Panther Industrial appoints R P M G and Associates as statutory auditor

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Panther Industrial Products appoints M/s R P M G and Associates as statutory auditors
  • The firm fills a casual vacancy with a five-year term starting after AGM approval
  • Shareholder approval is required at the General Meeting on September 30, 2026
  • No relationships exist between the auditors and company directors
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Panther Industrial Products board approved the appointment of M/s R P M G and Associates as statutory auditors to fill a casual vacancy. The decision was taken during a meeting held on September 4, 2026.

The firm will serve for a term of five consecutive years, starting from the conclusion of the ensuing General Meeting until the conclusion of the 43rd Annual General Meeting. This appointment is subject to the approval of members at the upcoming General Meeting scheduled for September 30, 2026.

Auditor Profile

M/s R P M G and Associates (FRN: 015428C) was constituted as a partnership firm in 2010. The firm’s head office is located in New Delhi. It comprises professionals with expertise in audit, accounting, taxation, and financial advisory services.

The firm has experience in statutory, concurrent, internal, stock, revenue, and special audits. It also conducts currency chest verifications, particularly for nationalised, private, and cooperative banks.

Regulatory Disclosures

The appointment details were disclosed under Regulation 30 of SEBI (LODR) Regulation, 2015. The company stated there are no relationships between the appointed auditors and the directors of the company.

Particulars Details
Firm Name M/s R P M G and Associates
FRN 015428C
Reason for Change Appointment to fill casual vacancy
Term Five consecutive years
Shareholder Approval Date September 30, 2026

The Board recommended the appointment subject to terms and conditions approved by the members.

Historical Stock Returns for Panther Industrial Products

1 Day5 Days1 Month6 Months1 Year5 Years
+4.56%+14.81%0.0%+158.90%+89.31%0.0%

What specific factors or discrepancies led to the casual vacancy in Panther Industrial Products' statutory auditor position prior to this appointment?

How might the transition to M/s R P M G and Associates impact the timeline or rigor of the company's upcoming financial audits and regulatory filings?

Are there any potential conflicts of interest given M/s R P M G and Associates' extensive work with nationalized and private banks, considering Panther Industrial's supply chain dependencies?

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Panther Industrial Products to appoint statutory auditors at Sep 4 board meeting

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Board meeting scheduled for September 4, 2026, to address auditor appointment
  • M/s R P M G and Associates proposed as statutory auditors for five-year term
  • Appointment seeks to fill casual vacancy in statutory audit role
  • Disclosure made under SEBI LODR Regulation 29 compliance
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Panther Industrial Products has scheduled a board meeting for September 4, 2026, to consider the appointment of new statutory auditors. The company aims to fill a casual vacancy in its audit function.

The Board of Directors will convene at 4:00 pm at Radha Bhavan in Mumbai. The primary agenda item is to recommend the appointment of M/s R P M G and Associates, Chartered Accountants (FRN: 015428C), as Statutory Auditors. The board intends to appoint the firm for a term of five years.

This disclosure complies with Listing Regulation 29 of the SEBI (LODR) Regulations, 2015. Kaushik C. Shah, Managing Director, signed the intimation dated August 26, 2026.

Historical Stock Returns for Panther Industrial Products

1 Day5 Days1 Month6 Months1 Year5 Years
+4.56%+14.81%0.0%+158.90%+89.31%0.0%

What factors led to the casual vacancy in Panther Industrial Products' statutory auditor position?

How might the appointment of M/s R P M G and Associates impact the company's financial reporting standards or audit fees over the next five years?

Are there any pending regulatory observations or compliance issues that necessitated this change in auditors before the previous term's natural conclusion?

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1 Year Returns:+89.31%