StockWatch
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Residential- Commercial Projects
Auditor13 Aug 2026, 04:53 pm

Emami Realty Subsidiaries' Statutory Auditors Resign

AI Summary

Emami Realty Ltd has informed the stock exchanges about the resignation of M/s. S K Agrawal & Co Chartered Accountants LLP as the statutory auditors for its material subsidiaries, Sneha Ashiana Private Limited and Delta PV Private Limited. The resignation is effective August 12, 2026. The auditors cited pre-occupation in various assignments as the reason for their resignation and confirmed that they have not raised any concerns regarding the subsidiaries' affairs. The Audit Committee of Emami Realty has approved the resignation. The appointment of the auditors was effective September 26, 2024, with their term scheduled to expire on September 30, 2029.

Key Highlights

  • Statutory auditors resigned from Emami Realty's material subsidiaries.
  • Resignation effective August 12, 2026, due to auditor's pre-occupation.
  • No concerns raised by auditors regarding subsidiaries' affairs.
  • Audit Committee has approved the auditors' resignation.