Shivansh Finserve has received consent and eligibility confirmation from M/s. Suvarna & Katdare for appointment as its statutory auditors. The firm holds Chartered Accountants registration number 125080W.

The company disclosed the development on August 30, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations. The proposal will be placed before the Board of Directors at its ensuing meeting for consideration and approval.

Auditor Profile

M/s. Suvarna & Katdare is a firm of Chartered Accountants with experience in statutory audit, accounting, taxation, corporate and regulatory compliances, and other professional services. The firm confirmed it is not disqualified from appointment under the Companies Act, 2013.

Regulatory Compliance

The intimation was submitted to BSE Limited’s Listing Department in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. No relationships between directors and the proposed auditor were disclosed.

The term of appointment shall be as approved by the Board or Members, as applicable. A further disclosure will be made upon final approval.

Kreon Financial Services Limited has reduced its stake in Shivansh Finserve to 4.75% following an open market sale of shares on August 12, 2026. The acquirer disposed of 26,898 equity shares, bringing its total holding down from 5.18% to 4.75% of the target company’s voting capital.

The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kreon Financial, which is not part of the promoter group of Shivansh Finserve, executed the sale through open market transactions. The equity shares involved rank pari-passu with existing shares of the target company.

Transaction Details

Prior to the sale, Kreon Financial held 323,504 shares carrying voting rights, constituting 5.18% of the total share capital. Following the disposal of 26,898 shares (0.43%), the remaining holding stands at 296,606 shares.

Shivansh Finserve’s total equity share capital remains unchanged at ₹6.24 crore, comprising 62,40,000 equity shares of ₹10 each. There are no warrants, convertible securities, or other instruments entitling the acquirer to receive additional voting rights in the target company.

The disclosure was filed with the BSE Limited by Jaijash Tatia, Chairman and Managing Director of Kreon Financial Services Limited, on August 13, 2026.