The Appointment of Statutory Auditor is enclosed.
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Ahasolar Technologies has appointed M/s. Ambalal Patel & Co LLP, Chartered Accountants, as its new Statutory Auditor with effect from 27th May 2025. This appointment fills the casual vacancy created by the resignation of the previous auditor, M/s. K. C. Parikh & Associates. The Board has also proposed appointing the new firm for a full 5-year term, which needs shareholder approval at the upcoming Annual General Meeting. The new auditor firm has over 30 years of experience in statutory audit, stock audit, tax audit, GST, and related financial services.
Routine administrative change with no direct impact on shareholders. The mid-term switch in auditors is worth noting but is common and requires shareholder ratification, providing shareholders a chance to review the change at the AGM.