BSESVA India LtdHighNegative
Announced Mon, 17 Nov · 18:25 IST

Additional Details Required For Corporate Announcement Filed Under Regulation 30 of SEBI (LODR) Regulation, 2015 , corporate announcement of CA Resignation Dated on 14 November 2025

Auditor Resigned MidtermManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SVA India Ltd informed the stock exchange that its statutory auditor, M/s NBS & Co (Firm Registration No. 110100W), has resigned with effect from 14 November 2025. The auditor cited pre-occupation with other professional engagements as the reason and confirmed there are no concerns regarding the company's management or any material reasons behind the exit. NBS & Co had been appointed on 23 September 2024, with their term originally running until the conclusion of the AGM in calendar year 2027, making this a mid-term resignation. Their last submitted report was the limited review for Q2 ending 30 September 2025, filed on 14 November 2025. The Audit Committee and Board will appoint a new statutory auditor to fill the casual vacancy, with a further intimation to follow. This filing is a resubmission with the previously missing Annexure A now attached.

Likely market impact

This is a routine auditor change with no governance red flags, as the auditor explicitly stated no concerns about management. Shareholders should watch for the appointment of the replacement auditor; until a new auditor is in place, there may be a brief gap in audit coverage, but the company has indicated it will fill the vacancy in due course.