Statutory auditor resigns mid-term; new auditor named; board clears Gozoop payment
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Board met on October 8, 2026. Statutory auditor M/s. Shweta Jain & Co. LLP resigned effective September 23, 2026, citing preoccupation with other professional work. M/s. NGPC & Co. appointed as replacement auditor, subject to shareholder approval. Board also approved a Working Capital Demand Loan or overdraft from HSBC Bank up to Rs. 25 Crores, borrowing of up to Rs. 25 Crores, and payment of cash consideration for Tranche 2 acquisition of Gozoop Online Private Limited shares.
Mid-term auditor change needs shareholder approval. New Rs. 25 Crore HSBC facility adds leverage. Gozoop acquisition tranche progresses.