Alkali Metals Limited has informed the Exchange regarding Resignation of Ms C K S Associates, Chartered Accountants as Other of the company w.e.f. July 18, 2025.
ALKALI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alkali Metals Limited has informed exchanges that M/s. C K S Associates, Chartered Accountants (Firm Registration No. 007390S), have resigned as Statutory Auditors of the company effective from the conclusion of the upcoming Board Meeting that will approve Q1 FY26 (quarter ended June 30, 2025) financial results. The auditors cited internal restructuring within their firm, specifically the retirement of some senior partners, as the reason for stepping down. They have confirmed there is no disagreement with the management, audit committee, or financial reporting practices, and no issues obtaining sufficient audit evidence. C K S Associates were appointed at the 56th AGM on August 21, 2024, for a five-year term, meaning this resignation is happening well before their term ends. They will still issue the Limited Review Report for Q1 FY26 and will file Form ADT-3 with the Registrar of Companies.
This is an auditor change driven by reasons internal to the audit firm rather than any governance or financial issues at Alkali Metals. Shareholders should note the company will need to appoint a new statutory auditor soon, and the transition may create short-term uncertainty, though the company has stated no financial reporting concerns exist.