Auditor resigns mid-term citing low fees; new auditor appointed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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G.R. Gupta and Company resigned as statutory auditor of Sparkle Gold Rock on 11 August 2026, partway through a five year term. Reason given: not commercially viable to continue at the previous fee. The auditor had issued the limited review report for Q1 FY27 on the same day before resigning. No audit concerns or information gaps were flagged. Dhadda and Associates, a peer reviewed firm set up in 2012, has been appointed to fill the casual vacancy, subject to shareholder approval at the next general meeting.
Mid-term auditor exit over fees with no audit concerns flagged. Watch shareholder approval for new auditor and any fee related governance questions.