Announced Wed, 23 Sept, 2026 · 19:46 IST
Statutory Auditor Vasavi and Co resigns mid-term citing workload
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹2.68
prior close
₹2.69
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-3.7-0.4-3.0-3.7-12.7-16.4————
Up moveDown movePending
AI summary
M/s Vasavi and Co, Chartered Accountants (FRN 020965S), have resigned as Statutory Auditors of Transgene Biotek Ltd with immediate effect from Sept 22, 2026. The auditor cited pre-occupation with other assignments as the reason, stating inability to devote sufficient time. No governance concerns or other material reasons were disclosed. The company will appoint a new statutory auditor under the Companies Act 2013 and SEBI LODR Regulations.
Likely market impact
Auditor change is routine and workload-related with no red flags. Watch for new auditor appointment and timely audit completion.