Crizac internal auditor Ghoshal & Co resigns

1 min read     Updated on 22 May 2026, 07:19 AM
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Crizac Limited announced the resignation of its internal auditor, Ghoshal & Co, effective May 21, 2026, due to preoccupation with professional commitments. The company confirmed there are no material reasons for the resignation, and the internal audit period was limited to March 31, 2026.

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Crizac Limited has informed the exchanges regarding the resignation of its internal auditor, Ghoshal & Co. The firm tendered its resignation effective May 21, 2026, citing time constraints and preoccupation with professional commitments as the primary reasons.

Resignation Details

The resignation was communicated via a letter dated May 21, 2026. Consequently, Ghoshal & Co, Chartered Accountants, ceased to act as the internal auditor of the company from the same date. The company confirmed that the internal auditor stated there are no material reasons for the resignation other than those mentioned in the letter.

Auditor Information

The disclosure provided specific details regarding the change in the internal auditor's position.

Sr.No. Particulars Details
a) Name of Internal Auditor Ghoshal & Co., Chartered Accountants, (FRN: 050177)
b) Reason for change Resignation due to preoccupation and professional commitments.
c) Date of cessation 21 May, 2026
d) Brief profile Not Applicable
e) Disclosure of relationships Not Applicable

The resignation letter from Ghoshal & Co noted that the internal audit period was limited to March 31, 2026. The firm expressed gratitude to the management and team for their support during its tenure. The information was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Crizac

1 Day5 Days1 Month6 Months1 Year5 Years
+6.63%+17.95%+11.91%-9.56%-22.36%-22.36%

Who will Crizac Limited appoint as its new internal auditor, and what timeline is the company targeting to fill this critical governance role?

Could the sudden mid-year departure of Ghoshal & Co. signal any underlying concerns about Crizac Limited's internal controls or financial reporting processes that investors should monitor?

How might the gap in internal audit coverage between May 21, 2026 and the appointment of a new auditor impact Crizac Limited's compliance with SEBI listing obligations?

Crizac Limited Appoints Uirtus Advisors LLP as Investor Relations Advisor

1 min read     Updated on 15 Apr 2026, 04:29 PM
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Crizac Limited has appointed Uirtus Advisors LLP, Kolkata as its Investor Relations Advisor effective April 15, 2026, in compliance with SEBI Regulation 30. The announcement was formally communicated to NSE and BSE by Company Secretary Kashish Arora, reflecting the company's commitment to transparent investor relations and regulatory compliance.

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Crizac Limited has announced the appointment of Uirtus Advisors LLP, Kolkata as its Investor Relations Advisor, marking a strategic move to enhance its investor communication capabilities. The appointment became effective from April 15, 2026, and was communicated to stock exchanges in compliance with regulatory requirements.

Regulatory Compliance and Communication

The company made this announcement in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was submitted to both major stock exchanges where Crizac Limited is listed.

Exchange Details: Information
National Stock Exchange: Symbol CRIZAC
BSE Limited: Scrip Code 544439
Effective Date: April 15, 2026
Advisor Firm: Uirtus Advisors LLP, Kolkata

Company Leadership and Authorization

The official communication was signed by Kashish Arora, who serves as the Company Secretary and Compliance Officer for Crizac Limited. Arora holds membership number A38644 and digitally signed the document on April 15, 2026. The appointment reflects the company's commitment to maintaining transparent investor relations and adhering to regulatory disclosure requirements.

About the Appointment

Uirtus Advisors LLP, based in Kolkata, will now serve as the designated Investor Relations Advisor for Crizac Limited. This appointment is part of the company's efforts to strengthen its investor communication framework and ensure compliance with listing obligations. The advisor will likely assist in managing investor queries, facilitating communication between the company and its stakeholders, and supporting various investor relations activities.

Crizac Limited, formerly known as Crizac Private Limited and GA Solutions Private Limited, operates in the education sector with the tagline "Making Education Easy." The company is incorporated under CIN L80903WB2011PLC156614 and maintains its registered office in Kolkata, West Bengal.

Historical Stock Returns for Crizac

1 Day5 Days1 Month6 Months1 Year5 Years
+6.63%+17.95%+11.91%-9.56%-22.36%-22.36%

What specific investor relations challenges is Crizac facing that prompted this advisory appointment?

How might this enhanced investor communication strategy impact Crizac's stock performance and market visibility?

Will Uirtus Advisors help Crizac explore new funding opportunities or strategic partnerships in the education sector?

More News on Crizac

1 Year Returns:-22.36%