BSEPro Clb Global LtdMediumNeutral
Announced Thu, 12 Jun · 17:57 IST

In pursuance to Regulation 30 of SEBI (LODR) 2015, read with SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019, this is to inform you that the Statutory Auditor of the Company ....

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Pro Clb Global Ltd informed BSE that its Statutory Auditor, M/s. Ahuja Arun & Co., Chartered Accountants (FRN: 012985N), has resigned with effect from 11th June 2025. The auditor was originally appointed on 26 September 2023 with a term running until the conclusion of the AGM in 2028, meaning this is a mid-term exit. The cited reason is 'misalignment on commercial terms in relation to the audit fees for scope of work.' The auditor had submitted its latest audit/limited review report on 30 May 2025 and confirmed there are no other material reasons, no management-imposed limitations, and no pending concerns. The company will need to appoint a new statutory auditor for the remaining tenure.

Likely market impact

This is a routine auditor change driven by commercial/fee disagreement rather than any governance or accounting red flag, but the company must now appoint a replacement auditor within the prescribed SEBI timelines. Shareholders should monitor whether a new auditor is appointed promptly, as prolonged vacancies can affect audit timelines and disclosure schedules.