Key Event Details
M/s. Ashutosh Agarwal & Co., Chartered Accountants (Firm Registration No. 021531C), who were appointed as Internal Auditors for the Financial Year 2026-27, have resigned from their position effective 05th November, 2026.
Chronology of Events
- Resignation letter received: 25th October, 2026
- Board meeting date: Wednesday, 04th November, 2026
- Effective cessation date: 05th November, 2026 (close of business hours)
- Board meeting timing: Commenced at 04:15 P.M. (IST) and concluded at 05:16 P.M. (IST)
Reason for Resignation
As per the resignation letter and annexure, the resignation is due to "certain structural and organisational changes within their firm arising from a reorganisation of the partnership." The auditors confirmed there are no other reasons for resignation apart from those stated.
Company Response
The Board of Directors took note of the resignation at their meeting on 04th November, 2026. M/s Ashutosh Agarwal & Co. shall no longer be associated with the Company in the capacity of Internal Auditors.
Financial Impact
Financial impact not quantified in the disclosure.