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.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Enviro Infra Engineers Limited has informed the Exchange about Resignation of Statutory Auditor of Material Subsidiary
Attachments (1)
📄pdf
Download →
ENVIRO_05112026171637_Intimation.pdf
View document text
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