IFB Industries announces the resignation of their cost auditors, Shome & Banerjee, Cost Accountants, effective January 23, 2026. The resignation is due to unavoidable circumstances at the auditor’s end. The company has initiated the process to appoint a new cost auditor and ensure compliance. This change does not impact the company’s financial operations or reporting schedule.
Cost Auditor Change
IFB Industries Limited has received a resignation letter from M/s. Shome & Banerjee, Cost Accountants, who served as the company’s cost auditors. The resignation is effective January 23, 2026.
Reason for Resignation
According to the official announcement, Shome & Banerjee cited certain unavoidable circumstances that prevent them from continuing their role as cost auditors for IFB Industries for the financial year ending March 31, 2026.
Next Steps
IFB Industries has acknowledged the resignation and is taking the necessary steps to appoint a new cost auditor in a timely manner to ensure continued compliance. No other relationships exist between the directors of the company and Shome & Banerjee.
Source: BSE