VICEROY HOTELS LIMITED has informed the Exchange about Resignation of Statutory Auditor
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Viceroy Hotels Limited's statutory auditor, M/s. Deva & Co., Chartered Accountants (FRN 000722S), has tendered its resignation effective August 8, 2025. The firm was originally appointed at the 59th Annual General Meeting for a four-year term covering FY 2024-25 to FY 2027-28, so this resignation comes well before the term was set to end. The auditor cites 'internal reallocation of audit resources and strategic priorities within the firm' as the reason and confirms there are no concerns, disputes, or issues with the company that shareholders or creditors need to be aware of. The audit of FY 2024-25 has already been completed, and the firm will issue its limited review report for the quarter ended June 30, 2025 before formally stepping down. A Form ADT-3 will be filed with the Registrar of Companies, and the company will need to appoint a new statutory auditor.
This is a routine, non-contentious auditor change driven by the audit firm's internal decisions rather than any governance or financial red flags at Viceroy Hotels. Shareholders are unlikely to see a meaningful negative impact, though the company will need to appoint a replacement auditor soon to avoid any compliance gaps.