Can Fin Homes Ltd. — Board/Management Information 2021

Aug 11, 2021

CAN FIN HOMES LTD Registered Office No. 29/1, 1st Floor, Sir M N Krishna Rao Road Basavanagudi, BENGALURU - 560 004 E-mail: investor.relationship(g)canfinhomes.com Tel : 080 48536192 Fax :080 26565746 Web: www.canfinhomes.com CIN:L85110KA1987PLC008699

CFHRO SE CS LODR 116/2021 11/08/2021

ONLINE SUBMISSION

	RationalExchange ofIndiaStockLtd.,	BSE Limited
s/	Exchange Plaza, C-l,Block G,	CorporateRelationshipDepartment
	Bandra Kurla Complex,	25thFloor, P J Towers
	Bandra (E)	Dalai Street,Fort,
	Mumbai -400051	Mumbai -400001
	NSE Symbol:CANFINHOME	BSE Scrip511196Code:

Dear Sirs,

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Change in Auditors

This is to inform that the statutory auditors of the Company M/s. Varma & Varma, Chartered Accountants, (Firm Registration No. 004532S), have given the letter of resignation dated 10/08/2021, consequent to applicability of RBI guidelines dated 27/04/2021.

The resignation would take effect from the date on which the new Auditors are appointed at the ensuing Annual General Meeting of the Company (Scheduled on 08/09/2021). A copy of the said resignation letter and Annexure-A, as required under the SEBI Circular No.CIR/CFD/CMDl/114/2019 dated 18/10/2019, are enclosed.

The reason for resignation:

The Auditors have submitted the letter of resignation due to operation of the guidelines issued by the Reserve Bank of India (Ref. No. DoS.CO.ARG/SEC.01 /08.91.001/2021-22 dated 27/04/2021. As per the said guidelines they are not eligible to continue as Auditors of the Company as they have already completed four years as Statutory Auditors of the Company.

The Audit Committee at its meeting held on 11/08/2021 noted the contents of the letter of resignation of M/s Varma & Varma, Statutory Auditors of the Company and of the view that there are no concerns for deliberations by the Committee since the resignation is on account of applicability of regulatory guidelines.

This intimation is pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) read with subclause (7A) of Clause A in Part A of Schedule III of SEBI (LODR).

The above intimation may please be taken on record and disseminated.

Thanking you,

Yours faithfully,

For Can Fin Homes Ltd.,

Veena G Kamattr AGM & Company Secretary

Enel: As above.

August 10, 2021

Tel : +91+80+42444999 Fax : +91+80+42444900 E-mai! : bangalore@varmaandvarma.com Chartered Accountants

To, Mr. Prashanth Joishy, Chief Financial Officer, Can Fin Homes Limited 29/1, M. N Krishna Rao Road, Near Laibagh West Gate, Basavanagudi P.S Bangalore - 560 004

Dear Sir,

Sub: Completion of our term as auditors of your company due to regulatory changes -re.

Ref: Your Letter no.CFHRO/F&A/SCA/404/2021-22/OR dated 9th August, 2021.

As you are aware due to the operation ofthe guidelines issued by the Reserve Bank of India (Ref no. DoS.CdARG/SEC.01/08.91.001/2021-22 dated 27th April, 2021, we are not eligible to continue as auditors of your company for the FY 2021-22 onwards although our present appointment was for a period upto the Annual General Meeting following the FY 2022-23.

Under these circumstances, kindly considerthis letter as resignation by us to take effect from the date on which the new auditors are appointed at your forthcoming Annual General Meeting.

We shall arrange to file Form ADT-3 withthe Registrar of Companies on receipt of confirmation from your end.

This may be brought to the attention of the Audit Committee ofthe Board.

Please find attached in Annexure A, the information to be obtained by the company from the auditors for the resignation as required by Securities and Exchange Board of India - Circular no.CIR/CFT/CMD1/114/2019 dated 18,h October, 2019.

Thanking you,

Yours faithfully,

For VARMA & VARMA Chartered Accountants FRN 004532S

I /

GEORGY MATHEW Semor Partner M.No.209645

Cc to: Company Secretary

Enel: Annexure A

#424, 4th C MAIN, 6TH CROSS, OMBR LAYOUT, BANASWADI, BANGALORE - 560 043.

Office al	; Kochi
Telephone No.: 2301596
	2301366
	2302223

Chennai 24452239 24423496 24454234

Thlruvananthapuram 2435344 2435345

Thrissur 2335347 2335394 2322889 2306353 2300056

Kozhikode Kannur 2701304 2709346

66628081

Hyderabad Mumbai 66625660 28395837

awna

Chartered Accountants

Annexure A

Disclosure of information from the statutory auditor upon resignation:

Name of the listed entity/ material subsidiary:1.	Can Fin Homes Limited
Details ofthe statutory auditor:2.
Name:a.	Varma & Varma, Chartered Accountants
Address:b.	424, 4th C Main, 6th Cross, OMBR Layout,Banaswadi, Bangalore 560043
Phone number:c.	080-42444999
d.Email:	bangalore@varmaandvarma.com
ofassociationwithDetailsthelistedentity/3.material subsidiary:
Dateonwhichthestatutoryauditor wasa.appointed:	'28lh June2017
of thewhichDateonthetermstatutoryb.auditor was scheduled to expire:	Upto date of Annual General Meeting to beheld in Year 2022
Priortoresignation,thelatestauditc.report/limited review report submitted by theauditor and date of its submission.	Limited Review for the quarter ended 30thJune' 2021 vide our report dated 22nd July*2021.
Detailed reasons for resignation:4.	Due to regulatory changes by the ReserveofBankIndia"GuidelinesforonAppointment of Statutory Central Auditorsof(SCAs)/StatutoryAuditors(SAs)CommercialBanks(excludingRRBs)tUCBs and NBFCs (including HFCs)'' VideRBI Notification RBI/2021-22/25 Ref. No.DoS.CO.ARG/SEC.01/08.91.001/2021-22dated April 27, 2021, we are ineligible tocontinue as auditors as we have alreadycompleted four years as auditors.
In case of any concerns,efforts made by the5.auditor prior to resignation (including approachingthe Audit Committee/Board of Directors along withthe date ofcommunicationmade to the AuditCommittee/Board of Directors)	Not applicable

#424, 4th C Main, 6th Cross, OMBR Layout, Banaswadi, Bangalore 560043 Tel: +91+80+42444999, Email: bangalore@varmaandvarma.com

	$(J/fia/vna
Chartered Accountants
	In case the information requested by the auditor6.wasnotprovided,thenfollowingshallbedisclosed:	Not Applicable
	Whethertheinabilityobtainsufficienta.toaudit evidenceappropriatewas duetoaormanagement-imposedlimitationofcircumstancesbeyondthecontrolthemanagement
	Whether the lack ofinformation would haveb.significantimpactonthefinancialstatements/results.
	Whethertheauditorhasperformedc.alternative procedures to obtain appropriatethe purposes ofevidence foraudit/limitedreview as laiddown in SA 705 (Revised)
	Whetherthe lack ofinformationwasprevalentd.previousinthereportedfinancialstatements/results. Ifyes, on what basis thepreviousaudit/limited review reportswereissued.
	Any other facts relevant to the resignation:7.	Nil

Declaration:

Place: Bengaluru Date: 10th August1 2021

• 1. We hereby confirm that the information given in this letter and its attachments is correct and complete.
• 2. We hereby confirm that there is no other material reason other than thoseprovided above forresignation ofmy firm.

For VARIWA & VARMA Chartered Accountants ^ FRN 004532S

'ORGY MATHEW Partner M.No.209645 xy-

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424,4th C Main, 6th Cross, OMBR Layout, Banaswadi, Bangalore 560043 Tel; +91+80+42444999, Email: bangalore@varmaandvarma.com