Statutory Auditor Raman Chawla and Associates resigns mid-term
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Logiciel Solutions has disclosed the resignation of its statutory auditor M/s Raman Chawla and Associates, Chartered Accountants (FRN 035543N), effective 29 June 2026. The auditor was appointed on 18 September 2025 for a five-year term ending at the 2030 AGM, making this a mid-term exit. Reason cited: increasing professional commitments and personal obligations preventing adequate time and attention. The auditor confirms FY2026 audit was already completed and report submitted on 30 May 2026. No concerns about management were raised, and no material reasons were stated. The Audit Committee and Board will appoint new auditors to fill the casual vacancy.
Routine mid-term auditor change with no governance red flags, but warrants attention on timely appointment of new auditors to avoid any audit gaps.