In a regulatory filing, Zomato said that the statutory auditor of its content subsidiary has resigned with effect from May 13, 2023
BB & Associates was re-appointed as the statutory auditor of Zomato Hyperpure Pvt Ltd for a period of five years following a shareholder’s resolution in July.
Online food delivery platform Zomato on Saturday said the auditor of its subsidiary Zomato Hyperpure Pvt Ltd, BB & Associates, has resigned. In a regulatory filing, Zomato said that the statutory auditor of its content subsidiary has resigned with effect from May 13, 2023.
In a letter to the board of Zomato Hyperpure Pvt Ltd, which was shared on the stock exchanges, BB & Associates said their resignation was following various discussions with the management of the holding company Zomato Ltd.
“We understand that they are looking to appoint one of the large audit firms as the statutory auditors of the company. Accordingly, we have agreed to step down as statutory auditors of the company with effect from May 13, 2023,” the letter said.
BB & Associates was re-appointed as the statutory auditor of Zomato Hyperpure Pvt Ltd for a period of five years following a shareholder’s resolution on July 14, 2021.
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