Key Event Details
M/s. Bhushan Aggarwal & Co., Chartered Accountants (FRN: 005362N) tendered their resignation as statutory auditors of Prime Industries Limited effective August 11, 2026. The resignation was submitted via letter dated August 11, 2026 and disclosed to BSE Limited on August 12, 2026 by Company Secretary & Compliance Officer Diksha Tiwari.
Auditor Information
- Auditor Name: M/s BHUSHAN AGGARWAL & CO. (CA Shashi Bhushan)
- Address: 678, Aggar Nagar, Ludhiana-141012
- Contact: Phone 98143-61558, Email bacsindia@yahoo.co.in
- Firm Registration Number: 005362N
- Proprietor Membership No: 084005
Tenure Details
- Date of appointment: September 30, 2024
- Scheduled term expiration: September 30, 2029
- Latest submission: Limited Review Report for unaudited financial results for quarter ended June 30, 2026 submitted on August 10, 2026
Reason for Resignation
The auditor cited "preoccupation with other professional assignments and time constraints" as the sole reason for resignation. The auditor explicitly confirmed that there are no other material reasons or concerns surrounding the resignation that need to be brought to the notice of management, shareholders, or other stakeholders.
Additional Confirmation
The auditor confirmed:
- No efforts were made prior to resignation regarding any concerns
- No inability to obtain sufficient appropriate audit evidence
- No management-imposed limitations or circumstances beyond management's control
- No significant impact on financial statements/results due to lack of information
- No prevalence of lack of information in previous financial statements
- No other facts relevant to the resignation
Financial Impact
Financial impact not quantified in the disclosure.