The Board of Directors in its meeting held today i.e. November 11, 2025 has approved the appointment of M/s. Sarang Shivajirao Chavan and Associates as Statutory Auditor of the Company
Awaiting price reaction for this filing.
The board of Pressure Sensitive Systems (India) Limited, at its meeting on November 11, 2025, approved the appointment of M/s. Sarang Shivajirao Chavan and Associates (Chartered Accountants, FRN: 159649W) as the new Statutory Auditor of the company. The appointment was made on the recommendation and approval of the audit committee. The new auditor will hold office until the conclusion of the ensuing general meeting, meaning this is likely an interim or fill-in appointment rather than a full-term one. The firm is based in Ahmedabad and offers audit, tax, GST, and advisory services. The board meeting lasted only 30 minutes (3:00 PM to 3:30 PM), suggesting this was the primary item of business.
This is a routine compliance-related appointment and is unlikely to have a material impact on the stock price. Shareholders may, however, want to note that the auditor is appointed only till the next general meeting and may want to watch for who gets appointed on a longer-term basis thereafter.