Announced Fri, 13 Mar · 17:56 IST

This is to inform you that M/s Rishab Aggarwal & Associates, Chartered Accountants (FRN 028548N), Statutory Auditors have tendered his resignation w.e.f 13.03.2026.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹12.39
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-0.2+4.7-0.5+4.4+5.6-0.3+3.7-4.8+9.3
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AI summary

Encode Packaging India Limited has informed the BSE that its statutory auditor, M/s Rishab Aggarwal & Associates (FRN 028548N), has resigned effective 13.03.2026. The auditor was appointed on 27.05.2025, meaning the firm served less than 10 months. The reason cited is 'preoccupation in other official work,' and the auditor stated they could not devote adequate time to the company's affairs. The latest report submitted was the limited review for the quarter ended December 2025, signed on 14.02.2026. No concerns were flagged by the auditor and no management-imposed limitations were reported. The company has disclosed the required details under SEBI LODR Regulations, 2015, and the board meeting ran from 5:00 PM to 5:30 PM on 13.03.2026.

Likely market impact

Investors should note that the company now needs to appoint a new statutory auditor. While the reason given is benign (workload), a short-tenure auditor exit may raise minor governance questions and could delay audit-related timelines for the next reporting period.