Announced Sat, 12 Jul · 15:42 IST

With reference to Announcement of Resignation of Statutory Auditor given on 11th July, 2025, updated announcement of with resignation letter is hereby submitted

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sera Investments & Finance India Ltd, at their meeting held on 11th July 2025, took on record the resignation of M/s Ashit N. Shah & Co., Chartered Accountants (FRN: 0100624W) as the Statutory Auditor of the company, effective from 11th July 2025. The company has submitted the required disclosure under SEBI LODR Regulation 30 along with the resignation letter from the auditor. The communication was signed by Sagar Samir Shah, Whole-Time Director. No reason for the resignation or details about a replacement auditor have been disclosed in this filing.

Likely market impact

An unexpected mid-term resignation of a statutory auditor can raise governance concerns among shareholders and may require the company to appoint a new auditor promptly. Investors should watch for a follow-up announcement regarding the appointment of a new statutory auditor.