The board of directors have taken on record the resignation of Ashit N Shah & Co. Chartered Accountants as the statutory auditor of the company
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The board of Sera Investments & Finance India Ltd, at its meeting on 11 July 2025, accepted the resignation of Ashit N. Shah & Co., Chartered Accountants (FRN: 0100624W) as the company's Statutory Auditor, effective the same day. No reason for the auditor's resignation has been disclosed in the filing. The intimation has been made to BSE under SEBI Listing Regulations. The company has not yet announced a replacement auditor, and the disclosure was signed by Whole-Time Director Sagar Samir Shah.
Auditor resignations without a stated reason can raise governance concerns for retail investors, as they sometimes indicate disagreements over financial reporting or internal controls. Investors should watch for the appointment of a new statutory auditor and any further clarifications from the company.