Auditor2 Sept 2026, 07:01 pm
Vivid Mercantile Ltd Statutory Auditor Resigns
AI Summary
Vivid Mercantile Limited has announced the resignation of its statutory auditors, M/s. Shah Karia and Associates, Chartered Accountants. The resignation is effective from September 2, 2026, due to personal reasons cited by the auditors. The company stated that there are no concerns raised by the resigning auditor with respect to the management, and no material reason for the resignation. The Audit Committee and Board will appoint new statutory auditors to fill the casual vacancy in due course.
Key Highlights
- Statutory auditors Shah Karia and Associates have resigned.
- Resignation is effective September 2, 2026.
- Auditors cited personal reasons for their inability to continue.
- No concerns were raised by the auditor regarding company management.
- New auditors will be appointed to fill the casual vacancy.
Price Impact
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