Outcome of the Board Meeting - Intimation for Appointment of Statutory Auditor of the Company
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Ambitious Plastomac Company has appointed M/s Fenil P Shah & Associates (FRN: 143571W) as its new Statutory Auditor, effective November 4, 2025. The appointment fills a casual vacancy caused by the resignation of the previous auditor, M/s Pankaj K Shah Associates, 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 is a peer-reviewed Ahmedabad-based firm led by CA Fenil Shah, with experience across manufacturing, healthcare, banking, and financial services sectors.
This is a routine auditor change with no material business impact. The mid-term resignation of the previous auditor may warrant a brief look for any governance concerns, but the prompt replacement and appointment of a credentialed firm should reassure shareholders.