
Auditor11 Jun 2026, 07:11 pm
Resourceful Automobile Ltd: Board Approves Auditor Resignation and Appointment
AI Summary
Resourceful Automobile Ltd announced the outcome of its Board Meeting held on May 11, 2026. The Board accepted the resignation of M/s N G M K S & Associates as Statutory Auditors due to health reasons. Subsequently, upon recommendation of the Audit Committee and subject to shareholder approval, the Board approved the appointment of M/s Nahar V and Company as the new Statutory Auditors to fill the casual vacancy until the upcoming AGM in 2026. The meeting commenced at 5:00 p.m. and concluded at 5:45 p.m.
Key Highlights
- Board accepted resignation of Statutory Auditor M/s N G M K S & Associates.
- New Statutory Auditors M/s Nahar V and Company appointed.
- Appointment is to fill a casual vacancy until the 2026 AGM.
- Shareholder approval is required for the new auditor appointment.
Price Impact
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