BATLIBOIBSEBatliboi Ltd-$MediumNeutral
Announced Fri, 3 Apr · 11:11 IST

Please find the enclosed intimation under Regulation 30 of SEBI(LODR) Regulations 2015 for cessation of statutory auditor of Quickmill

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Batliboi Ltd has announced that Mr. Jeff Lingard of Inclusive Accounting Professional Corporation has ceased as statutory auditor of Quickmill Inc., the company's material subsidiary. The auditor voluntarily relinquished their professional license in Canada to pursue career opportunities outside the audit profession, making them ineligible to continue audit engagements under Canadian regulatory standards. Quickmill Inc.'s Board has appointed MNP LLP Peterborough as the replacement statutory auditor. MNP is a well-established accounting firm founded in 1958 with over six decades of experience providing audit, tax, advisory and consulting services across Canada.

Likely market impact

The mid-term change in auditor for a material subsidiary raises mild governance concerns as it involves a voluntary departure rather than routine rotation. However, a replacement auditor has been promptly appointed, limiting potential disruption to audit continuity.