Auditor30 Sept 2026, 08:31 pm
Vineet Laboratories Auditor Resigns
AI Summary
Vineet Laboratories Ltd has announced the resignation of its statutory auditor, M/s. NSVR & Associates LLP., Chartered Accountants. The resignation will be effective from the closing hours of September 29, 2026. The company stated that the auditor's decision is due to preoccupation with other assignments and not due to any inability to obtain sufficient audit evidence or any dispute with the management. The Audit Committee and Board of Directors will address this matter in their upcoming meetings and will propose a new statutory auditor for shareholder approval. The auditor has completed the audit for the financial year ended March 31, 2026, and issued their reports on August 25, 2026.
Key Highlights
- Statutory auditor NSVR & Associates LLP. has resigned.
- Resignation effective September 29, 2026.
- Reason cited: preoccupation with other assignments.
- No audit evidence issues or management disputes.
- New auditor to be appointed with shareholder approval.
Price Impact
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