Auditor16 Jun 2026, 04:05 pm
Indo Us Bio-Tech Appoints New Statutory & Internal Auditors
AI Summary
Indo Us Bio-Tech Ltd announced changes in its audit team following a Board of Directors meeting on June 16, 2026. M/s. Gautam N Associates resigned as Statutory Auditor, and M/s. Bhagat & Associates have been appointed as their replacements, subject to shareholder approval. Additionally, M/s. Raj Shah & Co. resigned as Internal Auditor, with M/s. J. M. Raval & Co. appointed to the role for a five-year term starting FY2026-27. The changes are attributed to administrative and operational restructuring.
Key Highlights
- New statutory auditor Bhagat & Associates appointed.
- New internal auditor J. M. Raval & Co. appointed for five years.
- Resignations of previous statutory and internal auditors noted.
- Changes are due to administrative and operational restructuring.
Price Impact
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