ICRA Limited has informed the Exchange regarding Resignation of Mr Chandran & Raman, Chartered Accountants as Other of the company w.e.f. December 12, 2025.
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ICRA Limited has informed the stock exchange that M/s Chandran & Raman, Chartered Accountants, have resigned from their role (designated as 'Other') at the company, effective December 12, 2025. No reasons for the resignation have been disclosed in this filing. The firm of chartered accountants stepping down before the typical annual rotation could suggest either a routine change or a potential governance concern. Shareholders should watch for further disclosures on whether a replacement auditor has been appointed and the circumstances behind the exit.
Auditor resignations, especially mid-term, can raise governance red flags for investors. The stock may see mild negative sentiment until clarity emerges on the reasons and a replacement is appointed. Watch for follow-up filings from ICRA for more details.