attaching herewith an intimation of Completion of tenure of Statutory Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Confidence Futuristic Energetech has informed the stock exchange that M/s Koshal & Associates, Chartered Accountants (FRN 121233W) have completed their maximum permitted five-year term as the company's Statutory Auditors. Under the Companies Act, 2013, the firm is statutorily barred from being re-appointed. Their tenure formally ended at the conclusion of the 40th Annual General Meeting held on September 30, 2025. The company has disclosed the required details under SEBI Listing Regulations but has not yet announced a replacement auditor in this filing.
This is a routine, regulatory-driven change and not a red flag, as the auditor's exit is due to the mandatory term limit rather than any dispute or quality concern. Shareholders should watch for a subsequent announcement naming the new statutory auditor, but the event itself is unlikely to materially affect the stock price.