Announced Wed, 19 Aug · 15:05 IST

Statutory Auditor Shweta Jain & Co LLP resigns from Pulsar International

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+14.3%1-day move
₹0.42
prior close
₹0.46
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+14.3+9.5
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AI summary

Shweta Jain & Co LLP resigned as Statutory Auditor of Pulsar International Ltd effective 17 August 2026. The firm was appointed on 19 December 2025 to fill a casual vacancy, with term scheduled to expire at the 2026 AGM. The auditor cited shortage of professional staff and difficulty obtaining timely information and records from the company. They explicitly stated there is no dispute or disagreement with management. The audit for FY ending 31 March 2026 and limited review for quarter ending 30 June 2026 were already completed before resignation.

Likely market impact

Auditor resigned before the 2026 AGM ended. Company must appoint a new statutory auditor. Investors should watch for disclosure of the new auditor and any governance concerns.