Vrundavan plantation Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing was made to BSE Limited on April 06, 2026, and signed by Company Secretary cum Compliance Officer Akshita Dave.

Quarterly Compliance Certificate Details

The company has enclosed certificates dated April 01, 2026 received from KFin Technologies Limited, its Registrar and Transfer Agent. The certificates confirm that details of securities dematerialized and rematerialized during the quarter have been properly furnished to all stock exchanges where the company's shares are listed.

Depository Compliance Framework

The certificates were issued to both major depositories in India - Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL). KFin Technologies Limited, serving as the Registrar to Issue and Share Transfer Agent, certified compliance with SEBI regulations for the quarter.

Previous Regulatory Filing

Earlier, the company had submitted a regulatory filing confirming that it does not qualify as a Large Corporate Entity under applicable SEBI regulations. The disclosure was signed by Managing Director Upendra Umashankar Tiwari on April 05, 2025, relating to SEBI circulars governing fund raising activities by large corporate entities.

Company Information

Vrundavan Plantation Limited operates from its registered office at 307, Sun Avenue One, Manekbaug, Ahmedabad. The company maintains regular compliance with stock exchange requirements and depository regulations as mandated by SEBI for listed entities.

Vrundavan Plantation Limited has completed its regulatory compliance process regarding the statutory auditor change, with the Audit Committee conducting a comprehensive review of the resignation and confirming no adverse concerns. The company had earlier appointed M/s. Panchal S K & Associates as its new statutory auditor following a board meeting held on December 31, 2025.

Audit Committee Assessment

The Audit Committee convened on December 31, 2025, from 2:00 PM to 3:00 PM to review the resignation of M/s. Doshi Doshi & Co., which was effective December 16, 2025. The committee conducted due deliberations based on representations received from both the auditor and management, confirming compliance with all regulatory requirements.

Key Committee Confirmations

The Audit Committee confirmed several critical aspects of the auditor resignation process. The committee noted that M/s. Doshi Doshi & Co. did not raise any concerns relating to the conduct of management, availability of information, or the quality of financial reporting. The committee obtained necessary clarifications from both the auditor and management, ensuring transparency in the transition process.

New Auditor Appointment Details

Following the Audit Committee's assessment, the Board approved the appointment of M/s. Panchal S K & Associates, Chartered Accountants (FRN: 145989W). The appointment was made pursuant to Section 139(8) of the Companies Act, 2013, and is subject to shareholder approval within three months. The new auditor will serve until the conclusion of the Annual General Meeting for the financial year ending March 31, 2026.

Previous Auditor Transition

M/s. Doshi Doshi & Co., with registration number 153683W, had submitted their resignation on December 16, 2025, citing professional workload constraints. The Audit Committee placed on record its appreciation for the services rendered by the firm during their tenure and confirmed that all pending responsibilities were completed, including the limited review of financial results for the half-year ended September 30, 2025.

Regulatory Compliance

The entire process has been conducted in compliance with Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has ensured full transparency and adherence to all applicable regulatory requirements throughout the auditor transition process.