Piccadily Agro Industries Limited has informed the Exchange regarding Notice of Postal Ballot.
PICCADIL · price
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Piccadily Agro Industries Limited has issued a postal ballot notice seeking shareholder approval to appoint M/s Rattan Kaur & Associates as the new Statutory Auditors. The appointment fills a casual vacancy caused by the resignation of M/s Jain & Associates, who stepped down on 28 April 2026 citing personal reasons and non-renewal of their Peer Review Certificate. The Board of Directors appointed the new firm on the same date, based on the recommendation of the Audit Committee. The appointment is for a short term — until the conclusion of the forthcoming Annual General Meeting. Remote e-voting runs from 9:00 AM on 20 May 2026 to 5:00 PM on 18 June 2026. The company is listed on BSE (code 530305) and NSE (code: PICCADIL).
The resignation of the existing auditor and replacement with a smaller, newer firm (established 2009) is routine but warrants attention. Shareholders should verify the new auditor's independence and peer review status before voting.