StockWatch
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Diversified Commercial Services
Auditor13 Aug 2026, 06:11 pm

Healthy Investments Ltd: Statutory Auditors Resign, New Firm Appointed

AI Summary

Healthy Investments Ltd announced the resignation of its statutory auditors, M/s. Narasimha Rao & Associates, effective August 13, 2026. The resignation is attributed to manpower and resource constraints within the auditing firm, with no disagreements with the company's management or financial reporting. Concurrently, the Board of Directors, based on the Audit Committee's recommendation, approved the appointment of M/s. G. Nagendra Sundaram & Co. as the new statutory auditors. This appointment is subject to shareholder approval and will be effective until the conclusion of the next annual general meeting. The company also approved its unaudited financial results for the first quarter ended June 30, 2026, and accepted the resignation of its Company Secretary and Compliance Officer, Ms. Nisha Nagaraj Rao.

Key Highlights

  • Statutory auditors M/s. Narasimha Rao & Associates resign effective August 13, 2026.
  • New auditors M/s. G. Nagendra Sundaram & Co. appointed, pending shareholder approval.
  • Resignation due to firm's resource limitations, not management disagreement.
  • Company also accepted resignation of Company Secretary and Compliance Officer.
  • Unaudited Q1 FY27 financial results were approved.