Premier Polyfilm Limited has informed the Exchange regarding Change in Auditors of the company.
PREMIERPOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Premier Polyfilm Limited's existing statutory auditor, M/s M A R S & Associates, has ceased to exist as a separate legal entity following its merger into M/s A D V AND CO LLP, effective February 11, 2026, as approved by the ICAI. The Board, at its meeting on March 16, 2026, took note of this cessation and approved the appointment of A D V AND CO LLP as the new statutory auditor for FY 2025-2026, subject to shareholder approval via postal ballot. The company has explicitly stated the change is solely due to the firm merger and is not on account of any dispute, disagreement, dissatisfaction with management, pending fees, or issues with the financial statements. A postal ballot has been initiated, with the cut-off date set as March 27, 2026, and the e-voting window running from April 1 to April 30, 2026.
This is a routine administrative change triggered by an accounting firm merger, not a governance concern. No material impact is expected on the stock price or shareholders, as the successor firm inherits all obligations of the previous auditor and has already been serving the company effectively.