BSEGanon Products LtdHighNegative
Announced Mon, 16 Jun · 16:58 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulation 2015, read with SEBI Master Circular issued by SEBI in this regard, We hereby inform you that M/s. L K J and Associates LLP (Formerly ....

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Ganon Products Limited has informed the BSE that its statutory auditor, M/s L K J And Associates LLP (formerly R V Luharuka & Co LLP), has resigned with effect from 16th June 2025. The auditor cited pre-occupation with other assignments and inability to devote adequate time to the company's affairs as the reason, confirming there are no other material reasons for stepping down. The auditor had completed the FY25 audit (results submitted on 30th May 2025) and will also complete the limited review for Q1 FY26 (quarter ended 30th June 2025) before exiting. The company stated it is in the process of appointing a new statutory auditor to ensure regulatory compliance. The filing was signed by Ravindra Haribhau Gopale, Whole-time Director and CFO.

Likely market impact

A mid-term auditor change requires the company to appoint a replacement quickly; while routine reasons were cited, investors should watch for the new auditor appointment announcement and any governance concerns that may emerge. Shareholders should note the company currently has no statutory auditor and depends on the incoming one for future audits.