
Auditor15 Jul 2026, 03:56 pm
Indo Us Bio-Tech Appoints New Statutory Auditor
AI Summary
Indo Us Bio-Tech Ltd has announced the resignation of its statutory auditors, M/s. Gautam N Associates, effective June 15, 2026, citing administrative and operational restructuring. The company's Board of Directors, upon recommendation from the Audit Committee, has approved the appointment of M/s. Bhagat & Associates as the new statutory auditor, subject to shareholder approval. The new auditor's term will commence from the date of board approval until the conclusion of the next General Meeting. Details regarding both the outgoing and incoming auditors, as required by SEBI regulations, have been provided.
Key Highlights
- Previous auditor M/s. Gautam N Associates resigned effective June 15, 2026.
- New auditor M/s. Bhagat & Associates appointed, pending shareholder approval.
- Resignation attributed to administrative and operational restructuring.
- New auditor's term is until the conclusion of the next General Meeting.
Price Impact
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