ISL Consulting Limited has announced the resignation of its statutory auditors, M/s. Maak & Associates (Chartered Accountants). The resignation is effective immediately from August 18, 2026. The firm cited pre-occupations with other professional assignments and time constraints as the reason for their departure. The company has provided details as per SEBI regulations, confirming no concerns related to the company’s management or financial reporting.
Statutory Auditor Resignation Announced
ISL Consulting Limited has formally informed the stock exchange about the resignation of its statutory auditors, M/s. Maak & Associates, Chartered Accountants. The resignation took effect on August 18, 2026. This development has been communicated in accordance with the requirements of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Reason for Resignation
In their resignation letter, M/s. Maak & Associates stated that their decision is due to pre-occupations with other professional assignments and time constraints, which have made it difficult to dedicate the necessary professional time and attention to the audit and related responsibilities of ISL Consulting Limited. The auditors have also confirmed that their resignation is not due to any disagreement, qualification, or other concern regarding the company’s management, financial statements, accounting practices, internal controls, or compliance matters.
Disclosure Details
As required, ISL Consulting Limited has provided comprehensive details regarding the change in auditors. This includes information about the appointment and tenure of the auditors, the reasons for the resignation, and a confirmation that there are no other material reasons for the resignation beyond those stated. The company has attached the resignation letter and relevant annexures as per the SEBI Master Circular and other applicable regulations.
Source: BSE
