Manpasand Beverages Limited has informed the Exchange regarding Resignation of Ms BAGARIA & CO LLP as Other of the company w.e.f. April 19, 2025.
Awaiting price reaction for this filing.
Manpasand Beverages Limited has informed the stock exchange that M/s Bagaria & Co LLP has resigned from their position classified under 'Other' (likely secretarial/internal auditor or other professional role) with effect from April 19, 2025. The exact reason for the resignation has not been disclosed in this filing. The change was communicated to the exchange as a regulatory disclosure under listing obligations. Manpasand Beverages, known for its fruit-based drinks like Mango Sip, has had a history of governance and financial reporting concerns in recent years.
Auditor or professional firm resignations can be a red flag for retail investors, especially for companies with past governance issues. Shareholders should watch for any further disclosures on the reason for the resignation and whether a replacement has been appointed, as this could indicate underlying financial or compliance concerns.