Ashtasidhhi Industries Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of its Secretarial Auditor. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular no. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026.
Key Details of Resignation
- Effective Date: October 08, 2026
- Resignation Date: October 08, 2026 (as per resignation letter)
- Auditor Details: M/s Umesh Ved & Associates, located at 304, Shoppers Plaza-V, Opp. Municipal Market, C.G. Road, Navrangpura, Ahmedabad-380009
Reason for Resignation
According to the resignation letter from Umesh Ved, the reason for resignation is "pre-occupation with professional assignments and unavoidable professional commitments." The company states there are no material reasons for the resignation beyond those mentioned in the auditor's letter.
Auditor Tenure and Appointment Background
Umesh Ved & Associates was appointed as Secretarial Auditor for the financial period from April 01, 2025 to March 31, 2030 pursuant to Section 204 of the Companies Act, 2013 and Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Company Response and Next Steps
The Audit Committee and Board of Directors will consider the appointment of new Secretarial auditors in due course, with subsequent intimation to the exchange.
Additional Information
The resignation letter confirms that there are no disputes, differences, or pending issues between the auditor and the company that led to the resignation.
Financial Impact
No financial impact quantified in the disclosure.