Outcome of Board Meeting held on 19.09.2026 - Removal of Statutory Auditors

19.09.2026 Hyderabad The Corporate Relations Department, BSE Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001 Subject: Initiation of Process for Removal of Statutory Auditors and Filing of Complaints against M/s. K.K. Goel & Co. Ref: Scrip Code: 530595 | Scrip ID: TELECANOR Dear Sir / Madam, This is with reference to the earlier meeting of the Board of Directors of the Company held on 10.09.2026, wherein the Board had considered the proposal for removal of M/s. K.K. Goel & Co., Chartered Accountants (FRN 005299N) Statutory Auditors of the Company, on account of continued non-cooperation and failure to provide necessary support and information required for completion of the statutory and regulatory compliances of the Company. In continuation thereof, the Board of Directors, at its meeting held today, has approved the initiation of the process for removal of M/s. K.K. Goel & Co. as Statutory Auditors of the Company pursuant to Section 140(1) of the Companies Act, 2013 read with the applicable rules. Accordingly, the Company shall make an application in Form ADT-2 to the Regional Director within the prescribed period, seeking approval for removal of the Statutory Auditors. Upon receipt of the approval of the Regional Director, the Company shall convene a General Meeting within the prescribed period for obtaining the approval of the shareholders by way of Special Resolution for removal of the Statutory Auditors and shall thereafter undertake the necessary statutory filings with the Registrar of Companies/MCA. The Board has also taken note of the continuing difficulties arising on account of the non- cooperation of the Statutory Auditors, including the consequential impact on timely statutory and regulatory compliances of the Company and the levy/increase of fines by the Stock Exchange, including SOP fines of ₹5,000 per day in relation to the pending compliances/results for the quarters ended June 2026 and March 2026. In view of the above, the Board has further authorised the Directors severally to initiate appropriate complaints/proceedings before the Registrar of Companies, Regional Director/MCA, Institute of Chartered Accountants of India (ICAI) and/or such other appropriate authorities, as may be applicable, in relation to the continued non-cooperation of the Statutory Auditors and the consequential regulatory, compliance and financial impact suffered by the Company. The Company also reserves its right to take such other legal remedies as may be available under applicable law. TeleCanor Global Limited The Company shall communicate the aforesaid decisions and proposed course of action to the Statutory Auditors and provide the necessary statutory notices/intimations in accordance with the applicable provisions of law. Further developments in this regard shall be duly intimated to the Stock Exchange in accordance with the applicable provisions of the SEBI (LODR) Regulations, 2015. The details required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular is enclosed as Annexure-I. The meeting commenced at 5:00 PM and concluded at 6:00 PM. This is for your information and record. Yours faithfully FOR TELECANOR GLOBAL LIMITED PILLI SWETHA MANAGING DIRECTOR DIN: 06397865 TeleCanor Global Limited Removal of M/s. K. K. Goel & Co., Chartered Accountants, (FRN 005299N) Statutory Auditors of the Company Particulars Details Reason for change viz. appointment, Removal of M/s. K. K. Goel & Co., Chartered Accountants, (FRN re-appointment, resignation removal, 005299N) Statutory Auditors of the Company, owing to their non-cooperation, subject to compliance with the applicable death or otherwise; provisions of the Companies Act, 2013 and obtaining necessary approvals, wherever required. Date of appointment / reappointment, NA cessation (as applicable) & term of Removal is subject to compliance with the applicable provisions appointment/re appointment; of the Companies Act, 2013 and obtaining necessary approvals, wherever required Brief profile (in case of appointment) NA Disclosure of relationships between NA directors (in case of appointment of a director) Information as required pursuant to NA BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24 dated June 20, 2018 TeleCanor Global Limited