Statutory Auditor resigns mid-term, new auditor appointed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Statutory auditor M/s Gautam N Associates resigned effective 15 June 2026, less than a year after being reappointed in October 2025 for a five-year term. The company cited administrative and operational restructuring of audit assignments. No concerns or management-imposed limitations were flagged by the outgoing auditor. M/s Bhagat and Associates, based in Ahmedabad, has been appointed as the new statutory auditor, subject to shareholder approval, until the next general meeting.
Mid-term auditor change may raise governance questions, but no concerns were flagged. Watch for shareholder approval and any future audit qualifications.