Change in Auditors

G,r.unru]T GILIGKP/2026-27 July 27 ,2026 BSE Limited National Stock Exchange of lndia Limited ,.EXCHANGE Floor25, PJTowers, PLAZA", Dalal Street, Bandra - Kurla Complex, Bandra (East), Mumbai- 400 001. lNDIA. Mumbai - 400 051. lNDlA. Scrip Code: 532726 Symbol: GALLANTT Sir/Madam, SUB: DISCLOSURE UNDER REG 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE RE UIREMENTS REGULATIONS 2015 - CHANGE IN STATUTORY AUDITOR 1. Resisnation of M/s. Maroti & Associates, Chartered Accountants as Statutorv Auditors of the Companv Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held on 27th )uly,2026 noted and accepted the resignation of M/s. Maroti & Associates, (Firm Registration No. 322170E],, Chartered Accountants, who have tendered their resignation as Statutory Auditors of the Company vide resignation letter dated 21't July, 2026 informing their inability to continue as the Statutory Auditors of the Company. The members of Audit Committee have considered the circumstances of resignation and the committee is aligned with the reasons stated in the resignation letter received from the Statutory Auditor. The Audit Committee also noted that the Statutory Auditors have not raised any concern or issue. The Resignation Letter and information to be obtained from Statutory Auditor upon resignation in accordance with the requirements of the SEBI Circular CIR / CFD / CMDL / 774 / 2019, dated October, 78, 2OL9, is enclosed herewith as Annexure - A. Accordingly, on the recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held on today 27th )uly, 2026 had noted and accepted the resignation of M/s. Maroti & Associates, Chartered Accountants (Firm Registration No: 322770E1, from the position of the Statutory Auditors of the Company upon completion of issuance of limited review report dated 27th )uly,2026 on the Unaudited Financial Results (Standalone and Consotidated) of the Company for the quarter ended 3oth June,2026 by the Auditors. GALLANTT ISPAT LIMITED CIN: L27109UP2N5PLCl95560 RegistereJ Office & Gorakhpur unih Gorakhpur Industrial Development Authority (GIDA), Sahianwa, Gorakhpur - 273209, Uttar Pradesh Tele-far 0551 35"15500, E-mail: csglnl@gallantt'com, Website: www'gallantt'com Guiarat Unit: Survcy No. 175f, Near Totl Gate, Samak hvali, Bhachau' Disft Kutch - 370150' Guiarat Gxrxru-lT 2. ADpoinrment of M/s. Sinehi & Co., Chartered Accountants as Statutorv Auditors of the Companv Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company through resolution passed on 27th July, 2026, subject to approval of members in the ensuing Annual General Meeting (AGM), approved the appointment of M/s. Singhi & Co., (Firm Registration No. 302049E), Chartered Accountants, as the Statutory Auditor of the Company to fill the casual vacancy caused due to the resignation of M/s. Maroti & Associates. The said appointment is pursuant to applicable provisions of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Singhi & Co., Chartered Accountants shall hold office upto the ensuing annual general meeting of the Company. The Board of Directors at its meeting held on today, 27th July,2026 had also noted that there are no reasons other than the reason mentioned in the resignation letter received from the Statutory Auditor for such resignation. Additionally, the requisite disclosures under Regulation 30 of Part A of Schedule lll of SEBI (LODR) Regulations, 2015 and SEBI Master Circular SEBI/HO/CFD/PoD2IC|R/P/0155 dated 11th November, 2024 (updated as on 30th January, 2026) is annexed herewith as Annexure This is for your information and record. Thanking You, Yours faithfu lly, For GAILANTT ISPAT tlMlTED Nitesh Kumar COMPANY SECRETARY M. No. F7496 GALLANTT ISPAT LIMITED CIN: L2209UP2005PLC195650 Registere.l Office & Gorakhpur Unit Gorakhpur Industrial DeveloPment Authority (GIDA)' Sahianwa, Gorakhpu '273209' Uttar Pradesh Tele-far 0551 35155fi), E-mail: csgml@gallantt'com' Website: www'Sallantt'com Guiarat Unit: Survey No. 175fl, Near Totl Gate, Samakhyali' Bhachau' Distt' Kutch - 370150' Gularat Anne.xuf c - Maroti & Associates Head Office: - Diamond He.itage, 5th Floor, unit N5o3. 16. strand Road, Fairley Plae. KolkatE- Toooot. (Chanered Accountants) Ph.: +9133404913OO ErEnch Ofne: - chtEnttu Tffir, 10$ Floor, unit No. 1001. 43. Nehru Place, New Delhl- 11oo19 Ph,: +O1143540996 Emall: - eudllli&eIlliJr Der.: 21n7 .2025 The Board ot Dlredors Gallaitt lspat Limlted GIDA, Sahianwa, Gorakhpu - 273007 Subje.t - Resi8nation a5 Statnory Audltors oI Galantl Lrpat Urhited We, M/s Marotl& Assoclates, Chartered A..ountants (Flrm Re8lstration No.322770E)were appolnted as the Statutory Audltors of the Company to perfom the audit of financial sbtements of the Company for a perlod of 5 Years from Flnanclal Year 2OZ2-23 to Flnan lal ''leat 2m6-27 atlts Annual General MeetlnS held on 296 Septehber, 2022. We had completed our Statutory Audit for the financialyear ended on Merch 31,2026and issued our audit reporl on 5s lvlay, 2026. Over the years, the scale and complexity ofthe audit have increased considerably. Considering our firm's present resource allo€atlon, profusslonal comhitments, our priorities, the commerclal consideration and its complexlty, we have decided to discortinue the audlt enSagemedt. Accordlnglv we wlsh to convey off decislon of re5iSr,ation as Statutory Auditors oftie Company with effect from the conclusion of the ensuinS meetillt of the Boad of Oire.tors. We will issue our lknited revlew report for the quarter ended .lune 30, 2026 In compliance whh Para 6(A) (ii) of SEBI clrcular No. CIRICFD/CMD/LI4/2079 dated October 1& 2019. As per the requirement of the Companies Act, 2013, we shall be forwarding the copy of the ADT-3 to be filed with the Re8istrar of Companles, in due 6ourse. h ls cenified that our flrm neither have any sort of dispute nor have any concern relatlng to suppression of information by the management ofthe Company for the purpose of carrying our audh procedures, Please find enclos€d h€re with Annexure-A comprising the information to be obtained by the Cofipany from the audltors for resignation as required by SEBI Clrcular No. C|R,/CFD/CMDV1ry2019 dated 18 0c! 2019. ThankingYou, YourSinc€rely, F6r Maroti & Arsoclztes Charter€d Accountarfs Firm Registrdtion No, 32270E fui"-a cA Radhika Patodia Partner Membership No.309219 Ahmr6 A Dis.losure ol informaUon as per sEBl Orcular IIo. cln/CFD/CMD1/1 /Zrg dated 18th Octob€r 2019 t. Name ofth€ tisted entlty/material rub6idiary 2. Details of the statutory audltors M/s. Maroti & Asociates Dhmond Herita8e 56 E@r, Offlce - 503, 15, StrEnd Road, Ealrley Place, (olkata - 700001 +q131U14q1300 Email ld 3 Details of assoclatlon with th€ list€d a) Date on ufii.h tte statutory audltor w?s 29.O9.2022 b) Date on whlch the tem of the statutory AnnualGeneral Meetlng to be held a uditor wa scheduled to erpiE tot Ff 2.02627 th t E yeat A27 a) Pior to reslgnation, the lat€n audit W€ have issued the audlt report tur I rcporvlimited review report submitted by the finan.ial y€ar end€d 31st the auditor and date ofiB submission: March, 2026 and wlll be lssuhg the llmited review rcport for th€ quarter ended :loth .lune, 2025. Detaried rcasons for rcslgnatlon Reftr to resignario. letter dared 2L07.2025 5 ln case of any concerns, efiorts made by the audltorp or to rBignatlon {lncludint approaching the Audlt Committee/Board of Directo6 along with the date of mmmunlction made to the Audit Commlttee/Board of Dlrectors) 6. ln .ase the informatlon ,Equesied by the auditor was not provided, th€n tollowine shall be disdos€d a) Whether the llability to obtain sfficient approp.ia [Showing first 8,000 characters — download PDF for full document]