Appointment/Re-Appointment of Auditors Viz. Secretarial Auditor and Internal Auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Unifinz Capital India has accepted the resignation of M/s VR Associates as its Statutory Auditor effective 30th May 2025. VRA was originally appointed for a 5-year term until the 45th AGM in 2028, so this is a mid-term exit. The resignation letter explicitly states there are no concerns, disputes, or audit evidence issues — VRA stepped down to allow the company to make desired changes. The Board has also re-appointed M/s PVAR & Associates as Internal Auditor for FY 2025-26 and appointed Mr. Uttsav Singh of Singh US & Associates as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval at the upcoming AGM. No replacement statutory auditor has been named yet.
Mid-term exit of a statutory auditor is a yellow flag for retail investors, even though no concerns were flagged — shareholders should watch for timely appointment of a new statutory auditor before the next reporting cycle. The new auditor appointments are routine governance updates and unlikely to move the stock on their own.