Valencia India Ltd — Important, 02-01-2026: Company Update

Valencia India's Audit Committee considered the resignation of its statutory auditors, M/s. Doshi Doshi & Co. The Committee confirmed that the auditors did not raise any concerns regarding management conduct, information access, or the quality of financial reporting. After reviewing the situation, the Committee concluded that auditors were provided sufficient information during their tenure, no unresolved issues exist, and the resignation will not adversely impact the integrity of the company's financial statements. This reassures investors that the auditor change is proceeding without any red flags or hidden issues.