Announced Fri, 11 Jul · 17:13 IST

The board of directors have appointed SDPM &Co. Chartered Accountants as the statutory auditors of the company

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Sera Investments & Finance India Ltd has appointed M/s SDPM & Co., Chartered Accountants as its new Statutory Auditor with effect from July 11, 2025. The appointment was made by the Board of Directors at their meeting on the same date, under Section 139(8) of the Companies Act, 2013. SDPM & Co. is a partnership firm with over 19 years of experience in corporate auditing, internal audits, and advisory services. The new auditor has no shareholding in the company and no relationship with any director or KMP.

Likely market impact

Shareholders should note that the appointment under Section 139(8) indicates this is filling a casual vacancy, likely after the previous auditor stepped down mid-term. While a new auditor brings a fresh pair of eyes, the reason behind the change should be monitored for any underlying governance or financial concerns.