StockWatch
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Residential- Commercial Projects
Auditor17 Apr 2026, 08:01 pm

Mahesh Developers: Statutory Auditor Resigns, New Auditor Appointed

AI Summary

Mahesh Developers Limited's Board of Directors, at its meeting on April 17, 2026, noted the resignation of M/s. Bhairavi & Associates, Chartered Accountants, from the office of Statutory Auditor. The resignation was due to increased scope and reporting requirements. Concurrently, the Board approved the appointment of M/s. Sunit M. Chhatbar & Co., Chartered Accountants, as the new Statutory Auditor to fill the casual vacancy, subject to shareholder approval. Additionally, Mr. Khushal Bherulal Bajaj was appointed as the Secretarial Auditor for the Financial Year 2025-2026.

Key Highlights

  • Bhairavi & Associates resigned as Statutory Auditor due to increased scope.
  • Sunit M. Chhatbar & Co. appointed as new Statutory Auditor to fill vacancy.
  • New statutory auditor's appointment is subject to shareholder approval.
  • Khushal Bherulal Bajaj appointed as Secretarial Auditor for FY2025-26.