Nova Agritech Limited has informed the Exchange regarding Change in Auditors of the company.
NOVAAGRI · price
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Nova Agritech has informed the stock exchanges about auditor changes approved at its Board meeting held on 5th May 2025. The company has appointed P. S. Rao & Associates, Practicing Company Secretaries, as its new Secretarial Auditors for a five-year term starting FY 2025-26, subject to shareholder approval. Additionally, V P S & Associates (Chartered Accountants) has been re-appointed as Internal Auditors for FY 2025-26, and M P R & Associates (Cost Accountants) has been re-appointed as Cost Auditors for FY 2025-26. All three firms are based in Hyderabad and have multi-decade experience in corporate compliance, auditing, and advisory services. The announcement is a routine regulatory disclosure under SEBI's Listing Regulations.
This is a routine corporate governance update with no material impact on shareholders. The continuity of internal and cost auditors signals stability, while the new secretarial auditor appointment for a 5-year term is a standard regulatory requirement and not a cause for concern.