Darjeeling Ropeway Company Ltd — Updates, 28-07-2025: Company Update

Darjeeling Ropeway Company Limited has announced the resignation of its statutory auditor, M/s. K M Chauhan and Associates, citing pre-occupation with other work as the reason. The company confirmed that the resigning auditor raised no concerns regarding management or their decision. This operational change was reviewed by the Audit Committee. For investors, the lack of any reported issues by the outgoing auditor is a positive signal, indicating continuity in financial oversight. The company will proceed to appoint a new auditor.