Satani Bearings: Auditor PAMS & Associates resigns, Bhatt Shah Mekhia appointed

Satani Bearings announced the resignation of M/s PAMS & Associates as Statutory Auditor effective June 19, 2026. The firm cited geographical constraints, noting its Mumbai branch closed in 2024 and operations are based in Bhubaneswar, making it difficult to manage listed entity audit requirements. PAMS confirmed no other material reasons or unresolved issues. M/s Bhatt Shah Mekhia & Co. (FRN 129797W) has been appointed to fill the casual vacancy until the next AGM. The Audit Committee and Nomination and Remuneration Committee were also reconstituted after Independent Director Ms. Aakansha Vaid resigned.