Key Details of Resignation
- Statutory Auditors M/s. Jain Jagawat Kamdar & Co, Chartered Accountants (Firm Registration No. 122530W) resigned effective from close of business hours on 14th November, 2026.
- The resignation was tendered via letter dated 14th November, 2026 and was noted by the board of directors in their meeting held on the same date.
- The auditors were originally appointed on 29th September, 2025 for the term covering Financial Years 2025-2030.
Reason for Resignation
According to the resignation letter, the auditors resigned due to "existing professional commitments and resource allocation requirements of the firm," stating they would not be able to devote requisite time and professional resources for effective statutory audit responsibilities.
Important Confirmations
- The auditors confirmed their resignation is not attributable to any disagreement with management or Board of Directors.
- No concerns were raised regarding financial statements, accounting practices, internal controls, or financial reporting of the Company.
- The auditors issued the Limited Review Report for the quarter and half year ended 30th September, 2026 on 14th November, 2026 prior to tendering resignation.
- The last audit report issued was for Financial Year 2025-26 on 28th May, 2026.
Additional Information from Annexure
- Auditor's address: Suite No. 606-609, 6th Floor, Metro Avenue, Pereira Hill Road, Gundavali, Near Gundavali - WEH Metro Junction, Andheri (East), Mumbai-400099.
- All responses to specific questions regarding concerns, information limitations, and impact on financial statements were marked "Not Applicable."
- Declaration provided confirming information is correct and complete with no other material reasons for resignation.