BSEAsgard Alcobev LtdMediumNeutral
Announced Thu, 15 Jan · 16:58 IST

as per the attached document

Auditor Resigned MidtermManagement Changes View source PDF

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

Awaiting price reaction for this filing.

AI summary

Banganga Paper Industries Limited has appointed M/s. Batliboi & Purohit, Chartered Accountants (FRN: 101048W) as its new Statutory Auditor for FY 2025-26. The appointment was approved by shareholders at an Extra Ordinary General Meeting held on 14th January 2026. The new auditor will hold office until the conclusion of the company's 42nd Annual General Meeting. This appointment fills a casual vacancy created by the resignation of the previous auditor, M/s. Jain Chhajed & Associates (FRN: 127911W). Batliboi & Purohit is a partnership firm with experience in auditing public and private limited companies under Indian GAAP and Ind AS.

Likely market impact

For retail investors, this means the company has changed its statutory auditor mid-term due to the previous auditor's resignation, which warrants a check on the reasons behind that exit. While the new auditor is a reputed firm, sudden auditor changes can sometimes signal accounting or governance concerns worth monitoring.