
Auditor31 Aug 2026, 12:03 pm
Kaarya Facilities Auditors Resign Due to Commitments
AI Summary
Kaarya Facilities and Services Ltd has accepted the resignation of its statutory auditors, Piyush Kothari & Associates. The auditors cited "other pressing commitments and other pre-fixed assignments" as the reason for their resignation, stating they could not dedicate sufficient time to the company's audit. They confirmed that their resignation is not a reflection of any adverse issues with the company and that all necessary steps for a smooth transition have been discussed with the management. The auditors have completed their audit for the financial year 2025-26 and will be filing the ADT-3 form with the Registrar of Companies (ROC) shortly.
Key Highlights
- Statutory auditors Piyush Kothari & Associates have resigned.
- Reason cited is "pressing commitments" and "pre-fixed assignments".
- Resignation is effective immediately.
- Audit for FY25-26 has been completed.
- No adverse reflection on the company is intended.
Price Impact
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