Nature of the Event
Pajson Agro India Limited has disclosed the appointment of new statutory auditors to fill a casual vacancy, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Decisions and Dates
The Board of Directors passed a resolution on June 20, 2026, based on the recommendation of the Audit Committee, proposing the appointment of M/s S.S. Kothari Mehta & Co. LLP as Statutory Auditors of the Company. The appointment is subject to approval of shareholders to be obtained at the General Meeting of the company.
Reason for Change
The appointment fills the casual vacancy caused by the resignation of M/s P.K. Maheshwari & Co., Chartered Accountants.
Effective Date and Tenure
The effective date of appointment is June 20, 2026. M/s S.S. Kothari Mehta & Co. LLP shall hold office up to the ensuing Annual General Meeting of the company.
Rationale for Appointment
The Board and Audit Committee considered the Company's long-term growth strategy, proposed expansion plans, enhanced institutional participation, and future capital market objectives. They determined it appropriate to appoint a reputed audit firm with extensive experience in servicing large and listed enterprises to strengthen the Company's governance, compliance and financial reporting framework.
Auditor Profile
M/s S.S. Kothari Mehta & Co. LLP (SSKM) is an established chartered accountancy firm founded in 1971, with a strong presence in audit, taxation, risk advisory and transaction support services. The firm operates primarily from New Delhi with offices in Mumbai, Kolkata and other associate locations across India. SSKM is known for servicing listed companies, multinational corporations, promoter-driven business houses, and large Indian groups across sectors including manufacturing, financial services, IT/ITES and consumer businesses.