Tara Chand InfraLogistic Solutions Limited has informed the Exchange about Resignation of Statutory Auditor
TARACHAND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
M/s Sangeet Kumar & Associates, the statutory auditors of Tara Chand Infralogistic Solutions Limited, have resigned effective from closing business hours of 14th May 2026. The auditors cited "pre-occupation in other assignments" as the reason for their inability to continue. The company has clarified that there are no concerns raised by the resigning auditor regarding management and no material reason for the resignation. The auditors had been appointed since September 2017 and were reappointed for five years till FY2027. The Board will consider appointing new statutory auditors to fill the casual vacancy in due course.
This mid-term resignation of statutory auditors could raise minor concerns about continuity of audit coverage, though the company has assured no governance issues exist. Shareholders should monitor for the appointment of new auditors promptly to avoid any gap in audit services.