General Updates

M.K.

Proteins' Audit Committee reviewed the resignation of its statutory auditor, M/s. KRA & Co. The auditor resigned as the company seeks a local firm for operational ease, better accessibility, and coordination.

Crucially, the auditor raised no concerns regarding management conduct, information availability, or financial reporting quality.

The committee confirmed adequate information was provided, no unresolved issues remain, and the resignation has no adverse impact on the integrity of financial statements.

This change appears driven by efficiency and governance improvements.