Announced Tue, 11 Nov · 13:10 IST

Resignation of Statutory Auditor - M/s J Singh & Associates (FRN: 110266W).

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Mercury Trade Links Limited has informed BSE that its statutory auditor, M/s J Singh & Associates (FRN: 110266W), has resigned effective end of business hours on November 10, 2025. The auditor was originally appointed on September 30, 2024, for a full 5-year term running until the AGM in 2029, so this is a mid-term exit roughly 14 months into the tenure. The cited reason is pre-occupation with other professional work, and the auditor confirmed there are no other material reasons or concerns. Notably, the auditor had issued an unqualified (clean) opinion on the FY25 audited financials and the Q1FY26 limited review, with no disagreements reported.

Likely market impact

Mid-term auditor exits without a stated dispute are usually neutral but still warrant attention — shareholders should watch for prompt appointment of a replacement auditor. Watch for any unusual rise in audit-related risk flags over coming quarters.