RKD Agri & Retail Ltd Auditor Transition and AGM Update

Resigning Auditor: MNT AND ASSOCIATES LLP (Effective September 1, 2026)
New Appointed Auditor: VPH & Associates LLP (Subject to AGM approval)

Reader Takeaway: Auditor transition appears procedural with no reported governance concerns; AGM rescheduled to end of September.

What just happened

RKD Agri & Retail Ltd has officially notified the exchange of a change in its statutory auditing firm. MNT AND ASSOCIATES LLP has resigned from its position effective September 1, 2026, citing professional commitments and pre-occupation. Simultaneously, the company has moved to appoint VPH & Associates LLP to fill the vacancy. The company also confirmed a revision to the schedule for its 40th Annual General Meeting (AGM).

Why this matters

Auditor resignations are closely monitored by investors for potential governance or accounting red flags. In this instance, the outgoing auditor, MNT AND ASSOCIATES LLP, explicitly confirmed in their disclosure that there are no concerns regarding the company’s management, financial reporting, or internal controls. The appointment of the new firm remains subject to the final approval of shareholders at the upcoming AGM.

AGM Schedule Update

The board of directors has approved a revised timeline for the 40th Annual General Meeting for the 2025-2026 financial year. The meeting is now scheduled for September 29, 2026, at 11:30 AM, to be held at the company's registered office. Shareholders will be presented with the Director's Report and relevant annexures during this proceeding.

What to track next

Investors should monitor the outcome of the 40th AGM, where shareholders will formally vote on the appointment of VPH & Associates LLP as the new statutory auditor for the company.