The Board of the directors of the Company, Appointed M/s Nitin K Shah & Co. Ahmedabad FRN-107140W as Statutory Auditor of the Company to fill the Casual Vacancy Caused by the resignation ....
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The board of directors of Riddhi Corporate Services Ltd, at a meeting held on February 2, 2026, approved the appointment of M/s Nitin K Shah & Co, Ahmedabad (FRN-107140W) as the new Statutory Auditor of the company. This appointment is to fill the casual vacancy arising from the resignation of the previous statutory auditor. The new auditor, founded in 1973, is an established Ahmedabad-based firm specializing in auditing, taxation, and corporate law advisory, and will serve for FY 2025-2026. The board meeting lasted from 5:00 PM to 5:30 PM.
Shareholders should note the mid-term change in statutory auditor, which may warrant a closer look at the reasons behind the previous auditor's resignation and any potential governance concerns. The appointment of a long-established firm for FY 2025-2026 is a routine compliance action, but the circumstances of the previous auditor's exit are worth monitoring.