Procal Electronics India Ltd — Important, 03-07-2026: Company Update

Procal Electronics India Limited's Statutory Auditor, M/s. PAMS & Associates, has resigned. The auditor cited geographical constraints, explaining their firm is based in Bhubaneswar while the company operates from Mumbai, making it challenging to manage audit requirements for a listed entity after their Mumbai branch closed in 2024. The Board has acknowledged the resignation and is in the process of appointing a new Statutory Auditor. This ensures the company's financial oversight continues smoothly for investors.