Auditor15 Jul 2026, 07:50 pm
KDJ Holidayscapes Auditor Resigns; New Auditors Appointed
AI Summary
KDJ Holidayscapes and Resorts Ltd announced the resignation of its statutory auditor, M/s D D Shah Patel & Co., effective July 14, 2026. The Board of Directors, in a meeting held on July 15, 2026, accepted the resignation. Concurrently, M/s. J M Patel & Bros., Chartered Accountants, have been appointed as the new statutory auditors to fill the casual vacancy until the ensuing Annual General Meeting, and also for a term of five financial years from FY 2026-27 to 2030-31, subject to shareholder approval. The company also noted resignations of its Managing Director and CFO, and announced changes in executive directorship and MD appointment.
Key Highlights
- Statutory auditor M/s D D Shah Patel & Co. resigned effective July 14, 2026.
- M/s J M Patel & Bros. appointed as new statutory auditors.
- New auditor appointment is for a casual vacancy and a 5-year term.
- Company also saw resignations of MD and CFO.
- Changes in executive directorship and MD appointment were approved.
Price Impact
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