Viceroy Hotels Limited has informed the Exchange regarding Change in Auditors of the company.
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Viceroy Hotels Limited announced on 08 August 2025 that M/s. Deva & Co., Chartered Accountants, has resigned as Statutory Auditor of the company with immediate effect. Deva & Co. was originally appointed in September 2024 for a four-year term running through FY 2027-28, making this a mid-term exit. The firm cited 'internal reallocation of audit resources and strategic priorities' as the reason and confirmed there are no concerns, governance issues, or disputes to flag for shareholders. To fill the casual vacancy, the Board has appointed M/s. MSKC & Associates LLP (a larger firm with offices in 5 Indian cities and a valid ICAI peer review certificate) as the new Statutory Auditor for a fresh five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval. Deva & Co. will still issue the limited review report for Q1 FY26 (quarter ended 30 June 2025) before the resignation becomes fully effective.
This is a routine mid-term auditor change driven by the outgoing auditor's internal resource decisions rather than any company-level concerns, so it is unlikely to materially affect the stock. Shareholders should note that the new auditor, MSKC & Associates LLP, is a larger, peer-reviewed firm which may bring broader audit experience to the company going forward.