Announced Wed, 6 May · 15:24 IST

Intimation of resignation of Secretarial Auditors.

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Gujarat Craft Industries Ltd has announced the resignation of its secretarial auditors, M/s. Nishant Pandya & Associates, with effect from 6th May, 2026. The auditors cited personal reasons for their resignation from the Financial Year 2025-26 role. The firm has clarified there are no other material reasons behind their departure and raised no objections to the appointment of new secretarial auditors. The resignation is effective immediately, leaving a gap in the company's audit function for the ongoing financial year.

Likely market impact

Shareholders should note that while the auditors cited personal reasons with no material concerns flagged, a mid-year resignation of secretarial auditors could draw regulatory attention. The company will need to appoint new auditors promptly to maintain compliance with SEBI listing requirements.