Terraform Realstate Limited has filed a regulatory disclosure regarding the resignation of its statutory auditors, M/s. J. D. Zatakia & Co., Chartered Accountants (Firm Registration No. 111777W).
Resignation Details
- Effective Date of Cessation: August 04, 2026
- Auditor Firm: J. D. Zatakia & Co., Chartered Accountants
- Firm Registration Number: 111777W
- Reason for Resignation: "The existing fees are not commensurate with the time and effort required for carrying out the audit engagement and our responsibilities as statutory auditors."
Auditor Background and History
- Appointment Date: September 27, 2024 (at the Annual General Meeting)
- Scheduled Term End: Till conclusion of AGM for FY 2028-29 (five-year term)
- Recent Reports Submitted:
- Statutory Audit Report for year ended March 31, 2026 (dated May 26, 2026)
- Limited Review Report for quarter ended June 30, 2026 (dated July 16, 2026)
Auditor Contact Information
- Name: Jitendrakumar D. Zatakia
- Address: 306 Rupa Plaza, Jawahar Road, Ghatkopar East, Mumbai 400077
- Membership No.: 17669
Additional Declarations
The auditor confirmed:
- No other material reasons for resignation beyond the fee issue
- No concerns requiring approach to Audit Committee/Board of Directors
- No issues with obtaining sufficient appropriate audit evidence
- No management-imposed limitations or circumstances beyond management's control
- The information provided in the resignation documents is correct and complete
Company Representation
The disclosure was signed by Mr. Ketan Trivedi, Company Secretary & Compliance Officer, on August 05, 2026, at 11:35:35 IST.