VIRAM SUVARN LIMITED
Key Event Details
M/s. Shah Karia and Associates, Chartered Accountants (Registration No. 131546W), have tendered their resignation as the Statutory Auditor of the Company vide letter dated September 3, 2026, with immediate effect.
Reason for Resignation
The resignation was due to personal reasons as stated in the auditor's resignation letter. The auditor specifically mentioned "due to personal reasons" and "not able to continue as Statutory Auditors of the Company".
Management and Governance Implications
The resigning auditor confirmed:
- No concerns relating to the affairs of the Company requiring communication to the Audit Committee/Board of Directors
- No management-imposed limitations or circumstances beyond management's control affecting audit evidence
- No significant impact on financial statements/results due to lack of information
- No prevalence of information issues in previous financial statements
- No other material reasons for resignation beyond those provided
Company Response and Next Steps
The Audit Committee and Board would consider the appointment of new statutory auditors in due course to fill the casual vacancy caused by the resignation. The company confirmed that no deliberation by the Audit Committee is required and consequent disclosure of Audit Committee's view is not applicable.
Financial Impact
No financial impact quantified in the disclosure. The resignation is presented as an administrative change without material financial consequences.