Announced Sat, 27 Sept · 19:36 IST

M/S MSSV&Co. Chartered Accountants AS Statutory Auditors of the Company for the term of 5 years .

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AI summary

Storage Technologies and Automation Ltd has appointed M/s. MSSV & Co, Chartered Accountants (FRN: 001987S) as its new Statutory Auditors. The appointment was approved by shareholders at the 15th Annual General Meeting held on 27th September 2025, on the recommendation of the Audit Committee. MSSV & Co replaces the retiring auditors M/s. CGSS & Associates LLP, whose term expired at the conclusion of this AGM. The new auditors will serve for a period of 5 consecutive years, until the conclusion of the 20th AGM. MSSV & Co is an established Indian partnership firm registered with ICAI since 1981, offering audit, assurance, tax, and consulting services.

Likely market impact

This is a routine, regulatory-required rotation of statutory auditors and is not expected to materially impact shareholders or the stock. It reflects standard corporate governance practice of changing audit firms after the completion of an auditor's term.