Secretarial Auditor Resigns Citing Pre-occupation; New Firm Proposed at AGM
D. Hanumanta Raju & Co., Company Secretaries, have resigned as Secretarial Auditors with effect from 29th August, 2026, citing pre-occupation and other professional commitments.
- Resignation Effective Date
- 29th August, 2026
- Resigning Auditor
- D. Hanumanta Raju & Co., Company Secretaries
- Reason for Resignation
- Pre-occupation and other professional commitments
- Proposed New Auditor
- ARS & Associates Company Secretaries LLP
- AGM Date for Approval
- 30th September, 2026
What happened
M/s. D. Hanumanta Raju & Co., Company Secretaries, Hyderabad, have resigned as Secretarial Auditors of the company with effect from 29th August, 2026.
- Reason stated: pre-occupation and other professional commitments.
- They were appointed for a term of five consecutive financial years, from FY 2025-26 to FY 2029-30, and are leaving part-way through that term.
- They have completed the Secretarial Audit for the financial year ended 31st March, 2026.
- The auditor confirmed that apart from the stated reason, there are no other material reasons for the resignation.
- The firm also confirmed it has no objection to the appointment of another Practising Company Secretary in its place.
What comes next
Subject to shareholders' approval, the company proposes to appoint M/s. ARS & Associates Company Secretaries LLP as Secretarial Auditor at the AGM to be held on 30th September, 2026.
How to read it
A Secretarial Auditor checks a company's compliance with corporate laws and listing rules; this is different from a statutory (financial) auditor. Here the audit for the completed year was finished before the exit, and the stated reason relates to the auditor's own workload rather than any issue at the company. Investors often watch mid-term auditor exits closely, and the proposed successor's appointment at the AGM will be the next step to track.
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More numbers
- Term of appointment of outgoing Secretarial Auditorfive consecutive financial years
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