Prashant India Ltd — Updates, 31-05-2025: Company Update

Prashant India Limited has announced a board meeting that approved the Director’s Report for the fiscal year ended March 31, 2025. The Board proposed the appointment of M/s. Ashish Bhoola & Co. as the new statutory auditor for five years, pending shareholder approval. Mr. Hiren Hasmukh Shah and Mrs. Nishtha Harivanshi Pamnani were appointed as Additional Non-Executive Independent Directors for five-year terms, subject to shareholder approval. Mr. Haribhai Becharbhai Malvia is proposed as a Non-Executive Non-Independent Director from July 1, 2025. Mr. Harsukhbhai Mohanbhai Gondalia resigned as a Non-Executive Non-Independent Director citing personal commitments. The 42nd Annual General Meeting is scheduled via video conference with e-voting arranged accordingly.