Colab Platforms Limited has informed BSE about the resignation of its statutory auditor M/s. Rawka & Associates, effective February 18, 2026. The resignation comes due to the auditing firm's inability to renew their Peer Review Certificate within the required statutory timeline, as communicated through a formal intimation under Regulation 30 of SEBI Listing Regulations.

Auditor Details and Tenure

Rawka & Associates, a chartered accounting firm with FRN No. 021606C, was appointed as statutory auditor on September 30, 2023. Their original term was scheduled to continue until March 31, 2027, covering the period from the conclusion of the 33rd Annual General Meeting until the AGM to be held in 2027.

Reason for Resignation

The auditing firm explained that their peer review certificate validity is due to expire, and the renewal application process may take an uncertain timeframe. Since a valid peer review certificate is mandatory for continuing as statutory auditor under applicable regulatory provisions, the firm decided to resign to ensure the company's compliance with SEBI Listing Regulations.

In their resignation letter dated February 18, 2026, Venus Rawka, Partner (M. No.: 429040), stated that the firm had communicated with the company regarding their peer review status and confirmed there were no other material reasons for the resignation.

Company Response and Compliance

Colab Platforms Limited, through Managing Director Puneet Singh Chandhok (DIN: 01546843), has informed BSE about the resignation and requested the exchange to take the same on record. The company has enclosed the resignation letter received from the auditor along with detailed annexures as required under regulatory provisions.

Auditor's Declaration

Rawka & Associates confirmed in their declaration that the information provided is correct and complete, with no other material reasons for resignation beyond the peer review certificate issue. The firm has requested the board of directors to accept their resignation and complete necessary compliances, including filing Form ADT-3 with the Registrar of Companies.

Colab Platforms Limited has delivered impressive financial results for the third quarter of FY26 ended December 31, 2025, showcasing strong growth across key performance metrics. The technology platform solutions company reported significant year-over-year improvements in both revenue and profitability.

Financial Performance Highlights

The company's standalone financial results demonstrate robust operational performance with substantial growth momentum.

Nine-Month Performance

The nine-month period ended December 31, 2025, reflects sustained growth trajectory with exceptional revenue expansion.

Operational Metrics

The company's expense structure shows proportional scaling with business growth. Purchases of stock-in-trade increased to ₹4530.15 lakhs in Q3FY26 from ₹2243.71 lakhs in Q3FY25, reflecting higher business volumes. Employee benefit expenses remained controlled at ₹5.89 lakhs compared to ₹6.91 lakhs in the previous year quarter.

Corporate Developments

During the quarter, Colab Platforms incorporated two new subsidiaries to strengthen its market position:

• Colab Semiconductor Private Limited - focusing on semiconductor initiatives
• Colab Intelligence Private Limited - targeting AI-driven solutions

These strategic additions complement the company's existing subsidiaries including Colab Premier League Private Limited, Colab Sportz and Gaming Private Limited, Colab Esports Private Limited, and Colab Sports and Infrastructure Private Limited.

Board Approval and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 13, 2026. The results have undergone limited review by statutory auditors M/s. Rawka & Associates in compliance with Regulation 33 of SEBI Listing Regulations.

The company maintains its paid-up equity share capital at ₹2040.00 lakhs with face value of Re. 1 per share. Management noted that the company continues to witness encouraging response across its technology platform-based solutions, semiconductor, and AI-driven initiatives, positioning it for sustainable long-term growth.