Godha Cabcon & Insulation Limited has informed the Exchange regarding Change in Auditors of the company.
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J.S. Shah & Co, Chartered Accountants has resigned as the Statutory Auditor of Godha Cabcon & Insulation Limited with effect from close of business on August 22, 2025. The auditor cited 'pre-occupation' as the reason, stating they would not be able to conduct the audit. Notably, the auditor was appointed just three days earlier on August 19, 2025, and their term was scheduled to run until the conclusion of the upcoming AGM. The auditor confirmed there are no other material reasons for the resignation and raised no concerns prior to stepping down. The company has disclosed this change under SEBI Listing Regulations.
The extremely short tenure (3 days) of the auditor before resigning is unusual and may raise governance concerns among shareholders, even though no specific issues were flagged. Investors should watch for the appointment of a new statutory auditor and any further disclosures from the company.