Resourceful automobile Limited has issued a formal response to BSE Limited addressing inquiries about recent movements in its share price. The clarification, dated April 9, 2026, was submitted following a surveillance inquiry from the exchange.

Response to BSE Surveillance Inquiry

The company received an email from BSE Limited's surveillance department on April 1, 2026, seeking clarification on the movement in the price of its security. In response, Resourceful Automobile Limited confirmed its compliance with all regulatory disclosure requirements.

Compliance and Disclosure Status

The company emphasized that it has consistently informed BSE Limited of all events and information impacting its operations and performance. This includes all price-sensitive information as required under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resourceful Automobile Limited specifically stated that there is no undisclosed price-sensitive information or any impending announcement or corporate action that needs to be communicated to the stock exchange at this time.

Management's Position on Price Movement

The company's management provided clear statements regarding the recent share price fluctuations:

• Price movements are purely due to market conditions
• The movements appear to be market-driven
• The company has no control over such market movements
• Management has no knowledge of specific reasons for the price changes
• The management is not connected with the share price movements

Regulatory Commitment

The company reaffirmed its commitment to regulatory compliance, assuring BSE Limited that it will continue to promptly inform the exchange of all material events, information, and actions as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The response was signed by Managing Director Rahul Sawhney and submitted on behalf of the company.

Resourceful Automobile Limited shareholders have unanimously approved the appointment of N G M K S & Associates as the company's new statutory auditors during the first extraordinary general meeting (EGM) held on January 8, 2026. The resolution was passed with complete consensus, receiving 1,632,335 votes in favor and zero votes against.

Meeting Details and Participation

The EGM was conducted through video conferencing and other audio-visual means from 1:00 PM to 1:15 PM on January 8, 2026. The meeting saw participation from key stakeholders, with 2 promoter group members and 4 public shareholders attending through video conferencing.

Voting Results and Shareholder Response

The voting results demonstrated strong shareholder support for the auditor appointment. The promoter and promoter group, holding 1,631,143 shares, achieved a 99.9995% voting participation rate with 1,631,135 votes cast entirely in favor of the resolution.

Auditor Appointment Details

The resolution approved the appointment of M/s N G M K S & Associates, Chartered Accountants (FRN: 024492N), as statutory auditors to fill the casual vacancy created by the resignation of the existing statutory auditors. This ordinary resolution was necessary to ensure continuity in the company's audit functions.

Scrutinizer and Compliance

CS Sumit Bajaj of Sumit Bajaj & Associates (Membership Number: A45042) served as the scrutinizer for the voting process. The scrutinizer was appointed by the board on December 17, 2025, and submitted the voting results report on January 9, 2026. The voting process was conducted through the Central Depository Services (India) Limited platform, with remote e-voting available from January 5-7, 2026.

Corporate Information

Resourceful Automobile Limited operates under CIN U50401DL2018PLC329756 and trades on BSE with scrip code 544236. The company is headquartered at K-24, Rajapuri, Sector-3, Dwarka, New Delhi-110059. The EGM notice was issued on December 17, 2025, providing shareholders with adequate time to participate in the voting process.