Announced Thu, 9 Apr · 15:17 IST

Intimation regarding Resignation of M/s. Garg Bros & Associates, Chartered Accountant, pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ....

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+8.4%1-day move
₹9.73
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₹9.62
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AI summary

Himalaya Food International Ltd has announced that its Board of Directors, in a meeting held on April 7th, 2026, accepted the resignation of M/s. Garg Bros & Associates (FRN: 01005N) as the Statutory Auditor of the Company. This is a mid-term resignation disclosed under SEBI Listing Regulations, specifically Regulation 30 read with Schedule III - Part A. The company has not disclosed the reason for the auditor's resignation. A new statutory auditor will need to be appointed to fill the vacancy.

Likely market impact

The mid-term resignation of a statutory auditor could raise governance concerns among investors, as it may indicate potential issues with financial reporting or audit disagreements. Shareholders should watch for the appointment of a replacement auditor and any subsequent disclosures explaining the change.