Announced Tue, 1 Sept, 2026 · 19:17 IST

Statutory Auditor Resigns Mid-Term, New Auditor Appointed

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

Price

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AI summary

RKD Agri and Retail's board accepted the resignation of statutory auditor MNT and Associates LLP effective 01-09-2026, before their term was due to end on 31-03-2027. The auditor cited professional commitments and preoccupation, and stated no concerns about management or financial reporting. VPH and Associates LLP has been appointed as the new statutory auditor, subject to shareholder approval at the 40th AGM on 29-09-2026. The board also approved the revised AGM notice.

Likely market impact

Mid-term auditor change with no concerns raised; typically neutral but warrants attention to any future audit delays or fee disputes.