Resignation of Statutory Auditors of a Material Subsidiary

Tube lnvestments of lndia Limlted "Chola Crest'i No. C54-55 & Super B-4, Thiru -Vi - Ka lndustrial Estate, Guindy, Chennai-600 032, Tel: 91 44 4217 7770-5 Email:tii-secretarial@tii.murugappa.com INDIA Website: www.tiindia.com CIN: 135100TN2008P1C069496 30th July 202G National Stock Exchange of lndia Limited BSE Limited Exchange Plaza, Sth Floor 1st Floor Plot No. C/1, G Block New Trading Ring, Rotunda Building Bandra-Kurla Complex Bandra (E), P J Towers, Dalal Street Fort Mumbai400 051 Mumbai400 001 NSE Svmbol: TllNDlA Securitv Code: 540762 Dear Sir / Madam, Sub: lntimation under Resulation 30 of SEBI (Listins Obliqations and Disclosure Requirements) Resulations. 2015 ("SEBI Listins Resulations) - Resisnation of Statutorv Auditors of a Material Subsidiarv of the Companv. We hereby inform that M/s. Sundaram & Srinivasan, Chartered Accountants (Firm Registration No: 0042075) have tendered their resignation as the Statutory Auditors of M/s. Tl Clean Mobility Private Limited ("TICMPL'), a material subsidiary of the Company, with effect from the conclusion of the sth AGM of TICMPL held today (30th July 2026), to enable TICMPL to have common auditor with Tll to ensure uniformity in the audit process, practices and procedures in the finalisation of accounts. The details as required under SEBI Listing Regulations are enclosed herewith as Annexure l. A copy of the resignation letter along with the annexure containing the details as required under Regulation 30 read with Schedule lll of the SEBI Listing Regulations and the SEBI Master Circular dated 30th January 2026, as received from Sundaram & Srinivasan are enclosed herewith as Annexure ll. Kindly take the above on your record Thanking you Yours faithfully, FoT TUBE INVESTMENTS OF INDIA LIMITED .f.b''ttt S KRITHIKA COMPANY SECRETARY Encl murugoPPq INDIA Annexure I Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations,2015 and SEBI Master Circular dated 30th January 2026 relating to Resiqnation of Statutory Auditors of a Material Subsidiary of the Company. Disclosure requirement Details a) Reason for change viz. Resignation of Statutory Auditors of M/s. Tl Clean Mobility appointment, re-appointment, Private Limited ("TICMPL"), a material subsidiary of the resignation, removal, death or Company. otherwise. M/s. Sundaram & Srinivasan, Chartered Accountants have tendered their resignation as the Statutory Auditors of TICMPL with effect from the conclusion of the 5th AGM of TICMPL held today (30th July 2026), to enable TICMPL to have common auditor with Tll to ensure uniformity in the audit process, practices and procedures in the finalisation of accounts. b) date of appointment/re- With effect from the conclusion of the sth AGM of TICMPL appointment/cessation (as held today (30th July 2026). applicable) & term appointment/re-appoi ntment c) Brief profile case (in of Not Applicable appointment). Disclosure of relationships between Not Applicable. directors (in case of appointment of a director). murugoPPo Annexure II 23, C.P. Ramaswamy Road SUNDARAM & SRINIVASAN Alwarpet, Chennai 600 018 CHARTERED ACCOUNTANTS r 24e8 8762 Offices: Chennai - Mumbai - Bangalore - Madurai Telephone "{ 2498 8463 42Lo 6ssz E-Mail : sundaramandsrinivasan 1948@gmail.com Website : www.sundaramandsrinivasan.com Date: 301h July 2026 The Board of Directors Tl Clean Mobility Private Limited "Chola Crest", No.C54-55 & Super B-4, Thiru-Vi- Ka lndustrial Estate, Guindy, Chennai - 600 032 Dear Sir(s), Sub: ReSignation as Statutory Auditors of the Company We refer to our appointment as the Statutory Auditors of Tl Clean Mobility Private Limited (the "Company") for a term of five consecutive years from the conclusion of the 1st Annual General Meeting ('AGM") till the conclusion of the 6th AGM of the Company. Pursuant to Section 140(2) of the Companies Act, 2013 read rivith the applicable rules made thereunder, we hereby tender our resiqnation as the Statutorv Auditors of the Companv, with effect from the conclusion of the fifth AGM of the Company scheduled to be held on 30th July 2026. This resignation is being tendered in view of the proposed change in auditors across the group, including the appointment of a new statutory auditor for the holding company and its subsidiaries. Based on our discussions, we understand the need for common auditor fbr the holding and subsidiaries to ensure uniformity in the audit process, practices and procedures in the finalisation of accounts. We confirm that there are no other material reasons for our resignation We take this opportunity to place on record our appreciation for the co-operation and assistance extended to us by the management and staff of the Company during our tenure as auditors. Kindly acknowledge receipt of this letter. Thank you, For Sundaram and Srinivasan Chartered Accountants Firm Reqistration No.: 0042075 USHAillS'[U Name of Partner: 5 Usftf SHA Membership Nc'.. 21 1785 Date: 30th July 2026 Place: Chennai 23, C,P. Ramaswamy Road SUNDARAM & SRINIVASAN - Alwarpet, Chennai 600 018 CHARTERED ACCOUNTANTS 2498 8762 Offices: Chennai - Mumbai - Bangalore - Madurai Telephone 2498 8463 { 42LO 6952 E-Mail : sundaramandsrinivasan 1948@gmail.com Website: www.sundaramandsrinivasan.com Annexure S. No Particulars Details Name of the materialsubsidiary TlClean Mobility Private Limited 2 Details of the statutory auditor Name Sundaram & Srinivasan, Chartered Accountants Address New No. 4, Old No. 23, C.P. Ramaswamy Road. Alwaroet. Chennai - 600 018 Phone number: 044 24988762 Emails: Sundaramandsrinivasanl 948@gmail.com 3 Details of association with the material subsidiary a. Date on which the statutory 24th June 2022 - Date of Annual General auditor was appointed: Meeting on which statutory auditor was aopointed. b. Date on which the term of the Till the conclusion of sixth Annual General statutory auditor was scheduled to Meeting to be held in 2027. expire: c. Prior to resignation, the latest lssued Audit report for the financial year audit report/limited review repoft 2025-26 and Limited Review report for Q1 of submitted by the auditor and date FY 2026-27. of its submission, 4 Detailed reasons for resignation This resignation is being tendered in view of the proposed change in auditors across the group, including the appointment of a new statutory auditor for the holding company and its other subsidiaries. Based on our discussions, we understand the need for common auditor for the holding and subsidiaries to ensure uniformity in the audit process, practices and procedures in the fl nalisation of accounts. 5 ln case of any concerns, efforts made by Not Applicable the 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) SUNDARAM & SRINIVASAN 23, C.P. Ramaswamy Road Alwarpet, Chennai - 600 018 CHARTERED ACCOUNTANTS r 24e8 8762 Offices: Chennai - Mumbai - Bangalore - Madurai Telephone I 2498 8463 L 42LO 69s2 E-Mail : sundaramandsrinivasanl94B@gmail.com Website: www.sundaramandsrinivasan.com S- No Particulars Details 6 ln case the information requested by the Not Applicable auditor was not provided, then following shall be disclosed: a. Whether the inability to obtain sufficient appropriate audit evidence was due to management-imposed limitation or circumstances beyond the control of the management. b. Whether the lack of information would have significant impact on fi n a n ci a sta tem ents/ resu lts. 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 y€s, on what basis the previous auditlimited review reports were issued. 7 Any other facts relevant to the resignation Declaration [Showing first 8,000 characters — download PDF for full document]