Resignation of Statutory Auditor of the company
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Rajasthan Gases Limited's statutory auditor, M/s. Rahul S Gupta & Associates (FRN 131447W), resigned on 14th August 2025, nearly a year into a five-year term (appointed 26 Sep 2024, term till 30 Sep 2029). The resignation was due to the auditor's inability to obtain a mandatory peer review certificate in time because of a health issue. No concerns were raised by the auditor about the company, and the Board and Audit Committee accepted the resignation and will appoint a new auditor to fill the casual vacancy. The auditor's last report submitted was for the period ending 30 June 2025.
This is a routine, health-related auditor change with no governance red flags. Shareholders should expect a new statutory auditor to be appointed soon; no material impact on financials or stock price is anticipated.