NatureWings Holidays Limited has announced the resignation of its internal auditor M/s. Prithviraj & Co., Chartered Accountants, effective March 09, 2026. The company informed BSE Limited about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Internal Auditor Resignation Details

M/s. Prithviraj & Co., Chartered Accountants, Kolkata (Firm Registration Number 332486E), who were appointed as internal auditors for the Financial Year 2024-2025, submitted their resignation letter dated March 09, 2026. The firm will cease to act as internal auditors of the company with effect from March 09, 2026.

Resignation Letter Highlights

In the resignation letter, Prithviraj Basu Thakur, Proprietor of M/s. Prithviraj & Co., stated that the decision was made after careful consideration to discontinue the professional engagement as internal auditor. The letter clarified several important points:

• No internal audit report was issued for Financial Year 2025-26
• No audit deliverables or working papers remain pending for handover
• The appointment was made under Section 138 of the Companies Act, 2013
• Unlike statutory auditors, no filing with the Registrar of Companies is required for internal auditor resignations

Regulatory Compliance

NatureWings Holidays Limited has provided the required disclosures as per SEBI regulations, including information mandated under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The internal auditor confirmed that there are no material reasons for resignation other than those mentioned in the resignation letter.

Company Information

The communication was signed by Sandeep Raha, Managing Director of NatureWings Holidays Limited, and submitted to BSE Limited on March 10, 2026. The company, which is ISO 9001:2015 certified, is headquartered at DGK-417, DLF Galleria, New Town, Kolkata.

NatureWings Holidays Limited has completed a significant preferential allotment of equity shares, raising ₹2,98,80,000 through the issuance of 3,98,400 equity shares at ₹75.00 per share. The Board of Directors approved this allotment on January 6, 2026, through a resolution passed by circulation with requisite majority.

Allotment Details and Structure

The preferential allotment comprises equity shares with a face value of ₹10.00 each, issued at a premium of ₹65.00 per share. This fundraising initiative follows a structured approval process that began with the Board meeting on August 1, 2025, and received shareholders' approval at the Extraordinary General Meeting held on August 25, 2025.

Investor Distribution

The allotment was distributed among 10 non-promoter investors, with individual allocations ranging from 8,000 to 68,800 shares. The largest allocation went to Sridhar Subasri with 68,800 shares, while the smallest went to Channa Keshav Hosagavi with 8,000 shares.

Regulatory Approvals and Compliance

The preferential allotment was conducted in accordance with the provisions of the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. BSE Limited granted in-principle approval for the allotment through Letter no. LOD/PREF/TT/FIP/1401/2025-26 dated December 22, 2025.

Next Steps

NatureWings Holidays Limited will proceed to apply to stock exchanges for listing and trading approval for the newly allotted shares. The company has also uploaded the relevant information on its website at naturewings.com as part of its disclosure obligations under the SEBI Listing Regulations.