Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we hereby submit the disclosure for Appointment of Statutory Auditor of the Company.
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Awaiting price reaction for this filing.
Cargosol Logistics informed the BSE that shareholders approved two auditor appointments at the AGM held on September 18, 2025. M/s. T M R and Associates LLP has been appointed as the new Statutory Auditor for a 5-year term, filling a casual vacancy created by the resignation of the previous auditor, M/s. C A S & Co. Chartered Accountants. Additionally, M/s. Jajodia & Associates has been appointed as Secretarial Auditor for a 5-year term ending at the FY 2030-31 AGM. T M R & Associates LLP is a Mumbai-based firm with six chartered accountants and a team of eighteen members, while Jajodia & Associates is a practicing company secretary firm registered with ICSI. The filing does not disclose the reason for the previous statutory auditor's resignation.
The mid-term change of statutory auditor is something retail investors should watch closely, as unexplained auditor resignations can sometimes signal underlying governance or financial concerns. The new statutory auditor (T M R & Associates LLP) appears to be a larger, more established firm than the previous one, which is a neutral-to-positive governance signal. No immediate stock price impact is expected from routine auditor appointments.