BSEShree Securities Ltd.HighNegative
Announced Tue, 11 Aug · 17:53 IST

Statutory Auditor R. K. Kankaria and Co resigns mid-term

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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AI summary

Shree Securities Limited's Statutory Auditor, M/s. R. K. Kankaria and Co. (FRN 321093E), has resigned with effect from 10 August 2026 after giving advance intimation on 20 June 2026. Reason cited: preoccupation with work elsewhere. The firm was appointed on 30/09/2023 with term scheduled to end 30/09/2028, making this a mid-term exit. The auditor completed the limited review for Q1 FY27 (quarter ended 30/06/2026) before stepping down. No concerns or governance issues were flagged.

Likely market impact

Company must appoint a new statutory auditor soon. Reason is benign and no red flags were raised by the outgoing auditor.