May 05, 2025
To,
BGR ENERGY SYSTEMS LIMITED
443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24301000, 24374000, FAX: 91 44 24360576
E-mail: compliance@bgrenergy.com Web site: https://www.bgrcorp.com
National Stock Exchange of India Limited BSE LimitedListing Department Department of Corporate services Exchange Plaza, Bandra Kurla Complex, PJ Towers, Dalal Street,
Bandra (E), Mumbai - 400 051 Fort, Mumbai - 400 001
NSE Symbol: BGRENERGY BSE Scrip: 532930Respected Sir/Madam,
Subject: Disclosure under regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations").In continuation of our earlier intimation dated March 19, 2024, regarding the initiation of a Forensic Audit of the accounts of the Company by State Bank of India ("the Bank"), we wish to inform you that the Company has today, i.e., May 5, 2025, received a letter from the Bank intimating the closure of the Forensic Audit.
As per the said letter, the Forensic Auditor has not found any instance of fraud by the Company as per the guidelines prescribed by the Reserve Bank of India for declaration of fraud. Further, the State Bank of India has declared the account of the Company as "No Fraud" based on the findings of the Forensic Audit.
A copy of the letter received from State Bank of India is attached. This is for your information and records.
Thanking you, Yours truly,
For BGR ENERGY SYSTEMS LIMITEDSUNDAR SRINIVAS AN
S. SundarDigitally signed by SUNDAR SRINIVASAN Date: 2025.05.05
15:34:43 +05'30'
Company Secretary & Compliance Officer REGISTERED OFFICE: A-5 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, SULURPET TALUK, NELLORE DISTRICT, ANDHRA PRADESH 524401 INDIA. TEL: 91 44 27948249, 27948549 Corporate Identity Number: L40106AP1985PLC005318STATE BANK OF INDIA
The Managing Director,
Mls. BGR Energy Systems Limited, 443, Anna Salai,
Teynampet, Chennai - 600001
SBI/SAMB/CHE/25-26/42
Dear Sir,
05.05.2025
Mls BGR Energv Systems Limited - Forensic Audit Intimation of Closure
With reference to the captioned subject, the consortium lenders decided to conduct Forensic audit for your company with the scope period from 01.04.2018 to 31.01.2024.
02. The Forensic audit report was discussed in the JLMs dated 27.08.2024 & 18.09.2024 by the consortium lenders. The Forensic Auditors did not find any instances of Fraud by the company as per the RBI Guidelines for declaration of Fraud
03. Accordingly, the competent authority at SBI has declared the account as 'Not Fraud' based on the findings of the Forensic Audit.
This is for your kind information.
For State Bank of India
Assistant Oeneral Manager & CLO-
044-2888 1007
@ bank.sbi
EZ sbi.04105@sbi.co.in 32a IL 8+/• 32, WfA ›
sfpiâq,|i, a/r‹âT‹0›of - 6o0 0o8 , - 600 008
Stressed Assets Management Branch "Red Cross Building"
32, Red Cross Road, Egmore, Chennai - 600 008.