Appointment of Statutory Auditor
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Vaxfab Enterprises Limited announced that M/s SSRV & Associates has resigned as Statutory Auditor with effect from November 14, 2025, citing pre-occupation with other assignments as the reason. The auditor had already completed the limited review for the quarter and half-year ended September 30, 2025. To fill the resulting casual vacancy, the Board, based on Audit Committee recommendation, has appointed M/s. Chandabhoy & Jassoobhoy, Chartered Accountants (FRN: 101648W) as the new Statutory Auditor, effective November 14, 2025, until the conclusion of the AGM to be held in 2026. The incoming firm is a well-established practice originally founded in 1908, offering audit, tax, advisory, and compliance services.
The change is mid-term (original SSRV tenure ran until FY27) and is being framed as a routine transition driven by the outgoing auditor's workload, with no governance concerns flagged. Shareholders should note the auditor swap but need not be alarmed, as the reason cited is benign and a reputed replacement firm has been inducted.