Auditor5 Aug 2026, 02:23 pm
Terraform Realstate Auditors Resign Due to Fee Discrepancy
AI Summary
Terraform Realstate Ltd has announced the resignation of its statutory auditors, M/s. J. D. Zatakia & Co., effective August 4, 2026. The auditors cited that the existing fees are not commensurate with the time and effort required for their audit engagement and responsibilities. The company has provided the necessary details as per SEBI regulations. The auditors were appointed on September 27, 2024, for a five-year term ending in FY 2028-29. This resignation is effective from August 4, 2026.
Key Highlights
- Statutory auditors J. D. Zatakia & Co. have resigned.
- Resignation is effective August 4, 2026.
- Reason cited: Fees not commensurate with audit effort.
- Auditors were appointed on September 27, 2024.
Price Impact
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