AFCONSNSEAfcons Infrastructure LimitedMediumNeutral
Announced Mon, 18 May · 20:43 IST

Afcons Infrastructure Limited has informed the Exchange regarding Appointment of Ms M/s. Kishore Bhatia & Associates Cost Accountants as Other of the company w.e.f. May 18, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹320.05
prior close
₹296.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.5+2.5+2.4+3.3-4.6-6.3-6.5-5.2+1.0+6.2+2.9-1.7-7.5
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AI summary

Afcons Infrastructure Limited's Board of Directors has approved the re-appointment of M/s. Kishore Bhatia & Associates Cost Accountants as Cost Auditor for Financial Year 2026-27. The appointment was recommended by the Audit Committee and will be subject to ratification by shareholders at the upcoming Annual General Meeting. The firm, based in Mumbai, is a practicing cost accounting firm with experience across multiple industries including pharmaceuticals, engineering, infrastructure, and energy sectors. This is a routine annual disclosure under SEBI LODR Regulations.

Likely market impact

This is a low-impact, routine governance disclosure. The re-appointment of a cost auditor does not signal any changes to company leadership or financial health. Shareholders should simply note this for ratification at the AGM.