Tavexia Lifecare Limited (formerly Sattva Sukun Lifecare Limited) announced that M/s. SSRV and Associates has resigned as its statutory auditor with immediate effect on September 7, 2026.

The chartered accountancy firm cited preoccupation with other professional assignments and workload constraints as the reason for stepping down. The resignation was communicated to the Board of Directors via a letter dated September 7, 2026.

Auditor Tenure and Transition

SSRV and Associates was originally appointed as the statutory auditor on September 30, 2023. The Board of Directors had approved their reappointment for a second term of five consecutive years in August 2023, covering the period until the conclusion of the 48th Annual General Meeting.

The firm submitted its latest limited review report for the quarter ended June 30, 2026, on August 4, 2026. This filing occurred approximately one month prior to the resignation notification.

Regulatory Disclosures

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tavexia Lifecare filed the intimation with the Bombay Stock Exchange. The disclosure aligns with Part A of Schedule III of the regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

The auditor confirmed there were no reportable concerns requiring communication to the Audit Committee or the Board prior to resignation. Consequently, no such communication was made during the tenure.

SSRV and Associates issued a No Objection Certificate (NOC) allowing the company to appoint a new eligible auditor to fill the casual vacancy. The company is required to complete applicable statutory filings with the Registrar of Companies and stock exchanges.

The promoter group of Sattva Sukun Lifecare has reduced its stake in the company following an on-market share disposal. Roshan Dealmark Private Limited sold 14,00,000 equity shares on September 3, 2026.

This transaction brings the consolidated holding of the promoters and persons acting in concert to 2,31,29,777 shares, representing 6.02% of the total voting capital. The disposal was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Transaction Details

Roshan Dealmark Private Limited, a key entity within the promoter group alongside Puja Agarwal, executed the sale entirely through on-market mechanisms. Prior to this transaction, the group held 2,45,29,777 shares, accounting for 6.39% of the company’s paid-up capital. The company, formerly known as Sattva Sukun Lifecare Limited, is now listed as Tavexia Lifecare Limited on the Bombay Stock Exchange.

The paid-up capital of Tavexia Lifecare Limited remains unchanged at ₹38,36,01,248, comprising 38,36,01,248 equity shares of ₹1 each. There were no encumbrances or pledges associated with the shares held by the promoter group before or after the transaction.

What the Numbers Show

The reduction in stake is concentrated solely within Roshan Dealmark Private Limited. While Roshan Dealmark’s holding decreased by 14,00,000 shares to 2,30,49,777, the holding of Puja Agarwal remained static at 80,000 shares. This indicates a targeted liquidity event for the corporate promoter entity rather than a broad-based exit by all promoter group members.