Auditor5 Sept 2026, 07:00 pm
MPF Systems Ltd: Statutory Auditor Resigns, New Firm Appointed
AI Summary
MPF Systems Ltd announced the resignation of its statutory auditor, M/s. S K Bhavsar & Co., effective September 05, 2026. The Board of Directors accepted the resignation, noting no reasons beyond those stated in the auditor's letter. The company has appointed M/s. Sarang Shivajirao Chavan and Associates as the new statutory auditors to fill the casual vacancy. This appointment is effective from September 05, 2026, and will continue until the next Annual General Meeting, subject to member approval. The Board expressed appreciation for the outgoing auditor's contributions.
Key Highlights
- Statutory auditor M/s. S K Bhavsar & Co. resigned on September 05, 2026.
- New auditor M/s. Sarang Shivajirao Chavan and Associates appointed.
- Appointment fills casual vacancy until the next AGM.
- Board accepted resignation and expressed appreciation.
Price Impact
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