Simbhaoli Sugars Subsidiary Auditor Resigns

Simbhaoli Sugars Limited announced the resignation of MSKA & Associates LLP as the statutory auditor for its subsidiary, Simbhaoli Power Private Limited. The resignation is effective for the financial year 2026-27. MSKA & Associates LLP cited internal quality control frameworks and client/engagement continuance evaluation as reasons for their decision. They have completed the audit for the financial year 2025-26 and issued a disclaimer of opinion report. The resignation comes while Simbhaoli Sugars is undergoing Corporate Insolvency Resolution Process (CIRP).