Announced Wed, 6 May · 15:20 IST

Resignation of secretarial Auditor of the Company.

Auditor Resigned MidtermManagement Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹105.00
prior close
₹104.05
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-0.5-0.4-1.9-2.9-3.8+0.5-1.9-3.1-7.6-7.1
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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 resignation is effective immediately and applies to the Financial Year 2025-26. The auditors cited personal reasons for their departure, stating there are no other material reasons behind the resignation. The company has filed this disclosure under SEBI's Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. The resignation letter was signed by Rishab Chhajer, Chairman & Managing Director of the company.

Likely market impact

While the auditors have confirmed no material reasons for their resignation, a mid-term change in secretarial auditors may raise minor governance concerns for investors, though the company appears to be in compliance with disclosure requirements.