Flexituff Ventures International Limited has filed a regulatory disclosure with BSE Limited and National Stock Exchange of India Limited regarding the resignation of its statutory auditors.
Key Details of Resignation
- Resignation Date: 19th June, 2026
- Effective Date: 19th June, 2026
- Auditor Firm: Mahesh C. Solanki & Co., Chartered Accountants
- Firm Registration Number: 006228C
- Auditor Address: 803, Airen Heights, PU-3, Scheme No 54, Opp. Malhar Mega Mall, A. B. Road, Indore – 452010 (M.P), India
- Contact: Phone: +91-731-2576077, Email: info@mcsca.com
Reasons for Resignation
The resignation was necessitated due to:
1. Prolonged non-payment of outstanding audit fees despite several reminders and follow-ups
2. Severe deadlock position regarding the Company's business operations
Auditor Tenure and History
- Date of Appointment: 30/09/2025
- Scheduled Term Expiry: 31/03/2030
- Latest Audit Reports Submitted:
- Independent Auditor's Report on Annual Standalone and Consolidated Results for quarter and year ended 31 March 2026, dated 30 May 2026
- Standalone and consolidated statutory audit report for the year ended 31 March 2026 dated 30 May 2026
Financial Reporting Impact
The auditor confirmed that:
- The inability to obtain sufficient appropriate audit evidence was due to circumstances beyond the control of management
- The lack of information would have significant impact on the financial statements/results
- The lack of information was prevalent in previous reported financial statements/results
- Reference is made to the Independent Auditor's Report on Annual Standalone and Consolidated Results for the quarter and year ended 31 March 2026, dated 30 May 2026
Company Representation
The disclosure was signed by Rahul Chouhan, Whole Time Director (DIN: 03307553) on 23rd June 2026.
Additional Information
The auditor confirmed there are no other material reasons for resignation beyond those stated above.