Quasar India Ltd — Important, 12-02-2026: Company Update

Quasar India Limited's Board has withdrawn its earlier plan to appoint M/s. Shweta Jain & Co. LLP as Statutory Auditor, citing unforeseen circumstances. Instead, the Board, acting on Audit Committee input, has now proposed M/s. M A A K & Associates as the new Statutory Auditor for the Financial Year 2025-26. This appointment aims to fill a casual vacancy and is subject to shareholder approval. This change is important for the company's financial governance and oversight.