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