Auditor15 Aug 2026, 03:50 pm
Consecutive Commodities Ltd: Statutory Auditors Resign
AI Summary
Consecutive Commodities Ltd announced the resignation of its statutory auditors, M/s. S K Bhavsar & Co., Chartered Accountants, effective August 14, 2026. The resignation was reviewed by the Audit Committee, which found no concerns raised by the auditor regarding the company's management or affairs. The auditor cited recent changes in management and pre-existing professional commitments as reasons for their departure, confirming no material issues or non-compliance requiring reporting under the Companies Act, 2013.
Key Highlights
- Statutory auditors M/s. S K Bhavsar & Co. have resigned.
- Resignation is effective from August 14, 2026.
- Audit Committee reviewed the resignation; no concerns raised.
- Reasons cited: management changes and professional commitments.
- No adverse remarks or non-compliance reported by auditors.
Price Impact
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