1. Resignation of Rajeev Shagan Gupta & Co Chartered Accountants from the office of Internal Auditor of the company. 2. Resignation of JVS & Associates, Company Secretaries as the Secretarial ....
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Addi Industries Ltd has informed the stock exchange that three key positions became vacant on the same day, 24 December 2025. Rajeev Shagan Gupta & Co., Chartered Accountants, resigned as Internal Auditor citing pre-occupation with other assignments. JVS & Associates, Company Secretaries, resigned as Secretarial Auditor, also citing pre-occupation. In addition, Ms. Taranjeet Kaur stepped down as Company Secretary and Compliance Officer due to other professional commitments. The reasons cited in all three resignation letters appear routine and not related to any dispute or governance concern. The company has not yet announced replacements for any of these roles.
For shareholders, this means the company currently lacks an Internal Auditor, Secretarial Auditor, and Company Secretary/Compliance Officer — all important governance positions. While the stated reasons are routine (pre-occupation), simultaneous resignations of multiple auditors and the KMP Compliance Officer warrant monitoring, as any delays in appointing replacements could raise compliance and disclosure concerns.