StockWatch
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Software Products
Auditor3 Sept 2026, 07:40 pm

Olatech Solutions Ltd Statutory Auditor Resigns

AI Summary

Olatech Solutions Ltd has announced the resignation of its statutory auditor, M/s. Sachin & Associates, Chartered Accountants, effective September 3, 2026. The auditors cited professional and practical considerations, including pre-occupation with other assignments, as reasons for their inability to continue. The company stated that there are no concerns raised by the auditor regarding management or material reasons for the resignation. The Audit Committee and Board will appoint new auditors to fill the casual vacancy. The audit for the financial year ended March 31, 2026, has been completed and the report issued.

Key Highlights

  • Statutory auditor M/s. Sachin & Associates resigns effective September 3, 2026.
  • Resignation due to professional and practical considerations, not management concerns.
  • Audit for FY26 completed; report already issued.
  • Company to appoint new statutory auditors to fill casual vacancy.