Appointment of Statutory Auditor to fill casual vacancy.
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Valencia India Ltd has appointed M/s. Panchal S K & Associates, Chartered Accountants (FRN: 145989W), as its new Statutory Auditor with effect from February 23, 2026. The appointment has been made to fill a casual vacancy caused by the resignation of the previous auditor, M/s. Doshi Doshi & Co., Chartered Accountants. The new auditor will hold office until the conclusion of the upcoming Annual General Meeting for the financial year ending March 31, 2026. The firm is a Chartered Accountancy practice established in 2012 with experience in audit, taxation, and corporate compliance. The disclosure was signed by Managing Director Keyur Jitendra Patel.
This is a routine auditor change triggered by the previous auditor's resignation, which is worth monitoring. Shareholders should watch for any separate disclosures explaining why the prior auditor stepped down, as unexpected resignations can sometimes flag underlying financial or governance concerns.