Reply to Clarification- Financial results

Date: July 4, 2026 To, To, National Stock Exchange of India Limited BSE Ltd Exchange Plaza, C-1, Block G, Phirozee Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra (East) Mumbai- 400051 BSE Scrip Code: 544230 NSE Scrip Code: SSDL Subject: Submission of Statement of Impact of Audit Qualification pursuant to discrepancy raised Dear Sir / Madam, Pursuant to the discrepancy raised by BSE Limited and National Stock Exchange of India Limited regarding unsigned Statement of Impact on Audit Qualifications for the year ended March 31, 2026, we hereby submit the Annual Financial Results for the quarter and year ended March 31, 2026 again along with signed Statement on Impact of Audit Qualifications. (Originally submitted on May 29, 2026) Kindly take the same on record. Thanking You, Yours Sincerely, FOR SARASWATI SAREE DEPOT LIMITED Vidhi Bharat Oswal Company Secretary & Compliance Officer Membership No.: A77054 Place: Kolhapur Date: July 4, 2026 Date: May 29, 2026 To, To, National Stock Exchange of India Limited BSE Ltd Exchange Plaza, C-1, Block G, Phirozee Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra (East) Mumbai- 400051 BSE Scrip Code: 544230 NSE Scrip Code: SSDL Subject: Outcome of Board Meeting held today i.e. Friday, May 29, 2026 Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure requirements) Regulations 2015, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e., Friday, May 29,2026 at 16.00 P.M. inter-alia, considered following matter: 1. Approval of Annual Financial Results for the quarter and ended March ended March 31, 2026 Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board approved the Audited Financial Results along with Audit Report of Statutory Auditors for the quarter and year ended on March 31, 2026 in accordance with Indian Accounting Standards (IND AS) as per Companies (Indian Accounting Standards) Rules, 2015. 2. Appointment of Internal Auditor Approved the appointment of M/s. Ajit M. Joshi and Associates, Chartered Accountants, having FRN - 100228W as Internal Auditor of the Company based on the recommendations of Audit Committee for the Financial Year 2026-27. The brief details of the aforesaid appointment are given in Annexure II. The meeting of the Board of Directors concluded at 18.00. Kindly take on record the above disclosures for your further necessary action and acknowledge the receipt. Thanking You, Yours Sincerely, FOR SARASWATI SAREE DEPOT LIMITED Vidhi Bharat Oswal Company Secretary & Compliance Officer Membership No.: A77054 Place: Kolhapur Date: July 4, 2026 ANNEXURE I Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Sebi Master Circular HO/49/14/14(7)2025 CFD - POD2/I/3762/2026 dated January 30, 2026 Appointment of Internal Auditor Sr. No. Particulars Details 1. Reason for change viz. Appointment of M/s. Ajit M. Joshi and appointment, re-appointment, Associates, Chartered Accountants as Internal resignation, removal, death or Auditor pursuant to Section 138 of the otherwise; Companies Act,2013. 2. Date of appointment/re- May 29, 2026 appointment/cessation (as applicable) 3. Term of appointment/re- To conduct the internal audit of the company appointment; for F.Y 2026-27 4. Brief profile (in case of M/s. Ajit M. Joshi and Associates is a appointment) Chartered Accountants firm having extensive experience in internal audit and Internal Financial Controls reviews. 5. Disclosure of relationships Not applicable between directors (in case of appointment of a director) SANJAY VHANBATTE & COMPANY, Chartered Accountants FIRST FLOOR, MAHALAXMI BANK BUILDING OPP: KELAVKAR HOSPITAL/IDBI BANK CTS NO. 245, C/1, E Ward TARABAI PARK, KOLHAPUR416003 Ph No. 9822010247 Email:smvcok@gmail.com Independent Auditor’s Report on audit of Annual and Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors Saraswati Saree Depot Limited. Qualified Opinion: We have audited the accompanying annual financial results of Saraswati Saree Depot Limited (hereinafter referred to as the “Company") for the year and quarter ended 31 March 2026, attached herewith, being submitted by.the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations"). In our opinion and to the best of our information and according to the explanations given to us, the aforesaid annual financial results: a. include the annual financial results of the company; b. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and c. except for the effects of the matter described in the Basis for Qualified Opinion paragraph, give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards, and other accounting principles generally accepted in India, of net profit and other comprehensive income and other financial information of the company for the year ‘and quarter ended 31 March 2026. Basis for Qualified Opinion: We conducted our audit in accordance with the Standards on Auditing (“SAS”) specified under section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those SAs are further described in the Auditor’s Responsibilities for the Audit of the Annual Financial Results section of our report. We are independent of the company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to prov1de a basis for our opinion on the annual financial results. The qualifications are as under: 1. The company has not maintained stock records giving quantitative details of the goods dealt in by it during the year. Closing inventory has been taken as per physical counting carried out and related procedures. Management’s Responsibilities for the Annual Financial Results The Company’s Management and the Board of Directors are responsible for the preparation and presentation of these annual financial results that give a true and fair view of the net profit/ loss and other comprehensive income and other financial information of the company in accordance with the recognition and measurement principles laid dpwn in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Management and Board of Directors of the company are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. : I r d bn e i ss scpp ilor sone ss op ii fa nb r g al ,i ce n g a of s uo t r nh a tpe ia p s nla s gin e c uan s b ns [Showing first 8,000 characters — download PDF for full document]