ADVIK CAPITAL LTD. announced that M/s KSMC & Associates, Chartered Accountants, have resigned as the company's Statutory Auditors, effective August 15, 2026. This change is a key governance update.

The company will present this resignation to its Audit Committee and Board, and will initiate the process to appoint a new Statutory Auditor to ensure continued compliance and independent financial oversight.

This transition is important for shareholders as it impacts the external review of the company's financial statements.