Tilaknagar Industries Ltd — Audit Report / Information 2019

Sep 12, 2019

ONLll\'1': FILll\'G

Ref: TI/BSE/COMP/ 19-20/43

To, The Munager (Listing) BS!•: Limited P . .J. Towers, Dalal Street, Mumbai 400 00 I Ph: 022 ?.272 I 233i34 Fax: 022 2272 3719

Sub: Resignation of M/s. M. M. Parikh & Co., Chartere d Accountants and Appointment

Septembe r 12 , 2019

of M/s Harshil Shah & Company, Chartered Accountants a s S tatutory Auditors of the Company Ref: Scrip Code - 507205

Dear Sir/:vladam,

111 continunt1on of our letter bearing reference no. Tl/llSl•,/CO:vJP/ !CJ '..W/:32 datcc.i August 09, 2019, we wish tc inform you thut M/s. M. M. l'arikh & Co., Chartered Accountants (Firm J<egistrution l'io J07557W), who were appoin ted as the S tatutory Auditors of the Cornpuny for a period of five ycurs frorri the conclusion of the 82nd /\GM till the conclusion of the 87•h /\GM of the Company, have resigned from the position of the Statutory Auditors of the Company from t he conclusion of the 84•h /\GM of the Compuny held on September 11, 2019 due lo ongoing health issues of Mr. Kishor M. Parikh, partner or the firn1 on aC'count of his age resulting in a casual vacancy in terms of Section 139(8) of the Comparncs /\ct, ).()jJ

We also wish to inform you that in accordance with the provis10ns of Section 139 read with the Companies (Audit and Auditors) l<ulcs, 2014 and to fill the abovementioned casual vacancy, M/s. llarshil Shah & Company, Chartered Accountants (ICJ\I Firm l<egistration No. 14 I l 79W) have been appointed as Statutory Auditors of the Company at the 84th AGM held on September 11, 2019 from the conclusion of the 84•h /\GM until the conclu sion of the 89th /\G M of the Company.

'M/s. I lnrshil Shah & Company, Chartered Accountants is a well reputed Chartered Accountants firm established in ).() J 5 by Mr. l larshil Shah, who 1s a Fellow C'hurtered Accountant s<'rv1ng companies across various Sl'ctors such as banking and finance, steel, rctrni. !llfrnstruC'\urc. powC'r, 111for111at1on technology media and entertainment, FMCG and jewellery sect.or. The firm 1s having experience of dealing in Direct Tax, Indirect Tax, Statutory i\udit, Internal Aud it, i\ssessrncnts Appeals etc

Kindly acknowledge the receipt and take the same on your record.

Thanking you,

Yours faithfullv,

Corp. Office: Industrial Assurance Building, 3rd Floor, Churchgate, Mumbai, Maharashtra · 400 020, India P +91 (22) 2283 1716/1 8 F +91 (22) 2204 6904 E tiliquor@tilind.com

Regd. Office: P.O. Tilaknagar, Tai. Shrirampur, Dist. Ahmednagar, Maharashtra · 413 720, India p +91 (2422} 265 23 I 265 032 F +91 (2422} 265 135 E regoff@tilind.com