Appointment of M/s Manoj Acharya & Associates, Chattered Accountant (FRN 114984W) as a Statutory Auditor of the Company
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SGL Resources Ltd has appointed M/s Manoj Acharya & Associates, Chartered Accountants (FRN 114984W), as its new Statutory Auditor on April 9, 2025. The appointment is to fill the casual vacancy caused by the resignation of the previous auditor, M/s SPARKS & Co. The new auditor will serve until the conclusion of the next Annual General Meeting, subject to shareholder approval. The new firm, founded in 1995 by CA Manoj Acharya, offers auditing, tax, GST, company law, and financial advisory services. The board approved the change based on the recommendation of the Audit Committee.
This is a routine governance change following the previous auditor's resignation. Shareholders should watch for reasons behind the prior auditor's exit, as frequent auditor changes can sometimes raise governance concerns, though the appointment itself is procedural pending shareholder approval.