appointment of statutory auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajasthan Tube Manufacturing Company has accepted the resignation of its statutory auditor, M/s Giriraj & Lohiya, Chartered Accountants (FRN: 006031C), who stepped down via a letter dated 20 June 2025 citing inability to continue. The Board, at its meeting on 21 June 2025, approved the appointment of M/s UCC & Associates LLP (FRN: 010585N), led by CA Pulkit Jain (based in Jaipur), to fill the resulting casual vacancy. The new appointment is subject to shareholder approval at the upcoming AGM scheduled for 19 July 2025. Managing Director Harish Chand Jain signed the disclosure.
An abrupt mid-term change of statutory auditors can be a red flag for investors and may draw governance scrutiny. The reason for the previous auditor's exit is stated in generic terms ('inability to continue'), so shareholders should monitor for any follow-up disclosures before the AGM vote.