Ventura Guaranty Limited has submitted a regulatory disclosure to BSE Limited regarding the appointment of statutory auditors at its material subsidiary, Ventura Securities Limited (VSL).
Key Decision
The Board of Directors of Ventura Securities Limited, at its meeting held on August 18, 2026, considered and approved the appointment of M/s. G. K. Choksi & Co., Chartered Accountants (Firm Registration No. 125442W), as the Statutory Auditors of the company. This approval was based on the recommendation of the Audit Committee.
Reason for Appointment
The appointment fills the casual vacancy arising from the resignation of the previous statutory auditors, M/s. M S K A & Associates LLP, Chartered Accountants.
Term of Appointment
The appointment is for a term of five consecutive years, commencing from the conclusion of the Annual General Meeting (AGM) to be held in the year 2026 and continuing until the conclusion of the AGM to be held in the year 2031.
Approval Requirement
The appointment is subject to the approval of the members (shareholders) at the ensuing Annual General Meeting of Ventura Securities Limited.
Auditor Profile
M/s. G.K. Choksi & Co., Chartered Accountants is a Mumbai-based firm established in 2004. The firm offers services including Audit & Assurance (statutory, tax, and internal audits, due diligence, Ind AS & IFRS compliance), Taxation & Regulatory Services (direct, indirect, and international taxation, transfer pricing, representation before authorities), Business Advisory (M&A, corporate restructuring, financial planning, transaction advisory), and Litigation Support (tax disputes and resolution). The firm has four partners with expertise in international taxation, mergers and acquisitions, cross-border and expatriate taxation, transaction structuring, transfer pricing, compliance management, corporate restructuring, and sector-specific advisory.
Financial Impact
Financial impact not quantified in the disclosure.