7NR Retail Limited has announced the resignation of its statutory auditor, M/s. S S R V & Associates, Chartered Accountants. The firm cited an inability to continue due to an increase in new assignments requiring substantial time and resources. The resignation is effective from the closure of working hours on August 13, 2026. The company confirmed no material concerns or disputes led to this decision and that the Audit Committee and Board will appoint a new auditor in due course.
Statutory Auditor Steps Down
7NR Retail Limited has formally notified the stock exchange regarding the resignation of its statutory auditor, M/s. S S R V & Associates, Chartered Accountants. This development is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Reason for Resignation
The auditor’s firm expressed their inability to continue their role due to being engaged in several new assignments that demand significant time, resources, and professional attention. Consequently, they are unable to devote the requisite time and diligence necessary to effectively discharge their responsibilities as statutory auditors for 7NR Retail Limited. The resignation is effective from the closure of working hours on August 13, 2026.
Company’s Confirmation
7NR Retail Limited stated that there are no concerns raised by the auditor with respect to the management of the company, nor any material reason for the resignation other than the workload stated. As such, no deliberation by the Audit Committee or disclosure of its views is deemed necessary. The company also confirmed that there are no disputes or concerns regarding the suppression of information by the management.
Next Steps
The Audit Committee and the Board of Directors will proceed to appoint new statutory auditors in due course to fill the casual vacancy created by this resignation. This appointment will be intimated accordingly. Information required by SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026, regarding the auditor’s resignation, has been provided.
Source: BSE
