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TAKE Solutions Names New Statutory Auditor After Resignation

Story Highlights
  • TAKE Solutions’ board has approved appointing M/s A. Raghavendra Rao & Associates as statutory auditors, filling a vacancy created by the prior firm’s resignation, subject to shareholder approval.
  • The new audit firm, a seasoned chartered accountancy partnership with broad sector experience, is expected to bolster TAKE Solutions’ financial reporting continuity and regulatory compliance.
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TAKE Solutions Names New Statutory Auditor After Resignation

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The latest update is out from TAKE Solutions Limited ( (IN:TAKE) ).

TAKE Solutions Limited has announced that its board of directors, acting on the audit committee’s recommendation, has approved the appointment of M/s A. Raghavendra Rao & Associates as the company’s statutory auditors to fill a casual vacancy created by the resignation of the previous audit firm. The new auditors, a chartered accountancy partnership established in 1986 with extensive experience in statutory, tax, internal and concurrent audits across sectors such as banking, manufacturing, infrastructure and IT, are expected to support continuity and credibility in TAKE Solutions’ financial reporting, subject to shareholder approval.

The appointment, effective from March 26, 2026, signals the company’s intent to promptly address the auditor vacancy while aligning with SEBI’s disclosure requirements and maintaining regulatory compliance. By engaging an established audit firm with a broad client base that includes public sector banks and corporates, TAKE Solutions aims to reinforce stakeholder confidence in its audit processes and financial governance framework.

More about TAKE Solutions Limited

TAKE Solutions Limited is a listed Indian company whose shares trade on both BSE and NSE under the scrip code and symbol TAKE. The company operates under SEBI’s listing framework and maintains standard corporate governance practices, including oversight by an audit committee and a board of directors responsible for key financial reporting appointments.

Average Trading Volume: 100,036

Technical Sentiment Signal: Buy

Current Market Cap: 5.64B INR

For detailed information about TAKE stock, go to TipRanks’ Stock Analysis page.

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