Company Update

Chemo Pharma Laboratories announced its statutory auditor, Sanjay Rane & Associates LLP, has resigned effective July 23, 2025. The auditors cited pre-occupation with other assignments as the reason for their resignation, confirming no disputes with management or concerns regarding information suppression.

This development is significant as the company will now need to appoint a new auditor.

This change impacts the company's financial oversight and ongoing regulatory compliance, which are key aspects for shareholders.