We wish to inform you that M/s TDK & Co., Chartered Accountants vide their resignation letter dated May 14, 2026 have resigned from the position of Statutory Auditors of the Company.
Awaiting price reaction for this filing.
RRP Defense Ltd (formerly Euro Asia Exports Ltd) announced the resignation of its Statutory Auditor, M/s TDK & Co., Chartered Accountants, effective May 14, 2026. The auditor cited 'pre-occupation in other assignments' as the reason for leaving. TDK & Co. was appointed on June 6, 2025, with their term scheduled to end at the conclusion of the Company's 48th Annual General Meeting. The firm completed its limited review of the unaudited standalone and consolidated financial results for Q3 FY2026 (quarter ended December 31, 2025) and issued its report on March 6, 2026. The auditor confirmed there are no material concerns or reasons for resignation beyond what was stated.
The resignation of the statutory auditor mid-term may raise concerns about governance and could signal potential issues, though the auditor has declared no material concerns. The company will need to appoint a new auditor to complete its audit obligations.