Yuken India Limited has announced that its material subsidiary, Coretec Engineering India Private Limited, has accepted the resignation of its statutory auditors, M/s. VKAN & Associates, Chartered Accountants. The resignation is effective from the closure of business hours on June 02, 2026. The auditors cited pre-occupation with other professional responsibilities as the reason for their resignation, emphasizing that it is not due to any concerns regarding the company's affairs, financial position, internal controls, governance, or management. The resignation follows the completion of the statutory audit for the financial year ended March 31, 2026, to allow the company sufficient time to appoint a successor. M/s. VKAN & Associates were appointed as statutory auditors on September 03, 2024, at the 26th Annual General Meeting, with a term extending until the conclusion of the 31st AGM for the financial year 2028-29. Their resignation letter was submitted on June 02, 2026.
