Gujarat Raffia Industries Ltd Statutory Auditor Resigns

Gujarat Raffia Industries Ltd announced the resignation of its statutory auditors, M/s. KPSJ & Associates LLP, Chartered Accountants. The resignation is effective from August 14, 2026. The auditors cited increased professional commitments and engagement in new assignments as the reason for their inability to continue. The company's Audit Committee and Board of Directors will initiate the process to appoint a new statutory auditor in compliance with the Companies Act, 2013, and SEBI LODR Regulations. The resignation letter was received by the company on August 14, 2026.