Statutory Auditor R C Chadda and Co LLP resigns effective 11 August 2026
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Pan India Corporation Ltd informed BSE that statutory auditor R C Chadda and Co LLP resigned effective 11 August 2026, citing preoccupied assignments that needed substantial time and resources. The auditor had already completed the FY 2025-26 audit (report dated 25 May 2026) and the Q1 FY27 limited review (24 July 2026) before stepping down. They were originally appointed for a five year term running through the 2029 AGM. The resignation letter noted no concerns about management, no issues with information access, and no other material facts.
Auditor cited workload reasons and flagged no governance concerns. Company must appoint a new auditor soon, which may create short term uncertainty.