Adeshwar Meditex Limited has informed the Exchange regarding the resignation of the Stautory Auditors of the company
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M/s J N Gupta & Co. LLP, Chartered Accountants (Firm Registration No. 006569C/W100892) has resigned as the Statutory Auditor of Adeshwar Meditex Limited, effective September 26, 2025. The auditor was originally appointed on August 20, 2021, with a term scheduled to expire at the 19th Annual General Meeting in 2026, making this a mid-term exit. The reason cited is the auditor's inability to devote required time due to other professional assignments, with no concerns flagged about management, information access, or financial reporting. The last audit report submitted was for the financial year ending March 31, 2025, filed on May 28, 2025. The auditor has confirmed there are no other material reasons for the resignation and offered to assist during the transition.
The resignation itself appears routine and non-controversial, with no governance red flags raised. However, the company will need to appoint a new statutory auditor before the next reporting cycle, and investors should watch for the appointment announcement to ensure continuity of audit oversight.