Key Event Details
M/s. DMKH & Co. (Firm Registration Number: 116886W), Chartered Accountants, tendered their resignation as Statutory Auditors of Manglam Global Corporations Limited (formerly known as Kshitij Investments Limited) effective June 8, 2026.
Reason for Resignation
The resignation was submitted due to geographical and logistical constraints, coupled with operational considerations that have resulted in practical difficulties in efficiently servicing the audit engagement. The auditor specifically confirmed in their resignation letter dated June 8, 2026, that there are no other reasons for resignation beyond those stated.
Management Relationship
The disclosure explicitly states that there are no concerns raised by the resigning auditor with the management of the company.
Board Action
The company is placing the resignation before the Board of Directors in its ensuing Board Meeting scheduled to be held on June 11, 2026, for taking note of the same and for further necessary action in accordance with applicable laws.
Disclosure Compliance
The disclosure was made by CS Nalini Kankani, Company Secretary and Compliance Officer (Membership No.: A55497) on June 9, 2026, to BSE Limited regarding scrip code 503626.
#Tags: #ManglamGlobal #AuditorResignation #SEBIRegulation30 #CorporateGovernance #ComplianceDisclosure