Resignation of Statutory auditor M/s. N. C. RUPAVALA & CO. as Tax Auditor and Statutory Auditor
Awaiting price reaction for this filing.
Unistar Multimedia Ltd has informed the stock exchanges that M/s. N.C. Rupawala & Co. (FRN: 125757W), the company's Statutory Auditor and Tax Auditor, has resigned with effect from October 31, 2025. The auditor cited pre-occupation with other assignments as the reason for stepping down. The resignation letter from the auditor mentions they could not devote adequate time to the company's affairs. The communication was signed by Director Vaibhav Patel (DIN: 10685369). This is a mid-term departure during FY 2025-26, and the company will need to appoint a replacement auditor in due course.
Auditor resignations mid-year are generally watched closely by investors. The stated reason (pre-occupation) is routine and does not directly suggest a governance dispute, but the company now needs to appoint a new statutory and tax auditor, and any delay could raise minor concerns about audit continuity.