Intimation regarding delay in submission of financial results due to demise of Statutory Auditor
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Siddheswari Garments Ltd has informed the stock exchanges that the submission of its unaudited financial results for the quarter and half year ended 30th September 2025 will be delayed. The delay is caused by the sudden demise of the company's Statutory Auditor, Mr. Ramesh Kumar Bajaj (Proprietor of M/s R.K. Bajaj & Co, FRN: 314140B), on 26th October 2025, which prevented the limited review from being completed on time. The company has begun the process of appointing a new Statutory Auditor to fill the resulting casual vacancy, in line with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. It has committed to completing the appointment at the earliest and submitting the results immediately after the limited review is done.
Investors should expect a delay in the company's Q2/H1 FY26 earnings disclosure but the reason is operational (auditor death) rather than financial distress. The company's small size and Kolkata-based, low-profile listing suggest limited immediate market reaction, though any prolonged delay in auditor appointment could raise minor governance concerns.