RRP Semiconductor Ltd: Statutory Auditor Resigns Due to Geographical Constraints

RRP Semiconductor Ltd announced the resignation of its statutory auditor, M/s. PAMS & Associates, Chartered Accountants. The resignation is effective from June 26, 2026. The firm cited geographical constraints, specifically the distance between its Bhubaneswar office and the company's Mumbai operations, as the primary reason for stepping down. The closure of their Mumbai branch in 2024 made it increasingly difficult to manage the audit effectively. The company's Audit Committee and Board of Directors will address this resignation in upcoming meetings and will appoint a new statutory auditor to fill the casual vacancy.