Statutory Auditor PKN & Co resigns mid-term; new auditor appointed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Q1 FY27 results with revenue of Rs 796.49 lakh and net profit of Rs 7.76 lakh versus a loss of Rs 16.01 lakh in Q1 FY26. Statutory auditor M/s PKN & Co resigned mid-term effective Aug 13, 2026 citing internal restructuring within their firm, with no disagreement with management. M/s DTA & Associates was appointed as the new statutory auditor to fill the casual vacancy. R J and Associates was appointed as internal auditor and PNK & Co as secretarial auditor for FY 2026-27.
Auditor change mid-term can raise governance questions, though PKN stated no disagreement. Revenue jumped sharply but profitability remains thin.