Resignation of Statutory Auditor of the Company

To, Date: August 08, 2026 The Dept of Corporate Services BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001 Ref: SECURITY CODE: 500051; SECURITY ID: BHAGGAS; ISIN INE099C01010 Subject: Intimation of Resignation of Statutory Auditor of the Company Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with SEBI Master Circular No. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 we wish to inform that M/s JAIN PARAS BILALA & CO., Chartered Accountants (Firm Registration No. 011046C) Statutory Auditors of the Company, have tendered their resignation as the Statutory Auditors of the Company vide letter dated August 07, 2026. The resignation shall be effective from close of business hours on August 14, 2026 upon Completion of issuance/signing of Limited Review Report/Audit Report for the financial results for quarter ended June 30, 2026. The details with respect to resignation, including reasons for resignation as mentioned in their resignation letter dated August 07, 2026 are enclosed as Annexure I. The details as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure II. Kindly take this intimation in your record. Yours faithfully, For Bhagawati Gas Limited RAKESH SAMRAT BHARDWAJ Managing Director DIN: 00029757 Annexure I Details required in terms of regulation 30 read with Schedule III of the SEBI Listing regulations and SEBI Master Circular No. HO/49/14/14(7)2025 CFD-POD2/I/3762/2026 dated January 30, 2026: Resignation of the Statutory Auditors of the Company: S. No Details of events that need to be provided Details of Change 1. Reason for change viz appointment, Resignation as Statutory Auditor, Resignation, removal, death or otherwise Reason for change is mentioned in the letter dated August 07, 2026, annexed herewith. 2. Date of Resignation With effect from close of business hours on 14th August, 2026, upon completion of issuance/signing of Limited Review Report and financial results for quarter ended June 30, 2026 3. Brief Profile Not Applicable 4. Disclosure of relationship between director Not Applicable GSTIN : 08AADFJ5301 L1ZF ( Jain Paras Bilala & Co. 50 Ka 2, Jyoti Nagar, Jaipur -302005 (Raj.) Ph.: 0141-2741888,9314524888 Email: pbilala@yahoo.com, pbilala@cajpb.com CHARTERED ACCOUNTANTS INDIA Website: www.cajpb.com Branches : Delhi, Kolkata, Mumbai, Indore (MP), Tirupur (TN), Dibrugarh (Assam), Kota, Jodhpur The Board of Directors, Bhagawati Gas Limited, S-492/A, Greater Kailash-I, New Delhi, India, 110048 Sub: Resignation as StatutoryA uditors of the Company Dear Sir/Madam, We refer to our appointment as Statutory Auditors of the Company, to hold office from the conclusion of the 48th Annual General Meeting of members of Bhagawati Gas Limited (the "company") dated September 30, 2022 for a term of 5 consecutive years till the conclusion of 53rd Annual General Meeting. We wish to inform you that, pursuant to our Firm's periodic review of its professional engagements and engagement continuance policy, the Firm has decided not to continue with the statutory audit engagement of the Company. We confirm that this decision is not arising from any disagreement with the management of the Company. Our resignation shall become effective from August 14, 2026 or the date of conclusion of board meeting for consideration and approval of the unaudited/reviewed financial results of the company for the quarter ended June 30, 2026, whichever is later. Until the effective date of our resignation, we shall continue to discharge our statutory responsibilities as the Statutory Auditors of the Company, including issuance of the Limited Review Report on the unaudited financial results for the quarter ended June 30, 2026. As required by the Companies Act, 2013, we shallf ile a statement in Form ADT-3 in the due course and will forward a copy of the same to the Company for records. Please note that we have issued our audit report dated May 30, 2026 on the Financial Statements for the year ended March 31, 2026. Please find attached herewith in "Annexure-l", the information to be obtained by the Company from the auditors for resignation as required by SEB| Master Circular no. HO/49/14/14(7)2025-CFD POD2//3762/2026 lssued on July 11, 2023 and last updated on January 30, 2026. Thanking You, Yours Faithfully, For Jain Paras Bilala & Co.. Chartered Accountants Firm Registration No.: 011046C SPARAS BlLALA FRN-O11046C CA Piyush Goyal ERED COU Partner Membership No.: 466010 Date: 07.08.2026 GSTIN: 08AADFJ5301L1ZF Jain Paras Bilala & Co. 50 Ka 2, Jyoti Nagar, Jaipur -302005 (Raj.) Ph.: 0141-2741888, 9314524888 INDIA CHARTERED ACCOUNTANTS Email: pbilala@yah00.com, pbilala@cajpb.com Website: www.cajpb.com Branches : Delhi, Kolkata, Mumbai, Indore (MP), Tirupur (TN), Dibrugarh (Assam), Kota, Jodhpur Annexure-ll Details as required under Regulation 30 of LODR read with SEBI Circular HOJ49/14/14(7)2025-CFD-POD2//3762/2026 (updated on January 30, 2026) Resignation of Statutory Auditor Sr. Particulars No. Details 1. Name of the listed entity/ materialsubsidiary: BhagawatiG as Limited (the "Company") 2. Details of the statutory auditor: a. Name: M/s Jain Paras Bilala & Co.. Chartered Accountants b. Address: (FRN.: 011046C) 50 Ka 2, Jyoti Nagar, Jaipur-302005, Rajasthan C. Phone number: 0141-2741888, 9314524888 d. Email: pbilala@yahoo.com 3. Details of association with the listed entityl material subsidiary: a. aD pa pt oe i no tn ed :w hich the statutory auditor was A Ap np no ui an lt Ge ed ea rs lSt Ma etu et to ir ny A hu ed li dt o or ns So ef t th ee bC eo rm 3p 0a n 2y 2i 2n t fh oe a period of five years to conduct the audit of the Company b. wDa at se so cn h ew dh ui lc eh d t th oe et xe pr im r eo :f the statutory auditor f Uo pr ot nh e c F oi nn ca ln uc si ia ol n Y e ofa r ts h e2 0 52 32 rd- A2 n3 n t uo a l20 2 G6 e- n2 e7 r. a l Meeting of the company to be held in the calendar year 2027. C. arP uer pi doo irr tt o/ rl it amo ni dt e ddr a e ts r ei e g v on i fa e t iwi t so rn se, up bor mtt i h sse su ib om nl ia tt te es dt bya u td hi et yI es as ru e ed n dAu ed di t M aR rep co hr 3t 1 d , a 2t 0ed 2 6M a ony t3 h0 e, 2 F0 i2 n6 a, n cf io ar l t Sh te a f ti en ma enc ni ta sl of the Company & we shall continue to discharge our statutory responsibilities as the Statutory Auditors of the Company, including issuance of the Limited Review Report on the unaudited financial results for the quarter ended June 30, 2026. Detailed reasons for resignation: As per our Firm's periodic review of its professional engagements and engagement continuance policy, the Firm has decided not to continue with the statutory audit engagenment of the Company. We confirm that this decision is not arising from any disagreement with the management of the Company. 5. In case of any concerns, efforts made by the auditor prior to resignation (including cDi os mc mu us ns ii co ans t em da d one Aw ui gth u sc to 0m 7,p a 2n 0y 26 .a nd intention to resign approaching the Audit Committee/Board of Directors along with the date of communication made to the Audit Committee/Board of Directors) 6. In case the information requested by the auditor was not provided, then following shall be disclosed: Whether the inability to obtain sufficient appropriate audit evidence was due to a management-imposed limitation or Not applicable circumstances beyond the control of the PARAS 8ILALA, management. b. Whether the lack of information would have significant impact on the financial FRNGP11046C statements/results. GSTIN: 08AADFJ5301L1ZF Jain Paras Bilala & Co. 50 Ka 2, Jyoti Nagar, Jaipur -302005 (Raj.) Ph.: 0141-2741888, 9314524888 INDIA CHARTERED ADCOUNTANTS [Showing first 8,000 characters — download PDF for full document]