RESIGNATION OF STATUTORY AUDITORS OF THE COMPANY

Pet Plastics Ltd has informed the stock exchange about the resignation of its statutory auditors. The auditors stepped down from their role before the completion of their term, which means the company will need to appoint new auditors in due course. No reasons for the resignation have been disclosed in the headline itself. This is a governance-related event that shareholders should monitor, as an abrupt change in auditors can sometimes raise concerns about accounting practices or internal controls. Investors may want to check for further details in the full filing.