Intimation under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015-Resignation of Internal Auditors
Awaiting price reaction for this filing.
M/s. NSBP & Co., Chartered Accountants have resigned as Internal Auditors of the company with effect from 28th August 2025, citing personal reasons. They were re-appointed only about three months earlier on 28th May 2025 for FY 2025-26, making this a mid-term exit. The resignation letter from NSBP & Co. refers to reasons already discussed with the board, without further specifics. The company has disclosed the details under SEBI LODR Regulation 30 with the prescribed Annexure-A.
A sudden internal auditor change shortly after re-appointment may raise governance questions and could lead to short-term uncertainty until a replacement is appointed. Investors should watch for any follow-up disclosure on the appointment of a new internal auditor.