Adani Total’s auditor quits, cites other work

Mumbai: Months after Hindenburg Research raised questions over the ability of a “tiny firm” Shah Dhandharia & Co to audit the books of a large conglomerate like Adani, the accounting company has resigned from Adani Total Gas. It has cited professional preoccupation in other assignments to be the reason for its resignation.

The resignation comes within 10 months of it being reappointed as Adani Total Gas’s statutory auditor for a second term of five years. Shah Dhandharia, which converted into a limited liability partnership (LLP) from a partnership firm on April 9, 2021, is also the auditor of the conglomerate’s flagship Adani Enterprises, which houses the airports and data centre businesses.