Resignation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Shree Krishna Infrastructure Ltd informed BSE on August 21, 2025 about the simultaneous resignation of all three of its auditors. M/s. Bharat Gupta & Co. stepped down as Statutory Auditor, M/s. Vineeta Patel & Co. as Secretarial Auditor, and M/s. Ravjani Jemani & Co. as Internal Auditor, all effective the same day. The Statutory Auditor had been appointed on August 25, 2022 with a term running until the 2027 AGM, making this a midterm exit nearly two years ahead of schedule. All three firms cited 'pre-occupied schedule' or 'preoccupation with other professional commitments' as the reason and explicitly stated there are no other circumstances shareholders should be concerned about.
The company must quickly appoint new statutory, secretarial, and internal auditors to remain compliant and continue timely financial reporting. While the resigning auditors have flagged no adverse issues, the unusual simultaneous departure of all three auditors may draw scrutiny from retail investors and could be viewed as a governance red flag until replacements are announced.