Announced Fri, 6 Nov, 2026 · 17:19 IST
Statutory auditor resigns shortly after appointment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
O.P. Rathi & Co. resigned as Shayona Engineering's statutory auditor effective November 5, 2026, citing workload and other assignments. The firm was appointed on September 25, 2026, with its term due to end at the 2031 AGM. It reported no information, cooperation, fraud or other material concerns. The company is arranging a replacement.
Likely market impact
The early resignation creates an audit vacancy and may cause short-term uncertainty, although the auditor reported no material concerns and the company is seeking a replacement.