Elgi Rubber Company Limited has informed the Exchange regarding Change in Auditors of the company.
ELGIRUBCO · price
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Elgi Rubber Company has informed the exchange that its statutory auditor M/s. Arun & Co., Chartered Accountants has changed its legal constitution from a sole proprietorship firm into a partnership firm, effective 1st June 2025. The same firm, now with two partners (CA A Arun and newly admitted CA A Adityan), has been recommended to fill the resulting casual vacancy until the 19th AGM on 11th August 2025. The Board has further recommended the same firm for reappointment as statutory auditor for a full five-year term, from the conclusion of the 19th AGM until the 24th AGM in 2030, subject to shareholder approval. The firm's ICAI registration number (014464S) and peer review certificate remain unchanged, and the firm brings over 12 years of audit experience.
This is a routine, non-substantive change — the same audit firm and essentially the same team continue, only restructured as a partnership. No material impact on shareholders or the stock is expected, though shareholders will need to approve the appointment at the upcoming AGM on 11th August 2025.