Appointment of M/s S S R V & Associates, Chartered Accountants as a statutory auditor of the company
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Tirth Plastic Limited's board, at its meeting on August 14, 2025, approved Q1 FY26 unaudited financial results and AGM-related documents. The existing statutory auditor, M/s Shubham Gupta & Co (FRN 007234C), resigned effective the same day, citing pre-occupation with other assignments; the auditor confirmed there are no material issues with the company. To fill the resulting casual vacancy, the board appointed M/s S S R V & Associates (FRN 135901W), a chartered accountancy firm established in 2007, as the new statutory auditor until the upcoming AGM. The board also recommended the same firm for a full 5-year term covering AGMs up to FY 2029-30, subject to shareholder approval.
For shareholders, the auditor change is presented as routine — the outgoing auditor resigned for personal capacity reasons and flagged no concerns about the company. However, the mid-term exit so close to the AGM and shortly after issuing the Q1 limited review report may draw some scrutiny and is worth monitoring. Shareholders will vote on ratifying the new auditor at the AGM.