APOLLOPIPEBSEApollo Pipes LtdLowNeutral
Announced Thu, 7 May · 17:31 IST

Appointment of Cost Auditor and Internal Auditor of the Company

Management Changes View source PDF

APOLLOPIPE · price

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Price reaction · full curve 14 horizons · vs prior close
-6.0%1-day move
₹519.00
prior close
₹502.80
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6+0.0-0.4-3.3-6.0-7.7-8.9-8.5+0.4-2.3-7.2-7.7-9.7
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AI summary

Apollo Pipes Limited has announced the re-appointment of two auditors for FY 2026-27. M/s. HMVN & Associates, Cost Accountants, has been re-appointed as Cost Auditor, while M/s. Alok Mittal & Associates, Chartered Accountants, has been re-appointed as Internal Auditor. Both appointments were recommended by the Audit Committee and approved by the Board of Directors on May 7, 2026. HMVN & Associates is led by Mr. Hari Krishan Goel, a Fellow Member of the CMA Institute with experience since 1993. Alok Mittal & Associates is led by CA Alok Kumar Mittal with over 41 years of experience. These are routine annual re-appointments as part of standard corporate governance requirements.

Likely market impact

This is a routine governance update with no material impact on shareholders. Re-appointing existing auditors indicates continuity in audit functions and does not signal any change in the company's financial health or reporting quality.