Flexituff Ventures International Ltd Reports Resignation of Statutory Auditor
Flexituff Ventures International Limited has reported the resignation of its statutory auditors, M/s. Mahesh C. Solanki., Chartered Accountants. The firm tendered their resignation effective June 19, 2026.The change in auditor was attributed to several factors detailed by the auditing firm. According to the resignation notice, the decision was necessitated due to the prolonged non-payment of outstanding audit fees, despite multiple reminders and follow-ups regarding the dues. The company's business operations were also cited as being under a severe deadlock position.
The statutory audit relationship details, which spanned several years, are as follows:
| Particular | Detail |
|---|---|
| Company Name | Flexituff Ventures International Limited |
| Auditor Name | M/s. Mahesh C. Solanki., Chartered Accountants (Firm Registration No.: 006228C) |
| Reason for Change | Resignation |
| Effective Date of Resignation | June 19, 2026 |
| Appointment Date | September 30, 2025 |
| Scheduled Term Expiry | March 31, 2030 |
The auditors had previously submitted several reports regarding the company's financial status. These included an Independent Auditor's Report on Annual Standalone and Consolidated Results for the quarter and year ended 31 March 2026, dated May 30, 2026, as well as a Standalone and consolidated statutory audit report for the year ended 31 March 2026.
The resignation notice confirmed that the inability to obtain sufficient appropriate audit evidence was due to circumstances beyond the control of management. The auditors also noted that they had conducted several reminders regarding the non-payment of their outstanding professional fees prior to tendering their resignation.
FLEXITUFF Stock Price Movement
Flexituff Ventures International Limited shares settled down today, shedding 1.33% and closing at ₹6.70 following the post-market session. Trading volume was light, with only 1871 shares recorded during the limited activity period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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