Optimus Finance Auditor Resigns Over Audit Fee Dispute
Optimus Finance Ltd announced the resignation of its statutory auditors, M/s. Shah Mehta and Bakshi, Chartered Accountants, effective August 14, 2026. The resignation was accepted by the Board of Directors at a meeting held on the same date. The auditors cited reasons related to ongoing discussions with management regarding a proposal to increase statutory audit fees. The company's Audit Committee and Board expressed appreciation for the auditors' contributions. The resignation is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Statutory auditors M/s. Shah Mehta and Bakshi have resigned.
- Resignation is effective August 14, 2026.
- Reason cited is a dispute over proposed audit fees.
- Board of Directors has accepted the resignation.
- Company appreciates auditors' past contributions.
Price Impact
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