On April 1, 2025, Sharika Enterprises Limited informed the stock exchanges about the appointment of M/s Jaivindra Singh & Associates as the Secretarial Auditor for the Financial Year 2024-25. This disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is in line with the company’s commitment to transparent corporate governance practices.

The appointment was confirmed by the Board of Directors of Sharika Enterprises during a meeting held on March 31, 2025. M/s Jaivindra Singh & Associates, a peer-reviewed Company Secretaries firm, will conduct the Secretarial Audit for the company for the financial year 2024-25.

Details of the Appointment:

1. Reason for Change: The appointment of M/s Jaivindra Singh & Associates is in line with the requirements of Section 204 of the Companies Act, 2013, for conducting the Secretarial Audit for the year.

2. Date of Appointment: The appointment was made on March 31, 2025, and the firm will undertake the audit for the financial year 2024-25.

3. Brief Profile of the Auditor: M/s Jaivindra Singh & Associates has been in the field of Secretarial Audit, Due Diligence, Corporate Laws, and Compliance Management for over 5 years. The firm is known for its expertise and has been peer-reviewed, ensuring its credibility and professionalism.

4. Disclosure of Relationships Between Directors: M/s Jaivindra Singh & Associates is not related to the company, ensuring that the appointment is unbiased and in the best interest of corporate governance.

The disclosure also referenced SEBI's Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, as required for such announcements.

The meeting in which this appointment was finalized commenced at 10:00 PM on March 31, 2025, and concluded at 2:00 AM on April 1, 2025.

Importance of the Appointment:

The appointment of a Secretarial Auditor is an essential practice for ensuring that the company adheres to the legal and regulatory requirements in place under the Companies Act, 2013, and SEBI regulations. This appointment also reinforces the company's commitment to corporate governance and compliance standards.

This disclosure has been made available to the public and stakeholders for transparency, and it ensures that the company is in compliance with the necessary regulatory frameworks.

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