CIE Automotive India Limited — Important, 20-02-2025: Updates

The Board of Directors has approved the appointment of M/s. SVD & Associates as the Secretarial Auditor of CIE Automotive India Limited, pending approval from shareholders at the upcoming 26th Annual General Meeting. This appointment will be for a term of five consecutive years, covering the financial years ending December 31 from 2025 through 2029. SVD & Associates, established in 2014, boasts a team of qualified professionals with expertise in secretarial audit and corporate advisory services, catering to various clients, including listed and multinational companies. This move aligns with the company's commitment to maintaining robust corporate governance practices, potentially enhancing investor confidence. Shareholders may view this as a strategic enhancement in the company’s oversight functions.