StockWatch
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Healthcare Service Provider
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.