Sparkle Gold Rock Ltd Changes Statutory Auditor Following Resignation of G.R. Gupta & Company; Appoints Dhadda and Associates
Sparkle Gold Rock Limited, formerly known as Sree Jayalakshmi Autospin Limited, has appointed M/s Dhadda and Associates as its new Statutory Auditor. This decision follows the resignation of the previous auditor, M/s G.R. Gupta & Company. Both changes were finalized during a Board meeting held on August 11, 2026.M/s G.R. Gupta & Company tendered their resignation as the Statutory Auditors effective from August 11, 2026. The company noted that the reason for the change in auditors was related to the financial viability of continuing at the previously paid fee.
The Board of Directors subsequently approved the appointment of M/s Dhadda and Associates (FRN: 013807S), Chartered Accountants, to fill the casual vacancy created by the resignation. The appointment is subject to shareholder approval at the ensuing General meeting.
Details regarding both auditors have been confirmed as follows:
Auditor Transition Summary
| Aspect | Resigning Auditor | Appointed Auditor |
|---|---|---|
| Auditor Name | G.R. Gupta & Company | Dhadda and Associates |
| Effective Date of Change | August 11, 2026 | August 11, 2026 |
| Reason for Change | Not commercially viable to continue at the previously paid fee. | Appointment to fill casual vacancy caused by resignation. |
Profile of New Auditor
M/s Dhadda and Associates is described as a Peer-Reviewed Chartered Accountancy Firm established in 2012, offering various services including Audit & Assurance, Valuation, Forensic Audit, Financial Advisory, Ind AS, ESG/BRSR, and Impact Assessment services. The company confirmed that there are no conflicts of interest regarding the appointment of M/s Dhadda and Associates.Prior to the transition, G.R. Gupta & Company submitted a limited review report on the unaudited financial results for the quarter ended June 30th, 2026, dated August 11, 2026.
Stock Price Movement
Sparkle Gold Rock Ltd is dipping in the market, currently trading at ₹73.10 as it sheds 2.57% of its value. Shares have seen significant movement today, swinging between a low of ₹64.00 and an intraday high of ₹78.80.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.