Cessation of Statutory Auditosr owing to death
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Siddheswari Garments Ltd has informed stock exchanges that its Statutory Auditor, M/s R K Bajaj & Co. (FRN-0314140E), has ceased to hold office following the sudden death of its proprietor, Mr. Ramesh Kumar Bajaj, on 26 October 2025. The intimation letter from the auditor's firm was received by the company on 5 November 2025. The Board of Directors will take note of this cessation at its next meeting and begin the process of appointing a new Statutory Auditor to fill the casual vacancy under the Companies Act, 2013.
This is a procedural disclosure with no direct impact on operations or share price. Shareholders may note that the company's audit function will be temporarily disrupted until a new statutory auditor is appointed, but this is a routine mid-term auditor change.