BSEKiduja India LtdMediumNeutral
Announced Fri, 23 May · 16:24 IST

Intimation under Regulation 30 of the SEBI (LODR) Regulations 2015, - Appointment of Statutory Auditor

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Kiduja India's board, at a meeting held on May 23, 2025 (4:00 PM to 4:15 PM), appointed M/S. D.C. Bothra & Co. LLP, Chartered Accountants (FRN: 0112257W), as the new Statutory Auditor of the company. This appointment is to fill the casual vacancy caused by the resignation of the previous auditor, M/S. Lodha & Co. LLP. The appointment is effective May 23, 2025, but is subject to shareholder approval at the next general meeting. The new auditor will serve until the ensuing general meeting. D.C. Bothra & Co. LLP is a Mumbai-based firm originally constituted in 1972.

Likely market impact

A mid-term change of statutory auditor (replacing Lodha & Co. LLP with D.C. Bothra & Co. LLP) warrants investor attention, as casual-vacancy appointments can sometimes hint at governance or audit-related issues, though they may also be routine. Shareholders should seek clarity on the reasons behind the previous auditor's resignation at the upcoming general meeting.