Auditor13 May 2026, 07:21 pm
Modi Naturals: Doogar & Associates Resign as Statutory Auditors
AI Summary
Modi Naturals Ltd. announced the resignation of M/s Doogar & Associates as their Statutory Auditors, effective May 13, 2026. The resignation was accepted during a Board of Directors meeting held on the same day. The company has appointed M/s B. CHHAWCHARIA & CO. as the new Statutory Auditors, subject to shareholder approval at the upcoming General Meeting. The board acknowledged Doogar & Associates' contribution to the company's audit processes.
Key Highlights
- Doogar & Associates resigned as Statutory Auditors of Modi Naturals, effective May 13, 2026.
- The resignation was due to the firm's increased commitments and inability to dedicate necessary resources.
- B. CHHAWCHARIA & CO. appointed as new Statutory Auditors, subject to shareholder approval.
- Doogar & Associates completed the audit of financial statements for the year ended March 31, 2026.
- The company thanked Doogar & Associates for their contribution to the audit processes.
Price Impact
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