EMS LIMITED has informed the Exchange about Resignation of Statutory Auditor
EMSLIMITED · price
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EMS Limited's statutory auditor, Rishi Kapoor & Company (FRN: 006615C), has resigned from the position effective August 12, 2025. The auditor cited pre-occupation with other assignments as the reason and confirmed there are no other material concerns behind the exit. The firm was originally appointed on November 30, 2021, and its term was scheduled to run until the conclusion of the AGM in FY 2026-27, making this a mid-term resignation. The auditor had last submitted the limited review report for Q1 FY26 (quarter ended June 30, 2025) on the same day as the resignation. All concern-related fields in the disclosure (management limitations, alternative procedures, prior issues) have been marked 'Not Applicable'.
This appears to be a routine auditor change with no red flags — the auditor explicitly stated no governance or financial reporting concerns prompted the exit. The company will need to appoint a new statutory auditor in due course, but near-term impact on shareholders is expected to be minimal.