StockWatch
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Non Banking Financial Company (NBFC)
Auditor29 May 2026, 12:07 am

508961: Statutory Auditor R S Dani & Co. resigns; Birla & Associates appointed

AI Summary

508961 announced the resignation of its statutory auditor, M/s R S Dani & Co., Chartered Accountants, effective May 28, 2026. The resignation was due to the expiry of their Peer Review Certificate, with no other concerns highlighted by the auditor. Concurrently, the Board of Directors, based on the Audit Committee's recommendation, approved the appointment of M/s Birla and Associates, Chartered Accountants, as the new statutory auditors. They will fill the casual vacancy from May 28, 2026, and hold office until the conclusion of the upcoming Annual General Meeting in 2026, subject to shareholder approval.

Key Highlights

  • R S Dani & Co. resigned as statutory auditor due to expired Peer Review Certificate.
  • No concerns were raised by the resigning auditor regarding the company.
  • Birla and Associates appointed as new statutory auditors from May 28, 2026.
  • New auditors will serve until the 2026 AGM, pending shareholder approval.