NatureWings holidays Limited has formally responded to the Bombay Stock Exchange (BSE) regarding clarification sought on recent significant movements in the company's share price and trading volume. The response, dated April 02, 2026, was submitted by Managing Director Sandeep Raha in compliance with regulatory requirements.

Regulatory Compliance Confirmation

The company has confirmed its adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 30. NatureWings Holidays stated that it has been promptly disclosing all material information and events that may impact the company's operations and performance, including price-sensitive information to stock exchanges.

No Undisclosed Material Information

The company has categorically stated that as of the response date, there is no undisclosed material information, events, or impending announcements that could influence the price or volume behavior of the company's shares. This clarification addresses BSE's inquiry about potential factors driving the recent share price volatility.

Market-Driven Price Movement

NatureWings Holidays attributed the observed share price and volume movements to market-driven factors. The company explained that the volatility may be due to:

• General market conditions
• Investor sentiment fluctuations
• Natural market dynamics

The response emphasizes that these movements are not linked to any specific corporate developments or undisclosed information.

Continued Compliance Assurance

The company has assured the BSE of its commitment to maintaining compliance with applicable laws and regulations. NatureWings Holidays pledged to keep stock exchanges informed of any material information as required under SEBI LODR Regulations, 2015, ensuring transparency in its disclosure practices.

The response was digitally signed by Managing Director Sandeep Raha (DIN: 08309475) and submitted to BSE's General Manager at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. This formal communication demonstrates the company's proactive approach to regulatory compliance and investor transparency.

NatureWings Holidays Limited has appointed M/s. Rajat Kala & Associates, Chartered Accountants, Kolkata as its Internal Auditor for the financial year 2025-2026. The appointment was approved by the Board of Directors at their meeting held on March 27, 2026, and communicated to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Approval and Regulatory Compliance

The Board of Directors considered and approved the appointment of M/s. Rajat Kala & Associates (FRN: 027803C) as Internal Auditor in accordance with Section 138 of the Companies Act, 2013. The appointment is effective from March 27, 2026, and the company has fulfilled its disclosure obligations under SEBI regulations.

Internal Auditor Profile and Expertise

Rajat Kala & Associates is a professionally managed Chartered Accountancy firm that focuses on delivering comprehensive audit and advisory services. The firm's service portfolio includes:

• Internal Audit services
• Risk Advisory
• Assurance services
• Compliance services

The firm adopts a risk-based, process-driven, and management-oriented approach to internal audit with particular emphasis on governance, operational efficiency, and control strengthening. All assignments are executed with partner-led supervision to ensure quality, independence, and actionable recommendations.

Independence and Governance

As part of the regulatory disclosure requirements, the company has confirmed that CA. Rajat Dalal is not related to any of the Directors of NatureWings Holidays Limited, ensuring independence in the internal audit function. This appointment strengthens the company's governance framework and internal control systems.

The appointment reflects the company's commitment to maintaining robust internal audit practices and regulatory compliance as it continues its operations in the travel and hospitality sector.