Pranik Logistics Limited — Others, 19-02-2025: Resignation

Pranik Logistics Limited's Board has approved the appointment of M/s. Rawal & Co. as the Secretarial Auditor for the financial year 2024-25. Additionally, Mr. Ayon Biswas has resigned as Company Secretary and Compliance Officer, effective from the close of business on the same day. This transition highlights strategic governance measures, with RAWAL & Co. bringing six years of secretarial compliance expertise. The appointment of a new auditor could positively influence investor sentiment by enhancing governance practices, while the resignation may raise questions regarding continuity in compliance oversight. Overall, this update presents a neutral impact for shareholders, with a focus on strengthening governance.