Shalimar Paints LimitedSHALPAINTSNSE
Change in Auditors of the company
As filed · Shalimar Paints Limited has informed the Exchange regarding Change in Auditors of the company.
GovernanceCriticalmateriality 91 out of 100
What happened
FactChange in Auditors of the company. Regulations, 2015 (“Listing Regulations”) – Resignation of Statutory Auditor of the Company. Chandiok & Co. LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) vide letter dated.
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 body
- Matched on:
- body text (weaker evidence than a subject match)
- Confidence in the event type:
- 50%