Pan India Corporation Limited appointed M/S P R P A & Company LLP as its new statutory auditor to fill a casual vacancy. The board also fixed the date for the company’s 42nd Annual General Meeting.

The appointment was approved during the board meeting held on August 27, 2026. The firm, holding Firm Registration Number N500344, will serve as statutory auditor subject to shareholder approval at the upcoming AGM. This replaces M/s. R C Chaddha & Co., who resigned from the position.

Auditor Appointment Details

The board confirmed that M/S P R P A & Company LLP has no relationship with any director or key managerial personnel of the company. The firm holds Peer Review Certificate No. 022402 and possesses experience in statutory audits, taxation, corporate advisory, and assurance services.

AGM Schedule and Logistics

The 42nd Annual General Meeting is scheduled for September 27, 2026, at 3:30 pm. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means. Shareholders can exercise e-voting from 9:00 am on September 24, 2026, until 5:00 pm on September 26, 2026.

The register of members and share transfer books will remain closed from September 21, 2026, to September 27, 2026, inclusive. Ms. Pritika Nagi, proprietor of M/s. Pritika Nagi & Associates, was appointed as the scrutinizer for e-voting.

Board Approvals

In addition to the auditor appointment and AGM scheduling, the board approved the notice and agenda for the meeting. The directors also approved the draft Director’s Report for FY26 along with its annexure.

Pan India Corporation disclosed on August 11, 2026, that its statutory auditors, R C Chadda & Co LLP, have tendered their resignation. The change in audit leadership is effective immediately, driven by the auditor’s inability to continue due to pre-occupied assignments that demand significant time and resources. This development requires the company to appoint a new statutory auditor to ensure continuity in financial oversight.

The resignation was communicated pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. R C Chadda & Co LLP, which holds Firm Registration No. 003151N, confirmed there are no other material reasons for the resignation beyond capacity constraints. The firm emphasized that it has no concerns with management and has not faced any limitations in obtaining audit evidence.

Before resigning, the auditors fulfilled their regulatory obligations by submitting the Audit Report dated May 25, 2026, for the financial year ended March 31, 2026 (FY26). They also provided the Limited Review Report dated July 24, 2026, for the quarter ended June 30, 2026 (Q1FY27). The firm committed to providing necessary professional clearances to incoming auditors to facilitate a smooth transition.

Auditor Tenure and Background

R C Chadda & Co LLP was initially appointed as statutory auditor at the Annual General Meeting held on September 30, 2019, for a term covering FY2020 through FY2024. Following the conclusion of this term, shareholders re-appointed the firm at the AGM held on September 22, 2024, for a second five-year term spanning FY2025 to FY2029. The resignation occurs early in this second term, with the original tenure scheduled to expire at the conclusion of the AGM for FY2029.

The Board of Directors, led by Managing Director Vijay Pal Shukla, acknowledged the resignation and initiated the process for regulatory filings. The company must now convene a board meeting to appoint a replacement statutory auditor in compliance with the Companies Act, 2013, and SEBI guidelines.