StockWatch
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Sugar
Auditor27 Aug 2026, 05:40 pm

Indian Sucrose Ltd Secretarial Auditor Resigns

AI Summary

Indian Sucrose Ltd announced the resignation of its Secretarial Auditor, M/s Manoj Purbey & Associates. The resignation is effective immediately. The auditor cited the inability to continue the assignment due to lack of complete and timely access to original statutory records within a reasonable period, impacting their ability to uphold professional diligence and independence as required for the Secretarial Audit under Form MR-3. The company stated it provided all relevant records and cooperation, but the auditor's letter indicates a divergence in perception regarding access to information. The company will appoint a new Secretarial Auditor to fill the vacancy.

Key Highlights

  • Secretarial Auditor M/s Manoj Purbey & Associates has resigned.
  • Resignation due to lack of timely access to statutory records.
  • Company claims full cooperation was provided.
  • New auditor to be appointed to fill the vacancy.