Auditor14 Aug 2026, 05:34 pm
Maximus International Auditors Shah Mehta & Bakshi Resign
AI Summary
Maximus International Ltd announced that its Board of Directors has accepted the resignation of its Statutory Auditors, M/s. Shah Mehta and Bakshi, Chartered Accountants. The resignation is effective from August 13, 2026. The company expressed appreciation for the auditors' contributions. The reasons for resignation are detailed in the auditors' letter dated August 13, 2026, which cites a proposal to increase audit fees as a factor. The company will appoint new auditors in due course. The information is disclosed as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Statutory Auditors Shah Mehta and Bakshi have resigned.
- Resignation is effective from August 13, 2026.
- Board of Directors has accepted the resignation.
- Appreciation extended to the resigning auditors.
- Reason cited includes a proposal to increase audit fees.
Price Impact
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