Appointment of Statutory Auditors
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Vivid Mercantile Limited has appointed M/s Shah Karia & Associates, Chartered Accountants (FRN: 131546W), as its new Statutory Auditor. The appointment was approved by members at a meeting held on September 27, 2025, for a term of five consecutive financial years covering FY 2025-26 to FY 2029-30. The filing notes the reason for change as filling a casual vacancy, suggesting a previous auditor was replaced. Shah Karia & Associates is an Ahmedabad-based firm established in 2010 offering audit, tax, risk advisory, and compliance services. The intimation was made under Regulation 30 of SEBI LODR Regulations, 2015.
A fresh five-year auditor appointment with the stated purpose of filling a casual vacancy may indicate the previous auditor exited before their term ended. Shareholders should watch for clarity on why the prior auditor departed, though the new appointment itself provides stability for audits through FY 2030.