APPOINTMENT OF STATUTORY AUDITOR DUE TO CASUAL VACANCY
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Ajwa Fun World & Resort Ltd has appointed M/s. SPVP & Co., Chartered Accountants (FRN: 111660W), Vadodara as its new Statutory Auditor on October 3, 2025. This appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. SPVP & Co (FRN: 155159W), which appears to be a different firm based on the distinct FRN numbers. 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. No reasons for the previous auditor's resignation have been disclosed in this filing.
Auditor changes, especially mid-term resignations, can raise governance concerns among shareholders and may warrant scrutiny on the reasons behind the previous auditor's exit. The interim appointment is only until the next AGM, so shareholders should expect a confirmation vote at that meeting.