StockWatch
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Other Industrial Products
Auditor30 Jun 2026, 12:22 pm

Quest Flow Controls Ltd: Statutory Auditors Resign

AI Summary

Quest Flow Controls Ltd has announced the resignation of its statutory auditors, M/s. Bilimoria Mehta & Co., Chartered Accountants. The auditors cited internal restructuring and the exit of partners handling the audit engagement as the reason for their inability to continue. The resignation is effective June 29, 2026. The company confirmed that there are no concerns raised by the auditors regarding the management and no material reason for the resignation beyond what was stated. The Audit Committee and Board will consider appointing new statutory auditors to fill the casual vacancy.

Key Highlights

  • Statutory auditors M/s. Bilimoria Mehta & Co. have resigned.
  • Resignation is effective June 29, 2026.
  • Reason cited is internal restructuring and partner exits.
  • No material concerns raised by auditors regarding management.
  • New auditors will be appointed to fill the vacancy.