Resignation of Statutory Auditor
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Ranjit Securities Ltd has informed the stock exchange that its statutory auditor, M/s Jain Doshi and Company (Firm Registration No. 07365C), has resigned with immediate effect from 13th January 2026. The auditor cited 'unavoidable personal reasons' and stated they are unable to devote sufficient time to the company's affairs. The company has confirmed it will initiate the process to fill the casual vacancy in accordance with the Companies Act, 2013, and SEBI LODR Regulations. No reasons related to audit findings or disagreements were mentioned in the filing.
A mid-term auditor resignation is a governance red flag that investors should monitor closely. Shareholders should watch for the timely appointment of a replacement auditor and any subsequent audit observations, as frequent auditor changes can sometimes signal underlying financial or governance issues.