Prostarm Info Systems Limited has informed the Exchange regarding Change in Auditors of the company.
PROSTARM · price
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Prostarm Info Systems has appointed M/s. Sandeep P Parekh & Co, Practicing Company Secretaries, as its new Secretarial Auditor. The appointment was approved by the Board on August 14, 2025 and covers a five-year term from FY 2025-26 to FY 2029-30. The appointment is subject to shareholder approval at the next Annual General Meeting. The firm is a peer-reviewed practice established in 2007, serving major groups like TATA, Shapoorji Pallonji, and Mahindra. Note: Despite the headline mentioning 'Change in Auditors,' this filing pertains to the appointment of a Secretarial Auditor (a compliance role), not the statutory/financial auditor.
This is a routine compliance-related appointment with no material impact on the company's financials or operations. Shareholders will get to vote on this at the upcoming AGM, but the stock price is unlikely to be affected.