CMI Limited Announces Resignation of Statutory Auditor, Bagchi Kejriwal & Co.
CMI Limited announced the resignation of M/s. Bagchi Kejriwal & Co. as Statutory Auditor, effective 18th April 2026, due to unavoidable circumstances. The resignation was acknowledged on 18th May 2026. The auditor also resigned as Tax Auditor with effect from Financial Year 2026-27.
Change in auditors is a routine corporate event and unlikely to have a significant impact on the company's operations or stock price.
The announcement is a notification of a change in auditors, which is neither inherently positive nor negative.
CMI Limited announced that M/s. Bagchi Kejriwal & Co., Chartered Accountants, have resigned from their position as the Statutory Auditor of the company. The resignation was tendered via a letter dated 18th April 2026, and was acknowledged by the Resolution Professional on 18th May 2026. The auditors cited unavoidable reasons and circumstances beyond their control as the cause for their resignation. There are no other material reasons for the resignation other than what was specified in their resignation letter. The company has confirmed that M/s. Bagchi Kejriwal & Co. also resigned as Tax Auditor with effect from Financial Year 2026-27.
What to do with a filing like this
CMI Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
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