Auditor1 Sept 2026, 05:10 pm
Adline Chem Lab Board Approves New Statutory Auditor Appointment
AI Summary
Adline Chem Lab Ltd's Board of Directors, in a meeting held on September 1, 2026, accepted the resignation of statutory auditors M/s. Jain Kedia & Sharma due to a fee dispute. The Board approved the appointment of M/s. V. V. PATEL & CO. to fill the casual vacancy and recommended them for a full five-year term, subject to shareholder approval at the upcoming AGM. The draft notice for the AGM has been modified to include these agenda items.
Key Highlights
- Resignation of statutory auditors M/s. Jain Kedia & Sharma accepted.
- M/s. V. V. PATEL & CO. appointed as new statutory auditors.
- New auditors recommended for a five-year term.
- Shareholder approval required for the auditor appointment.
- AGM notice modified to include auditor appointment agenda.
Price Impact
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