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Latest filing: 2026-08-27 19:02
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Statutory Auditor M/s S S R C A & Co Resigns Mid-Tenure Effective August 27, 2026
Cian Healthcare Ltd has announced the resignation of its statutory auditor, M/s. S S R C A & Co., effective August 27, 2026. The auditor was appointed on January 10, 2025, and their tenure was originally scheduled to run through January 09, 2029. The auditor cited professional commitments and pre-occupations, confirming no other material reasons or unresolved concerns. The company will place the Audit Committee views on record and initiate the process to appoint a replacement.
Confidence: HIGH
What changedM/s S S R C A & Co. has resigned prematurely from the role of Statutory Auditors of Cian Healthcare.
Why it mattersMid-term auditor exits represent a governance event that warrants attention, especially for a loss-making microcap entity (TTM net loss of Rs -44 Cr).
Resignation Date: August 27, 2026Appointment Date: January 10, 2025Scheduled Expiry Date: January 09, 2029TTM Net Profit: Rs -44 Cr
📅 Short termAuditor resignations before the completion of term often induce caution in market sentiment until a reputable replacement is onboarded.
📈 Long termLimited operational impact, provided the transition to a new statutory auditor proceeds smoothly without reporting delays or audit qualifications.
⚠ Risk flags
- Premature auditor resignation mid-tenure
- Persistent operational losses (TTM net loss of Rs -44 Cr, FY26 revenue Rs 28 Cr)
Key Highlights
Statutory auditor M/s. S S R C A & Co. resigned effective August 27, 2026.
Auditor tenure was cut short prior to the scheduled expiration on January 09, 2029.
Last submitted report was for the financial year ended March 31, 2026.
Auditor stated resignation was due to professional preoccupations with no material audit concerns raised.
👀 What to Watch
Track the upcoming board meeting to review the Audit Committee's comments and the appointment of the successor statutory audit firm.
