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Other Financial Services
Auditor20 Jul 2026, 05:30 pm

RRP Semiconductor Ltd Appoints New Statutory Auditor

AI Summary

RRP Semiconductor Ltd announced the outcome of its Board Meeting held on July 20, 2026. The Board accepted the resignation of M/s. PAMS & Associates as Statutory Auditor due to geographical constraints. Following the recommendation of the Audit Committee, the Board proposed the appointment of M/s. Lipika and Associates as the new Statutory Auditor for a term of five years, from FY 2026-27 to FY 2030-31. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. The meeting commenced at 4:00 p.m. and concluded at 5:00 p.m.

Key Highlights

  • Board accepted resignation of Statutory Auditor M/s. PAMS & Associates.
  • New Statutory Auditor M/s. Lipika and Associates proposed.
  • Appointment term is for five financial years (2026-27 to 2030-31).
  • Appointment requires member approval at the ensuing AGM.