Madhav Copper Limited — Others, 24-07-2025: Resignation

Madhav Copper Ltd (MCL) announced that its statutory auditors, M/s Nirav Patel & Co., have resigned, citing professional preoccupation and internal restructuring. MCL clarified that the resignation was not due to any concerns with the company's management or any material reason, which is important for investor confidence. The Audit Committee and Board will promptly consider appointing new statutory auditors to fill this vacancy. This ensures continuity in financial oversight for the company's stakeholders.