Announced Thu, 13 Aug · 19:21 IST
Statutory Auditor M/s. S S R V and Associates resigns effective Aug 13, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹6.89
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.6+5.5+3.5+1.5-0.4—————
Up moveDown movePending
AI summary
7NR Retail's statutory auditor M/s. S S R V and Associates resigned effective Aug 13, 2026, before the scheduled term end of March 31, 2030. Reason given: firm took on several new assignments requiring substantial time and resources, making it unable to continue as auditor. The auditor confirmed no concerns about management, no disputes, and no material reason. Last report submitted was Q1 FY27 limited review dated July 29, 2026. Board will appoint a new auditor to fill the casual vacancy.
Likely market impact
Midterm auditor exit with no governance concerns flagged; Board must appoint a replacement statutory auditor soon.