Intimation regarding appointment of statutory auditor
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Awaiting price reaction for this filing.
SVA India Limited's Board has appointed M/s Jayesh Dadia & Associates LLP, Chartered Accountants (FRN: W100122), as the new Statutory Auditor of the company. The appointment is to fill the casual vacancy caused by the resignation of the previous auditor, M/s NBS & Co (FRN: 004972C). The outgoing auditors did not raise any concerns or issues in their resignation. The new auditor will hold office until the conclusion of the Annual General Meeting to be held in 2026, subject to shareholder approval. The board meeting was held on 12th December 2025 and the appointment was recommended by the Audit Committee.
Routine auditor change with no red flags — outgoing auditors raised no concerns, and the replacement is a Mumbai-based firm with standard audit and tax capabilities. Shareholders should approve the appointment at the upcoming general meeting; minimal impact expected on stock price.