Intimation of appointment of Statutory Auditor to fill the casual vacancy caused due to resignation of existing auditor.
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Betex India Ltd informed BSE that its existing Statutory Auditor, M/s. C P Jaria & Co., Chartered Accountants (FRN: 104058W), resigned citing inability to continue, effective 14th August 2025. The Board accepted the resignation on 13th August 2025 and noted that the outgoing auditor raised no concerns. To fill the casual vacancy, the Board, on the recommendation of the Audit Committee, appointed M/s. H T K S & Co., Chartered Accountants (FRN: 111032W) as the new Statutory Auditor, effective 14th August 2025 until the conclusion of the next Annual General Meeting. The new auditor is a firm established in 1990 with 6 partners and 49+ staff, offering audit, tax, and corporate law services across 4 Indian cities.
The auditor change is a routine regulatory procedure triggered by the prior auditor's inability to continue, with no concerns flagged by the outgoing firm. Shareholders should note this is a temporary appointment valid only until the 2025 AGM, where a permanent auditor will likely be ratified. Typically a neutral event for the stock, though sudden mid-term auditor changes can sometimes invite investor scrutiny.