IND Renewable Energy Ltd. has announced a board meeting on April 9, 2025, to address a change in statutory auditors.

J D Shah Associates has resigned effective February 14, 2025, without raising any concerns.

Following this, the Board has approved the appointment of K. S. Subrahmanyam & Co. as the new statutory auditor, pending shareholder approval at the upcoming Annual General Meeting.

The transition may reflect a strategic shift in audit relationships, potentially enhancing transparency and governance.

This move could foster a positive outlook among investors, highlighting management's proactive approach to maintaining compliance and operational integrity.