Auditor13 Aug 2026, 08:10 pm
Katare Spinning Mills Auditor Resigns Due to Firm Merger
AI Summary
Katare Spinning Mills Ltd has announced the resignation of its statutory auditor, M/s. G M Pawle and Associates. The resignation is effective from August 12, 2026. The auditor cited a restructuring and merger of their proprietary firm into a partnership firm, M/s. PMWC And Associates, as the reason for their inability to continue the audit assignment in their individual capacity. The auditor confirmed no other material reasons exist and has provided all necessary information and documentation as required by SEBI regulations and the Companies Act, 2013.
Key Highlights
- Statutory auditor M/s. G M Pawle and Associates has resigned.
- Resignation is effective August 12, 2026.
- Reason is the auditor's firm merging into a new partnership.
- No other material reasons for resignation were cited.
- All required documentation has been provided.
Price Impact
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