Auditor10 Oct 2026, 05:50 pm
Ajel Ltd: Statutory Auditors GMK & Co Resign
AI Summary
Ajel Limited announced that its Statutory Auditors, M/s GMK & Co, have resigned from their position effective October 9, 2026. The resignation was accepted by the Board of Directors and the Audit Committee. The auditors cited pre-occupation and other professional commitments as the reason for their resignation. Both the Audit Committee and the Board expressed appreciation for GMK & Co's contributions. The company is in the process of appointing a new auditor to fill the casual vacancy.
Key Highlights
- Statutory Auditors M/s GMK & Co have resigned.
- Resignation effective October 9, 2026.
- Reason cited is pre-occupation and professional commitments.
- Audit Committee and Board accepted the resignation.
- Company will appoint a new auditor soon.
Price Impact
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