National Standard (India) Limited has announced the appointment of M/s Walker Chandiok & Co., LLP as its new statutory auditor, marking a significant transition in the company's audit arrangements. The board of directors approved this decision on April 17, 2026, following recommendations from the audit committee.

Auditor Transition Details

The current statutory auditors, M/s MSKA & Associates LLP, will complete their second consecutive five-year term and retire at the forthcoming 63rd Annual General Meeting. The new appointment represents a structured transition as per regulatory requirements for auditor rotation.

About Walker Chandiok & Co., LLP

Walker Chandiok & Co., LLP brings substantial credentials to the appointment. The firm was established in 1935 and maintains its registered office in New Delhi with eighteen other offices across major Indian cities. Key highlights of the firm include:

• Registration with Institute of Chartered Accountants of India (ICAI)
• Registration with Public Company Accounting Oversight Board (PCAOB)
• Empanelment with Comptroller and Auditor General of India (CAG)
• Eighty-six partners across its network
• Valid peer review certificate
• Recognized as one of India's leading audit firms
• Provides services to several large companies including top one hundred listed entities in India

Board Meeting and Regulatory Compliance

The board meeting was conducted on April 17, 2026, commencing at 17:30 p.m. IST and concluding at 18:00 p.m. IST. The appointment was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Next Steps

The appointment remains subject to shareholder approval at the upcoming Annual General Meeting. Once approved, Walker Chandiok & Co., LLP will assume statutory audit responsibilities for National Standard (India) Limited, ensuring continuity in the company's audit and assurance processes. The company has confirmed that all relevant information has been uploaded on its website at www.nsil.net.in for stakeholder reference.

National Standard (India) Limited's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, at its meeting held on April 17, 2026. The meeting, which commenced at 17:30 IST and concluded at 18:00 IST, was conducted pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

M/s. MSKA & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the audited financial results for the financial year ended March 31, 2026. The company reported a profit of ₹965.89 lakh for the year ended March 31, 2026, compared to ₹1,319.92 lakh in the previous year. For the quarter ended March 31, 2026, the company recorded a profit of ₹116.31 lakh.

Assets and Liabilities Position

The company's total assets stood at ₹28,486.68 lakh as of March 31, 2026, compared to ₹27,715.46 lakh in the previous year. Equity share capital remained constant at ₹2,000 lakh, while other equity increased to ₹26,199.54 lakh from ₹25,233.65 lakh. Cash and cash equivalents improved significantly to ₹1,171.50 lakh from ₹25.77 lakh in the previous year.

Corporate Governance and Compliance

The trading window closure, which was implemented from April 1, 2026, in accordance with the company's Code of Conduct for Regulating, Monitoring & Reporting of Trading, will remain in effect until 48 hours after the declaration of the audited financial results. The audited financial results have been uploaded on the company's official website at www.nsil.net.in . The notification was signed by Hitesh Marthak, Company Secretary & Compliance Officer (Membership No.: A18203).