BSECompany Update31 Jul 2026 · 31 Jul 2026, 07:09 pm

Resignation of Statutory Auditor.

Croissance Ltd · 531909

✦ AI SummaryAuditor Change

Croissance Ltd has announced the resignation of its statutory auditor, YCRJ & Associates, citing business expansion and geographical relocation of operations as reasons. The auditor has been unable to carry out audit procedures as per the company's expectations due to outstanding unpaid fees and an expanded workload from recent financial reporting amendments.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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Full Announcement

Croissance Ltd - 531909 - Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors

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CROISSANCE LIMITED To, Date: 31.07.2026 BSE Limited P. J. Towers, Dalal Street Mumbai – 400001 Dear Sir, Sub: Intimation for resignation of the Statutory Auditors of the Company. Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Unit: Croissance Limited (Script Code: 531909) With reference to the subject cited and in pursuance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, this is to inform to the Exchange that M/s. YCRJ & Associates, Statutory Auditors of the Company, have tendered their resignation with effect from 31st July, 2026. Company has received the email intimation from the Statutory Auditor on 31st July, 2026 in which they have attached their resignation letter dated 31st July, 2026. Further, the information required from the Auditor in Pursuance of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is enclosed hereunder. This is for the information and records of the Exchange, please. Thanking you. Yours faithfully, For Croissance Limited Sravan Prabhakar Veledandi Managing Director (DIN: 02757599) 306, 1st Floor, 17th Cross, 2nd Block, RT Nagar, Bengaluru 560032, Karnataka Ph: +91 80 23330019 W: www.croissance-group.com E: support@croissance-group.com CIN No: L11019KA1994PLC103470 CROISSANCE LIMITED IN TERMS OF SEBI MASTER CIRCULAR NO. SEBI/HO/CFD/POD2/CIR/P/0155 DATED 11TH NOVEMBER, 2024, THE DETAILS ARE GIVEN AS FOLLOWS: Sl. Particulars Details 1. Name of Auditor YCRJ & Associates 2. Reason for Change viz., appointment, Due to the company’s ongoing resignation, removal, death or otherwise business expansion and geographical relocation of operations, unable to carry out audit procedures as per the expectation of the Company. The partner handling assignment has resigned from firm. Due to outstanding unpaid fees and the expanded workload from recent financial reporting amendments, current fee structure is no longer adequate to continue the audit. 3. Date of Resignation 31.07.2026 4. Disclosure of relationships between directors Not Applicable (in case of appointment of a director) 306, 1st Floor, 17th Cross, 2nd Block, RT Nagar, Bengaluru 560032, Karnataka Ph: +91 80 23330019 W: www.croissance-group.com E: support@croissance-group.com CIN No: L11019KA1994PLC103470