Announcement under Regulation 30 SEBI (LODR) - Resignation of Internal Auditor
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Swashthik Plascon Ltd has informed the stock exchanges that M/s. V Deepak & Associates, Chartered Accountants, has resigned as the company's Internal Auditor with immediate effect from August 29, 2025. The firm cited 'internal challenges within the firm' as the sole reason for stepping down and stated no other reason. The company has accepted the resignation and attached the resignation letter for records. The Managing Director, Mahendrakumar Gautam, signed the disclosure on behalf of the company.
This is a routine internal auditor change driven by issues within the audit firm itself, not concerns with the company. Shareholders should note that a new internal auditor will need to be appointed in due course, but the resignation alone is unlikely to materially affect the stock price.