Change in Statutory Auditors – Airo Lam Limited
Outgoing Auditor
Name of the Resigning Firm: M/s Piyush J. Shah & Co, Chartered Accountant (FRN: 121172W), Ahmedabad
Reason for Resignation: Not Specified
Effective Date of Resignation: Not Specified
Date of Resignation Letter: Not Specified
Duration in Role: Not Specified
Board's Acknowledgment / Statement: Not Specified
Replacement Appointed
Name of the New Audit Firm: M/s Ashish Sheth & Associates, Chartered Accountant (FRN: 146184W), Ahmedabad
Firm Registration Number (FRN): 146184W
Term of Appointment and Validity: Appointed to fill casual vacancy until the conclusion of the ensuing Annual General Meeting to be held in the calendar year 2026
Interim Appointment or Subject to Shareholder Approval: Casual vacancy appointment
Qualifications or Professional Standing: Ashish Sheth & Associates is a firm of Chartered Accountants based in Ahmedabad with approximately a decade of experience. The firm provides professional services in Direct Tax, Statutory and Tax Audits, Corporate Advisory Services, Bank Audits, Management Consultancy, Company Law Matters, and Due-Diligence. It is a peer-reviewed firm registered with RBI [Reserve Bank of India] and qualified for registration with C&AG [Comptroller and Auditor General of India], making it eligible to audit Government Entities. The firm is empaneled with various public sector banks and executes assignments for Banks and NBFCs.
Financial Implications
Not Specified
Board / Committee Meeting Details
Date and Name of the Meeting: Board of Directors meeting held on Tuesday, 21st July 2026
Resolutions or Approvals: The Board appointed M/s Ashish Sheth & Associates as statutory auditor to fill the casual vacancy
Annexures / Firm Profiles
Summary of Incoming Audit Firm's Experience: As above
Any Declarations or Eligibility Confirmations: The firm provided a consent letter and certificate of eligibility dated 21st July 2026, confirming they are duly qualified under Section 141 of the Companies Act, 2013 and meet all prescribed conditions
Regulatory Compliance Statement
Disclosure Basis: Regulation 30(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Delay in Disclosure: Not Specified
Other Corporate Information
Not Specified