Bheema Cements Limited has informed about the Resignation of statutory auditor of the company M/s P. Murli & Co., Chartered Accountants (Firm Registration No. 007257S) with effect from ....
Awaiting price reaction for this filing.
Bheema Cements Limited has informed the stock exchanges that its statutory auditor, M/s P. Murli & Co., Chartered Accountants (Firm Registration No. 007257S), has resigned effective August 12, 2025. The auditor cited pre-occupation with other assignments as the reason and confirmed there are no other material reasons behind the exit. The auditor had been appointed on November 30, 2021, and their term was scheduled to expire at the conclusion of the 46th Annual General Meeting for FY 2024-25, making this a midterm resignation. Their last audit report covered the period ending March 31, 2025, issued on May 30, 2025. The auditor stated no concerns with management or limitations were imposed during the engagement.
This is a midterm auditor exit before the completion of the full term. While the stated reason (pre-occupation) is routine, retail investors should watch for timely appointment of a new statutory auditor and monitor the upcoming FY 2025-26 audit for any red flags. No immediate impact on share price is expected, but a prolonged auditor vacancy could raise governance concerns.