Statutory auditor resigns; replacement appointed with shareholder approval pending
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A V H P & Company LLP resigned as statutory auditor effective 4 November 2026, before its five-year term ended. The firm cited the engagement partner's 10-year association with the company and the need to preserve auditor independence after its BSE SME listing. It issued the half-year limited review for 30 September 2026 before leaving. The board appointed Rao & Shyam from 5 November, subject to shareholder approval. No concerns were raised.
Rao & Shyam is already in place, reducing audit disruption, but shareholders still need to approve the appointment. No concerns were reported.