Announced Tue, 16 Jun · 15:41 IST

Statutory Auditors MGS Reddy & Co Resign Mid-Term

Auditor Resigned MidtermManagement Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹16.70
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-3.7+1.7-1.6-4.8-5.7-23.8-26.3
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AI summary

Statutory auditors M/s MGS Reddy & Co, Chartered Accountants (FRN: 020794S), have resigned from Kisaan Parivar Industries Ltd effective 15 June 2026. The firm cited pre-occupation with other professional assignments and inability to devote adequate time and resources to the company's audit. The resignation was submitted to the board and filed with BSE under Regulation 30 of SEBI LODR. The auditors stated they will file Form ADT-3 with the Registrar of Companies within the prescribed time.

Likely market impact

Company must appoint a new statutory auditor soon; mid-term auditor exits can briefly delay filings and may raise minor governance questions.