considered and approved the appointment of M/s. Vora & Associates, Chartered Accountants (Firm Registration No. 111612W), Statutory Auditors of the Company
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Organic Recycling Systems Ltd has appointed M/s. Vora & Associates, Chartered Accountants (Firm Registration No. 111612W) as its new Statutory Auditor with effect from June 12, 2025. The appointment is to fill the casual vacancy created by the resignation of the previous auditor, M/s. Jayesh Sanghrajka & Co. LLP. The new auditor will hold office only until the conclusion of the next Annual General Meeting, after which shareholders will likely need to ratify a full-term appointment. Vora & Associates is an ICAI peer-reviewed firm with around 45 years of experience in audit, taxation, and advisory services.
This is a mid-term auditor change, which investors should watch closely. While the new firm appears well-qualified, sudden auditor resignations can sometimes signal accounting disagreements or governance issues at the company. The short-term nature of the appointment means shareholders will get a chance to vote on a permanent auditor at the upcoming AGM.