Statutory auditor Patwa and Shah resigns mid-term citing pre-occupation
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Focus Lighting and Fixtures informed the exchange that statutory auditor M/s. Patwa and Shah (FRN 131057W) has resigned effective August 11, 2026. The auditor cited pre-occupation and increased professional commitments as the reason. They were appointed on August 5, 2025 for a five year term ending at the 25th AGM for FY 2029-2030. The limited review for Q1 FY26 ended June 30, 2026 has already been completed. The auditor confirmed no other material reasons for resignation and raised no concerns.
Mid-term auditor change may raise governance questions; company must appoint a new auditor promptly to avoid any compliance or audit gaps.