Announced Mon, 26 Oct, 2026 · 15:52 IST
Statutory auditor resigns before five-year term ends
SAROJA · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Pravin Chandak and Associates resigned as statutory auditor effective October 26, 2026, citing commitments to other professional assignments. The firm was appointed for five years from FY2023-24 through FY2027-28 and left before completing its term. It had completed the audit for the year ended March 31, 2026. The company reported no concerns and no other material reason; the Board and Audit Committee will appoint a replacement.
Likely market impact
No concerns or material issues were reported. A replacement auditor must be appointed, and any delay could create uncertainty.