Announced Wed, 13 May · 18:41 IST

We hereby inform that M/s. M. K. Saraswat & Associates LLP have tendered their resignation from the position of Secretarial Auditor of the Company.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹58.05
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AI summary

Yashhtej Industries (India) Ltd has announced that M/s. M. K. Saraswat & Associates LLP have resigned from the position of Secretarial Auditor. The resignation is effective from the closing of business hours on 1st May, 2026. The auditor cited pre-occupation with other professional assignments as the reason for leaving. The company has stated it will initiate the process to appoint a new Secretarial Auditor to fill the casual vacancy in accordance with the Companies Act, 2013. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Likely market impact

This is a routine governance disclosure. The mid-term resignation of the secretarial auditor may raise minor concerns about continuity of audit oversight, but the stated reason appears benign. Shareholders should monitor for the appointment of a replacement auditor.