Ambassador Intra Holdings: Statutory Auditor Resigns

Ambassador Intra Holdings Limited's Board of Directors met on May 28, 2026. The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit report. The meeting also noted the resignation of Non-Executive Director Mr. Durgesh Pandey and the resignation of statutory auditors M/S MAARK & ASSOCIATES. The resignation of the auditors was attributed to concerns regarding proposed remuneration for the financial year 2026-27, which they felt would not be commensurate with the audit efforts required. M/S S. MANDAWAT & CO has been appointed as the new internal auditor for FY 2026-27.