Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 - Demise of Statutory Auditor
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Bervin Investment & Leasing Ltd has informed the stock exchange that its statutory auditor, Mr. Krishan Kumar Gupta (Sole Proprietor of M/s Krishan K Gupta & Co, Chartered Accountants, New Delhi), passed away on June 15, 2025. This has created a casual vacancy in the position of statutory auditor of the company. The Audit Committee and Board will take steps to appoint a new statutory auditor in due course, in compliance with the Companies Act, 2013, and a further intimation will follow. The disclosure was made under SEBI LODR Regulation 30, with supporting details annexed.
This is a procedural compliance disclosure triggered by the unfortunate and unexpected death of the auditor, not a governance red flag. No direct share price impact is expected, though the company will need a new auditor in place to sign off on its upcoming financial statements, so investors should watch for the next appointment announcement.