IFB Industries Limited has informed the Exchange regarding Resignation of M/s. Shome & Banerjee, Cost Accountants as Other of the company w.e.f. January 24, 2026.
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IFB Industries has informed the stock exchange that M/s. Shome & Banerjee, Cost Accountants, has resigned from their role with the company, effective January 24, 2026. The firm was listed under the 'Other' category in the company's disclosures, indicating they served as the cost auditors rather than statutory auditors. No reason for the resignation has been provided in the filing. Cost auditors review a company's costing records and compliance with cost accounting standards as required under the Companies Act.
This is a routine corporate disclosure and is unlikely to have any meaningful impact on the stock price or shareholders. Investors should check whether the company appoints a replacement cost auditor in due course, as cost audit is a regulatory requirement for certain companies.