Effwa Infra & Research Limited — Others, 28-02-2025: Change in Auditors

Effwa Infra & Research Ltd. has announced a board meeting regarding the resignation of its internal auditor, M/s Harsh Dedhia & Co., effective February 27, 2025. The resignation is attributed to personal reasons and other commitments. The departure of the internal auditor may raise concerns about ongoing oversight, potentially impacting investor sentiment regarding governance. However, the company's proactive communication suggests a commitment to maintaining transparency and stability in its operations, which could be viewed positively by investors focused on governance.