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

Procal Electronics India Limited has clarified a delay in reporting its Statutory Auditor's resignation. The company stated this delay stemmed from financial constraints, prolonged losses, and the lack of a dedicated compliance function, including a full-time Company Secretary. This led to an inadvertent administrative lapse in submitting the disclosure on time. The company regrets the oversight, assuring no intent to withhold information, and is implementing measures to strengthen its internal compliance and monitoring mechanisms for future adherence.