Auditor27 Aug 2026, 02:54 pm
SRU Steels Auditor BMGS & Associates Resigns
AI Summary
SRU Steels Limited has announced the resignation of its statutory auditor, BMGS & Associates, Chartered Accountants, effective August 26, 2026. The resignation is attributed to recent changes in the company's board of directors and management. BMGS & Associates stated there are no material reasons for their resignation beyond those mentioned in their letter. The audit for QE/YE March 31, 2026, and QE June 30, 2026, remains pending. The company has attached the resignation letter and relevant annexures detailing the information required under SEBI (LODR) Regulations, 2015.
Key Highlights
- Statutory auditor BMGS & Associates has resigned from SRU Steels.
- Resignation is effective August 26, 2026.
- Reason cited: changes in company's board and management.
- Pending audits for March 31, 2026, and June 30, 2026, quarters.
- No material reasons beyond stated ones for resignation.
Price Impact
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