Indo Tech Transformers Limited has informed the Exchange regarding Change in Auditors of the company.
INDOTECH · price
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Awaiting price reaction for this filing.
Indo Tech Transformers Limited has appointed M/s. ASA Associates LLP, Chartered Accountants (FRN: 009571N/N500006) as its new Statutory Auditor. The appointment is for a five-year term covering FY 2025-26 to FY 2029-30 and has been approved by shareholders. ASA Associates LLP brings over 33 years of experience and has a team of 1,000+ professionals across major Indian cities, handling audit, tax, advisory and M&A services. The filing was made under SEBI LODR Regulation 30, with the Compliance Officer Karthick D signing off on the intimation.
This is a routine auditor change with a long-term appointment of a well-established firm, generally seen as a neutral to positive governance signal. No immediate impact on stock price is expected from this disclosure.