Statutory Auditor resigns mid-term citing missing records and unpaid fees
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Auri Grow India's statutory auditor S Parth & Co resigned mid-term effective June 25, 2026. The auditor cited two reasons: the company failed to provide books of account, supporting documents and explanations needed for the audit, and professional fees remained unpaid despite repeated reminders. The auditor flagged that the inability to obtain sufficient audit evidence was a management-imposed limitation with potential significant impact on financial statements, and noted similar information gaps were prevalent in previously reported results. Auditor was appointed in August 2025 with term running to FY 2028-29 AGM.
Serious governance red flag. Watch for restated financials, new auditor appointment, and possible regulatory scrutiny.