Parshwanath Corporation Ltd — Updates, 06-06-2025: Company Update

Parshwanath Corporation Limited has announced that its statutory auditor, SGDG & Associates LLP, has resigned citing that the current fee arrangement does not fairly compensate for the time and professional responsibilities involved. The auditors were appointed in September 2023, with their term scheduled to expire after the 42nd AGM for FY 2027-28. They have confirmed no other material reasons for their resignation and have submitted their latest audit report for FY 2024-25. This change may lead to the appointment of a new auditor, impacting ongoing financial audits and disclosures.