Mangal Compusolution Ltd — Updates, 08-08-2025: Company Update

Mangal Compusolution Limited's statutory auditors, M/s. MGB & CO LLP, have resigned. The auditors cited an inability to continue due to increased audit scope and enhanced regulatory requirements following the company's listing on the BSE SME Exchange. Their proposal to revise audit fees to cover the expanded scope, including half-yearly reviews, was not accepted by the company. This means the company will now need to appoint a new auditor. This development highlights the company's stance on audit costs amidst growing compliance needs.