Family Care Hospitals Limited's statutory auditors, M/s S.M Gupta & Co., have resigned.

The auditors cited a proposed reduction in their professional fees as the reason, stating the revised fee structure was not commensurate with the extensive scope of work, professional diligence, and resources required for conducting the audit in compliance with applicable laws and standards.

This departure of the auditing firm is a notable development for Family Care Hospitals, signaling a change in its financial oversight and potentially impacting investor confidence.