On May 18, 2026, Rama Phosphates Limited convened a board meeting that commenced at 2:30 p.m. and concluded at 4:25 p.m., during which the board considered, noted, and approved key audit-related appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures were communicated to both BSE Limited and the National Stock Exchange of India Limited.

Appointment of New Statutory Auditors

The board approved the appointment of M/s. Dayal & Lohia, Chartered Accountants, Mumbai, as the statutory auditors of the company, replacing the retiring M/s. Khandelwal & Mehta LLP, Chartered Accountants, whose term concludes at the ensuing 41st Annual General Meeting. The appointment is subject to shareholder approval at the forthcoming Annual General Meeting.

M/s. Dayal & Lohia is a partnership firm established in 1983, registered with the Institute of Chartered Accountants of India with Firm Registration No. 102200W and Peer Review Certificate No. 020117. The firm offers a broad range of professional services, including:

• Audit Services: Statutory Audit, Tax Audit, Internal Audit, Bank Audits (Branches), Systems Audits, EDP Audits, Investigation, Inspection and Fraud Audits, Corporate Governance Audits, and Management Audits
• Taxation: Tax planning, assessment proceedings, advice on amalgamations, mergers, acquisitions and de-mergers, preparation and filing of Income Tax returns, and consultancy on Direct Tax Laws
• Management Consultancy: Advisory on collaboration and joint ventures, restructuring and reorganisation of business, and design and development of accounting, costing, and management information systems
• Corporate Law: Statutory compliance under corporate laws, FEMA (FERA), and allied laws; advisory for public issues, shares and securities valuation, and shareholders' agreements
• Accounting & Financial Services: Payroll processing, transaction statements, payables and receivables data, translation of accounts as per US GAAP and UK Accounting Standards, long-term finance and working capital planning, project finance, and investment planning

The firm maintains its office in Mumbai.

Re-appointment of Cost Auditor for FY 2026-27

The board re-appointed Mr. Arun Agrawal as Cost Auditor for the company's Pune, Indore, Udaipur, and Nimbahera units for Financial Year 2026-27, based on the recommendation of the Audit Committee.

Mr. Arun Agrawal has been practicing as a Cost Accountant since April 2017, with expertise in Cost Audit, Income Tax, GST, Banking Sectors, and Insolvency Professional work, and is associated with firms and companies located at Pune and Mumbai.

Re-appointment of Internal Auditors for FY 2026-27

The board re-appointed internal auditors for each of the company's four manufacturing units for Financial Year 2026-27, each for a period of one year. The following table summarises the appointments:

Each of the appointed internal audit firms brings relevant industry experience:

• M/s. MKRK & Co. (Pune): Incorporated in 2006, the firm provides services in corporate audit, assurance, advisory, Direct Tax audit and advisory, GST advisory and compliances, tax litigation, and various statutory compliances.
• M/s. Pahadia & Associates (Indore): The firm has experience in statutory audits of manufacturing, trading, and service industries, with special expertise in GST search proceedings, post-assessment and appellate proceedings, and Income Tax assessment proceedings.
• M/s. K.L. Vyas & Co. (Udaipur): Operating as an audit and taxation firm since 1985, with experience in corporate audit, taxation, and GST.
• M/s. Nyati Mundra & Co. (Nimbahera): With 44 years of experience, the firm is engaged in company audit, government, NGO and society audits, bank audit, concurrent audit, stock audit, taxation (Income Tax, Service Tax, Sales Tax, and GST), project financing, tax audits, and DGFT-related work.

All the above appointments were made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The disclosures were signed by Haresh D. Ramsinghani, Chairman & Managing Director (DIN 00035416).

Rama phosphates Limited has submitted its quarterly compliance certificate to stock exchanges and depositories, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The filing demonstrates the company's commitment to maintaining regulatory compliance in securities operations.

Regulatory Compliance Certificate

The company filed a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 08, 2026. This certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. The registrar verified that security certificates received for dematerialisation were confirmed or rejected appropriately, and that certificates were mutilated and cancelled after due verification by depository participants.

The certificate also confirms that depositories' names have been substituted in the register of members as registered owners within the prescribed timelines, ensuring proper maintenance of shareholding records.

Regulatory Submissions

The compliance certificate was submitted to multiple regulatory bodies and exchanges to ensure comprehensive record-keeping:

• Bombay Stock Exchange Limited
• National Stock Exchange of India Limited
• National Securities Depository Limited
• Central Depository Services (India) Limited

The submission was signed by Haresh D Ramsinghani, Chairman & Managing Director, emphasizing senior management oversight of regulatory compliance matters.

Company Operations

Rama Phosphates Limited operates as an ISO 9001:2015 certified company engaged in manufacturing various chemical products including SSP Fertilizer, Sulphuric Acid, Oleum, Chlorosulfonic Acid, Edible Soya Oil, and various micronutrients. The company maintains its registered operations while ensuring strict adherence to securities market regulations and depository requirements.