Announcement under regulation 30 (LODR)- Resignation of statutory auditor
Awaiting price reaction for this filing.
M/s M AAK & Associates (FRN: 135024W) has resigned as the Statutory Auditor of Pressure Sensitive Systems (India) Limited, effective from the end of business hours on October 15, 2025. The auditor cited inability to continue due to existing professional commitments. The Board of Directors has taken note of the resignation and recorded its appreciation for the auditor's guidance during their tenure. The company signed by Managing Director Malabhai Punjabhai Rabari will now need to appoint a new statutory auditor within the timeframe mandated under the Companies Act.
This is a mid-term auditor change, not at the close of an appointment cycle. The cited reason (professional commitments) is non-adversarial, so it does not signal a governance red flag, but shareholders should watch for timely appointment of a successor auditor as required by law.