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.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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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