Auditor12 Aug 2026, 02:25 pm
Padmanabh Industries Ltd: Statutory Auditor Resigns
AI Summary
Padmanabh Industries Ltd announced the resignation of its statutory auditor, M/s. S K Bhavsar & Co., Chartered Accountant, effective August 12, 2026. The resignation is attributed to pre-existing professional commitments and a recent change in the company's management. The auditors confirmed there are no material reasons for their resignation beyond those stated and no adverse remarks to report regarding the company's affairs. The board meeting to approve this resignation was held on August 12, 2026.
Key Highlights
- Statutory auditor M/s. S K Bhavsar & Co. has resigned.
- Resignation is effective August 12, 2026.
- Reasons cited are professional commitments and management changes.
- Auditor confirms no adverse remarks or irregularities.
- Board meeting approved the auditor's resignation.
Price Impact
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