Auditor13 Aug 2026, 06:22 pm
IL&FS Investment Managers Auditor Resigns
AI Summary
IL&FS Investment Managers Limited announced that its statutory auditors, M/s. KKC & Associates LLP, have tendered their resignation effective August 13, 2026. The resignation is attributed to the company's proposed alignment of statutory auditors across various entities within the IL&FS Group. KKC & Associates LLP confirmed they have completed and issued their Limited Review Report for the quarter ended June 30, 2026, prior to their resignation. The auditors have provided detailed reasons and information as required by SEBI regulations.
Key Highlights
- Statutory auditors KKC & Associates LLP have resigned.
- Resignation is effective from August 13, 2026.
- Reason cited is group-wide auditor alignment.
- Auditors completed Q1 FY27 review before resigning.
Price Impact
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