Ardi Investments & Trading Company Ltd

Audit review highlights

• Independent auditor’s review of the quarter ended June 30, 2026 unaudited results was conducted.
• Emphasis of Matter on pending verification of trade receivables, trade payables, and loans/advances.
• Direct confirmations and reconciliation will authenticate these balances with external parties.
• GSTN not available; revenue verification performed by vouching invoices and supporting documents.
• Investments' reliable value and supporting documents were not presented; management representations relied upon.
• No modification to the conclusion; no material misstatement disclosed per the review.
• Board approved the results on July 28, 2026.
• Statutory audit is Limited Review under Regulation 33 of SEBI LODR.
• Auditor firm: SK Bhavsar & Co; Date: 28 July 2026; Place: Ahmedabad.
• There are no reportable segments; non-reportable segments deemed not useful.
• The results have been prepared per Ind AS and Listing Regulations.

Unaudited results and auditor remarks

• Unaudited quarterly results for the quarter ended 30 June 2026 approved with Limited Review Report.
• Emphasis of Matter notes pending verification of trade receivables, payables, and loans/advances.
• GSTN absence during the audit period; revenue verified via alternative procedures.
• Auditor opinion not modified despite Emphasis of Matter.
• Reliance on management representations for investments; no conclusion modification.

Dematerialisation status

• No physical share certificates were received for dematerialisation in the quarter ended 30 June 2026.

Registered office relocation

• Registered office relocated within Ahmedabad to Titanium Heights, Prahlad Nagar; effective 10 July 2026.

Ardi Alliances Limited trading window closed from June 1, 2026 till 48 hours after announcement / declaration of unaudited financial results for the quarter ended June 30, 2026.

Appointment of Executive Director

• Mr. Suraj Thakor appointed Executive Director effective March 24, 2026.
• Term of appointment is five years from March 12, 2026 to March 11, 2031.
• He holds a graduation degree with over three years of business development experience.
• No relationships with other directors; holds no directorships in listed or unlisted entities.
• Not debarred from holding director office by SEBI or other authorities.

Resignation of Executive Director

• Mr. Karan Vidhyutbhai Purani resigned as Executive Director effective March 25, 2026.
• Resignation due to pursuing other professional opportunities.
• He holds directorship in Heirs Tradelink Private Limited.

Resignation of Independent Director

• Ms. Nidhi Kumari Prajapat resigned as Independent Director effective March 25, 2026.
• She confirmed no material reasons for resignation beyond those stated in resignation letter.
• Holds no directorships in listed entities.

Resignation of Executive Director Karan Vidhyutbhai Purani

• Mr. Karan Vidhyutbhai Purani resigned as Executive Director effective March 25, 2026
• Reason for resignation: pursuing other professional opportunities
• No other material reasons for resignation disclosed
• Vacated position: Executive Director
• Also holds directorship at Heirs Tradelink Private Limited

Resignation of Independent Director Nidhi Kumari Prajapat

• Ms. Nidhi Kumari Prajapat resigned as Independent Director effective March 25, 2026
• Confirmed no other material reasons for resignation beyond those stated
• Vacated position: Independent Director
• No other listed directorships disclosed