Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you regarding resignation placed by the Statutory Auditors of the ....
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P. B. Films Limited informed the BSE that its Statutory Auditor, Sunil Beriwal (proprietor of Beriwal & Associates, Chartered Accountants), resigned with immediate effect on 26 July 2025. The auditor cited increased workload for listed company audits and his other professional commitments as the reason for stepping down. Importantly, he confirmed there are no other material reasons or concerns, and he had already completed the audit for the financial year ending 31 March 2025, issuing the audit report on 30 May 2025. The auditor was originally appointed for a five-year term running until the 19th AGM in 2027, meaning this is a mid-term exit. The company will need to appoint a new auditor and the outgoing auditor will file Form ADT-3 with the Registrar of Companies.
Shareholders should note that a mid-term statutory auditor change requires the board to appoint a replacement soon to ensure timely auditing. Since the auditor flagged no governance concerns and cited workload reasons, the immediate impact on the stock is likely neutral, but any delay in appointing a new auditor could raise compliance questions.