StockWatch
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Plastic Products - Industrial
Auditor11 Aug 2026, 06:43 pm

Advance Multitech Ltd: Statutory Auditors Resign

AI Summary

Advance Multitech Ltd announced the resignation of its statutory auditors, M/s Suresh R Shah & Associates, Chartered Accountants, effective August 11, 2026. The resignation was considered and noted by the Board of Directors during a meeting held on the same day. The company also disclosed its standalone un-audited financial results for the quarter ended June 30, 2026, reporting a total income of ₹486.72 and a net profit after tax of ₹427.89. The limited review report from the outgoing auditors was also submitted.

Key Highlights

  • Statutory auditors M/s Suresh R Shah & Associates have resigned.
  • Resignation effective August 11, 2026.
  • Board of Directors noted the auditor's resignation.
  • Q1 FY27 results show ₹486.72 Cr income and ₹427.89 Cr net profit.
  • Limited review report submitted by outgoing auditors.