ADVIKCABSEADVIK CAPITAL LTD.LowNeutral
Announced Sat, 5 Sept · 12:48 IST

Board approves new auditor, two independent directors resign, AGM on Sep 30

Board & Shareholder Meetings View source PDFExplain this filing

ADVIKCA · price

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Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹1.14
prior close
₹1.12
base price
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+0.0+0.9+0.0+0.0-4.4-5.3-7.9-9.6-12.3-12.3
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AI summary

Advik Capital's board on Sep 5, 2026 approved: (1) M/s MASAR & Co. as new Statutory Auditor for 5 years till 2031 AGM, replacing KSMC & Associates who resigned; (2) Related Party Transactions subject to member approval; (3) Accepted resignations of two Independent Directors, Mr. Devender Kumar Garg due to health issues and Mr. Rajnish Kumar Gupta due to family commitments, with committees reconstituted; (4) 41st AGM on Sep 30, 2026 via video conferencing, register of members closed Sep 24 to Sep 30.

Likely market impact

Auditor change and director exits are routine administrative actions. Watch the AGM for RPT details and FY26 financial results.