May 31, 2018 / 6:51 AM / 21 days ago

BUZZ-India's Atlanta Ltd hits lower limit as auditors resign

** Shares of construction company Atlanta Ltd fall as much as 19.98 pct to 51.25 rupees, their lower limit for intraday trade

** Price Waterhouse Chartered Accountants resigned as its auditors on May 29, co said in a statement on Wednesday

** Price Waterhouse had flagged concerns about lack of available information, including receipt of income tax orders

** Co also postponed its scheduled board meeting for May 29 after two independent directors resigned

** Shares touch their lowest since Nov 2016

** More than 1.2 mln shares traded as of 0634 GMT, compared with the 30-day moving avg of 106,152 shares

** Manpasand Beverages Ltd’s auditors too resigned earlier this week citing lack of information from the company

** Manpasand shares hit lower limit again, falling nearly 10 pct on Thursday

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