Management Change26 Feb 2026, 02:43 pm
Inditrade Capital Ltd: Statutory Auditors, M/s. Kirtane & Pandit LLP, Resign Due to Management's Failure to Provide Timely Financial Information
AI Summary
Inditrade Capital Ltd's Statutory Auditors, M/s. Kirtane & Pandit LLP, have resigned due to the management's failure to provide complete, accurate, and timely financial information for the financial years 2023-2024 to 2027-2028. The auditors were appointed on August 11, 2023, but due to the management's non-cooperation, they were unable to perform necessary verification, assess compliance with applicable laws and accounting standards, or express any opinion or conclusion on the financial statements.
Key Highlights
- M/s. Kirtane & Pandit LLP, the Statutory Auditors of Inditrade Capital Ltd, have resigned due to the management's failure to provide timely financial information.
- The auditors were appointed for the financial years 2023-2024 to 2027-2028, but due to the management's non-cooperation, they were unable to discharge their professional responsibilities.
- The management's failure to provide complete, accurate, and timely financial information led to the auditors' inability to perform necessary verification, assess compliance with applicable laws and accounting standards, or express any opinion or conclusion on the financial statements.