Resignation of Statutory Auditor
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Ranjit Securities Ltd has informed BSE that its statutory auditor, M/s Jain Doshi & Co., Chartered Accountants (FRN: 075938), has resigned effective January 13, 2026. The auditor was originally appointed on April 1, 2022, with a term scheduled to run until September 30, 2027, meaning the resignation comes well before the end of their tenure. The auditor cited 'some personal unavoidable reasons' and confirmed there are no concerns about information access, management-imposed limitations, or any material issues with the company's financial statements. The last audit report submitted was for the period ending March 31, 2025. The company has stated it will fill the casual vacancy in line with the Companies Act, 2013 and SEBI LODR rules and will update the stock exchange accordingly.
This is a mid-term auditor exit, which is notable but not alarming since the auditor flagged no governance, disclosure, or financial-statement concerns. Shareholders should watch for the appointment of a replacement auditor in the coming weeks; until then, there may be a brief governance gap but no immediate impact on earnings or stock price is expected.