StockWatch
·
Gems- Jewellery And Watches
Auditor6 Jul 2026, 07:00 pm

Shoora Designs Ltd Auditor Resigns Over Fee Disagreement

AI Summary

Shoora Designs Ltd has announced the resignation of its statutory auditor, M/s. Piyush Kothari & Associates. The auditors cited a disagreement over audit fees as the primary reason for their resignation, effective July 06, 2026. The company stated that there are no concerns raised by the auditor regarding management or material reasons for the resignation beyond the fee dispute. The Audit Committee and Board will proceed to appoint a new statutory auditor to fill the casual vacancy.

Key Highlights

  • Statutory auditor Piyush Kothari & Associates resigned from Shoora Designs Ltd.
  • Reason for resignation is disagreement over audit fees.
  • No material concerns or management issues cited by the auditor.
  • Company to appoint a new statutory auditor in due course.
  • Resignation is effective July 06, 2026.