Disclosure for Resignation of Statutory Auditors.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
M/s S. L. Patel & Co, Chartered Accountants, resigned as Statutory Auditors effective 19th May 2026. The auditor cited old age, medical reasons, and an expired peer review certificate as reasons for resignation. They were originally appointed in September 2021 for a 5-year term scheduled to end in 2029. M/s TRS & Associates, Chartered Accountants, has been appointed to fill the vacancy with immediate effect, subject to shareholder approval. The outgoing auditor confirmed no material concerns or reasons other than those stated.
The mid-term resignation of the statutory auditor may raise minor concerns about continuity of audit coverage, though the reason appears to be routine (age/health of the individual partner). The replacement appointment is in place and pending shareholder approval.