Shiv & Associates, Chartered Accountants, resigned as the statutory auditor of Shivalic Power Control Limited on June 22, 2026, due to pre-occupation in other assignments. The resignation is effective immediately from June 22, 2026, and creates a casual vacancy that the company’s Audit Committee and Board will address in due course. The firm clarified that there are no material reasons for the resignation and no concerns were raised regarding the management of the company.

The resignation was submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shiv & Associates was appointed as the statutory auditor on September 30, 2022, with a term scheduled to expire at the conclusion of the Annual General Meeting to be held in 2027. The latest audit report submitted by the firm was dated May 29, 2026.

Auditor Details

The disclosure provided specific details regarding the outgoing auditor and the timeline of their association with the company.

Shiv & Associates confirmed in its declaration that the information provided is correct and complete. The firm explicitly stated there is no other material reason for the resignation beyond those cited. The company has confirmed that the information will be uploaded to its official website.

Shivalic Power Control Limited has filed its Structured Digital Database (SDD) Compliance Certificate with the National Stock Exchange of India Limited for the financial year ended March 31, 2026. The submission, referenced under Ref. No. SPCL/SE/26-27/13 and dated May 30, 2026, was made pursuant to Regulation 3(5), 3(6), and other applicable provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Certificate Issued by Practising Company Secretary

The compliance certificate was issued by Mohit Singhal of Mohit Singhal & Associates, Practising Company Secretaries (PR No. 5437/2024), based in New Delhi. The certificate is dated May 28, 2026, and carries UDIN: F011143H000522918. It was submitted to the Listing Department of the National Stock Exchange of India Limited by Mr. Rohit Kapoor, Company Secretary and Compliance Officer (ACS: 64405).

Key Compliance Confirmations

The certificate confirms that Shivalic Power Control Limited met all SDD-related compliance requirements under the PIT Regulations for the financial year ended March 31, 2026. The following key aspects were certified:

• The company has a Structured Digital Database in place
• Access controls exist to regulate who can access the SDD
• All Unpublished Price Sensitive Information (UPSI) disseminated during the previous quarter has been captured in the database
• The system has captured the nature of UPSI along with date and time
• The database is maintained internally with an audit trail
• The database is non-tamperable and capable of maintaining records for 8 years

UPSI Events and Non-Compliance Status

The following table summarises the key compliance metrics reported in the certificate:

The certifying company secretary confirmed that the company was required to capture 2 events during the financial year and has captured 2 of the said required events. No non-compliance was observed during the financial year, and accordingly, no remedial actions or timelines were necessitated.

Regulatory Context

The SDD compliance framework under SEBI's Prohibition of Insider Trading Regulations, 2015 mandates listed companies to maintain a digital database of individuals with whom Unpublished Price Sensitive Information is shared. The annual certification by a Practising Company Secretary serves as an independent verification of a company's adherence to these regulatory requirements, reinforcing transparency and governance standards in securities markets.