Key Event
M/s. Jeevan Jagetiya & Co. (FRN: 121335W), Chartered Accountants, Ahmedabad, statutory auditors of the company, have tendered their resignation effective November 10, 2026.
Appointment History
- Originally appointed by shareholders at the 6th Annual General Meeting held on September 30, 2023
- Term was scheduled to expire at the conclusion of the 10th Annual General Meeting
Reason for Resignation
The auditors stated that due to their firm being engaged in several new professional assignments requiring substantial time, resources and attention, they are unable to continue to devote the requisite time and attention to discharge their responsibilities as statutory auditors of the company.
Recent Work Completed
The auditors confirmed they have completed the limited review of the unaudited financial results of the company for the quarter and half year ended September 30, 2026, and issued their Limited Review Report dated November 06, 2026.
Additional Information
- The resignation letter confirms no other material reasons for resignation beyond those stated
- No concerns regarding inability to obtain sufficient appropriate audit evidence were raised
- No management limitations or lack of information issues were reported
- The auditors expressed gratitude to the Board of Directors, Audit Committee and management for support during their tenure
Financial Impact
Financial impact not quantified in the disclosure.