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03/02/2024 19:57

PAE - Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors

With reference to Captioned subject, we do hereby inform the exchange the pursuant to Regulation(30) of the SEBI Regulation 2015, we have received resgination letter dated 31.01.2024 from M/s Jayesh Dadia & Associates LLP vide their email dated 01.02.2024 at 2:49pm from the position of statutory auditors of the company for the reasons mentioned in the said letter. the copy of Letter of Resignation & email from auditors is attached herewith.\r\n\r\nDetails as per Regulation 30.as per listing regulations and Circulars as ammended from time to time\r\n\r\nReason for Change: Resignation as statutory auditors of the company due to inqdequate audit renumeration.\r\nDate of cessation : 01.02.2024\r\n\r\nThe company is in process of appointing new Statutory Auditors of the company and the same will be communicated to the stock exchange.\r\nThe same will be place on Board meeting on 12.02.2024\r\nThanking you