BSECDG Petchem LtdMediumNeutral
Announced Fri, 14 Nov · 20:59 IST

The Board at its meeting held on 14.11.2025 have approved the resignation of M/s. Badal Jain & Co, as Internal auditors of the Company.

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

The Board of Directors of CDG Petchem Ltd, at their meeting on 14th November 2025, approved the resignation of M/s. Badal Jain & Co, Chartered Accountants, as the company's Internal Auditors, effective the same date. The audit firm cited pre-occupation with other assignments and inability to devote sufficient time to the company's affairs as the reason for stepping down. The announcement was made under SEBI LODR Regulation 30, signed by Managing Director Manoj Kumar Dugar. No replacement auditor has been mentioned in this filing.

Likely market impact

Internal auditor changes are routine but warrant monitoring — shareholders should watch for a timely appointment of a new internal auditor to ensure continued audit oversight. No immediate impact on share price is expected, but prolonged vacancy could raise minor governance concerns.