Nutricircle board meets Sept 4 to appoint new statutory auditor

0 min read | Published on 01 Sept 2026, 07:58 PM |Updated on 01 Sept 2026, 07:58 PM

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Jubin VScanX News Team

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Key Highlights

Board meeting scheduled for September 4, 2026
Agenda includes appointment of new statutory auditor
Vacancy arises due to resignation of previous auditor
Meeting held at Hyderabad registered office

*this image is generated using AI for illustrative purposes only.

Nutricircle Limited has scheduled a board meeting for September 4, 2026, to address a casual vacancy in the position of statutory auditor. The meeting is set to begin at 11:00 am at the company’s registered office in Hyderabad.

The primary agenda item is the appointment of a new statutory auditor to replace the earlier auditor who resigned. The board will also consider any other matters with the consent of the chairman.

Board Meeting Details

The meeting is convened in pursuance of Regulation 29(1) and 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Detail	Information
Date	September 4, 2026
Time	11:00 am
Venue	Registered office, Hyderabad
Key Agenda	Appointment of statutory auditor

Hitesh Patel, Managing Director of Nutricircle Limited, signed the intimation sent to the BSE Limited on September 1, 2026. The company previously operated under the name Shreeyash Industries Limited.

Historical Stock Returns for Nutricircle

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.00%	+6.14%	0.0%	0.0%	0.0%	0.0%

What specific reasons led to the resignation of the previous statutory auditor, and does this indicate any underlying financial or governance concerns?

How might the selection of a new audit firm impact investor confidence and the company's credit rating in the near term?

Will the change in statutory auditor affect the timeline or scope of Nutricircle Limited's upcoming annual financial statement audits?

Nutricircle

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Nutricircle Ltd statutory auditor NSVR resigns over workload

1 min read | Published on 01 Sept 2026, 07:18 PM |Updated on 01 Sept 2026, 07:18 PM

Reviewed by

Riya DScanX News Team

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Key Highlights

NSVR & Associates LLP resigns as statutory auditor effective September 1, 2026
Cites pre-occupation with other assignments as the sole reason for departure
Firm was originally appointed in September 2023 for a term ending in 2028
Board will fill the casual vacancy in upcoming meetings

*this image is generated using AI for illustrative purposes only.

Nutricircle Limited announced that its statutory auditor, M/s. NSVR & Associates LLP, has resigned effective September 1, 2026.

The Hyderabad-based company disclosed the resignation to the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

NSVR & Associates LLP cited pre-occupation with other assignments as the reason for stepping down. The firm stated it was unable to devote sufficient time to the company’s affairs.

The resignation letter, dated September 1, 2026, was signed by partner R. Srinivasu. The firm confirmed there were no concerns or material reasons other than workload constraints prior to the resignation.

Timeline and Next Steps

NSVR & Associates LLP was appointed as statutory auditor at the 30th Annual General Meeting held on September 29, 2023. Their term was scheduled to expire at the conclusion of the 35th AGM in 2028.

The audit committee and board of directors will address the casual vacancy in their upcoming meetings. They will take necessary steps to appoint a new statutory auditor.

Key Facts

Particular	Details
Auditor Name	M/s. NSVR & Associates LLP
Effective Date	September 1, 2026
Reason	Pre-occupation in other assignments
Original Appointment	September 29, 2023
Scheduled Expiry	Post 35th AGM (2028)

The company has enclosed the resignation letter and required disclosures with the exchange filing.

Historical Stock Returns for Nutricircle

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.00%	+6.14%	0.0%	0.0%	0.0%	0.0%

How might the interim period without a statutory auditor impact Nutricircle's ability to finalize its upcoming quarterly financial results?

Will the board prioritize retaining a Big Four firm or a mid-tier auditor for the casual vacancy, and what does this signal about their cost structure?

Could the sudden resignation raise any red flags for investors regarding potential undisclosed governance or compliance issues within the company?

Nutricircle

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