
Auditor13 Aug 2026, 07:51 pm
Oswal Greentech Auditor Resigns Over Fee Dispute
AI Summary
Oswal Greentech Limited has announced the resignation of its statutory auditor, M/s. Mehta Chokshi & Shah LLP. The resignation is effective from August 11, 2026. The auditors cited "constraints relating to audit fees" as the reason for their departure, stating that their fee proposal for the financial year 2026-27 was not approved by the company. They emphasized that this is a business decision based solely on non-agreement on fees and that there are no other circumstances to report. The company will need to appoint a new statutory auditor to fill the vacancy.
Key Highlights
- Statutory auditor M/s. Mehta Chokshi & Shah LLP has resigned.
- Resignation is effective August 11, 2026.
- Reason cited is disagreement over audit fees.
- Company must appoint a new statutory auditor.
Price Impact
More from OSWALGREEN