Appointment of Jitendra Chandulal Mehta & Co, (FRN: 104288W), as statutory auditors of the company w.e.f. February 03, 2026.
Awaiting price reaction for this filing.
Kome-On Communication Ltd has appointed M/s. Jitendra Chandulal Mehta & Co, Chartered Accountants (FRN: 104288W), as its new statutory auditor with effect from February 3, 2026. The appointment is to fill a casual vacancy caused by the exit of the previous statutory auditor, M/s. AMD & Co (FRN: 130247W). The new auditor's appointment is subject to approval from shareholders at the next Annual General Meeting. The new firm is an Ahmedabad-based chartered accountancy practice offering statutory audit, internal audit, taxation, and advisory services. The change was approved at the board meeting held on February 3, 2026.
The change of auditor, especially mid-term via a casual vacancy, may raise questions about the circumstances under which the previous auditor (AMD & Co) exited. Investors should watch for further disclosures explaining the reason for the auditor change, as unexplained auditor switches can sometimes be a governance red flag.