
Auditor8 Aug 2026, 10:20 pm
Mayur Leather Products Ltd Statutory Auditors Resign
AI Summary
Mayur Leather Products Ltd announced that its statutory auditors, M/s. JAIN PARAS BILALA & CO., Chartered Accountants, have resigned. The resignation is effective from August 13, 2026, or upon the approval of the financials for the quarter ended June 30, 2026, whichever is later. The auditors cited their firm's periodic review of professional engagements as the reason for resignation. Importantly, the company stated there are no concerns raised by the auditor with respect to management and no material reason for the resignation. The Audit Committee and Board will consider appointing new statutory auditors to fill the casual vacancy.
Key Highlights
- Statutory auditors JAIN PARAS BILALA & CO. have resigned.
- Resignation effective August 13, 2026, or post-Q1 FY27 financials approval.
- No disagreement or material reason cited for the resignation.
- Company to appoint new auditors to fill the casual vacancy.
Price Impact
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