Auditor20 Jul 2026, 05:50 pm
RRP Semiconductor Appoints Lipika and Associates as Statutory Auditor
AI Summary
RRP Semiconductor Ltd announced a change in its statutory auditor following the resignation of M/s. PAMS & Associates due to geographical constraints. The Board of Directors, based on the Audit Committee's recommendation, has proposed the appointment of M/s. Lipika and Associates, Chartered Accountants, as the new Statutory Auditor. This appointment is for a term of 5 years, from FY 2026-27 to FY 2030-31, and is subject to shareholder approval at the upcoming Annual General Meeting. The resignation of the previous auditor was effective from June 26, 2026.
Key Highlights
- RRP Semiconductor's statutory auditor, PAMS & Associates, resigned due to geographical challenges.
- Lipika and Associates proposed as new Statutory Auditor for a 5-year term.
- Appointment is subject to member approval at the ensuing Annual General Meeting.
- The change was approved during a Board Meeting held on July 20, 2026.
Price Impact
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