The Board of Directors of the Company at their meeting held on 4th August 2025 approved the appointment of M/s. G. S Chung & Associates (Firm No 008884C) as Statutory Auditor of the company ....
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Real Touch Finance Limited held a board meeting on August 4, 2025 and approved several items. The company recorded the resignation of its statutory auditor M/s P.D. Randar & Co. effective July 30, 2025, and appointed M/s G.S. Chugh & Associates as the new statutory auditor for a 3-year term (FY26-FY28) to fill the casual vacancy, subject to shareholder approval. The board also approved Q1 FY26 financial results, the appointment of M/s S Satheesh Kumar & Associates as secretarial auditor for 5 years (FY26-FY30), and scheduled the 40th AGM for September 25, 2025 via video conferencing. Additionally, Mrs. Padmini Ceruseri Srikanth, a non-executive non-independent director, was recommended for reappointment at the upcoming AGM. The new statutory auditor G.S. Chugh & Associates is an established firm founded in 1998 with 13 branches across India.
Mid-term change of statutory auditors can be a concern for investors as it may signal governance or accounting disagreements, though the company has quickly appointed a replacement. Shareholders should watch for reasons behind the auditor change and monitor the upcoming AGM for any further disclosures.