Auditor31 Oct 2026, 01:31 pm
Transgene Biotek Ltd: Auditor Resignation Clarification Filed
AI Summary
Transgene Biotek Ltd has submitted additional details to BSE Limited regarding the resignation of its statutory auditor, M/s. Eswara Rao & Co., Chartered Accountants. The auditors cited pre-occupation with other assignments and insufficient time as the reason for their resignation, effective October 28, 2026. They confirmed no audit work had commenced and no impediments were faced during their brief tenure. The company is complying with SEBI (LODR) Regulations, 2015, and the Companies Act, 2013, for this disclosure.
Key Highlights
- Statutory auditor M/s. Eswara Rao & Co. resigned on October 28, 2026.
- Reason for resignation: pre-occupation with other assignments.
- Auditors confirmed no audit work had commenced.
- Company is providing additional details as per BSE observation.
- Compliance with SEBI (LODR) Regulations, 2015, and Companies Act, 2013.
Price Impact
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