Statutory auditor resigns midterm citing unpaid fees and business deadlock

M/s. Mahesh C. Solanki and Co. has resigned as Statutory Auditor of Flexituff Ventures International effective 19 June 2026, less than a year into a term scheduled to run until 31 March 2030. The auditor cited prolonged non-payment of audit fees and a severe deadlock in the company’s business operations. The auditor also flagged inability to obtain sufficient audit evidence due to circumstances beyond management’s control, with significant impact on financial statements and similar issues in prior quarters.