Nimbus Projects Limited has informed the Exchange regarding Change in Auditors of the company.
NIMBSPROJ · price
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Nimbus Projects Limited has announced the appointment of M/s Doogar & Associates (D&A), Chartered Accountants, as its new Statutory Auditor. The change follows the completion of tenure by the existing auditor, M/s Oswal Sunil & Company, which is a routine transition. The appointment is for a term of five years, starting from the conclusion of the 33rd Annual General Meeting until the conclusion of the 38th AGM. The appointment is subject to shareholder approval at the upcoming 33rd AGM. Doogar & Associates, established in 1976 and headquartered in New Delhi, brings over four decades of audit experience and is empanelled with regulatory bodies including RBI and C&AG.
This is a standard auditor rotation following completion of the previous firm's tenure, with no red flags for shareholders. The transition requires shareholder approval at the AGM, and the new auditor appears well-qualified with experience in listed companies.