Pulsar International Limited has announced the appointment of a new statutory auditor following a Board of Directors meeting held on December 19, 2025. The decision was made on the recommendations of the Audit Committee to address a casual vacancy in the auditor position.

Board Resolution Details

The Board of Directors approved the appointment of M/s. Shweta Jain Co LLP, Chartered Accountants (FRN: 127673W) as the company's statutory auditor. This appointment fills the casual vacancy caused by the resignation of the previous auditor, M/s. J. Singh & Associates (FRN: 110266W), Chartered Accountants.

Proposed Long-term Appointment

Beyond filling the immediate vacancy, the Board has also proposed the appointment of M/s. Shweta Jain Co LLP as statutory auditors for a comprehensive five-year term. This proposal is subject to approval by shareholders at the ensuing Annual General Meeting.

About the New Auditor

M/s. Shweta Jain Co LLP brings significant experience to the role. The firm, formerly known as Shweta Jain & Co., converted from a firm to LLP structure effective July 30, 2025. Key highlights of the auditor include:

• Establishment: January 2006
• Headquarters: Mumbai
• Branch Locations: Bangalore, Udaipur, and Ahmedabad
• Peer Review Certificate: No. 015220
• Specialization: Business cycles, risk assessment, and economics

The chartered accountancy firm has built a reputation for combining professionalism with personalized service, fostering strong client relationships and maintaining consistent growth through its team of dynamic experts.

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company has provided all required details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIRIP/0155 dated November 11, 2024.

Pulsar International Limited has requested the stock exchange to update its records accordingly following this statutory auditor change.

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.