In reference to the captioned subject, we inform you that the Board of Directors of the Company at its meeting held today, August 19, 2025, from 04:00 P.M. to 05:30 P.M. at the Registered ....
Awaiting price reaction for this filing.
Premium Capital Market & Investments Ltd held a board meeting on August 19, 2025. The board noted the completion of tenure of existing statutory auditor M/s. S. N. Gadiya & Co. at the upcoming 33rd AGM and approved the appointment of M/s. SCAN & Co, Chartered Accountants (FRN: 113954W) as the new statutory auditor for a term of five consecutive years, subject to shareholder approval. The board also approved the draft Directors' Report for FY 2024-25 and scheduled the 33rd AGM for September 24, 2025. NSDL was appointed as the e-voting agency and M/s. Alap & Co. LLP as scrutinizer for the AGM.
This is a routine auditor rotation at the end of the existing auditor's term, not a mid-tenure resignation, which is a normal governance requirement under company law. The new auditor, SCAN & Co, is a larger, well-established firm with 70+ years of legacy and presence across 8 cities. No material governance red flags for shareholders.