Internal Auditor M/s. V D P & Co resigns, citing other professional commitments
Vineet Laboratories has told the exchanges that M/s. V D P & Co, Chartered Accountants, have resigned as its Internal Auditors.
By ScoutQuest · · 2 min read
- Resignation Date
- 04th November, 2026
- Stated Reason
- pre-occupation with other professional commitments and assignments
- Disclosure Basis
- Regulation 30 of the SEBI (LODR) Regulations, 2015
What the company told the exchanges
- Vineet Laboratories Ltd has informed BSE (Scrip Code 543298) and NSE (Symbol VINEETLAB) that M/s. V D P & Co, Chartered Accountants, have resigned as the Internal Auditors of the company.
- The resignation is dated 04th November, 2026.
- The reason stated in the resignation letter is the firm's pre-occupation with other professional commitments and other assignments.
- The intimation was shared under Regulation 30 of the SEBI (LODR) Regulations, 2015, and was accompanied by the prescribed details in the annexure.
What an internal auditor does
An internal auditor is the person or firm that checks a company's internal controls, processes and records from the inside, on a continuing basis. Unlike the statutory auditor who signs off on the annual accounts, the internal auditor works through the year, reviewing how money, inventory, purchases and reporting systems actually function. Their reports go to the audit committee and the board, not directly to shareholders.
How to read this announcement
- The update states the reason for the exit as the firm's own workload and other assignments, which is a professional-capacity explanation.
- The exit is of the internal auditor; the statutory auditor of a company is a separate appointment.
- The details furnished follow the format prescribed for auditor-related changes, with the date of resignation recorded as 04th November, 2026.
- The update carries no financial figures, so there is nothing quantitative here for an investor to weigh.
What a retail investor can keep an eye on
- The appointment of the next internal auditor, since the internal audit function runs through the financial year.
- The audit committee's and board's role in overseeing that transition, which is where such appointments are normally considered.
- Any further exchange updates on auditor changes, which would come under the same continuous disclosure requirement.
Also from Vineet Laboratories
Board approves M/s Krishna Reddy & Co. as Internal Auditor for FY 2026-27
4 Nov 2026
Board Approves Appointment of M/s Mannidi & Associates as Cost Auditor for 2026-27
4 Nov 2026
Board approves appointment of Secretarial Auditor for a five-year term
4 Nov 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.