AURIGROWNSEAuri Grow India LimitedHighNegative
Announced Thu, 25 Jun · 17:06 IST

Statutory Auditor resigns citing withheld records and unpaid fees

Auditor Resigned MidtermManagement Changes View source PDF

AURIGROW · price

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▲ 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
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AI summary

Auri Grow India Limited's statutory auditor S Parth and Co resigned effective June 25, 2026, about 10 months after appointment in August 2025. Reasons cited: non-availability of books, records and information needed for audit despite repeated requests, and unpaid professional fees. The auditor stated the inability to obtain evidence was a management-imposed limitation with significant impact on financial statements, and that similar lack of information was also prevalent in prior reported results. The term was originally scheduled to run until the FY 2028-29 AGM.

Likely market impact

Serious governance red flag. Claims of withheld records and management-imposed audit limits may worry investors and invite regulatory scrutiny.