Resignation of Mr. Jignesh Sudhirbhai Shah

SHIVANSH FINSERVE LIMITED (FORMERELY KNOWN AS MANSAROVAR FINANCIAL SERVICES LIMITED) CIN:- L65100GJI1984PLC082579 Date: 14-08-2026 The Manager (Listing), BSE Limited PJ Tower, Dalal Street, Fort, Mumbai— 400 001 Scrip Code: 539593 Scrip Id: SHIVA Sub: Outcome of Board Meeting Held on August 14*, 2026 Dear Sir, Pursuant to provisions of Regulation 30 and Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its Meeting held today on Friday, 14" August 2026 have discussed and approved the following key matters: Approval of the Un-audited Financial results for the quarter ended 30™ June, 2026; Resignation of Statutory Auditor of the Company Annexure-| Resignation of Mr. Jignesh Sudhirbhai Shah as a Whole Time Director Annexure-II. Review of other business activities The meeting of the Board of Directors commenced at 4.00 P.M. and concluded at 05:30 P.M. Submission for information and necessary update. Kindly take the above on your record. Thanking you, Yours faithfully, For Shivansh Finserve Limited Mr. Rajesh Fojaji Karwasara Director DIN: 01115598 Regd. & Corporate Office:- 22 First Floor, Harsidhh Complex, Opp. Kalupur commercial Bank, Income Tax, Ashram Road, Ahmedanad - 380014, Gujarat Co No. - +91-7927540337 Mail at:- shivanshfinserse @gmail.com, website: - www.shivanshfinserve.com SHIVANSH FINSERVE LIMITED (FORMERELY KNOWN AS MANSAROVAR FINANCIAL SERVICES LIMITED) CIN:- L65100GJ1984PLC082579 Annexure-I Disclosure of information from the Statutory Auditor upon Resignation Sr. Particulars Details 1 Name of the listed entity/ material | Shivansh Finserve Limited 2 Details of the statutory auditor: a. Name: HSK&CoLLP b. Address: 307, 3" Floor, The Grand Mall, Opp. SBI Zonal Office, S.M. Road, Ambawadi, Ahmedabad-380015 c. Phone number: +91-79-40058744 d. Email: Htco.ca@gmail.com 3 Details of association with the listed entity/ material subsidiary: a. Date on which the statutory auditor | 26 September, 2023 was appointed: b. Date on which the term of the | Conclusion of the Company’s Annual statutory auditor was scheduled to | General Meeting to be held in the expire: year 2028 c. Prior to resignation, the latest | Audit Report for the Year ended 31t audit report/limited review report | March, 2023, 31t March, 2024, 31 submitted by the auditor and date of | March, 2025 and 31 March, 2026 its submission and Limited Review Report for the quarter ended 30" June, 2023, 30t September, 2023, 31 December, 2023, 30" June, 2024, 30% September, 2024, 31 December, 2024, 30" June, 2025, 30t September, 2025, 31t December, 2025 and 30* June 2026 4 Detailed reasons for resignation: Refer to the attached resignation letter 5 In 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) 6 In 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 Regd. & Corporate Office:- 22 First Floor, Harsidhh Complex, Opp. Kalupur commercial Bank, Income Tax, Ashram Road, Ahmedanad - 380014, Gujarat Co No. - +91-7927540337 Mail at: - shivanshfinserse@gmail.com, website: - www.shivanshfinserve.com SHIVANSH FINSERVE LIMITED (FORMERELY KNOWN AS MANSAROVAR FINANCIAL SERVICES LIMITED) CIN:- L65100GJI1984PLC082579 was due toa management -imposed limitation or circumstances beyond the control of the management b. Whether the lack of information would have significant impact on the financial statements/results. c. Whetherthe 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 yes, on what basis the previous audit/limited review reports were issued 7 Any other facts relevant to the resignation: | None Declaration 1. I/ We hereby confirm that the information given in this letter and its attachments is correct and complete. 2. I/ We hereby confirm that there is no other material reason other than those provided above for my resignation/ resignation of my firm. For Shivansh Finserve Limited Mr. Rajesh Fojaji Karwasara Director DIN: 01115598 Regd. & Corporate Office:- 22 First Floor, Harsidhh Complex, Opp. Kalupur commercial Bank, Income Tax, Ashram Road, Ahmedanad - 380014, Gujarat Co No. - +91-7927540337 Mail at: - shivanshfinserse @gmail.com, website: - www.shivanshfinserve.com SHIVANSH FINSERVE LIMITED (FORMERELY KNOWN AS MANSAROVAR FINANCIAL SERVICES LIMITED) CIN:- L65100GJ1984PLC082579 Annexure — IT Name Mr. Jignesh Sudhirbhai Shah Designation ‘Whole Time Director Reason for Resignation Increasing personal and professional commitments requiring my dedicated attention, I find it difficult to continue discharging the responsibilities of Whole Time Director with the level of focus and dedication that the role demands Date of Resignation 14 August, 2026 Effective Date of Cessation 14 August, 2026 Brief Profile Not Applicable Disclosure of relationships between Not Applicable Directors Additional information in case of resignation of an Independent Director Letter of Resignation along with detailed Enclosed as Annexure — I reason for resignation Names of listed entities in which the resigning | NIL director holds directorships, indicating the category of directorship and membership of board committees, if any. The independent director shall, along with the | NIL detailed reasons, also provide a confirmation that there are no other material reasons other than those provided. For Shivansh Finserve Limited Mr. Rajesh Fojaji Karwasara Director DIN: 01115598 Regd. & Corporate Office:- 22 First Floor, Harsidhh Complex, Opp. Kalupur commercial Bank, Income Tax, Ashram Road, Ahmedanad - 380014, Gujarat Co No. - +91-7927540337 Mail at: - shivanshfinserse@gmail.com, website: - www. shivanshfinserve.com SHIVANSH FINSERVE LIMITED l (FORMERELY KNOWN AG MANSAROVAR FINANCIAL BERVICRS LIMITAD) L_TR5o0g°d., C&§ orpoOfrfe:as 2i2 Feiat Foor, Hareldhh Camples, Onp. KakpuC sI cN o - m L m6 er5 e0 i1 s0 G BJ a1 n0 .8 w4 aP aL mC eO2 76 a7 s,D Ashvam Road, Atrmedanad — 300014, Gufarat Ca o, - 49170775 84 40 03 3_7 77 ]| ———————Mall als:= hivanshfciom.n wosbalete:r = vv,e shRivaanshmfinaserlve.lcom — e STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED JUNE 30, 2026 (Rs. In lakhs. except EPS) Quarter Ended Year Ended Particutars 3070672036 3170373034 30/06/2025 31/03/2026 (Audited T [ Revense from Gperstions (unlndll'cd) (uum:.:]) (Unlndll.ld) 26474 11 _| Other Income 2158 540 2011 48.00 11} Total Income (T+1T) 21.56 5.i 63 2011 312.74 IV | Expenses ) Cost of materlals consumed 5 : - T b) Purchase of stock-ln-trade L & - = €) Changes In Inventories of finished goods, work-In-progress and - 519 - 178.68 stock-ln-trade d) Employee benefits expense 3.30 2.73 alae € Finance costs - (0.00) oae N Depreciation and amortisation expenses 0.44 0.61 245 Q) Legal & Professlonal Expenses 6.57 463 1640 h) _Other expenses 1.04 132 5.56 Total Expenses (IV) 11.35 14.48 255.70 v Loss) before exceptional items and tax (ITT-TV) 1021 (5.65) 57.04 VI jonal Ttems = = - VII_| Profitb/efo(reL toax s(Vs-V)I) 10.21 (5.65)| 57.04 VIII [ Tax Expense : 1) Current Tax 2.62 (2.03) 1471 2) Deferred Tax (0.18) (0.08) (0.34)) |__3)S ho/ (rExcetss) provision of IT of earfler years - - - Totatx exapenlses (VIIT) 244 @i 1437 = ‘;\;r)n/(u-) for the period from continuing operations (VII- e (2.58) 42.67 X__| Profit/(Loss) from discontinued operations 5 5 = = XI_| Tax expense of discontinued operations = = = = xxx_| Proft/(Loss) for the period from discontinued operations (after E 5 tax) (X-XT) & i X111 | Profit/(Loss) [Showing first 8,000 characters — download PDF for full document]