Auditor27 May 2026, 02:12 pm
Cupid Breweries: Statutory Auditor Resignation Details
AI Summary
Cupid Breweries And Distilleries Ltd submitted information regarding the resignation of their Statutory Auditor, M/s. H Rajen & Co, following an earlier disclosure on November 17, 2025. The resignation letter was received on November 16, 2025. The company has now received and submitted the information required under SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019. The auditor resigned due to the submission of data/documents/information not being acceptable for conducting the Limited review audit and peer pressure from the board/management.
Key Highlights
- M/s. H Rajen & Co resigned as Statutory Auditor effective November 16, 2025.
- The resignation was triggered by limitations in data access for audit review.
- The company has submitted required information under SEBI Circular dated October 18, 2019.
- Auditor cited peer pressure from the board/management as a reason for resignation.
Price Impact
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