Resignation of Statutory Auditor of the Company.
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Kalind Limited informed the stock exchange that its statutory auditor, M/s JMMK & Co (FRN 120459W), has resigned effective February 14, 2026. The auditor cited geographical distance between the firm's office in Mumbai and the company's registered office in Surat, Gujarat, which made physical verification and audit coordination difficult. The auditor confirmed that no concerns or disagreements with management were raised, and had completed audit responsibilities up to December 31, 2025. The company's Audit Committee and Board will appoint a new statutory auditor to fill the casual vacancy in upcoming meetings.
The resignation appears to be for logistical rather than governance reasons, with no flagged concerns from the auditor. However, investors should watch for timely appointment of a new auditor, as any delay in completing statutory audits could affect financial reporting timelines.