Appointment of Statutory Auditor to fill the Casual Vacany
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shreenath Investment Company has appointed M/s. Mahesh Patira & Associates (FRN: 136900W) as its new Statutory Auditor, effective 2nd December 2025, for the financial year 2025-26. This appointment is to fill a casual vacancy caused by the resignation of the previous auditor, M/s Kamdar Dalal & Associates, Chartered Accountants. The new auditor is a Chartered Accountants firm with over 30 years of experience in accounting, auditing, taxation, and advisory services. The appointment is subject to approval from shareholders at the next general meeting.
This is a routine compliance disclosure, but the underlying reason — the previous statutory auditor stepping down mid-term — may raise minor governance questions for investors. Shareholders will need to approve the new auditor at an upcoming general meeting before the appointment is finalized.