The Board of Directors of photoquip has appointed M/s. Kamdar Desai & Patel LLP, Chartered Accountants, as the company’s Internal Auditor for the financial year 2026-27. The appointment, effective from April 1, 2026, to March 31, 2027, was approved at a board meeting held on August 4, 2026, following a recommendation from the Audit Committee.

The decision aligns with Section 138 of the Companies Act, 2013, read with Rule 13 of the Companies (Accounts) Rules, 2014. The firm will be responsible for conducting internal audits and assessing internal financial controls for the specified period. There are no disclosed relationships between the appointed firm and the company’s directors.

Appointment Details

Firm Profile

M/s. Kamdar Desai & Patel LLP is a firm of Chartered Accountants with experience in internal audit, statutory audit, taxation, risk management, financial reporting, internal financial controls, and corporate advisory services. The appointment ensures continuity in the company’s compliance and risk management framework for the upcoming fiscal year.

The board meeting commenced at 3:30 P.M. and concluded at 4:00 P.M. at the company’s registered office in Mumbai. The outcome was disclosed pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Photoquip India Ltd has accepted the mutual termination of its internal auditor, M/s. R. C. Jain & Associates LLP, effective July 20, 2026. The Board of Directors approved the decision during a meeting held on July 21, 2026, at the company's registered office in Mumbai. The internal auditor completed the assignment for the financial year 2025-26 and requested discontinuation of the engagement for the remaining tenure by mutual consent.

The Board noted that the termination is by mutual consent and is not on account of any dispute, disagreement, or deficiency in services rendered by either party. The auditor was originally appointed for the financial years 2025-26 to 2030-31. The cessation applies from the financial year 2026-27 onwards.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Internal Auditor Change

The following table provides the particulars of the change in internal auditor as per Schedule III of SEBI LODR Regulations:

The company confirmed that the letter of resignation from the internal auditor is enclosed with the regulatory filing.