In terms of Section 140 of the Companies Act, 2013, V.K. Jindal & Associates, Chartered Accountants has resigned from the Company as statutory Auditors w.e.f. 01st October, 2018 due to pre- occupation. In view of the aforesaid, Pursuant to Section 139(1) of the Companies Act, 2013, 'Sri Prakash and Co.' is appointed as Statutory Auditors of Parabolic Drugs Limited ('the Company') for the Financial Year 2018-19 by the Resolution Professional, Mr. Raj Kumar Ralhan after obtaining approval from the Committee of Creditors ('CoC') in the CoC Meeting held on November 29, 2018, to hold the office up to the conclusion of next Annual General Meeting of the Company w.e.f. 14th December, 2018.