Intimation Regarding Appointment of Statutory Auditor of the Company at 18th Annual General Meeting Held on 30th September, 2025
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Shelter Pharma Ltd has appointed M/s Alvi & Associates Chartered Accountants (FRN: 161053W) as its new Statutory Auditor at the 18th Annual General Meeting held on September 30, 2025. The new auditor will serve for a five-year term, from the end of the 18th AGM until the conclusion of the 23rd AGM. This appointment comes after the previous auditor, M/s Mendajiwala & Co., Chartered Accountants (FRN: 0135065W), resigned from the role. The disclosure has been made under SEBI Listing Regulations. The announcement was signed by Managing Director Mustaqim Nisar Ahmed Sabugar.
Auditor changes can be a routine governance event, but a mid-term resignation by the previous auditor (Mendajiwala & Co.) may warrant attention from shareholders to check if any reasons or concerns were disclosed. The new auditor has a clean ICAI registration and peer review, suggesting standard compliance continuity.