Value Industries Limited has informed the Exchange regarding Resignation of KVA & Company as Statutory Auditor of the company w.e.f. September 05, 2025.
Awaiting price reaction for this filing.
Value Industries Limited has informed the stock exchange that KVA & Company has stepped down as the company's Statutory Auditor, effective September 05, 2025. No reason for the resignation has been disclosed in the filing. The company will now need to appoint a new statutory auditor to fill the vacancy, typically within the timelines prescribed under the Companies Act. Statutory auditor resignations, especially mid-term, can sometimes raise governance concerns and are closely watched by investors and regulators.
Shareholders should watch for the company's explanation and the appointment of a replacement auditor. A sudden statutory auditor exit without stated reasons can create uncertainty and may put the stock under additional scrutiny until a new auditor is in place.