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GACM Technologies Limited — Regulatory Filings 2021
Aug 14, 2021
60715_rns_2021-08-14_90090fef-926d-4e31-a4d9-38cf1fb502d0.pdf
Regulatory Filings
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With reference to the captioned subject, this is to inform you that M/s. Navitha and Associates, Chartered Accountants (FRN: 012026S), the Statutory Auditors of the Company have resigned from the position of the Statutory Auditors of the company w.e.f. August 13, 2021.
| To, | To, | ||||
|---|---|---|---|---|---|
| The Secretary, | The Manager, | ||||
| Listing Department | Listing Department, | ||||
| BSE Limited | National Stock Exchange of India Limited | ||||
| P.J Towers, Dalal Street, Fort, | Exchange 5Floor, Plaza. C/1, Plot No. G |
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| Mumbai | - 400 001 | Bandra-Kurla Bandra Complex, Block (E), |
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| Mumbai-400051, Maharashtra. | |||||
| Code: 531723 / 570005 Scrip |
Symbol: STAMPEDE SCAPDVR / |
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| Company under Resignation Statutory Auditor of the Intimation Subject: of the for Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure LODR Requirements) 2015 and Regulations, Regulations) SEBI circular No. (SEBI_ CIR/CFD/CMD/114/2019 dated October 18, 2019: Dear Sir / Madam, With captioned inform Navitha reference you and M/s. subject, that the this to to is Associates, Chartered Accountants (FRN: 012026S), the Statutory Auditors of the Company have resigned from the position of the Statutory Auditors of the company w.e.f. August 13, 2021. |
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| SEBI LODR Regulations read with SEBI Circular dated 09% September, 2015: | Details as per Sub-clause (7) under Para A of Part A of Schedule III under Regulation 30 (2) of | ||||
| 1 | Name of Auditor | M/s. Navitha and & Associates | |||
| Reason for Change viz., appointment, Resignation due to Disagreement W.R.T. | |||||
| removal, death resignation, or |
in the Audit Fees as proposed increase |
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| otherwise | by Statutory Auditors. | ||||
| Effective Date of resignation | August 13, 2021 | ||||
| Brief profile | Not Applicable | ||||
| between Disclosure relationships of Directors. |
Not Applicable |
Registered Office: KURA Towers, 10th Floor, D. No.1-11-254 and 1-11-255, S.P. Road, Begumpet, Secunderabad-500016, Telangana, India CIN: L67120TG1995PLC020170

Further, as per Sub-clause (7A) inserted under Para A of Part A of Schedule III under Regulation 30(2) of SEBI LODR Regulations which requires detailed reasons to be disclosed by the listed entities to the stock exchanges in case of resignation of the auditor of a listed entity. The Copy of the Resignation Letter dated August 13, 2021 along with Annexure A as received from M/s. Navitha and Associates is attached herewith.
We request you to take the above on your record.
Thanking You, Yours faithfully,
For and on Behalf of STAMPEDE CAPITAL LIMITED
Abhish Digitally signed
by Abhishek Jain
also Date: 2021.08.14 $ek$ Jain 09:05:25 +05'30'
Abhishek Jain Company Secretary & Compliance Officer Membership No.: A62027
Date : August 14, 2021 Place : Hyderabad Encl $: a/a$
Registered Office: KURA Towers, 10th Floor, D. No.1-11-254 and 1-11-255, S.P. Road, Begumpet, Secunderabad-500016, Telangana, India CIN: L67120TG1995PLC020170

Navitha And Associates OX, N
CHARTERED ACCOUNTANTS, # 16-2-740/75, Plot No.84, V.K.Dhage Nagar, Dilsukh Nagar, Hyderabad — 500 060. T.S. Cell: 09848338091 Email: [email protected]
To, The Board of Directors, M/s Stampede Capital Limited (Company) KURA Towers, 10th Floor, D. No.1-11-254 and 1-11-255, S.P. Road, Begumpet, Secunderabad, Hyderabad-500016, Telangana, India.
Sub: Letter of Resignation as Statutory Auditor
Dear Sir/Madam,
I regret to inform you that due to commercial view, as discussed with the management of the company, considering that the proposed audit fees do not commensurate with the time and efforts involved in carrying out the audit, we would not be in a position to continue as statutory auditors of the Company. Accordingly, please accept our resignation with immediate effect and acknowledge the same.
I take this opportunity to express my appreciation to the management, the Board of Directors, the Audit Committee and the employees of the company for their co-operation during our tenure as a statutory auditor of the company and wish success to the company in all its endeavors.
Please find enclosed herewith Annexure- A the information to be obtained by the Company from the auditors for the resignation as required by SEBI circular CIR/CFD/CMD1/114/2019 dated 18 October 2019.
Navitha and Associates Chartered Accountants ICAI Firm Reg No.: 012026S
"\ iy 7» dN0 ASs, \ s | ~ = . we a C» \ \ 3 (ss ) . *% \ M.No.221085 | a c? Gy Navitha. K \% of Proprietor Date: 13.08.2021 Membership Number: 221085 Place: Hyderabad
Annexure-A
DISCLOSURE OF INFORMATION FROM STATUTORY AUDITOR UPON RESIGNATION
| Annexure-A | |||
|---|---|---|---|
| Sr. No. | Particulars | DISCLOSURE OF INFORMATION FROM STATUTORY AUDITOR UPON RESIGNATION Remarks |
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| 1. | Name Listed the of |
Entity/ Stampede Capital Limited ("the Company") | |
| 2. | Material Subsidiary: Name of the Statutory Auditor: |
Chartered Navitha and _ Associates, M/s. |
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| Address the _ of |
Accountants Statutory 16-2-740/75, Dhage Nagar, Plot No. V.K. 84, |
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| Auditor: | Hyderabad-500060, Dilsukh Telangana, Nagar, India. |
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| Phone number of the Statutory 09848338091 Auditor: |
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| Email of the Statutory Auditor: [email protected] | |||
| 3. | Details of association with the listed entity/ material subsidiary: |
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| Date on which the statutory M/s. a. |
appointed Navitha and Associates was as |
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| auditor was appointed: | Company Annual Statutory Auditor the of in |
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| General Meeting held on 28/09/2018 for period Annual conclusion from years the this of 5 |
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| Meeting Annual General conclusion the of till Meeting to General Year Financial held be for |
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| 2022-23. | |||
| b. statutory auditor the |
Date on which the term of At the conclusion of Annual General Meeting for was the Financial Year 2022-23. |
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| scheduled to expire: | |||
| resignation, Prior to c. Report Audit Latest / |
the Limited Review Report on Unaudited Financial Company for the quarter ended Results of the |
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| Limited Review' submitted auditor by the and date of its submission. |
Report 30% June, 2021 dated 13™ August, 2021. | ||
| 4. | reasons Detailed |
proposed for Considering the does audit not fees |
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| Resignation: | commensurate with the time and efforts involved in carrying out the audit, we would not be in a |
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| position to continue as statutory auditors of the Company. |
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| 5. | In case of any concerns, efforts made by the auditor prior to resignation (including approaching the Audit |
| communication made to the Audit Committee/Board | ||
|---|---|---|
| of Directors) | ||
| 6. | In case the information requested by the auditor was not provided, then following shall be disclosed: |
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| Whether' obtain _ sufficient inability the _ to a. appropriate evidence was audit due to a |
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| management-imposed limitation or circumstances beyond the control of the management. |
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| Whether would information have lack the of impact financial significant the on statements /results. |
Not Applicable | |
| Whether performed auditor alternative has the procedures to obtain appropriate evidence for the |
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| purposes of audit/limited review as laid down in SA 705 (Revised) |
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| Whether the lack of information was prevalent in the previous reported financial statements/results. |
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| what previous audit/limited basis If yes, on the review reports were issued. |
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| Any other facts relevant to the resignation: | None |
Declaration
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- I hereby confirm that the information given in the letter and its attachment is correct/true and complete.
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- | hereby confirmed that there is no other material reason other than those provided above for resignation of my firm.
Thanking you,
Yours faithfully Navitha and Associates Chartered Accountants ICAI Firm Reg No.: opeoeee

Date: 13.08.2021 Place: Hyderabad