Resignation of Secretarial Auditor
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Awaiting price reaction for this filing.
M/s. Vishal Thawani & Associates (Membership No. A43938) has stepped down as the Secretarial Auditor of Shree Ganesh Remedies Ltd, effective May 17, 2025. The firm cited the reconstitution of its own practice as the reason for stepping down, rather than any disagreement or governance concern. In the resignation letter, the auditor thanked the Board and management for their cooperation and conveyed best wishes for the company's future growth, indicating a cordial exit. No successor has been named in this filing, so the company will need to appoint a new Secretarial Auditor in due course.
This is a routine, non-contentious exit by the secretarial auditor (not the statutory/financial auditor) due to internal changes at the audit firm. There is no indication of any governance red flag, and shareholders are unlikely to see a material impact on the stock price.