Padam Cotton Yarns Ltd — Updates, 03-06-2025: Company Update

Padam Cotton Yarns Limited has announced a board meeting to discuss the financial results for the quarter and half-year. Viney Goel & Associates, the statutory auditor appointed in July 2024 and scheduled to serve until March 2029, has resigned effective April 30, 2025, citing pre-occupation with other assignments. The auditor confirmed no disagreements or issues with management and no impact on prior financial statements. This change may lead the company to appoint a new auditor soon, impacting the audit process and financial reporting timeline for shareholders to watch.