Prostarm Info Systems Appoints M/s. Valawat and Associates as Statutory Auditors for Five Years
The Board of Directors of Prostarm Info Systems Limited has approved the appointment of M/s. Valawat and Associates Chartered Accountants as the company's Statutory Auditors. The decision was made during a meeting held on August 12, 2026, and follows a recommendation from the Audit Committee.M/s. Valawat and Associates Chartered Accountants (Firm Registration No.: 003623C) has been appointed to hold office for a term of five consecutive years. This term runs from the conclusion of the ensuing Annual General Meeting until the conclusion of the 24th Annual General Meeting of the Company, which is scheduled for the Financial Year 2030-31. The appointment remains subject to approval by the Members at the upcoming 19th Annual General Meeting of Prostarm Info Systems Limited.
Auditor Profile and Details
The appointment sees M/s. Valawat and Associates fulfilling the role of Statutory Auditor. Key details regarding the firm and its history are as follows:| Detail | Information |
|---|---|
| Name of Statutory Auditor | M/s. Valawat and Associates |
| Reason for Change | Appointment |
| Date of Appointment & Term | The firm was appointed to hold office for a term of five consecutive years from the conclusion of the ensuing Annual General Meeting until the conclusion of the 24th Annual General Meeting of the Company to be held for the Financial Year 2030-31. |
Brief Profile of M/s. Valawat and Associates
M/s. Valawat & Associates is a firm of Chartered Accountants, with CA Priyansh Valawat serving as a Partner. The firm holds registration with The Institute of Chartered Accountants of India (ICAI) under Firm Registration No. 003623C.Established in the year 1987, M/s. Valawat & Associates provides un-interrupted value-added services to incorporated bodies, reputed business houses, and High Net worth (HNI) individuals. The firm maintains a head office in Udaipur, Rajasthan, and operates a Branch Office in Mumbai, Maharashtra.
The partners at the firm possess extensive experience across audit, taxation, company law matters, Central Excise and Custom Laws, Sales tax, and Project financing. M/s. Valawat & Associates has served various sectors over the years, including NBFC, Insurance Sector, Chemical Industries, Education Industries, Retail & Consumer Industries, Media & Entertainment Sector, Construction Sector, Hospitality Sector, Technology Sector, and Banking Sector.
PROSTARM Stock Price Movement
Shares of Prostarm Info Systems Limited slipped today, settling at ₹142.5 after the stock shed 3.77% in post-market trading. The company traded a volume of 256,986 shares, closing closer to its day low of ₹140.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.