Key Event Details
M/s Suvarna and Katdare, Chartered Accountants (FRN: 125080W) have tendered their resignation as the Statutory Auditors of the Company effective 12th November 2026. The reason for resignation cited is "engagement in other pre-occupied assignments."
Auditor Tenure and Completed Work
The auditor was appointed for a term of 5 years vide Shareholders' Resolution dated 14.09.2024, with the term scheduled to expire at the conclusion of the Annual General Meeting to be held in the year 2029.
Prior to resignation, the auditor had completed:
- Audit of Financial Statements for F.Y. 2025-26 dated 29.05.2026
- Limited review report for quarter ended 30.06.2026 dated 12.08.2026
- Limited review report for quarter ended 30.09.2026 dated 04.11.2026
Additional Information Provided
Annexure-A includes the information required under SEBI Circular no. CIR/CFD/CMD1/114/2019 dated 18.10.2019, confirming:
- No concerns or disagreements with management
- No inability to obtain sufficient audit evidence
- No significant impact on financial statements due to lack of information
- No prevalence of information issues in previous financial statements
Next Steps
The Board shall take necessary steps to appoint a new Statutory Auditor to fill the casual vacancy caused by the resignation. The auditor will file ADT-3 with the Registrar of Companies and provide professional clearance to the incoming statutory auditors as required under the Companies Act 2013.