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Pet Plastics informs about outcome of board meeting

20 Nov 2021 Evaluate
Pet Plastics has informed that the Board of Directors of the Company at its meeting held on, November 12, 2021 has considered and approved the immediate resignation of Mulraj D Gala & Co., Chartered Accountants due to professional misconduct. Due to aforesaid resignation, the Company had adjourned the Board meeting and decided to conduct the Board Meeting on 19th November, 2021. However due to unavoidable circumstances, the unaudited financial results along with Limited Review report could not be present because of debarredment of the Old Statutory Auditor CA. Mulraj D Gala and the said vacancy is yet to be filled by the Company. Hence, the board members decided to cancel the said adjourned board meeting and the same shall be reconvened as and when new statutory auditor is appointed by the Company and financial results along with the Limited Review Report is prepared by the new Statutory Auditor.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Redington 227.50
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Amrapali Industries 17.36
Rashi Peripheral 474.40
PDS 294.40
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