Bits Ltd Statutory Auditors R C Chadda & Co. LLP Resign

Bits Ltd announced the resignation of its statutory auditors, M/s. R C Chadda & Co. LLP, Chartered Accountants (FRN 003151N), effective August 11, 2026. The auditors cited pre-occupied assignments requiring substantial time and resources as the reason for their resignation. Prior to resigning, they completed the audit for the financial year ended March 31, 2026, with an audit report dated May 25, 2026, and provided a limited review report for the quarter ended June 30, 2026, dated July 24, 2026. The company is required to make necessary filings with regulatory authorities.