StockWatch
·
Auto -Dealer
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.