Appointment of M/s. Chandabhoy & Jassobhoy as a statutory auditor of the company to fill the causal vacancy.
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VCU Data Management Limited has appointed M/s. Chandabhoy & Jassoobhoy, Chartered Accountants (FRN: 101648W), based in Ahmedabad, as its new statutory auditor. This appointment fills the casual vacancy left by the resignation of the previous auditor, M/s. H. G. Sarvaiya & Co., who stepped down effective 1st September 2026. The new auditor will serve until the conclusion of the next Annual General Meeting, and the appointment is subject to shareholder approval at a General Meeting as required under Section 139(8) of the Companies Act, 2013. The Board approved this on 29th September 2026 on the recommendation of the Audit Committee. The new auditor has provided its consent to act and confirmed eligibility under Section 141 of the Companies Act.
This is a routine corporate housekeeping change at a small-cap company following a midterm auditor exit. Shareholders should note the previous auditor's sudden resignation and watch for any related disclosures; the change itself is neutral for the stock but may raise minor governance questions if the reason for the prior auditor's exit is not disclosed.