Intimation for cancellation of appointment of M/s.Jatin Mangroliya & Associates, Cost and Management Accountants.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wardwizard Foods and Beverages has cancelled the appointment of M/s. Jatin Mangroliya & Associates as its Cost Auditor, effective June 10, 2025. The company stated the cancellation is because the Cost Audit requirement no longer applies to it, suggesting its operations have fallen below the turnover or threshold criteria that mandate a cost audit under the Companies (Cost Records and Audit) Rules. No replacement cost auditor is being appointed since the audit itself is no longer required. The intimation has been filed with BSE under Regulation 30 of SEBI LODR.
This is a routine compliance update with no material impact on shareholders or the stock. It indicates the company likely does not meet the size criteria requiring a mandatory cost audit, which is neutral to slightly positive from a compliance-cost perspective.