Wardwizard Healthcare Limited's statutory auditor, M/s Mahesh Udhwani & Associates, resigned effective May 14, 2026, due to the non-receipt of required information and records in a timely manner. The auditor stated that despite repeated requests, the lack of necessary documents constrained the firm's ability to discharge professional responsibilities satisfactorily. This development impacts the company's financial oversight as it seeks a replacement auditor.

The resignation letter, addressed to the Board of Directors, highlighted that the firm was unable to continue its role effectively. M/s Mahesh Udhwani & Associates requested the company to file the necessary forms with the Registrar of Companies within the prescribed timelines and confirmed it would file Form ADT-3 under the Companies Act, 2013. The auditor's firm was initially appointed on August 11, 2023, and reappointed at the 39th AGM on September 29, 2023, with a term scheduled to expire at the conclusion of the 44th AGM in 2028.

Wardwizard Healthcare intimated the stock exchange regarding the resignation on June 15, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company attributed the delay in submission to an inadvertent oversight, clarifying there was no intention to withhold material information. The disclosure referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The auditor's latest report prior to resignation was dated May 30, 2026, covering the standalone financial statements and financial results for the year ended March 31, 2026. The disclosures confirmed that the inability to obtain sufficient appropriate audit evidence was not classified as a management-imposed limitation or due to circumstances beyond management's control. The auditor also stated there was no significant impact on the financial statements due to the lack of information provided at that stage.

Auditor Resignation Details

Wardwizard Healthcare Limited has accepted the resignation of Mr. Miteshkumar Ghanshyambhai Rana as Non-Executive Independent Director, effective June 30, 2026. The resignation, submitted on June 9, 2026, stems from personal commitments and increased professional engagements that prevent him from devoting adequate time to the role. Consequently, Mr. Rana will cease to be a member of the Audit Committee and Chairperson of the Nomination and Remuneration Committee of the company.

The Board of Directors placed on record its appreciation for the valuable contribution and guidance provided by Mr. Rana during his tenure. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Rana confirmed that there are no other material reasons for his resignation beyond those stated in his letter.

Details of Resignation

The company provided specific details regarding the change in directorship as required under Schedule III of the Listing Regulations. The cessation of directorship will occur after the close of business hours on the specified date.

Committee Memberships

Prior to the resignation becoming effective, Mr. Rana held directorships and committee memberships in several listed entities. His roles at Wardwizard Healthcare Limited included membership in the Audit Committee and the position of Chairperson in the Nomination & Remuneration Committee. These positions will be vacated automatically effective June 30, 2026.