Thinkink Picturez Limited, a company listed on the Bombay Stock Exchange (BSE: 539310), has announced significant changes to its board meeting schedule and statutory auditor position. The company, which operates in the entertainment industry, has made these decisions in light of recent developments.

Board Meeting Postponement

The company's Board of Directors meeting, originally scheduled for August 1, 2025, has been adjourned to August 12, 2025. This postponement comes as a result of the Audit Committee's inability to approve the Unaudited Financial Results for the quarter ended June 30, 2025. Consequently, the Audit Committee meeting has also been rescheduled to the same date, August 12, 2025.

Change in Statutory Auditors

In a significant development, Thinkink Picturez Limited announced the resignation of its statutory auditors, M/s Parin Patwari & Co., effective July 31, 2025. The resignation comes as a result of the auditor's decision to discontinue operating his proprietorship firm.

To fill this vacancy, the Board of Directors, upon the recommendation of the Audit Committee, has appointed M/s Chandabhoy & Jassoobhoy, Chartered Accountants, as the new Statutory Auditors of the company. This appointment is effective immediately and will last until the upcoming General Meeting.

New Auditor Profile

M/s Chandabhoy & Jassoobhoy, Chartered Accountants (FRN No. 101648W), is a reputable audit firm with its head office in Ahmedabad. The firm is registered with the Institute of Chartered Accountants of India (ICAI) and holds a valid Peer Review certificate. They specialize in providing audit and assurance services to their clients.

Future Plans

The Board of Directors has proposed a 5-year term for M/s Chandabhoy & Jassoobhoy, subject to shareholder approval at the upcoming General Meeting. This move aims to ensure continuity and stability in the company's financial reporting and auditing processes.

Vijay G Pujara, Managing Director of Thinkink Picturez Limited, signed the official communication to the BSE regarding these changes.

These developments highlight the importance of transparent financial reporting and the role of statutory auditors in maintaining investor confidence. Shareholders and market watchers will be keenly awaiting the rescheduled board meeting on August 12, 2025, where the company is expected to present its Unaudited Financial Results for the quarter ended June 30, 2025.

Thinkink Picturez Limited, a Mumbai-based company listed on the Bombay Stock Exchange, has announced significant changes in its corporate governance structure and financial reporting timeline.

Board Meeting Postponement

The company's Board of Directors, originally scheduled to meet on August 1, has adjourned their meeting to August 12. This postponement comes after the Audit Committee failed to approve the unaudited financial results for the quarter ended June 30. The rescheduled board meeting will now consider and approve these financial results.

Change in Statutory Auditor

In a notable development, Thinkink Picturez has undergone a change in its statutory auditor. The company announced the resignation of M/s Parin Patwari & Co., effective July 31. The outgoing auditor cited their decision to discontinue operating as a proprietorship firm as the reason for the resignation.

Appointment of Interim Auditor

To ensure continuity in financial oversight, the Board of Directors has appointed M/s Chandabhoy & Jassoobhoy, Chartered Accountants, as the interim Statutory Auditors. This appointment is subject to shareholder approval at the upcoming General Meeting.

New Auditor Profile

M/s Chandabhoy & Jassoobhoy (FRN No. 101648W) is a chartered accountancy firm with its head office in Ahmedabad. The firm is registered with the Institute of Chartered Accountants of India (ICAI) and holds a valid Peer Review certificate. They specialize in providing audit and assurance services to their clients.

Terms of Appointment

The new auditors' appointment will be effective from the conclusion of the upcoming Annual General Meeting (AGM). Subject to shareholder approval, they are set to serve a five-year term as the company's statutory auditors.

These developments come at a crucial time for Thinkink Picturez as it prepares to release its quarterly financial results. Shareholders and market observers will be keenly watching the rescheduled board meeting on August 12 for insights into the company's financial performance and the impact of these governance changes.

Thinkink Picturez Limited, with its registered office in Mumbai and corporate office in Ahmedabad, operates under the CIN L22300MH2008PLC181234. The company has assured that all necessary notifications have been made to the appropriate regulatory bodies, including the BSE.