Statutory Auditor B.A. Desai and Associates Resigns Mid-Term
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M/s B.A. Desai and Associates, Chartered Accountants, resigned as Statutory Auditor of Gautam Exim Limited effective August 6, 2026. The auditor was appointed on September 27, 2024 with a term scheduled to expire at the AGM for FY 2029, making this a mid-term exit. Reason cited was personal unavoidable reasons and pre-occupation with other professional commitments. The auditor confirmed no disagreement with management, no material concerns, and no unresolved issues. The company will fill the casual vacancy under applicable provisions.
Company must appoint a new auditor to fill the casual vacancy. No governance red flags as auditor cited no disagreement with management.