Auditor24 Apr 2026, 06:12 pm
Avance Technologies' Statutory Auditor Rishi Sekhri & Associates Resigns
AI Summary
Avance Technologies Ltd announced the resignation of its Statutory Auditor, M/s. Rishi Sekhri & Associates, Chartered Accountants, effective April 24, 2026. The auditor cited serious medical conditions and an inability to perform statutory audit duties effectively as the reason for their resignation. M/s. Rishi Sekhri & Associates was appointed for a five-year term from FY 2022-23 to FY 2026-27. The last audit report submitted was for the half-year ended September 30, 2025. The company's Board will initiate steps to appoint a new Statutory Auditor to fill the casual vacancy and will inform the exchange accordingly.
Key Highlights
- Statutory Auditor M/s. Rishi Sekhri & Associates resigned.
- Resignation is effective from April 24, 2026.
- Reason cited is serious medical conditions of the proprietor.
- Company will appoint a new auditor to fill the vacancy.
- Auditor was appointed for FY22-23 to FY26-27 term.
Price Impact
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