
Auditor17 Aug 2026, 06:40 pm
Vikas EcoTech Appoints MASAR & Co. as New Statutory Auditor
AI Summary
Vikas EcoTech Ltd announced the resignation of its statutory auditor, M/s KSMC & Associates, and the appointment of M/s MASAR & Co. as the new statutory auditor. The board accepted the resignation and approved the appointment, which is subject to shareholder approval. MASAR & Co. will fill the casual vacancy and serve until the conclusion of the upcoming Annual General Meeting. The resignation of KSMC & Associates was due to the conclusion of their aggregate tenure as per rotation requirements, and an engagement partner's unavailability for limited review.
Key Highlights
- Vikas EcoTech accepted resignation of statutory auditor M/s KSMC & Associates.
- M/s MASAR & Co. appointed as new statutory auditor.
- Appointment is subject to shareholder approval.
- New auditor to fill casual vacancy until next AGM.
- Resignation due to auditor tenure completion and partner unavailability.
Price Impact
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