StockWatch
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Investment Company
Auditor12 Jun 2026, 05:01 pm

Banas Finance Ltd: Secretarial Auditor Resigns

AI Summary

Banas Finance Ltd has announced the resignation of its Secretarial Auditor, M/s HRU & Associates. The resignation is effective immediately as of June 12, 2026. The auditors cited "other pre-occupations in other assignments" and "other personal reason" as the cause for their departure. The company stated that there are no concerns raised by the auditor regarding the management and no material reason for the resignation. The Audit Committee and the Board will appoint a new Secretarial Auditor in due course.

Key Highlights

  • Secretarial Auditor M/s HRU & Associates has resigned.
  • Resignation is effective immediately from June 12, 2026.
  • No concerns raised by the auditor regarding management.
  • New auditor to be appointed by the Board soon.