Pulsar International Limited has announced the appointment of M/s. Shweta Jain & Co LLP as its new statutory auditors, effective from December 19, 2025. The appointment was communicated to BSE Limited on March 13, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Auditor Transition Details

The company's members approved the appointment through postal ballot to fill the casual vacancy caused by the resignation of the previous statutory auditor. The transition represents a standard corporate governance procedure to ensure continuous audit oversight.

New Auditor Profile

M/s. Shweta Jain & Co LLP is a chartered accountancy firm registered with the Institute of Chartered Accountants of India. The firm specializes in providing comprehensive professional services including audit, assurance, taxation, and advisory services to its clients.

Regulatory Compliance

The appointment follows the provisions of the Companies Act, 2013, and applicable rules made thereunder. Pulsar International Limited has fulfilled all disclosure requirements under Regulation 30 of the SEBI Listing Regulations, ensuring transparency in the auditor transition process.

The communication was signed by Arvindkumar Gulabji Parmar, Managing Director of Pulsar International Limited, confirming the company's commitment to maintaining proper corporate governance standards. The disclosure includes all necessary details as required under the regulatory framework, with no relationships disclosed between the new auditors and the company's directors.

Pulsar International Limited has officially disclosed the voting results of its postal ballot process conducted under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the formal disclosure to BSE Limited on March 13, 2026, confirming the successful passage of all four proposed resolutions.

Official Disclosure Details

The postal ballot disclosure was signed by Arvindkumar Gulabji Parmar, Managing Director (DIN: 09356562), and submitted to BSE Limited with the company's scrip code 512591 and scrip ID PULSRIN. The formal communication included the scrutinizer's report and detailed voting results in the prescribed format.

Scrutinizer Appointment and Process

Ankurkumar Dineshchandra Gandhi of Ankur Gandhi & Associates served as the scrutinizer for the postal ballot process. The scrutinizer was appointed by the Board of Directors on February 5, 2026, and submitted the final report to the company on March 12, 2026.

Voting Process and Timeline

The postal ballot notice was dated February 5, 2026, and the voting process was conducted entirely through electronic means. The e-voting period commenced at 9:00 AM IST on February 9, 2026, and concluded at 5:00 PM IST on March 11, 2026. No physical postal ballots were received during the process.

Resolution-wise Voting Results

All four resolutions received overwhelming approval from shareholders, with the promoter and promoter group providing 100% support across all items.

Resolution 1: Statutory Auditor Appointment (Ordinary Resolution)

The appointment of statutory auditor in casual vacancy achieved the highest approval rate:

Resolution 2: Independent Director Regularization (Special Resolution)

Regularization of Mr. Bikash Tarafdar (DIN: 11001379) as Independent Director:

Resolution 3: Non-Executive Director Regularization (Special Resolution)

Regularization of Mr. Rupabhai Patel (DIN: 11291265) as Non-Executive Non-Independent Director:

Resolution 4: Managing Director Appointment (Special Resolution)

Approval for change in designation and appointment of Mr. Arvindkumar Gulabji Parmar (DIN: 09356562) as Managing Director:

Regulatory Compliance and Corporate Governance

The postal ballot was conducted in strict compliance with Section 110 and 108 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized the e-voting facility provided by Central Depository Services (India) Limited (CDSL) for the electronic voting process.

As per Section 110(2) of the Companies Act, 2013, all resolutions were deemed to have been duly passed on March 11, 2026, the last date specified for e-voting. The successful passage of all resolutions strengthens the company's board composition and ensures compliance with regulatory requirements for statutory auditor appointment and director regularizations.