Him Teknoforge Limited has announced the re-appointment of M/s S.K. Jain & Co as Cost Auditor for the financial year 2026-27. The decision was approved by the Board of Directors on 30th January 2026, following the recommendation of the Audit Committee, ensuring compliance with Section 148 of the Companies Act 2013 and related rules.

Board Decision and Regulatory Compliance

The re-appointment was formalized during the Board meeting held on 30th January 2026, demonstrating the company's commitment to maintaining robust financial oversight and regulatory compliance. The decision aligns with the requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, specifically Regulation 30.

Cost Auditor Re-appointment Details

Professional Profile of Lead Auditor

Sudhir Kumar Jain, the seasoned Cost & Works Accountant leading the firm, brings extensive expertise to Him Teknoforge Limited. His professional credentials include:

• Experience: Over 45 years in financial management, strategic planning, budgeting, and fund management
• Practice Location: Chandigarh, operating as Cost Accountant and Insolvency Professional
• Specializations: Cost auditing, insolvency resolution, financial planning, and project financing
• Leadership Experience: Held various leadership positions across multiple organizations

Technical Expertise and Contributions

The appointed Cost Auditor demonstrates significant technical capabilities and industry contributions. Sudhir Kumar Jain has successfully managed financial restructuring and business process reengineering (BPR) initiatives across various industries. His expertise extends to fund management for diverse business sectors.

Beyond practical experience, he has contributed to academia as guest faculty at leading institutions and authored books and study materials covering finance, GST, cyber security, and business management. His technical innovation includes developing AI-based financial tools and software designed to streamline financial reporting and cost auditing processes.

Corporate Governance and Disclosure

The re-appointment reflects Him Teknoforge Limited's commitment to maintaining high standards of corporate governance and financial transparency. The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (LODR) Regulations 2015, ensuring stakeholders are informed of this important appointment.

The continuity in cost auditing services through M/s S.K. Jain & Co's re-appointment provides stability in financial oversight and ensures consistent application of cost auditing standards for the upcoming financial year.

Him Teknoforge Limited has submitted its statement of deviation in fund utilisation to the Bombay Stock Exchange, reporting changes in the allocation of proceeds from its preferential issue of share warrants for the quarter ended December 31, 2025. The filing, made pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been reviewed and approved by both the Audit Committee and Board of Directors.

Fund Raising Details

The company's fund raising particulars show a structured approach to capital mobilisation:

Deviation in Fund Allocation

The company has reported a reallocation of Rs. 100.00 lakhs between different objects of fund utilisation. The deviation involves a reduction in Capital Expenditure allocation and corresponding increase in Working Capital requirements.

Regulatory Compliance

The deviation has been structured to maintain regulatory compliance. According to the company's explanation, the deviation is within 10% of the earlier disclosed objects of the issue and was already disclosed in the shareholder notice dated August 5, 2024. The Audit Committee has reviewed the deviation and provided no additional comments, indicating acceptance of the reallocation.

Fund Utilisation Status

As of December 31, 2025, Him Teknoforge Limited has utilised Rs. 1,740.38 lakhs from the total available funds. This amount includes Rs. 717.15 lakhs received as application money towards subscription to share warrants and additional funds received during the period. The utilisation demonstrates active deployment of raised capital across the company's operational requirements.

The filing was signed by Himanshu Kalra, Company Secretary & Compliance Officer, and Rajiv Aggarwal, Joint Managing Director, confirming the accuracy of the reported information and the company's commitment to transparent disclosure practices.