Company Disclosure: Resignation of Statutory Auditor
Details of Resignation
- Name of Statutory Auditor: STAV & Co., Chartered Accountants (Firm Registration No. 024510C)
- Reason for Resignation: The auditor's Peer Review Certificate expired on 31 August 2026 and was not renewed. The firm stated this makes them ineligible to continue as statutory auditors under professional and regulatory requirements.
- Date of Resignation: 31 August 2026
- Effective Date: With effect from 31 August 2026 after closure of business hours
- Additional Details: The auditor confirmed no other reasons for resignation beyond the peer review certificate expiry.
Company Actions
The company is in the process of taking necessary steps for appointment of a new statutory auditor in accordance with the applicable provisions of the Companies Act, 2013 and SEBI LODR Regulations.
Transition Assurance
The outgoing auditor has committed to extend all necessary cooperation and provide required information, records, and assistance to ensure a smooth transition to the incoming statutory auditor.