The Audit Committee in its meeting held today, i.e. January 20, 2023 noted that statutory auditors have not raised any concern or issue and the said resignation is on account of
dissolution of their firm only and apart from this there are no other reasons for the said resignation.
Further, the board in its meeting held today on the recommendation of Audit Committee has approved the appointment of M/s Darpan & Associates., Chartered Accountants (ICAI Registration No.016156S), as the Statutory Auditors of the Company. M/s Darpan & Associates who shall hold the office till the conclusion of ensuing Annual General Meeting of the Company.