Ranjit Securities auditor resigns citing personal reasons

M/s Ritesh Talreja & Associates has resigned as the statutory auditor of ranjit securities effective June 17, 2026. The firm cited unavoidable personal reasons for its decision to step down from the role. The resignation creates a casual vacancy that the company must address under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

The auditor was appointed on April 4, 2026, with a term scheduled to expire at the Annual General Meeting for FY 2026. Prior to the resignation, no audit reports had been submitted by the firm. The disclosure confirms that there were no material reasons for the resignation other than the personal constraints stated by the auditor.

Resignation Details

The filing submitted to BSE Limited outlined the specifics of the auditor’s departure and the regulatory context. The company confirmed that it would take the necessary steps to fill the vacancy and inform the stock exchange in due course.

Detail	Information
Name of Auditor	M/s Ritesh Talreja & Associates
Firm Registration No.	017981C
Date of Resignation	June 17, 2026
Reason for Resignation	Unavoidable personal reasons
Date of Appointment	April 4, 2026
Term Expiry	Annual General Meeting for FY 2026

Auditor Confirmation

M/s Ritesh Talreja & Associates confirmed that the information provided in the resignation letter was correct and complete. The firm stated there were no other material reasons for the resignation beyond those disclosed. The auditor also confirmed that the inability to obtain sufficient appropriate audit evidence was not due to management-imposed limitations or circumstances beyond management's control, and that the lack of information would not have a significant impact on the financial statements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.81%	-1.21%	-0.76%	+341.39%	+831.30%	+831.30%

Ranjit Securities reported a profit of ₹6.67 lakh for the financial year ended March 31, 2026, a significant decrease from ₹51.03 lakh in the previous year. The decline in profitability was driven by a sharp rise in total expenses, which increased to ₹167.86 lakh from ₹77.74 lakh in FY25, despite revenue from operations growing to ₹162.12 lakh from ₹89.81 lakh. The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditor, M/s Ritesh Talreja & Associates, provided an unmodified opinion on the financial results. The meeting also saw the appointment of Mr. Gaurav Agrawal as Secretarial Auditor and M/s Jain Sachin & Associates as Internal Auditor for the financial year 2026-27. Additionally, the board approved changing the company's name from Ranjit Securities Limited to Ranjit Finance Limited.

Financial Performance

For the quarter ended March 31, 2026, the company reported a loss of ₹24.87 lakh compared to a profit of ₹22.75 lakh in the preceding quarter ended December 31, 2025. Revenue for the quarter stood at ₹17.19 lakh, while total expenses were ₹51.20 lakh. The company's shares, which were suspended from trading at the BSE, were relisted on November 27, 2025, following approval for revocation on November 19, 2025.

Key Financial Metrics

Metric	FY26 (₹ Lakh)	FY25 (₹ Lakh)
Revenue from Operations	162.12	89.81
Total Revenue	179.36	142.44
Total Expenses	167.86	77.74
Net Profit	6.67	51.03
Earnings Per Share (Basic)	0.25	1.90

The board's approval is necessary for the finalization of the audited financial results, which will subsequently be disclosed to the stock exchanges. The statutory auditor's report confirms the financial statements present a true and fair view of the company's financial position for FY26.