Board Meeting1 Jun 2026, 03:20 pm
Skyline Ventures: Auditor Resignation & New Appointment
AI Summary
Skyline Ventures India Ltd's board meeting addressed the resignation of Statutory Auditor M/s K S Rao & Associates, effective May 27, 2026, and approved the appointment of M/s B N Pai & Co., Chartered Accountants, as the new Statutory Auditors, subject to shareholder approval. The board also reviewed the acquisition of SPVO Two Point O Ventures Tech Private Limited, making it a wholly-owned subsidiary. Additionally, the board reviewed pending financial results, NCLT proceedings, and interim forensic audit reports.
Key Highlights
- K S Rao & Associates resigned as Statutory Auditors, effective May 27, 2026.
- B N Pai & Co. appointed as new Statutory Auditors, subject to shareholder approval.
- Acquisition of SPVO Two Point O Ventures Tech Private Limited completed.
- Board reviewed pending financial results for FY 2024-25 and FY 2025-26.
- Interim Forensic Audit Reports submitted by M/s Sarat & Associates noted.
Price Impact
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