Pulsar International Limited has announced the resignation of its statutory auditor, M/s. J. Singh Associates, effective December 15, 2025. The company informed the BSE about this development through a regulatory filing dated December 16, 2025, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Resignation Details

The resignation was formally placed before the Board of Directors at their meeting held on December 16, 2025, and has been taken on record. J. Singh Associates submitted their resignation letter citing specific operational challenges that prevented them from continuing their audit responsibilities.

Reasons for Resignation

J. Singh Associates provided detailed explanations for their decision to step down as statutory auditor. The auditing firm outlined two primary factors that led to their resignation:

• Partner Resignation: A key partner who was primarily responsible for overseeing audits of Pulsar International Limited recently resigned from the partnership, resulting in a significant reduction in overall audit leadership capacity
• Staff Constraints: The firm is experiencing acute staff shortages and resource limitations, making it unable to allocate the necessary team strength required for timely and quality completion of audits

Compliance and Timeline Impact

The auditing firm acknowledged that due to these circumstances, they would not be in a position to complete the audit within the stipulated timelines prescribed under applicable laws and regulations. To avoid further delay or inconvenience to the company, J. Singh Associates believed it appropriate to resign and allow Pulsar International to appoint another auditor who can devote adequate time and resources.

Regulatory Confirmations

J. Singh Associates confirmed in their resignation letter that there are no other material reasons for their resignation except those stated. The firm also confirmed compliance with Section 140(2) of the Companies Act, 2013 read with Rule 8 of the Companies (Audit and Auditors) Rules, 2014, stating they have provided all required information and explanations.

Next Steps

Pulsar International Limited has indicated that it will appoint a new statutory auditor in accordance with the provisions of the Companies Act, 2013 and applicable SEBI regulations. The company stated that details regarding the new auditor appointment will be communicated to the stock exchange in due course. The resignation letter was signed by Hemant Kumar Shantilal Mehta, Partner at J. Singh Associates, with membership number 100748.

Pulsar International Limited , a company listed on the Bombay Stock Exchange (BSE: 512591), has announced significant changes to its board of directors and committee structures. The company made these appointments and restructuring decisions during a board meeting held on September 11, 2025.

New Board Appointments

The company has appointed two new directors to its board:

1. Kaushik Kiritkumar Modi (DIN: 09462028) has been appointed as an Additional Non-Executive Independent Director. Modi brings over 40 years of experience in investment advisory and insurance services, with expertise in equity markets and financial planning. He is known for his ability to build long-term relationships and combine deep market insights with strong communication and compliance expertise.

2. Rupabhai Maganbhai Patel (DIN: 11291265) has been appointed as an Additional Non-Executive Non-Independent Director. Patel, a Bachelor of Arts graduate, contributes over 30 years of experience in the agriculture sector. His expertise spans various aspects of agri-business operations, including harvesting, trading, and cold storage.

Both appointments are for a five-year term, subject to shareholder approval at the upcoming General Meeting of the company.

Board Committee Restructuring

Following these appointments, Pulsar International Limited has reconstituted its board committees as follows:

Audit Committee

• Chair: Payal Sadhu (Non-Executive Independent Director)
• Members: Kaushik Kiritkumar Modi and Devendrasinh Umat

Nomination & Remuneration Committee

• Chair: Rupabhai Maganbhai Patel
• Members: Kaushik Kiritkumar Modi and Devendrasinh Umat

Stakeholder Relationship Committee

• Chair: Rupabhai Maganbhai Patel
• Members: Kaushik Kiritkumar Modi and Devendrasinh Umat

Additional Information

• Neither of the newly appointed directors holds shares in Pulsar International Limited.
• Both Modi and Patel do not hold directorships in any other listed companies.
• The company has confirmed that neither appointee is debarred from holding the office of director by virtue of any SEBI order or any other such authority.
• The appointments and committee restructuring are effective from September 11, 2025.

These changes in the board composition and committee structures are expected to bring fresh perspectives and diverse expertise to Pulsar International Limited's governance and strategic decision-making processes.