Auditor25 Jul 2026, 05:20 pm
Luxury Time Ltd Statutory Auditor Resigns
AI Summary
Luxury Time Ltd has announced the resignation of its statutory auditor, M/s. S A R N U M & CO. LLP, Chartered Accountants, effective July 25, 2026. The resignation is attributed to pre-occupation and increased professional commitments restricting the auditor from devoting adequate time to the company's audit affairs. The auditor has confirmed there are no other material reasons for their resignation and has not raised any concerns with the management. The company will take necessary steps to fill the casual vacancy in accordance with applicable laws.
Key Highlights
- Statutory auditor M/s. S A R N U M & CO. LLP has resigned.
- Resignation is effective from July 25, 2026.
- Reason cited is auditor's pre-occupation and professional commitments.
- Auditor confirms no other material reasons for resignation.
- Company to fill the casual vacancy.
Price Impact
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