Announced Thu, 25 Jun · 16:59 IST
Statutory Auditor resigns citing missing records and unpaid fees
AURIGROW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.4%1-day move
₹0.32
prior close
₹0.31
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-3.2-9.4-9.4-12.5-12.5-9.4—————
Up moveDown movePending
AI summary
S Parth and Co resigned as Statutory Auditor of Auri Grow India effective June 25, 2026, about 10 months into a term that was to run till FY 2028-29. Reasons: company did not provide books, records and information needed for audit despite repeated requests, and unpaid professional fees. The auditor said the information gaps were management-imposed, could materially impact financial statements, and were present in previously reported financials too.
Likely market impact
Serious red flag. Auditor cites management-imposed record gaps that could materially impact financial statements. Watch for restated financials and stock price reaction.