StockWatch
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Industrial Products
Auditor13 Aug 2026, 05:42 pm

Arigato Universe Ltd Auditor Resigns Over Fee Dispute

AI Summary

Arigato Universe Ltd announced the resignation of its statutory auditor, M/s. Bagdia & Company, Chartered Accountants. The resignation, effective August 13, 2026, stems from a disagreement over a proposed revision in audit fees. The auditors stated that the management did not accept their proposed fee revision, which they deemed necessary due to increased scope and regulatory changes. The company has completed the audit for the year ended March 31, 2026, and a limited review for several quarters. The Audit Committee and Board of Directors will address this resignation in their upcoming meetings.

Key Highlights

  • Statutory auditor M/s. Bagdia & Company resigns from Arigato Universe Ltd.
  • Resignation due to unresolved dispute over revised audit fees.
  • Auditor's term was scheduled to end in FY28.
  • Company to address auditor resignation in upcoming board meetings.