Focus Lighting And Fixtures Limited Announces Resignation of Statutory Auditors
Focus Lighting and Fixtures Limited has acknowledged the resignation of M/s. Patwa and Shah, Chartered Accountants, from the position of Statutory Auditor of the company. The firm tendered its resignation on August 11, 2026, effective immediately.The resignation was attributed to pre-occupation and increased professional commitments, necessitating a substantial allocation of time and resources that prevents M/s. Patwa and Shah from dedicating the requisite diligence to their duties as Statutory Auditors. The company's Board of Directors noted the resignation following receipt of the formal letter from the firm.
M/s. Patwa and Shah was appointed as the Statutory Auditor following a resolution passed at the 20th Annual General Meeting held on September 22, 2025. Their engagement was originally scheduled to span five consecutive years, commencing from the conclusion of the 20th Annual General Meeting until the conclusion of the 25th Annual General Meeting, which is slated for the Financial Year 2029-2030.
Before submitting their resignation, M/s. Patwa and Shah completed a limited review for the first quarter ended June 30, 2026, and issued the Limited Review Report (Consolidated and Standalone) dated August 11, 2026. The auditors confirmed that there were no material reasons for the resignation other than those stated in their official letter.
Key details regarding the auditor's engagement are summarized below:
| Detail | Information |
|---|---|
| Auditor Firm | M/s. Patwa and Shah, Chartered Accountants |
| Date of Appointment | August 05, 2025 |
| Resignation Date | August 11, 2026 |
| Reason for Resignation | Pre-occupation and increased professional commitments |
| Previous Report Submitted | Limited Review Report dated August 11, 2026 (for quarter ended June 30, 2026) |
The resignation confirms that M/s. Patwa and Shah had completed limited review work for the first quarter of June 30, 2026, prior to their cessation as Statutory Auditors of Focus Lighting And Fixtures Limited.
FOCUS Stock Price Movement
Focus Lighting and Fixtures Limited stock gained today, closing out the session at ₹67.69 after seeing a 0.25% rise in market value. The equity traded within an intraday range, hitting a low of ₹66.21 and reaching a high of ₹70.5 during trading hours.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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