Resignation Details
- Statutory Auditor: K M K U & Associates, Chartered Accountants
- Resignation Effective Date: July 11, 2026
- Date of Intimation to Exchange: July 23, 2026
Auditor Appointment History
- Appointment Date: March 28, 2026
- Scheduled Term Expiry: Till conclusion of AGM to be held in the year 2029
- Latest Audit Report Submitted: Statutory Audit Report of March 31, 2026 dated May 01, 2026
Reason for Resignation
Following approval of the Resolution Plan, the scope and responsibilities associated with the audit engagement underwent a material change. The auditor requested revision of professional remuneration commensurate with the revised scope of work. The parties were unable to arrive at mutually acceptable commercial terms despite discussions.
Key Confirmations
- Resignation is not due to any disagreement with management regarding financial statements, accounting policies, audit procedures, availability of information, or cooperation extended by management
- No concerns were raised with Audit Committee/Board of Directors prior to resignation
- All required information was provided by management
- No inability to obtain sufficient appropriate audit evidence
- No significant impact on financial statements/results due to lack of information
Auditor Contact Information
- Address: E-67, Basement, Saket, New Delhi-110017
- Partner: Mohit Kumar, FCA (Membership No. 543654)