Confidence Petroleum India Limited: Statutory Auditor L N J & Associates Resigns
Confidence Petroleum India Limited has announced the resignation of its joint Statutory Auditor, L N J & Associates, Chartered Accountants (Firm Registration No. 135772W). The resignation was tendered...
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Why is Confidence Petroleum India Limited in the news today?
Confidence Petroleum India Limited (CONFIPET) is in the news due to the resignation of a statutory auditor is a routine corporate event. while it requires disclosure, it does not inherently indicate positive or negative performance or outlook for the company. the reasons provided are standard and do not suggest any underlying issues.
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Confidence Petroleum India Limited: Statutory Auditor L N J & Associates Resigns
December 30, 2025, 12:34 PM
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Confidence Petroleum India Limited has announced the resignation of its joint Statutory Auditor, L N J & Associates, Chartered Accountants (Firm Registration No. 135772W). The resignation was tendered vide a letter dated December 30, 2025, and is effective from the close of business hours on the same day.
L N J & Associates were appointed as Statutory Auditors for a period of 5 years at the 27th Annual General Meeting held on September 30, 2021. They have cited preoccupation with other personal and professional commitments as the reason for their resignation. The auditors have confirmed that there are no disputes with the management regarding the audit procedures and that they will be filing the ADT-3 form with the Registrar of Companies in due course.
As per regulatory requirements, the company has provided details regarding the resignation, including the name of the auditor, reasons for change, and the effective date. The auditors have also stated that they have issued the audit report for the financial year ended March 31, 2025, and the limited review report for the quarter ended September 30, 2025, on November 14, 2025.
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