Appointment of Statutory Auditor of the Company
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Triveni Enterprises Ltd has appointed M/s Karta & Company (FRN: 160122W), a Mumbai-based Chartered Accountancy firm, as its new Statutory Auditor with effect from August 19, 2025. The appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. SDG & Co., Chartered Accountants. The new auditor will hold office until the conclusion of the next Annual General Meeting and is subject to shareholder approval. Karta & Company, which started operations in September 2023, offers assurance, taxation, and financial advisory services along with investment banking and consulting.
Auditor changes mid-term can be a governance red flag for retail investors — it's worth asking why the previous auditor resigned and reviewing the new auditor's credentials. For the stock, this is a routine compliance event unlikely to move the share price on its own.