Appointment of M/s. Shweta Jain & Co LLP, as a Statutory Auditor of the Company to fill casual vacancy
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Pulsar International Ltd has appointed M/s. Shweta Jain & Co LLP as its new Statutory Auditor with effect from 19th December 2025, filling the casual vacancy left by the resignation of the previous auditor, M/s. J. Singh & Associates. The new auditor is a Mumbai-based Chartered Accountancy firm established in 2006, with branches in Bangalore, Udaipur and Ahmedabad, and was recently converted from a partnership firm to an LLP on 30 July 2025. The appointment was recommended by the Audit Committee and approved at the Board meeting held on the same day. Additionally, the Board has proposed appointing Shweta Jain & Co LLP as Statutory Auditor for a full 5-year term, subject to shareholder approval at the upcoming Annual General Meeting.
A mid-term change of statutory auditor is noteworthy for retail investors, as sudden auditor resignations can sometimes signal underlying governance or financial concerns. Investors should watch the new auditor's future reports for any qualifications or observations, though this appointment will need shareholder ratification at the next AGM.