Gautam Exim Limited has restructured its senior leadership and compliance teams following a Board meeting held on August 12, 2026. Parmeshwar Ojha has been redesignated from Whole-time Director to Non-Executive Director, effective August 12, 2026, citing personal pre-occupations. Concurrently, the Board accepted the resignations of Company Secretary CS Vishad Jaiswal, Statutory Auditors M/s B. A. Desai & Associates, and Internal Auditors M/s Mahesh C. Tamakuwala & Co., all effective August 6, 2026.

To fill the resulting vacancies, Gautam Exim appointed M/s SASA & Associates as Statutory Auditors and M/s Gajendra Singh Solanki & Associates as Internal Auditors for Financial Year 2026-27. These appointments are subject to shareholder approval where required by law. The changes were disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Leadership and Compliance Changes

Parmeshwar Ojha (DIN: 11129072) will retain his seat on the Board but will no longer be involved in day-to-day executive operations. Rajkumar Agrawal, Managing Director of Gautam Exim Limited, signed the disclosure letter submitted to BSE Limited. The company confirmed that Ojha is not related to any other Director or Key Managerial Personnel.

The resignation of CS Vishad Jaiswal from the position of Company Secretary & Compliance Officer was also accepted with effect from August 6, 2026, due to personal commitments. No immediate replacement for this Key Managerial Personnel role was announced in the filing.

Auditor Appointments

The Board moved quickly to appoint new audit firms to ensure continuity in statutory and internal oversight. M/s SASA & Associates (FRN: 024712C), led by CA Vivek Goyal (M. No. 452970), was appointed as Statutory Auditor to fill the casual vacancy left by M/s B. A. Desai & Associates. Their appointment is effective August 12, 2026, and they will hold office until the conclusion of the upcoming Annual General Meeting, as per Section 139(8) of the Companies Act, 2013.

For internal audits, M/s Gajendra Singh Solanki & Associates (FCS: 10868, CP No.: 12279) was appointed to replace M/s Mahesh C. Tamakuwala & Co. They will serve as Internal Auditors for Financial Year 2026-27, effective August 12, 2026.

The Board also took note of quarterly compliance reports for the quarter ended June 30, 2026, including the Share Capital Reconciliation Audit Report and Corporate Governance Report.

Gautam Exim Ltd submitted its audited standalone financial results for the half-year and financial year ended March 31, 2026, following a query from BSE Limited regarding the clarity of previously filed figures. The company provided the rectified results along with the Statutory Audit Report, which carries an unmodified opinion from B.A. Desai & Associates, Chartered Accountants. The submission was made to comply with Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015.

The audit report confirmed that the financial results present a true and fair view of the company's affairs and are in compliance with existing accounting standards. Rajkumar Agrawal, Managing Director and CFO, certified that the results do not contain any materially untrue statements or omit material facts. The auditors reported that the company has not defaulted on loan repayments or interest payments during the year and has not been declared a willful defaulter by any lender.

Statutory Dues and Contingent Liabilities

The audit report noted that undisputed statutory dues, including Provident Fund and Employees' State Insurance, have been generally deposited regularly, with a slight delay in Income Tax payments. No undisputed amounts were outstanding for more than six months from the date they became payable. The company confirmed it has not accepted any deposits from the public.

A significant portion of the report addresses Goods and Services Tax (GST) dues. The company has not deposited certain amounts due to disputes relating to alleged excess availment of Input Tax Credit (ITC), which are currently pending before the Hon'ble Gujarat High Court. The contingent liability regarding this disputed GST order is stated as Rs. 12,38,96,621.

Disputed GST Dues Breakdown

The following table details the disputed GST dues for various financial years:

The company also confirmed that it has not raised funds through initial or further public offers during the year and has not made any preferential allotment or private placement of shares. Additionally, there were no transactions relating to previously unrecorded income surrendered during the year under the Income Tax Act, 1961.