TCI Express Limited has informed the Exchange about Retirement of M/s. R. S Agarwala & Co. Chartered Accountants upon completion of their tenure
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TCI Express Limited has informed the stock exchange that its statutory auditor, M/s. R.S. Agarwala & Co. Chartered Accountants, is retiring upon completion of their tenure. This is a routine rotation of auditors as mandated under company law. No reasons for any concerns or disputes have been mentioned in the filing. The company will need to appoint a new auditor to fill the vacancy.
This is a routine procedural change and unlikely to have any material impact on the stock price or shareholders. Investors should watch for the appointment of the new auditor in a subsequent announcement.