Take Solutions Ltd. Announces Resignation of Statutory Auditor
Take Solutions Limited announced on March 25, 2026, that M/s. Venkat and Rangaa LLP have resigned as the company’s statutory auditor, effective the same date.The resignation was attributed to constraints relating to audit fees, with the firm stating that the remuneration was not commensurate with the size and complexity of the business, the scope of the audit engagement, and the reporting requirements under applicable statutory laws and regulations.
M/s. Venkat and Rangaa LLP were appointed as the Statutory Auditor on February 3, 2026, and their term was scheduled to expire at the conclusion of the Annual General Meeting in 2026. The firm submitted a Limited Review Report for the quarter and nine months ended December 2025 on February 14, 2026.
Details Regarding the Resignation
The following table outlines key details concerning the auditor's resignation:
| Particulars | Details |
|---|---|
| Company Name | Take Solutions Limited |
| Name of the Auditor | M/s. Venkat and Rangaa LLP |
| Reason for Change | Resignation due to constraints relating to audit fees. |
| Effective Date of Resignation | March 25, 2026 |
| Date of Appointment | February 3, 2026 |
| Scheduled Expiry of Term | Conclusion of the Annual General Meeting in 2026 |
| Limited Review Report Submission Date | February 14, 2026 |
The company has confirmed that there are no other material reasons for the resignation.
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