Resignation of secretarial auditor of the company
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KIFS Financial Services Ltd has informed the stock exchange that M/s. Anamika Jajoo & Co., Practicing Company Secretaries based in Ahmedabad, has resigned as the secretarial auditor of the company with effect from May 19, 2025. The resignation was submitted via a letter dated May 19, 2025, citing personal and other reasons, with the auditor stating there are no other material reasons for stepping down. The company has disclosed this under SEBI Listing Regulations and provided details in Annexure A. No replacement auditor has been announced in this filing. The communication was signed by Rajesh Parmanand Khandwala, Chairman and Managing Director.
This is a routine corporate disclosure regarding the exit of a secretarial auditor (who reviews compliance, not financials). The vague reason ('personal and other reasons') may warrant mild scrutiny from investors, but since this is not a statutory/financial auditor, the impact on governance and stock price is generally limited unless a pattern of auditor exits emerges.