Auditor20 Jun 2026, 05:30 pm
Shree Securities: Statutory Auditor R.K. Kankaria & Co. Resigns
AI Summary
Shree Securities Ltd has received an advance intimation of resignation from its statutory auditor, M/s R.K. Kankaria & Co., Chartered Accountants. The resignation will be effective from the date of declaration of financial results for the first quarter ended June 30, 2026. The auditor cited 'preoccupation elsewhere' as the reason for resignation. They have completed the audit for the financial year ended March 31, 2026, and will provide the review for the June quarter if provided with necessary documents. The auditor's term was set to conclude at the AGM for FY 2027-28.
Key Highlights
- Statutory auditor R.K. Kankaria & Co. has submitted an advance intimation of resignation.
- Resignation effective from the date of Q1 FY27 financial results declaration.
- Auditor completed FY26 audit; review for Q1 FY27 pending document availability.
- Company to make arrangements for appointing a new auditor.
Price Impact
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