Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that on the recommendation of the Audit Committee, the Board ....
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P. B. Films Ltd has informed the stock exchange that its previous Statutory Auditor, Mr. Sunil Beriwal (proprietor of Beriwal and Associates, FRN: 327762E), has resigned effective 26th July 2025. To fill the resulting casual vacancy, the Board of Directors, on the recommendation of the Audit Committee, appointed M/s M G S A & Company (FRN: 022481C), a Bikaner-based Chartered Accountancy firm, as the new Statutory Auditor. The Board has also proposed appointing M G S A & Company for a first term of 5 consecutive years, which is subject to shareholder approval at the upcoming Annual General Meeting.
An auditor change mid-year can be a routine matter or sometimes a red flag for governance concerns. Retail investors should watch for any unusual financial restatements or further disclosures explaining why the previous auditor stepped down, as the reason for resignation is not detailed in this filing.