Board Recommended, the Appointment of Statutory Auditor

Date: 12th August, 2026 To, To, BSE Limited The Head - Listing & Compliance Phiroze Jeejeebhoy Tower, Metropolitan Stock Exchange of India Limited Dalal Street, Exchange Square, Suren Road, Chakala, Mumbai – 400 001 Andheri (East), Mumbai – 400 093 Security Id: SNIM Symbol: SVARNIM Script Code: 539911 Series: EQ Dear Sir / Madam, Subject: Outcome of Board Meeting and Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their meeting held today i.e. Wednesday, 12th August, 2026 at registered of(cid:976)ice of the Company situated at 3A Mangoe Lane, 1st Floor Surana House, Kolkata, West Bengal, India, 700 001, which commenced at 05:30 P.M. and concluded at 07:30 P.M. inter alia has considered and approved the following: 1. Appointment of Ms. Nidhi Bansal (DIN: 09693120) as an Additional Non-Executive and Independent Director of the Company w.e.f. 12th August, 2026. 2. Change in Registered office of the Company from 3A Mangoe Lane, 1st Floor Surana House, Kolkata, West Bengal, India, 700001 (In the State of West Bengal) to Maa Chintpurni Traders Gali Punjab Guest House Wali Colony Ashok Vihar, Nurmahal Road, Nakodar Distt. Jalandhar, Punjab, India, 144040 (In the State of Punjab) Subject to the approval of shareholders at the ensuing AGM. 3. Taking Note of resignation of M/s. D G M S & Co., Chartered Accountants, Jamnagar (FRN: 0112187W) has resigned as a Statutory Auditor of the Company w.e.f. 12th August, 2026. The copy of the resignation letter dated 12th August, 2026 with Annexure as received from M/s. D G M S & Co., Chartered Accountants, Jamnagar is attached herewith. There were no concerns raised by the resigning auditor with respect to the management of the Company or the resignation. Hence, there was no deliberation on same required to be done by the Audit Committee and consequent disclosure of Audit Committee’s view is not applicable. 4. Based on the recommendation of the Audit Committee, the Board recommended, subject to shareholders’ approval, the appointment of M/s. B B Gusani & Associates, Chartered Accountants, Jamnagar (FRN: 140785W), as Statutory Auditors of the Company to fill the casual vacancy arising from the resignation of M/s. D G M S & Co., Chartered Accountants, Jamnagar (FRN: 0112187W), w.e.f. 12th August, 2026, until the conclusion of the ensuing 44th AGM. 5. Based on the recommendation of the Audit Committee, the Board recommended the appointment of M/s. B B Gusani & Associates, Chartered Accountants, Jamnagar (FRN: 140785W), as the Statutory Auditors of the Company for a period of five (5) years from FY 2026-27 to FY 2030-31, subject to the approval of the members at the ensuing 44th AGM, to hold office from the conclusion of the 44th AGM until the conclusion of the 49th AGM, at such remuneration and terms as may be mutually agreed from time to time. 6. Reconstitution of the Audit Committee (“AC”) of the Company w.e.f. 12th August, 2026: Sr. No. Name of Director Category Designation 1. Ms. Chiranggi Rahul Goud Chairperson Non-Executive and Independent Director 2. Ms. Nidhi Bansal Member Non-Executive and Independent Director 3. Ms. Surbhi Aggarwal Member Non-Executive and Non-Independent Director 7. Reconstitution of the Nomination and Remuneration Committee (“NRC”) of the Company w.e.f. 12th August, 2026: Sr. No. Name of Director Category Designation 1. Ms. Chiranggi Rahul Goud Chairperson Non-Executive and Independent Director 2. Ms. Nidhi Bansal Member Non-Executive and Independent Director 3. Mr. Gulshan Kumar Aggarwal Member Non-Executive and Non-Independent Director 8. Taking Note of resignation of Mr. Manish Shrichand Bachani (DIN: 08013906) from the Position of Non-executive and Independent Director of the Company with effect from conclusion of the business hours on 12th August, 2026. Further, the Company has received con(cid:980)irmation from Mr. Manish Shrichand Bachani that there are no other material reasons for his resignation other than those which are provided in his resignation. 9. Approved the Notice of the 44th Annual General Meeting (“AGM”), Director’s Report and other related documents forming the part of AGM to be sent to shareholders and decided to hold 44th Annual General Meeting (“AGM”) of the Shareholders of the Company on Monday, 7th September, 2026 at 04:00 P.M. through Video Conferences (“VC”) / Other Audio-Visual Means (“OAVM”). The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are given in Annexure – I. Kindly take the same on your record and oblige us. Thanking You For, Svarnim Trade Udyog Limited Surbhi Aggarwal Whole-time Director DIN: 08409763 Annexure – I The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are provided as below: 1. Appointment Ms. Nidhi Bansal (DIN: 09693120) as Additional Non-Executive and Independent Director of the Company w.e.f. 12th August, 2026: Sr. No. Particulars Details 1. Name of the Director Ms. Nidhi Bansal 2. Reason for change viz. appointment, Appointment resignation, removal, death or otherwise Term: Appointment subject to approval of Shareholders in General Meeting 3. Designation Additional Non-Executive and Independent Director 4. Date of appointment / cessation (as 12th August, 2026 applicable) 5. Brief profile (in case of Ms. Nidhi Bansal is a Qualified Company Secretary and appointment) a member of the Institute of Company Secretaries of India (ICSI) with 5 years of professional experience in the fields of Corporate Governance, Corporate Laws and other applicable laws. She possesses sound knowledge and understanding of regulatory and compliance matters and brings analytical thinking, integrity and a strong commitment towards contributing effectively to the functioning of the Company as an Independent Director. 6. Disclosure of relationships between Ms. Nidhi Bansal is not related to any Director of the Directors (in case of appointment of a Company. director) 2. Resignation of M/s. D G M S & Co. Chartered Accountants, Jamnagar (FRN: 0112187W) as a Statutory Auditor of the Company: Sr. No. Particulars Details 1. Name M/s. D G M S & Co. 2. Reason for change viz. appointment, Due to pre occupation in other work and assignments resignation, removal, death or otherwise 3. Designation Statutory Auditor 4. Date of appointment / cessation (as 12th August, 2026 applicable) 5. Brief profile (in case of N.A. appointment) 6. Disclosure of relationships between N.A. Directors (in case of appointment of a director) 7. Letter of Resignation along with Letter of Resignation is attached with this annexure. detailed reasons for resignation and M/s. D G M S & Co. has confirmed that there is no Confirmation that there is no other material reason for their resignation, other than those material reasons other than those stated in the resignation letter. provided 3. Appointment of M/s. B B Gusani & Associates, Chartered Accountants, (FRN: 140785W), Jamnagar (“The Firm”) as Statutory Auditors of the Company to fill up the Casual Vacancy: Sr. No. Name Particulars 1. Firm Name M/s. B B Gusani & Associates 2. Firm Registration No. 140785W 3. Address 219, Manek Centre, P.N. Marg, Jamnagar, Gujarat – 361008 4. Constitution Proprietary Firm 5. Reason for Change To fill the casual vacancy arising from the resignation of M/s. D G M S & Co., Chartered Accountants, Ahmedabad (FRN: 0112187W) w.e.f. 12th August, 2026, until the conclusion of the ensuing 44th Annual General Meeting. 6. Date of Appointment 12th August, 2026 7. Term of Appointment With effect fr [Showing first 8,000 characters — download PDF for full document]