SSI Ltd has informed BSE that the existing Statutory Auditors M/s. CNGSN & Associates,
Chartered Accountants, have expressed their inability to continue as the Auditors of the
Company and requested the Company not to consider their reappointment as Auditors of the
Company at the ensuing Annual General Meeting.

In the mean while, the Company has received a letter from M/s. Price Waterhouse, Chartered Accountants, conveying their willingness to act as the Auditors of the Company if they are considered for the appointment as the Auditors of the Company at the ensuing Annual General Meeting.

Accordingly, the matter is being proposed for Members approval at the ensuing Annual
General Meeting.