Auditor19 May 2026, 12:40 pm
Yash Chemex: S. L. Patel Resigns, TRS & Associates Appointed Auditor
AI Summary
Yash Chemex Ltd announced the resignation of M/s S. L. Patel & Co as Statutory Auditors, effective May 19, 2026, due to the auditor's old age and medical reasons. Simultaneously, M/s TRS & Associates, Chartered Accountants, has been appointed as the new Statutory Auditors to fill the casual vacancy, also effective May 19, 2026. The appointment of TRS & Associates is subject to shareholder approval. The board meeting, where these decisions were made, commenced at 11:30 AM IST and concluded at 12:15 PM IST.
Key Highlights
- S. L. Patel & Co resigned as Statutory Auditors of Yash Chemex on May 19, 2026.
- Resignation was due to old age, medical reasons, and expired Peer Review Certificate.
- TRS & Associates appointed as new Statutory Auditors effective May 19, 2026, subject to shareholder approval.
- TRS & Associates will conduct the Statutory Audit for the financial year ended March 31, 2026.
- The Board meeting to approve these changes occurred on May 19, 2026.
Price Impact
More from YASHCHEM