Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 - Appointment of Statutory Auditor

CHANDRIMA MERCANTILES LIMITED (CIN: L51909GJ1982PLC086535) Reg off: F-806, Titanium City Center, Anandnagar Road, Satellite, Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380 015 Email Id: chandrimamercantile@gmail.com Website: www.chandrimamercantiles.co.in Date: 26th August, 2026 BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001 Dear Sir / Madam, Sub: Outcome of Board Meeting & Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Security Id: CHANDRIMA / Code: 540829 Pursuant to the Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today i.e. Wednesday, 26th August, 2026 at the Registered Office of the Company situated at F-806, Titanium City Center, Anandnagar Road, Satellite, Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380 015, which commenced at 04:00 P.M. and concluded at 06:30 P.M. inter-alia has, considered and approved: 1. Based on the recommendation of the Audit Committee, Board of Directors recommended the appointment of M/s. M A A K & Associates, Chartered Accountants, (FRN: 135024W), 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 Annual General Meeting, to hold office from the conclusion of the 44th Annual General Meeting until the conclusion of the 49th Annual General Meeting to be held in the year 2031, at such remuneration and terms as may be mutually agreed from time to time. 2. The Notice of 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 Company on Thursday, 17th September, 2026 at 12:00 P.M. (IST) through Video Conferencing (‘VC’) or 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-PoD1/P/CIR/2023/123, dated July 13, 2023 is given in Annexure A. Kindly take the same on your record and oblige us. Thanking You. For, Chandrima Mercantiles Limited Chiragkumar Prajapati Managing Director DIN: 11385719 CHANDRIMA MERCANTILES LIMITED (CIN: L51909GJ1982PLC086535) Reg off: F-806, Titanium City Center, Anandnagar Road, Satellite, Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380 015 Email Id: chandrimamercantile@gmail.com Website: www.chandrimamercantiles.co.in Annexure A The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 provided below: 1. Appointment of M/s. M A A K & Associates, Chartered Accountants, (FRN: 135024W) as the Statutory Auditors of the company for a period of five (5) years from FY 2026-27 to FY 2030-31: Sr. No. Name Particulars 1. Firm Name M/s. M A A K & Associates 2. Firm Registration No. 135024W 3. Address 601-604, Ratnanjali Square, Prernatirth Derasar Road, Anandnagar, Satellite, Ahmedabad – 380 015 4. Constitution Partnership Firm 5. Reason for Change Appointment 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 Annual General Meeting, to hold office from the conclusion of the 44th Annual General Meeting until the conclusion of the 49th Annual General Meeting to be held in the year 2031 6. Date of Appointment 26th August, 2026 7. Term of Appointment To hold office from the conclusion of the 44th Annual General Meeting until the conclusion of the 49th Annual General Meeting to be held in the year 2031 8. Peer Review Validity 30th June, 2027 9. Brief Profile A seasoned finance and audit professional with extensive experience in enterprise risk management, statutory audits, and regulatory compliance, having served as a Manager in the Enterprise Risk Services division at Deloitte Haskins & Sells and currently leading Kenan Satyawadi & Co. as Proprietor. Skilled in conducting statutory and limited review audits of listed companies, as well as concurrent, revenue, stock, and statutory audits of nationalised and co- operative banks, along with expertise in ISA (System) audits and management consultancy. Has successfully handled specialised assignments including bank guarantee audits, inspection audits, and forensic audits, and actively contributes to the professional community as Secretary of the Income Tax Bar Association (Ahmedabad) and Co- Founder of the Chartered Champions Club. 10. Disclosure of relationships Not Applicable between Directors (in case of appointment as a Director)