BSECompany Update7 Oct 2026 · 7 Oct 2026, 04:11 pm
The Statutory Auditors of the Company have tendered their resignation w.e.f. 06-10-2026
Raama Finance Ltd · 538540
✦ AI SummaryAuditor Change
Raama Finance Ltd has announced the resignation of its statutory auditors, M/s. Goyal Nagpal and Co., effective October 6, 2026, due to constraints in the availability of adequate experienced professional staff within their firm.
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Governance Concern3/10
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Full Announcement
Raama Finance Ltd - 538540 - Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
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To, Date: October 07, 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai – 400001
Dear Sir/Madam,
Scrip Code No. : 538540
Scrip Symbol : RAAMA
ISIN : INE516P01015
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (‘Listing Regulations’) – Resignation of Statutory Auditor.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with Schedule III of the Listing Regulations and SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 Issued on July 11, 2023 updated on January 30, 2026,
we would like to inform that M/s. Goyal Nagpal and Co., Chartered Accountants (Firm Registration No.
018289C), New Delhi, Statutory Auditors of the Company has tendered their resignation with effect
from October 06, 2026 from the position of Statutory Auditors of the Company due to being unable
to devote the requisite resources, time, supervision and professional attention necessary to conduct
the statutory audit assignment in accordance with the applicable professional standards, regulatory
requirements and timelines.
A copy of resignation letter dated October 06, 2026 containing detailed reason in terms of the
Regulation 30 read with Schedule Ill - Para A(7A) of Part A of the Listing Regulations, is enclosed
herewith as Annexure - I.
The details as required in terms of SEBI Master Circular no. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 Issued on July 11, 2023 updated on January 30, 2026, is enclosed herewith as
Annexure - II.
Kindly take the same on your records.
Thanking you,
For RAAMA FINANCE LIMITED
(Formerly known as Ramchandra Leasing & Finance Limited)
Dhiraj Kumar Jha
Company Secretary & Compliance Officer
M. No. F9631
Annexure - I
Information as required under Regulation 30 read with Schedule III of the Listing Regulations and
SEBI Master Circular - Resignation of Statutory Auditors
S. No. Particulars Details
1. Name of the Company Raama Finance Limited
(Formerly known as
Ramchandra Leasing and
Finance Limited)
2. Name of the Auditors M/s. Goyal Nagpal and Co.,
Chartered Accountants
3. Reason for change viz. appointment, re-appointment, Resignation, the detailed
resignation, removal, death or otherwise; reason are provided in the
resignation letter enclosed
above
4. Date of appointment /reappointment/ cessation 06.10.2026
5. Brief profile (in case of appointment) Not applicable
6. Disclosure of relationships between directors (in case of Not applicable
appointment of a director)
For RAAMA FINANCE LIMITED
(Formerly known as Ramchandra Leasing & Finance Limited)
Dhiraj Kumar Jha
Company Secretary & Compliance Officer
M. No. F9631
GOYAL NAGPAL & CO
CHARTERED ACCOUNTANTS
OFFICE: A-2,161-162,2ND Floor, Sector-8
Rohini, New Delhi-110085
OFFICE NO. 9811952775
EMAIL: goyalnagpal01@gmail.com
---------------------------------------------------------------------------------------------------------------------------
FORMAT FOR INFORMATION TO BE OBTAINED FROM THE STATUTORY AUDITOR
UPON RESIGNATION
Name of the listed entity Raama Finance Limited (Formerly known as
Ramchandra Leasing and Finance Limited)
Details of the statutory auditor
Goyal Nagpal & Co.
a. Name:
b. Address: A 2, 161 162, 2ndFloor, Sector 8
Rohini, New Delhi 110085
c. Phone number: 9811952775
d. Email: goyalnagpal01@gmail.com
Details of association with the listed entity
a Date on which the statutory auditor was 01.09.2025
appointed:
b. Date on which the term of the statutory 31.03.2028
auditor was scheduled to expire
c. Prior to resignation, the latest audit Issued Limited review report for the quarter
report/limited review report submitted by the ended on June 30, 2026, on August 14,2026
auditor and date of its submission.
Detailed reasons for resignation: The resignation is being tendered due to
constraints in the availability of adequate
experienced professional staff within our firm,
coupled with our existing professional
commitments
In case of any concerns, efforts made by the Not Applicable
auditor prior to resignation (including
approaching the Audit Committee/Board of
Directors along with the date of communication
made to the Audit Committee/Board of
Directors)
In case the information requested by the auditor
was not provided, then following shall be
disclosed
a. Whether the inability to obtain sufficient
appropriate audit evidence was due to a Not Applicable
management-imposed limitation or
circumstances beyond the control of the
management.
GOYAL NAGPAL & CO
CHARTERED ACCOUNTANTS
OFFICE: A-2,161-162,2ND Floor, Sector-8
Rohini, New Delhi-110085
OFFICE NO. 9811952775
EMAIL: goyalnagpal01@gmail.com
---------------------------------------------------------------------------------------------------------------------------
b. Whether the lack of information would have Not Applicable
significant impact on the financial
statements/results.
c. Whether the auditor has performed Not Applicable
alternative procedures to obtain appropriate
evidence for the purposes of audit/limited
review as laid down in SA 705 (Revised)
d. Whether the lack of information was Not Applicable
prevalent in the previous reported financial
statements/results. If yes, on what basis the
previous audit/limited review reports were
issued.
Any other facts relevant to the resignation: Not Applicable
Declaration
1. I/ We hereby confirm that the information given in this letter and its attachments is correct and
complete.
2. I/ We hereby confirm that there is no other material reason other than those provided above for my
resignation/ resignation of my firm.
Signature of the authorized signatory
Date: 06-10-2026
Place:New Delhi