Kamdhenu Ventures LimitedKAMOPAINTSNSE
Resignation of M. M C Bhandari & Co., Chartered Accountants, Statutory Auditors of Material Subsidiary…
As filed · Kamdhenu Ventures Limited has informed the Exchange regarding Resignation of M/s. M C Bhandari & Co., Chartered Accountants, Statutory Auditors of Material Subsidiary Company namely Kamdhenu Colour an
GovernanceDeterioratingCriticalmateriality 91 out of 100
What happened
FactKamdhenu Ventures Limited has informed the Exchange regarding Resignation of M/s. M C Bhandari & Co., Chartered Accountants, Statutory Auditors of Material Subsidiary Company namely Kamdhenu Colour and Coatings Limited w.e.f. Phiroze Jeejeebhoy Towers,. Colour and Coatings Limited w.e.f.
Why it matters
CapitSignal interpretationAn auditor leaving mid-term removes the independent check on the accounts, and the stated reason is itself disclosable information.
Watch next
Fact- The reason given in the resignation letter
- Who is appointed in their place, and how quickly
- Whether the next results are delayed
Evidence
How CapitSignal classified this
- Reasoning:
- AUDITOR_RESIGNATION base 86; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%