Announced Fri, 29 Aug · 18:43 IST

Resignation of Statutory Auditor due to completion of tenure of appointment of 3 years.

Management Changes View source PDF

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

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AI summary

Brilliant Portfolios Limited informed the stock exchange that M/s Sanjeev Bhargava & Associates, Chartered Accountants, has resigned as Statutory Auditor of the company with effect from 29th August 2025. The resignation is due to the completion of their 3-year tenure of appointment, which was scheduled to expire on the same date. The auditor had been appointed on 25th September 2022 and had submitted the audit report for FY ended 31st March 2025 and the limited review report for Q1 FY26 before stepping down. The auditor confirmed there were no concerns, no management-imposed limitations, and no other material reasons for the resignation. The company will need to appoint a new statutory auditor going forward.

Likely market impact

This is a routine, non-eventful change — the auditor is leaving only because their 3-year term has naturally ended, not due to any disagreement or governance red flag. Shareholders should expect the company to appoint a new statutory auditor before the next audit cycle, but there is no material impact on the stock or business outlook.