Prostarm Info Systems appoints Valawat and Associates as statutory auditors

Prostarm Info Systems Limited has appointed M/s. Valawat and Associates as its statutory auditors for a term of five consecutive years. The Board of Directors approved the appointment on August 12, 2026, based on recommendations from the Audit Committee.

The firm will hold office from the conclusion of the ensuing Annual General Meeting until the conclusion of the 24th Annual General Meeting for Financial Year 2030-31. This appointment is subject to approval by members at the company's forthcoming 19th Annual General Meeting.

Auditor Profile

M/s. Valawat and Associates is a firm of Chartered Accountants registered with The Institute of Chartered Accountants of India (ICAI). The firm holds ICAI Firm Registration No. 003623C.

Detail	Information
Firm Name	M/s. Valawat and Associates
Partner	CA Priyansh Valawat
Established	1987
Head Office	Udaipur, Rajasthan
Branch Office	Mumbai, Maharashtra

The firm serves various sectors including NBFCs, insurance, chemicals, education, retail, media, construction, hospitality, technology, and banking. It provides services in audit, taxation, company law, central excise, customs laws, sales tax, and project financing.

Regulatory Disclosure

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. There are no disclosed relationships between the directors and the appointed auditors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.43%	+6.68%	+8.59%	-17.55%	-31.59%	+13.10%

Prostarm Info Systems Ltd has reported the cancellation of its L1 bids for the supply of UPS systems by two separate government entities, impacting its order book. The company was previously declared the lowest bidder for tenders involving the supply of UPS systems to West Bengal Medical Services Corporation (WBMSC) and Karnataka State Fire and Emergency Services. The cancellations were communicated to the stock exchanges on July 17, 2026, and July 23, 2026, respectively, under Regulation 30 of the SEBI Listing Regulations.

The company had initially informed the exchanges about being declared the L-1 bidder for the WBMSC tender in February and March 2026, and for the Karnataka State Fire and Emergency Services tender in June 2026. However, both entities have now cancelled the bids, and no orders or contracts were executed prior to these decisions. The disclosures were made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details of the Cancelled Bids

The following table outlines the particulars of the cancelled bids and the reasons for their termination:

Sr. No.	Particulars	Details
1.	Name of parties	West Bengal Medical Services Corporation (WBMSC), Kolkata; Karnataka State Fire and Emergency Services
2.	Nature of the order(s)/contract(s)	Supply, Installation, Testing & Commissioning of 10 KVA UPS and 6 KVA Single Phase Input & Single Phase Output Online UPS (WBMSC); Supply, Installation, Testing and Commissioning of 3 KVA UPS with Battery Conforming to IS 16242 (Karnataka State Fire and Emergency Services)
3.	Date of execution	Not Applicable. The Company was declared L-1 bidder; however, no order/contract was executed.
4.	Reason for termination	Cancelled by WBMSC, Kolkata; Cancelled by Karnataka State Fire and Emergency Services