Intimation for Appointment of Statutory Auditor of the Company
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Ambitious Plastomac Company Ltd has appointed M/s Fenil P Shah & Associates, Chartered Accountants (FRN: 143571W) as its new Statutory Auditor, effective November 4, 2025. The appointment was approved by the Board on recommendation of the Audit Committee to fill the casual vacancy caused by the resignation of the previous auditor, M/s Pankaj K Shah Associates (FRN: 107352W), who stepped down on September 1, 2025. The new auditor will serve until the conclusion of the next Annual General Meeting, subject to shareholder approval within three months. The new auditor, Fenil Shah, is described as a Chartered Accountant and Cost & Management Accountant based in Ahmedabad with experience across manufacturing, healthcare, banking, and financial services sectors.
For shareholders, this is a routine governance update — the previous auditor resigned mid-term and a replacement has been brought in promptly, so there should be no disruption to audit timelines. The mid-term auditor change is worth noting as it could sometimes raise governance questions, but the company appears to have handled it smoothly by appointing a new firm quickly.