Appointment

kt.SIFCI September 08, 2026 LIMITED 31471wTftaT1 (lir 4 No. IFCl/CS/61/2026- No. IFCl/CS/62/2026- (A Government of India Undertaking) ouu (cid:9) 1.National Stock Exchange of 2. BSE Limited India Limited Department of Corporate Service Exchange Plaza Phiroze Jeeleebhoy Tower Plot No. C/1, G Block, Bandra Kuria Dalai Street Complex, Bandra (East) Mumbal — 400 001 Mumbai — 400 051 CODE:IFCI CODE:500106 Dear Sir/Madam, Re: Appointment of Statutory Auditor for the Financial Year 2026-27. Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Comptroller & Auditor General of India (C&AG) vide their Letter No./CA.V/COY/CENTRALGOVERNMENT,IFCIL(1)/185 dated September 07, 2026, received on September 08, 2026, has appointed Dhawan & Co. as Statutory Auditor of the Company for the Financial Year 2026-27. The C&AG letter containing the terms of appointment of the Statutory Auditor is enclosed as Enclosure-I. Brief Profile of the Statutory Auditor is enclosed as Enclosure — II. This is for your information and record. Thanking You Yours faithfully For IFCI Limited (Priyanka Sharma) 1;Company Secretary &. Compliance Officer Encl.: As above. Mt WU (cid:9) 31It1Was IFCI Limited 4-401r Wei OM: Regd, Office: 31TtUTFiff3Tri tic:pi, 61 .16e, IFITr, Rerfl — 110 019 1FCI Tower, 61 Nehru Place, New Delhi - 110 019 gmizr: +91-11-4173 2000, 4179 2800 Phone: +91-4173 2000, 4179 2800 +91-11-2623 0201, 2648 8471 Fax: +91-11-2623 0201, 2648 8471 www.ifciltd.com Website: www.fciltd.com L74899DL1993G01053677 CIN:L74899DL1993G01053677 1948 2t 27V (cid:9) Role rr In Development of the Nation since 1948 os.trif eli‘ - tTOSH OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF lNDIA 7 1 9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI - 110 124 No./CA. V/ COY/CENTRAL GOVERNMENT,IECIL(1)/185 Dated :07/09/2026 THE MANAGING DIRECTOR IECI LIMITED, Fa TOWER, 61, NEHRU PLACE, NEW DELHI-110019 Subject : Appointment of Auditors under section 139 of the Companies Act, 2013 for the financial year 2026-2027 Sir/Madam, I am directed to state that in exercise of the powers conferred by section 139 of the Companies Act 2013, the Comptroller and Auditor General of India is pleased to appoint the Chartered Accountant firms/Limited Liability Partnerships As per Annexure - II as the Statutory/Joint Statutory/ Branch Auditors of the company for the year(s) : 2026-2027. Statutory/Joint Statutory Auditor (s) of holding company shall also be the auditors of Consolidated Financial Statements under section 139 read with section 129(4) of the Companies Act, 2013. 2. You are requested to contact the concerned auditors individually under intimation to this office 3. The supplementary/test audit under sections 143 (6) &(7) of the Companies Act, 2013 of your company is entrusted to DIRECTOR GENERAL OF AUDIT (INDUSTRY AND CORPORATE AFFAIRS) I P ESTATE NEW DELHI-110002 4 . The remuneration and other allowances payable to the auditors may be regulated as per the provisions of section 142 of the Companies Act 2013 read with guidelines issued by the Department of Company Affairs vide no. 7/76 dated 8th April, 1976 and no. 8/6/83 dated 07th June, 1984. 5. Any revision in the audit fees payable (including fees for consolidation) for the year 2026-2027 and item-wise details of all remuneration paid to the auditors for other services (other than statutory audit) alongwith the amount of TA/DA paid for 2025-2026 may be intimated. The said information may be provided as soon as the Accounts for the year 2025-2026 is finalised so as to enable this office to review the appointment/ re-appointment of the appointed auditors. 6. The above appointment is subject to the other conditions stipulated in Annexure-l( available on the CAG's website http://care.cag.gov.in/policy/terms.pdf). Yours faithfully, ANNEXURE-I OFFICE OF THE COMPTROLLER & AUDITOR GENERAL OF INDIA 9, DEEN DAYAL UPADIIYAYA MARG, NEW DELHI-110 124 Appointment of auditors of Government Company/Government controlled other company under Section 139 (5 & 7) of the Companies Act, 2013 I. CONDITIONS FOR THE COMPANY 1. The Company should send a list of Directors and the previous Auditors of the Company giving their names and addresses to the newly appointed Auditors immediately on receipt of this letter. 2. While the auditor is responsible for forming and expressing an independent opinion on the financial. statements, the responsibility for their preparation is that of the management of the enterprise. The audit of the financial statements does not relieve the management of its responsibilities relating to the maintenance of adequate accounting records, internal controls and safeguarding of the assets of the enterprise. As provided. in Section 134 of the Act, the Company should submit to the auditors _ the Financial Statements/Consolidated Financial Statements duly approved by the Board of Directors for their report thereon. 3. A suitable program of audit in consultation with the statutory auditors should be drawn up suitably in advance with the objective that the audit is completed within the prescribed time schedule. A copy of the program so drawn may be provided to the concerned DG/PAG/PD/AG as well. 4. The documents and the information called for by the auditors in accordance with the provisions of Section 143 (1) of the Companies Act 2013 and other relevant rules and regulations as well as any other details/explanation relating to any transaction sought by them, should be provided to them, expeditiously. 5 (i). Office of C&AG has no role in the fixation of the audit fee and expenses payable to the auditors. The said fee and expenses payable to the auditors should be fixed by the Company in accordance with the provisions as contained in section 142 of the Companies Act, 2013. Further, the consent of auditors on the audit fee so fixed should invariably be obtained_ on a 'Memorandum of Fee' as per Appendix which should be signed by the Company as well as by the auditors and forwarded to this office so as to reach within 30 days of issue of the appointment letter, In case the same is not received, the fee paid by the Company during the preceding year will be considered as the fee for the current year as well. Once the audit fee is agreed between the Company and Auditor, the remuneration cannot be changed to the detriment of the auditor. (ii) While fixing the audit fee, due consideration may be given to the volume of work involved, amount of time normally spent by the partners/chartered accountant employees and the audit clerks of the firm/LLP. (iii) While fixing audit fee due consideration might also be given to the notification No 1-CA (7)/93/2006 dated 18th September 2006 and any subsequent recommendations issued from time to time by the Institute of Chartered Accountants of India prescribing minimum audit fee. It has been clarified that city/tOwn referred to in the Notification refers to city/town of the Head office or Branch office of the auditor to which the audit is actually allotted. 6. In the interest of maintaining the independence of auditors, no assignment for consultancy ., Directorship or other services including those specified in Section 144 of the Companies Act, 2013 and Non-audit assignments that involve performing management functions or making management decisions will be provided to the finnILLP or its Partners, directly or indirectly as per explanation given under Section 144 of the Companies Act, 2013, of the Company or its holding company or partly owned subsidiaries of the Company (irrespective of the shareholding) or joint ventures of the company whether under production sharing contract or otherwise, during the year of audit and for one year (to be counted from the date of conclusion of the relevant Annual General Meeting of the Company) after the finnifeLP ceases to be auditor. The above restriction will also be applicable to audit of annual accounts of subsi [Showing first 8,000 characters — download PDF for full document]