APPOINTMENT OF STATUTORY AUDITOR DUE CO CASUAL VACANCY
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Ajwa Fun World & Resort Ltd has informed BSE that M/s. SPVP & Co., Chartered Accountants (FRN: 111660W), based in Vadodara, has been appointed as the new Statutory Auditor of the company. The appointment was made on October 3, 2025, to fill a casual vacancy arising from the resignation of the previous Statutory Auditor, also named SPVP & Co. (with a different FRN: 155159W). The new auditor will hold office until the conclusion of the 34th Annual General Meeting and will conduct the statutory audit for the financial year ending March 31, 2026. The company has expertise in auditing, finance, legal, taxation, assurance, and regulatory services as the rationale for the appointment.
Mid-term auditor change can sometimes raise governance concerns, though the incoming firm shares its name with the outgoing one (different registration numbers), suggesting an internal restructuring. Shareholders should monitor for any further disclosures about the reason behind the prior auditor's resignation.