Statutory auditor resigns; replacement appointed to fill casual 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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On 3 November 2026, Harish Gummadi and Co resigned as statutory auditors, citing a family medical emergency that left insufficient time and resources to complete the review of results for the quarter ended 30 September by 14 November. The firm had issued no audit or review report and raised no concerns. On 4 November, the board appointed Ranganath Prasad and Co to fill the vacancy, subject to shareholder approval, until the annual meeting.
A quick replacement should help timely quarterly reporting, though the sudden auditor change may briefly raise governance concerns.