NSEGeneral Updates4d ago · 5 Nov 2026, 05:16 pm

General Updates

Enviro Infra Engineers Limited · EIEL

✦ AI SummaryAuditor Change

Enviro Infra Engineers Limited has informed the Exchange about the resignation of Statutory Auditor of its material subsidiary, Suyog Urja Limited, due to the company's decision to align its audit and financial reporting framework with that of its parent company.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Enviro Infra Engineers Limited has informed the Exchange about Resignation of Statutory Auditor of Material Subsidiary

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ENVIRO_05112026171637_Intimation.pdf

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Date: 5th November, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400001 S crip Symbol: EIEL Scrip Code: 544290 Sub: Resignation of Statutory Auditor of material subsidiary of the Company Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular dated 30th January, 2026, we hereby inform that, M/S Nikunj Raichura & Associates (Firm Registration Number: 158531W), have resigned as the Statutory Auditors of the Material Subsidiary, i.e. Suyog Urja Limited (“SUL”), with effect from November 04, 2026. The resignation letter submitted by M/s. Nikunj Raichura & Associates, along with the details furnished by the Statutory Auditors in accordance with the SEBI Circular, is enclosed herewith. The Audit Committee of SUL and the Audit Committee the Company in their respective meetings held today i.e. 05.11.2026, took note of the resignation and the disclosure made by the Statutory Auditors and noted that they have not raised any concerns in relation to their resignation. Kindly take the above information on record. Yours Faithfully, For Enviro Infra Engineers Limited (Piyush Jain) Company Secretary & Compliance Officer A57000 Encl: a/a ANNEXURE – I DETAILS REQUIRED UNDER REGULATION 30 READ WITH SCHEDULE III PART A OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SEBI CIRCULARS Resignation of M/s. Nikunj Raichura & Associates as the Statutory Auditors of Suyog Urja Limited, material subsidiary of the Company. S. No. Particulars Details a) Name of the Company Suyog Urja Limited b) Reason for change viz. Resignation appointment, resignation, removal, death or otherwise c) Date of cessation 04.11.2026 d) Brief profile (in case of Not Applicable appointment); e) Disclosure of relationships Not Applicable between directors (in case of appointment of a director). NIKUNJ RAICHURA & ASSOCIATES CHARTERED ACCOUNTANTS Date: 04 November 2026 The Board of Directors Suyog Urja Limited 606, 607, Gateway Plaza Co. Op. Premises Society Limited, Hiranandani Gardens, Powai, Mumbai, Maharashtra – 400076 Sub: Resignation as Statutory Auditors of Suyog Urja Limited Dear Sir/Madam, This is to inform you that we hereby tender our resignation as the Statutory Auditors of Suyog Urja Limited with effect from 04 November 2026. Our resignation is pursuant to the request received from the Company vide its communication dated 02 November 2026, consequent to the recent change in management and the Company's decision to align its audit and financial reporting framework with that of its parent company and the larger group. As communicated by the management, the Company proposes to appoint the existing Group Auditor of the parent company as its Statutory Auditor to facilitate greater synergy in the audit approach, uniformity in accounting and reporting practices, and efficient consolidation of financial statements at the parent company level. Accordingly, we are tendering our resignation to facilitate the Company's proposed change in audit arrangements. We confirm that our resignation is solely on account of the aforesaid management request and the proposed alignment of the Company's audit and financial reporting framework with that of the parent group, and is not attributable to any concerns regarding our professional conduct or performance as Statutory Auditors. We would like to place on record our sincere appreciation to the Board of Directors and the management for the cooperation, support and professional courtesy extended to us during our tenure as Statutory Auditors. Thanking you, Yours faithfully, For Nikunj Raichura & Associates Chartered Accountants Firm Registration No.: 158531W Nikunj Raichura Proprietor Membership No.: 180493 2nd Floor, Office No. 203, Hub Town Solaris, Teli Gali Cross Road, Andheri East, Mumbai - 400069 Annexure-1 Disclosure of information from the statutory auditor upon resignation S. No Particulars Details 1. Name of the material subsidiary Suyog Urja Limited (“Material Subsidiary”) Details of the statutory auditor: a. Name NIKUNJ RAICHURA & ASSOCIATES (Firm Registration Number: 158531W) b. Address 2nd Floor, Office No. 203, Hub Town Solaris, Teli Gali Cross Road, Landmark Big Boy Toys, Andheri East, Mumbai, Maharashtra- 400069 c. Phone Number +91 9768389351 d. Email auditor@nra.ind.in Details of association with the material subsidiary: a. Date on which the statutory auditor 30.09.2025 was appointed b. Date on which the term of the Appointed as Statutory Auditor for the period statutory auditor was scheduled to of 5 year from 2025-26 till conclusion of Annual expire General Meeting to be held in F.Y. 2030-31 c. Prior to resignation, the latest audit Limited review report for the quarter and half report/limited review report submitted year ended September 30, 2026, issued on by the auditor and date of its submission November 03, 2026 4. Detailed reasons for resignation Refer to the attached resignation letter In case of any concerns, efforts made by the auditor prior to resignation (including approaching the Audit 5. Not Applicable 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: 6. a. Whether the inability to obtain Not Applicable sufficient appropriate audit evidence was due to a management-imposed limitation or circumstances beyond the control of the management b. Whether the lack of information would have significant impact on the financial statements/resuIts c. Whether the auditor has performed 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 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 7. None resignation Declaration: 1. I hereby confirm that the information given in this letter and its attachments is correct and complete. 2. I hereby confirm that there is no other material reason other than those provided above for resignation of my firm. Yours faithfully, For Nikunj Raichura & Associates Chartered Accountants Firm Registration No.: 158531W Nikunj Raichura Proprietor Membership No.: 180493 Date:-04 November, 2026