Tara Chand InfraLogistic Solutions Limited has informed the Exchange regarding Resignation of M/s Sangeet Kumar & Associates as Statutory Auditor of the company w.e.f. May 14, 2026.
TARACHAND · price
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M/s Sangeet Kumar & Associates has resigned as the statutory auditor of Tara Chand InfraLogistic Solutions Limited effective May 14, 2026. The auditor cited pre-occupation in other assignments as the reason for stepping down. The firm was originally appointed at the 5th Annual General Meeting in 2017 and reappointed for five years until the conclusion of the AGM in Financial Year 2027. The company has clarified that no concerns were raised by the resigning auditor regarding management, and there is no material reason for the resignation. The Audit Committee and Board will consider appointing new statutory auditors to fill the casual vacancy in due course.
The company faces a mid-term auditor change and will need to appoint a replacement. The market may monitor this closely until a new auditor is named, though no red flags have been raised by the departing auditor.