Announced Wed, 5 Aug · 14:22 IST
Statutory Auditor J.D. Zatakia and Co resigns, cites fee concerns
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
J.D. Zatakia and Co has resigned as statutory auditor of Terraform Realstate effective August 4, 2026, less than two years into a five-year term. The firm cited fees not being commensurate with the time and effort required. The auditor confirmed there are no other material reasons for resignation. Latest signed reports include the FY26 statutory audit dated May 26, 2026 and the Q1FY27 limited review dated July 16, 2026.
Likely market impact
Company must appoint a new auditor before the next audit cycle. Fee-related exits can raise minor governance questions, though no other issues were flagged.