BSECompany Update23 Jun 2026 · 23 Jun 2026, 07:22 pm
Flexituff Ventures International Limited hereby Submits Resignation of Statutory Auditor of the Company
Flexituff Ventures International Ltd · 533638
✦ AI Summary▼ NegativeAuditor Change
Flexituff Ventures International Ltd. announced the resignation of its statutory auditor, M/s. Mahesh C. Solanki, Chartered Accountants, effective June 19, 2026. The auditor cited prolonged non-payment of audit fees and a "severe deadlock position" in the company's business operations as key reasons for their resignation. Furthermore, the auditor stated an inability to obtain sufficient appropriate audit evidence due to circumstances beyond management's control, which had a "significant impact on the financial statements/results," a concern also prevalent in previous limited review reports.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern10/10
Regulatory Risk9/10
Balance Sheet Risk10/10
Liquidity Impact1/10
Market Sentiment1/10
Full Announcement
Flexituff Ventures International Ltd - 533638 - Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors