Statutory Auditor Piyush J Shah and Co resigns mid-term
AIROLAM · price
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Airo Lam Limited's statutory auditor Piyush J Shah and Co has resigned effective June 25, 2026, citing pre-occupation with other assignments. The firm was originally appointed on September 29, 2021, with a term running until the AGM in 2026, making this a mid-term exit. The auditor confirmed there are no disputes with management and no concerns about information suppression. The audit for the financial year ending March 31, 2026 was already completed and submitted on May 27, 2026. The company will need to appoint a new statutory auditor to fill the vacancy.
Auditor exit before term end may raise minor governance concerns. Company must appoint a new auditor soon to cover remaining period.