StockWatch
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Other Consumer Services
Auditor1 Jul 2026, 06:10 pm

Exhicon Events Media Solutions Auditor Resigns

AI Summary

Exhicon Events Media Solutions Ltd has announced the resignation of its Statutory Auditors, M/s. Piyush Kothari & Associates (FRN:140711W), effective June 30, 2026. The auditors cited increasing professional effort and resources required for listed companies, coupled with commercially unviable audit remuneration, as the reason for their resignation. They confirmed completion of the audit for the financial year ended March 31, 2026, and issuance of their report on May 18, 2026. The company's Audit Committee and Board of Directors will address the resignation and initiate steps to fill the resulting casual vacancy.

Key Highlights

  • Statutory Auditors M/s. Piyush Kothari & Associates have resigned.
  • Resignation is effective June 30, 2026.
  • Reason cited: commercially unviable audit remuneration vs. required effort.
  • Audit for FY26 completed; report issued May 18, 2026.
  • Company to fill the casual vacancy.