Outcome and Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
Quasar India Ltd's Board of Directors met on 6th February 2026 and recommended the appointment of M/s. Shweta Jain & Co LLP, Chartered Accountants (FRN: 127673W), based in Thane, as the new Statutory Auditor of the company. The appointment is to fill a casual vacancy created by the resignation of the previous auditor, M/s. J Singh & Associates. The new auditor has been recommended for the financial year 2025-26, but the appointment is subject to approval from shareholders at a general meeting to be held within three months. Shweta Jain & Co LLP is a Chartered Accountancy firm established in January 2006, operating as a Limited Liability Partnership.
This is a routine auditor change to ensure continued statutory audit compliance for FY 2025-26. No direct material impact on shareholders or stock price is expected, though the previous auditor's resignation and quick replacement indicates ongoing regulatory housekeeping.