
Auditor31 Oct 2026, 07:31 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 auditors, M/s Vasavi & Co., Chartered Accountants. 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. This submission follows an observation from BSE and provides the required clarifications under SEBI (LODR) Regulations, 2015. The auditors' appointment was effective from December 30, 2023, and was scheduled to expire on September 30, 2028. The company has requested that the revised corporate announcement and additional details be taken on record.
Key Highlights
- Statutory auditors M/s Vasavi & Co. have resigned.
- Reason for resignation: pre-occupation with other assignments.
- Resignation effective immediately.
- Additional details submitted to BSE as per SEBI regulations.
Price Impact
More from TRABI