Announced Mon, 29 Jun · 13:44 IST

New statutory and internal auditors appointed after prior resignations

Auditor Resigned MidtermManagement Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹29.50
prior close
base price
In-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.9+7.6+7.5+2.2-3.4-0.6
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AI summary

Board appointed M/s Shivam Soni and Co as statutory auditor from 29 June 2026 till the AGM for FY 2025-26, filling the casual vacancy left by M/s Maark and Associates which resigned on 28 May 2026. Shivam Soni will audit FY 2026-27. Internal auditor M/s S. Mandawat and Co also resigned on 29 June 2026 citing preoccupation with other assignments. M/s Mitt and Co was appointed as new internal auditor for FY 2026-27.

Likely market impact

Routine auditor changes. Statutory auditor swap follows prior mid-term resignation, internal auditor change due to busy schedule. Needs shareholder approval at AGM.