RRP Semiconductor Limited has filed a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimating the resignation of its statutory auditor.
Key Details of Resignation
- Resignation Date: Effective 26th June, 2026
- Auditor Firm: PAMS & Associates, Chartered Accountants
- Firm Registration Number: 316079E
- Reason for Resignation: Geographical constraints between the auditor's Bhubaneswar office and the company's Mumbai operations, making it impractical to efficiently conduct audit procedures
- Appointment History: The auditor was appointed on 28th August 2024, with term scheduled to expire at the conclusion of the 45th Annual General Meeting
- Latest Audit Report: Submitted for the year ended 31st March 2026 on 29th May 2026
Auditor's Additional Information
- Auditor Address: Plot No-459, 2nd Floor, Sabarsahi, Near New AG Colony, Nayapalli, Bhubaneswar - 751012
- Contact: Telephone: 0674-2543528, Mobile: +91-9437076636, Email: itpams@gmail.com
- Mumbai Branch: The auditor previously operated through a Mumbai branch that closed in 2024, after which they serviced the audit through periodic visits and remote coordination
- No Unresolved Issues: The auditor confirmed there are no other material reasons for resignation and no unresolved issues or qualifications requiring attention of members or creditors
- Form ADT-3: The auditor will file Form ADT-3 with the Registrar of Companies within prescribed time
Company's Next Steps
The Audit Committee and Board of Directors will:
- Take note of the resignation in their upcoming meetings
- Take necessary steps to fill the casual vacancy caused by the resignation
- Appoint a new statutory auditor
Financial Impact
No financial impact quantified in the disclosure. The resignation is administrative due to geographical constraints rather than financial or operational concerns.