Announced Tue, 1 Sept, 2026 · 21:47 IST

Statutory Auditor H.G. Sarvaiya and Co resigns with immediate effect

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

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AI summary

VCU Data Management's statutory auditor H.G. Sarvaiya and Co resigned on 1 September 2026 with immediate effect. The auditor was appointed in September 2025 for a five-year term till 2030. Stated reason: change in corporate structure and limited scope of audit engagement. The auditor filed its last report for FY ending 31 March 2026 and reported no concerns or alternative procedure issues.

Likely market impact

Mid-term auditor exit after about a year may raise governance questions and the company must appoint a new statutory auditor promptly.