Crown Lifters Limited has informed the Exchange regarding Change in Auditors of the company.
CROWN · price
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Crown Lifters Limited announced that its Board, at a meeting held on July 7, 2025, has approved the appointment of M/s Vishwas & Associates, Chartered Accountants (FRN: 143500W), as the new Statutory Auditor of the company. This appointment is to fill the casual vacancy caused by the resignation of the previous auditor, M/s Shiv Pawan and Company (FRN: 004972C). The outgoing auditors did not raise any concerns or issues, and the resignation reasons are detailed in their resignation letter. The new auditor, founded in November 2016 by CA Vishwas Kalal, will hold office until the conclusion of the next Annual General Meeting for FY 2025-26, subject to shareholder approval.
This is a routine mid-term auditor change with no governance concerns flagged by the outgoing auditor. Shareholders will need to approve the appointment at the upcoming AGM, but the change is unlikely to materially affect the stock price given the clean transition.