Yogi Limited has received the resignation of its statutory auditor BKG & Associates, Chartered Accountants, with immediate effect from August 5, 2025. The auditing firm has cited preoccupation as the reason for stepping down from their role.

Auditor Details and Tenure

BKG & Associates, led by Partner Rohit Arunkumar Jain (Membership No. 170822), served as the statutory auditor for Yogi Limited. The firm is registered under RRN: 114852W and operates from their Mumbai office at 1/12, Ramesh Bhavan, 89, Tamba Kanta, Mumbai-400003.

Appointment and Term Details

The auditing firm was originally appointed during the Annual General Meeting held on September 30, 2022. Their term was scheduled to conclude at the 35th AGM to be held in Financial Year 2027-28, indicating an early termination of their engagement.

Recent Audit Activities

Prior to their resignation, BKG & Associates had completed their most recent audit assignment for Yogi Limited. The firm submitted their Limited Review Report for the quarter ended June 2025 on July 21, 2025, demonstrating they were current with their audit responsibilities before stepping down.

Resignation Process and Compliance

The resignation has been processed in accordance with SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019. The auditor has confirmed that no specific concerns prompted their resignation, and no instances occurred where requested information was not provided by the company.

Next Steps

The company has been advised to inform all necessary authorities about the auditor change. Yogi Limited will need to appoint a new statutory auditor to fulfill the remaining term and ensure compliance with regulatory requirements. The resignation letter expressed gratitude for the cooperation and support received during BKG & Associates' tenure with the company.

Yogi Limited has announced the receipt of significant purchase orders worth ₹18.77 crores from Companion Vinimay Trading Private Limited for the supply and delivery of industrial equipment components. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Product Portfolio

The purchase orders cover a comprehensive range of industrial equipment components that demonstrate the company's manufacturing capabilities across multiple product categories:

Commercial and Delivery Terms

The order encompasses the supply of one complete set per order of various industrial components, with delivery scheduled within an agreed timeline. The commercial arrangement includes standard terms covering quality specifications, delivery schedules, and pricing mechanisms as mutually agreed between both parties.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically under Regulation 30 of the Listing Regulations read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that the order does not involve any promoter or group company interests, ensuring arms-length transaction terms.

Business Impact

This order reinforces Yogi Limited's position in the industrial equipment manufacturing sector, showcasing its capability to deliver complex industrial components across multiple product categories. The order value of ₹18.77 crores represents a significant business development for the company, with delivery commitments structured around mutually agreed quality and timeline parameters.