Intimation regarding resignation of Internal Auditor Report
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Fratelli Vineyards Limited informed stock exchanges that M/s SVC & Co., Chartered Accountants, has resigned as the company's Internal Auditor effective August 11, 2025. The resignation letter from SCV & Co. LLP was addressed to Director GV Sekhri and did not specify any reason beyond the resignation itself. In the regulatory disclosure (Annexure A), the auditor confirmed that there are no other material reasons for the resignation. No replacement internal auditor has been announced yet. The intimation was filed under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30) and signed by Company Secretary Mohit Kumar.
Internal auditor changes are a routine governance event, and the departing auditor's confirmation of no material concerns is reassuring for shareholders. However, the lack of any stated reason and no immediate replacement announced means investors should watch for the appointment of a new internal auditor in coming weeks to ensure continuity of audit oversight.