Auditor13 Jul 2026, 08:30 pm
Nuvoco Vistas Corporation Ltd: Statutory Auditors M S K A & Associates LLP Resign
AI Summary
Nuvoco Vistas Corporation Ltd announced the resignation of its statutory auditors, M S K A & Associates LLP. The auditors cited completion of their permissible 10-year term as per Section 139 of the Companies Act, 2013, having audited the company's financial statements for 10 financial periods from FY 2016-17 to FY 2025-26. The resignation is effective from the conclusion of the Board meeting held on July 13, 2026. The Audit Committee and Board of Directors have taken note of the resignation. M S K A & Associates LLP were initially appointed to fill a casual vacancy and subsequently re-appointed for a second term at the 23rd AGM on August 5, 2022, to hold office until the 28th AGM in 2027.
Key Highlights
- Statutory Auditors M S K A & Associates LLP have resigned.
- Resignation due to completion of the permissible 10-year audit term.
- Audited financial statements for FY 2016-17 to FY 2025-26.
- Resignation effective from July 13, 2026 Board meeting conclusion.
- Audit Committee and Board have accepted the resignation.
Price Impact
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