BSECompany Update5d ago · 2 Nov 2026, 06:26 pm

We hereby submit our clarification with reference to the Communication dated 02nd November 2026 seeking clarification regarding the delay in the disclosure of the Change in the Constitution of the Statutory Auditors under Regulation 30 of SEBI LODR Regulations 2015.

Mitsu Chem Plast Ltd · 540078

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Mitsu Chem Plast Ltd has submitted a clarification regarding the delay in disclosure of the change in constitution of the Statutory Auditor under Regulation 30 of SEBI LODR Regulations, 2015. The company had inadvertently missed the email communication and failed to disclose the material event within the prescribed timeline of 24 hours. The Statutory Auditor and the tenure of their appointment remain unchanged.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Mitsu Chem Plast Ltd - 540078 - Clarification Regarding Delay In Disclosure Under Regulation 30 Of SEBI LODR Regulations, 2015

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November 02, 2026 The General Manager, Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 540078 Dear Sir/Madam, Subject: Clarification Regarding Delay in Disclosure under Regulation 30 of SEBI LODR Regulations, 2015 With reference to your communication dated 2nd November 2026 seeking clarification regarding the delay in disclosure of the change in constitution of the Statutory Auditor under Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to submit the following clarification: The Company had submitted a Corporate Announcement to the Stock Exchange on 31st October 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimating the change in constitution of the Statutory Auditor, M/s. Gokhale & Sathe, Chartered Accountants, into M/s. Gokhale & Sathe LLP, with effect from 27th August 2026. The delay in filing the disclosure was inadvertent, as the email communication received in this regard was inadvertently missed by our team. Consequently, the Company unintentionally failed to disclose the said material event to the Stock Exchange within the prescribed timeline of 24 hours. Further, we wish to clarify that there is no change in the Statutory Auditor of the Company. The only change is that the audit firm M/s. Gokhale & Sathe, Chartered Accountants, has been converted from a firm into a Limited Liability Partnership (LLP). Accordingly, the Statutory Auditor and the tenure of their appointment remain unchanged. We sincerely regret the oversight and acknowledge the delay in compliance. The Company has taken note of the same and shall strengthen its internal monitoring mechanisms to ensure that all material events are duly identified and disclosed within the prescribed timelines going forward. We assure you that such an inadvertent lapse shall not recur in the future and request you to kindly take the above explanation on record. Thanking you. Yours faithfully, FOR MITSU CHEM PLAST LIMITED Manish Mavji Dedhia Managing Director & CFO DIN: 01552841 Encl: as above