Key Details
Resigning Auditor: M/s. Haresh Sanghvi, Practising Company Secretary (Membership No. F2259; Certificate of Practice No. 3675).
Effective Date of Resignation: October 26, 2026, with immediate effect.
Reason for Resignation: As stated in the resignation letter, the reason is pre-occupation with professional assignments and unavoidable professional commitments. The company confirms there are no other material reasons for the resignation and no adverse remarks or observations bearing on the financial or operational affairs of the company.
Tenure: The auditor was appointed for the financial years 2025-2026 to 2029-2030 pursuant to Section 204 of the Companies Act, 2013, and Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and Regulation 24A of the SEBI LODR Regulations, 2015.
Financial and Operational Impact
No financial or operational impact disclosed. The resignation is stated to have no bearing on the company's affairs.
Next Steps
The Board of Directors will consider and appoint a new Secretarial Auditor in due course. The appointment will be intimated to the stock exchanges in accordance with the applicable provisions of the SEBI Listing Regulations.
Additional Information
The intimation has been made available on the company's website: https://www.mitsuchem.com/.
The disclosure was signed by Manish Mavji Dedhia, Managing Director and CFO (DIN: 01552841), from Mumbai.