Announced Fri, 13 Mar · 17:58 IST

We wish to inform that M/s Rishab Aggarwal & Associates, Chartered Accountants ( FRN no 028548N) , Statutory Auditors of the Company have tendered their resignation vide their resignation ....

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Encode Packaging India Limited (formerly Nova Publications India Limited) has informed the stock exchange that its statutory auditor, M/s Rishab Aggarwal & Associates (FRN: 028548N), has resigned with effect from 13 March 2026. The auditor was originally appointed on 27 May 2025, meaning it served less than 10 months. The stated reason for stepping down is 'preoccupation in other official work,' with no governance concerns, disputes, or management-related issues flagged. The auditor's last signed report was the limited review for the quarter ended December 2025, submitted on 14 February 2026. The company has not yet announced a replacement auditor in this filing.

Likely market impact

While the cited reason is routine, a statutory auditor exiting after such a short tenure can mildly raise governance questions for retail investors. Shareholders should watch for timely appointment of a new auditor to avoid any disruption to upcoming annual audit or filing timelines.