Appointment of Statutory Auditor BAKLIWAL & CO. through causal vacancy due to resignation of M/s UCC & Associates LLP
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Rajasthan Tube Manufacturing Company has appointed M/s. Bakliwal & Co. (FRN: 130381W), a Jaipur-based chartered accountancy firm, as its new statutory auditor with effect from 13 February 2026. This appointment is to fill a casual vacancy caused by the resignation of the previous auditor, M/s. UCC & Associates LLP. The new auditor will hold office only until shareholders formally approve the appointment at the Extra-Ordinary General Meeting (EOGM) scheduled for 14 March 2026. The appointment was made on the recommendation of the Audit Committee.
This is primarily an administrative change. However, investors may want to check whether the previous auditor's resignation was routine or linked to any accounting concerns — abrupt auditor changes can sometimes be a governance red flag. Short-term stock impact is likely minimal.