intimation of resignation of Statutory Auditor of the company
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CHD Chemicals Ltd has informed BSE that its Statutory Auditor, M/s DSP & Associates (FRN: 006791N), resigned effective January 30, 2026. The resignation came after completion of the statutory audit/review for the quarter ended September 30, 2025. The auditor cited 'pre-occupation due to other professional commitments' as the reason and confirmed there were no disagreements with the company's management or Audit Committee on any matters of accounting, auditing, or financial disclosures. The board has been formally intimated and the company will now need to appoint a new statutory auditor to fill the vacancy.
This is a mid-term auditor change, which investors typically watch as a governance signal. However, the stated reason is routine (other professional commitments) and no disagreements were reported, so the immediate impact on the stock may be limited, though it may prompt questions during the next audit committee interactions.