Auditor31 Oct 2026, 07:31 pm
Transgene Biotek Ltd: Auditors Eswara Rao & Co. Resign
AI Summary
Transgene Biotek Ltd has submitted additional details to BSE regarding the resignation of its statutory auditors, M/s. Eswara Rao & Co., Chartered Accountants. The auditors cited "unforeseen circumstances" as the reason for their resignation, which became effective on October 28, 2026. They were appointed on October 10, 2026, to fill a casual vacancy. The auditors confirmed they had not commenced audit work and had no concerns regarding management cooperation. The company is complying with SEBI disclosure requirements.
Key Highlights
- Statutory auditors M/s. Eswara Rao & Co. have resigned.
- Reason for resignation cited as "unforeseen circumstances".
- Auditors were appointed on October 10, 2026, to fill a casual vacancy.
- No audit work had commenced prior to resignation.
- Company is providing additional details as per SEBI regulations.
Price Impact
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