Kavveri Defence & Wireless Technologies Limited has informed the Exchange regarding Change in Auditors of the company.
KAVDEFENCE · price
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Kavveri Defence & Wireless Technologies has informed the exchanges that its statutory auditor, M/s. J K Chopra and Associates, Chartered Accountants, resigned effective August 29, 2025. The auditor was originally appointed on September 30, 2022 for a full 5-year term ending at the 2027 AGM, so this is a mid-term exit roughly two years early. The reason given is purely personal/professional — the auditor cited heavy preoccupation with other engagements and inability to devote adequate time, with no concerns raised about the company's management, books, or financial statements. The auditor had already completed the FY25 statutory audit (report dated May 31, 2025) and the Q1 FY26 limited review (report dated August 14, 2025) before stepping down. The company will now need to appoint a new statutory auditor and will file the required Form ADT-3 with the Registrar of Companies.
This is a routine mid-term auditor change with no governance red flags or qualifications flagged. Shareholders should monitor for timely appointment of a replacement auditor; near-term stock impact is likely neutral, but any delay in filling the position could attract regulatory scrutiny.