Crown Lifters Limited has informed the Exchange regarding Appointment of M/s Vishwas & Associates as Statutory Auditor of the company w.e.f. July 07, 2025.
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Crown Lifters Limited has appointed M/s Vishwas & Associates, Chartered Accountants (FRN: 143500W), as its new Statutory Auditor with effect from July 7, 2025. The appointment is to fill a casual vacancy created by the resignation of the previous auditor, M/s Shiv Pawan & Co (FRN: 004972C). The company has clarified that the outgoing auditor did not raise any concerns or issues before resigning. The new auditor will hold office until the conclusion of the next Annual General Meeting for FY 2025-26, subject to shareholder approval. Vishwas & Associates is a Mumbai-based firm founded in 2016, serving over 200 clients across corporate, startup, and individual segments.
This is a routine mid-term change of auditor with no governance red flags, as the outgoing auditor resigned without raising any concerns. The appointment is pending shareholder approval but is unlikely to have a material impact on the stock price.