BSEShree Rajeshwaranand Paper Mills LtdHighNegative
Announced Tue, 1 Sept, 2026 · 18:35 IST
Statutory Auditor Resigns Mid-Term; New Auditor Appointed
Price reaction
Awaiting price reaction for this filing.
AI summary
Statutory Auditor K P J and Co resigned on 1 Sept 2026 citing preoccupation with other professional work, before completing the term for FY 2024-25 and 2025-26. H. L. Saini and Co (Mumbai) appointed as replacement to fill the casual vacancy until the next AGM. Context: the company is emerging from an NCLT resolution plan with pending AGMs for FY 2024-25 and 2025-26, and NCLT has granted a 1-month extension to hold them.
Likely market impact
Auditor change mid-term during an ongoing NCLT resolution process may raise governance concerns. Watch AGM timelines and any qualifications in the new auditor's report.