M S K A & Associates LLP Resigns as Statutory Auditors of Nuvoco Vistas Corporation Ltd
Nuvoco Vistas Corporation Ltd has announced that M S K A & Associates LLP, Chartered Accountants, has tendered their resignation as the company's Statutory Auditors. The firm resigned following a Board meeting held on July 13, 2026.M S K A & Associates LLP, which was previously known as M S K A & Associates, served as the Statutory Auditor for Nuvoco Vistas Corporation Ltd since 2016. They were initially appointed in a casual vacancy for Financial Year (FY) 2016-17. The firm was subsequently reappointed at the 23rd Annual General Meeting held on August 5, 2022, to serve up to the conclusion of the 28th AGM planned for 2027.
The resignation is based on the interpretation by M S K A & Associates LLP that they have completed their permissible tenure of 10 years as stipulated under Section 139 of the Companies Act, 2013.
M S K A & Associates LLP stated that they have conducted the audit of the company's financial statements for 10 financial periods, spanning from FY 2016-17 to FY 2025-26 (including the initial appointment following a casual vacancy). In light of this completion of service term, the firm expressed its inability to continue as Statutory Auditors.
The firm's engagement included completing a Limited Review Report for the Quarter Ended June 30, 2026, which was submitted on July 13, 2026.
Key details regarding the resignation and tenure are summarized below:
| Particular | Details |
|---|---|
| Company Name | Nuvoco Vistas Corporation Limited |
| Statutory Auditor | M S K A & Associates LLP |
| Reason for Resignation | Completion of permissible 10-year term as per Section 139 of the Companies Act, 2013. |
| Audit Period Covered | FY 2016-17 to FY 2025-26 (10 financial periods) |
| Cessation Date | July 13, 2026 |
NUVOCO Stock Price Movement
Nuvoco Vistas Corporation Limited shares today slipped by 0.94% to settle at ₹316.55 after trading in the market. The stock saw a volume of 816,869 shares traded during the day.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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