Focus Lighting and Fixtures Limited has informed the Exchange regarding Resignation of M/s. SPN Associates PAC, Statutory Auditor of Focus Lighting And Fixtures PTE Ltd, a material subsidiary of Focus Lighting And Fixtures Limited w.e.f. May 06, 2026.
FOCUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPN Associates PAC, the statutory auditor of Focus Lighting and Fixtures PTE Ltd (a material subsidiary of the company), has resigned effective May 6, 2026. The auditor cited time constraints in completing the FY 2025-26 audit within the timelines required for consolidation of accounts by the Indian holding company under SEBI LODR Regulations. SPN Associates PAC had been serving as auditor since July 28, 2023, with their last audit report submitted on May 29, 2025 for the period ending March 31, 2025. The auditor confirmed there are no other material reasons for the resignation and no concerns were raised prior to resignation.
The company needs to appoint a replacement auditor for its Singapore subsidiary to complete the FY 2025-26 audit and meet SEBI consolidation timelines. While the resignation appears routine with no red flags flagged by the auditor, the mid-term change may cause a short delay in finalising subsidiary accounts.