M/s B.M. Gattani & Co. has been appointed as Statutory Auditors of the Company w.e.f 07.08.2025 is subject to the approval of the members of the Company in ensuing Annual General Meeting ....
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The board of Sidh Automobiles, at its meeting on August 7, 2025, approved the appointment of M/s B.M. Gattani & Co., Chartered Accountants (FRN: 113536W) as the new statutory auditor. This appointment is to fill a casual vacancy created by the exit of the previous auditor, M/s Sumit Ranka & Associates (FRN: 147837W). The new auditor's appointment will be effective from August 7, 2025, but is subject to shareholder approval at the upcoming Annual General Meeting. B.M. Gattani & Co. is an ICAI-registered firm offering audit, tax, compliance, and advisory services.
This is a routine corporate governance change. Shareholders will need to approve the appointment at the next AGM. No immediate material impact on operations or stock price is expected, though investors may want clarity on why the previous auditor's term ended early.