Change in Auditors

RE fflrfu tDTUT€¥H- fRE tmti HTtFTT ffl i3t]T]j tth3rfe L659ioDLi986G01026363] ftyfflrfu:REtin,frtiin,tiqitlit^i^iwh,tThfflFTth,mfrER,chthds,T€fan_ii0003 *|m +91-011-24361480 i-nd jrfe@ii.fe.cO.In,aing: https://iifc.can INDIAN RAILWAY FINANCE CORPORATION LTD. (+\ Governmeiit of lnd ia Eiiterprise) (Clr\'. L65910DL1986G01026363) Rcgil Olficit UG Flo(>i, Ecist To`\.er, NBCC PlcicL+ Enii5ham Pi[ciniali t\/Icirg, T'i`.igci[i Vil`ar, Liiiilii Roc`il, f`t]\\' Dellii -11 ()003 Phcine. +91-011-24361480 E-mall: mfo@irfc.co.in, T'Vebsite: https://1t.fc.CCUll/ No: IRFC/SE/2026-27/45 17th September 2026 Sub: Iiitimation of A_I)pointment of loint Statutory Auditors of the Company_/IRFC Sir/ Madam, This is in continuation of our letter dated 10th September 2026 and pursuant to Regulation 30 & 51(2) read with schedule ]11 of the securities and Exchange Board of India (Listmg Obllgations and Disclosure Requirements) Regulations, 2015 and other applicable regulations as amended from time to time, the Comptroller and Auditor Genei`al of India (C&AG) vide their commiiiiicatioii No./CAV/COY/CENTRAL GOVERNMENT,IRLYFC(1)/992 dated O9th September 2026, has appointed the following firms of Chartered Accountants as loint Statutory Auditors of the Company for the financial year 2026-27 under Section 139 of the Companies Act, 2013:- 1. M/sGSA&Associates LLP 16, DDA Flats, Panchsheel Shivalik Mor, Near Malviya Nagar, Delhi -110017 2. M/sKGRS&CO 33, DDA SFS Apartments Hauz Khas, New Delhi -110016 Further, upon receipt of necessary information the disclosures of details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated )aniiary 30, 2026 (as received on 17,09.2026), is enclosed herewlth as Annexure -1. This is submitted for your informatlon and record. Thanking You, For Indian Railway Finance Corporation Limited (Vijay Babulal Shirode) Company Secretary & Compliance Officer Enclosure: As Above Annexure -I Disclosure required pursuant to Regulzttion 30 of the Listing Regulations read with Para A of Schedule Ill to the Listing Regula[ioiis and Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2 026 dated January 30, 2026, with regard to appointment of Statutory Auditor are given as hereunder: Particulars Details 11111111111111 on for change Appointment of GSA & Associates Appointment of K G appointment, LLP, Chartered Accountants as Joint Chartered Accountants as joint Statutory Auditor for the FY 2026-27 Statutory Auditor for the FY 2026127 by C&AG by C&AG Date of Appointment: September 09, Date of Appointment: September 09, 2026 2026 The Comptroller and Auditor General The Comptroller and Auditor General of India vide letter dated September of India vide letter dated September 09, 2026 has appointed GSA & 09, 2026 has appointed K G R S & CO Associates LLP (Chartered (Chartered Accoiintant) as joint Accountant) as |oint Statutory Statutory Auditor for the FY 2026-27. Auditor for the FY 2026-27. Brief profile (in Founded in 1975, GSA & Associates Established in 1988, KGRS & Co., Case of LLP is a leading audit and Chartered Accountants is a single appointment) consultancy firm with the mission of window professional services firm providing world- class financial focusing on providing high-quality solutions. Under the guidaiice of our services one needs from a biisiness founcler partnei- and also led by aclvisory organization. robust team comprising 12 partners with rich experielice, supported by We are a team hciving Chartered over 180plus talented employees, we Accountants (CA), Certified Public are committed to delivering quality Accountant (CPA, USA), Insolvency services to our clients with the best Professional and Registered Valuers financial ancl audit solutions. from The Institute of Insolvency & Bankruptcy Board of India, Cost Clielitele includes leading PSUs, Accountants, Company Secretaries, Banks, NBFC's, Infrastructure Certified lnfc)rmation Systems Companies, Power Generation & Auditor (CISA, USA), Diploma in Distribution Companies, Information System Audlt (DISA, Manufacturing Companies, Real lcAI), Procurement Experts, Social Estate Companies, Software and Auditors etc. Networking Companies Oil and Gas, Media and many public and private KGRS & Co. offers services in the sector companies in various Broad range of audlt, compliance, tax, industries. corporate service and management Firm is Empanelled with C&AG, RBI & consultancy. The firm has gained IBA. long serving experience to a number of multinational companies, foreign Senlor most Partner of our firm Dr CA national and Indian corporate and Amarjit Chopra has been Ex- firms in the field of audit, direct tax, President ]CAI and has been on the international taxation, ti`ansfer board of 2 Public Sector banks. pricilig, indirect tax, India entry Currently he is on the board of SBI strategy, formation of joint venture Mutual Funds Trustees in addition to company and wholly owned various companies. subsidiary, investlnent in Indian entity, due diligence study, mergers &ac uisitiolls' finance, Head office is located at Delhi and compliance and advisory service on liave 2 branch of`fices in lammii and tax, accounts, payroll management, Gurugram. Companies Act and Foreign Exchange Management Act. I Firm is having PAN India presencethroughassociates'networkandhavebeensuccessfullycarryingoutPANIndiaassignments. We are a firm of Chartered Accountants, serving Indian and multinational corporates, banking and financial institutions, start-ups, high net-worth individuals, I executives and expatriates. Disclosure ofrelationshipsbetweendirectorsi;'Fnrpe:1::t;ien°tfo:h: Not Applicable Not Applicable