Announcement under Regulatiom 30 (LODR) - Appointment of Statutory Auditor due to casual vacancy.
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Quality RO Industries Ltd has appointed M/s Panchal SK & Associates, Chartered Accountants (FRN: 145989W) as its new Statutory Auditor, effective February 4, 2026, for the financial year 2025-26. The appointment fills a casual vacancy created by the resignation of the previous statutory auditor. The new auditor's appointment is subject to shareholder approval at the upcoming general meeting. The board approved the change at a meeting held on February 4, 2026, which ran from 11:30 AM to 12:15 PM. M/s Panchal SK & Associates specializes in auditing, finance, taxation, and regulatory services.
Investors should note the mid-term change in statutory auditors, which may raise minor governance questions. The appointment is only for FY 2025-26 and still needs shareholder ratification, so retail investors should watch for the outcome of the upcoming general meeting.