Pursuant to Regulation 30(6) of SEBI (LODR) Regulations, 2015 the Board of Directors at their meeting held on 31.10.2025 considered and approved the Resignation of M/S Sachin Phadke & Associates ....
Awaiting price reaction for this filing.
The Board of Directors of Has Lifestyle Ltd, at its meeting on 31 October 2025, accepted the resignation of M/S Sachin Phadke & Associates, Chartered Accountants (FRN: 133898W), as the Statutory Auditors of the company, effective the same day. The formal reason cited is the expiry of the firm's Peer Review Certificate, which is mandatory under SEBI and ICAI guidelines for auditing listed companies. The auditor's resignation letter refers vaguely to 'un-avoidable circumstances' for not being able to continue. The company has not yet announced a replacement auditor in this filing. The scrip code on BSE is 780014.
Short-term: a temporary gap in statutory audit oversight until a new auditor is appointed, which the company must disclose promptly under SEBI LODR norms. Investors should watch for the appointment of a new auditor; the resignation itself is a routine regulatory event but may warrant mild scrutiny given the vague language in the auditor's letter.