Please find attached the intimation regarding resignation of Statutory Auditor of the Company.
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V R Woodart Limited has informed the stock exchange that its statutory auditor, M/s Thakur, Vaidyanath Aiyar & Co. (Firm Registration No. 000038N), has resigned with effect from November 12, 2025. The firm was originally appointed by shareholders at the September 19, 2022 AGM for a full 5-year term ending at the 2027 AGM, meaning this is a midterm exit roughly two years into the tenure. The auditor cited 'pre-occupation in other assignments' as the sole reason and confirmed there were no concerns, communication issues, or disagreements with management or the Audit Committee. The auditor had already completed the Limited Review for the quarter and half year ended September 30, 2025, issuing the report on November 11, 2025, and stated they will file the required Form ADT-3 with the Registrar of Companies.
This is a routine, non-adversarial auditor change with no flagged governance concerns, so the immediate impact on shareholders should be limited. However, the company will need to appoint a new statutory auditor before the next audit cycle, and investors should watch for any unusual delays or further auditor resignations, which could raise red flags.