The Manager The Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Mumbai - 400 001 Scrip Code· 540775

The Manager The Listing Department National Stock Exchange of India Limited Exchange Plaza, BandraKurla Complex, Bandra (East), Mumbai - 400051 Symbol ·KHADIM .

Dear Sir I Madam,

~ub: Change in Statutory Auditors of Khadim India Limited (the "Company")

Pursuant to the provisions of Reguiation 30 read with sub-para 7A of Para A in Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') and SEBI Circular Number CIRlCFD/CMD1/114/2019 dated October 18, 2019, we would like to inform you that based on the due recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held today i.e., August 11, 2021 have noted and accepted the resignation of M/s. Deloitte Haskins & Sells, Chartered Accountants (Firm Registration No. 302009E) who have tendered their reslqnaton as Statutory , Auditors of the Company vide their letter dated August 11, 2021 due to reasons as stated in their communication.

The copy of the said resignation letter and Annexure-A as per SEBI Circular No. CIRlCFD/CMD1/114/2019 dated October, 18, 2019 received form M/s. Deloitte Haskins & Sells is enclosed herewith and marked as Annexure I.

The members of the Audit Committee while considering the said business noted that Statutory Auditors have not raised any concern or issue WJ.t. their resignation except for commercial reasons.

The Board of Directors at its meeting held today i.e., August 11, 2021 has also noted that there is no other reascn other than commercial one as mentioned in the resignation letter dated August 11, 2021 received from M/s. Deloitte Haskins & Sells.

The Audit Committee and Board at their respective meetings placed on record their appreciation relating to the valuable services rendered and contributions made by M/s. Deloitte Haskins & Sells during their long association with the Company. ~~

KHADIM INDIA LlMITED5 ;;;

REGD. OFFICE: 'KANKARIA ESTATE', 5TH FLOOR, 6, LITTLE RUSSELL STREET ~..fi ".( KOLKATA-700 071, INDIA, Tel No. + 91-33-4009 0501, Fax No. + 91-33-40090500 OLKf>-'}t.: E-mail: [email protected] ; Website : www.khadims.com CIN : L19129WB1981 PLC034337

KKHADIM

Further, the Board at its meeting held today i.e., August 11, 2021, upon due recommendation of the Audit Committee and subject to approval of the members, has also approved the appointment of M/s. Ray & Ray, Chartered Accountants (Firm Registration No.: 301072E) as the Statutory Auditors of the Company for the periods as specified below:

i. From August, 12, 2021 till the conclusion of the ensuing 40th Annual General Meeting to fill the casual vacancy caused by the resignation of M/s. DeloiUe Haskins & Sells as the Statutory Auditors of the Company.
ii. From the conclusion of 40th Annual General Meeting till the conclusion of 45th Annual General Meeting-i.e., for a consecutive period of 5 (Five) years.

The appointment of M/s. Ray & Ray as the Statutory Auditors of the Company for the aforesaid periods is pursuant to applicable provisions of the Companies Act 2013 read with applicable rules and the Listing Regulations.

The details with respect to resignation of M/s. DeloiUe Haskins & Sells **(Annexure 11)**and appointment of M/s. Ray & Ray (Annexure Ill) as required under Regulation 30 read with read with sub-para 7 of Para A in Part A of Schedule III of the Listing Regulations and SEBI Circular CIRlCFD/CMD/4/2015 dated September 09,2015 are enclosed herewith.

Kindly take the same on record.

Thanking you,

Yours truly,

For Khaaim India Limited

-t-e -4 -~ ~

Abhijit Dan Company Secretary & Head- Legal Membership No.: A21358

KHADIM INDIA LIMITED

REGD. OFFICE: 'KANKARIA ESTATE', 5TH FLOOR, 6. LITTLE RUSSELL STREET KOLKATA-700 071, INDIA, Tel No. + 91-33-4009 0501. Fax No. + 91-33-4009 0500 E-mail: [email protected] ; Website : www.khadims.com CIN: L19129WB1981PLC034337

Deloitte Haskins Br Sells ,.

Chartered Accountants 13th & 14th Floor Building-Omega Bengal Intelligent Park Block-EP & GP, Sector-V Salt Lake Electronics Complex Kolkata-700 091 West Bengal, India

Tel: +91 33661211000 Fax: +91 3366121 1001

11 August 2021

The Board of Directors Khadim India Limited (the 'Company') Kankaria Estate, 5 th Floor 6, Little Russel Street Kolkata- 700071

Kind Attention: Mr. Siddhartha Roy Burman, Chairman and Managing Director

Sub.: Resignation as statutory auditors of Khadim India Limited ("the Company") for the year ending 31 March 2022

Dear Sir,

We refer to our various discussions and your letter dated 21 July 2021, wherein we were informed that as a part of continuous cost optimization measures, the Company had requested us to reduce the fees payable for statutory audit for the financial year 2021- 22 to the extent of at least 50% of our previous year's fees.

We further, refer to our letter dated 5 August 2021, wherein we stated that the fees proposed by the Company will not be commensurate to the efforts that we would be incurring to conduct an audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Accordingly, we communicated to you our intent to resign as the statutory auditors of the Company on completion of Limited review for the quarter ended 30 June 2021 and we do not offer ourselves as auditors of the Company from the quarter ending September 30, 2021 and from the year ending March 31, 2022.

We confirm our resignation as statutory auditors of the Company which shall be effective from the date of this letter.

We thank the Management and other staff members of the Company for the cooperation extended to us during our tenure as statutory auditors of your Company.

Thanking you,

Yours faithfully,

For Deloitte Haskins & Sells Cl'fartered Accountants (Firm Regn. No. 302009E)

Ketan Vora Partner

Deloitte Haskins &. Sells

Chartered Accountants 13th & 14th Floor Building-Omega Bengal Intelligent Park Block-EP & GP, Sector-V Salt Lake Electronics Complex Kolkata-700 091 West Bengal, India

Tel: +91 336 61211000 Fax: +91 336 61211001

Annexure A pursuant to SEBI Circular Number CIRlCFD/CMDlI114/2019 dated October 18, 2019

1.	Name of the listed entity Imaterial 6u8sidial)':	KhadimIndiaLimited(the
		'Company')
2,	Details of the statutory auditor:
	a. Name:	M/s. Deloitte Haskins &Sells
	b. Address:	13th and14th Floor, Building- Omega
		Bengal Intelligent Park,
Block - EP & GP
		Sector V, Salt Lake City
		Kolkata- 7000091
	c. Phone number:	+91- 336 6121 1000
	d. Email:	kvora~deloitte.com
3.	with the listed entity IDetails of association
	a. Dateon whichthestatutoryauditorwas	th September,62018
	Ire-appointed:
	b. Dateon whichthe termof thestatutory	42ndConclusionof the Company's
	auditor was scheduled to expire:	AGM to be held in the year 2023
	the latest audit report Ic. Prior to resignation,	Limited Review Report for the quarter
	limitedreviewreportsubmittedbythe	ended June 30, 2021 dated August11,
	auditor and date of its submission:	2021
4.	Detailed reasons for resignation:	The Managementof the Companyas
		a part of continuouscost optimisation
		measurehadproposedreductionin
		our auditfeesfor thefinancialyear
		2021-22.We believe that the revised
		feesproposedbytheManagement
		willnotbecommensuratetothe
		efforts that we wouldbe incurringto
		conductan auditin accordancewith
		the Standardson Auditingissuedby
		the Institute of CharteredAccountants
		of India.
5.	In case of any concerns,efforts made by the	Not applicable
	auditorpriortoresignation(including
	Iapproachingthe Audit CommitteeBoard of
	Directorsalongwith_" thedateof
	communicationmade to the Audit Committee
	IBoard of Directors):
6.	In case the informationrequested by the auditor was not provided, then followingshall

Deloitte Haskins Br Sells

	be disclosed:
	a. Whethertheinabilityto obtainsufficient
	appropriateauditevidencewasdue toa	Not applicable
	management-imposedlimitationor
	circumstancesbeyondthecontrolof the
	management.
	b. Whetherthelackofinformationwould
	havesignificantimpactonthefinancial
	statements / results.
	c. Whethertheauditorhasperformed
	alternativeprocedurestoobtain
	appropriateevidencefor thepurposesof
	audit / limitedreview as laid down in SA
	705 (Revised)
	d. Whetherthelackofinformationwas
	reportedprevalentIntheprevious
	financialstatements/ results.If yes,on
	whatbasisthepreviousaudit/limited
	review reports were issued.
7.	Any other facts relevant to the resignation:	None

Declaration

1. We hereby confirm that the information given in this letter and its attachments is correct and complete.
1. We hereby confirm that there is no other material reason other than those provided above for resignation of my firm.

For DELOITTE HASKINS & SELLS Chartered Accountants (Firm Registration No. 302009E)

Ketan Vora Partner (Membership No. 100459)

Date: August 11, 2021 Place: Mumbai

Annexure 11

Resignation of Statutory Auditors

SI. No.	Disclosure Requirement	Details
1.	Name of the Auditor	DeloitteHaskins&Sells,CharteredM/s.Accountants(Firm RegistrationNo. 302009E)
2.	Reason for change	Resignationdue to commercialreasons.
3.	Date of resignation	August11, 2021
4.	Brief profile	Not Applicable
5.	betweenDisclosureofrelationshipsdirectors (in case of appointment of adirector).	Not Applicable

KHADIM INDIA LIMITED

REGD. OFFICE: 'KANKARIA ESTATE', 5TH FLOOR, 6, LITTLE RUSSELL STREET KOLKATA-700 071, INDIA, Tel No. + 91-33-4009 0501, Fax No. + 91-33-4009 0500 E-mail: [email protected] ; Website: www.khadims.com CIN: L19129WB1981PLC034337

Appointment of Statutory Auditors

SI.	Disclosure	Details
No.1.	RequirementName of the Auditor	M/s. Ray & Ray, Chartered Accountants (Firm Registration No.: 301072E)
2.	Reason for change	Appointmentas the Statutory Auditors of the Company to fill the casualvacancy.
3.	TermDateandofAppointment	Appointmentas the Statutory Auditors of the Company for the periods asspecified below:
		LFrom August,12, 2021 till the conclusion of the ensuing 40th AnnualGeneral Meeting to fill the casual vacancy caused by the resignation ofM/s. Deloitte Haskins & Sells as the Statutory Auditors of the Company.
		ii.Frorn the conclusion of 40th Annual General Meeting till the conclusion of45th Annual General Meeting Le., for a consecutive period of 5 (Five) years.
4.	Brief profile	M/s. Ray & Ray, Chartered Accountants, (Firm's Registration No.301072E) isone of the leading CA firms in India with its head office in Kolkata.M/s. Ray & Ray branch offices are located in major metro cities in Indiaincluding New Delhi, Mumbai, Bengaluru, Chennai and Hyderabad and havededicated team of professionals capable of offering services including audit,tax and advisory services across a range of verticals at any location withinIndia or abroad.,M/s. Ray & Ray, over the last nine decades, since its inception in 1922, has
		grown into an institution that embodies the highest standards of professionalintegrity, values and expertise.M/s. Ray & Ray has provided services to large number of industries indifferent sectors and has gained in-depfh knowledge in their functioning and
		acquired the domain experience.
5.	Disclosureofrelationshipsbetween directors (incase of appointmentof a director).	Not Applicable.J.

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Khadim India Limited Audit Report / Information 2022

62359_rns_2021-08-11_37d579f2-0f33-4d00-a24d-c13ec02da09e.pdf