ANTHEMNSEAnthem Biosciences LimitedMediumNeutral
Announced Wed, 22 Apr · 18:12 IST

New statutory auditor appointed; routine 5-year rotation from FY27

Management Changes View source PDF

ANTHEM · price

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▲ 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
-2.4%1-day move
₹758.00
prior close
₹751.10
base price
After-mkt
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+1.2+1.2+1.0+1.5-2.4+1.6+2.2+1.6+0.3+0.9+3.2+0.6+2.0+3.2
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AI summary

Board approved appointing S.R. Batliboi & Associates LLP as statutory auditors for 5 years from FY27 AGM, replacing K.P. Rao & Co. who complete their term. Also approved Upside Sharing Arrangement: investor Viridity Tone LLP divested ~20.3 million shares on Mar 9, 2026 for ₹1,317 cr, with ₹127.68 cr payable to promoters.

Likely market impact

Routine auditor rotation to a larger firm. Promoters receive ₹127.68 cr from investor's share sale gains, subject to shareholder approval.