We wish to inform your esteemed organisation that the Statutory Auditors of the Company, M/s. PPKG & Co., Chartered Accountants have tendered their resignation vide Resignation Letter dated ....
Awaiting price reaction for this filing.
Mipco Seamless Rings (Gujarat) Limited has informed BSE that its Statutory Auditors, M/s. PPKG & Co., Chartered Accountants (FRN: 0096555), have resigned effective 3rd September 2025. The auditors cited 'pre-occupations' as the reason for stepping down. Notably, PPKG & Co. were originally appointed on 24th August 2023 with a term scheduled to run until the AGM of FY 2028-29, meaning they are leaving about three years before their term was due to end. The outgoing auditor will still issue the Limited Review Report for the quarter ended 30th September 2025 to ensure compliance. No concerns, qualifications, or disagreements with management have been flagged by the auditor. The communication was signed by Vikky Jain, Additional Director (Whole-Time Director).
Mid-term auditor resignations are worth watching but the absence of any flagged concerns makes this relatively neutral. The company will now need to appoint a new statutory auditor, and shareholders should monitor the next announcement regarding the replacement.