Appointment of M/s Arun Ratnawat & Associates, Statutory Auditors to fill casual vacancy

Date: 07TH August, 2026 Ref: MIFL/BSE/BM-OUTCOME-07/AUGUST/2026 Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code:537800 Script ID: MANGIND ISIN: INE717C01025 Kind Attd.: Corporate Relations Department Sub: Outcome of the Board Meeting held on 07th August, 2026 Listing Regulation: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirement) Regulations 2015- Intimation of appointment of M/s. Arun Ratnawat & Associates, Chartered Accountants as the Statutory Auditors. Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that, on basis of the recommendations of Audit Committee, the Board of Directors of the Company, at its meeting held today, Friday, 07th August, 2026, has approved the appointment of M/s Arun Ratnawat & Associates, Chartered Accountants, (ICAI Firm Registration No. 010664C), as the Statutory Auditors of the company to fill the casual vacancy caused by the resignation of M/s. Mahesh Udhwani & Associates, Chartered Accountants. The proposed Statutory Auditors have furnished their consent and eligibility certificate confirming that their appointment, if made, shall be in accordance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder. Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, read with the details pursuant to SEBI circular No. SEBI/HO/CFD/PoD2/1/3762/2026 dated January 30, 2026, is annexed herewith as Annexure The above Board Meeting Outcome will be made available on the Company’s website at www.miflindia.com The meeting commenced at 10:00 P.M. (IST) and concluded at 11:00 P.M. (IST) You are requested to Kindly take note of above and bring the same to the notice of investors and members. Yours Faithfully For Mangalam Industrial Finance Limited Venkata Raman Revuru Managing Director DIN:02809108 Annexure A Details pursuant to Regulation 30 of the SEBI LODR Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/1/3762/2026 dated January 30, 2026: Sr. No Particulars Remarks 1. Reason for change viz. appointment, Appointment of M/s Arun Ratnawat & resignation, removal, death or otherwise; Associates, Chartered Accountants of the company. 2. Date of Appointment/ cessation (as The Board of Directors at their meeting applicable) and term of appointment; held on August 07, 2026 has approved the appointment of M/s Arun Ratnawat & Associates, Chartered Accountants of the company with e(cid:131)ect from 07st August, 2026. 3. Brief Profile (In case of appointment); M/s Arun Ratnawat & Associates, Chartered Accountants (ICAI Firm Registration No. 010664C). A trusted audit and assurance firm committed to delivering independent, accurate, and value-driven financial solutions with the highest standards of integrity and professionalism. Committed to excellence in audit and assurance through technical expertise, ethical practices, and a client-focused approach. 4. Disclosure of Relationship between directors. Not Applicable. (In case of appointment of a director). 5. Resignation of Previous Auditor M/s. Mahesh Udhwani & Associates, Chartered Accountants. Resigned as Statutory Auditor with e(cid:131)ect from 14th May,2026.