Resignation of Statutory Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ranjit Securities Ltd has informed the stock exchange that M/s NM Rathi & Associates, Chartered Accountants (FRN: 013578C), has resigned as the company's Statutory Auditor with effect from 30th March 2026. The auditor cited personal unavoidable reasons and stated there are no other material reasons for the resignation. Notably, the auditor was appointed only on 17th January 2026 — just about 2.5 months before stepping down — and had not submitted any audit report during this short tenure. No concerns were raised about management-imposed limitations or any impact on the financial statements. The company has stated it will fill the casual vacancy in line with the Companies Act, 2013 and will update the exchange in due course.
This is a midterm auditor exit after a very brief tenure, which may raise minor governance concerns among retail investors, though no audit quality issues have been flagged. The company will need to appoint a new auditor quickly to avoid delays in statutory filings and audits.