The resignation creates an immediate need for the company to identify and appoint a replacement auditor to ensure continuity of statutory audit functions and compliance with regulatory requirements.

Empower India Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 13, 2026, was signed by Director Satyawan Jankar and addresses mandatory compliance obligations for listed companies.

Regulatory Compliance Details

The certificate pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which requires companies to report on dematerialization activities. The document confirms that no physical share certificates were received for dematerialization of equity shares during the reporting period.

Registrar and Transfer Agent Confirmation

Skyline Financial Services Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate on April 02, 2026. The certificate was signed by Parveen Sharma, Authorised Signatory, confirming compliance with the regulatory requirements for the quarter.

Corporate Information

Empower India Limited operates under CIN L51900MH1981PLC023931 with its registered office located at 25/25A, 2nd Floor, 327, Nawab Building, D. N. Road, Fort, Mumbai. The company maintains its listing on BSE Limited under scrip code 504351.

Depositories Notification

As part of the compliance process, the certificate has been shared with both major depositories in India - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). This ensures comprehensive regulatory compliance across the securities market infrastructure.