
Auditor23 Sept 2026, 07:50 pm
Transgene Biotek Auditors Resign Due to Pre-occupation
AI Summary
Transgene Biotek Ltd has announced the resignation of its statutory auditors, M/s. Vasavi & Co., Chartered Accountants (FRN:020965S). The auditors cited pre-occupation with other assignments as the reason for their resignation, stating they are unable to devote sufficient time to the company's affairs. The company will initiate the process to appoint a new statutory auditor in compliance with the Companies Act, 2013, and SEBI LODR Regulations.
Key Highlights
- Statutory auditors M/s. Vasavi & Co. have resigned.
- Reason cited is pre-occupation with other assignments.
- Company to appoint a new statutory auditor.
- Resignation is effective immediately.
Price Impact
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