Srei Equipment Finance's auditor Haribhakti resigns from immediate effect

In a letter to administrator of Srei Equipment Finance, Haribhakti cited RBI guidelines for the appointment of statutory central auditors /statutory auditors of commercial banks

Srei Equipment Finance (SEFL) auditor, Haribhakti & Co LLP, has resigned with effect from July 7, 2022.

In a stock exchange filing on Thursday, Srei Infrastructure Finance (SIFL), a listed company, had informed about the resignation of SEFL’s auditor. SEFL is a wholly-owned subsidiary of SIFL.

Haribhakti was appointed statutory auditors of SEFL from FY20 to FY24 at the 14th annual general meeting (AGM) of the company held on August 25, 2020.

In a letter to the administrator of SEFL, Haribhakti cited the Reserve Bank of India (RBI) guidelines for the appointment of statutory central auditors (SCAs)/statutory auditors (SAs)