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

Procal Electronics India Limited clarified a delay in reporting its Statutory Auditor's resignation. The company attributed this to being under suspension and incurring prolonged losses, leading to financial constraints and a lack of dedicated internal compliance resources. This resulted in an inadvertent administrative lapse. Procal emphasized the delay was unintentional and the disclosure was made immediately once the lapse was noticed. The company is now taking steps to strengthen its internal compliance mechanisms.