Key Event Details
M/s. G A M S & Associates LLP, Chartered Accountants, New Delhi (Firm Registration Number: 0N500094) has resigned as the Statutory Auditor of Svam Software Limited effective from 12th August, 2026 after the close of business hours.
Reason for Resignation
The auditor cited "pre-occupation with other professional commitments" as the reason for resignation in their letter dated 12th August, 2026.
Auditor Tenure and Background
- Date of appointment: 7th March, 2022
- Scheduled term expiration date: 12th August, 2026 (coinciding with resignation date)
- Firm contact details: H.O.: 23, 2nd Floor, North West Avenue, Club Road, West Punjabi Bagh, New Delhi-110026; Contact No.: 9810009453; Email: anilguptaca@hotmail.com
- Partner responsible: CA Anil Gupta (Membership No: 008218)
Key Confirmations from Auditor
The resigning auditor explicitly confirmed:
- There are no other material reasons for resignation beyond those stated
- There were no concerns raised with respect to the management of the Company
- No efforts were made prior to resignation regarding any concerns (including approaching Audit Committee/Board)
- No other facts are relevant to the resignation
Company Response and Compliance
The company stated that:
- No concerns were raised by the resigning auditor regarding management
- Consequently, no deliberation was required by the Audit Committee
- Disclosure of Audit Committee's view is not applicable
- The filing complies with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023
Signatory and Authorization
The intimation was signed by Harish Kumar Sharma, Managing Director (DIN: 10785775), on behalf of Svam Software Limited.
Financial Impact Assessment
No financial impact quantified in the disclosure. The resignation appears to be administrative without stated financial consequences.