Intimation of Resignation of Statutory Auditor pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015 with Annexure -I.
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Pulsar International Ltd has informed the stock exchange that its statutory auditor, M/s. J. Singh & Associates (FRN: 110266W), resigned with effect from December 15, 2025. The resignation was noted by the Board of Directors on December 16, 2025. In their resignation letter, the auditor cited two reasons: the resignation of a key audit partner who oversaw the company's audits, leading to reduced audit leadership capacity, and acute staff shortages that prevented them from meeting the team's required strength. Because of these constraints, the auditor stated they could not complete the audit within the stipulated legal timelines. The auditor explicitly confirmed there are no other material reasons, no concerns with management, and no issues with information access. The company said it will appoint a new statutory auditor in line with the Companies Act, 2013 and SEBI regulations and will inform the exchange in due course.
This is a routine mid-term auditor change driven by resource constraints within the audit firm rather than any governance red flags or disputes with the company. Short-term investors may see a brief period of uncertainty until a replacement auditor is appointed, but no negative signal is implied for shareholders as the auditor raised no concerns about management, financials, or disclosures.