AFCONSBSEAfcons Infrastructure LtdLowNeutral
Announced Mon, 18 May · 20:40 IST

Re-appointment of M/s. Kishore Bhatia & Associates as cost auditor of the Company

Management Changes View source PDF

AFCONS · price

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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
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Afcons Infrastructure Limited's Board of Directors has re-appointed M/s. Kishore Bhatia & Associates as the Cost Auditor for Financial Year 2026-27. The appointment was made on May 18, 2026, based on the recommendation of the Audit Committee. The remuneration for this engagement is subject to ratification by shareholders at the ensuing Annual General Meeting. This is a continuation of an existing auditor relationship, with the firm being a Mumbai-based practicing cost accountant firm with experience across multiple industries including pharmaceuticals, engineering, infrastructure, and energy sectors.

Likely market impact

This is a routine governance filing with no material impact on shareholders. The re-appointment maintains audit continuity and compliance with cost audit requirements under SEBI regulations.