Announced Tue, 1 Sept, 2026 · 19:06 IST

Statutory Auditor Piyush Kothari resigns mid-term

Auditor Resigned MidtermManagement Changes View source PDFExplain this filing

Price

Loading chart…

▲ 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
-5.0%1-day move
₹18.43
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.0-3.7-6.7-9.6-9.6-11.8-0.6-11.9——
Up moveDown movePending
AI summary

M/s Piyush Kothari & Associates resigned as Statutory Auditor of Astron Multigrain effective 1 September 2026, well before the end of their five-year term. The firm cited pressing professional commitments and bandwidth constraints. The audit for FY 2025-26 was already completed. The auditor stated no concerns about the company's governance or operations and confirmed no other material reasons for the exit.

Likely market impact

Company must appoint a new statutory auditor before the next audit cycle. Mid-term exits can raise governance questions, though the auditor confirmed no issues here.