ADDITIONAL DETAILS AS REQUIRED UNDER SEBI CIRCULAR DATED 18,2019 DETAILS OF STATUTORY AUDITORS
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Quantum Digital Vision India Ltd has informed the BSE about the resignation of its statutory auditor, M/s. Shah Khandelwal Jain & Associates (FRN: 142740W), effective November 11, 2025. The auditor cited pre-occupation and other commitments as the reason for stepping down. The firm was originally appointed at the AGM held on December 23, 2022, with a term scheduled to run until the AGM for FY 2026-27, meaning this is a mid-term exit roughly two years before the planned end. The auditor had last signed off on the FY25 annual audit (May 29, 2025) and the Q2 FY26 limited review (November 11, 2025). The filing confirms no disagreements, no management-imposed limitations, and no concerns about information access.
Mid-term auditor resignations often raise governance red flags for retail investors, but here the reason cited (pre-occupation) and the clean disclosure suggest no immediate financial or reporting concerns. Shareholders should watch for timely appointment of a new auditor, as gaps in audit oversight can affect timely financial reporting and may cause short-term uncertainty around the stock.