Kalpa Commercial auditor SGR & Associates resigns effective August 29
- M/s SGR & Associates LLP resigns as statutory auditor of Kalpa Commercial
- Resignation effective August 29, 2026, due to pre-occupation with other work
- Firm was appointed in September 2023 for a term ending in FY28
- No material reasons cited other than professional commitments
*this image is generated using AI for illustrative purposes only.
Kalpa Commercial announced the resignation of its statutory auditor, M/s SGR & Associates LLP, effective August 29, 2026. The firm cited pre-occupation with other professional assignments as the reason for stepping down from the role.
The resignation was communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s SGR & Associates LLP confirmed that there are no material reasons for the resignation other than those stated.
Auditor Tenure and Details
M/s SGR & Associates LLP was appointed as the statutory auditor at the company’s 39th Annual General Meeting held on September 29, 2023. The term was scheduled to expire at the conclusion of the 44th Annual General Meeting in FY28.
| Particulars | Details |
|---|---|
| Auditor Name | M/s SGR & Associates LLP |
| Appointment Date | September 29, 2023 |
| Effective Resignation | August 29, 2026 |
| Reason | Pre-occupation with other assignments |
The firm submitted its latest limited review report for the quarter ended June 30, 2026, to the stock exchanges on August 10, 2026. No concerns or management-imposed limitations were reported prior to the resignation.
Historical Stock Returns for Kalpa Commercial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.13% | +0.13% | -11.65% | -3.22% | -54.40% | +180.22% |
Will Kalpa Commercial appoint a new statutory auditor before the conclusion of the 44th Annual General Meeting in FY28, or will the role remain vacant?
How might the change in auditors impact investor confidence and the company's stock price in the short term?
Are there any pending regulatory reviews or compliance issues that could have influenced SGR & Associates LLP's decision to cite pre-occupation rather than other reasons?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
