Corporate Merchant Bankers Ltd — Important, 30-01-2026: Company Update

Corporate Merchant Bankers Limited announced the resignation of its Statutory Auditor, M/s. J Singh & Associates. The auditor cited internal firm challenges, specifically a key partner's departure and acute staff shortages, as reasons for their inability to allocate sufficient team strength and complete audits within stipulated timelines. The company's Audit Committee reviewed the resignation and confirmed that the auditor raised no concerns regarding management or the company's operations. This update means the company will proceed with appointing a new auditor, a crucial step for maintaining financial oversight and shareholder confidence.