Announcement under Regulation 30 (LODR) - Resignation of Statutory Auditors
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LE Lavoir Limited has informed BSE that M/s. K M Chauhan and Associates, Chartered Accountants (Rajkot) resigned as the company's Statutory Auditor with effect from 29th July 2025. The auditor cited pre-occupation in other work and assignments as the reason for stepping down. The auditor had been appointed on 31st January 2024 with a term scheduled to expire on 31st March 2028, meaning this is a midterm exit roughly halfway through their tenure. The last work completed by the auditor was the limited review of unaudited financial results for Q1 FY26 (quarter ended 30th June 2025). The auditor confirmed there are no concerns regarding the company's management or operations, and the audit committee reviewed and noted the resignation.
Investors should note the auditor change, but since the resignation is due to the auditor's workload and no governance or financial-reporting concerns were flagged, the immediate risk to shareholders is low. The company will need to appoint a new statutory auditor soon to ensure continuity of audit and review work.