Appointment of S K Dwivedi & Associates as the Secretarial Auditors of the Company for FY 2024-25
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S.V.J. Enterprises announced multiple decisions from its May 29, 2025 board meeting. Statutory Auditor M/s PSV Jain & Associates resigned with immediate effect citing pre-occupation in other assignments, with no concerns or issues raised. M/s Bhasin Hota & Co was appointed as the new Statutory Auditor to fill the casual vacancy for FY 2024-25, pending shareholder approval. The new auditor issued an unmodified (clean) opinion on the company's audited standalone financial results for the year ended March 31, 2025. S K Dwivedi & Associates was appointed as Secretarial Auditor for FY 2024-25. The company is regular with statutory dues and has no pending tax disputes.
Mid-term auditor change may raise minor governance questions, but the resigning auditor cited no concerns and the new auditor issued a clean opinion, suggesting smooth continuity. Investors should focus on the audited FY25 financials now released for the company's actual performance.