Auditor6 Aug 2026, 05:30 pm
Simplex Castings Ltd: Statutory Auditor Resigns
AI Summary
Simplex Castings Ltd has announced the resignation of its statutory auditor, M/s. Harsh Jain & Associates. The resignation is effective from the closing hours of the board meeting on August 14, 2026, after the submission of the Limited Review Report for the quarter ended June 30, 2026. The auditor cited 'pre-occupation with other professional commitments' as the reason for resignation. The company's Audit Committee and Board of Directors will address this at their upcoming meetings to fill the casual vacancy. The resigning auditor has not raised any concerns regarding the company's management.
Key Highlights
- Statutory auditor M/s. Harsh Jain & Associates has resigned.
- Resignation effective post-submission of Q1 FY27 review report.
- Reason cited: auditor's pre-occupation with other commitments.
- Company to fill the casual vacancy in accordance with regulations.
- No management concerns raised by the resigning auditor.
Price Impact
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