S R Batliboi & Co. LLP resigned as statutory auditor of Ramkrishna Titagarh Rail Wheels Limited, a material subsidiary, effective May 12, 2026.
Resignation was due to independence requirements from Titagarh Rail Systems Limited's auditors for consolidated financial reporting.
Auditor completed the statutory audit for FY2025-26 and confirmed no concerns were raised regarding subsidiary management.
Disclosure made under SEBI Listing Regulations 30 and Master Circular requirements for material subsidiary events.