Outcome of board meeting for appointment of Statutory Auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SVA India Ltd's Board, at its meeting on 12 December 2025, approved the appointment of 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 & Company (FRN: 004972C). The new auditor will hold office until the conclusion of the next Annual General Meeting in 2026, subject to shareholder approval. The company has clarified that the outgoing auditor did not raise any concerns or issues, and the resignation was for reasons mentioned in their resignation letter.
This is a routine mid-term change in auditor with no governance red flags noted. Shareholders may see this as a neutral event, though they should watch for any further details from the outgoing auditor's resignation letter at the upcoming general meeting.