Regulation, Compliance & Legal › Sub-category
Auditor Resignation / Qualification
19 articles
Auditor resignations and qualifications are emerging as a significant concern across various Indian companies. Shiva Granito Export and Patron Exim both reported net losses and received qualified audit opinions due to concerns about credit losses, inventory valuation, and revenue verification. Apoorva Leasing Finance also saw its auditor resign citing commercial considerations, while Deep Polymers’ auditors raised concerns about doubtful debts and forex accounting. These developments highlight potential financial reporting challenges and increased scrutiny of corporate governance practices, potentially impacting investor confidence and requiring closer examination of financial statements.
Vipul Limited FY26 Standalone Loss ₹1417 Lakh
Vipul Limited reported a standalone net loss of ₹1,417.18 lakhs for FY26, with auditors issuing a qualified opinion and disclaimer on multiple asset recoverability and accounting issues.
The Board app
BLS E-Services Subsidiary ATPL Auditor Resignation Appointment
BLS E-Services discloses statutory auditor resignation at material subsidiary Atyati Technologies due to independence conflicts from ownership change.
S.R. Batliboi & Co. LLP resigned effective immedi
United Polyfab Secretarial Auditor Resigns
United Polyfab Gujarat Limited's Board accepted the resignation of its Secretarial Auditor, M/s. M. K. Samdani & Co.
The resignation, effective September 28, 2026, was tendered due to the auditor's pr
HMT Limited Reports FY26 ₹1315 Crore Consolidated Loss
HMT Limited reported consolidated net loss of ₹13,154.20 lakhs with negative net worth of ₹2,38,226.80 lakhs, while standalone revenue grew marginally to ₹25.96 crore.
Auditors issued qualified opinio
HOEC FY26 Profit Drops 55% Amid Compliance Issues
HOEC reported consolidated net profit of ₹6,274.53 lakhs for FY26, down 55% from previous year, with revenue declining 37% to ₹26,315.45 lakhs due to unsold oil inventory and HPCL dispute reversal.
Th
Shiva Granito Export FY26 Net Loss ₹5.80 Lakhs
Shiva Granito Export submitted its FY26 Annual Report to BSE, reporting a net loss of ₹5.80 lakhs on revenues of ₹1173.00 lakhs.
Auditors issued a qualified opinion citing lack of provisions for expec
Patron Exim FY26 Net Loss of ₹1.09 Crore
Patron Exim Limited issued its Annual Report and notice for its Fourth AGM to be held on September 30, 2026, via video conference.
The company reported a standalone net loss of ₹108.96 lakh for FY 202
Deep Polymers FY26 Profit Rises 30% with Auditor Qualifications
Deep Polymers reported FY26 consolidated net profit of ₹6.78 crore, up 30% YoY, with revenue of ₹98.72 crore showing modest growth.
Auditors issued qualified opinion citing non-provision for ₹3.08 cro
Tridev Infraestates FY26 Net Profit Rs 28,662
• Submitted Annual Report for FY 2025-2026 to BSE, reporting a marginal net profit increase to Rs 28,662 with revenue of Rs 16.62 lakh.
• NCLT approved a scheme for reduction of share capital to Rs 3.
Thakkers Developers FY26 Net Profit Declines 21%
Thakkers Developers reported 21% decline in consolidated net profit to ₹5.11 crore despite 11% revenue growth to ₹40.74 crore for FY26.
The company will hold its 39th AGM on September 30, 2026 to appr
Padmanabh Industries Submits FY26 Annual Report
Padmanabh Industries submitted its Annual Report for FY 2025-26 to BSE as per SEBI LODR Regulation 34.
Company reported ₹23.87 lakh net profit for FY26, a significant improvement from ₹1.46 lakh in FY
Kothari Industrial FY26 Consolidated Loss Widens to ₹721.9 Crore
Kothari Industrial reported a consolidated net loss of ₹721.85 crore for FY26, significantly impacted by ₹409.95 crore loss from associate Phoenix Kothari Footwear.
Auditors issued a qualified opinion
Veerkrupa Jewellers 7th AGM Notice and FY26 Results
Veerkrupa Jewellers convenes 7th AGM on September 29, 2026 via video conference to adopt FY26 financial statements and appoint auditors.
FY26 revenue surged 103% to ₹59.39 crore but net profit decline
B&B Realty FY26 Report: ₹44L Loss, Auditor Change
B&B Realty Limited submitted its Annual Report for FY 2025-26 to BSE, reporting a net loss of ₹44.25 lakhs versus a ₹46.42 lakh profit in the prior year.
The company's statutory auditor, S R P C & CO
Aarti Surfactants FY26 Revenue Up 30% to ₹859 Cr
Aarti Surfactants reported 30.4% YoY revenue growth to ₹859.13 crore in FY26, though net profit declined 15.1% to ₹12.34 crore due to higher input costs.
Board recommended a dividend of ₹1 per share a
Transwarranty Finance FY26 Net Loss ₹204.56 Lakhs, AGM Scheduled
Transwarranty Finance reported a net loss of ₹204.56 lakhs for FY26, improving from ₹467.57 lakhs loss in FY25, with basic EPS at (₹0.37) and auditor emphasis on going concern considerations.
The comp
Kaarya Facilities 17th Annual Report FY26
Kaarya Facilities submitted its 17th Annual Report for FY 2025-26 to BSE, reporting a net profit of ₹20.17 crore, up 17.4% YoY.
Statutory Auditor Piyush Kothari & Associates resigned, and Bhasin Hota
RKD Agri FY26 Net Loss ₹8.38M Auditor Resignation
RKD Agri & Retail reported a net loss of ₹8.38 million for FY26, widening from ₹1.10 million loss in FY25, with revenue declining to ₹17.95 million.
Statutory auditor MNT & Associates resigned effecti
Oswal Greentech Reports ₹1,012 Cr Provision, FY26 Net Loss
Oswal Greentech reported a net loss of ₹624.19 crore for FY26 due to a ₹1,012.22 crore provision for doubtful inter-corporate deposits and real estate advances.
The company disclosed a fraud case invo