Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting regarding change in statutory auditors
Auditor Resignation:
- M/s JPMD & Associates, Chartered Accountants (FRN: 133085W) resigned as Statutory Auditor of the Company
- Effective date of cessation: 09th October 2026
- Reason for resignation: Pre-occupancy of work (as stated in their resignation letter dated 09th October 2026)
- The resignation was noted by the Board of Directors
New Auditor Appointment:
- M/s Nahar V and Company, Chartered Accountants (FRN: 010443C) appointed as new Statutory Auditors
- Appointment effective from 09th October 2026
- Term: To fill casual vacancy until conclusion of upcoming Annual General Meeting in 2026
- Appointment subject to approval of shareholders
- Based on recommendation of the Audit Committee
- Appointment made pursuant to applicable provisions of Companies Act 2013 and SEBI Listing Regulations, 2015
New Auditor Qualifications:
- Nahar V and Company confirmed eligibility for appointment as auditor
- Firm stated they are not disqualified under Companies Act, Chartered Accountants Act, 1949 or related rules/regulations
- Firm confirmed no orders or proceedings against the firm or any partners regarding professional conduct before ICAI or any competent authority or court
- Firm has extensive experience in statutory audits, internal audits, tax audits, financial reporting, corporate advisory, and compliance services across various industries
Filing Compliance:
- Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024