ISL Consulting Limited has announced the resignation of its statutory auditors, M/s. Maak & Associates, Chartered Accountants. The resignation is effective immediately as of August 18, 2026. The auditors cited pre-occupations with other professional assignments and time constraints as the reason for their departure. The company has provided details of the resignation as per regulatory requirements, confirming no disagreement or qualification was involved.
Statutory Auditor Resigns from ISL Consulting
ISL Consulting Limited has officially informed stakeholders about the resignation of its statutory auditors, M/s. Maak & Associates, Chartered Accountants (Firm Registration No. 135024W). The resignation was tendered with immediate effect on August 18, 2026.
Reason for Resignation
According to the auditors’ letter, the resignation is a consequence of pre-occupations with other professional assignments and time constraints. This situation made it difficult for M/s. Maak & Associates to dedicate the necessary professional time and attention to the statutory audit and other related responsibilities of ISL Consulting Limited.
Confirmation of No Disagreements
Importantly, M/s. Maak & Associates confirmed that their resignation is not due to any concern, disagreement, qualification, or other matter relating to the management, financial statements, accounting practices, internal controls, compliance matters, or the overall functioning of ISL Consulting Limited. This confirmation is crucial for maintaining investor confidence.
Regulatory Disclosures
The company has provided details as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Annexures attached to the announcement detail the association with the auditor, including their appointment and scheduled expiry dates, along with the latest submitted audit report. The auditors also confirmed that no information requested by them was withheld and that no communication or efforts were required regarding concerns prior to the resignation.
Company’s Response
ISL Consulting Limited has acknowledged the resignation and has attached the auditor’s resignation letter and relevant annexures for review. The company has requested that the information be taken on record.
Source: BSE
