Statutory auditor resigns; Harish Gummadi and Co appointed to fill vacancy
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Eswara Rao and Co resigned as statutory auditors effective 28 October 2026, citing a family medical emergency and insufficient time for the September quarter review. Appointed only on 10 October, it had started no audit work and reported no concerns about management. It had itself replaced Vasavi and Co, which resigned earlier. On 2 November, the board appointed Harish Gummadi and Co, subject to shareholder approval, until the next AGM.
Rapid auditor changes may draw investor attention, but no audit or management concerns were reported. The successor still needs shareholder approval.