Gautam Exim Limited has announced that M/s. Mahesh C Tamakuwala & Co has resigned from its position as Internal Auditor, effective August 06, 2026. The firm, led by Chartered Accountant Mahesh Chhotalal Tamakuwala (Membership No. 101028), tendered its resignation due to pre-occupation and other professional commitments. The resignation letter, dated August 06, 2026, confirms that there are no material concerns, disputes, or unresolved issues associated with the departure.

The company disclosed the change pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to BSE Limited on August 06, 2026. Additionally, the disclosure aligns with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which outlines continuous disclosure requirements for material events under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Resignation Details

The following table summarizes the key details of the auditor's resignation as provided in the disclosure:

Next Steps

Gautam Exim Limited stated it will take necessary steps to fill the casual vacancy caused by the resignation in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. The company will intimate the Stock Exchange(s) regarding the appointment of a new Internal Auditor in due course.

The resignation was communicated by Rajkumar Agrawal, Managing Director of Gautam Exim Limited (DIN: 11129059). The firm’s registration number is 130131W.

Gautam Exim Limited has disclosed the resignation of its statutory auditor, M/s. B. A. Desai & Associates, effective August 06, 2026. The firm, led by proprietor CA Bharatkumar Amrutlal Desai (Membership No.: 046220), cited unavoidable personal reasons and pre-occupation with other professional commitments as the grounds for stepping down from the role. The company stated that the resignation was tendered due to these personal constraints, while the auditor’s letter specifically highlighted professional commitments and pre-occupation.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company complied with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which mandates continuous disclosure requirements for material events. The filing confirms that there are no material concerns, disputes, or unresolved issues impacting the resignation. The auditor also confirmed that there was no disagreement with management and no other material reasons for the exit beyond those stated.

B. A. Desai & Associates was appointed as the statutory auditor on September 27, 2024. Their term was scheduled to expire at the Annual General Meeting for FY29. Prior to this resignation, the latest audit report submitted by the firm was dated May 06, 2026. The firm confirmed that it had obtained all necessary information and explanations required for the purpose of the audit during its tenure.

Auditor Details and Tenure

In accordance with Section 140(2) of the Companies Act, 2013 and Rule 8 of the Companies (Audit and Auditors) Rules, 2014, B. A. Desai & Associates stated that it would file Form ADT-3 with the Registrar of Companies within the prescribed time. The disclosure annexure further clarified that the inability to obtain sufficient appropriate audit evidence was not due to management-imposed limitations, nor did any lack of information have a significant impact on the financial statements. The auditor confirmed that alternative procedures were performed to obtain appropriate evidence as laid down in SA 705 (Revised).

Gautam Exim Limited indicated that it will take necessary steps to fill the casual vacancy caused by the resignation in accordance with the applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The company will intimate the stock exchanges regarding the appointment of a new statutory auditor in due course. Managing Director Rajkumar Agrawal signed the intimation to the BSE Limited Listing Compliance Department.