KAVVERI DEFENCE & WIRELESS TECHNOLOGIES LIMITED has informed the Exchange about Resignation of Statutory Auditor
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Kavveri Defence & Wireless Technologies Limited has informed the stock exchanges that its statutory auditor, M/s. J K Chopra and Associates, Chartered Accountants, has resigned effective August 29, 2025. The auditor was originally appointed in September 2022 for a five-year term that was scheduled to run until the 2027 Annual General Meeting, making this a mid-term exit roughly two years early. The reason cited is personal professional commitments and being too occupied with other engagements to dedicate sufficient time to the audit. Importantly, the auditor had already completed the FY2024-25 statutory audit (report issued May 31, 2025) and the Q1 FY2025-26 limited review (submitted August 14, 2025). The auditor confirmed there are no other material reasons and no governance concerns were flagged.
This is a routine mid-term auditor change driven by the auditor's own bandwidth constraints rather than any dispute with the company. Since the FY25 audit and Q1FY26 limited review are already completed, there is no immediate risk to reported financials. Shareholders should watch for the appointment of a new statutory auditor in due course; frequent auditor changes can sometimes raise governance questions, but here the explanation is benign.