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.