StockWatch
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Non Banking Financial Company (NBFC)
Auditor12 Aug 2026, 03:56 pm

Futuristic Securities: Auditor Resignation Due to Firm Merger

AI Summary

Futuristic Securities Ltd has submitted a revised disclosure regarding the resignation of its statutory auditors, M/s. MAKK & Co. The resignation is effective August 11, 2026, and is a consequence of M/s. MAKK & Co. merging with M/s. MKPS & Associates LLP. The company's Board of Directors has appointed M/s. MKPS & Associates LLP as the new statutory auditors to fill the casual vacancy, subject to member approval at the upcoming General Meeting. The Audit Committee has reviewed the resignation and the reasons provided by the outgoing auditor.

Key Highlights

  • Statutory auditors M/s. MAKK & Co. have resigned effective August 11, 2026.
  • Resignation is due to the merger of M/s. MAKK & Co. with M/s. MKPS & Associates LLP.
  • M/s. MKPS & Associates LLP appointed as new statutory auditors.
  • Appointment is subject to shareholder approval at the General Meeting.
  • No concerns raised by outgoing auditor regarding company financials.