Resignation of M/s Agrawal & Agrawal Associates as Statutory Auditors of the Company.

Auditor Resigned MidtermManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%+2.7% vs market

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On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 2.7 pts more than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mardia Samyoung Capillary Tubes Company Ltd has informed BSE that its statutory auditor, M/s Agrawal & Agrawal Associates (FRN: 116653W), has resigned effective from the end of business hours on November 3, 2025. The auditor cited 'preoccupation' as the reason for stepping down. The board has taken note of the resignation and recorded appreciation for the auditor's services during their tenure.

Likely market impact

Mid-term auditor resignation may raise governance concerns for shareholders. The company will need to appoint a new statutory auditor within the timeline prescribed under SEBI and Companies Act rules; investors should watch for the appointment announcement and any potential disruptions to the audit process.