StockWatch
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Residential- Commercial Projects
Auditor24 Jul 2026, 02:54 pm

Rajeswari Infrastructure Auditors Resign Due to Commercial Terms

AI Summary

Rajeswari Infrastructure Ltd announced that its statutory auditors, M/s. K M K U & Associates, have resigned effective July 11, 2026. The auditors cited a material change in scope and responsibilities post-approval of a Resolution Plan, leading to a disagreement on revised professional remuneration. They clarified that the resignation is not due to any issues with the management regarding financial statements, accounting policies, or cooperation. The auditors were appointed on March 28, 2026, for a five-year term.

Key Highlights

  • Statutory auditors M/s. K M K U & Associates have resigned.
  • Resignation effective July 11, 2026, due to commercial terms.
  • No disagreement with management on financial matters.
  • Auditors appointed on March 28, 2026, for a five-year term.