Announced Thu, 30 Jul · 17:17 IST
Statutory Auditor Resigns Citing Non-Cooperation from Management
Price
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Price reaction · full curve
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AI summary
M/s Nenawati and Associates, Chartered Accountants, has resigned as statutory auditor of Shiva Granito Export Limited on 28 July 2026, after being appointed at the 10th AGM in September 2025. The auditor cited non-cooperation from management in conducting the FY2025-26 audit. The last report submitted was a limited review for half-year ending September 2025. No alternative procedures were reportedly attempted.
Likely market impact
Red flag: auditor exit due to management non-cooperation raises governance and audit risks for FY2025-26 financial statements.