BSEShricon Industries LtdMediumNeutral
Announced Thu, 28 May · 18:40 IST

Pursuant to Reg. 30 of SEBI LODR please find attached appointment of statutory auditor in case of causal vacancy w.e.f. 28.05.2026

Auditor Resigned MidtermManagement Changes View source PDF

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₹247.00
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-0.2+3.2-6.8-27.4-17.8
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AI summary

Shricon Industries Ltd has accepted the resignation of its Statutory Auditor, M/s R S Dani & Co., with effect from May 28, 2026. The outgoing auditor resigned due to expiry of their Peer Review Certificate, which is required under ICAI guidelines. The firm clarified there are no concerns or disputes behind the resignation. To fill the casual vacancy, the Board appointed M/s Birla and Associates (led by CA Dipesh Birla with 6+ years experience) as the new Statutory Auditor. The new auditor will serve until the conclusion of the 40th Annual General Meeting in 2026, subject to shareholder approval.

Likely market impact

This is a routine compliance-driven auditor change. The replacement was made promptly to maintain audit continuity. Shareholders will need to approve the appointment at the upcoming AGM. The clean resignation with no concerns stated suggests no underlying governance or financial issues.