Aar Shyam India Investment Company Limited has disclosed the resignation of its statutory auditor M/s. Garg Agrawal & Agrawal, Chartered Accountants (Firm Registration No. 016137N), effective 21st August 2026. The disclosure is made pursuant to Regulation 30 read with sub-clause (7A) of Part A of Schedule III of the SEBI LODR Regulations, 2015.
Auditor Details and Tenure
- Auditor Firm: Garg Agrawal & Agrawal, Chartered Accountants
- FRN: 016137N
- Address: 75, W.K. Road, Meerut
- Contact: +91 7417179505, gargagrawalagrawal@gmail.com
- Date of Appointment: 29/09/2025
- Scheduled Term Expiry: Up to 47th AGM
- Latest Report Submitted: Limited Review for quarter ended 30/06/2026, submitted on 23/07/2026
Reason for Resignation
The auditor resigned due to "other professional pre-occupations" and stated they are "unable to continue as the Statutory Auditors."
Key Declarations from Auditor
The auditor confirmed:
- No concerns or efforts made prior to resignation (marked "Not Applicable")
- No limitations by management or circumstances affecting their work
- No significant impact on financial statements identified
- No alternative procedures under SA 705 required
- No prevalence of issues in previous periods
- No other material reasons for resignation beyond those provided
Company Action
The Board of Directors will take necessary steps to fill the casual vacancy caused by this resignation in accordance with the provisions of the Companies Act, 2013 and SEBI LODR Regulations within prescribed timelines. The appointment of the new Statutory Auditor will be intimated to the Stock Exchange in due course.
Financial Impact
Financial impact not quantified in the disclosure.