Auditor resigns midterm, new auditor appointed for casual vacancy
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Pajson Agro India's statutory auditor P.K. Maheshwari & Co resigned effective June 19, 2026, about 10 months into a 5-year term. Cause: signing partner CA Gunjan Audichya is surrendering his Certificate of Practice; other partners cannot take on the engagement. The auditor confirmed no disputes or concerns with management. Board approved appointing S.S. Kothari Mehta & Co. LLP to fill the casual vacancy, subject to shareholder approval at EGM on July 16, 2026. Also appointed internal auditor AVKG & Associates and secretarial auditor S.J. Kumar & Associates for FY2026-28.
New auditor SSKM is a well-established firm. Resignation is driven by partner COP surrender, not management disputes. No concerns raised. Routine governance change but adds transition risk.