Intimation regarding resignation of Statutory Auditor of the company with effect from 19 December,2025 due to reduction in overall audit leadership capacity of auditor.
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M/s J. Singh & Associates (FRN: 110266W), the statutory auditor of Bizotic Commercial Limited, resigned effective 19 December 2025. The auditor cited internal reasons: a key partner responsible for the company's audits left the firm, reducing audit leadership capacity, combined with acute staff shortages that made timely audit completion impossible. The auditor explicitly confirmed there were no concerns about the company itself and no other material reasons for the resignation. The outgoing auditor will still issue the limited review report for the half-year ending 31 March 2026 as required by SEBI rules. The company must now appoint a new statutory auditor to continue the audit work.
Investors should note this is a mid-term auditor change driven by the audit firm's own resource constraints, not by any governance issue at the company. The company will need to appoint a replacement auditor soon, which could cause short-term procedural delays but should not materially affect ongoing operations or financial reporting for the near term.