Resignation of Statutory Auditors Mr. Jawahar And Associates
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B2B Software Technologies Ltd informed the BSE that M/s Jawahar and Associates, Chartered Accountants (FRN: 0012815), have resigned as the company's Statutory Auditors effective August 12, 2025. The auditor cited pre-occupation and the decision of the partner in charge to reduce work due to age factor as reasons for stepping down. Jawahar and Associates were originally appointed in FY 2022-23 with a term extending to FY 2026-27, making this a mid-term exit. Their last work was the Q1 FY2025-26 limited review report submitted on July 12, 2025. The auditor explicitly stated there were no concerns with the audit and no prior communications with the Audit Committee or Board about any issues.
The company must appoint a new statutory auditor to fill the vacancy before the next reporting cycle. Since the reason cited is routine (pre-occupation and age-related retirement of the partner) with no audit concerns flagged, this is unlikely to have a material impact on the stock price, though investors should watch for the timely appointment of a replacement auditor.