Oswal Agro Mills Auditor Resigns Over Fee Dispute

Oswal Agro Mills Limited announced the resignation of its statutory auditor, M/s. Mehta Chokshi & Shah LLP. The resignation is effective August 11, 2026. The auditor cited disagreements over audit fees as the reason for their departure, stating that the company did not approve their fee proposal for the financial year 2026-27. The firm emphasized that this is a business decision solely based on fee non-agreement and that there are no other circumstances to report. Oswal Agro Mills Limited is now required to appoint a new statutory auditor.