AADHARHFCNSEAadhar Housing Finance LimitedMediumNeutral
Announced Tue, 5 May · 17:09 IST

Aadhar Housing Finance Limited has informed the Exchange regarding Outcome of Board Meeting for Appointment of Statutory Auditor subject to approval of the shareholders at the ensuing annual general meeting of the Company.

Management Changes View source PDF

AADHARHFC · price

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▲ 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
₹519.50
prior close
₹520.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.7-2.2-2.1-1.8-3.6-3.2-3.9-6.0-5.9-11.3-8.0-11.1+6.7
Up moveDown movePending
AI summary

The Board of Directors has recommended appointment of M/s. N M Raiji & Co, Chartered Accountants as Joint Statutory Auditor for 3 years from FY 2026-27 till AGM for FY 2028-29. The appointment is subject to shareholder approval at the ensuing AGM. The term of existing Joint Statutory Auditor M/s. Kirtane & Pandit LLP is expiring at the conclusion of the AGM for FY 2025-26 after completing their 3-year tenure. The new auditor will work alongside M/s. S. R. Batliboi & Associates LLP. The appointment follows RBI guidelines for statutory auditor rotation applicable to HFCs/NBFCs.

Likely market impact

This is a routine statutory auditor rotation following completion of tenure, compliant with RBI norms. No immediate impact on operations or financial reporting is expected for shareholders.