Change in Auditors

Ref: K/953/NSE&BSE/26-27 Date: 19.10.2026 The Secretary The Manager BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai- 400 001 Mumbai- 400 051 Scrip Code: 523610 Scrip Code: ITI Dear Sir/Madam, Sub: Appointment of Statutory Auditors/Branch Auditors by C&AG for the Financial Year 2026-27 Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has received a letter dated 8th September 2026 from the Comptroller and Auditor General of India (C&AG) regarding the appointment of the following Chartered Accountant firms/LLPs as Statutory Auditor(s)/Branch Auditor(s) of the Company for the financial year 2026–27: S.No Name of the Firm Appointment/Re-appointment 1. S VISWANATHAN LLP Appointment 2. CHANDNANI SINGH &ASSOCIATES Appointment 3. VINAY KUMAR &CO Appointment 4. P N G &CO Appointment 5. MAHADEVAN &SIVARAJAN Appointment 6. U S A &COMPANY Appointment The details of the appointment, including the terms and other relevant particulars, are set out in the letter attached. The acceptance of the appointment by the Statutory Auditor(s)/Branch Auditor(s) in this regard was received by the company during the end of last week. ITI Limited, Registered and Corporate Office, ITI Bhavan, Doorvaninagar, Bengaluru-560 016, India Phone: +(91) (80) 2561 4466, Fax: +(91) (80) 2561 7525, Website:www.itiltd.in CIN: L32202KA1950GoI000640, Email: cosecy_crp@itiltd.co.in This is for your information and record please. Thanking you. Yours faithfully For ITI Limited Y Sathyan Company Secretary & Compliance Officer OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA 9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI - 110 124 No./CA. V/ COY/CENTRAL GOVERNMENT,ITI(6)/544 Dated :08/09/2026 THE MANAGING DIRECTOR ITI LIMITED ITI BHAVAN, DOORAVANI NAGAR BENGALURU-560016 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 PRINCIPAL DIRECTOR OF AUDIT (FINANCE &COMMUNICATION) SHAMNATH MARG,, CIVIL LINES, DELHI-110054 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-I( available on the CAG’s website http://care.cag.gov.in/policy/terms.pdf). Yours faithfully, Sr. Administrative Officer Phone : 011-23509240,011-23509223 E-mail : saoappointment@cag.gov.in ANNEXURE - II LIST OF CHARTERED ACCOUNTANT FIRMS FOR THE YEAR 2026-2027 Sl. PSU Code No Firm Name / Station Audit Details . Unit Code STATUTORY AUDITOR S VISWANATHAN LLP (MD0014) BANGALORE PLANT, CORPORATE No.21, 1st Floor, 10th Cross BENGALUR OFFICE, NS PLANT, EC PLANT, ALL 1 ST.AT Sampige Road, Malleswaram U EIGHT ROs, CONSOLIDATION OF Bangalore A/Cs. BENGALURU - 560003 BRANCH AUDITOR CHANDNANI SINGH &ASSOCIATES (CR4673) C- 161 INDIRA NAGAR ITI RAEBAREILL 2 RAEBARELI RAEBRLY RAE BAREILLY UNIT RAEBAREILLY RAEBAREILLY - 229001,UTTAR PRADESH VINAY KUMAR &CO (CR0165) IST FLOOR, CHANDRA SHEKHAR AZAD MKT., ITI 3 5, SARDAR PATEL MARG NAINI ALLAHABAD NAINI UNIT CIVIL LINES (3) ALLAHABAD ALLAHABAD - 211001,UTTAR PRADESH P N G &CO (DE1569) 64,CANTONMENT MANKAPU 4 MANKAPUR MANAKAPUR UNIT FAIZABAD FAIZABAD - 224001,UTTAR PRADESH MAHADEVAN &SIVARAJAN (SR0782) 10/491, ANUGRAHA ITI 5 GARDEN STREET PALGHAT PALAKKAD PALAKKAD UNIT COLLEGE ROAD (1) PALAKKAD PALAKKAD - 678001,KERALA U S A &COMPANY (SPJ242) LEVEL III AL MADAD COMPLEX SNGR 6 SARAIPAYEEN I.G. ROAD SRINAGAR SRINAGAR UNIT SRINAGAR SRINAGAR SRINAGAR - 190001,JAMMU &KASHMIR (**This is a computer generated letter hence no signature is required**)