Adani Ports falls after auditor Deloitte quits

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NEW DELHI: Shares of Adani Ports and Special Economic Zone dropped 3.5% in early commerce on Monday after the corporate’s auditor Deloitte resigned.

The the Board of Directors at Adani Ports and Special Economic Zone Limited on Sunday appointed M S Ok A and Associates, an impartial member agency of BDO International, because the statutory auditors of the corporate to fill the emptiness attributable to the resignation of Deloitte Haskins and Sells LLP.
The new auditor will maintain workplace until the date of the subsequent annual basic assembly of the Company to be held in 2024, “pursuant to Section 139 and other applicable provisions, if any, of the Companies Act, 2013”, Adani Ports knowledgeable inventory exchanges in a submitting late on Saturday night.

Since May 2017, Deloitte has been Adani Ports and Special Economic Zone’s statutory auditor. In July 2022, APSEZ reappointed Deloitte as its statutory auditor for one more time period of 5 years, which was supposed to finish in March 2027.


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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