Sacheta Metals' Statutory Auditors Resign Over Remuneration Dispute

Sacheta Metals Ltd has announced the resignation of its statutory auditors, M/s Murali & Venkat, Chartered Accountants, effective August 14, 2026. The resignation stems from a disagreement over audit remuneration, where the auditors cited increased professional effort, staffing, and resource requirements for listed entities. Despite communications and discussions, a mutually acceptable revision in fees could not be agreed upon. The auditors confirmed they have completed their limited review report for the quarter ended June 30, 2026, and stated there are no other material reasons for their resignation, nor any concerns regarding management cooperation or accounting matters.