RAJOOENG NSE filing

Rajoo Engineers subsidiary, Kohli Printing, appoints new statutory auditor

The RealCase readLow impact Neutral

Rajoo Engineers' material subsidiary, Kohli Printing and Converting Machines Private Limited, changed its statutory auditors due to a regulatory requirement for a peer-reviewed firm.

Why it matters

The change is for a subsidiary, and a new auditor has been promptly appointed, ensuring continuity. The reason for the change is compliance-related and not due to any dispute or adverse findings, thus having a low impact on the parent company.

The market read

The change in auditors is a procedural step due to a regulatory requirement for the subsidiary to appoint a peer-reviewed auditor, not indicative of positive or negative financial performance or issues.

Rajoo Engineers Limited announced that M/s. Sachdev & Associates, Chartered Accountants, resigned as the Statutory Auditors of Kohli Printing and Converting Machines Private Limited (KPL), a material subsidiary, effective October 17, 2025. The resignation was due to KPL becoming a material subsidiary, which requires a peer-reviewed auditor, a qualification M/s. Sachdev & Associates does not hold. Consequent to this, the Board of Directors of KPL approved the appointment of M/s. Rushabh R Shah and Co., Chartered Accountants, as the new Statutory Auditors. They will hold office until the conclusion of the forthcoming Annual General Meeting. The last audit report submitted by M/s. Sachdev & Associates was for the financial statements for the year ended March 31, 2025, submitted on September 05, 2025.

Filing to action

What to do with a filing like this

Rajoo Engineers 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.

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Primary source

A plain-language summary of a public exchange filing by Rajoo Engineers Limited. Read the original for the full detail.

View original filing