Intimation regarding resignation of the Statutory Auditors of the Company.
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M/s Mistry & Shah LLP, Chartered Accountants (FRN: W100683) resigned as the Statutory Auditor of Yuranus Infrastructure Ltd on July 31, 2025, with immediate effect. The firm was appointed on September 28, 2024, and its term was originally scheduled to expire at the conclusion of the 35th Annual General Meeting, making this a midterm exit. The reason cited is an internal strategic realignment at the audit firm — a decision to restrict its assurance services including statutory audits — and the firm explicitly stated this is not related to any governance issue, event, or performance of the company. The auditor had already signed off on the FY25 audit (year ended March 31, 2025) and the Q1 FY26 limited review. The Audit Committee and Board accepted the resignation on the same day.
Since the auditor has confirmed there are no concerns about the company's books or governance, this is a routine firm-level decision and should not worry shareholders. However, the company will need to appoint a new statutory auditor soon, and investors should watch for that announcement.