To consider the resignation of M/s. NSVR & Associates, LLP, Chartered Accountants (FRN.008801S), Statutory Auditors of the company, subject to the approval of members at the ensuring Annual ....
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Nihar Info Global Ltd's statutory auditor, NSVR & Associates LLP (FRN: 008801S), has resigned with immediate effect from Q2 of FY 2025-26 onwards. The firm was originally appointed for a full 5-year term covering FY 2022-23 to FY 2026-27, meaning they are stepping down mid-term, about 2 years before the scheduled expiry of 31 March 2027. The auditor cited pre-occupation with other assignments as the sole reason for resignation, with no concerns flagged about management, audit evidence limitations, or financial statement issues. The last audit report submitted was the Q1 FY 2025-26 limited review on 13 August 2025, the same day as the resignation letter. The matter will be placed before members for approval at the upcoming Annual General Meeting.
Mid-term auditor changes can sometimes raise governance questions for retail investors, but here the auditor explicitly stated no concerns about management or financial statements, which is reassuring. Shareholders should watch for timely appointment of a new auditor to avoid any compliance or reporting delays.