Auditor13 Nov 2026, 06:22 pm
TMT India Ltd: Statutory Auditor Resigns
AI Summary
TMT India Ltd has announced the resignation of its statutory auditor, M/s. Sathish Ramdeni & Co., Chartered Accountants, effective November 13, 2026. The auditor cited professional reasons related to the limited scale of business operations and fee structure in relation to the firm's overall capacity and audit limits. The resignation letter states there are no concerns with the company's management or availability of records. The Audit Committee and Board will appoint a new statutory auditor to fill the casual vacancy.
Key Highlights
- Statutory auditor M/s. Sathish Ramdeni & Co. has resigned.
- Resignation is effective November 13, 2026.
- Reason cited is professional, related to business scale and firm capacity.
- No concerns raised by auditor regarding management or data.
- New auditor to be appointed to fill the casual vacancy.
Price Impact
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