CCME Global has appointed M/s Desai Saksena & Associates, Chartered Accountants, as statutory auditors to fill the casual vacancy caused by the resignation of M/s M. S. Rao & Associates LLP. The appointment, effective July 15, 2026, was approved by the Board based on the recommendation of the Audit Committee. The new auditors will hold office until the conclusion of the ensuing Annual General Meeting (AGM), subject to shareholder approval.

M/s Desai Saksena & Associates, a firm established in 1984 with over 40 years of experience, brings expertise in statutory audits, tax audits, corporate advisory, and internal audits. The firm caters to listed and unlisted corporates across manufacturing, engineering, and automotive components. The appointment is subject to regulatory compliance under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The Board also approved the remuneration for Ms. Poonam Chaturvedi, Managing Director, at INR 80,000 per month effective July 1, 2026, until March 31, 2027. This decision follows the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. The details regarding her appointment, previously communicated on January 19, 2026, remain unchanged.

The trading window for dealing in the company's securities remains closed from July 1, 2026, until 48 hours after the declaration of the unaudited standalone financial results for the quarter ending June 30, 2026. The Board meeting was held on July 15, 2026, commencing at 3:30 PM and concluding at 4:00 PM.

Key Appointment Details

M/s M. N. Rao & Associates LLP resigned as the statutory auditors of CCME Global Limited effective from the close of business hours on June 23, 2026. The resignation follows changes in the company's management and shareholding pattern, along with the company's intention to appoint a new auditor based on strategic requirements. The firm had been appointed for a five-year term commencing from Financial Year 2025-26 through 2029-30 at the Annual General Meeting held on September 30, 2025.

The auditors confirmed there were no disputes or disagreements regarding the company's financial statements, internal controls, or audit methodology. They stated that their audit reports during their tenure contained no qualifications, reservations, or adverse remarks. The firm also confirmed compliance with the ICAI Code of Ethics, Standards of Auditing, and all regulatory requirements mandated by SEBI and NFRA.

Prior to resigning, the auditors issued the audit report for the financial year ended March 31, 2026, on May 29, 2026. The resignation applies from Financial Year 2026-27. The firm has undertaken to cooperate fully with the incoming auditors to ensure a smooth transition of the audit function.

Resignation Details

The following table outlines the key details regarding the resignation:

The company has stated that it will forward the resignation letter and the Board's acceptance to the Registrar of Companies within 30 days. It will also inform the stock exchanges and conduct the process for appointing new auditors in accordance with the Companies (Audit and Auditors) Rules, 2014.