Vascon Engineers on Friday said that Deloitte Haskins & Sells LLP, has resigned as statutory auditors of GMP Technical Solutions Private Limited, a material subsidiary of the company.
The audit committee of GMP, which took note of the resignation, further said Deloitte Haskins & Sells LLP have not raised any concern with respect to its resignation.
Upon audit committee's recommendation, the board of GMP approved appointment of Sharp & Tannan Associates, Chartered Accountants as Statutory Auditor of the company, it said.
Shares of Vascon Engineers closed 1.5 per cent higher at ₹12.90 on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.