Announced Tue, 30 Jun · 17:56 IST
Statutory Auditor Resigns Mid-Term Citing Pre-Occupation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹46.30
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.0-1.9-2.6—+1.5-7.8+22.9———
Up moveDown movePending
AI summary
AMS Polymers' statutory auditor M/s Roshan Agarwal and Associates resigned on June 30, 2026, months before their term was due to end at the 41st AGM in September 2026. Reasons cited were pre-occupation with other professional assignments and lack of a dedicated audit team. The auditor confirmed no other material reasons and raised no concerns about management or information.
Likely market impact
Mid-term auditor exit may raise governance questions and delay the audit process. Watch for timely appointment of a new auditor.