Photoquip India Ltd Announces Mutual Termination of R. C. Jain & Associates LLP as Internal Auditors
Photoquip India Ltd has confirmed the mutual termination of its engagement with M/s. R. C. Jain & Associates LLP, who served as the company's Internal Auditor. The Board of Directors reviewed and approved this decision following a meeting held on July 21, 2026.The cessation of the audit service was reached through mutual discussions and understanding between Photoquip India Ltd and R. C. Jain & Associates LLP. This termination is effective from July 20, 2026.
The company confirmed that M/s. R. C. Jain & Associates LLP successfully completed the Internal Audit assignment for the financial year 2025-26 and subsequently agreed to discontinue their remaining engagement with the firm.
A formal confirmation of the mutual termination stated that the decision was made by mutual consent, and it is not in any way due to a dispute, disagreement, or deficiency in services rendered by either party.
Key details regarding the transition are summarized below:
| Particulars | Details |
|---|---|
| Auditor Name | R. C. Jain & Associates LLP |
| Category | Internal Auditor |
| Date of Cessation | 20 July 2026 |
| Audit Completion | Financial Year 2025-26 |
| Nature of Termination | Mutual consent following mutual discussions |
Stock Price Movement
Photoquip India Ltd shares settled at ₹13.92 at the close of trade on Thursday, registering a decline of 0.50%. The stock demonstrated zero volatility throughout the day, with its intraday high and low locked at that single price point.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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