Neelkanth Rock-Minerals Limited has announced the resignation of its statutory auditors, M/s Shambhu Gupta & Co. The resignation is effective from the close of business hours on October 30, 2026. The company’s Board of Directors has considered and approved this resignation during a meeting held on the same date. The auditors cited preoccupation with other professional assignments as the reason for their inability to devote sufficient time to the company’s affairs.
Statutory Auditors Resign
Neelkanth Rock-Minerals Limited has formally notified the BSE of the resignation of its statutory auditors, M/s Shambhu Gupta & Co. (Chartered Accountants, FRN: 007234C). The resignation is effective as of the close of business hours on October 30, 2026.
Board Approval and Reason for Resignation
The resignation was considered and approved by the company’s Board of Directors during a meeting held on October 30, 2026. According to the provided details, the auditors have resigned due to their preoccupation with other professional assignments, which has made them unable to devote sufficient time to the affairs of Neelkanth Rock-Minerals Limited.
Disclosure Requirements Fulfilled
The company has provided details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors confirmed that there are no other material reasons or circumstances related to their resignation that necessitate further disclosure to the company, its shareholders, creditors, or any regulatory authority. The meeting where the resignation was discussed commenced at 03:30 P.M. and concluded at 05:30 P.M.
Source: BSE
