Appointment of Statutory Auditor.
Awaiting price reaction for this filing.
Inditrade Capital Ltd informed BSE that its existing statutory auditor, M/s. Kirtane & Pandit LLP (Firm Reg. No. 105215W/W100057), resigned effective February 12, 2026. The Board of Directors, based on the Audit Committee's recommendation and subject to shareholder approval, approved the appointment of M/s. CLB & Associates (Firm Reg. No. 124305W) as the new Statutory Auditor effective February 13, 2026, to hold office until the conclusion of the next Annual General Meeting. CLB & Associates is a Mumbai-based chartered accountancy firm with 5 partners and 15 staff providing audit, taxation, and management consultancy services. No specific reason for the resignation was disclosed in the filing.
This is a mid-term auditor change, which investors typically monitor as it can sometimes signal accounting disagreements or internal issues, though no reason was disclosed here. The new auditor's tenure only runs until the next AGM, meaning shareholders will likely vote on a full-term appointment soon. Near-term impact on stock price is expected to be limited, but investors should watch for any further disclosures.