SGL Resources Ltd — Important, 04-09-2025: Company Update

SGL Resources Limited's statutory auditor, R.V. Somani & Associates, has resigned due to pre-occupation with other assignments. This follows their recent submission of audit reports for the company's standalone and consolidated financial results for the year ended March 31, 2025. The consolidated report highlighted the subsidiary, Jyacad Solutions Private Limited, with total assets of 0.00571 Cr, a net loss of 0.00484 Cr, and total comprehensive income of 10.15 for the year. To fill this casual vacancy, the company has appointed M/s. Ram Chandak & Associates as the new statutory auditor, effective from September 5, 2025, pending shareholder approval. This change ensures continued financial oversight.