Rajnandini Metal Limited — Others, 13-08-2025: Change in Auditors

Rajnandini Metal Limited's statutory auditor, KAP G & Associates, has resigned. The auditor attributed this to a disagreement over audit fees, explaining that increased financial reporting requirements necessitate additional procedures and higher fees. The company, however, preferred to maintain the existing fee structure. Importantly, the auditor clarified that their resignation is not due to any dispute or lack of information from management. They have completed audit reports through the quarter ended June 30, 2025. This means the company will now seek a new auditor, a key development for investor confidence in financial reporting.