Announced Fri, 22 May · 14:20 IST

The details in relation to change in constitution of the Statutory Auditor''s Firm is enclosed.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+6.5%1-day move
₹4.18
prior close
₹4.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.5+1.2+1.0+6.5+7.4+5.3+5.0+1.0+1.4-2.4-1.7-6.7
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AI summary

The company's statutory auditor, M/s. Shivam Soni & Co., converted from a sole proprietorship firm to a partnership firm effective 30th January, 2026. A new partner, CA Reshma Divyesh Maru, was admitted to the firm. The firm explicitly clarified this is not a resignation and does not trigger SEBI's resignation disclosure requirements. The Firm Registration Number (152477W), firm name, and Peer Review Certificate remain unchanged. The original sole proprietor, CA Shivam Devkishanji Soni, continues as a partner in the newly structured firm. The matter will be placed before the Audit Committee and Board for necessary compliance.

Likely market impact

This is a routine administrative change with no impact on the audit arrangement or company operations. The auditor continues in the same role with the same registration credentials.