BSEAayush Wellness LtdMediumNeutral
Announced Thu, 21 May · 14:56 IST

Appointment of Statutory Auditors of the Company.

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Aayush Wellness Ltd has appointed M/s. A. Raghavendra Rao & Associates, Chartered Accountants as its new statutory auditors. This appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. A J M S & Co. LLP. The new auditor was appointed based on the Audit Committee's recommendation and approved by the Board on May 21, 2026. The appointment is subject to shareholder approval at the ensuing Annual General Meeting. The new firm, established in 1986, brings experience across sectors including banking, healthcare, IT, and manufacturing.

Likely market impact

The resignation of the previous auditor mid-term could raise minor concerns about governance, though the company has acted promptly to fill the vacancy with a qualified replacement. Shareholders will vote on this appointment at the AGM.