ACCNSEACC Limited· Cement And Cement ProductsMediumNeutral
Announced Thu, 30 Apr · 18:03 IST

ACC Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

ACC · price

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹1417.90
prior close
₹1412.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.6+0.0-0.1-1.6-0.0-0.1-1.8-4.1-3.6-2.2-4.8-1.3
Up moveDown movePending
AI summary

ACC Limited reported audited financial results for Q4 and FY2026. Standalone profit after tax for the year stood at Rs. 2,286.78 Crore, compared to Rs. 2,424.56 Crore in the previous year. Total income was Rs. 26,170.51 Crore. The Board recommended a dividend of Rs. 7.50 per equity share for FY2025-26, payable after July 1, 2026. The 90th AGM is scheduled for June 26, 2026. Regarding auditor changes, M/s. Grant Thornton Bharat LLP has been appointed as Internal Auditor replacing Mr. Shobhit Dwivedi due to organizational restructuring. M/s. P.M. Nanabhoy & Co. was appointed as Cost Auditors for FY2026-27. The statutory auditors S R B C & Co. LLP continue and issued an unmodified opinion. The company is undergoing amalgamation with Ambuja Cements Limited.

Likely market impact

The stock shows mixed signals with lower annual PAT vs previous year, though Q4 PAT of Rs. 248.72 Crore and dividend announcement provide shareholder value. The change in internal auditor due to restructuring is a routine administrative change without material impact on governance.