Resignation of Statutory Auditor of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
M/s. SDPM & Co, Chartered Accountants (FRN: 126741W) has resigned as the Statutory Auditor of Amarnath Securities Ltd, effective February 3, 2026. The resignation was due to other professional commitments, and the auditor confirmed there are no other material reasons behind the exit. The company's Board and Audit Committee will now work on appointing a new statutory auditor in line with the Companies Act, 2013. The disclosure was filed under SEBI LODR Regulation 30 and includes the auditor's resignation letter as Annexure 1. The communication was signed by Chetan Patel, Whole-Time Director of the company.
Auditor resignations, even when cited as routine, can raise minor governance concerns among investors. Shareholders should watch for timely appointment of a new auditor to avoid any compliance or audit delays, though the stated reason here appears non-controversial.