BSEAce Men Engg Works LtdMediumNeutral
Announced Wed, 11 Feb · 17:50 IST

Outcome of Board meeting enclosed herewith.

Auditor Resigned MidtermManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ace Men Engg Works' board, which met on February 11, 2026, approved three key items. First, it took note of the resignation of M/s. J Singh & Associates (FRN: 110266W) as statutory auditor, submitted via letter dated January 27, 2026. Second, it appointed M/s. S P A K & Associates (FRN: 0152417W), a Gujarat-based chartered accountancy firm with peer review certification, as the new statutory auditor effective February 11, 2026, to fill the resulting casual vacancy. Third, Mr. Dheeraj Kumar Sahu, a qualified Company Secretary with over two years of experience, was appointed as the Company's new Company Secretary and Compliance Officer (KMP), also effective February 11, 2026.

Likely market impact

A mid-term switch of statutory auditors can sometimes prompt governance questions from investors, though a peer-reviewed replacement firm is being engaged here. Filling the Company Secretary and Compliance Officer role strengthens the company's compliance function going forward.