Syschem (India) Limited announced that its Statutory Auditor, M/s STAV & Co., has resigned.

The auditor stated their inability to continue due to the expiry and non-renewal of their mandatory Peer Review Certificate.

This is a compliance-related change for the auditor, not reflecting on the company's financial operations.

Syschem is actively working to appoint a new Statutory Auditor to maintain proper financial governance and ensure timely oversight for investors.