VCU Data Management Limited has disclosed the resignation of its statutory auditor, M/s H.G. Sarvaiya and Co., Chartered Accountants (Firm Registration No.: 115705W). The resignation was tendered on 1st September 2026 and is effective immediately.
The Board of Directors of the company approved and took on record the resignation during its meeting held on Monday, 1st September 2026. The meeting commenced at 6:15 PM and concluded at 6:35 PM at the company's registered office in Mumbai.
Reasons for Resignation
According to the resignation letter from H.G. Sarvaiya and Co., the resignation was submitted due to "change in corporate structure and limitation in scope of audit engagement."
Auditor Disclosure Details
As required under SEBI regulations, the auditor provided detailed disclosures:
- The auditor was appointed on 27/09/2025 at the 13th Annual General Meeting
- The term was scheduled to expire at the conclusion of the 18th AGM in calendar year 2030
- The latest audit report submitted was the Independent Auditors' Report for the half year and financial year ended 31st March 2026, issued on 26/06/2026
- The auditor confirmed no concerns were raised with the Audit Committee/Board prior to resignation
- The auditor declared there are no other material reasons for resignation beyond those stated