The Board of Directors of the Company has proposed to appoint M/s. GDK & Associates, Chartered Accountants, as the Statutory Auditors for a period of 5 years i.e. for the year 2025-26 ....
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Raaj Medisafe India Ltd's Board, at its meeting on August 11, 2025, has proposed appointing M/s. GDK & Associates, Chartered Accountants (Indore), as the new Statutory Auditors of the company. The appointment is for a 5-year term, from the conclusion of the upcoming 40th Annual General Meeting (AGM) to the conclusion of the 45th AGM. This change is taking place because the first term of the current auditors, V.K. Ladha & Associates, ends at the 40th AGM. GDK & Associates is a firm with 26 years of auditing experience. The appointment is subject to shareholder approval at the 40th AGM.
This is a routine, end-of-term rotation of statutory auditors and not triggered by any resignation or governance concern. It is unlikely to have any meaningful impact on the stock price, but the long 5-year tenure will bring continuity to the audit process.