
Auditor12 Aug 2026, 02:33 pm
Futuristic Securities Audit Committee Approves New Statutory Auditors
AI Summary
Futuristic Securities Ltd announced that its Audit Committee, in a meeting held on August 11, 2026, reviewed and deliberated on the resignation of M/s. MAKK & Co. as Statutory Auditors. The resignation was tendered due to the merger of M/s. MAKK & Co. with M/s. MKPS & Associates LLP. The Audit Committee found no material concerns beyond the stated reason. Consequently, the committee recommended the appointment of M/s. MKPS & Associates LLP as the new Statutory Auditors to fill the casual vacancy, subject to shareholder approval.
Key Highlights
- Audit Committee reviewed resignation of statutory auditors M/s. MAKK & Co.
- Resignation due to merger of M/s. MAKK & Co. with M/s. MKPS & Associates LLP.
- No other material concerns noted by the Audit Committee.
- Recommended appointment of M/s. MKPS & Associates LLP as new auditors.
- Appointment subject to member approval.
Price Impact
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