Omnipotent Industries' Statutory Auditors Resign Citing Other Commitments

1 min read     Updated on 27 Aug 2025, 06:20 PM
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Overview

Omnipotent Industries Limited announced the resignation of its statutory auditors, Arpan & Associates LLP, effective August 26, 2025. The auditing firm cited pre-occupation with other assignments as the reason for their departure. The company's Audit Committee and Board of Directors will address the resignation and take steps to fill the vacancy in compliance with regulations. This information was disclosed in a regulatory filing to the Bombay Stock Exchange on August 27, 2025, in accordance with SEBI regulations.

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Omnipotent Industries Limited announced the resignation of its statutory auditors, Arpan & Associates LLP, effective August 26, 2025. The company disclosed this information in a regulatory filing to the Bombay Stock Exchange (BSE) on August 27, 2025.

Resignation Details

Arpan & Associates LLP, a chartered accountancy firm registered under number AAU-0043, cited pre-occupation with other assignments as the reason for their resignation. The auditing firm submitted their resignation letter on August 26, 2025, which was promptly communicated to the stock exchange by Omnipotent Industries.

Company's Response

Gourav Piplonia, Director of Omnipotent Industries Limited, stated in the regulatory filing that the company's Audit Committee and Board of Directors will address the resignation at their upcoming meeting. The board will also initiate necessary steps to fill the resulting vacancy in compliance with applicable laws and regulations.

Regulatory Compliance

The company made this disclosure in adherence to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to promptly inform the stock exchanges about key developments that may affect their operations or stock performance.

About Omnipotent Industries Limited

Omnipotent Industries Limited is a company registered in Mumbai, Maharashtra, with its corporate identification number (CIN) being L74999MH2016PLC285902. The company's registered office is located at 205, Floor-2, Plot-1/3 Sujata Chambers, Abhaychand, Gandhi Marg, Mirchi Gully Mazid Station, Mumbai, Maharashtra, India, 400003.

Investors and stakeholders are advised to keep an eye on further announcements from the company regarding the appointment of new statutory auditors.

Historical Stock Returns for Omnipotent Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.66%-12.79%-3.97%-21.88%-92.03%
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