Resignation of Statutory Auditor, Secretarial Auditor and Internal Auditor.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.2 pts more than Nifty Microcap 250 and 5.6 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
On August 21, 2025, Shree Krishna Infrastructure announced that all three of its auditors — Statutory Auditor M/s. Bharat Gupta & Co., Secretarial Auditor M/s. Vineeta Patel & Co., and Internal Auditor M/s. Ravjani Jemani & Co. — resigned on the same day. The Statutory Auditor was appointed in August 2022 with a term running until the 2027 AGM, making this a mid-term exit; its latest audit report for FY ending March 31, 2025 was already submitted on May 20, 2025. All three firms cited 'pre-occupied schedule' or preoccupation with other professional commitments as the reason for stepping down. Each resignation letter explicitly stated there are no other circumstances connected with the resignation that should be brought to the attention of the company's members. The company will now need to appoint new auditors for all three roles.
Simultaneous resignation of all three auditors is unusual and may be viewed by shareholders as a governance red flag, even though the auditors have not flagged any concerns. The company must appoint replacements quickly to avoid lapses in audit coverage and to remain compliant with listing and Companies Act requirements.