Valor Estate Limited — Others, 14-11-2024: Change in Auditors

M/s. Jain Anil & Associates has resigned as the Statutory Auditor of Neelkamal Realtors Tower Private Limited, effective immediately. The firm, which was appointed until the conclusion of the 19th Annual General Meeting in 2025, cited age-related health issues for their decision. Prior to their resignation, they submitted the Limited Review Report for the financial results for the quarter ended September 30, 2024. This shift could lead to a temporary vacuum in audit oversight, potentially impacting investor confidence as the company seeks a new auditor, raising a potential risk for stakeholders.