Adeshwar Meditex Appoints New Statutory Auditor Following Resignation
Adeshwar Meditex Limited's Board of Directors has approved the appointment of M/s. Rajesh H. Gupta & Co. as the new statutory auditor, effective October 24, 2025. This decision follows the resignation of the previous auditor, M/s. J N Gupta & Co. LLP. The new auditor's term will last until the conclusion of the next Annual General Meeting, subject to shareholder approval. M/s. Rajesh H. Gupta & Co. is a professionally managed firm with expertise in various financial services. The appointment complies with SEBI regulations, and the company has informed the BSE Limited of this change.
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Adeshwar Meditex Limited has announced a significant change in its auditing structure. The company's Board of Directors has approved the appointment of a new statutory auditor, M/s. Rajesh H. Gupta & Co., following the resignation of the previous auditor, M/s. J N Gupta & Co. LLP.
Key Details of the Appointment
| Aspect | Details |
|---|---|
| New Auditor | M/s. Rajesh H. Gupta & Co. (Firm Registration No. 133884W) |
| Appointment Date | October 24, 2025 |
| Term | Until the conclusion of the next Annual General Meeting (AGM) |
| Reason for Change | To fill the casual vacancy caused by the resignation of previous auditor |
| Shareholder Approval | Required in the ensuing general meeting |
About the New Auditor
M/s. Rajesh H. Gupta & Co. is described as a professionally managed firm with extensive experience in providing various financial services. Their areas of expertise include:
- Statutory and Internal Audits
- Direct and Indirect Taxation
- Compliance and Regulatory Advisory
- Financial and Management Consultancy
- Certification and Due Diligence Assignments
The firm is known for maintaining high standards of integrity, independence, and professional ethics while delivering value-driven solutions to clients across diverse sectors.
Board Meeting Details
The decision was made during a Board of Directors meeting held on October 24, 2025. The meeting commenced at 05:30 P.M. (IST) and concluded at 06:00 P.M (IST), and involved the Audit Committee's recommendations.
Regulatory Compliance
This change in statutory auditor complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Adeshwar Meditex has duly informed the BSE Limited of this development, adhering to the necessary disclosure requirements.
The appointment of M/s. Rajesh H. Gupta & Co. as the new statutory auditor marks a significant corporate action for Adeshwar Meditex Limited. Shareholders will be required to approve this appointment in the upcoming general meeting.
Historical Stock Returns for Adeshwar Meditex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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