Vivid Mercantile's Statutory Auditor AKGVG & Associates Resigns Due to Firm Demerger Aug 12, 2025
Vivid Mercantile announced the resignation of its statutory auditor, M/S AKGVG & Associates, effective August 12, 2025. The resignation is due to a demerger within the auditing firm and the retirement of a key partner. AKGVG & Associates was appointed on February 26, 2025, and their last report was a Limited Review Report for Q1 FY2026. The company has complied with SEBI regulations in disclosing this event. Despite a 82.63% decrease in total income, Vivid Mercantile reported a 200.74% increase in net profit after tax for Q1 FY2026 compared to Q1 FY2025.
Vivid Mercantile Reports 82% Revenue Decline, Yet Net Profit Soars 200% Aug 11, 2025
Vivid Mercantile Reschedules Board Meeting to August 11 for Q1 FY2026 Results Aug 05, 2025