Auditor21 May 2026, 06:21 pm
Glen Industries Appoints Tosniwal & Associates as Auditor
AI Summary
Glen Industries Ltd's board, on May 21, 2026, approved the appointment of M/s. Tosniwal & Associates as the new statutory auditors, subject to shareholder approval, following the resignation of M/s. S N Guha & Co due to non-renewal of their Peer Review Certificate. The audit committee has reviewed and accepted the resignation, noting no concerns raised by the outgoing auditors. Tosniwal & Associates will hold office until the next annual general meeting.
Key Highlights
- S N Guha & Co resigned as statutory auditors due to non-renewal of Peer Review Certificate.
- Audit Committee accepted S N Guha & Co's resignation, noting no concerns raised.
- Tosniwal & Associates appointed as new statutory auditors, subject to shareholder approval.
- Tosniwal & Associates to fill the casual vacancy until the next AGM.
- Board meeting on May 21, 2026, approved the auditor changes.
Price Impact
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