
Auditor11 May 2026, 04:24 pm
Promax Power Appoints Manish Jain as Statutory Auditor
AI Summary
Promax Power Ltd. announced the appointment of M/s. Manish Jain & Associates, Chartered Accountants, as the Statutory Auditors of the company. The appointment, effective from May 9, 2026, until the conclusion of the Annual General Meeting in 2026, was approved by the shareholders via Postal Ballot Resolution dated May 9, 2026. This decision follows the recommendation of the Audit Committee and aims to fill the Casual Vacancy in the office of Statutory Auditor.
Key Highlights
- Manish Jain & Associates appointed as Statutory Auditors effective May 9, 2026.
- Appointment approved by shareholders via Postal Ballot Resolution.
- Auditor to serve until the conclusion of the 2026 Annual General Meeting.
- Appointment fills a Casual Vacancy based on Audit Committee recommendation.
- Manish Jain & Associates expertise includes Auditing, Finance, Legal, and Taxation services.
Price Impact
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