Netlink Solutions (India) Ltd. — Board/Management Information 2022

Sep 29, 2022

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September 29, 2022

To,

BSE Limited 25th Floor, P.J. Towers, Dalal Street, Fort Mumbai– 400 001

Sub.: Appointment of M/s. Ladha Singhal & Associates, Chartered Accountants, as Statutory Auditor of the Company

Ref.: Scrip Code: 509040

Dear Sir,

We had vide our letter dated August 22, 2022 and August 26, 2022 informed that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Audit Committee and, the Board of Directors at their respective meetings held on Monday, August 22, 2022 had recommended the appointment of M/s. Ladha Singhal & Associates, Chartered Accountants, for consideration of the Shareholders at the ensuing Annual General Meeting (“AGM”) .

We wish to inform you that at the 37[th] AGM of the Company held today i.e Thursday, September 29, 2022, the Shareholders have approved the appointment of M/s. Ladha Singhal & Associates, Chartered Accountants (ICAI Firm Registration Number 120241W) as the Statutory Auditors of the Company, in place of the retiring auditors M/s. Jhawar Mantri and Associates, Chartered Accountants (ICAI Firm Registration Number 113221W)), to hold office for a term of 5 (five) consecutive years from the conclusion of the 37[th] Annual General Meeting of the Company till the conclusion of the 42[nd] Annual General Meeting of the Company to be held in the year 2027.

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/ 2015 dated September 9, 2015 are given in "Annexure A" to this letter regarding appointment of Statutory Auditors.

Kindly note the same on your records and acknowledgement the receipt.

Thanking you,

Yours truly, For Netlink Solutions (India) Limited

MINESHVASANTLAL MODI Digitally signed by MINESH VASANTLALMODIDN: cn=MINESH VASANTLAL MODI,c=IN, l=MUMBAI, st=MAHARASHTRA,o=Personal, email=MINESH1.MODI@GMAIL.COM,serialNumber=59c849b5fc318e4f6ad646054a609e3891538ced7465231907b0763786761c91Date: 2022.09.29 18:35:39 +05'30'

Rupa Modi Executive Director& CFO DIN: 00378383

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Annexure A

Disclosure under Sub Para A of Part A of Schedule III pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 r/w. Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015:

In case of Change in directors, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary etc.), Auditor and Compliance Officer:

(A) Proposed Auditor:

SR. No	Details of Events that need to be provided	Information of such event(s)
a)	Reason for change viz. appointment, resignation, removal, death or otherwise;	Existing auditor retired at the 37thAnnual General Meeting after completing their term of appointment of 5 years. Therefore, the Board of Directors, on the recommendation of the Audit Committee, considered, approved and recommended the appointment of M/s. Ladha Singhal & Associates, Chartered Accountants (ICAI Firm Registration Number 120241W) as the Statutory Auditors of the Company, in place of the retiring auditors M/s. Jhawar Mantri and Associates, Chartered Accountants (ICAI Firm Registration Number 113221W), to hold office for a term of 5 (five) consecutive years from the conclusion of the 37th Annual General Meeting of the Company till the conclusion of the 42ndAnnual General Meeting of the Company to be held in the year 2027. The Members approved the appointment of M/s. Ladha Singhal & Associates, Chartered Accountants (ICAI Firm Registration Number 120241W) as the Statutory Auditors of the Company
b)	Date of appointment/cessation (as applicable) & term of appointment;	To be appointed w.e.f. the conclusion of the 37thAGM held on Thursday, September 29, 2022 till the conclusion of the 22ndAnnual General Meeting of the Company to be held in the year 2027.
c)	Brief profile (in case of appointment);	Firm has a rich experience of 22 years.The Firm was promoted with the major object of providing Auditing,

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Taxation and Company Law Matters Services. The aim is to always deliver more value for the clients and are committed to giving services on various issues and equipping them with the related necessary knowledge. The firm has built up considerable expertise in this service oriented industry.

(B) Retiring Auditor:

SR. No	Details of Events that need to be provided	Information of such event(s)
a)	Reason for change viz. appointment, resignation, removal, death or otherwise;	The existing auditor M/s. Jhawar Mantri and Associates, Chartered Accountants retired at the 37thAnnual General Meeting after completing their term of appointment of 5 years. They had indicated that they do not wish to seek re- appointment for the second term.
b)	Date of appointment/cessation (as applicable) & term of appointment;	W.e.f. the conclusion of the 37thAGM held on Thursday, September 29, 2022.

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