Zodiac Ventures Limited — Audit Report / Information 2021

Nov 10, 2021

REF: 1011211/30/ZVL

To, The Corporate Communication Department Bombay Stock Exchange Ltd. Dalal Street, Fort, Mumbai — 400001

Sub: Intimation regarding receipt of resignation from Statutory Auditors of the Company pursuant to Regulation 30(6) read with Schedule II! of the SEBI (LODR) Regulations, 2015

Ref: Scrip Code: 503641

Dear Madam/Sir,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) read with sub-clause (7A) of Clause A in Part A of Schedule III of Listing Regulations, we wish to inform you that M/s Pravin Chandak and Associates, Chartered Accountants, vide their letter dated 10 November 2021 have resigned as Statutory Auditors of the Company effective immediately for the reasons stated in their communication. A copy of the said resignation letter and Annexure—A, as per SEBI Circular No. CIR/CFD/CMD1/114/2019 dated 18" October 2019, received from Auditors, are attached herewith. We further inform you that the appointment of the Statutory Auditors to fill the casual vacancy will be considered at a Board Meetingat a shorter notice to be held on 11" November 2021, with the said potential appointment subject to the approval of the members of the Company. We shall update you in respect of the said appointment accordingly.

Kindly take the same on record.

Thanking you.

Yours sincerely, For Zodiac Ventures Limited

Lafor Cobo

Rustom Deboo Company Secretary and Compliance Officer

Pin dak UX} _ Adbolas

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Chartered Accountants

To The Board of Directors ZODIAC VENTURES LIMITED

SUB: RESIGNATION FROM AUDITOR SHIP SEEN —_— EROM

Dear Sir,

This is to inform you that due to Non-Payment of our fees, we are resigning as a statutory auditor of your company. Accordingly, we are submitting our resignation as Statutory Auditors of the company with letter effect from 10-11-2021.

We therefore, request you to treat this as our resignation from the Statutory Auditors of the Company.

Thanking You

Yours Faithfully, °

For Pravin Chandak & Associ Chartered Accountants

n chandak Partner M.No. 049391 - Place: Mumbai Date: 10-11-2021

403, 4th Floor & 702/703, 7th Floor, New Swapnalok CHS Ltd., Natakwala Lane, Borivali (West), Mumbai - 400 092. Tel : 2801 6119 Email : info@pravinca.com Website : www.pravinca.com

	1
	2	Name of the listed entity/ material subsidiary: Details of the statutory auditor:	Zodiac Ventures Limited
		a Name:	Pravin Chandak & Associates
		b Address:	403, 4th Floor & 702/703, 7th Floor
			New Swapnalok CHS Ltd Natakwala Lane, Borivali (West)
		Phone number:	Mumbai 400 092
		d Email	2801 6119 info@pravinca.com
4	3	Details of association with the listed entity:
		a Date on which the statutory auditor was appointed:	9" Nov 2020
	b	: z Date on which the term of the statutory auditor was scheduled to expire:	As per the Company's AGM held on 29% December 2020 it was scheduled to expire in the Year 2024- 2025
		Prior to resignation, the latest audit report/limited ¢ review report submitted by the auditor and date of its	Audit report for the year ended 31 March 2021 Dated 30Jun 2021
		submission:	LR Report for the Qtr Ended 30 Jun 2021 Dated 13 Aug 2021
		Detailed reasons for resignation: In case of any concerns, efforts made by the auditor	Due to Non Payment of Fees
	5	prior to resignation (including approaching the Audit Committee/Board of Directon along with the date of communication made to the Audit Committee/Board of Directors)	Not applicable
		In case the information requested by the auditor was not provided, then following shall be disclosed:
		a. Whether the inability to obtain sufficient appropriate audit evidence was due to
		a management-imposed limitation or circumstances beyond the control of the
6		management. b. Whether the lack of information would have significant impact on the financial :	i Not applicable
		statements/results. c. Whether the auditor has	pp
		performed alternative procedures to obtain appropriate evidence for the purposes of audit/limited review as laid down in
		SA 705 (Revised) d. Whether the lack of information was prevalent in the previous reported
7		financial statements/results. If yes, on what basis the previous audit/limited review reports were issued Any other facts relevant to the resignation

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

Pravin Chandak & Associates Chartered Accountants Firm's Registration No. : 11662

Partner ie Membership No. 049391